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Asian shares are mixed as Oracle's earnings revive AI worries, hitting technology shares

Asian shares are mixed as Oracle's earnings revive AI worries, hitting technology shares

Asian shares are mixed after the U.S. stock market again approached its record high following the Federal Reserve’s cut in its main interest rate
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Mexico's Senate approves tariff hikes on Chinese, other Asian imports

Mexico's Senate approves tariff hikes on Chinese, other Asian imports

MEXICO CITY, Dec 10 (Reuters) - Mexico's Senate approved on Wednesday tariff hikes of up to 50% next year on imports from China and several other Asian countries, aiming to bolster local industry despite opposition from business groups and affected governments.
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Trump's 'gold card' program goes live, offering US visas starting at $1 million per person

Trump's 'gold card' program goes live, offering US visas starting at $1 million per person

President Donald Trump has announced the long-awaited launch of a "gold card" program offering legal status and a pathway to U.S. citizenship
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Mexico's lower house approves tariff hikes on Chinese, other Asian imports

Mexico's lower house approves tariff hikes on Chinese, other Asian imports

By Diego Oré MEXICO CITY, Dec 10 (Reuters) - Mexico's lower house early Wednesday approved tariffs of up to 50% next year on imports from China and several other Asian countries, aiming to boost domestic production and address trade imbalances. 
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Intel and Tata Electronics Partner to Boost Semiconductor Manufacturing in India

Intel and Tata Electronics Partner to Boost Semiconductor Manufacturing in India

Intel and Tata Electronics Partner to Boost Semiconductor Manufacturing in India
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India's Labour Codes Aim to Modernize Workforce Amidst Structural Challenges

India's Labour Codes Aim to Modernize Workforce Amidst Structural Challenges

India's new Labour Codes consolidate 29 laws into four frameworks to enhance social security and compliance, aiming to boost manufacturing and competitiveness. However, gaps remain, particularly in subcontracting, high-skilled R&D roles, and working hour regulations. The codes lack clarity on multi-level subcontracting chains and do not address the unique needs of short-term R&D projects. Additionally, the rigid working hour framework may disrupt precision manufacturing processes. The absence of a specific data protection protocol for worker information is another concern.
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Tata and Intel Collaborate to Enhance India's Semiconductor Manufacturing

Tata and Intel Collaborate to Enhance India's Semiconductor Manufacturing

Tata Electronics and Intel have entered into a strategic collaboration aimed at advancing India's semiconductor manufacturing capabilities. The partnership, formalized through a Memorandum of Understanding (MoU), focuses on exploring opportunities for local manufacturing and packaging of Intel products at Tata's upcoming fabrication and assembly facilities. This initiative aligns with India's goal to become a global hub for semiconductor production, reducing reliance on imported components and boosting the deployment of AI-powered computing solutions.
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Amazon Commits $35 Billion to AI Development in India, Aiming for Economic Growth

Amazon Commits $35 Billion to AI Development in India, Aiming for Economic Growth

Amazon Commits $35 Billion to AI Development in India, Aiming for Economic Growth
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Professor Mittra's Study Suggests New Approach to Brain Cancer Treatment

Professor Mittra's Study Suggests New Approach to Brain Cancer Treatment

Professor Indraneel Mittra from the Advanced Centre for Treatment, Research and Education in Cancer in Mumbai, India, has led a study exploring a novel approach to treating glioblastoma, a highly aggressive brain cancer. The study involved administering a combination of resveratrol and copper to patients, which appeared to support a healing process in tumors. This approach challenges the traditional methods of attacking cancer cells and suggests that healing tumors might be more effective. The study showed promising results, with treated tumors exhibiting less aggressive growth and reduced cancer markers.
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Hollywood-hungry Gulf states bankroll Paramount's Warner Bros bid

Hollywood-hungry Gulf states bankroll Paramount's Warner Bros bid

By Federico Maccioni and Rachna Uppal ABU DHABI, Dec 9 (Reuters) - Paramount Skydance's addition of three Gulf sovereign wealth funds to the cast of its $108 billion hostile bid for Warner Bros Discovery marks a relatively rare alliance among the states as they build their own entertainment
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India Implements Cash Transfers for Women to Address Unpaid Household Work

India Implements Cash Transfers for Women to Address Unpaid Household Work

India has launched a significant social policy experiment by providing unconditional cash transfers to women across 12 states. These transfers aim to recognize and compensate for unpaid household and care work, with amounts ranging from 1,000 to 2,500 rupees monthly. The initiative targets adult women, acknowledging their contributions to household management and care responsibilities. While the transfers offer financial autonomy and modest bargaining power, they have not significantly reduced women's unpaid workload. The scheme has sparked political interest, with cash transfers influencing electoral outcomes in several states.
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'Big hopes for Africa': Defence firms scramble for drone market at Egypt arms expo

'Big hopes for Africa': Defence firms scramble for drone market at Egypt arms expo

By Alexander Dziadosz CAIRO, Dec 8 (Reuters) - Quadcopters, electromagnetic rifles and an AI-powered navigation system were among the wares displayed at one of Africa and the Middle East’s biggest arms expos, as defence companies jostle to break into regional markets increasingly defined by drone