MUMBAI: Export of diamonds from India to the US has nearly halved after President Trump slapped a 50% tariff on the country, plunging the industry into a crisis, said Al Cook, CEO at De Beers Group, adding that there hasn’t been a large scale “relocation” of Indian industry to other countries, though, as stakeholders are…
The settlement came in the case of a 14-year-old in Florida who had killed himself after developing a relationship with an A.I. chatbot. Source link
LAS VEGAS: With artificial intelligence the dominant theme of the world’s largest consumer electronics show, CES 2026 , Samsung Electronics unveiled its ‘Companion to AI living’ vision at The First Look, its preview event.“Samsung is building a more unified, more personal experience across mobile, visual display, home appliances and services,” said T M Roh, CEO…
The president said he wanted Congress to stop big investors from buying the houses, which has driven up rents and set obstacles for first-time buyers in some markets. Source link
US President Donald Trump vowed to block defence contractors from paying dividends or buying back shares until they accelerate the production of military equipment. The announcement was made on Truth Social on Wednesday and sent defence stocks tumbling. It signals a rare direct intervention in the US military-industrial sector. He claimed that US produces the…
The New York Times has been on the ground in the country since at least the 1880s, through celebration, suffering and political turmoil. Source link
NEW DELHI: The income tax department on Wednesday flagged major risks associated with virtual digital assets (VDA), such as cryptocurrency, joining the Reserve Bank of India in opposing the entry of these instruments.In a presentation to the parliamentary standing committee of finance, the tax authorities flagged as to how anonymous, borderless and near-instant value transfer…
The family-owned company that operates the newspaper cited mounting losses and labor constraints. A final edition is expected on Sunday, May 3. Source link
US employers posted significantly fewer job openings in November, signalling that hiring remains subdued even as economic growth has picked up, according to data released by the Labor Department. Businesses and government agencies reported 7.1 million open jobs at the end of November, down from 7.4 million in October. While hiring remained weak, layoffs also…
The White House is intensifying and broadening its probes into fraud in states led by prominent Democrats. Source link
