President urges people to reduce consumption after power line passing through Ukraine damaged by drones; Moscow spring offensive steps up. What we know on day 1,491 Moldova declared a state of emergency in the energy sector after a key power line with Europe was disconnected following Russian strikes in Ukraine. The declaration comes into effect on Wednesday and lasts for 60 days. Prime minister A...
President urges people to reduce consumption after power line passing through Ukraine damaged by drones; Moscow spring offensive steps up. What we know on day 1,491 Moldova declared a state of emergency in the energy sector after a key power line with Europe was disconnected following Russian strikes in Ukraine. The declaration comes into effect on Wednesday and lasts for 60 days. Prime minister Alexandru Munteanu appealed to people to “avoid unnecessary consumption, especially during peak hours” and “stay united”, according to a statement from parliament. The former Soviet republic imports electricity from neighbouring European Union member Romania, mostly via a power cable that passes through southern Ukraine. Moldovan authorities said crashed drones had been identified in Ukraine near the line and that “demining operations” were needed before repairs could be done. Restoring the power line itself is expected to take up to seven days, energy minister Dorin Junghietu was quoted by Moldovan media outlet Ziarul de Garda as saying. “Russia alone bears responsibility,” Moldovan president Maia Sandu wrote on X, while the foreign ministry also condemned the Russian attacks. Russia has frequently targeted Ukraine’s energy infrastructure since it invaded its neighbour in 2022. Ukrainian president Volodymyr Zelenskyy has accused Russia of “absolute depravity” after Moscow fired an unprecedented daytime barrage across Ukraine, including on the historical centre of the western city of Lviv. “Iranian ‘shaheds’ [attack drones], modernised by Russia, are striking a church in Lviv – this is absolute depravity, and only someone like [Vladimir] Putin could find this appealing,” Zelenskyy said in his daily address. “The scale of this attack makes it abundantly clear that Russia has no intention of actually ending this war,” Zelenskyy added, vowing that Ukraine “will certainly respond to any attacks.” Moscow appears to be stepping up a spring offensive intended to break Ukrainian res...
Amazon.com (NasdaqGS:AMZN) agreed to acquire Fauna Robotics, signaling an entry into consumer humanoid robotics alongside its existing automation efforts. AWS experienced repeated and severe service disruptions in its Bahrain region, with outages linked to drone strikes connected to ongoing Middle East conflict. The disruptions triggered customer migrations and operational changes, raising fresh q...
Amazon.com (NasdaqGS:AMZN) agreed to acquire Fauna Robotics, signaling an entry into consumer humanoid robotics alongside its existing automation efforts. AWS experienced repeated and severe service disruptions in its Bahrain region, with outages linked to drone strikes connected to ongoing Middle East conflict. The disruptions triggered customer migrations and operational changes, raising fresh questions about cloud resiliency in higher risk geographies. For a company already active in...
Adobe, ticker NasdaqGS:ADBE, plans to acquire marketing platform Semrush for US$1.9b. The company also announced an expanded partnership with NVIDIA focused on next generation Firefly models and AI agent workflows. These moves are aimed at deepening Adobe's AI driven marketing and search capabilities beyond its core creative tools. For you as an investor, this sits at the crossroads of creative so...
Adobe, ticker NasdaqGS:ADBE, plans to acquire marketing platform Semrush for US$1.9b. The company also announced an expanded partnership with NVIDIA focused on next generation Firefly models and AI agent workflows. These moves are aimed at deepening Adobe's AI driven marketing and search capabilities beyond its core creative tools. For you as an investor, this sits at the crossroads of creative software, search marketing, and generative AI. Adobe already plays a central role in content...
Thailand’s Amity , which builds and integrates generative AI technology for businesses, raised $100 million as it gears up for a stock-market debut and accelerates its product rollout. The company is planning an initial public offering next year, founder and Executive Chairman Korawad Chearavanont said in an interview, adding that it is weighing listing venues in Thailand, Singapore and Hong Kong....
Thailand’s Amity , which builds and integrates generative AI technology for businesses, raised $100 million as it gears up for a stock-market debut and accelerates its product rollout. The company is planning an initial public offering next year, founder and Executive Chairman Korawad Chearavanont said in an interview, adding that it is weighing listing venues in Thailand, Singapore and Hong Kong. The latest funding round was led by Singapore’s EDBI and included investors such as Asia Partners and SMDV . Amity will use the funds to expand across Europe and deepen its research capabilities in Southeast Asia, said Chearavanont. Founded in 2012, the Thailand-based firm acquires software companies with large data moats, then builds specialized AI models on top of them to help businesses in areas such as retail and telecommunications. Chearavanont, the grandson of Thai billionaire Dhanin Chearavanont , didn’t disclose the company’s valuation or sales, but said it aims to reach $200 million in annual recurring revenue this year. Amity is one of a growing number of startups drawing interest from investors in the race to commercialize generative artificial intelligence, joining firms including US-based Glean Technologies Inc. and Canada’s Cohere Inc. that have raised hundreds of millions of dollars to build tools that turn corporate data into deployable AI systems. Amity is also betting that the fresh funds will help cement it as a regional AI leader in Southeast Asia.
Testing conducted by Chinese scientists has found that a solid rocket engine can ignite at 200 metres (656 feet) underwater – far deeper than submarine-launched missiles – suggesting new possibilities for deep-sea weapon systems. Ballistic missiles that can be launched from subs are central to strategic deterrence for nuclear powers – for example, the M51 used by France, America’s Trident system, ...
Testing conducted by Chinese scientists has found that a solid rocket engine can ignite at 200 metres (656 feet) underwater – far deeper than submarine-launched missiles – suggesting new possibilities for deep-sea weapon systems. Ballistic missiles that can be launched from subs are central to strategic deterrence for nuclear powers – for example, the M51 used by France, America’s Trident system, and China’s Julang series. With these missiles on board, submarines, moving stealthily through deep...
(RTTNews) - The China stock market on Tuesday ended the three-day losing streak in which it had tumbled almost 250 points or 6.2 percent. The Shanghai Composite Index now sits just above the 3,880-point plateau and it's looking at a soft start on Wednesday.
(RTTNews) - The China stock market on Tuesday ended the three-day losing streak in which it had tumbled almost 250 points or 6.2 percent. The Shanghai Composite Index now sits just above the 3,880-point plateau and it's looking at a soft start on Wednesday.