The magical art of Olivier Redon Look at the Coca-Cola can in the main image. It is not a can, but an optical illusion – a trick of perspective. Can you work out what is going on? Continue reading...
The magical art of Olivier Redon Look at the Coca-Cola can in the main image. It is not a can, but an optical illusion – a trick of perspective. Can you work out what is going on? Continue reading...
Indian carriers are emerging as the hardest hit outside the Middle East, as airspace closures across the region amid an escalating conflict force widespread cancellations and diversions. Airlines in India canceled more than 350 flights on Sunday as congestion at airports mounted with diverted traffic, people familiar with the matter said. Disruptions are expected to continue into Monday, marking a...
Indian carriers are emerging as the hardest hit outside the Middle East, as airspace closures across the region amid an escalating conflict force widespread cancellations and diversions. Airlines in India canceled more than 350 flights on Sunday as congestion at airports mounted with diverted traffic, people familiar with the matter said. Disruptions are expected to continue into Monday, marking a third consecutive day of cancellations, they said, asking not to be identified citing rules. Air India Ltd . announced on X that flights to the US east coast — John F. Kennedy International, and Newark International airports — would operate with technical stops in Rome, but services to Birmingham, Zurich and Copenhagen were canceled. IndiGo, India’s largest carrier, said it was suspending select international flights using Middle Eastern airspace through March 2, and canceled services to London, Manchester, Amsterdam and Copenhagen. The strain on Indian carriers is compounded by the fact that they have already been unable to use Pakistani airspace since the middle of last year after a brief conflict. While rerouting over Iran added more than two and a half hours to flight times for the US, people familiar said that alternative paths skirting the entire Middle East would take even longer. That would pile deeper operational and financial pressure on Indian carriers, compared to their European and North American counterparts, who retain some corridors via Turkey and Egypt. Airlines from the South Asian nation have a significant exposure to the Middle East, as the region is home to a large Indian diaspora and serves as a hub for onward connections to Europe and North America. SpiceJet Ltd. ’s entire international schedule for March is exposed to the Middle East, while Air India Express has 60% exposure and IndiGo 41%, Bloomberg Intelligence said in a note Monday. Air India’s full-service operations have a lower exposure at 8%, it added. Some domestic services were also impacte...
A wave of new rare-earth supply this decade won’t be enough to meet rising global demand, setting the stage for shortages and stronger pricing power for dominant supplier China and the handful of producers outside the Asian nation, according to a report from Bloomberg Intelligence . Governments around the world are pushing to loosen Beijing ’s dominance over rare-earth minerals needed for magnets ...
A wave of new rare-earth supply this decade won’t be enough to meet rising global demand, setting the stage for shortages and stronger pricing power for dominant supplier China and the handful of producers outside the Asian nation, according to a report from Bloomberg Intelligence . Governments around the world are pushing to loosen Beijing ’s dominance over rare-earth minerals needed for magnets used in vehicles, consumer electronics and defense technology. But even with billions of dollars in public funding for non-Chinese miners, supply deficits for the critical materials are still on the horizon, BI said. The report, published Monday, expects demand for key rare earth elements to climb about 7% annually through 2030, fueled by growth in electric-vehicle motors, consumer electronics and military uses. Output from non-Chinese producers, meanwhile, is projected to more than quadruple. Those producers, such as MP Materials Corp. and Lynas Rare Earths Ltd. , are likely to ramp up output thanks to a raft of public funding from governments including the Trump administration , according to the report. Still, “shortages will persist even as public and private rare-earth producers are poised to attract public funding worth $10 billion in 2026 alone via government capital injections, improved mine economics and fast-tracked permitting,” analysts Jack Baxter and Richard Bourke wrote. The report predicts that China’s dominance over the rare earths industry will slip by 2030. The country’s market share of neodymium-praseodymium, or NdPr — a crucial rare earth element used in heavy-duty magnets — is expected to drop by 21 percentage points. BI said growth outside China, which is forecast to lift NdPr supply by 41% by 2030, will be largely driven by mining operations in North America and Australia, such as assets owned by MP Materials and Lynas. Still, the report notes that much of the new non-Chinese output is already committed, limiting flexibility in the market and reinforci...
Wang Yi. Photo: IC photo China and Russia united on Sunday to condemn recent U.S. and Israeli military strikes on Iran, with Beijing’s top diplomat characterizing the targeted killing of an Iranian leader as an “unacceptable” violation of international norms, according to a statement released by the Chinese foreign ministry. The rebuke came during a phone call between Chinese Foreign Minister Wang...
Wang Yi. Photo: IC photo China and Russia united on Sunday to condemn recent U.S. and Israeli military strikes on Iran, with Beijing’s top diplomat characterizing the targeted killing of an Iranian leader as an “unacceptable” violation of international norms, according to a statement released by the Chinese foreign ministry. The rebuke came during a phone call between Chinese Foreign Minister Wang Yi and his Russian counterpart, Sergei Lavrov. The discussion followed an emergency meeting of the United Nations Security Council held a day earlier regarding the escalating crisis.
Mobile company Vodafone said on Monday it had signed a deal with Amazon Leo, the U.S. company's low Earth orbit satellite network, to connect 4G and 5G mobile masts in remote areas in Europe and Africa. Amazon Leo will offer connections of up to 1 Gbps for download and 400 Mbps for upload to link Vodafone's network to masts in hard-to-reach locations, saving the expense of installing fibre, ...
Mobile company Vodafone said on Monday it had signed a deal with Amazon Leo, the U.S. company's low Earth orbit satellite network, to connect 4G and 5G mobile masts in remote areas in Europe and Africa. Amazon Leo will offer connections of up to 1 Gbps for download and 400 Mbps for upload to link Vodafone's network to masts in hard-to-reach locations, saving the expense of installing fibre, Vodafone said. Vodafone will start using Amazon Leo to connect mobile base stations in Germany and other European countries this year before progressively rolling it out across Africa through its subsidiary Vodacom, it said.