Saudi oil exports hit multi year high ahead of gulf supply disruption

Crude exports from Saudi Arabia rose to 7.276 million barrels per day in February, up from 6.993 million in January, reaching their highest level in several years. The increase of 283,000 barrels per day reflects a steady ramp up in output as the kingdom positioned itself amid rising geopolitical tensions in the Gulf before major supply disruptions......

Openai expands enterprise push as cognizant joins codex rollout partners

OpenAI is expanding its enterprise strategy by adding Cognizant to a growing network of consulting partners tasked with deploying its AI coding agent Codex across large organizations. The move reflects a broader effort to accelerate adoption of AI tools in business environments as the company sharpens its focus on enterprise clients. The......

Banks urge buying gold dips as volatility tests investor confidence

HSBC and OCBC are advising investors to use recent price swings in gold to build positions, arguing that structural drivers remain supportive despite heightened volatility. Strategists at both institutions point to a weaker US dollar and persistent fiscal risks as key forces underpinning the precious metal over the medium and long term. Gold......

Countries roll out emergency measures as iran war fuels energy crisis

Governments across dozens of countries are deploying emergency policies to shield households and businesses from a widening energy crisis triggered by the war involving the United States, Israel, and Iran. The disruption has been amplified by the closure of the Strait of Hormuz, which has removed roughly one fifth of global oil and liquefied......

Grimes announces psy opera album featuring lyrics co written by ai

Grimes has revealed details of her upcoming album Psy Opera, marking her return to music after several years away from the industry. The project follows her 2020 release Miss Anthropocene and introduces a rare collaboration with artificial intelligence, though the artist insists the technology played only a limited role in the creative process. In......

Asia pacific stocks hit records on ai chip demand and iran talks hopes

Asia-Pacific and emerging market equities surged on Tuesday, with several benchmark indices reaching new highs as strong demand for artificial intelligence semiconductors combined with cautious optimism over renewed diplomatic engagement between the United States and Iran. The rally restored investor confidence after weeks of volatility tied......

Asian crude imports fall as hormuz disruption nears eighth week

Crude imports across Asia are declining as the closure of the Strait of Hormuz approaches its eighth week, exposing the limits of alternative supply routes. Major importers including China, India, South Korea and Japan are struggling to replace Middle Eastern crude that previously moved through the corridor, which typically carries around......

IEA chief warns Iran war has triggered worst energy crisis in history

Fatih Birol said the conflict involving Iran and a coalition led by the United States and Israel has created the most severe global energy crisis on record, surpassing both the oil shocks of the 1970s and disruptions linked to the war in Ukraine. Speaking publicly on Tuesday, he said the combined impact of oil and gas disruptions has pushed......

Neura robotics partners with aws to scale cognitive robots globally

NEURA Robotics and Amazon Web Services have announced a strategic partnership to accelerate the development and deployment of physical artificial intelligence, combining NEURA’s cognitive robotics platform with AWS cloud and AI infrastructure. The agreement, unveiled on April 21 at NEURA’s headquarters in Metzingen, aims to address......

Google builds four partner chip supply chain to rival Nvidia

Alphabet is assembling a diversified custom chip supply chain involving four design partners as it seeks to reduce reliance on Nvidia and strengthen its position in artificial intelligence infrastructure. The effort spans current inference chips to future processors based on 2-nanometer manufacturing expected by late 2027, with production......

US stock futures climb as AI optimism tempers Middle East concerns

US stock index futures moved higher on Tuesday as renewed optimism around artificial intelligence helped offset investor concerns linked to ongoing geopolitical tensions in the Middle East. Market sentiment was supported by strong signals from major technology players, reinforcing expectations that AI-driven innovation will continue to fuel......

Curiosity rover finds organic molecules tied to life’s origins on Mars

NASA said its Curiosity rover has detected more than 20 organic molecules in Martian clay-rich rocks, including compounds never before observed on the planet. The findings, published on April 21 in Nature Communications, add new evidence to the long-running search for signs of ancient life beyond Earth. The discovery comes from a carefully......

Apple names john ternus as ceo to succeed tim cook

Apple announced that John Ternus will become chief executive officer on September 1, replacing Tim Cook, who will transition to executive chairman of the board. The decision, approved unanimously by the board, ends months of succession speculation and marks only the third leadership transition in the company’s five-decade history. Cook......

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