Hyundai Motor Group plans hybrid cars for India in strategy shift

Hyundai Motor Group plans hybrid cars for India in strategy shift

Hyundai Motor Group plans to launch its first hybrid cars in India as early as 2026.

Samsung says AI to drive technology demand in second half after strong Q1

Samsung says AI to drive technology demand in second half after strong Q1

Samsung Electronics forecasts strong demand for artificial intelligence and plans to increase supply of high-end chips such as HBM chips for AI applications. Samsung reported a more than 10-fold rise in first-quarter operating profit and aims to capitalize on the AI boom by increasing production of HBM chips. The company also plans to offer high-end SSD products to meet AI server demand.

Warren Buffett’s Talk With Shareholders: Cash Nears $200 Billion While Still High On Apple

Warren Buffett’s Talk With Shareholders: Cash Nears $200 Billion While Still High On Apple

– Berkshire Hathaway’s cash pile is projected to exceed 0 billion this year.
– Despite selling off a significant portion of its shares in Apple, Berkshire still views Apple stock favorably.
– Buffett believes selling Apple stock now could help Berkshire pay larger tax rates in the future.
– Buffett expressed concerns about advancements in artificial intelligence and its potential for harm.
– Berkshire is not anticipating making many significant investments outside the U.S., except in Canada.
– Buffett teased his eventual succession and named Greg Abel as his eventual successor.
– Berkshire reported profits of .7 billion in the first quarter of this year, with operating earnings rising 39%.
– Berkshire’s annual shareholders meeting this year was the first without Charlie Munger, who passed away last year.

Christodoulides stresses , ‘importance of Easter’

Christodoulides stresses , ‘importance of Easter’

President Nikos Christodoulides stressed the importance of Easter and extended his wishes for the wellbeing and success of all Cypriots.

Pierre Poilievre: Memo to corporate Canada – fire your lobbyist. Ignore politicians. Go to the people

Pierre Poilievre: Memo to corporate Canada - fire your lobbyist. Ignore politicians. Go to the people

The text discusses how business leaders are getting closer to high-tax, anti-resource Liberals.

Tyres set on fire under Limassol traffic cameras

Tyres set on fire under Limassol traffic cameras

Fact: Police and fire services in Limassol were on high alert after a number of tyres were set on fire on a main road. Two minors were implicated and taken to a police station, with their parents being notified.

Body armour made from silk is being developed

Body armour made from silk is being developed

Fact: The idea of using silk to make bulletproof vests dates back centuries, with the first proposal made by German polymath Gottfried Wilhelm Leibniz in the 17th century.