Business

    Gold prices edged higher on Thursday as a softer U.S. dollar supported bullion before fresh U.S. inflation data. Spot gold rose 0.3% to $4,414.28 an ounce by 0419 GMT. U.S. gold futures for December delivery slipped 0.1% to $4,457.20. The

    The Panama Canal may reduce daily ship traffic to about 29 vessels in February or March 2027 if drought conditions continue, its new administrator said. Ilya Espino de Marotta took office on Sept. 7 and raised the possibility as El

    German automotive manufacturer Volkswagen AG agreed on Monday to sell its Osnabrück assembly plant to Israeli private equity firm Aurelius Capital and the German state of Lower Saxony. Under the preliminary agreement, the new owners will convert the vehicle manufacturing

    Egypt’s net international reserves rose to a record $57.2145 billion at the end of August 2026. The Central Bank of Egypt released the provisional figure on September 7. Reserves stood at $56.2939 billion at the end of July. That means

    South Korea and African partner nations will launch a major economic cooperation framework focused on artificial intelligence and technology-driven development at the 8th Korea-Africa Economic Cooperation Ministerial Conference in Seoul. The upcoming ministerial gathering marks the 20th anniversary of the

    South Korea’s consumer prices rose 3.1% in August from a year earlier, official data showed. The increase accelerated from 2.8% in July and returned headline inflation above 3%. The consumer price index reached 120.05, with 2020 set as the base

    The Republic of Korea’s outbound shipments surged 68.7% year-on-year in August to reach $98.25 billion, driven by sustained global demand for high-performance memory chips and artificial intelligence infrastructure. Data released by the Ministry of Trade, Industry and Resources confirmed that

    Health

    – The World Health Organization has set a target for countries to identify and understand new health threats within 24 hours by 2030. WHO placed the goal at the center of a new five-year strategy for its Hub for Pandemic

    Technology

    EuroWire, LEIPZIG: BMW Group has launched a pilot project using humanoid robots in production at its Plant Leipzig, marking the company’s first deployment of humanoid robotics on a factory floor in Germany. BMW announced the project on Feb. 27 and provided additional

    CUPERTINO: Apple on Tuesday introduced updated 14-inch and 16-inch MacBook Pro models powered by its new M5 Pro and M5 Max chips, positioning the laptops for professional workflows and expanded on-device artificial intelligence. Apple said the systems add faster storage, updated wireless

    CUPERTINO: Apple on March 2 introduced the iPhone 17e, a lower-priced model in its iPhone 17 lineup that starts at $599 with 256GB of storage and is also offered with 512GB for $799. The company said the phone will be sold in

    NEW DELHI: Samsung India said its flagship Galaxy S26 smartphone series is available for pre-order in India from Feb. 25, led by the Galaxy S26 Ultra alongside the Galaxy S26+ and Galaxy S26. The company billed the lineup as its most advanced

    NEW DELHI: Prime Minister Shri Narendra Modi on Thursday called for a human centric global artificial intelligence ecosystem and urged governments and companies to build safeguards that keep AI transparent, accountable and aligned with human values. Speaking at the Leaders’ Plenary Session of

    NEW DELHI: Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, arrived in New Delhi on Wednesday on behalf of UAE President Sheikh Mohamed bin Zayed Al Nahyan to participate in the India AI Impact Summit 2026, which

    SAN FRANCISCO: Google has launched an official YouTube app for Apple Vision Pro, making “YouTube for visionOS” available as a free download in the visionOS App Store. The release brings a native YouTube viewing experience to Apple’s mixed reality headset, with the

    SEOUL: Samsung Electronics said it is on track to begin delivering its next-generation HBM4 high-bandwidth memory products in the first quarter of 2026. The company said the HBM4 lineup will include products with 11.7 gigabits-per-second performance, as it expands sales of memory