Author: Junior Editor

[ad_1] Tech giant Apple plans to invest $1 billion (roughly Rs. 8,500 crore) in a manufacturing plant in Indonesia that produces components for smartphones and other products, Indonesia’s investment minister said on Thursday.In October, Indonesia banned sales of the iPhone 16 because it said Apple had not adhered to rules that require phones sold domestically to have at least 40% locally made parts. And this week, the government said it would increase the local content requirement.Investment minister Rosan Roeslani told reporters that details of the planned investment were still being ironed out, but when asked confirmed it was the expected…

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[ad_1] Traders work on the floor of the New York Stock Exchange during morning trading on November 26, 2024 in New York City.Michael M. Santiago | Getty Images”I think there’s still gas in the tank as we move through December and into 2025,” Tony Pasquariello, global head of hedge fund coverage at Goldman Sachs, said Wednesday on CNBC’s “Closing Bell.” “I still think it is a bull market. I still think the primary trend is higher. If we’re right on growth, if we’re right on the Fed, if we’re right on technology, the raw ingredients would argue for the rally…

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Automechanika Dubai Supports The UAE’s EMobility Goals With a Platform For Innovation And Collaboration The Innovation4Mobility Conference at Automechanika Dubai will highlight the technologies, policies, and partnerships that are accelerating the adoption of electric vehicles (EVs) in the UAE With EVs expected to account for 25% of new vehicle sales in the UAE by 2035, the UAE is expected to achieve its eMobility goals Automechanika Dubai will take place from 10-12 December 2024 at the Dubai World Trade Centre As the UAE accelerates its journey toward sustainable transportation, Automechanika Dubai 2024 plays a vital role in supporting the nation’s electric…

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UFlex’s FlexiTubes to Showcase Sustainable Products for the Beauty Industry at COSMOPROF INDIA 2024 FlexiTubes, the packaging tube division of UFlex— India’s largest multinational flexible packaging and solutions company—will showcase its innovative and sustainable tube offerings tailored for the beauty industry at COSMOPROF INDIA 2024. This leading B2B event focused on the thriving beauty industry is scheduled to take place in Mumbai, India, from December 5-7, 2024. Sustainable and customized tube packaging is rapidly gaining traction in the packaging industry. UFlex’s FlexiTubes has solidified its position as a leader in creating tailored solutions that elevate the consumer experience for the…

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[ad_1] Maharashtra caretaker Chief Minister and Shiv Sena leader Eknath Shinde on Wednesday congratulated Maharashtra Chief Minister designate Devendra Fadnavis on his election as the BJP Legislative Party leader and extended his best wishes at Varsha Bungalow in Mumbai.Eknath Shinde on Wednesday expressed his satisfaction with the two-and-a-half years of the Mahayuti government in Maharashtra, ahead of the swearing-in of Fadnavis as Chief Minister.“I am very happy with the completion of two-and-a-half years. The work done by our government–the Mahayuti government–by the three of us and our team in the last 2.5 years is remarkable. It will be written in…

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[ad_1] NEW DELHI: Engineering exporters have cautioned against imposition of safeguard duty on steel, arguing that it will increase prices in the domestic market and make exports uncompetitive. Steel makers are lobbying hard for protection from imports, arguing that cheap imports from Asean nations, which have a free trade agreement, are hurting the domestic players. Arguing against the proposal, EEPC India chairman Pankaj Chadha said the duty, which can be imposed in emergency situations, was unjustified as it will push up prices by 20-25% as domestic prices are always linked to the landed price. He said that due to freight…

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[ad_1] A trader works on the floor of the New York Stock Exchange.Brendan Mcdermid | ReutersThe S&P 500 and Nasdaq Composite scaled to record highs Wednesday, with tech shares leading the charge following strong reports from Salesforce and Marvell Technology.The broad market index gained 0.6%, while the tech-heavy Nasdaq advanced 1.2%. The Dow Jones Industrial Average traded 328 points higher, or 0.7%.Salesforce climbed 9% after the company posted fiscal third-quarter revenue that beat estimates. Chipmaker Marvell also beat earnings expectations and issued strong fourth-quarter guidance, advancing 24%. The stock was headed for its best daily performance since May 26, 2023.Those…

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[ad_1] An experiment conducted by researchers at the University of British Columbia has revealed the limited potential of mealworms in addressing plastic pollution. The study, published in Biology Letters on December 4, estimated that 100 mealworms would take approximately 138 days, or 4.5 months, to consume a single disposable face mask made from polypropylene. The findings underscore the challenges of relying on insect larvae for large-scale plastic degradation as per various reports.Plastic Pollution and Microplastics: A Growing ConcernThe research focused on microplastics, which are plastic fragments smaller than 5 millimetres and linked to severe health issues such as increased risks…

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[ad_1] Indiana Jones and the Great Circle is set to launch on PC and Xbox Series S/X on December 9. Bethesda’s action-adventure title, which tells an original story inspired by Indiana Jones films, also releases on Game Pass on day one. Days ahead of launch, Bethesda has now shared PC specifications for the game, detailing Minimum, Recommended and Ultra system requirements. The publisher also revealed global release timings for the title and debuted a launch trailer.In a post on its website Tuesday, Bethesda listed the PC system requirements for Indiana Jones and the Great Circle. It is set to be…

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