Author: Admin
HANOI :Vietnam’s newly established Sun PhuQuoc Airways will initially operate Airbus’s narrow-body aircraft, including the A321neo, it said on Friday.The airline is also in talks with Boeing to purchase wide-body aircraft, including Boeing 787-9 and Boeing 787-10 jets, it said in a statement.
[HO CHI MINH CITY] Vietnamese real estate and hospitality giant Sun Group has launched its leisure-focused airline, Sun PhuQuoc Airways (SPA), with an equity contribution of one trillion dong (S$49.2 million).The amount is part of a total investment of 2.5 trillion dong for the 50-year project. The developer said SPA plans to start ticket sales by October.With an air transport licence issued by Vietnam’s Ministry of Construction, the airline – named after the country’s largest island and tourist hot spot in the south – is set to operate both commercial and charter flights.It will connect Phu Quoc with major cities…
Miners are seen at the Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China July 16, 2011.Stringer | ReutersChina’s dominance of the global rare earths supply chain won’t dwindle easily, even if Beijing decides to approve more export licenses through deals with Europe and the U.S.Three Shenzhen-listed Chinese companies this month said that Beijing approved their exports of magnets with rare earths — metals critical for cars, defense, semiconductors and other industrial products. But another firm, Baotou INST Magnetic New Materials, said last month the export licenses can only be used for one shipment.In Europe, automotive industry groups…
[SEOUL] Airlines cleared out of the airspace over Israel, Iran, Iraq and Jordan on Friday (Jun 13) after Israel launched attacks on targets in Iran, Flightradar24 data showed, with carriers scrambling to divert and cancel flights to keep passengers and crew safe. Proliferating conflict zones around the world are becoming an increasing burden on airline operations and profitability, and more of a safety concern. Six commercial aircraft have been shot down unintentionally and three nearly missed since 2001, according to aviation risk consultancy Osprey Flight Solutions. Israel on Friday said it targeted Iran’s nuclear facilities, ballistic missile factories and military commanders at the…
THE promise of generative artificial intelligence (AI) is speed and scale, but the hidden cost may be analytical distortion. A leaked system prompt from an AI assistant built by US startup firm Anthropic reveals how even well-tuned AI tools can reinforce cognitive and structural biases in investment analysis. For investment leaders exploring AI integration, understanding these risks is no longer optional. Last month, a full 24,000-token system prompt claiming to be for Anthropic’s Claude large language model (LLM) was leaked. Unlike training data, system prompts are a persistent, runtime directive layer, controlling how LLMs like ChatGPT and Claude format, tone, limit,…
Email shows White House withheld aid 90 minutes after Ukraine call – CBS News Watch CBS News A newly released email is refueling the argument over President Trump’s impeachment. The email shows a White House official directed a freeze in military aid to Ukraine about 90 minutes after Mr. Trump’s phone call to Ukraine’s president that led to the House impeachment inquiry. Chip Reid reports. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On
Dip mirrors loss in global equity markets on fears Israel’s strikes on Iran could stoke wider regional conflict [SINGAPORE] Local stocks ended lower on Friday (Jun 13), in line with losses in global markets as tensions in the Middle East led investors to cut their risk exposure ahead of the weekend.Iran sent drones towards Israel, to retaliate against the latter’s airstrikes on its nuclear and military infrastructure. The moves are stoking fears of a wider regional conflict, leading Asian and European stocks to tumble. US index futures also slipped in pre-market trade. The weekend could bring new developments as the…
BERLIN :Deutsche Telekom and Nvidia will join forces to build an industrial artificial intelligence cloud for European manufacturers in Germany, the first of its kind, the companies said on Friday.Implementation of the industrial AI cloud is to take place by 2026 at the latest, they said in a statement.Nvidia CEO Jensen Huang announced the planned site in Germany earlier this week and met with German Chancellor Friedrich Merz on Friday.Nvidia will supply 10,000 chips for the site, while Deutsche Telekom will provide infrastructure and be responsible for data centers, operations, sales, security and AI solutions, the statement said.
More than 1,000 outage reports were lodged on tracking site Downdetector from around 11 am[SINGAPORE] Customers of OCBC experienced difficulties making payments via the bank’s mobile app and Internet banking services on Friday (Jun 13) afternoon, but access was restored by 2.30 pm. More than 1,000 outage reports were lodged on tracking site Downdetector from around 11 am, mostly citing mobile log-in and banking issues. Comments posted in online forum HardwareZone and on the bank’s Facebook page indicated that some customers were having log-in issues on OCBC’s platforms.Checks by The Business Times at 1.39 pm found that the app was…
Tankers depicted in the Strait of Hormuz — a strategically important waterway which separates Iran, Oman and the United Arab Emirates.ATTA KENARE | AFP | Getty ImagesAs tensions surge following Israeli strikes on Iran, fears have resurfaced that the Tehran could retaliate by targeting one of the world’s most vital oil arteries — the Strait of Hormuz. The Strait of Hormuz, which connects the Persian Gulf to the Arabian Sea, sees roughly 20 million barrels per day of oil and oil products pass through, accounting for nearly one-fifth of global oil shipments. Any move to block it would ripple through energy…