Author: admin@primenews

Hyundai Motor’s India unit sought regulatory approval on Saturday for a stock market listing in Mumbai, which could be the nation’s biggest and will see the South Korean parent sell a stake of up to 17.5% in the company. The initial public offering (IPO) will make it the country’s first car maker to go public in two decades since Maruti Suzuki in 2003, and would come just as Indian stock markets are trading near record highs. Hyundai counts India as a crucial growth market where it has two manufacturing units and has invested $5 billion, with commitments to pump in another $4 billion…

If you’re worried about how AI will affect your job, the world of copywriters may offer a glimpse of the future. Writer Benjamin Miller – not his real name – was thriving in early 2023. He led a team of more than 60 writers and editors, publishing blog posts and articles to promote a tech company that packages and resells data on everything from real estate to used cars. “It was really engaging work,” Miller says, a chance to flex his creativity and collaborate with experts on a variety of subjects. But one day, Miller’s manager told him about a…

China’s Premier Li Qiang has offered to send Australia two new pandas during his visit to Adelaide Zoo. The new pandas will replace the zoo’s existing pandas, named Wang Wang and Fu Ni, who are “friendly messengers of China-Australia relations,” Mr Li Said. Mr Li’s arrival in Australia on a four-day trip is the first by a Chinese leader in seven years, marking improving ties between the two countries. Both China and Australia will see the visit as central to addressing outstanding trade and consular issues. Mr Li said while Wang Wang and Fu Ni would return to their hometown…

For two days the whir of propellers broke the peace of a Swiss mountainside, all in the cause of peace in Ukraine. The helicopters were carrying world leaders and delegations to a summit called to sketch out a path towards ending Russia’s war on its neighbour. It was Kyiv’s chance to battle the full-scale invasion with full-scale diplomacy, as Volodymyr Zelensky put it, and get as broad support as possible for a peace plan shaped by Ukraine. Ultimately the idea is to present that plan to Russia with such international consensus behind it, Moscow has no alternative but to accept.…

Pixar’s Inside Out 2 has broken box office records over the weekend as it brought in an estimated $295m (£232.6m) around the world. That makes it the strongest global opening by an animated film of all time, parent company Disney said. In North America, ticket sales hit about $155m, dethroning Dune: Part Two as the holder of this year’s top box office opening weekend. It marks a big win for cinemas, which have seen lacklustre box office takings for some new movies this year. Inside Out 2’s first weekend was much stronger than the original movie, which brought in $90m in…

Singapore authorities are scrambling to clean up a major oil spill that has blackened the city-state’s southern coastline, days after a shipping accident. On Friday, a Netherlands-flagged dredging boat crashed into a Singaporean fuel ship moored in the shipping straits off the nation. Authorities said the dredger’s loss of engine power led it to drift into the Singaporean vessel, puncturing its oil tank. At least half the oil in its tank, about 400 tonnes, spilled out, with large quantities washed ashore. “The allision caused a rupture of one of the Marine Honour’s oil cargo tanks, and its contents of low-sulphur…

More people are turning away from news, describing it as depressing, relentless and boring, a global study suggests. Almost four in 10 (39%) people worldwide said they sometimes or often actively avoid the news, compared with 29% in 2017, according to the report by Oxford University’s Reuters Institute. Wars in Ukraine and the Middle East may have contributed to people’s desire to switch off the news, the report’s authors said. It said that news avoidance is now at record high levels. A total of 94,943 adults across 47 countries were surveyed by YouGov in January and February for this year’s Digital…

Shopping habits have not been the same since the Covid pandemic and resulting lockdowns. For many, and particularly younger shoppers, it saw the lines blur between social media and e-commerce. Unable to shop in person, and with TikTok downloads soaring, a trend began that would go on to be described as a cultural phenomenon: #TikTokMadeMeBuyIt. The hashtag, where users post what they’ve bought thanks to recommendations about products on the app, has now been posted more than seven billion times. For Lilia Souri and AJ Pulvirenti who co-host the marketing podcast “Gen Z on Gen Z”, TikTok is winning with…

New US sanctions against Russia have caused an immediate suspension of trading in dollars and euros on the country’s leading financial marketplace, the Moscow Exchange. The exchange, also known as MOEX, and the Russian central bank rushed out statements Wednesday, a public holiday in Russia, within an hour of Washington announcing a new round of sanctions aimed at cutting the flow of money and goods to sustain Moscow’s war in Ukraine. “Due to the introduction of restrictive measures by the United States against the Moscow Exchange Group, exchange trading and settlements of deliverable instruments in US dollars and euros are suspended,” the central bank said. The move means banks,…

An Asian elephant in central Thailand has given birth to a rare set of twins, in what caretakers have described as a miracle. The mother, 36-year-old Chamchuri, was not expected to deliver twins and when she gave birth to a male calf last Friday, staff at the Ayutthaya Elephant Palace and Royal Kraal, had thought the delivery was done. But while cleaning up the first calf and helping it stand on its feet, they heard a loud thud and realised that Chamchuri had given birth to a second calf, a female. The second birth sent the mother into a panic…