Mobiles to appliances: Samsung set for AI play

LAS VEGAS: With artificial intelligence the dominant theme of the world’s largest consumer electronics show, CES 2026 , Samsung Electronics unveiled its ‘Companion to AI living’ vision at The First Look, its preview event.“Samsung is building a more unified, more personal experience across mobile, visual display, home appliances and services,” said T M Roh, CEO…

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Trump blocks defence dividends and buybacks; executive pay capped at $5 million; stocks tumble

US President Donald Trump vowed to block defence contractors from paying dividends or buying back shares until they accelerate the production of military equipment. The announcement was made on Truth Social on Wednesday and sent defence stocks tumbling. It signals a rare direct intervention in the US military-industrial sector. He claimed that US produces the…

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‘People live in homes, not corporations’: Trump to ban large investors from buying single‑family homes in US

US President Donald Trump announced on Truth Social that he is taking steps to ban large institutional investors from buying single‑family homes in US. The MAGA chief said he will also ask Congress to codify the measure and plans to discuss broader housing and affordability proposals during his upcoming speech at the World Economic Forum…

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IndiGo disruptions: CCI seeks details from airline, DGCA; probe on dominant position underway

The Competition Commission of India (CCI) has sought information from IndiGo and aviation regulator DGCA to assess whether the country’s largest airline indulged in unfair business practices following widespread flight cancellations last month, PTI reported citing sources.In early December, IndiGo, which commands over 63% share of the domestic aviation market, faced major operational disruptions that…

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Anil Agarwal’s son dies in US

Agnivesh Agarwal, the eldest son of mining billionaire Anil Agarwal, passed away in the US. He was 49.Agnivesh, who was on the board of Vedanta group firm Talwandi Sabo Power Limited (TSPL), was recovering from an undisclosed illness at the time of his death.Anil Agarwal has two children: his late son, Agnivesh, and a daughter,…

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US jobs data: Job openings slide to near five-year low; hiring stays sluggish despite solid growth

US employers posted significantly fewer job openings in November, signalling that hiring remains subdued even as economic growth has picked up, according to data released by the Labor Department. Businesses and government agencies reported 7.1 million open jobs at the end of November, down from 7.4 million in October. While hiring remained weak, layoffs also…

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Warner Bros-Netflix deal: Company rejects Paramount takeover bid; backs $72-bn Netflix deal for studio and streaming business

Warner Bros. Discovery has once again turned down a takeover offer from Paramount, telling shareholders that the rival bid does not serve their interests and reiterating its recommendation to support a proposed $72 billion transaction with Netflix.In a statement on Wednesday, the company said its board had reviewed Paramount’s latest proposal and concluded that it…

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MF outreach push: Sebi extends deadline for distributor incentives; rollout now from March 1

Markets regulator Sebi has extended the timeline for implementing an additional incentive structure for mutual fund distributors to March 1, allowing more time for asset management companies to put systems in place, according to a circular issued on Wednesday.The revised framework, aimed at encouraging onboarding of new individual investors from B-30 cities and new women…

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