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US airspace recovers as budget shutdown ends
US airspace recovers as budget shutdown ends

Transportation Secretary Sean Duffy said Thursday that US air travel is recovering after the disruptions caused by the more than month-long government funding shutdown. Flight traffic limits had been set in place as a consequence of the record-long US budget shutdown, which began on October 1 and ended on Wednesday.

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by  AFP

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Serbia avoiding 'confiscation' of Russian shares in oil firm NIS
Serbia avoiding 'confiscation' of Russian shares in oil firm NIS
by  AFP

Serbia's president on Sunday said he wanted to avoid the "confiscation" of Russian shares in Serbian oil company NIS "at all costs", as his country seeks an exit from crippling US sanctions. "I want us to avoid at all costs confiscation, nationalisation or seizure of property...

Samsung plans $310 bn investment to power AI expansion
Samsung plans $310 bn investment to power AI expansion
by  AFP

South Korean conglomerate Samsung unveiled on Sunday a plan to invest $310 billion over the next five years mostly in technology powering artificial intelligence, aiming to meet growing demand driven by a global boom. The investment package announced on Sunday comes after the South Korean government had pledged to triple spending on artificial intelligence next year.

Luxury houses eye India, but barriers remain
Luxury houses eye India, but barriers remain
by  AFP

The globe's biggest luxury brands have dreamt of India's vast consumer base for decades, but navigating the market has proven to be a complex task. - 'Ticks all the boxes' – India's luxury market is still relatively small, but expanding rapidly.

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