Author: Admin
[JAKARTA] Indonesia’s new finance minister Purbaya Yudhi Sadewa vowed to maintain fiscal discipline even as he hinted he’d allow more state spending than his predecessor.“I ask the Ministry of Finance to work with me so that fiscal policy can be a strong instrument to encourage economic growth,” he said at a ceremony with outgoing finance minister Sri Mulyani Indrawati in Jakarta on Tuesday (Sep 9). “We maintain the principle of fiscal discipline, so that the national budget remains healthy and credible to support the national agenda.”President Prabowo Subianto abruptly replaced Indrawati as finance minister on Monday afternoon, a move that…
DUBAI, United Arab Emirates — A ship likely cut cables in the Red Sea that disrupted internet access in Africa, Asia and the Middle East, experts said Tuesday, showing the lines’ vulnerability over a year after another incident severed them. The International Cable Protection Committee told The Associated Press that 15 submarine cables pass through the narrow Bab el-Mandeb Strait, the southern mouth of the Red Sea that separates East Africa from the Arabian Peninsula. Over the weekend, authorities in multiple countries identified the cables affected as the South East Asia–Middle East–Western Europe 4, the India-Middle East-Western Europe and the…
Caitlin Clark expects to play Wednesday when the Indiana Fever host the Golden State Valkyries. The All-Star captain has missed the past five games with a left groin injury. Clark participated in practice Monday, which was open to season ticket holders, playing in a 5-on-5 scrimmage. It was the first time she’d done that since getting hurt on June 26. Barring any setbacks, Clark will be available to play Wednesday.”It’s nice to get back out there and get back into the flow of playing with my teammates again,” Clark told reporters after practice Tuesday. “It’s going to be fun to get…
As no-confidence votes fuel the bloc’s market anxiety, Ursula von der Leyen’s agenda is at riskEUROPEAN Commission President Ursula von der Leyen is less than a year into her second term in Brussels. Yet she has already run into significant trouble as she prepares to make the State of the Union speech on Wednesday (Sep 10), which will set the agenda for the European Union’s 450 million people, as economic storm clouds gather.This is not just important for the future of Europe, but also the rest of the world, as the EU remains an economic superpower. The bloc is the…
Plans to save ice in the polar regions and “repair” the climate using technology are a “flawed” distraction from the urgent need to reduce greenhouse gases, according to a new scientific assessment.The review of proposals to reflect sunlight or use barriers to keep warm sea water at bay concludes they are too expensive, hard to scale up and may do more harm than good. But the report has reopened the controversy over so-called geoengineering.The Arctic is warming at least three times faster than the rest of the planet, raising sea levels and increasing the risks of extreme weather in Europe.And…
CLEVELAND — Christoph von Dohnányi, a conductor acclaimed for performances as music director of the Cleveland Orchestra from 1984 to 2002, has died at age 95.Dohnányi died in Munich on Saturday, the Cleveland Orchestra said in a statement Monday.“A grand seigneur among the great international conductors to whom the Salzburg Festival owes its world reputation,” Salzburg Festival artistic director Markus Hinterhäuser said in statement.Dohnányi was most known for his time in Cleveland, helping burnish an orchestra led by George Szell from 1946 to 1970 and Lorin Maazel from 1972 to 1982. “It’s an ensemble of musicians who come somehow from…
Nebius Group’s shares soared nearly 50 per cent to $95.7 on Tuesday as investors cheered its $17.4-billion deal supplying AI infrastructure to Microsoft over a five-year period.The partnership comes amid an unprecedented surge in demand for artificial-intelligence data centers, as businesses accelerate the race to build more advanced generative AI technologies.The stock, which has more than doubled this year, rose 49.5 per cent in premarket trading, while shares of rival CoreWeave were up 6.3 per cent. Nebius is set to add around $7.7 billion to its $15.3-billion market capitalization, if gains hold. “We continue to believe that Nebius is well…
This means the Chinese e-commerce giant is no longer a substantial shareholder of the national postal service provider[SINGAPORE] Alibaba Investment, a subsidiary of Chinese e-commerce giant Alibaba Group, sold off 151.3 million shares in Singapore Post (SingPost) for S$64.4 million on Tuesday (Sep 9).The transaction lowers its stake in the national postal service provider to 4.61 per cent, from 11.33 per cent, and trims its shareholding to 103.9 million shares. It previously held 255.1 million shares, according to a bourse filing. By falling below the 5 per cent ownership threshold, both Alibaba Investment and Alibaba Group are no longer considered…
CBS Saturday Morning’s AI music creation, named Sadie Winters, took a matter of minutes to create on platforms available to the public. Her song, “Walking Away,” has now taken off.
Company to Participate in a Fireside Chat at the Morgan Stanley 23rd Annual Global Healthcare Conference Today at 8:30 a.m. ET GRAND RAPIDS, Mich., Sept. 9, 2025 /PRNewswire/ — Shoulder Innovations, Inc. (Shoulder Innovations, or the company) (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today reported financial results for the second quarter ended June 30, 2025. Recent Business Highlights Increased net revenue 33% year-over-year to $11.0 million in the second quarter of 2025, in-line with the range provided in the company’s Registration Statement Achieved gross margin of 76.2% in the second…