Crop insurance on card: Minister
CUMILLA, Mar 18 (BSS): Minister for Food, Fisheries and Livestock and Agriculture Mohammad Amin Ur Rashid said the government has taken initiatives to introduce Crop Insurance to protect farmers' from natural disasters."If crops are damaged due to floods or natural disasters, farmers will be compensated through insurance to mitigate financial...
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Japan, S Korea petrochemical industry slows output on Iran war
TOKYO, Mar 18 (AFP): The Middle East war is forcing petrochemical giants in two key Asian economies to cut production as the conflict rattles supplies of a crucial oil-derived component used to make a range of plastic goods.The scarcity of naphtha-a liquid distilled from petroleum that is essential for making...
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Asian container shipping firms see business shift as war lifts freight rates
RIYADH, Mar 18 (Arab News): Profits of container shipping companies in China and Taiwan reflect how the sector is dealing with global disruptions, at a time when the war on Iran is dampening hopes of reopening the Red Sea and driving freight rates up, providing a welcome breather after a...
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China tech giant Tencent bets on AI agents
BEIJING, Mar 18 (AFP): Tencent wants to bring artificial intelligence agents into its WeChat social media app, the Chinese tech firm's president said on Wednesday, a move that could change how hundreds of millions of users interact with the platform in the Asian nation and beyond.Agents-programmes that execute real-life tasks...
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Microsoft considers legal action over $50b Amazon-OpenAI cloud deal
NEW YORK, Mar 18 (Reuters): Microsoft is considering legal action against its partner OpenAI and Amazon over a $50 billion deal that could violate its exclusive cloud agreement with the ChatGPT maker, the Financial Times reported on Wednesday.Last month, Amazon and OpenAI signed several agreements, including one that makes Amazon...
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Samsung, AMD sign MoU on AI memory
SEOUL, Mar 18 (Reuters): Samsung Electronics and Advanced Micro Devices signed a memorandum of understanding to expand their strategic partnership on memory chip supplies for artificial intelligence infrastructure, the companies said on Wednesday.The agreement will focus on supplying Samsung's next-generation high-bandwidth memory (HBM4) for AMD's upcoming Instinct MI455X AI accelerators,...
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