NEWS

Sony and Nintendo face rising gaming costs amid chip supply pressure

Sony and Nintendo face rising gaming costs amid chip supply pressure

By Cygnus | 08 May 2026

Sony and Nintendo are navigating rising semiconductor, memory and logistics costs as AI demand reshapes the global gaming hardware supply chain.

DRDO tests TARA precision glide weapon system from IAF Jaguar jet

DRDO tests TARA precision glide weapon system from IAF Jaguar jet

By Axel Miller | 08 May 2026

DRDO and the Indian Air Force successfully tested the indigenous TARA glide weapon system designed to convert conventional bombs into precision-guided munitions.

Indian furniture prices rise as raw material and logistics costs climb

Indian furniture prices rise as raw material and logistics costs climb

By Cygnus | 08 May 2026

Indian furniture makers are facing rising raw material, petrochemical and logistics costs, prompting price increases across home interior categories.

Sony, TSMC partner on next-gen image sensor venture in Japan

Sony, TSMC partner on next-gen image sensor venture in Japan

By Axel Miller | 08 May 2026

Sony Semiconductor Solutions and TSMC are partnering on a next-generation image sensor venture in Japan focused on AI, automotive and industrial technologies.

Tata Power, DGPC cross 5 GW milestone with new Bhutan hydro project

Tata Power, DGPC cross 5 GW milestone with new Bhutan hydro project

By Cygnus | 08 May 2026

Tata Power and Bhutan’s DGPC have expanded their hydropower partnership beyond 5 GW with the addition of the 404 MW Nyera Amari project.

Oil prices rebound as US-Iran clashes reignite Hormuz tensions

Oil prices rebound as US-Iran clashes reignite Hormuz tensions

By Axel Miller | 08 May 2026

Oil prices climbed after renewed US-Iran clashes in the Strait of Hormuz raised supply concerns and added fresh volatility to global energy markets.

Stellantis expands Leapmotor EV partnership with new Spain production plans

Stellantis expands Leapmotor EV partnership with new Spain production plans

By Cygnus | 08 May 2026

Stellantis and Leapmotor are expanding EV manufacturing in Spain, with Zaragoza set to build the Leapmotor B10 and Madrid under consideration for future production.

RBC raises S&P 500 target to 7,900 on AI-driven earnings optimism

RBC raises S&P 500 target to 7,900 on AI-driven earnings optimism

By Axel Miller | 08 May 2026

RBC Capital Markets raised its S&P 500 target to 7,900, citing strong AI infrastructure spending, resilient earnings growth and continued technology sector momentum.

US probes Nvidia chip smuggling via Thailand; Alibaba denies links

US probes Nvidia chip smuggling via Thailand; Alibaba denies links

By Cygnus | 08 May 2026

US authorities are investigating an alleged Nvidia AI chip smuggling network linked to Thailand-based OBON Corp. Alibaba has denied involvement in the reported supply chain.

India’s Agni-6 speculation grows after Bay of Bengal NOTAM alert

India’s Agni-6 speculation grows after Bay of Bengal NOTAM alert

By Axel Miller | 07 May 2026

India has restricted Bay of Bengal airspace until May 9, fueling speculation over a possible Agni-6 missile test. Here’s what is confirmed so far.

Indian sailors recount trauma and debt after Iran conflict evacuation

Indian sailors recount trauma and debt after Iran conflict evacuation

By Cygnus | 07 May 2026

Indian seafarers evacuated from the Gulf describe fear, disrupted voyages, and mounting debt after conflict-related shipping disruptions near the Strait of Hormuz.

BP seeks partners for UK carbon capture hub as Teesside work begins

BP seeks partners for UK carbon capture hub as Teesside work begins

By Axel Miller | 07 May 2026

BP is seeking partners for its UK carbon capture projects after construction began on Net Zero Teesside Power and the Northern Endurance Partnership.

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