India's landmark tax ruling on investments via Mauritius rattles global investors
WorldOver decades, foreign investors have poured $180 billion into India via the tax haven of Mauritius. Now, an Indian court ruling is spooking investors as it could potentially reshape the M&A and investment landscape by strengthening New Delhi's hand against tax evasion.
New map reveals hidden landscape under Antarctica's ice sheet
WorldWASHINGTON -- Scientists have devised the most detailed map to date of the terrain hidden below the vast ice sheet blanketing Antarctica, uncovering an exuberant landscape of mountains, canyons, valleys and plains while discerning for the first time tens of thousands of hills and other smaller features.
Colombia to launch $1.7 billion anti-drone shield
WorldColombia on Friday launched a $1.68 billion project to develop a so-called anti-drone shield to protect the country from attacks by unmanned drones operated by illegal armed groups, the defense minister said.
Global sports face challenges from 'AI slop' misinformation
WorldA study by AI risk management platform Alethea into the surge in artificial intelligence-generated fake content, dubbed "AI slop," has warned sports teams, leagues and fans of the risks posed by increasingly sophisticated digital misinformation.
Japan, ASEAN agree to cooperate on AI development
WorldHANOI -- Japan and the Association of Southeast Asian Nations have agreed to work together on developing new artificial intelligence models and preparing related laws.
Anime therapy trial launched in Japan
WorldYOKOHAMA -- A Japanese research team has launched a trial of 'anime therapy,' a method in which animated characters provide counseling to young people facing social challenges.
Brazil shuts down Sigma Lithium waste piles over safety concerns
WorldBrazil's Labor Ministry has shut down three waste piles at Sigma Lithium's flagship mine in the state of Minas Gerais, citing a "grave and imminent" risk to workers and the local community, according to documents seen by Reuters.
South Korea's ex-president Yoon given 5-year jail term in first ruling over martial law
WorldSEOUL -- A South Korean court on Friday sentenced former President Yoon Suk Yeol to five years in prison on charges that included obstructing attempts by authorities to arrest him following his failed bid to impose martial law in December 2024.
Social media sites block 4.7 million underage accounts in Australia
WorldSYDNEY -- Tech giants have blocked 4.7 million accounts under Australia's world-first social media ban for under-16s, the country's online safety watchdog said Friday.
Amazon launches new Europe-based cloud service to address user concerns
WorldFRANKFURT -- Amazon's (AMZN.O) AWS launched a new cloud service located entirely in Europe on Thursday, addressing user concerns about the data security delivered by mainly U.S.-based providers by offering the continent's own independent alternative.