Regulators in India Rejects Pharma Industry Pleas for More Time India’s drug regulator has directed all pharmaceutical manufacturers to fully comply with international quality standards by January, rejecting appeals from smaller companies for additional time. The decision follows renewed public concern after contaminated cough syrup was linked to 24 child deaths in central India since September. The Central Drugs Standard Control Organisation (CDSCO) issued a notice on Friday instructing state regulators to begin immediate inspections of all manufacturing units. The order enforces compliance with World Health Organization (WHO) standards under “Schedule M,” which requires stringent measures to prevent cross-contamination and…
Author: StratNewsGlobal Tech Team
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Ecuador Secures $300 Million IDB Loan to Boost Electricity Network Ecuador has received approval for a $300 million loan from the Inter-American Development Bank (IDB) to enhance its electrical system, according to the country’s Finance Ministry. The funds will strengthen energy infrastructure, promote renewable power, and expand access in remote areas. IDB Support for Sustainable Growth The investment forms part of the IDB Group’s Amazonia Siempre initiative, which promotes sustainable development, forest conservation, and better living conditions in the Amazon region. The package includes $270 million from the IDB’s Ordinary Capital, with a 22.5-year repayment term and an eight-year grace…
Uber and WeRide Launch Driverless Robotaxis in Abu Dhabi Uber Technologies has launched driverless robotaxi services in Abu Dhabi in collaboration with Chinese autonomous-driving company WeRide, marking the first time Uber has operated fully driverless vehicles outside the US. Abu Dhabi Becomes First Global Market for Uber’s Robotaxis The rollout, announced on Wednesday, follows a partnership the two companies revealed last year. Passengers in Abu Dhabi booking an UberX or Uber Comfort ride may now be matched with a WeRide robotaxi, according to Uber. This launch represents a significant milestone for the ride-hailing company as it extends its autonomous operations…
Power-Hungry Data Centres Are Heating Nordic Homes Across Finland and Sweden, a quiet energy revolution is underway. Once criticised for their huge electricity consumption, data centres are now helping to warm homes through innovative waste heat recovery systems. By linking computer server facilities to district heating networks, the Nordic region is finding new ways to balance digital growth with climate goals. Turning Digital Heat into Home Warmth In the Finnish town of Mäntsälä, engineer Ari Kurvi benefits from a 75-megawatt data centre just five kilometres from his home. The facility, which processes enormous amounts of digital data, transfers its excess…
Rheinmetall Takes ‘Significant’ Stake in U.S. Drone Software Firm Auterion to Strengthen Defence Collaboration Auterion CEO Lorenz Meier said that having German defence group Rheinmetall as a “significant” shareholder will help the U.S.-based drone software company expand its order book and strengthen its position in the defence technology market. He emphasised that the investment does not signal a takeover. Rheinmetall’s investment, announced earlier this week, builds on an existing partnership between the two firms. Auterion already supplies software for some of Rheinmetall’s drones. Meier told Reuters that the direct stake would “further deepen collaboration” and open the door to new…
Chinese EVs Drive Latin America’s Electric Boom When Peruvian entrepreneur Luis Zwiebach set out to buy an electric car in 2019, he had to travel nearly 4,000 miles to California to test-drive a Tesla Model 3. At the time, Tesla had no official presence in Peru, and strict import rules made buying one a challenge. Undeterred, Zwiebach tracked down a used Tesla imported by another buyer — and purchased it. Charging it, however, proved difficult. At a friend’s beach house outside Lima, the car refused to charge due to a lack of grounding. “We grabbed a fork, stuck it into…
NASA Chief and Elon Musk Clash Over Future of US Space Leadership Acting NASA chief Sean Duffy and billionaire Elon Musk exchanged sharp remarks online on Tuesday over who should lead the US space agency. The dispute came a day after Duffy said NASA would invite more companies to compete with Musk’s SpaceX for a future moon landing mission. Online Spat Over NASA’s Direction The disagreement became public when Musk responded to reports suggesting Duffy wanted to move NASA under the Transportation Department, which Duffy currently heads. On social media platform X, Musk posted, “The person responsible for America’s space…
China Tightens Rare Earth Export Controls Ahead of Trump-Xi Summit China announced new restrictions on Thursday that tighten its export controls on rare earth materials, targeting overseas defence companies and advanced semiconductor manufacturers. The move adds five rare earth elements to its export control list and imposes new licensing rules on foreign users of Chinese materials and equipment. Expanded Controls on Rare Earths and Technology The Ministry of Commerce said the latest measures aim to regulate the export of critical resources and technologies. In addition to the new restrictions, dozens of pieces of mining and refining equipment have been added…
Tesla Unveils Lower-Priced Model Y in Bid to Reignite Sales and Market Share Tesla has launched a more affordable version of its best-selling Model Y SUV, starting at $39,990 in the United States, as the electric vehicle maker works to counter slowing sales and intensifying global competition. A Push Toward Affordability The lower-priced Model Y represents Tesla’s latest effort to make its vehicles more accessible. Chief Executive Elon Musk has long promised mass-market electric cars, though he scrapped plans last year for an all-new $25,000 model, as first reported by Reuters. “The desire to buy the car is very high…
Zhipu AI CEO: Artificial Superintelligence Could Surpass Humans in Some Areas by 2030 Artificial superintelligence (ASI) may become a reality as early as 2030, but its superiority over humans is likely to remain limited to specific areas, according to the head of one of China’s leading AI startups. The timeline for ASI remains a subject of debate within the industry. OpenAI CEO Sam Altman recently suggested it could arrive by the end of the decade, while SoftBank CEO Masayoshi Son predicted it might appear by 2035. A Complex and Unclear Concept Zhang Peng, CEO of Zhipu AI, said on Tuesday…