Day: March 10, 2026

The U.S. State Department said on Tuesday that it had approved the potential sale of M142 High Mobility Artillery Rocket Systems and related equipment to Sweden, News.Az reports, citing CNN.
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The principal contractor will be Lockheed Martin.

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A shallow 4.0-magnitude earthquake shook the area near Capitol Reef National Park Monday night, but no injuries or damage were reported.
The earthquake occurred about 1.5 miles beneath the surface, just east of Capitol Reef’s boundaries and nearly 20 miles northeast of Torrey, shortly after 10:30 p.m., according to the U.S. Geological Survey, News.Az reports, citing foreign media.
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People reported feeling it throughout Wayne County and in many neighboring counties.
Earthquake risk in the region is relatively low, and Monday’s quake was near the stronger end of the typical earthquakes that affect the region, the agency noted in a summary of the tectonic region.
Federal geologists wrote that many of the earthquakes in the western Colorado Plateau are related to underground coal mining or other oil and mining activities. It wasn’t immediately clear if that was the case on Monday.

They add that there’s about a 19% probability for a 3.0-magnitude or higher aftershock within the next week

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The brokerage cut its price target to €70 and said the company’s recent share price decline reflects a weaker growth outlook rather than an attractive entry point, News.Az reports, citing Reuters.
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“With the path to recovery of the brand uncertain and risk of further margin attrition, we view Beiersdorf’s derating as indicative of a lower growth trajectory rather than an attractive entry point,” analysts at RBC said.
RBC said the consumer goods company has outlined plans to revive Nivea through increased research spending, product launches and a push into higher-priced facial care products. However, the analysts said the strategy risks complicating the brand’s price positioning.
They added that stronger competition and the need for higher marketing spending to support new products could pressure margins.
The brokerage lowered its growth and profit forecasts for the company’s consumer segment, estimating operating profit in the division could come in 6% to 9% below broader market expectations over the next three years.
RBC said the company’s shares have already fallen sharply this year, making it the worst performer in its coverage universe and lagging the sector by about 15% to 16%.
While the stock now trades below historical valuation levels, the brokerage said the discount is justified by a weaker growth trajectory and uncertainty over how long it will take the company to restore momentum in its core brand.

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In recent years, India has emerged as one of the most important centers of artificial intelligence development and deployment. With a massive digital population, a rapidly expanding technology sector and a large pool of software engineers, the country is positioning itself as a major player in the global AI race, News.Az reports.
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India’s artificial intelligence revolution is not limited to research laboratories or major technology firms. AI is increasingly integrated into everyday sectors such as finance, healthcare, agriculture, education and governance. Government initiatives, startup innovation and large scale digital infrastructure are combining to accelerate adoption of advanced technologies across the country.
As a result, analysts increasingly describe India as one of the fastest growing artificial intelligence ecosystems in the world. But what exactly is driving this transformation, and how significant could it become?
The following FAQ style explainer examines the key forces behind India’s AI revolution and what it could mean for the future of technology.
What is meant by India’s AI revolution?
India’s AI revolution refers to the rapid expansion of artificial intelligence research, development and deployment across the country’s economy.
Artificial intelligence involves the creation of computer systems capable of performing tasks that normally require human intelligence, such as language understanding, image recognition, predictive analysis and decision making.
In India, AI technologies are increasingly used in sectors such as banking, transportation, agriculture, healthcare and digital commerce. Companies are developing machine learning models, automation tools and data driven platforms that improve efficiency and productivity.
This growing ecosystem of research institutions, startups, global technology companies and government initiatives is collectively described as India’s AI revolution.
Why is India investing heavily in artificial intelligence?
Artificial intelligence is widely viewed as one of the most important technologies of the twenty first century.
Countries that successfully develop strong AI capabilities can gain advantages in economic productivity, industrial competitiveness and national security. For India, AI also offers opportunities to address major social and economic challenges.
For example, artificial intelligence can help improve healthcare diagnostics, optimize crop yields, manage traffic congestion and enhance financial inclusion.
Recognizing this potential, policymakers have identified AI as a strategic priority for the country’s technological and economic development.
When did India begin focusing seriously on AI development?
Although research in artificial intelligence existed earlier, India’s focused push toward AI began in the late twenty tens.
Government agencies, academic institutions and technology companies started launching dedicated AI research programs and innovation initiatives.
National strategies emphasized the importance of developing domestic expertise in machine learning, robotics and data science.
At the same time, the rapid expansion of digital infrastructure created large datasets that could be used to train AI systems, accelerating innovation across industries.
How important is India’s digital infrastructure for AI development?
Digital infrastructure has been one of the key foundations of India’s AI ecosystem.
The country has experienced a massive expansion of internet connectivity and smartphone usage. Hundreds of millions of people now access online services daily, generating vast amounts of digital data.
This data provides a valuable resource for training artificial intelligence systems.
Digital identity systems, online payment networks and government digital platforms have also created large scale digital ecosystems where AI tools can be applied.
These platforms enable developers to test and deploy AI technologies across large populations.
What role do Indian developers play in the AI industry?
India has one of the largest communities of software developers in the world.
Many of these engineers specialize in data science, machine learning and cloud computing, which are essential skills for artificial intelligence development.
Indian engineers work not only for domestic startups but also for global technology companies building advanced AI systems.
Their contributions include developing algorithms, training machine learning models and designing data infrastructure for large scale applications.
This technical talent pool is one of the primary drivers of India’s AI growth.
How is the startup ecosystem contributing to the AI revolution?
India’s startup ecosystem has become a major source of artificial intelligence innovation.
Thousands of startups across the country are developing AI driven products and services. These companies operate in areas such as financial technology, healthcare analytics, logistics optimization, cybersecurity and customer service automation.
Many startups are using AI to solve uniquely local challenges, such as improving agricultural productivity or providing financial services to underserved populations.
Venture capital investment in AI focused startups has grown significantly, providing funding for research, product development and global expansion.
How are global technology companies involved in India’s AI development?
Major international technology companies have established research and development centers in India.
These centers focus on artificial intelligence research, cloud computing, language processing and advanced data analytics.
Global companies benefit from India’s large pool of engineering talent and its growing digital market.
Many AI systems developed in these research centers are used worldwide, making India an important hub in the global artificial intelligence network.
Why is language technology important in India’s AI ecosystem?
India’s linguistic diversity creates unique challenges and opportunities for artificial intelligence development.
The country has dozens of widely spoken languages and hundreds of regional dialects. Developing AI systems capable of understanding and generating these languages is essential for expanding digital access.
Researchers and technology companies are working on natural language processing systems that support multiple Indian languages.
These technologies allow users to interact with digital platforms through voice commands and local language interfaces, making technology more accessible for millions of people.
How is artificial intelligence being used in healthcare in India?
Healthcare is one of the sectors where artificial intelligence is expected to have significant impact.
AI powered systems can analyze medical images, assist in diagnosing diseases and help doctors make treatment decisions.
In a country with a large population and uneven access to medical specialists, AI tools can help expand healthcare services.
Machine learning algorithms are also used to predict disease outbreaks, manage hospital resources and analyze patient data.
These technologies have the potential to improve healthcare efficiency and accessibility.
What role does AI play in agriculture?
Agriculture remains a vital sector for India’s economy, employing a large share of the population.
Artificial intelligence is increasingly being used to improve farming practices.
AI systems can analyze satellite imagery and weather data to help farmers predict crop yields, detect plant diseases and optimize irrigation.
Digital platforms powered by machine learning also provide farmers with real time advice on planting schedules, fertilizer use and market prices.
These technologies aim to increase productivity and reduce the risks associated with farming.
How is AI transforming financial services in India?
India’s financial technology sector is rapidly adopting artificial intelligence.
Banks and digital payment platforms use machine learning algorithms to detect fraud, assess credit risk and personalize financial services.
AI systems can analyze large volumes of financial data in real time, allowing institutions to make faster and more accurate decisions.
Automated chat systems and digital assistants are also widely used in customer service.
These innovations contribute to financial inclusion by making banking services more accessible through digital platforms.
How does education contribute to India’s AI growth?
Education plays a critical role in building the workforce needed for artificial intelligence development.
Universities and technical institutes across India have introduced specialized programs in data science, machine learning and artificial intelligence.
Online learning platforms are also expanding access to technical training for students and professionals.
These programs help create a steady pipeline of AI engineers, researchers and data scientists.
What challenges does India face in developing its AI ecosystem?
Despite its rapid progress, India faces several challenges in artificial intelligence development.
One challenge involves the need for more advanced research infrastructure and funding for AI innovation.
Access to high performance computing resources and specialized semiconductor technology is also important for developing advanced AI systems.
There are also concerns about data privacy, ethical use of AI and the potential impact of automation on employment.
Addressing these issues will be important for sustaining long term progress.
How could India influence the global future of AI?
India’s large population, digital economy and technical workforce position it to become one of the most influential players in the global AI landscape.
By developing technologies tailored to large scale populations and diverse languages, India could pioneer new models of inclusive digital innovation.
The country’s AI ecosystem also benefits from strong connections with global technology companies and research institutions.
As artificial intelligence becomes increasingly important for economic competitiveness, India’s role in shaping global AI development is likely to grow.
Conclusion
India’s artificial intelligence revolution reflects the broader transformation of the country into a major technology power.
The combination of digital infrastructure, engineering talent, startup innovation and government support is accelerating AI adoption across industries.
Although challenges remain, the rapid expansion of India’s AI ecosystem suggests that the country will play a major role in shaping the future of artificial intelligence.
As technology continues to evolve, India’s AI revolution could influence not only the national economy but also the global technological landscape.

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The blue-chip index FTSE 100 climbed 1.6% and the GBP/USD rose 0.2% against the dollar to 1.3467. The DAX index in Germany gained 2.3%, the CAC 40 in France rose 1.8%, News.az reports, citing Xinhua.
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UK round up
Persimmon PLC (LON:PSN) posted full-year profit above its own guidance and said early 2026 sales were running ahead of last year, sending shares in Britain’s largest housebuilder by market capitalisation up more than 10%.
The York-based group reported underlying profit before tax of £445.6 million for the year ended December 31, 2025, above the upper end of its guided £415-440 million consensus range. Underlying operating margin rose 20 basis points to 14.3%.
Genuit Group PLC (LON:GENG) reported full-year results that exceeded analyst expectations, with underlying operating profit reaching £94.4 million. The UK’s largest provider of sustainable water and climate products posted revenue of £602.1 million for the year ended December 31, 2025, up 7.3% year-over-year and 3.2% on a like-for-like basis. Shares rose 8.7%. Revenue fell slightly short of analyst estimates.
Domino’s Pizza Group PLC (LON:DOM) reported full-year results in line with analyst expectations, with revenue reaching £685.4 million compared to consensus estimates of £685.0 million. The UK and Ireland pizza delivery operator posted adjusted EBITDA of £133.9 million, slightly ahead of the £133.4 million consensus, though down 6.6% from £143.4 million in the prior year.

Adjusted earnings per share came in at 17.6p, matching analyst forecasts but declining 13.7% year-over-year from 20.4p. Revenue increased 3.1% from £664.5 million in FY24, driven by higher corporate store sales that offset lower supply chain volumes.

Rotork PLC (LON:ROR) reported full-year 2025 results that met expectations, but shares fell 10.1% as the company’s 2026 guidance pointed to subdued growth in key oil and gas markets. The flow control specialist posted revenue of £777.3 million for 2025, up 3.0% from the prior year and 3.7% on an organic constant currency basis, though slightly below analyst expectations of £787 million.
Adjusted operating profit rose 7.3% to £191.5 million, with margins expanding 100 basis points to 24.6%, ahead of the 24.1% consensus estimate. Adjusted earnings per share came in at 17.0p, matching analyst forecasts.
Spirax-Sarco Engineering PLC (LON:SPX) reported adjusted operating profit of £339.9 million for 2025, exceeding analyst estimates of £332 million. The company posted revenue of £1,702.9 million, up 5% organically and outpacing global industrial production growth of 2.1%. Adjusted operating profit rose 6% organically, while the adjusted operating margin improved 30 basis points organically to 20.0%.
Capita PLC (LON:CPI) shares fell 13.5% following full-year results that beat expectations but included weaker-than-anticipated guidance for 2026, driven by continued losses in its Contact Centre business and rising mobilisation costs.
The UK business process outsourcing firm reported adjusted revenue of £2.2 billion for 2025, down 1.2% year-over-year, missing the prior year’s £2.23 billion. Adjusted operating profit surged 34% to £113.5 million, ahead of analyst expectations, as the company completed its £250 million cost reduction programme.

Sabre Insurance Group PLC (LON:SBRE)reported full-year 2025 profit after tax of £37.9 million, beating analyst expectations by 3.9%, as the UK motor insurer delivered improved underwriting margins and announced a return to premium growth. The company’s profit before tax rose 4.9% to £51.0 million for the year ended December 31, 2025, while gross written premium declined 14.2% to £202.9 million.
Net insurance margin improved to 19.2%, up 1.6 percentage points from 17.6% in 2024, within the company’s target range of 18% to 22%. Revenue was down from £248.1 million in 2024.
An independent group appointed by the Competition and Markets Authority has finalized its decision on disputed price controls for five water companies, allowing an expected average bill increase of 2.2% for their customers.
The ruling affects Anglian Water, Northumbrian Water, South East Water, Southern Water, and Wessex Water, which collectively serve approximately 14 million people and generate combined annual revenue of around £5 billion. These companies had rejected water regulator Ofwat’s December 2024 price control decision and requested a redetermination.

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While chatting with Extra in a new interview to promote her second children’s book, The Fly Who Flew Under the Sea, Lauren, 56, opened up about her destination wedding to Jeff Bezos, 62, News.Az reports, citing foreign media.
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The billionaire couple tied the knot last summer on the island of San Giorgio Maggiore in Venice, Italy, on June 27.
“We did tear up the dance floor. We had so much fun,” Lauren said. “It was really incredible being there with, you know, all of our kids, our family, our best friends, and we danced all night. It was really, really fun.”
Lauren noted that the couple’s children all gave touching speeches at the celebration. Jeff shares three sons and one daughter with his ex-wife, MacKenzie Scott. Meanwhile, Lauren shares son Nikko, 25, with ex-boyfriend Tony Gonzalez, and son Evan, 19, and daughter Ella, 18, with ex-husband Patrick Whitesell. Ella’s speech moved her mother to tears.
“All of our kids gave speeches, mine and Jeff’s, and they were all so meaningful,” Lauren told the outlet. “My daughter gave a speech during the ceremony, this was before we said our vows, and [I] started bawling. Like, I could not- I’m like, ‘Oh, my gosh’ right before the pictures.”She continued, “And so all of our kids gave these speeches and they were all extremely emotional and loving and I think they made the wedding what it was.”
Speaking with Today on March 3, Lauren reflected on her son Evan’s speech. Like Lauren, Evan has dyslexia and recalled a key moment from his childhood about how she helped him in his journey with dyslexia.”One of my kids, who is dyslexic — and he lets me talk about it — went up there and talked about a moment that was extremely important to him, and I had no idea what he was going to say,” Lauren said.
“He was in the fourth grade and not writing well and he wrote this sentence that says, ‘I can do this,’ ” she recalled. “And it was his first sentence. And that’s really late to be writing your first sentence as any parent with a kid with dyslexia knows.”
Lauren continued, “I blew it up and I put it in our kitchen, and it says, ‘I can do this.’ Anyway, he talked about how special that moment was for him.”
More than 200 guests attended Lauren and Jeff’s wedding. Among the A-listers spotted were Oprah Winfrey, Gayle King, Orlando Bloom, Kim Kardashian, Khloé Kardashian, Kris Jenner, Kylie Jenner, Karlie Kloss, Leonardo DiCaprio, Usher, Tom Brady and many more celebrities.
A source previously told PEOPLE that the wedding ceremony kicked off with a performance of “Can’t Help Falling in Love” by Elvis Presley, sung by Matteo Bocelli to cheers from the guests.

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The company is said to be targeting about $37 billion to $42 billion in this bond sale, News.az reports, citing Telegraph.
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The Amazon deal ranks behind the $129 billion in orders for Oracle Corp.’s bond sale last month, but exceeds the $125 billion for Meta Platforms Inc.’s offering in October.
Amazon is accessing the US high-grade debt market with an offering spanning as many as 11 tranches, ranging from two to 50 years. The company is also marketing an eight-part bond sale in the European high-grade primary market.
The demand demonstrates continued investor appetite for hyperscaler debt despite rising uncertainty over the widening conflict in the Middle East and its potential impact on the US economy.
JPMorgan Chase and Goldman Sachs are among the banks managing the offering, alongside with HSBC Holdings Plc and Citigroup Inc.

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The job cuts are planned to be shared across Volkswagen’s 10 brands, which include Porsche, Audi, Lamborghini and Bentley. The company said tariffs imposed by President Donald Trump, coupled with declining sales in North America and China have contributed to falling profits, News.Az reports, citing foreign media.
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Volkswagen imports are subject to a 25% tariff by the United States.”In total, around 50,000 jobs are due to be cut by 2030 across the Volkswagen Group in Germany,” Oliver Blume, chairman of the Volkswagen Group executive board, said in a letter to shareholders. “We are operating in a fundamentally different environment.”
As sales have declined in China, Chinese automakers have also moved into the European market, increasing competition.
The ongoing conflict in the Middle East have introduced greater uncertainty for the automaker as it tries to navigate a challenging market.
Volkswagen reported a 4.6% profit margin for fiscal year 2025. It is predicted to fall between 4% and 5.5% in the 2026 fiscal year.
Arno Antlitz, Volkswagen’s chief of finance and operations, said that the group’s profit margin is not sustainable.
“We can only realize this if we continue to rigorously reduce costs,” Antlitz said.
Economic challenges have slowed the group’s transition to electric vehicle production. Porsche has stalled this transition for the time being as profits fell by 98% in 2025.

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