Author: admin

  • Jafar Panahi Dedicates Gotham Screenplay Award To Filmmakers At Risk

    Jafar Panahi Dedicates Gotham Screenplay Award To Filmmakers At Risk

    Jafar Panahi dedicated his Gotham Award for Best Screenplay for It Was Just An Accident “to independent filmmakers in Iran and around the world” the same day the Iranian director was sentenced in absentia earlier today to one year in prison…

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  • Jonathan Anderson Takes Top Prize at BFC’s Fashion Awards

    Jonathan Anderson Takes Top Prize at BFC’s Fashion Awards

    LONDON — Jonathan Anderson, won designer of the year for the third year in a row at this year’s British Fashion Council’s Fashion Awards — the first under new BFC chief executive Laura Weir — on Monday evening.

    “Without the BFC, I…

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  • West Indies win the toss and choose to bowl against New Zealand in first test

    West Indies win the toss and choose to bowl against New Zealand in first test

    CHRISTCHURCH, New Zealand (AP) — West Indies captain Roston Chase won the toss and chose to bowl first against New…

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  • Trump holds Venezuela Oval Office meeting amid growing questions about his military moves

    Trump holds Venezuela Oval Office meeting amid growing questions about his military moves

    President Donald Trump and top national security officials huddled at the White House Monday to discuss next steps on Venezuela, as the administration faces renewed called from lawmakers to release more…

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  • NEC Launches AI Agent Service in Japan to Automate Procurement Negotiations Using AI: Press Releases

    NEC Launches AI Agent Service in Japan to Automate Procurement Negotiations Using AI: Press Releases

    Tokyo, December 2, 2025 – NEC Corporation (NEC; TSE: 6701) will begin offering its “NEC AI Agent Service for Procurement Negotiations” in Japan starting this December. This service utilizes NEC’s proprietary AI technology, “Automated Negotiation AI,” to autonomously generate optimal transaction terms for procurement operations in the manufacturing industry and to negotiate with suppliers.

    This service automates complex delivery date and quantity adjustment negotiations in manufacturing, drastically reducing the time spent on transaction negotiations. It enables rapid response to demand fluctuations and significantly improves operational efficiency.

    NEC conducted a proof-of-concept (POC) at an NEC Group company in November 2024, successfully automating delivery date and quantity adjustments with suppliers for the procurement of approximately 1,300 parts.

    In this proof-of-concept, the “automated agreement rate”—the percentage of agreements reached solely by AI without procurement personnel intervention—reached 95%. Negotiations concluded under optimal conditions for both the supplier and NEC. This confirmed that the adjustment time from negotiation initiation to completion, which previously took several hours to days, could be reduced to just approximately 80 seconds, achieving a significant improvement in operational efficiency.

    In recent years, negotiations among stakeholders in the manufacturing industry have become increasingly complex due to diversifying demand and the extensive supply chains spanning from raw material procurement to final product delivery. Amid demands for shortening overall supply chain lead times and adapting to high-mix, low-volume production, procurement operations must address risks in a VUCA environment, making efficiency and speed through digital transformation (DX) advancement an urgent priority.

    However, many companies lack the capacity to swiftly optimize production systems and procurement plans in response to unexpected fluctuations in demand, hindered by factors such as labor shortages, overly personalized work processes, and cost pressures. Particularly, adjusting delivery dates and quantities for parts and raw materials is a critical task directly linked to production planning and potentially leading to lost sales opportunities. Yet, due to its complexity and the time required for negotiations, many items face the challenge of insufficient coordination.

    NEC developed Automated Negotiation AI to address these challenges, leveraging its proprietary AI technology cultivated through years of research. This technology enables systems to autonomously negotiate with business partners without human intervention, supporting the formation of optimal agreements. This allows for the coordination of procurement timing even for vast numbers of items that were previously unmanageable manually. By curbing excess inventory, preventing stockouts, and avoiding delivery delays, it creates a supply chain resilient to demand fluctuations. Through this service, NEC resolves challenges in increasingly complex supply chains and contributes to enhancing customer competitiveness.


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  • Pen Underwriting rebrands decades-old Irish underwriter

    Pen Underwriting rebrands decades-old Irish underwriter

    Established as a niche provider focused on motor and liability risks, it built a strong regional presence from its base in Wexford. Its growth came through long-term relationships with around 200 broker partners and…

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  • Asian Stocks Rebound, Japan Bond Auction in Focus: Markets Wrap

    Asian Stocks Rebound, Japan Bond Auction in Focus: Markets Wrap

    (Bloomberg) — Asian stocks staged a rebound on Tuesday following a selloff that saw cryptocurrencies lead declines in global risk assets. Japanese government bonds were in focus ahead of an auction of 10-year debt.

    A gauge of Asian equities rose 0.5%, with South Korea’s tech-heavy market outperforming. Futures contracts for US stock indexes edged higher after the S&P 500 fell 0.5% and the Nasdaq 100 dropped 0.4% on Monday. Bitcoin fluctuated early in Asia after losing more than 5% on Monday.

    This year’s final auction of 10-year Japanese bonds — scheduled for later Tuesday — has assumed greater importance for traders after increased speculation over an interest-rate hike saw yields surge. The yen traded weaker against the dollar after rising the most in a week on Monday, when Bank of Japan Governor Kazuo Ueda sent the clearest hint yet that his board might raise rates soon.

    “Asia is trying to stabilize after Monday’s shake-out, but it still feels more like a pause than a full-hearted risk-on,” said Charu Chanana, chief investment strategist at Saxo Markets in Singapore. “The bigger swing factor for sentiment today is Japan’s 10-year JGB auction. With markets increasingly treating a December BOJ hike as the base case, any sign of weak demand or a soft bid-to-cover will reverberate well beyond Tokyo.”

    Global markets were off to a shaky start in December on Monday as the renewed selloff in cryptocurrencies and hawkish comments from BOJ’s Ueda spurred risk aversion. Focus in the coming days will remain on central bank actions as Federal Reserve policymakers meet Dec. 9-10 and the BOJ decides on rates on Dec. 19.

    JGBs should be watched after yields “have been on a tear” this year on expectations of larger budget deficits and another rate hike by the BOJ, Kristina Hooper, chief market strategist at Man Group, wrote in a LinkedIn post. “This is important because rising JGB yields can help push up the yields of other longer-dated sovereign bonds, adding to borrowing costs when some governments can least afford it.”

    Treasuries steadied on Tuesday after falling across the curve in the previous session, when the 10-year yield jumped seven basis points to around 4.1%. A gauge of the dollar was little changed. Australia’s 10-year yield climbed six basis points.

    Elsewhere, silver retreated from a record high, with a key technical indicator showing that a six-day rally through Monday had taken the white metal into overbought territory. Gold also declined while oil edged higher.

    US Economy

    In the US, data Monday showed factory activity shrank in November by the most in four months as orders weakened.

    Fed officials will get a dated reading on their preferred inflation gauge before next week’s rate decision. The report due Friday is expected to show that inflationary pressures are stable, but sticky. Yet the debate will likely largely center on the job market when policymakers meet for the rate decision.

    Still, key data like the jobs report won’t arrive until after the December rate decision, which “drastically dilutes this week’s ability to spring any material surprises in as far as rate cut expectations are concerned,” noted Fawad Razaqzada at Forex.com.

    In addition to Friday’s inflation data, other relevant economic data this week include ADP private employment figures for November and a preliminary reading of consumer confidence in December.

    “We have highlighted that stocks historically performed best when the economy is not in recession and the Fed is cutting interest rates,” said Ulrike Hoffmann-Burchardi at UBS Global Wealth Management. “The latest available data suggest that the Fed is more likely to proceed with a 25-basis-point cut.”

    She also noted that the current soft patch in the US economy is likely temporary, and global growth should accelerate in 2026.

    Corporate News

    China Vanke Co., the distressed builder that surprised markets last week when it proposed an unspecified delay in paying a local bond, has now asked holders to wait a year to be made whole, as it faces mounting liquidity pressure amid waning state support. Warner Bros. Discovery Inc. was fielding a second round of bids on Monday, including a mostly cash offer from Netflix Inc., in an auction that could wrap up in the coming days or weeks, according to people familiar with the discussions. Jane Street Group and Citadel Securities reported gains in third-quarter trading revenue, cutting further into Wall Street’s dominance of that business and leaving the two market-making firms on track for record years. After 13 years of running South Korea’s largest cryptocurrency exchange, Song Chi-hyung and Kim Hyoung-nyon have cemented their spots among the world’s wealthiest. China’s DeepSeek unveiled two new versions of an experimental artificial-intelligence model it released weeks ago, adding fresh capabilities the startup said would help with combining reasoning and executing certain actions autonomously. Chinese vaccine makers are caught in a steep downturn, as intensifying competition pushes prices lower and erodes profits, underscoring the far-reaching deflationary pressure across the world’s second-largest economy. Fanuc Corp. shares climb as much as 9.4% to the highest since July 2021 after the Japanese factory automation equipment company announced that it will collaborate with Nvidia Corp. to implement physical AI in industrial robots, in a statement Monday. Stocks

    S&P 500 futures were little changed as of 10:46 a.m. Tokyo time Nikkei 225 futures (OSE) rose 0.5% Japan’s Topix rose 0.3% Australia’s S&P/ASX 200 rose 0.3% Hong Kong’s Hang Seng rose 0.7% The Shanghai Composite fell 0.4% Euro Stoxx 50 futures were little changed Currencies

    The Bloomberg Dollar Spot Index was little changed The euro was unchanged at $1.1610 The Japanese yen fell 0.1% to 155.62 per dollar The offshore yuan was little changed at 7.0739 per dollar The Australian dollar was little changed at $0.6545 Cryptocurrencies

    Bitcoin rose 0.1% to $86,574.29 Ether rose 0.2% to $2,798.78 Bonds

    The yield on 10-year Treasuries was little changed at 4.08% Japan’s 10-year yield advanced one basis point to 1.875% Australia’s 10-year yield advanced six basis points to 4.61% Commodities

    West Texas Intermediate crude rose 0.1% to $59.40 a barrel Spot gold fell 0.4% to $4,213.27 an ounce This story was produced with the assistance of Bloomberg Automation.

    –With assistance from Richard Henderson, Abhishek Vishnoi and Ruth Carson.

    ©2025 Bloomberg L.P.

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  • Children’s Hospital of Philadelphia Researchers Show How Circadian Rhythms Help Boost Infection Recovery

    Newswise — Researchers at Children’s Hospital of Philadelphia (CHOP) found that circadian rhythms – the biological clocks of the body – can influence outcomes related to influenza infections, providing…

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  • Gotham Awards 2025 Red Carpet Arrivals, Live Updates – WWD

    Gotham Awards 2025 Red Carpet Arrivals, Live Updates – WWD

    1. Gotham Awards 2025 Red Carpet Arrivals, Live Updates  WWD
    2. The 2025 Gotham Film Awards Are Being Announced Right Now — Full Winners List  IndieWire
    3. See Every Stylish Star at the 2025 Gotham Awards  AOL.com
    4. 2025 Gotham Film Awards Winners List…

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  • Emily Chu connects with audience through honest lyrics, circular relationship

    Emily Chu connects with audience through honest lyrics, circular relationship

    Emily Chu bridges the gap between everyday struggle and self-expression, blending genres in more ways than one.

    The fourth-year psychology student released her latest single “could’ve been us” this past August but said she began working on…

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