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Oil steadies near 7-month highs; U.S.-Iran talks loom, tariffs cloud outlook

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Oil steadies near 7-month highs; U.S.-Iran talks loom, tariffs cloud outlook

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2nm A20 Chip, Bigger Battery and Variable Aperture Camera

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Claude

CUPERTINO, Calif. — Apple’s iPhone 18 Pro Max is shaping up as one of the most significant upgrades in years, with rumors pointing to a powerful 2nm A20 Pro chip, a larger battery that could deliver record endurance, and a groundbreaking variable aperture camera system as the tech giant prepares for its fall 2026 lineup.

iPhone 18 Pro Max Rumors Point to Record Battery Life,
iPhone 18 Pro Max Rumors Point to Record Battery Life, Under-Display Face ID and Powerful 2nm A20 Chip

The high-end model is expected to launch alongside the iPhone 18 Pro and a new foldable iPhone in September 2026, while standard iPhone 18 variants may be delayed until spring 2027 in what could mark a major shift in Apple’s annual release cadence. With roughly five months until the anticipated unveiling, leaks from supply chain sources and analysts have painted an increasingly detailed picture of the device that could command premium pricing and push technological boundaries.

At the heart of the iPhone 18 Pro Max rumors is Apple’s leap to a 2-nanometer manufacturing process for the A20 Pro chipset. Built by TSMC, the advanced node is projected to deliver around 15% better CPU performance and up to 30% improved power efficiency compared with the 3nm A19 Pro in the current generation. The chip is also expected to feature enhanced memory bandwidth and stronger on-device AI capabilities, further supercharging Apple Intelligence features.

Battery life has emerged as a major talking point. Multiple leakers suggest the iPhone 18 Pro Max could house a 5,100 to 5,200 mAh cell — among the largest ever in an iPhone — potentially enabling up to 40 hours of mixed usage on a single charge. The increase is tied to a slightly thicker chassis, with reports indicating the device may measure about 8.8 mm thick and weigh over 240 grams, making it one of the heaviest iPhones in recent memory.

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Design changes appear relatively modest overall. The iPhone 18 Pro Max is expected to retain the general aesthetic of the iPhone 17 Pro Max, including the same 6.9-inch LTPO OLED display with 120Hz ProMotion technology. However, the front could feature a slimmer Dynamic Island, with some Face ID components moving under the screen. Full under-display Face ID remains uncertain, with conflicting reports suggesting technical challenges may have delayed the complete removal of the cutout.

Camera upgrades could prove transformative. Rumors indicate the main rear camera may gain a variable aperture system — a first for iPhone — allowing users greater control over depth of field and light intake, similar to professional DSLR lenses. The triple-lens array is expected to stick with 48-megapixel sensors across wide, ultrawide and telephoto lenses, possibly incorporating a new three-layer stacked image sensor from Samsung. An 18-megapixel front camera is also in the mix.

Color options have generated excitement among fans. Bloomberg’s Mark Gurman reported that Apple is testing a “deep red” or burgundy finish for the Pro models, which would mark the first time a Pro variant comes in red. Other rumored hues include purple and brown, potentially replacing some of the iPhone 17 Pro’s palette. A semi-transparent or two-tone back glass design has also been mentioned, though major overhauls appear unlikely given the success of recent titanium builds.

Connectivity improvements are another focus. The iPhone 18 Pro Max could include Apple’s C2 modem with full satellite internet support via NR-NTN technology, enabling always-connected capabilities even without cellular coverage. Wi-Fi 7 and mmWave 5G are also expected, alongside possible refinements to the Camera Control button introduced in prior models.

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Pricing remains a sensitive topic. The move to a costly 2nm process has raised concerns that the iPhone 18 Pro Max could become Apple’s most expensive iPhone yet, with some speculation of a noticeable increase over the current Pro Max starting price. Exact figures have not leaked, but analysts note the premium could reflect the advanced manufacturing and new features.

The broader 2026 iPhone strategy appears ambitious. With the standard iPhone 18 potentially pushed to 2027, Apple’s fall event could spotlight the Pro duo and the long-awaited foldable iPhone, creating a more premium-heavy lineup. This shift has fueled speculation about how the company will balance innovation with accessibility across its portfolio.

Industry observers say the rumored upgrades address common user requests. A bigger battery tackles one of the most frequent complaints about flagship phones, while the variable aperture camera could elevate mobile photography to new heights. Enhanced efficiency from the 2nm chip should translate to cooler operation and longer real-world usage, particularly for power-hungry tasks like video recording or AI processing.

Supply chain reports indicate early production planning is underway, though final specifications could still evolve. Apple has a history of refining features late in development, meaning some rumored elements — such as the exact extent of under-display Face ID integration — may not materialize as described.

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For consumers weighing an upgrade, the iPhone 18 Pro Max rumors suggest meaningful improvements in performance, endurance and creative tools rather than revolutionary design changes. The device is likely to appeal strongly to professionals, content creators and power users seeking the best available iPhone experience.

As anticipation builds toward September, more concrete details are expected to surface through additional leaks and analyst reports. Apple has not commented on any upcoming products, maintaining its usual policy of secrecy until official announcements.

Whether the iPhone 18 Pro Max delivers on these expectations could influence not only Apple’s sales but also the broader smartphone market’s direction in 2026 and beyond. For now, the rumors paint an enticing picture of a refined flagship that prioritizes practical enhancements and cutting-edge internals.

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US, Iran set for peace talks but doubts emerge over Lebanon, sanctions

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US, Iran set for peace talks but doubts emerge over Lebanon, sanctions


US, Iran set for peace talks but doubts emerge over Lebanon, sanctions

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McGraw-Hill: The EdTech Sleeping Giant

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E-learning concept with a teacher presenting online education program

McGraw-Hill: The EdTech Sleeping Giant

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Stable Business Adapt During Times of Instability

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Search for “AI project ideas” online and you’ll find hundreds of suggestions, from building chatbots to generating artwork.

Stable businesses come into their own during times of instability. Whatever causes market instability, well-equipped businesses find ways to adapt. This is particularly pertinent at the moment, given recent changes to UK tax policies.

The most recent example of Chancellor Rachel Reeves’ budgeting taking hold is the change to Remote Gaming Duty (RGD). The levy imposed on gambling operators in the UK jumped from 21% to 40% on April 1, 2026. According to the government, the increase is designed to reflect the growth of online casino gaming.

Reeves’ assessment is, indeed, correct. Gambling operators diversified their portfolios over two decades ago to align with changing tastes. For example, Paddy Power was formed in 1988 through the merging of three Irish bookmakers.

From a network of betting shops in Ireland, Paddy Power now has a global network of online and offline assets. The casino at Paddy Power alone gives players access to upwards of 2,000 games, including exclusives such as Paddy’s Mansion Heist. This asset sits alongside a sportsbook, poker site and bingo room, as well as live betting shops.

Nothing Changes by Staying the Same

Diversification was the strategy back then, and it will be once again as gambling operators respond to RGD increasing to 40%. Gambling operators aren’t the only ones facing tax hikes. The beleaguered hospitality sector is now contending with increased business rates and a rise in the minimum wage.

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Talking to The Guardian, Nick Evans, co-owner of the Old Crown Coaching Inn in Faringdon, Oxfordshire, said he can’t increase prices any further. The former city trader is almost ready to admit defeat when it comes to the food and beverage side of his business.

“The only way you can make it work is to have a microwave and staff who can open a packet and put it on a plate. That’s not the reason we entered this industry”, Evans told The Guardian.

To keep his business afloat, Evans is doing what many old pubs are doing: he’s adding more hotel rooms. Adding six more rooms to the 14 already in place would “allow us to grow”, Evans explained. In this case, diversification is a necessity rather than a luxury. What’s important to take from this as a business owner is that standing firm isn’t necessarily the answer.

Cost-Cutting Isn’t Always the Answer

A recent report by the British Chambers of Commerce shows that 55% of UK businesses are increasing their prices as a result of tax hikes. A further 26% have cut their investment plans. Alongside those moves, finding new streams of income is crucial. Gambling and hospitality aren’t the only industries currently facing economic changes.

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The long-term effects of US President Donald Trump’s war on Iran are already affecting haulage companies and farmers due to higher oil prices. These costs will filter through dozens of industries, meaning very few will escape.

Cost-cutting is a valid strategy, but so is diversification. Finding ways to add new services through online channels might be the way. Diversification could look at a new range of products. Whatever the pivot, it needs to address the central issue of raising costs by either increasing revenue or offering something at a lower price. The best businesses manage this, which is why they remain stable during unstable times.

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Guardrails for MFIs need to continue

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Guardrails for MFIs need to continue
Sa-Dhan, one of the self-regulatory organisations for the microfinance industry, on Friday suggested continuation of the lending guardrails adopted by lenders to customers at the bottom of the pyramid, even as the industry has shown signs of improvement.

The issue was discussed at a microfinance conclave organised by Sa-Dhan in Mumbai.

Microfinance guardrails in India, enforced by self-regulatory organisations such as the Microfinance Industry Network and Sa-Dhan, were implemented to ensure responsible lending and curb borrowers’ over-indebtedness, which was the primary reason for the severe stress the sector has been passing through over the past two years.

The key measures include limiting lenders to three per borrower, capping total indebtedness at ₹2 lakh, and restricting loans to customers with existing, significant delinquencies.

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“The microfinance sector has shown resilience over the years, but it must continue to evolve with changing realities. By focusing on governance, transparency, and customer well-being, these guardrails will help build greater trust and long-term sustainability in the sector,” Sa-Dhan chairman K Paul Thomas said.


At the conclave, Reserve Bank of India’s central board member Satish Marathe is said to have suggested setting up a steering committee to address issues faced by the microfinance sector.

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Exclusive-Third Point won’t run proxy fight at CoStar, exits position, letter says

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Exclusive-Third Point won’t run proxy fight at CoStar, exits position, letter says


Exclusive-Third Point won’t run proxy fight at CoStar, exits position, letter says

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Trump Pressures Iran As Islamabad Talks Aim To Secure Lasting Middle East Truce

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Markets Weekly Outlook: Markets Brace For U.S.-Iran Talks Amid Post-Ceasefire Surge

Trump Pressures Iran As Islamabad Talks Aim To Secure Lasting Middle East Truce

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(VIDEO) Jimmy Kimmel Speculates Melania Trump’s Surprise Epstein Address Was Revenge on Trump

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TV host Jimmy Kimmel will return to hosting his late-night talk show Tuesday after being pulled from the air last week

WASHINGTON — Late-night host Jimmy Kimmel offered a biting theory Thursday night for why First Lady Melania Trump chose this moment to deliver a rare, unannounced public statement denying any close ties to the late convicted sex offender Jeffrey Epstein: sheer resentment toward her husband, President Donald Trump.

Kimmel, during his monologue on “Jimmy Kimmel Live!,” suggested the first lady’s roughly six-minute address — which blindsided even the president — was timed to drag the long-simmering Epstein scandal back into the headlines just days after a fragile ceasefire in the U.S.-Iran conflict that Trump had hoped would shift national attention.

“He spent the past six weeks trying to bomb this Epstein story out of the headlines. Two days after the ceasefire, she puts it right back on top,” Kimmel quipped. “She must really hate him.”

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TV host Jimmy Kimmel will return to hosting his late-night talk show Tuesday after being pulled from the air last week
AFP

The first lady summoned reporters to the White House entrance hall on April 9 without prior coordination with senior administration officials, according to multiple accounts. In a prepared statement, she firmly rejected “lies” linking her to Epstein, insisting she had “never been friends” with him and had no knowledge of his crimes against underage girls.

“I have never had any knowledge of Epstein’s abuse of his victims. I was never involved in any capacity — I was not a participant, was not a victim,” Melania Trump said. She also denied persistent online rumors that Epstein introduced her to Donald Trump, recounting instead that the couple met by chance at a 1998 New York City party, as detailed in her memoir “MELANIA.” Their first encounter with Epstein came in 2000 at a shared social event, she added.

The first lady urged Congress to hold public hearings for Epstein’s survivors and called for an end to “mean-spirited attempts to defame my reputation.” She described overlapping social circles in New York and Palm Beach as commonplace but stressed any deeper connection was fabricated.

Her remarks immediately reignited public interest in the Epstein files, which have included photos of the Trumps with Epstein and Ghislaine Maxwell, as well as a 2002 email exchange between Melania Trump and Maxwell in which Maxwell addressed her as “sweet pea.”

Kimmel wasted no time highlighting one of the most circulated images: a photo of Donald and Melania Trump posing with Epstein that reportedly hung in the financier’s home. While showing the picture on air, the host deadpanned, “By the way, while you’re explaining how much you didn’t know Epstein, any particular reason you can think of that he had a picture of you guys on display at his house? Maybe this is the photo that came with the frame, I don’t know.”

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“I, for one, when I see this, I think, well, these two don’t know each other at all,” Kimmel added sarcastically.

President Trump later told reporters he had no advance knowledge of the exact content of his wife’s statement, though he suggested he was aware she had wanted to address the rumors at some point. “I didn’t know what the statement was, but I knew she was going to make a statement,” he said Friday, adding that she “had a right to talk about it.”

Kimmel seized on that disclosure as further evidence of White House disarray. “Shows you just how smoothly things are running over there,” he joked.

The timing has fueled widespread speculation. The Epstein matter had largely faded from daily headlines amid escalating tensions with Iran, including military actions and subsequent ceasefire negotiations. Analysts and late-night comedians alike questioned why the first lady would voluntarily resurface the topic now, especially with midterm elections approaching and other pressing national issues dominating the agenda.

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Some insiders told CNN that Melania Trump had grown increasingly frustrated with persistent online speculation and blog posts amplifying unproven claims about her relationship with Epstein and Maxwell. The statement, according to those familiar with her thinking, was driven by a desire to shut down the rumors once and for all.

Critics and Epstein survivors’ advocates offered mixed reactions. Some praised her call for congressional hearings as a positive step toward justice for victims. Others accused the address of being a defensive maneuver that nonetheless kept powerful figures in the spotlight while providing few new details.

Kimmel was not alone in his commentary. Multiple outlets noted the unusual nature of a first lady holding what amounted to a solo press conference on such a sensitive personal and political matter. The New York Times described Kimmel’s take as saluting the “White House surprise,” while Variety highlighted his decision to air the contentious photo as a direct challenge to her denials.

The Epstein scandal has dogged the Trump orbit for years. Court documents and released files have detailed social connections between Epstein — who died by suicide in jail in 2019 while awaiting trial on federal sex-trafficking charges — and numerous high-profile figures, including former President Bill Clinton and Donald Trump himself in earlier decades. Trump has previously distanced himself, claiming he had not spoken to Epstein in 15 years before the financier’s arrest and labeling much of the coverage a political “hoax.”

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Melania Trump’s statement marked one of her most substantive public interventions since returning to the White House. Known for a relatively low public profile compared to previous first ladies, she has largely focused on initiatives involving children and anti-bullying efforts. Her memoir, released during the transition period, offered personal insights but avoided deep dives into controversial associations.

In the monologue, Kimmel also mocked the delivery of the remarks, comparing parts of the language to statements Donald Trump had made in the past regarding other scandals. “It’s the same speech he gave her after Stormy Daniels. She just regurgitated it,” he said.

He further dramatized the scene, joking that Melania “emerged from the rubble of the East Wing, brushed the drywall off her business suit, and delivered a doozy of a prepared statement demanding that we stop talking about something that no one was talking about.”

The East Wing reference alluded to ongoing renovation reports at the White House.

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As of Friday, the White House had not issued additional clarification on the motivations behind the timing. Press Secretary attempts to downplay the episode focused on the first lady’s right to defend her reputation.

Legal experts noted that while no criminal allegations have ever been leveled against Melania Trump in connection with Epstein, the persistent online narratives and selective release of documents have kept the story alive in partisan circles.

Survivors of Epstein’s abuse expressed varied views. Some welcomed any attention to the need for accountability and hearings, while others worried that high-profile denials without new evidence could distract from demands for full transparency in the remaining sealed files.

Kimmel’s segment quickly went viral, with clips circulating widely on social media and drawing millions of views on YouTube. It underscored the enduring power of late-night comedy to shape public perception of political moments, particularly those involving the Trump family.

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The episode also highlighted ongoing tensions within the first couple’s dynamic under the intense scrutiny of the presidency. Observers have long noted Melania Trump’s independent streak, from her fashion choices to her occasional public divergences from her husband’s messaging.

Whether the statement succeeds in quelling speculation remains uncertain. Fresh document releases under the Epstein Files Transparency Act have continued to surface correspondence and photos, keeping the case in the public eye.

For now, Jimmy Kimmel’s speculation — that the address was less about closure and more about domestic score-settling — has added another layer of intrigue to an already complex narrative. As one commentator put it, in a White House often defined by chaos and competing agendas, even the first lady’s efforts at damage control can become fodder for late-night laughs and renewed headlines.

The Epstein saga, it seems, refuses to stay buried — no matter who tries to end the conversation.

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Politics And The Markets 04/11/26

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

This is the forum for daily political discussion on Seeking Alpha. A new version is published every market day.

Please don’t leave political comments on other articles or posts on the site.

The comments below are not regulated with the same rigor as the rest of the site, and this is an ‘enter at your own risk’ area as discussion can get very heated. If you can’t stand the heat… you know what they say…

More on Today’s Markets:

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Regardless of which side of the political divide you find yourself, please be courteous and don’t direct abuse at other users.

For any issue with regards to comments please email us at : moderation@seekingalpha.com.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Thailand Slashes Diesel and Gasohol Prices by Up to 6 Baht Ahead of Songkran Festivities

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Thailand's Oil Fund Cuts Subsidies and Raises Fuel Prices by 6 Baht

Thailand will lower diesel and gasohol prices by up to 6 baht per litre from April 11, 2026, to ease transport costs and living expenses during Songkran, due to declining global oil prices.


Key Points

  • Thailand will reduce retail prices for most diesel and gasohol products by up to 6 baht per litre starting April 11, 2026, as part of a relief initiative during the Songkran holiday to lower transport costs and living expenses.
  • The decision, approved by the Oil Fuel Fund Administration Committee on April 10, reflects easing global oil prices, with the cost dropping from approximately US$255 to US$211 per barrel.
  • Price adjustments include Diesel B20 down 6 baht, Diesel B7 down 4 baht, and minor reductions for various gasohol products. Despite the cuts, the Oil Fuel Fund will continue to handle daily costs of 589.15 million baht.

Price Reductions for Fuel to Alleviate Economic Burden

Thailand’s government will reduce retail prices for most diesel and gasohol products by up to 6 baht per litre beginning April 11, 2026. This initiative, designed to alleviate transport costs and living expenses during the Songkran holiday, was approved by the Oil Fuel Fund Administration Committee, led by Energy Minister Akanat Promphan. The committee’s decision to adjust prices is primarily due to easing global oil prices, indicating a favorable trend that allows for financial relief to the populace.

Details of the Price Adjustments

Effective April 11, the new retail prices will see Diesel B20 reduced by 6 baht to 37.40 baht per litre, and Diesel B7 will see a 4 baht reduction to 44.40 baht. Additionally, E85 and E20 prices will drop by 3 baht each, while Gasohol 91 and 95 will decrease by 1 baht. Notably, benzine prices will remain unchanged. The Energy Ministry stated that these reductions aim to mitigate freight costs and the public’s overall cost of living during a time when global oil prices have exhibited a downward trend, moving from around $255 to $211 per barrel in just two days.

Implications for the Oil Fuel Fund

Despite the reductions, the adjustments will still leave the Oil Fuel Fund with daily expenses of 589.15 million baht, a noticeable decrease from previous expenses of over 1.2 billion baht daily. This indicates a commitment to balancing financial relief for the public while managing the Fund’s sustainability. The government’s decision reflects an effort to support citizens during an economically challenging period, especially as travel costs are anticipated to rise with the upcoming holiday season. Overall, this move integrates economic strategy with public welfare objectives.

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