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OpenAI clinches $840 billion valuation with mega funding from Amazon, Nvidia, SoftBank

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OpenAI clinches $840 billion valuation with mega funding from Amazon, Nvidia, SoftBank


OpenAI clinches $840 billion valuation with mega funding from Amazon, Nvidia, SoftBank

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From Irish Roots to Dominant 2026 Awards Run for ‘Hamnet’ Best Actress Win

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Jessie Buckley

Irish actress Jessie Buckley cemented her status as the awards season’s standout performer on March 1, 2026, winning Outstanding Performance by a Female Actor in a Leading Role at the Actor Awards for her heartbreaking portrayal of Agnes Shakespeare in Chloé Zhao’s “Hamnet.” The victory, her latest in a string of major precursor wins, positions the 36-year-old as the clear frontrunner for the best actress Oscar at the March 15 ceremony.

Jessie Buckley
Jessie Buckley

Buckley, who swept the Golden Globes, Critics Choice, BAFTAs and now the Actor Awards, delivered an emotional speech dedicating the honor to co-star Emily Watson, calling her “the realest of the real” and her “north star.” Watson, visibly moved, wiped away tears as cameras captured the moment. Buckley became the first Irish performer to win the Actor Awards lead actress category, highlighting her meteoric rise from stage roots to Hollywood powerhouse.

Here are 10 essential facts about Buckley, whose versatile career blends raw emotional depth with fearless choices across film, television and theater.

1. **Born December 28, 1989, in Killarney, County Kerry, Ireland.** Now 36, Buckley grew up as the eldest of five siblings in a musical household. Her mother, Marina Cassidy, a vocal coach, nurtured her singing talent early on. Buckley attended Ursuline Secondary School in Thurles, County Tipperary, where she performed in school productions.

2. **Rose to fame on a BBC talent show in 2008.** At 18, she finished second on “I’d Do Anything,” a competition to cast Nancy in a West End revival of “Oliver!” Though offered the understudy role, she declined to pursue other opportunities, making her West End debut later that year in Stephen Sondheim’s “A Little Night Music.”

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3. **Trained at the prestigious Royal Academy of Dramatic Art.** Buckley graduated with a BA in 2013, honing her craft in classical theater. She performed at Shakespeare’s Globe as Miranda in “The Tempest” and appeared in “Henry V” in the West End, establishing herself as a formidable stage presence before transitioning to screen work.

4. **Breakthrough film role came in “Wild Rose” (2018).** Playing a Scottish ex-convict pursuing a country music dream, Buckley earned a BAFTA nomination for best actress. Her singing and acting blend shone, showcasing the musical roots that continue to inform her performances.

5. **Acclaimed for intense dramatic roles in prestige projects.** Buckley earned praise for her work in the miniseries “Chernobyl” (2019) as a nuclear plant worker, the BBC adaptation of “War and Peace” (2016), and films like “I’m Thinking of Ending Things” (2020), “The Lost Daughter” (2021)—which brought her first Oscar nomination—and “Women Talking” (2022).

6. **Won a Laurence Olivier Award for “Cabaret” in 2021.** Her portrayal of Sally Bowles in the West End revival earned the best actress in a musical honor, proving her stage prowess and versatility across genres.

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7. **Portrays Agnes Shakespeare in “Hamnet” (2025).** Directed by Chloé Zhao and adapted from Maggie O’Farrell’s novel, the film explores grief and love in Shakespeare’s family after their son’s death. Buckley’s quiet, devastating performance as the intuitive wife and mother has been hailed as career-defining, earning universal acclaim.

8. **Swept major 2026 precursor awards.** Buckley’s “Hamnet” wins include the Golden Globe for best actress in a drama, Critics Choice, BAFTA and now the Actor Awards. The peer-voted SAG honor carries significant Oscar weight, with analysts predicting she could become the first Irish best actress winner.

9. **Known for emotional, transformative speeches.** In her Actor Awards acceptance, Buckley reflected on being “categorically changed” by inspiring colleagues, particularly praising Watson’s influence. Her speeches often highlight collaboration and gratitude, resonating deeply with industry peers.

10. **Poised for Oscar history on March 15.** With no major losses this season, Buckley’s dominant run suggests a likely win for “Hamnet.” Her journey from Irish talent show contestant to global frontrunner underscores resilience, talent and an unwavering commitment to complex, emotionally rich roles.

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Buckley’s victory at the Actor Awards—streamed live on Netflix and hosted by Kristen Bell—came amid a night of surprises, including Michael B. Jordan’s upset lead actor win for “Sinners.” Backstage, Buckley expressed being “overwhelmed by the love” from fellow actors, calling the recognition especially meaningful.

As the Oscars near, Buckley’s sweep has shifted the best actress race decisively. Her portrayal in “Hamnet” captures profound grief with subtlety, drawing comparisons to past winners like Frances McDormand and Olivia Colman. Whether she claims the Oscar or not, Buckley’s 2026 run marks her as one of the most compelling talents of her generation.

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Ready-to-build wind farm ‘loses out to speculative projects’

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The Scottish government is in line for a windfall of almost £700m after the largest ever auction of the country’s seabed plots attracted bids from big oil and renewable energy companies hoping to build next generation windfarms.

Scottish Power has warned that “shovel-ready” offshore wind farms capable of contributing to the government’s 2030 clean power target have missed out on subsidy contracts to earlier-stage schemes that may not be built in time, or at all.

The row centres on the latest Contracts for Difference (CfD) subsidy auction, Allocation Round 7 (AR7), the results of which were published in January. CfDs guarantee developers a fixed price for the electricity they generate, underpinning the economics of large-scale renewable projects.

Scottish Power had hoped to secure backing for its £4 billion East Anglia One North offshore wind farm off the Suffolk coast. The project is fully consented and, according to the company, could power up to 900,000 homes. However, it failed to win a contract, losing out to six other offshore wind proposals.

Keith Anderson, chief executive of Scottish Power, said the outcome was particularly frustrating because his company could have moved immediately to a final investment decision.

“We had literally a shovel-ready project,” Anderson said. “We would have taken a final investment decision the day after being awarded the contract. Construction would have started immediately and the project would have been at full output before the end of 2030.”

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Instead, the winning projects include schemes that are at earlier stages of development. Two of the six do not yet have planning consent, and several have not finalised supply chain agreements.

Five of the successful bids were led by RWE, the German energy group. RWE acknowledged earlier this year that not all of its AR7 projects were likely to be operational by 2030, the government’s deadline for achieving 95 per cent clean electricity generation.

Anderson said the rule changes introduced for AR7, which allowed projects to bid before receiving planning consent and before locking in supply chain contracts, increased the risk of non-delivery.

“In the past, we’ve seen speculative bids,” he said, referencing previous offshore schemes that secured contracts but were later withdrawn when rising costs made them uneconomic. Inflation and supply chain pressures have previously forced developers to return CfD contracts rather than proceed at a loss.

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The concern is that early-stage projects could encounter similar cost overruns or planning delays, undermining the government’s clean power timetable.

RWE defended its position, stating that planning approvals for its outstanding projects were “well advanced” and that negotiations with suppliers were progressing. It said it remained confident that, subject to timely grid connections, its AR7 portfolio would be delivered.

The Department for Energy Security and Net Zero said the auction results “put us firmly on track to take back control by delivering clean, home-grown power by 2030”, maintaining that the CfD process continues to drive investment into offshore wind at scale.

The dispute highlights a broader tension within the UK’s energy transition strategy: whether auction rules should prioritise immediate build-readiness or maximise competition by including projects at earlier stages of development.

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For Scottish Power, the message to ministers is clear. Anderson said the company is now pressing the government to proceed swiftly with the next CfD auction round this year. “We can still get this project built by 2030,” he said. “It will contribute meaningfully to your net-zero target, but it needs certainty.”

As the race to meet the 2030 target intensifies, the credibility of the subsidy system, and its ability to translate auction wins into steel in the water, is likely to face increasing scrutiny from industry and investors alike.


Jamie Young

Jamie Young

Jamie is Senior Reporter at Business Matters, bringing over a decade of experience in UK SME business reporting.
Jamie holds a degree in Business Administration and regularly participates in industry conferences and workshops.

When not reporting on the latest business developments, Jamie is passionate about mentoring up-and-coming journalists and entrepreneurs to inspire the next generation of business leaders.

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Asian Paints, other paint stocks plunge up to 6% as Israel-Iran war fuels rally in crude oil prices: What lies ahead?

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Asian Paints, other paint stocks plunge up to 6% as Israel-Iran war fuels rally in crude oil prices: What lies ahead?
The shares of Asian Paints, Indigo Paints and other paint makers plunged up to 6% to multi-month lows on Monday as crude oil prices shot up amid strong escalations in the ongoing tensions in the Middle East after US and Israel attacked Iran, killing the latter’s supreme leader Ayatollah Ali Khamenei and sparking strong retaliation from the country.

Crude oil is a key raw material source for paint companies because many of their inputs are petroleum-based derivatives. Hence, the expectations of rising oil prices putting pressure on their margins may have dampened investor sentiment for the shares of these companies.

Asian Paints shares declined more than 3% to trade at Rs 2,298 apiece, the lowest level seen by the stock since June 27, 2025. The stock was among the top losers on benchmark indices Sensex and Nifty.

Indigo Paints shares plunged nearly 6% and Berger Paints shares tumbled more than 5% to hit their respective 52-week lows on Monday morning.

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Iran-Israel war fuels spike in oil prices

Brent Crude jumped more than 6.5% to $77.63 per barrel, while WTI Crude surged over 65 to $71.23 per barrel, as seen at around 11 am. More than 20% of the world’s oil passes through the Strait of Hormuz, which connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The heavy missile strikes around the area have raised worries about supply constraints, leading to a spike in oil prices.
At least three ships were attacked today near the Strait of Hormuz as Iran continues to launch retaliatory strikes across the Middle East, according to a report by BBC. The report mentioned that international shipping has almost come to a standstill at the entrance to the area.
Paint companies likely to face margin pressure from rising oil prices

This further fuelled concerns around supply disruption, boosting oil prices. “Upstream energy and defence may see relative support, while oil-sensitive sectors such as OMCs, paints, tyres, aviation and chemicals face margin pressure. Crude remains the key macro variable for Indian equities under the current escalation scenario,” said JM Financial in its latest note.

Notably, there is no official confirmation yet on whether the Hormuz Strait is closed, obstructing oil transport through the strait. UK’s second largest bank Barclays on Saturday increased its forecast for Brent Crude oil futures to $100 per barrel. “Oil markets might have to ‌face their ⁠worst ⁠fears on Monday. As things stand right now, we think Brent could hit $100 (per barrel), as the market grapples with the threat of a potential supply disruption amid a spiraling security situation in the Middle East,” the bank said in its report.

Iran is located along the Strait of Hormuz, through which approximately a fifth of the world’s oil supply passes, Ali Vaez, who heads the Iran Project at the International Crisis Group, said in a post on X. “Even limited disruption could spike energy prices, fuel inflation, and rattle global markets,” he added.

This comes amid broader market weakness, with Indian benchmark indices opening sharply lower and wiping off a significant chunk of investors’ wealth. At the open, Sensex plunged 2,743 points to start the day at 78,543, while the Nifty 50 plunged 519 points to open at 24,659. The sharp decline wiped off more than Rs 7.8 lakh crore from the total market capitalisation of all companies listed on the BSE at open.

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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Sacramento Kings Rookie Guard’s Rise from Colorado to NBA Breakout

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Nique Clifford

Sacramento Kings rookie guard Nique Clifford delivered a career-high 26 points on 11-of-18 shooting in a March 1, 2026, loss to the Los Angeles Lakers, continuing a strong recent stretch that has fans and analysts buzzing about his potential despite the team’s struggles. The 24-year-old, drafted 24th overall in 2025, has emerged as a reliable contributor amid injuries and a rebuilding phase for the 14-47 Kings.

Nique Clifford
Nique Clifford

Clifford’s latest performance—adding seven rebounds and four assists—capped a week that included a near triple-double (13 points, eight rebounds, seven assists) in a win over the Dallas Mavericks on Feb. 26. Over his past seven games, mostly as a starter, he averaged 11.2 points, 4.0 rebounds, 3.2 assists, 1.8 steals and 1.5 threes in 31.6 minutes per contest.

Here are 10 essential facts about Clifford, whose journey from high school standout to NBA rookie highlights perseverance, versatility and late-blooming talent.

1. **Born Dominique Akai Clifford on February 9, 2002, in Colorado Springs, Colorado.** At 24 years old (turning 24 in February 2026), Clifford is older than most rookies due to a full college career. His first name is pronounced “NEEK,” and his middle name “Akai” reflects family heritage. He grew up as an only child to parents Akai and Angelique Clifford.

2. **High school star at The Vanguard School in Colorado Springs.** Clifford earned Colorado Gatorade Player of the Year honors as a senior in 2020, averaging 26.3 points, 13.7 rebounds, 3.5 steals and 2.8 blocks per game. The multi-talented athlete helped lead his team to success while showcasing the rebounding and defensive instincts that define his game today.

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3. **Began college career at the University of Colorado Buffaloes (2020-2023).** Clifford played three seasons in Boulder, appearing in 82 games with 50 starts. He averaged 5.4 points and 3.6 rebounds overall, contributing to one NCAA Tournament appearance and two NIT berths. Highlights included a 17-point game against Oregon and a double-double versus Utah.

4. **Transferred to Colorado State for senior year explosion (2023-2024).** In his fifth and final college season, Clifford started all 36 games, averaging 18.9 points, 9.6 rebounds, 4.4 assists and 1.2 steals while shooting 49.6% from the field and 37.7% from three. He earned third-team All-Mountain West honors and helped the Rams to an NCAA Tournament upset win over Memphis.

5. **Drafted 24th overall by Oklahoma City Thunder in 2025, traded to Sacramento Kings.** On draft night, the Kings acquired his rights in exchange for a protected 2027 first-round pick. He signed a two-year, $6.37 million rookie contract with a team option for 2027-28, joining a crowded wing rotation featuring DeMar DeRozan, Zach LaVine, Malik Monk and Keegan Murray.

6. **Versatile 6-foot-5, 175-pound wing known for rebounding and defense.** Clifford excels as a rebounder for his size—leading Colorado State in rebounds and ranking high nationally in defensive boards. His ability to defend multiple positions, facilitate as a secondary playmaker and score efficiently has helped him earn minutes despite limited elite athletic traits.

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7. **Current NBA stats (2025-26 season):** Through 57 games (11 starts), Clifford averages 6.9 points, 3.2 rebounds, 1.8 assists, 0.9 steals and 0.3 blocks in 22.2 minutes. He shoots 39.7% from the field, 31.8% from three and 72.6% from the free-throw line. His recent surge shows growth in confidence and production.

8. **Recent breakout performances highlight upside.** Clifford’s 26-point night against the Lakers on March 1 followed strong showings like 15 points and four steals versus Houston. Analysts, including podcaster Matt George, note he’s “starting to figure things out,” praising his energy, rebounding and complementary skills in limited roles.

9. **Active on social media with motivational presence.** Under @otn_nique on Instagram (25,000 followers), Clifford shares updates from games, All-Star Weekend and personal insights. His bio includes “Prove em wrong,” references to the 719 area code (Colorado Springs), his agency and Colorado State, plus a faith symbol reflecting his values.

10. **Offers hope for Kings’ future amid tough season.** With Sacramento far from playoff contention, Clifford’s emergence provides optimism. Injuries to Murray and Westbrook have opened starting opportunities, where he averages 9.2 points, 4.7 rebounds and 2.9 assists. Fantasy experts monitor him closely as a waiver-wire add for defense and efficiency.

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Clifford’s path—from Colorado high school dominance to college transfer success to NBA contributor—embodies late-blooming potential. Named after NBA legend Dominique Wilkins, he continues proving skeptics wrong with versatile, high-motor play. As the Kings navigate the remainder of 2025-26, Clifford’s recent confidence surge suggests he could become a key piece moving forward.

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Oil Companies Warned Against Raising Petrol Prices Amid Middle East Conflict

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Oil tanker
Oil tanker
Jason Mitrione / Unsplash

A spokesperson from the NRMA has warned oil companies not to jack up petrol prices amid the conflict in the Middle East.

The concern over the supply of petrol comes as the Strait of Hormuz, where one-fifth of the world’s oil supply passes through, remains closed.

NRMA Warns Oil Companies

According to 9News, NRMA spokesperson Peter Khoury warned oil companies not to impose higher prices prematurely, stressing that the conflict in the Middle East should not be an excuse to “jack up prices.”

“We will be watching that closely,” Khoury stressed.

It should be noted that the spokesperson said that oil prices are indeed set to rise by 10 per cent initially, according to 9News.

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Khoury, however, that the impact on petrol prices in the country shouldn’t be felt for at least a week.

Strait of Hormuz

As the conflict between the United States, Israel, and Iran continue, the Strait of Hormuz has been closed by Iran.

According to the BBC, global oil prices have gone up after at least three ships have been attack at the Strait of Hormuz. These ships are reportedly from the US and the United Kingdom.

Iran has warned ships from passing through the strait. BBC noted, however, that some ships from Iran and China have been allowed passage.

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In response to concerns over the supply of oil, the Opec+ group of oil producing nations has agreed to increase their output by 206,000 barrels a day. However, some experts believe that this will not be of much help.

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Russian manufacturing sector contracts at slower pace in February, PMI shows

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Russian manufacturing sector contracts at slower pace in February, PMI shows


Russian manufacturing sector contracts at slower pace in February, PMI shows

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Global markets show resilience amid Middle East tensions: Matt Orton

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Global markets show resilience amid Middle East tensions: Matt Orton
Despite rising tensions in the Middle East over the weekend, global markets opened this week without the sharp declines many had feared. Analysts say investors had largely anticipated the escalation, limiting panic reactions.

Matt Orton from Raymond James Investment, noted that while there was a negative reaction to the news, it was more benign than expected. “Investors had been prepared for some hostilities given recent US-Iran negotiations. Crude prices have eased from the worst jumps, and some Asian futures are recovering. The key question is what happens to the Strait of Hormuz, which will guide energy prices over the next weeks.”

On commodities, Orton explained that markets had already priced in much of the risk. “Gold is well bid and crude already includes a $10 per barrel premium. There isn’t much room to rise unless more disruptions occur, but US naval presence may limit duration,” he said.

The strategist also weighed in on the recent US clampdown on AI company Anthropic, which has raised questions about returns on AI investments. “Anthropic’s Claude code is powerful, but the market faces two narratives: money spent on AI may not yield ROI soon, yet AI is rapidly being implemented. Investors must weigh where the trade goes. For now, I focus on companies benefiting from AI integration and capex spend,” Orton said.

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Looking at India, Orton highlighted the country’s attractiveness for global investors. “India has low correlation with the S&P 500. Even amid global risk-off scenarios, India performed well in 2022 and 2023. Being selective is key, but high-quality investments exist in India and globally, regardless of geopolitical tensions,” he explained.


As the week unfolds, market watchers will continue monitoring crude prices, the Strait of Hormuz, and investor sentiment. For now, careful preparation appears to have helped global markets weather the first shocks of geopolitical tension.

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Toyota Raises Offer Price For Toyota Industries To $132 Per Share

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Toyota Raises Offer Price For Toyota Industries To $132 Per Share

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Middle East Escalation Leaves Significant Upside For Oil And Gas Markets

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Middle East Escalation Leaves Significant Upside For Oil And Gas Markets

Middle East Escalation Leaves Significant Upside For Oil And Gas Markets

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Pakistan Manufacturing Sector Sees Record Job Growth in February

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Pakistan Manufacturing Sector Sees Record Job Growth in February

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