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UK BP appears to be attracting many possible buyers for the Castrol lubricant business as the struggling oil giant is trying to avoid future acquisitions. According to Bloomberg, energy companies including India’s Reliance Industry, Saudi Arabia’s petroleum Behemoth Aramco, private equity firm Apollo Global Management and the Lonely Star Fund are all touted as suitors for BP’s Castrol unit. Castrol’s sales are expected to attract between $8 billion and $10 billion. BP, which began a strategic review of the Castrol unit in late February, declined to comment on the speculation. The report is well maintained as BP is in the…
US police arrested a male suspect in what was quickly referred to as a “targeted terrorist attack” after at least six people were injured in an outdoor mall in the town of Boulder, Colorado. The attack was gathered on Sunday by demonstrators with a group of volunteers called Run for Their Life to draw attention to the light-shape of Israeli prisoners remaining in Gaza. According to FBI special agent Mark Mikalek, the suspect, identified as 45-year-old Mohamed Sabri Soliman, shouted “Free Palestine” and used a makeshift flamethrower in the attack. Soliman was taken into custody. The charges were not released…
The opener scored 46-107 as the Pakistan Chase 197, with seven wickets in hand and 16 balls in a 3-0 series victory.A meaningless century from Mohammad Harris led Pakistan’s 197-run pursuit, winning the third T20 international cricket match against Bangladesh, achieving a 3-0 series victory in Lahore. Pakistan first sought a blow in Sunday’s third match at Gaddafi Stadium in Pakistan’s eastern metropolis after winning the first two matches after picking bowling first. Given the tricky target of 197, Pakistan lost Sabzadafahan, the best scorer in the second T20I, to Medee Hasan Millers. Old Pakistan may have collapsed under pressure…
Elad Gil began betting on AI before most of the world was on the spot. By the time investors began to understand what ChatGpt meant, Gil had already written seed checks for startups such as Perplexity, Charition.ai and Harvey. Now, as the early winners of AI Wave become more clear, the well-known “solo” VCs are increasingly focusing on new opportunities. Reinvent traditional business using AI and scale it through rollups. The idea is to identify opportunities to buy mature people, such as law firms and other professional services companies, expand AI, use improved margins to acquire other such businesses, and…
A 12 crew, including climate activist Greta Samberg, expects it will take seven days to reach Gaza.The international nonprofit Freedom Flotilla Coalition (FFC) says it left Sicily to provide humanitarian assistance to Gaza after previous attempts failed to attack another ship in the Mediterranean Sea. A 12-person crew, including Swedish climate activist Greta Samberg, Irish actor Liam Cunningham and Franco Palestine’s Mep Lima Hassan, set sail from the port of Catania on Sunday to Madrien, carrying barrels of relief supplies called “limited amounts.” The voyage comes after a conscience, another ship run by the group, was attacked by two drones…
Officials say they received drone attacks deep within Russia during a massive Ukrainian operation deep within Russia ahead of peace talks scheduled to begin in Istanbul on Monday. The Russian Ministry of Defense said Ukraine launched drone strikes targeting Russian military airfields in five regions on Sunday, with several aircraft fired. The attacks occurred in Murmansk, Irkutsk, Ivanovo, Ryazan and Amur regions. The ministry said air defense repelled attacks in all but two areas. “In the Murmansk and Irkutsk regions, several aircraft have been fired due to the launch of FPV drones from areas close to the airfield,” the ministry…
Oscar Piastri strengthened his lead at the Formula One World Championship, beating McLaren teammate Rand Norris, and Max Verstappen drops to 10th place after a post-race penalty.Formula One Championship leader Oscar Piastri won the Spanish Grand Prix from pole position in McLaren One Two and scored 10 points from his teammate Lando Norris in the World Championship title battle. Australia’s victory on Sunday in 2.4 seconds at Norris was fifth in nine races this season, while McLaren was seventh. Ferrari’s Charles Leclerc completed the podium on Sunday after finishing six laps from the end of Max Verstappen’s Red Bull after…
In “The Optimist: Sam Altman, OpenAI, and the Race to Invent the Future,” Wall Street Journal reporter Keach Hagey examines our AI-obsessed moment through one of its key figures — Sam Altman, co-founder and CEO of OpenAI. Hagey begins with Altman’s Midwest childhood, then takes readers through his career at startup Loopt, accelerator Y Combinator, and now at OpenAI. She also sheds new light on the dramatic few days when Altman was fired, then quickly reinstated, as OpenAI’s CEO. Looking back at what OpenAI employees now call “the Blip,” Hagey said the failed attempt to oust Altman revealed that OpenAI’s…
India’s defense chief General Anil Chauhan admitted that an unspecified number of fighter jets were shot down during a conflict with Pakistan last month. The approval of air losses by the country’s highest ranking general comes weeks after two South Asian neighbours engaged in the heaviest fighting in decades, involving fighter jets and cruise missiles. Indian officials had previously refused to confirm or deny Pakistan’s claim to defeat Indian jets. The conflict was caused after the murder of 26 tourists in the Indian-controlled town of Pahargam, Kashmir on April 22. India’s first official entry on the loss of fighter jets…
Foreign ministers of Egypt, Jordan, Qatar, Saudi Arabia and the United Arab Emirates had discussed the Palestinian state and planned a visit to end the war with Gaza.Saudi Arabia denounced Israel for “extremism and rejection of peace” after blocking the Arab foreign minister’s planned visit to the occupied West Bank. Saudi Arabia’s Prince Faisal bin Fahan Al Saud made a speech on Sunday at a joint press conference in Amman, Jordanian capital, along with his counterparts in Jordan, Egypt and Bahrain. “The Commission’s refusal to visit the West Bank is affirmed by embodying its extremism and rejection. [a] A peaceful…