Startup CEO says humans won't be needed for translation in 3 years as it launches AI app

The Venta Maersk's 2018 voyage marked the first container ship journey from Asia to Europe via the Northern Sea Route, suggesting a shift in shipping patterns due to climate change. However, seven years later, the route remains underutilized, with only 3 million tonnes of cargo transported compared to the Suez Canal's 1.57 billion tonnes in 2023, as shipping lines cite economic, geopolitical, and environmental risks. While some smaller operators are exploring the route, major companies...

SINGAPORE: Income Insurance's chairman Ronald Ong will retire from the company's board but remain with NTUC Enterprise, its parent company. Ong, who has been with Income Insurance since 2018 and became chairman in 2019, will not seek re-election at the upcoming annual general meeting on June 24. Under his leadership, the company navigated significant changes, including corporatisation and enhancements to digital capabilities, while also facing challenges such as a blocked takeover bid by Allianz. Full...

The world's largest sovereign wealth fund, Norway's $1.9 trillion oil fund, is urging urgent reforms in Europe's capital markets to enhance competitiveness against the US and Asia, noting a decline in its European equity share from 26% to 15% over the past decade. The fund's market strategy chief, Malin Norberg, emphasized the need for harmonized tax and insolvency laws as barriers to investment opportunities persist, with a significant drop in listed companies in Europe contributing...

"Maybe Happy Ending" triumphed at the 2025 Tony Awards, winning six awards including Best Musical at Radio City Music Hall, where it competed against other major productions like "Buena Vista Social Club" and "Death Becomes Her." Nicole Scherzinger claimed Best Leading Actress in a Musical for her role in "Sunset Boulevard," while Cole Escola made history as the first non-binary winner for Best Leading Actor in a Play for "Oh, Mary!" The ceremony featured performances...

A Gaza-bound aid boat, the British-flagged yacht Madleen, carrying Greta Thunberg and other activists was diverted to Israel, with the Israeli foreign ministry stating the passengers would return home while humanitarian aid aboard would be transferred to Gaza through official channels. The Freedom Flotilla Coalition (FFC) claimed the activists were "kidnapped" by Israeli forces, which had been instructed to prevent the vessel from reaching Gaza. Despite the diversion, humanitarian concerns remain, as the region faces...

Aftermath of Tennessee plane crash captured on videoA skydiving plane, a DeHaviland DH-6 Twin Otter, crashed shortly after takeoff from Tullahoma Regional Airport on June 8, 2025, with 20 people on board. Emergency responders airlifted three victims to hospitals, while others received treatment for minor injuries at the scene, with no fatalities reported. The FAA and NTSB are investigating the incident, which occurred due to an "unknown issue" leading to an impact with trees and...