France's Dassault, Reliance Infrastructure unit to make Falcon 2000 business jets in India
June 18 (Reuters) - A unit of India's Reliance Infrastructure (RLIN.NS), opens new tab and France's Dassault Aviation (AM.PA), opens new tab have partnered to manufacture Falcon 2000 business jets in India, the companies said in a joint statement on Wednesday.
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Reuters
27 minutes ago
- Reuters
Exclusive: Indian refiners cancel palm oil orders for July-Sept as prices surge
MUMBAI, June 18 (Reuters) - Indian refiners cancelled orders for 65,000 metric tons of crude palm oil (CPO) scheduled for delivery from July to September following a sudden surge in benchmark Malaysian prices, four trade sources told Reuters. Refiners in the world's largest palm oil importer cancelled the orders in the past three days after Malaysian palm oil futures rose more than 6%, hedging their risk against the prospect of falling prices by locking in a profit. "There is a lot of volatility in the market. There was more margin in cancelling bought CPO than in importing, refining, and selling refined palm oil in the local market," said an Indian buyer who operates a refinery on the west coast and cancelled shipments for July delivery. Indian buyers made CPO purchases nearly a month ago around $1,000 to $1,030 per ton, including cost, insurance, and freight, after a rebound in palm oil production brought down prices to their lowest in more than eight months. This week, palm oil futures jumped, tracking a rally in Chicago soyoil futures after the U.S. proposed higher biofuel blending volumes. The sudden rise prompted Indian refiners to cancel contracts at between $1,050 and $1,065 per ton, making a profit of more than $30 per ton, said the sources who spoke on condition of anonymity because they were not authorised to speak to media. Buyers agreed to contract cancellations by accepting a price slightly lower than the current market rate, a decision mutually reached with sellers, said a New Delhi-based dealer with a global trading house. The CPO is being offered at about $1,070 a ton in India for July delivery, compared to $1,020 to $1,030 a month ago. Despite the cancellations, Indian imports are poised to rise in coming months after falling far below average in recent months, bringing down inventories, said Sandeep Bajoria, chief executive of Sunvin Group, a vegetable oil brokerage. India's palm oil imports hit a six-month high in May, driven by low inventories and the oil's price discount to rival soyoil and sunflower oil. Indian buying had gained momentum after India last month halved the import duty on CPO, but the cancellations have disrupted that momentum, said a Kuala Lumpur-based trader with a palm oil producing company.
Daily Mail
an hour ago
- Daily Mail
Check your phone NOW: Major mobile brand will delete thousands of accounts within weeks - how to check if you're affected
If you're a smartphone user, urgent action may be needed to avoid losing your personal data. Samsung has warned customers that they have only weeks to save their Samsung account from deletion. The free membership service lets people view and manage content across smartphones, tablets, TVs and more. If affected users don't act fast, important data such as photos, videos, contacts, calendar events could be lost for good. But even iPhone users can be affected too – if they previously used a Samsung phone. The Korean tech giant said the 'important changes' to its policy leaves many Samsung account 'subject to deletion'. 'Accounts and data that are deleted cannot be restored,' it warns. Here's how to check if you're affected – and the steps you'll need to take. In an email being sent to users, Samsung said its new policy is effective from July 31 – in just over six weeks' time. The policy will delete Samsung accounts that have been inactive for two years. The message reads: 'Thank you for using Samsung account. 'We are writing to inform you of important changes related to using your Samsung account. 'Samsung is implementing an inactive Samsung account policy to protect the data of users who have not used their account for an extended period of time. 'Once this policy is implemented, Samsung accounts that have not been logged in to or used for twenty-four (24) months will be considered inactive and will be subject to deletion. 'If an account is deleted, access to the account will be restricted and all data linked to the account will be deleted.' It adds that deleted accounts and data cannot be restored, although some may be saved in 'accordance with local legal requirements and applicable legislation'. For those people who haven't used their Samsung Account for a while, it might be worth doing so as soon as possible What is a Samsung account? A Samsung account is a membership service that lets people use Samsung content on smartphones, tablets, TVs and more. It includes access to services such as Samsung Pay for mobile payments, Samsung Cloud for backing up data and SmartThings for connecting devices. People can use multiple Samsung services with one Samsung account, without having to register for each service separately. A Samsung account includes access to services such Samsung Cloud, which stores personal data including photos, videos, contacts, calendar events and more. It also includes Samsung Health details, Samsung Pay for mobile payments and SmartThings for managing connective devices, like TVs and fridges. So there's potentially a lot of personal data at risk of being lost forever if Samsung customers don't act soon. If you're a regular Samsung account user anyway, you needn't worry about the company's new policy. For those who haven't used theirs for a while, the problem can be averted by logging into your Samsung account. This can be done by tapping on the Settings app on your Samsung device, followed by a banner on the top that reads 'Sign in to your Galaxy'. You'll then be prompted to enter your email address and your password (or you can sign in with your Google account). Alternatively, on a desktop you can head to click 'Sign in' and then enter your email address and password likewise. Logging into your Samsung account, or using a service/product while logged in to a Samsung account, counts as activity that will save it from being deemed 'inactive'. If you use an iPhone but used to be a Samsung user, it might be worth turning on your old smartphone (if you have it) and logging into Samsung account. That way, your old personal data under your Samsung account such as photos and videos will be saved. If you cannot see the email from Samsung in your inbox, you probably logged into your Samsung account recently – but it would be risky to leave it too long before doing so in the future. Samsung will likely send further email warmings as it gets closer to the July 31 deadline before the policy is implemented. 'Notifications will be sent to your email address before your account is deleted to prevent unwanted deletion,' it adds. It follows a similar move from Google, which started deleting inactive accounts in December 2023. Samsung's full email to users Dear Customer, Thank you for using Samsung account. We are writing to inform you of important changes related to using your Samsung account. Samsung is implementing an inactive Samsung account policy to protect the data of users who have not used their account for an extended period of time. Once this policy is implemented, Samsung accounts that have not been logged in to or used for twenty-four (24) months will be considered inactive and will be subject to deletion. If an account is deleted, access to the account will be restricted and all data linked to the account will be deleted. Accounts and data that are deleted cannot be restored. However, some data may be retained in accordance with local legal requirements and applicable legislation. Policy effective date: 31 July 2025 Key details of policy: Deletion of Samsung accounts that have been inactive for twenty-four (24) months. Samsung defines account usage/activity as follows: Creating a Samsung account Logging in to Samsung services/products using a Samsung account Using a service/product while logged in with a Samsung account To prevent your account from being deleted, and to ensure proper use of Samsung Services, your account must have at least one usage/activity every twenty-four (24) months. However, there are some exceptions to this policy and accounts that meet at least one of the exceptions will be considered active. Exceptions include, registered family accounts, accounts with a record of accumulating/using reward points, and accounts used to purchase products on You can see the complete list of exceptions here. Notifications will be sent to your email address before your account is deleted to prevent unwanted deletion. In addition, we are making a change to how we notify you about updates to our Terms and Conditions. Moving forwards, we will notify you via email only when material changes are made, those that directly affect your rights and obligations. If you need help with your Samsung account, please contact the Help Center at Thank you.
Finextra
an hour ago
- Finextra
AdvanThink and Quandela to integrate Quantum AI into payment fraud detection models
AdvanThink, the European leader in payment fraud detection, and Quandela, a French start-up and leader in photonic quantum computing, have formed a scientific partnership to create the future of payment fraud detection. 0 The promise? By combining the potential of the two technologies, the two partners will create the solution of the future, which will be even more effective and efficient than today's state-of-the-art solutions. Detecting payment fraud in real time is a major technological, operational and strategic challenge that concerns us all. Faced with the constant evolution of fraud techniques, AdvanThink has been developing strategic tools based on Artificial Intelligence for 35 years, so that we can learn continuously and adapt. In this race for performance, Artificial Intelligence is emerging as a strategic tool, capable of spotting weak signals on a large scale, with unprecedented precision and speed. But the demands of tomorrow will be even greater: models that are ever faster, more accurate, more energy-efficient and more resistant to sophisticated attacks. With this in mind, AdvanThink and Quandela are working together to explore the potential of quantum computing to push back the boundaries of state-of-the-art fraud detection. The aim of the scientific partnership is initially to produce a proof of concept demonstrating the value of integrating a Quantum Machine Learning algorithm into AdvanThink's industrial processes. "For 35 years, AdvanThink has placed technological innovation at the heart of its development strategy. Quantum AI holds great promise for fraud detection and represents a real innovation lever for building tomorrow's payment security - and financial institutions need to start thinking about this transformation now. We have already succeeded in integrating Quandela's technology into an AdvanThink pipeline with all the prerequisites of an industrial system ready for deployment. This first demonstrator is full of promise for experts in the fight against fraud," says Brice Perdrix, CEO of AdvanThink. "Quandela has developed a quantum machine learning model to improve credit risk assessment. This algorithm also has great potential for detecting payment fraud. The partnership with AdvanThink means that this model can be integrated into an industrial workflow and compared with the best products available on the market", explains Niccolo Somaschi, co-founder and CEO of Quandela.
