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Business Standard
30-04-2025
- Business Standard
NothingOS update for Phone 3a and enhanced Essential Space now rolling out
Nothing has started rolling out a new OS update for its Phone 3a and 3a Pro smartphones, bringing a mix of new features and camera improvements. Alongside the OS update, Nothing has also released a separate upgrade for its AI-driven Essential Space hub. Here's what is new: Update for Nothing Phone 3a series: What is new Privacy Space: The highlight of the update is a new feature called Privacy Space, which creates a secure section within the app drawer where users can store apps and data separately. This space is accessible by swiping right in the app drawer and supports its own password for added security. Camera improvements: For the camera, the update adds support for 4K video recording at 30fps via the telephoto lens. On the Phone 3a Pro, the telephoto sensor activates at 3x zoom, while it kicks in at 2x zoom on the standard Phone 3a. The update also brings improvements to the overall image processing which the company said improves skin details and colour balance on selfies, improves brightness for low light shots from telephoto cameras, and more. Also Read Other improvements: The update brings the April 2025 security patch. It introduces a new Hotspot Manager to better control connected devices. It brings support for the newly launched CMF Buds 2. General bug fixes and UI enhancements. How to update to the latest Nothing OS version: Go to the Settings app on a Nothing Phone 3a series device. Scroll down and tap on 'System' settings. Within the System menu select 'System updates.' Check for new updates, and if available tap on 'Download and Install.' The process will start automatically. Essential Space update: What is new Nothing has also released a new update for its AI-powered 'Essential Space'. Introduced with the Nothing Phone 3a series, the AI hub uses the additional 'Essential Key' on the side of the smartphone to record, save and organise visual, text and audio notes. Additionally, this feature automatically sets up reminders and calendar events based on the saved content. The new update brings the following changes: A new 'Reminder detail' page that lets users edit times and contents of AI-created reminders. Faster response times and reduced lag. General performance and stability fixes. It should be noted that the Essential Space update is not a part of the Nothing OS update rolling out for Phone 3a series. Instead, it will update automatically when the smartphone has an active internet connection. The AI-powered Essential Space is currently available on the following Nothing devices: Nothing Phone 3a Pro Nothing Phone 3a CMF Phone 2 Pro About Nothing In related news, Nothing says it continues to be India's fastest-growing smartphone brand. The company said that the Counterpoint Research Q1 2025 India Smartphone Shipment report has named the British consumer technology brand as the fastest growing smartphone brand in India this quarter. As per the report, Nothing has recorded a 156 per cent year-on-year growth. The company also said that this is the fifth consecutive quarter where Nothing has maintained its position as the fastest growing brand in the country.
CBC
29-04-2025
- Automotive
- CBC
Trump will reduce some tariffs on the auto industry, according to White House officials
U.S. President Donald Trump's administration will move to reduce the impact of his automotive tariffs on Tuesday by alleviating some duties imposed on foreign parts in domestically manufactured cars and keeping tariffs on cars made abroad from piling on top of other ones, officials said. "President Trump is building an important partnership with both the domestic automakers and our great American workers," Commerce Secretary Howard Lutnick said in a statement provided by the White House. "This deal is a major victory for the president's trade policy by rewarding companies who manufacture domestically, while providing runway to manufacturers who have expressed their commitment to invest in America and expand their domestic manufacturing. The Wall Street Journal, which first reported the development, said the move meant car companies paying tariffs would not be charged other levies, such as those on steel and aluminum, and that reimbursements would be given for such tariffs that were already paid. A White House official confirmed the report and indicated the move would be made official on Tuesday. Trump is traveling to Michigan on Tuesday to commemorate his first 100 days in office, a period that the Republican president has used to upend the global economic order. The move to soften the effects of auto levies is the latest by his administration to show some flexibility on tariffs, which have sown turmoil in financial markets, created uncertainty for businesses and sparked fears of a sharp economic slowdown. Automakers said earlier on Monday they were expecting Trump to issue relief from the auto tariffs ahead of his trip to Michigan, which is home to the Detroit Three automakers and more than 1,000 major auto suppliers. WATCH | What the original auto tariff plan meant for Canada: Why experts think Trump's new auto tariff plan 'defies logic' | About That 1 month ago Duration 10:06 U.S. President Donald Trump plans to levy a new 25 per cent tariff on vehicles imported to the United States. Andrew Chang explains why this latest threat is different, and why it's concerning trade and industry experts. General Motors CEO Mary Barra and Ford CEO Jim Farley praised the reported changes. "We believe the president's leadership is helping level the playing field for companies like GM and allowing us to invest even more in the U.S. economy," Barra said. Farley said the changes "will help mitigate the impact of tariffs on automakers, suppliers and consumers." Last week, a coalition of U.S. auto industry groups urged Trump not to impose 25 per cent tariffs on imported auto parts, warning they would cut vehicle sales and raise prices. Trump had said earlier he planned to impose tariffs of 25 per cent on auto parts no later than May 3. "Tariffs on auto parts will scramble the global automotive supply chain and set off a domino effect that will lead to higher auto prices for consumers, lower sales at dealerships and will make servicing and repairing vehicles both more expensive and less predictable," the industry groups said in the letter. The letter from the groups representing GM, Toyota, Volkswagen, Hyundai and others, was sent to U.S. Trade Representative Jamieson Greer, Treasury Secretary Scott Bessent and Lutnick. "Most auto suppliers are not capitalized for an abrupt tariff induced disruption. Many are already in distress and will face production stoppages, layoffs and bankruptcy," the letter added, noting "it only takes the failure of one supplier to lead to a shutdown of an automaker's production line."
CBC
02-04-2025
- Business
- CBC
Ontario braces for impact of Trump tariff announcement coming Wednesday
Ford speaks to U.S. media as Canada braces for Trump's tariffs 38 minutes ago Duration 3:57 Social Sharing Ontario, like much of the globe, is holding its breath and waiting for details to emerge from U.S. President Donald Trump's tariff plan Wednesday. Trump has dubbed it Liberation Day and is scheduled to reveal the full scope of his protectionist trade policy at 4 p.m. ET in the White House Rose Garden. But while Trump will almost certainly strike a celebratory tone for the announcement, trepidation reigns for others — like Ontario Premier Doug Ford, who continued appearing on U.S. news shows Wednesday, warning of negative impacts on both sides of the border. "He calls it Liberation Day. I call it Termination Day, because people are going to be losing their jobs across the U.S.," Ford said on CNBC. "You can't just all of a sudden put tariffs on every part and every widget that comes across the border. "[Trump] believes he is supporting Americans. He said he was going to create jobs, create wealth, reduce inflation — it's worked the total opposite." WATCH | Experts examine auto tariff plan: Why experts think Trump's new auto tariff plan 'defies logic' | About That 2 days ago Duration 25:38 Trade war putting relations at risk: Chow The White House insists these tariffs will achieve several simultaneous goals: raise revenues, pay for tax cuts and force companies to build in the U.S. The stock market doesn't appear to be convinced however — it has lost all its gains since the American election. Speaking at a virtual gathering of several U.S. and Canadian mayors from the Great Lakes and St. Lawrence Cities Initiative Wednesday, Toronto Mayor Olivia Chow said that Toronto does $123 billion in trade with the U.S. each year. "Unfortunately, President Trump's trade war is putting it all at risk," Chow said. "People on both sides of the border … are feeling anxious — they're worried about their jobs and the impact this trade war will have on their cost of groceries, gas, homes, cars, and it really doesn't have to be that way." Chow called on on Trump to "end these threats once and for all." "Let us not hurt each other," she said. "We have a shared commitment to look out for each other, to make sure our communities stay connected, to work together despite these challenges." Questions abound Many questions remain about exactly what measures will be revealed Wednesday, such as whether Trump will announce one flat global tariff or multiple so-called reciprocal measures. The White House isn't saying. Media reports suggest it's still being debated internally, despite Trump having spent two years campaigning on this idea. "Are they imposed on countries? Are they imposed on commodities?" asked Thomas Schaller, professor of political science at University of Maryland while speaking on CBC Radio's Metro Morning Wednesday. "And if it's commodities, is it the entire commodity or are the parts included?" WATCH | 'Rebirth' of a nation, Trump says: Trump says April 2 tariffs will be 'rebirth' of a country | Hanomansing Tonight 2 days ago Duration 5:13 In just a few days, Donald Trump is promising to use tariffs to, in his view, liberate his country from foreign goods by imposing tariffs that will target all countries. CBC News correspondent Richard Madan has the latest from Washington, shortly after Trump spoke to reporters Monday. And yet another question, Schaller said: "How long before he starts clawing them back?" Flavio Volpe, president of the Automotive Parts Manufacturers' Association, told CBC News the duties announced Wednesday could include a broad 20 per cent retaliatory tariff, or they might target specific countries — and some countries might get off easier than others. But Volpe stressed that "when those things go through, people will lose jobs. Regular people who don't have a voice in Washington or in Ottawa are going to lose their jobs."
CBC
01-04-2025
- Automotive
- CBC
World braces for battery of Trump tariffs on Wednesday
Social Sharing After spending more than two years teasing tariffs, tomorrow is the big reveal: the moment U.S. President Donald Trump unveils the full scope of his protectionist trade policy. He's calling it Liberation Day and he's planning to celebrate it Wednesday afternoon in a splashy 4 p.m. ET event in the White House Rose Garden. "[This] will go down as one of the most important days in modern American history," White House press secretary Karoline Leavitt said. To skeptics, it's making history for all the wrong reasons. The global economy, already jittery, will be on a knife's edge awaiting specifics of this plan, which could impose broader U.S. tariffs than anytime since the Great Depression. The White House boldly insists these tariffs will achieve several simultaneous goals: raise revenues, pay for tax cuts and force companies to build in the U.S. WATCH | Trump tariff plan 'defies logic': Why experts think Trump's new auto tariff plan 'defies logic' | About That 1 day ago Duration 25:38 The stock market isn't convinced — it's lost all its gains since the election. Consumer sentiment has plunged. And Capitol Hill is getting anxious. Here's one reason for the consternation: The most elemental details of Trump's plan are still in flux. On the very eve of the announcement, there were contradictory leaks in U.S. media. Will this be a global tariff of 20 per cent? Or will it be several smaller tariffs that penalize specific actions of different countries? Members of Trump's team were still debating the details this week. Then there's the question of what happens to previously announced tariffs — will they disappear, or be stacked onto these, meaning a tariff atop a tariff? Whatever happens, the auto industry already faces a crisis, according to one representative. Flavio Volpe, president of the Automotive Parts Manufacturers' Association, Canada's main auto-parts lobby group, says the industry's profit margins would be wiped out, several times over, by tariffs already scheduled to take effect Wednesday, apart from any new ones Trump plans to announce. WATCH | 'Rebirth' of a nation, Trump says: Trump says April 2 tariffs will be 'rebirth' of a country | Hanomansing Tonight 18 hours ago Duration 5:13 Auto industry warns of crisis "It will shut down the industry within a week. On both sides of the border," said Volpe. "The math doesn't work. That's why it's all going to shut down.… We may need to prove that the math doesn't work, for the White House to reverse course." For those keeping score, Trump has already imposed duties of 25 per cent on many Canadian and Mexican products; of 10 per cent on energy; 25 per cent on steel and aluminum — used by manufacturers, including car companies — and now a 25 per cent duty on vehicles assembled outside the U.S., plus duties on some parts, with the threat of more parts being added later. In the face of this, Democrats are looking to deliver a political black eye for Trump's big day. They will force several hours of debate, followed by a vote, on Senate Resolution 37. That motion would terminate Trump's national-security justification for the tariffs on Canada, specifically for the initial 25 per cent duty imposed supposedly because of Canada's role in the fentanyl trade. It would be mainly symbolic. The bill's sponsor, Sen. Tim Kaine, says he's close to locking up the necessary votes to pass it, and already has support from three Republicans: Rand Paul, Susan Collins and Thom Tillis. "Our constituents are hopping mad about this," the Virginia Democrat told CBC News. "My… constituents are furious about this. They're pro-Canada, they're pro-trade with Canada, and they are anti-higher prices on building supplies, groceries, fertilizer, aluminum and steel." WATCH | 'Fake' emergency, says Kaine: Trump's tariffs based on 'fake Canadian emergency,' says U.S. Sen. Tim Kaine 6 hours ago Duration 12:22 The U.S. Senate is set to vote Tuesday on a resolution from Democratic Sen. Tim Kaine of Virginia to challenge U.S. President Donald Trump's use of the International Economic Emergency Powers Act, to declare an emergency at the northern border in order to hit Canada with tariffs. If the resolution gets "a good, solid bipartisan vote in the Senate, that's going to be a powerful message to Donald Trump and his economic advisers: 'You are playing with fire. Don't raise taxes on Americans on their groceries and building supplies at a time when the economy is softening,'" Kaine said. If it passes, it would be an embarrassing message for Trump on his big tariff day — a rejection from the Senate, which his party controls. However, substantively, it might mean very little. The bill will almost certainly not be brought for a vote in the House. Even if it did somehow pass the House, Trump could still veto it anyway. In any case, this would only undo one set of tariffs, the ones supposedly about fentanyl. Still, it's an early test of the politics of Trump tariffs. Democrats play up Canada tariffs Democrats increasingly see tariffs as a winner for them and a loser for Trump — especially those on Canada. Some of the biggest figures in the party joined Kaine for a news conference outside the Capitol on Tuesday. They previewed a message they're likely to carry into the midterms: that Trump is effectively taxing ordinary Americans, collecting duties on goods they use, in order to pay for tax cuts for billionaires. They've been assisted in that messaging from Trump himself — who just said he doesn't care if prices go up for goods in the short term. "The Republicans are squirming," said the Democrats' Senate leader, Chuck Schumer. Trump is now working to stiffen their spines. He's promising a new golden age of American manufacturing, if the party can tough out the initial storm. In danger of being repudiated by Congress, in that vote expected Wednesday, Trump has issued a warning to his party: Support my Canada tariffs. "Don't let the Democrats have a Victory," Trump posted, referring to the Senate vote. "It would be devastating for the Republican Party and, far more importantly, for the United States. MAKE AMERICA GREAT AGAIN!" Now Washington watches the White House. Not only Washington, but also Wall Street's traders, and Windsor, Ont.'s auto workers, and anyone else with a stake in trade with the U.S. The biggest unknown is whether Trump will announce one flat global tariff, or a bunch of tit-for-tat so-called reciprocal measures. The White House isn't saying. Media reports suggest it's still being debated internally — despite Trump having spent two years campaigning on this idea. Each approach comes with challenges. The first idea, the global tariff, is a blunt instrument that could more easily clobber the U.S. into a recession. The latter is painfully complex; trade experts have been saying for weeks that there's no way Trump's team could create this system by April. At an event in February, at the conservative American Enterprise Institute, one trade-policy expert said unflinchingly that April 2 would be a mess. There's just no way, he said, to properly design country-by-country reciprocal tariffs this fast. "They won't get close," Derek Scissors said, over a month ago.
Yahoo
31-03-2025
- Business
- Yahoo
CN to Report First-Quarter 2025 Financial and Operating Results on May 1, 2025
MONTREAL, March 31, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its first-quarter 2025 financial and operating results after the market close on May 1, 2025. CN's senior officers will review the results and the railway's outlook in a conference call starting at 4:30 p.m. Eastern Time on May 1. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (International), using 3839820 as the passcode. Participants are advised to dial in 10 minutes prior to the call. CN will provide a live webcast via the Investors section of its website at A replay of the webcast will be available following the event. About CNCN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada's Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since Michnowski Stacy Alderson Senior Manager Assistant Vice-President Media Relations Investor Relations (438) 596-4329 (514) 399-0052 media@ in to access your portfolio
