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Home Blog Page 44

How to unwind in a hyperconnected world

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In today’s world, where we’re constantly plugged in, it’s easy to think that truly unwinding means putting our devices down completely. But the truth is, you don’t have to go offline entirely to find peace and relaxation.

The challenge is learning how to switch off from the constant buzz of notifications, emails and social media while still using your devices in ways that support your wellbeing. It’s also about balancing screentime with other hobbies.

Low-effort, high-reward hobbies

You don’t need to take up something elaborate or time-consuming to get a sense of relaxation. For example, colouring in an adult colouring book can be a surprisingly therapeutic way to disconnect. It requires just enough concentration to pull you away from your phone but not so much that it feels like another task. Or you could try knitting or simple jigsaw puzzles.

The beauty of these hobbies lies in their simplicity. You can fit them into any part of your day and do them at your own pace.

Playing for fun

Remember the days when you played games just for the fun of it? In a world where everything seems to come with a goal or outcome, it’s refreshing to bring back play for play’s sake.

You don’t need to commit to competitive gaming. Sometimes, simple activities like a casual game can be an ideal way to let your mind switch off. It’s light-hearted, fun and offers a break from your regular digital routine. Online bingo is easy to play, requires minimal brainpower and doesn’t drag you into any high-stress scenarios.

The key to unwinding here is the lack of pressure. Play simply for enjoyment, without worrying about winning or impressing anyone.

Evening rituals

Establishing a relaxing evening ritual is one of the best ways to gradually transition from the fast pace of your day to a peaceful night’s sleep. The aim is to create a routine that signals to your body that it’s time to unwind, without digital distractions.

Set a time to switch off your devices. Instead of scrolling through your phone, choose a book, listen to calming music or meditate for a few minutes.

Balancing online and offline hobbies

Finding the balance between online and offline hobbies is essential to staying mentally healthy in a hyperconnected world. It’s easy to get caught up in the vast world of digital entertainment, but it’s also important to make space for offline activities that can recharge you in different ways.

Incorporate something tactile into your routine, like gardening, cooking or painting. These offline activities pull your attention away from screens and offer a much-needed sensory experience that helps you reconnect with the present.

If you enjoy your online hobbies but feel the need to take a step back, try limiting screen time or setting specific boundaries around how long you’ll engage in digital activities.

BNP Paribas Moves to Lift Stake in Ageas to 22.5% in €3bn Deal, Tightening Grip on Belgium’s Insurance Market

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BNP Paribas is preparing a major reshuffle of its insurance footprint in Belgium, announcing a €3 billion two-part transaction that will lift its stake in Ageas — the country’s largest insurer — to 22.5% from 14.9%.

The move, confirmed by both companies on Monday, positions Europe’s biggest bank by assets as the dominant anchor shareholder in one of Belgium’s most influential financial firms.

At the center of the deal is a swap that effectively consolidates Ageas’ control over its core insurance engine while giving BNP Paribas a firmer hold on the parent company. BNP Paribas will sell its 25% stake in AG Insurance to Ageas for €1.9 billion. To simultaneously deepen its influence at the group level, the French bank — acting through its insurance arm, BNP Paribas Cardif — will invest €1.1 billion into Ageas at an agreed price of €60 per share.

Ageas’ stock closed at €56.9 on Friday, giving BNP a slight premium but also securing its position with enough heft to shape the company’s future.

For Ageas, this is a transformative moment. AG Insurance is the beating heart of its Belgian operations, and full control of the unit gives it maximum autonomy to push ahead with long-term strategic plans, particularly in life insurance, pensions, and corporate risk. The transaction also allows Ageas to reorganize capital allocation across the group, which it signaled by raising its 2027 free cash flow target from €2.3 billion to €2.6 billion and lifting its shareholder distribution goal from €2 billion to €2.2 billion.

BNP Paribas, meanwhile, is betting on the long runway of bancassurance growth in Belgium — a segment that combines banking and insurance products under a single distribution umbrella and has been a profitable pillar for the group for years through BNP Paribas Fortis.

“We see significant potential in the growth prospects of BNP Paribas Fortis’ bancassurance business through the partnership with AG Insurance,” CEO Jean-Laurent Bonnafé said, casting the deal as a pivot toward influence rather than direct operational ownership.

The pivot includes a renewed exclusive bancassurance agreement between BNP Paribas Fortis and AG Insurance, locking in future distribution and revenue streams. On top of that, AG Insurance and BNP Paribas Asset Management will form a new investment partnership, extending the collaboration deeper into the group’s asset-gathering machinery. Ageas also confirmed the bank will gain the right to nominate one director to its board.

A Strategic Reset Years in the Making

This transaction caps years of repositioning by BNP Paribas in Belgium. The bank has steadily strengthened its influence in Ageas, becoming the largest shareholder last year after acquiring a 9% stake from China’s Fosun Group — a divestment that reflected Beijing’s tightening capital controls and Fosun’s global retrenchment.

For Ageas, the journey back to full control of AG Insurance is equally significant as the company has spent more than a decade rebuilding its global footprint after the collapse of its predecessor, Fortis Group, during the 2008 financial crisis — an event that eventually led to the breakup of the Fortis banking and insurance businesses. Ageas emerged from that restructuring carrying strong Belgian roots but with a need to stretch beyond its home market.

Monday’s deals show Ageas refocusing and strengthening at home, even as it continues running major businesses in Asia and Europe.

Financial Impact and Long-Term Implications

BNP Paribas expects the transaction to deliver a net capital gain after tax of €820 million in 2026, along with €40 million in additional recurring net income annually. Though modest in the context of a banking giant that posts several billion euros in yearly profit, the move deepens the bank’s long-term insurance profitability and secures a strategic position in one of Europe’s most robust insurance markets.

Ageas’ new cash flow targets signal confidence that greater control of AG Insurance will drive stronger returns across the group. The Belgian firm has traditionally been conservative in its forward guidance, so the upward revisions underscore how central AG Insurance is to its earnings engine.

However, the deal still needs regulatory approval and is expected to close in the second quarter of 2026. If completed, it will formalize a new era in the long-running relationship between Belgium’s dominant bank and its dominant insurer — a partnership reshaped to give both sides more focus, more flexibility, and a firmer footing in a shifting European financial industry.

BNP Paribas will sit deeper inside Ageas’ shareholding structure, Ageas will fully command its core insurance subsidiary, and both will tighten their alliance in bancassurance and asset management — a structure that could influence Belgian financial services for years.

Automakers Face Harsh AI Reality Check as New Study Warns Only a Small Elite Will Sustain Investment by 2029

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A new study has cast a sharp beam of cold light onto the auto industry’s runaway enthusiasm for artificial intelligence, warning that almost all of today’s aggressive spending will fade long before the end of the decade.

The report, released Monday by technology research firm Gartner, says only a handful of manufacturers have the structure, leadership, and long-term discipline needed to keep pushing deep into AI through 2029. It challenges the optimism that has fueled boardroom strategies, investor narratives, and headline-grabbing claims about self-driving ambitions, in-car intelligence, and automated factories.

According to Gartner, over 95% of automakers today describe themselves as being in a phase of strong AI investment growth. By 2029, that number collapses to just 5%.

The research is part of Gartner’s predictions for 2026 and suggests that the industry’s current surge of spending is not built on stable foundations. The firm concludes that only companies with strong software cores, tech-oriented leadership structures, and a clear long-term commitment to AI will keep moving forward. Everyone else risks slipping into stagnation.

This widening divide reflects a basic structural problem within the industry. Traditional carmakers such as Volkswagen were built on engineering muscle, decades of mechanical innovation, and manufacturing discipline. They grew into sprawling organizations optimized for hardware, supply-chain mastery, and incremental upgrades to combustion engines. That foundation is now a disadvantage in a world where intelligence, code, and automation increasingly determine who wins.

Gartner’s report argues that the leadership model inside legacy companies is one of the biggest obstacles. Many of these manufacturers adopted software teams only reluctantly, and too often placed them deep within the hierarchy where they lacked influence. Gartner analyst Pedro Pacheco said many firms are still dealing with internal resistance, slow decision cycles, and outdated cultural habits that treat software as an accessory rather than the engine of competitiveness.

He told Reuters that success requires turning these organizations into digital-first companies and clearing away internal roadblocks that slow innovation. That includes giving software leaders a direct line to the CEO and putting technology at the very top of strategic planning. Without that shift, he said, firms will struggle to compete with players like Tesla and BYD, which were built around software from the start.

“A company that is not great at software … is going inevitably to struggle,” Pacheco said, summing up what has become an increasingly accepted truth across the global auto landscape.

The divide is not just about who writes code well. It is about who can sustain the enormous spending required to build industry-leading AI systems. As automakers roll out advanced driver assistance, predictive maintenance, in-car voice systems, automated production lines, and next-generation battery management, their costs increasingly resemble those of the world’s tech giants. That level of spending is difficult to maintain for firms still carrying legacy manufacturing costs, debt burdens, and the weight of combustion-era supply chains.

The industry’s internal structure is colliding with another challenge: a rapidly cooling investor appetite for speculative AI projects. While AI remains the hottest narrative in global markets, investors are no longer impressed by slogans about “software-defined vehicles” unless companies can produce genuine revenue improvements. Many automakers who rushed into grand AI announcements now face pressure to justify the billions they have already committed.

The risk heading into 2026 is that companies trapped between rising costs, slow cultural change, and shifting investor sentiment may pull back from ambitious projects before they yield results. That could stall unfinished automation systems, slow the rollout of next-generation EV capabilities, and weaken attempts to develop in-house operating systems. Companies that hesitate now will only widen the gap with Tesla, BYD, and the small group of tech-forward newcomers who view AI as their native territory rather than a strategic add-on.

This trend also affects long-term competitiveness. If only 5% of the industry maintains strong AI investment growth by 2029, the rest may find themselves dependent on external suppliers for critical vehicle intelligence. That would push them closer to becoming low-margin hardware assemblers in a market where the value sits inside the software stack. Carmakers who cannot build or control their own AI systems risk losing pricing power, market influence, and brand authority.

These pressures are reshaping the competitive environment faster than expected. Tesla continues to treat software as its core operating system, using continuous over-the-air updates and integrated data loops to make each vehicle smarter over time. BYD is expanding this model at an enormous scale, blending advanced electronics with aggressive production growth in China and beyond. Their momentum amplifies the urgency felt by legacy manufacturers struggling through internal reform.

The “euphoria” described in the Gartner report has driven carmakers to announce sweeping AI ambitions. But the coming years will test whether they can pay for those promises, reorganize their cultures, and compete with companies forged in the language of code. The report’s numbers suggest the vast majority will fall short.

The auto sector enters 2026 with two realities pulling in opposite directions. One is the growing expectation that vehicles will soon operate with meaningful autonomy, predictive intelligence, and self-improving software. The other is the industry’s internal difficulty in transforming itself fast enough to deliver that future. If Gartner’s forecast holds true, the next three years will be decisive—and only a tiny fraction of automakers will emerge with the strength, vision, and long-term discipline to remain competitive in the AI race.

The rest may find themselves watching from the sidelines as a new hierarchy takes shape.

Netflix Leans on Trump Alignment as $82.7bn Warner Bros. Bid Collides With Paramount’s Hostile Counteroffer

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Netflix’s sweeping bid for Warner Bros. Discovery has taken on an unmistakable political undertone, after co-CEO Ted Sarandos revealed he personally pitched President Donald Trump on the deal before it was announced.

Sarandos, speaking Monday at the UBS media conference, said Netflix and the White House had found unusual alignment, even as analysts warn that the streaming giant still faces a bruising regulatory test.

Sarandos said their conversations went beyond courtesy calls, noting that he had spoken with Trump “many times since the election about the different challenges facing the entertainment industry.” He framed the administration’s view as practical and centered on employment.

“The president’s interests in this are the same as ours, which is to create and protect jobs,” he said, presenting Netflix as a stabilizing force at a time when Hollywood remains uneasy over consolidation.

Trump reinforced that cordiality on Sunday, calling Sarandos a “great person” who had done “one of the greatest jobs in the history of movies.” At the same time, he signaled that Netflix’s enormous footprint could still trigger antitrust scrutiny, saying the platform’s “big market share” might be “a problem” as it tries to acquire one of Hollywood’s oldest studios.

The deal, valued at $82.7 billion including $72 billion in equity, covers Warner Bros.’ film and streaming assets but leaves out WBD’s declining cable networks like CNN and HGTV.

Those networks are precisely what Netflix avoided, and Paramount Skydance embraced. On Monday, Paramount fired back with a hostile $30-per-share, all-cash offer to buy the entirety of WBD, including the legacy networks that investors have increasingly treated as liabilities. Netflix’s $27.75-per-share proposal mixes cash with some stock and hinges on the idea that Warner Bros.’ core studio and Max streaming service are the crown jewels worth salvaging.

Sarandos shrugged off Paramount’s counter, saying the move “was entirely expected.” Yet the fight escalated quickly, with Paramount CEO David Ellison taking to CNBC hours after the market opened to call his company’s offer “pro-consumer, pro-creative talent,” and “pro-competition.” He insisted that Paramount’s bid would breeze through regulatory review faster than Netflix’s, which he implied would face more skepticism given Netflix’s scale.

Ellison’s confidence also reflects a degree of political cover. His father, Oracle cofounder Larry Ellison, is one of Trump’s closest allies, and that relationship has been noted in market circles since the moment Paramount entered the bidding war.

Still, Netflix appears to be building a channel of goodwill with Trump as well. Co-CEO Greg Peters said he is “very confident that regulators should, and will, approve” the transaction, pointing to Netflix’s commitment to keep Warner Bros.’ theatrical pipeline intact. Sarandos went even further, insisting Netflix would handle Warner Bros.’ movies “exactly the way they’ve released those movies today,” an assurance that appears aimed partly at the White House and partly at unions still nursing resentment from the last round of industry consolidation.

Sarandos also sought to cast Netflix as the protector of Hollywood employment, a sensitive issue in an industry rattled by recent strikes, studio cutbacks, and a historic contraction in cable advertising. He contrasted Netflix’s approach directly with Ellison’s. Paramount has promised roughly $6 billion in “synergies” from any merger with WBD. Sarandos interpreted that as a coded guarantee of massive layoffs.

“Where do you think synergies come from? Cutting jobs,” he said. “We’re not cutting jobs — we’re making jobs.”

What Sarandos did not highlight is that Netflix itself has pledged between $2 billion and $3 billion in cost savings tied to its own offer for Warner Bros. Discovery. Investors expect those reductions to come from overlapping marketing, tech, back-office functions, and real estate. Sarandos argued that any restructuring Netflix undertakes would not jeopardize the creative workforce, though analysts say the distinction may be difficult to sustain if the merger closes.

Warner Bros. Discovery, a company born from a previous megamerger, remains weighed down by heavy debt, a struggling cable portfolio, and a streaming division that has been retooled repeatedly. The battle now underway — Netflix’s cleaner, asset-focused bid versus Paramount’s all-in sweep — will shape the future of one of Hollywood’s most storied studios, determine which streaming platform holds the next wave of bargaining power, and test how the Trump administration approaches the entertainment industry during a period of rapid upheaval.

Tata’s $14bn Semiconductor Bet Wins Intel Interest, Raising India’s Hopes for a Bigger Slice of the Global Chip Market

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India’s push to become a serious semiconductor force gained a major boost as Tata Electronics secured Intel as a prospective customer for its upcoming chip facilities, a development that suggests the U.S. chipmaker sees potential in India’s attempt to build a large-scale manufacturing base.

The electronics-manufacturing arm of the 156-year-old Tata Group is investing about $14 billion to build India’s first semiconductor fabrication plant in Gujarat and a chip assembly and testing facility in Assam. The move marks one of the most ambitious industrial undertakings in the country’s modern history, stretching from upstream chip production to downstream packaging.

Prime Minister Narendra Modi has spent the past several years pushing to position India as an alternative node in the global semiconductor chain, aiming to stand beside established giants like Taiwan. The effort has been difficult, dogged by early setbacks, geopolitics, cost concerns, and the sheer technical challenge of building a modern chip ecosystem from scratch. But Intel’s willingness to engage with Tata Electronics hints that India’s nascent progress is beginning to register with global players who are scouting safer, more diversified supply chains.

Intel and Tata Electronics said they will also explore the opportunity to rapidly scale AI PC solutions for India’s consumer and enterprise markets, which they describe as a market expected to become one of the world’s top five by 2030. This is a key point because both companies are betting on the next wave of personal computing, driven by AI-powered systems that require new chip architectures, faster on-device inference, and more specialized accelerators.

Growing demand in India provides Intel with a reason to cultivate hardware partners within the country, while Tata aims to ensure that its new fabs serve strategic segments beyond traditional processors.

The announcement comes at a time when global chipmakers are rethinking their supply-chain exposure and looking for expansion opportunities outside East Asia. The U.S. CHIPS Act has spurred a build-out in America, while Japan and Europe are also investing heavily in local capacity. India has been attempting to insert itself into that realignment, arguing that its mix of market size, political stability, engineering talent, and strategic location could support a manufacturing ecosystem that complements — rather than replaces — established global hubs.

Tata’s fabrication facility in Gujarat is the centerpiece of this effort. A fully functional fab requires extraordinary engineering discipline, extremely pure industrial inputs, and sustained investment over many years. The companion plant in Assam will handle assembly and testing, critical steps in making chips commercially usable. If both plants come online successfully, they could form the backbone of an end-to-end semiconductor value chain inside the country.

Intel’s role as a prospective customer would be significant in symbolic and practical terms. It signals that the company is open to purchasing chips made or packaged in India, giving Tata a credible anchor client as it enters a hyper-competitive sector where yields, reliability, and delivery timelines make or break new entrants. It also gives India something it has long lacked: a marquee partnership that strengthens its pitch to the broader global semiconductor community.

The AI PC collaboration adds another layer of relevance because the category is becoming a battleground for chip designers, hardware manufacturers, and AI service providers. As more tasks shift to on-device inference rather than cloud-only processing, companies like Intel are trying to secure regional hardware partners that can help them deliver systems at scale. India’s consumer base and enterprise sector make it a natural target for such an expansion, and Tata’s new capabilities offer a domestic platform to support that push.

If Tata’s facilities achieve commercial readiness, the long-term payoff could reshape India’s industrial landscape. It would broaden domestic supply chains, attract additional technology partners, and deepen the country’s involvement in strategic sectors where it has long wanted a foothold. For Intel, it offers a diversified production environment at a time when supply-chain resilience has become a boardroom priority.

India’s semiconductor dream remains a marathon rather than a sprint, but Intel’s early interest gives the project a more credible foundation as global technology firms reassess where and how the next generation of chips will be made.