Author: VernoNews

NH Investment & Securities forecasts a sharp rise in Cosmax’s overseas revenue ratio, projecting improved profit margins through gradual recovery in affiliate earnings. The firm maintains a ‘Buy’ rating and raises the target price to 240,000 won from the prior close of 189,900 won.Cosmax’s recent results align closely with market consensus forecasts.Robust Sales Growth Across RegionsOver the past four quarters, consolidated sales climbed 8% year-over-year to 601 billion won, while operating profit increased 3% to 40.9 billion won.China sales surged 17% to 181.4 billion won, exceeding expectations by 23%. Gwangju operations also expanded by 9%.Growth momentum arises from synergies in…

Artificial Intelligence Minister Evan Solomon summons OpenAI’s senior safety team to Ottawa for urgent discussions on safety protocols following the Tumbler Ridge, B.C., mass shooting. The shooter, Jesse Van Rootselaar, faced a ChatGPT account ban months earlier due to troubling content. Government Calls for Accountability Solomon expresses deep concern over reports that Van Rootselaar’s account drew internal flags for posts involving gun violence scenarios. OpenAI banned the account in June, determining the activity did not warrant notifying law enforcement at the time, as it lacked evidence of imminent threats. The minister contacts the company over the weekend, scheduling a Tuesday…

Ontario native and alleged cocaine kingpin Ryan Wedding had no involvement in the operation that resulted in the death of cartel leader Nemesio Oseguera Cervantes, known as El Mencho, his lawyer maintains. The Mexican military eliminated the powerful drug lord on Sunday, precisely one month after authorities took Wedding into custody in Mexico and transferred him to the United States. Online speculation suggested a possible connection between the events, but Wedding’s California-based attorney, Anthony Colombo, stated unequivocally, “there is zero connection between Mr. Wedding and the action yesterday.” Wedding’s Criminal Operations A former Olympic snowboarder from Thunder Bay, Ontario, Wedding,…

A 25-year-old Hamilton man found not criminally responsible for stabbing his 16-year-old cousin to death at a family barbecue will remain in a psychiatric hospital indefinitely.Ontario Review Board DecisionThe Ontario Review Board ordered Laureano Bistoyong to stay in custody at St. Joseph’s Healthcare Hamilton’s West 5th Campus Forensic Psychiatry Program. The decision, issued last week on February 18, requires annual reviews. Reasons for the ruling will become public soon.Fatal Stabbing at Family GatheringOn Canada Day 2023, Mark Bistoyong sat eating at a family barbecue near a Hamilton Mountain home when Laureano stabbed him in the chest with a chef’s knife.…

More than a dozen communities in northern Ontario are under extreme cold warnings, with wind chills expected to reach between -40°C and -50°C from Monday night through Tuesday morning.Environment and Climate Change Canada has issued yellow-level warnings, classifying the impact as moderate with high forecast confidence. “A period of very cold wind chills is expected,” the warnings state. “The coldest wind chill values are expected for areas close to James Bay and Hudson Bay.”Affected CommunitiesThe warnings cover the following areas:AttawapiskatFort AlbanyFort Hope — Lansdowne House — OgokiFort SevernFraserdale — Pledger LakeKapuskasing — Hearst — Smooth Rock FallsKirkland Lake — EnglehartLittle…

Two men from Lower Nazareth Township lost their lives in a head-on collision Sunday evening in Northampton County.Crash DetailsThe vehicles collided around 5 p.m. on Nazareth Pike in Lower Nazareth Township. Colonial Regional Police Chief James DePalma confirmed the incident during a statement Monday morning.Victims and OutcomeBoth victims, aged 22 and 59, hailed from Lower Nazareth Township. One man died at the scene, while the other succumbed to injuries at a nearby hospital.Weather ConditionsSnow fell during the crash, leaving roads wet in the area, Chief DePalma noted.Investigators continue to examine the cause of the fatal accident.

The Digital Exploration Center (DEC), a 7,000-square-foot hub for hands-on digital creation, has officially launched. This space empowers students, faculty, and staff to develop cutting-edge projects using advanced technology and experimentation. Situated on the fourth floor of the John C. Hitt Library, the DEC stands as a key facility for immersive technologies, digital scholarship, and creative production. Recent data shows an 80% increase in library usage, highlighting the impact of investments in tech, learning areas, and support services.Key Features of the Digital Exploration CenterThe center provides a wide array of tools, including immersive technologies, a professional podcast studio, production workshops,…

Following the installation of the Rahman-led BNP government, Dhaka tones down its rhetoric toward India, moving away from earlier confrontational tones. Bilateral relations have cooled significantly over the last 18 months amid a rocky political shift in Bangladesh, raising doubts about the sustainability of the once-celebrated “Golden Chapter.” Anti-India remarks and policy moves during the Yunus era contributed to delays in defense collaborations, including the suspension of the annual Exercise SAMPRITI after 2023 and the quiet cancellation of a major procurement agreement in mid-2025.Naval Operations Proceed UninterruptedIn contrast, naval forces from both nations maintain seamless coordination in the Bay of…

Researchers at the University of Colorado Boulder have developed high-performance optical microresonators that trap light longer within microscopic chips, unlocking potential for next-generation sensor technologies. These tiny devices build up light intensity by confining photons, enabling advanced optical operations with reduced power needs. “Our work focuses on using less optical power in these resonators for future applications,” said Bright Lu, a fourth-year doctoral student in electrical and computer engineering and lead author of the study. “One day, these microresonators could support sensors for navigation and chemical detection.” Innovative Racetrack Design Reduces Losses The team utilized racetrack-shaped resonators featuring Euler curves,…

The Indian Navy strengthens its Anti-Submarine Warfare (ASW) capabilities with the upcoming commissioning of Anjadip, the third vessel in the eight-ship ASW Shallow Water Craft (ASW-SWC) project.Commissioning Ceremony DetailsAnjadip joins the Eastern Naval Command at Chennai Port on February 27, 2026. Admiral Dinesh K Tripathi, Chief of the Naval Staff, presides over the event. This milestone underscores India’s push toward self-reliance in defense through indigenous warship design and construction by Garden Reach Shipbuilders & Engineers (GRSE) in Kolkata.Advanced Design for Littoral OperationsDubbed the ‘Dolphin Hunter,’ Anjadip targets enemy submarines in coastal and shallow waters critical to national security. The state-of-the-art…