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Christopher Nolan is following his Oscar-winning “Oppenheimer” with a true epic: Homer’s “The Odyssey.” It will open in theaters on July 17, 2026, Universal Pictures said Monday. Details remain scarce, but the studio teased that it will be a “mythic action epic shot across the world using brand new IMAX technology.” It will also be the first time that an adaptation of Homer’s saga will play on IMAX film screens. Nolan has been an IMAX enthusiast for years, going back to “The Dark Knight,” and has made his last three films exclusively using large format film and the highest resolution film cameras. For “Oppenheimer,” the first black-and-white IMAX film stock was developed. Nolan hasn’t said specifically what the new technology for “The Odyssey” will be, but earlier this month he told The Associated Press that they’re in an intensive testing phase with IMAX to prepare for the new production. “They have an incredible engineering staff, really brilliant minds doing extraordinary work,” Nolan said. “It’s wonderful to see innovation in the celluloid film arena still happening and happening at the highest level possible.” “The Odyssey” will be Nolan’s second collaboration with Universal Pictures following “Oppenheimer,” which earned nearly $1 billion at the box office and won the filmmaker his first Oscars, including for best director and best picture . Rumors about his next project have been swirling ever since, with near-daily speculations about plot — none of which turned out to be true — and casting. While there are many reports about actors joining the ensemble, none has been officially confirmed by the studio. Lindsey Bahr, The Associated PressThe dollar and gold gained Friday amid escalating tensions in the Russia-Ukraine war, while stocks got a boost from data. Bitcoin pushed on further with its march towards the $100,000 mark, as the cryptocurrency benefits from US president-elect Donald Trump's pledge to ease regulation around digital tokens. The dollar, considered a safe haven asset, was bolstered by geopolitical uncertainty after Russia said the conflict in Ukraine had the characteristics of a "global" war and did not rule out strikes on Western countries. Meanwhile, the Russian ruble slumped to its lowest level since March 2022 against the US dollar, a day after Moscow fired a hypersonic missile on Ukraine and Washington sanctioned a key Russian bank. Yields on government bonds, another safe haven asset, fell as investors snapped them up, while the gold price rose. "Escalating tensions between Russia and Ukraine, which triggered safe haven gold inflows, pushed the precious metal price to new all-time highs in euros and the pound sterling," said IG analyst Axel Rudolph. Gold also posted strong gains in US dollars. The euro sank to a two-year-low against the dollar and the pound retreated after closely watched surveys showed contractions in business activity in November in the eurozone and Britain. Paris and Frankfurt stocks initially fell after a survey showed that Germany and France, the eurozone's two biggest economies, were once again driving the weakness, with the latter posting the fastest fall in activity since January. But as the euro fell both Paris and Frankfurt stocks managed to recover their losses and advance. "The eurozone data has increased the chance of more rate cuts from the ECB next year," said Kathleen Brooks, research director at XTB, as well a cut of 50 basis points next month. "Investors have been jolted into recalibrating interest rate expectations on the back of this bleak economic news," she added. London managed to gain 1.4 percent despite data showing that retail sales figures for October undershot forecasts, as the pound fell against the dollar. Wall Street stocks mostly advanced, comforted by positive economic data. "US indices were propped up by the strongest US private sector growth since 2022," said IG's Rudolph. In Asia, Tokyo climbed as the government prepared to announce a $140 billion stimulus package to kickstart the country's stuttering economy. However, Hong Kong and Shanghai sank on a sell-off in tech firms caused by weak earnings from firms including Temu-owner PDD Holdings and internet giant Baidu. Bitcoin set a new record high of $99,505.45 Friday morning before easing back slightly. It is broadly expected to soon burst through $100,000 as investors grow increasingly hopeful that Trump will pass measures to deregulate the crypto sector. Bitcoin has soared more than 40 percent since his election victory this month and has more than doubled since the turn of the year. The recent surge has also been "driven by news that Trump could set up an official crypto department that would sit in the heart of US government", said XTB's Brooks. In a further boost, the top US securities regulator Gary Gensler, who oversaw measures to rein in cryptocurrencies, announced Thursday that he intends to step down when Trump takes office in January. The move clears the way for the president-elect to pick Gensler's successor. New York - Dow: UP 0.6 percent at 44,113.57 points New York - S&P 500: UP 0.1 percent at 5,956.74 New York - Nasdaq Composite: DOWN 0.2 percent at 18,944.74 London - FTSE 100: UP 1.4 percent at 8,262.08 (close) Paris - CAC 40: UP 0.6 percent at 7,255.01 (close) Frankfurt - DAX: UP 0.9 percent at 19,322.59 (close) Tokyo - Nikkei 225: UP 0.7 percent at 38,283.85 (close) Hong Kong - Hang Seng Index: DOWN 1.9 percent at 19,229.97 (close) Shanghai - Composite: DOWN 3.1 percent at 3,267.19 (close) Euro/dollar: DOWN at $1.0396 from $1.0476 on Thursday Pound/dollar: DOWN at $1.2513 from $1.2587 Dollar/yen: UP at 154.88 yen from 154.54 yen Euro/pound: DOWN at 83.10 pence from 83.20 pence West Texas Intermediate: UP 0.9 percent at $70.75 per barrel Brent North Sea Crude: UP 0.8 percent at $74.81 per barrel burs-rl/sbk
Musk calls for US to replace fighter jets with drones “Manned fighter jets are obsolete in age of drones anyway. Will just get pilots killed,” says billionaire WASHINGTON: Billionaire Elon Musk, tapped by US President-elect Donald Trump to slash federal government spending, lashed out at modern fighter jets on Monday, saying that drones were the future of air combat. “Manned fighter jets are obsolete in the age of drones anyway. Will just get pilots killed,” said the head of SpaceX, Tesla and X, in a post on his social media platform.Musk singled out the F-35 -- a next-generation fighter jet manufactured by US-based Lockheed Martin that entered service in 2015 -- for criticism. “Meanwhile, some idiots are still building manned fighter jets like the F-35,” he posted, alongside a video of hundreds of drones hovering in formation in the sky.The F-35, the world’s most advanced fighter, is stealth capable and can also be used to gather intelligence. Germany, Poland, Finland and Romania have all recently signed deals for the aircraft.Its development, however, has suffered from issues, notably in the design of its computer programmes, and its very high operating costs are regularly criticised by its detractors. “The F-35 design was broken at the requirements level, because it was required to be too many things to too many people,” said Musk on Monday, calling it “an expensive (and) complex jack of all trades, master of none.”For Mauro Gilli, a researcher at the Swiss Federal Institute of Technology in Zurich, “what makes the F-35... expensive is the software and the electronics, not the pilot per se.” This is significant “because a reusable drone would need to get all that flashy electronics of an F-35,” he said on X.He also pointed out that the existence of the F-35 had forced US rivals to develop their own aircraft and advanced radar to match it. “By simply existing, the F-35 and the B-1 force Russia and China into strategic choices they would not have to make otherwise (i.e. budget allocations),” Gilli said, referring to B-1 heavy bomber aircraft. “Even if Musk were right (and he is not), deleting the programmes would relax these constraints on them.”Manmohan Singh could be brutally candid if he trusted you
British Airways Parent Targets Advanced Wi-Fi Options with Musk's Starlink and Amazon's Kuiper
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