Shares in Nvidia plunged on Wednesday after the computer chip giant said it would be hit by £5.5bn (£4.2bn) in costs due to the US government tightening its export rules to China. The firm, which has been at the heart of the artificial intelligence (AI) boom, will require licences to export its H20 AI chip […]
White House proposal would eliminate funding for UN and NATO and slash State budget in half
The Trump administration is mulling a proposal that would slash the State Department budget by $27 billion – nearly in half – and shutter smaller embassies and consulates across the globe. The proposal calls for the elimination of funding for more than 20 international organizations, including the United Nations, NATO and the Organization of American […]
United Airlines (UAL) Q1 2025 earnings
A United Airlines Boeing 767 passenger aircraft approaches Newark Liberty International Airport as trucks travel near the Port Jersey Container Terminal in Jersey City, New Jersey, on April 8, 2025. Charly Triballeau | Afp | Getty Images United Airlines maintained its full-year forecast on Tuesday but took an unusual step of offering a second forecast […]
Tuvalu unveils first cash machines in ‘momentous’ ceremony
The tiny Pacific island nation of Tuvalu has unveiled its first ever cash machines in a move hailed as momentous by the prime minister. Their instalment marks the first time the island’s 11,000 inhabitants have had access to electronic banking. Five machines and 30 sale terminals have been installed on Funafuti, the country’s main island, […]
Vance rejects ‘ratification of Biden’s illegal migrant invasion’
Vice President JD Vance asserted that he and President Donald Trump will not allow the “illegal migrant invasion” that occurred during President Joe Biden’s White House tenure to be ratified via “fake legal process.” He suggested that if the people crying “lack of due process” regarding the deportation of illegal aliens do not have a […]
Chip equipment giant flags tariff uncertainty
Jaap Arriens | Nurphoto | Getty Images Dutch semiconductor equipment giant ASML on Wednesday missed order expectations and said that uncertainty from new U.S. trade restrictions may affect demand for its critical chipmaking machines. Here’s how ASML did versus LSEG consensus estimates for the first quarter: Net sales: 7.74 billion, against 7.8 billion euros expected […]
Kidnapped US pastor rescued after South Africa shoot-out
An American pastor who was kidnapped by armed men during a church service in South Africa last week has been rescued following a “high-intensity shoot-out” that left three people dead, authorities say. Josh Sullivan was found unharmed in the township in Gqeberha in the Eastern Cape on Tuesday evening – the area where the 45-year-old […]
Zuck on the stand: ‘Crazy,’ ‘scary’ ideas led him to buy Instagram and WhatsApp
It’s too bad there are no cameras allowed in federal courtrooms, because I really would like to see Mark Zuckerberg testify. He was the leadoff witness in the Federal Trade Commission’s antitrust lawsuit against Meta, and that in itself was news. The clash is the most sweeping attempt to dismember the world’s biggest social network, […]
UK inflation in March 2025
A general view of people visiting the Trafalgar Tavern pub decorated with bunting and string lights on the bank of the River Thames in Greenwich on December 16, 2023 in London, United Kingdom. John Keeble | Getty Images News | Getty Images The U.K.’s annual inflation rate fell to 2.6% in March, coming in below […]
Peru’s ex-President Ollanta Humala guilty of money laundering
Peru’s former president, Ollanta Humala, has been found guilty of money laundering and sentenced to 15 years in prison. A court in the capital, Lima, said that Humala had accepted illegal funds from the Brazilian construction company Odebrecht to bankroll his election campaigns in 2006 and 2011. His wife, Nadine Heredia, who co-founded the Nationalist […]