South Korea emerges as a regional AI powerhouse Nvidia will supply more than 260,000 of its most advanced AI chips to South Korea’s government and leading companies including Samsung, LG, and Hyundai. The chips will power factories producing semiconductors, robots, and autonomous vehicles. Chief executive Jensen Huang said the partnership allows South Korea to “export intelligence as a new product.” He did not disclose the total value of the agreements. The announcement comes after a historic week for Nvidia. On Wednesday, it became the first company in history to reach a $5 trillion valuation. A day later, optimism grew that…
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Enzo Maresca criticised striker Liam Delap for his “very stupid” sending off and urged his Chelsea side to “grow up” after they nearly threw away a 3-0 lead in a wild 4-3 Carabao Cup win over Wolves. Chelsea stormed ahead with goals from Andrey Santos, Tyrique George, Estêvão and Jamie Gittens, but Wolves mounted a spirited second-half comeback, scoring three times through Tolu Arokodare and David Møller Wolfe’s brace. Delap, making his return from injury, was sent off for two reckless challenges within seven minutes, leaving Chelsea to cling on with 10 men. It marked the Blues’ sixth red card…
Surging demand for iPhones lifted Apple’s revenue during the three months ending in September, allowing the company to close its fiscal year with unprecedented profits. Apple posted stronger-than-expected results despite navigating a global trade conflict and working to catch up in artificial intelligence innovation. Strong early interest in the iPhone 17 lineup, launched last month, fueled much of the performance. Tim Cook, Apple’s CEO, announced, “Apple proudly reports a September quarter revenue record of $102.5 billion, with record highs for both iPhone and Services.” Apple earned $27.5 billion (€23.8bn) in profit, almost twice last year’s figure. Its shares climbed 2%…
US President Donald Trump and Chinese leader Xi Jinping met for the first time in six years, offering a cautious sense of optimism that tensions between the world’s two largest economies might ease. Trump described the talks in South Korea as “amazing,” while Beijing said both sides had agreed to tackle “major trade issues.” Relations have been strained since Trump imposed heavy tariffs on Chinese goods, prompting swift retaliation. A temporary truce in May did little to calm the standoff. The meeting produced no formal trade agreement but suggested progress. Negotiators have spent months working to resolve long-standing disputes over…
A rare spider believed to be extinct in the UK has been found alive on the Isle of Wight after 40 years. The Aulonia albimana, nicknamed the “white-knuckled wolf spider” for the pale markings on its palps, was rediscovered at the National Trust’s Newtown nature reserve, an area only reachable by boat. Entomologists Mark Telfer and Graeme Lyons made the find just minutes before leaving the site. Lyons said: “I’ve seen 559 spider species in the British Isles and this one was by far the most exciting find.” Last recorded in 1985, the tiny 4mm spider thrives in short, open…
Human Rights Watch urged Merz to condemn Turkey’s repression of the opposition and the detention of Istanbul’s mayor, Ekrem İmamoğlu. Germany Seeks Stronger Ties with Turkey Chancellor Friedrich Merz called for a deeper strategic alliance with Turkey to face global challenges. During his first official trip to Ankara, he praised Turkey’s role in mediating the wars in Ukraine and Gaza. Standing beside President Recep Tayyip Erdoğan, Merz spoke days after Turkey and the United Kingdom sealed a multi-billion-euro deal to sell 20 Eurofighter Typhoon jets. Germany, part of the manufacturing consortium, recently withdrew its objection to exporting the aircraft to…
A growing number of small business owners report improved access to capital. A recent survey shows that 61% of owners now rate their financing options as “good,” a significant increase from previous quarters. Experts say this improvement reflects stronger lending conditions and a more supportive financial environment. Business owners feel confident identifying sources of funding for expansion, operations, and new projects. Access to capital is vital for growth. Owners can use financing to hire staff, adopt new technology, or expand products and services. Easier access allows them to act on opportunities faster. The survey shows optimism across multiple sectors. Retail,…
Central Bank Emphasizes Stability After Policy CutsThe European Central Bank is expected to leave borrowing costs unchanged at its next meeting, signaling confidence in its current policy stance after easing earlier in the year. Officials have repeatedly suggested that interest rates are at an appropriate level, calling the current position “a good place.” With inflation trending closer to target and credit growth subdued, the Governing Council appears inclined to wait and assess how past measures continue to influence the economy. Export Decline Highlights Growing StrainsEurope’s trade performance has weakened in recent months, with exports falling as global demand softens and…
A massive Microsoft outage on Wednesday disrupted essential online services worldwide. Heathrow Airport, NatWest, and Minecraft were among the platforms taken offline for several hours before engineers restored access later in the evening. Millions of users faced interruptions to banking, work, and entertainment services. Thousands of users report outages Outage tracker Downdetector logged thousands of complaints from people unable to access websites, send emails, or log into accounts. Many faced frozen pages, stalled transactions, and unresponsive apps. Microsoft confirmed that users of Microsoft 365 experienced significant delays, especially with Outlook. By 21:00 GMT, most affected websites were back online after…
Los Angeles FC star Son Heung-min now ranks as Major League Soccer’s second-highest earner, with an annual salary of $10.4 million and total compensation of $11.2 million, trailing only Lionel Messi of Inter Miami. Son, who joined LAFC in August after more than a decade at Tottenham Hotspur, made an instant impact with nine goals in 10 MLS matches. Messi remains the league’s top earner, receiving $12 million in salary and $20.4 million in total compensation under his current deal, which runs through 2025. Miami recently announced that Messi has agreed to an extension through 2028. Other top summer signings…
