HOUSING CRISIS
Chinese AI stocks, hardware suppliers slide as Nvidia CEO exit fuels US-China chip fears
Chinese AI and semiconductor stocks decline amid concerns over Nvidia leadership changes and tighter US chip export restrictions. Fears of disrupted technology access intensify pressure on AI developers and hardware suppliers, while domestic chipmakers gain.
Spain's Sanchez faces political test as deadly train crash casts shadow over election campaign
Spain's Prime Minister Pedro Sanchez is attempting to manage an election campaign amidst recent deadly train accidents. He is emphasising the importance of public services and government accountability as key campaign themes. Recent nationwide protests highlighted the urgent housing crisis affecting many Spaniards and have drawn attention back to this issue. Sanchez's government recently passed emergency housing measures aimed at addressing these concerns.
Usually private, Melania Trump steps into the spotlight after the midterm election
Melania Trump hosted Russian and Ukrainian officials at the White House to celebrate a temporary ceasefire in Oleshky. After recent Republican losses, she increased her public presence, focusing on military families and educational scholarships. Both she and Usha Vance visited soldiers and their families at Fort Rucker, Alabama, expressing gratitude for their service. Melania participated in the planning of the ceasefire, overseeing multiple operational aspects and cooperating with both nations.
What is ASEAN and why does the bloc matter amid global tensions?
Major powers will join a summit next week of Southeast Asian nations hosted by the Philippines against one of the most complex backdrops for the regional bloc, from the Iran war that has battered economies to the growing US-China rivalry.
Michael Burry calls Nvidia 'heck of a trade' after Huang’s scandal sparks $430 bn selloff. Why is Big Short fame dismissing fears?
Michael Burry sees a near-term trading opportunity in Nvidia despite his broader concerns about AI valuations. The Big Short investor believes Jensen Huang's personal controversy will have limited business impact but warns that Nvidia's competitive advantage could shrink over the next five years.
Spain's first general strike in 14 years brings clashing social and political desires to the fore
Spain recently marked its first general strike in over a decade, driven by millions of workers advocating for essential government responses to housing challenges. Major sectors joined in, causing widespread transportation disruptions and protests across the nation. Activists pushed for decisive reforms including rent regulation and tenant rights. As the political landscape shifts ahead of the elections, the strike's impact may reverberate into government decisions.
Pakistan farmers in long fight to make German firms pay for flood damage
Farmers from Pakistan's Sindh province are pursuing legal action against German firms RWE and Heidelberg Materials. They claim these companies' emissions contributed to severe flooding that devastated their livelihoods in 2022. This case marks a significant attempt to hold major polluters accountable for climate change impacts.
US judge says Trump's $10 billion BBC defamation case can proceed
Trump is suing Britain's publicly funded broadcaster for at least $10 billion over edited clips of a speech that made it appear he directed supporters to storm the US Capitol on January 6, 2021. The case is one of several Trump has privately filed against the news media as part of a wider pressure campaign against coverage he dislikes.
Marco Rubio tells G7 US will keep imposing 'devastating' costs on Iran, diplomats say
US Secretary of State Marco Rubio briefed G7 foreign ministers on the situation regarding Iran and economic sanctions. During the meeting in Paris, he referred to Iranian authorities in strong terms, emphasizing ongoing sanctions. Trump has decided to delay military strikes against Iran following regional appeals for diplomacy and dialogue. Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al-Thani expressed cautious optimism about potential diplomatic solutions.
G7 allies to assess impact of Trump's midterm setback at Paris talks
The diplomats signalled the Democrats' gains could narrow the White House's room for manoeuvre but warned against expecting a return to traditional US multilateralism while foreign policy remains very much under Trump's control.
Kotak eyes ₹4,500 crore fundraise to deepen bets on India's real estate market
Kotak Investment Advisors plans to raise ₹4,500 crore through its 16th real estate fund. This fund will focus on investments across India's real estate market, encompassing residential and commercial properties. The fund will utilize both debt and equity while targeting institutional capital to enhance liquidity for developers. It aims to conduct multiple transactions primarily in major cities and select tier-II locations.
Is Jeremy London homeless? Mallrats actor breaks silence after his ‘I am not ok’ post goes viral: ‘I was in shock…’
Speculations regarding the Mallrats actor's joblessness and potential homelessness intensified after he expressed worries about his work and living situation on X. The actor disclosed that his employer seemed to be going through a significant personal crisis, causing him to be concerned that the issue might jeopardise both his employment and housing.
‘I was just in shock': Actor Jeremy London clears air on his viral X post where he claimed he may lose his ‘job and home'; a look at his net worth
Jeremy London took to social media to dispel rumors about his job and living arrangements after a recent post generated concern. He reassured fans that he is not homeless and resides in a condo in Florida. London shared his astonishment at his boss's conduct, which spurred him to seek support. His clarification was necessary due to the media's reaction to his earlier comments about job stability.
Mirwaiz disallowed to address congregation at Jama Masjid in Kashmir for second consecutive Friday
Mirwaiz Umar Farooq faced restrictions that prevented him from addressing the Friday congregation at Jama Masjid. His house detention has persisted for nearly a week, enforced by police deployment and barricades. Authorities have restricted access to him, denying visits from others during this period. These measures follow his previous sermon referencing a report on civil liberties and political engagements.
Ousted Paraguayan President Santiago Pena placed under house arrest after bank collapse; Pedro Alliana sworn in as sudden successor
Santiago Pena, the ousted President of Paraguay, was placed under house arrest on charges of misconduct. His removal follows the collapse of Ueno Bank, affecting nearly half of Paraguay's population. Vice President Pedro Alliana has assumed presidency amidst public outcry for accountability. Regulators seized Ueno Bank, locking depositors out of their accounts and triggering a political crisis. Lawmakers allege Pena abused his political influence regarding Ueno's operations and regulatory oversight.
St. Louis' 1908 Blind Girls' Home suffered water damage and alterations; a $4.6 million restoration uncovered its grand staircase and created affordable apartments
In St. Louis, a remarkable historic building, once a sanctuary for blind women, has been beautifully renovated with an investment of $4.6 million. Funded by federal tax credits dedicated to preserving historical integrity, the former dormitories have been converted into modern apartments designed for low-income residents. Moreover, the site now hosts a non-profit providing essential mental health services, demonstrating the blending of preservation and community support.
Infosys, Wipro, TCS and other IT stocks rise up to 3% as US AI rout deepens; is the bubble bursting?
In the wake of a worldwide AI stock decline, companies such as Infosys and TCS have seen their shares rise, demonstrating a contrasting trend. This downturn has sparked fears of impending regulations within the sector, prompting analysts to predict that Indian IT companies might leverage this moment to enhance their entrepreneurial AI ventures, all while experts caution against excessive financial commitments in the AI landscape.
Amish Shah claims victory in Arizona congressional seat, 6th Indian-American in US House; becomes first from community to represent state
Amish Shah defeated Republican Jay Feely to become Arizona's first Indian-American congressman. He won 52.49 per cent of the vote in a competitive election. Before Congress, Shah served three terms in the Arizona House of Representatives, focusing on healthcare and public safety. His campaign emphasised lowering healthcare costs and protecting voting rights for all citizens.
Property giant Vonovia 'concerned' over Berlin left's housing plans
Europe's leading corporate landlord Vonovia said Wednesday it was "concerned" at plans by Berlin's possible incoming far-left led city administration to expropriate apartments to tackle the city's housing crisis. "Of course, we are concerned about plans to nationalise housing owned by private companies," Vonovia CEO Luka Mucic told reporters Wednesday during a conference call on the company's third-quarter results.
Load More
