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Amazon’s $38 Billion Deal with OpenAI Signals It’s No Longer an AI Laggard
04 November 2025 Attendees walk through an expo hall at AWS re:Invent 2023, a conference hosted by Amazon Web Services (AWS), in Las Vegas, Nevada, U.S., November 29, 2023. Noah Berger/AWS/Handout via REUTERS Amazon’s announcement that it will supply OpenAI with up to $38 billion of cloud-services capacity over the next seven years marks a decisive shift in the e-commerce giant’s artificial-intelligence ambitions and presents a turning point for its cloud-computing arm. In an
Nov 43 min read


UK Stabbing Horror on London-Bound Train Tests Rail Security and Public Confidence
2 November 2025 A forensic officer inspects the London North Eastern Railway train where a series of stabbings took place, at a platform at Huntingdon Station, near Cambridge, Britain, November 2, 2025. REUTERS/Jack Taylo In a chilling late-evening incident on Saturday, a London-bound train became the scene of a mass stabbing that left dozens of passengers reeling and raised immediate questions about rail safety and policing protocols. The attack occurred on a 6:25 pm service
Nov 34 min read


Hong Kong moves to loosen digital-asset rules and launch tokenisation pilot to boost liquidity
2 November 2025 Hong Kong has announced a major shift in its regulatory approach toward virtual assets, unveiling relaxed rules for locally licensed trading platforms and launching a new tokenisation pilot scheme as part of the city’s bid to become a leading global fintech and digital-asset hub. At a fintech forum broadcast from Hong Kong on 3 November, the Securities and Futures Commission (SFC) confirmed that domestic-licensed virtual asset trading platforms known as VATPs
Nov 23 min read


U.S. Retailers Face Cash-Crunch as Penny Production Ends
1 November 2025 Retailers across the United States are grappling with an unexpected operational headache following the decision to cease production of the US one-cent coin. With official minting halted earlier this year, convenience stores, gas stations, fast-food chains and major retailers are finding themselves short on pennies forcing them to reframe how they accept cash and manage change. The shortage stems from a directive by Donald Trump issued in February that instruct
Nov 12 min read


AI Builds the Cloud That Built Google Cloud into Alphabet Inc.’s Strongest Growth Engine
31 October 2025 People walk next to the Google Cloud logo, during the 2025 Mobile World Congress (MWC) in Barcelona, Spain, March 4, 2025. REUTERS/Albert Gea Once dismissed as a laggard in the cloud race, Google Cloud has blossomed into one of Alphabet’s fastest-growing and most pivotal divisions, largely fueled by a bold bet on artificial intelligence (AI) infrastructure and services. According to fresh filings and executive commentary, the unit generated over $15 billion in
Oct 313 min read


Nvidia Becomes the First Company Ever to Reach a $5 Trillion Valuation
30 October 2025 An Nvidia logo and a computer motherboard appear in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration/File Photo In a defining moment for the tech industry, Nvidia has achieved a staggering milestone becoming the first company in history to reach a market valuation of over $5 trillion. The company’s shares surged to around $207.86, bringing the total value of all its shares outstanding to approximately $5.05 trillion. Just three months e
Oct 303 min read


Aston Martin Lagonda Global Holdings PLC Cuts Development Spending After Deeper-Than-Expected Quarterly Loss
29 October 2025 British luxury carmaker Aston Martin announced on October 29 that it will slash its five-year development spend by £300 million, reducing its planned investment from £2 billion to £1.7 billion, following a wider-than-expected adjusted pre-tax loss of £106.9 million for the three months ended September 30. The company pointed to a confluence of macro-headwinds as the cause: demand in China described as “extremely subdued,” the impact of U.S. import tariffs on i
Oct 292 min read


Microsoft and OpenAI Unveil Major Restructuring Deal to Formalize AI Partnership
28 October 2025 In a landmark agreement announced on October 28, 2025, Microsoft and OpenAI revealed a new deal that allows OpenAI to reorganize itself into a public-benefit corporation, a move that enables greater flexibility in fundraising, restructures its corporate governance and sets the stage for future public listing. Under the terms of the agreement, Microsoft retains approximately 27 percent of OpenAI’s newly formed for-profit entity valued at around $500 billion, wh
Oct 282 min read


Trump Arrives in Tokyo to Secure Asia Trade and Security Wins Before Meeting Xi
27 October 2025 Donald Trump touched down in Tokyo on Monday for a crucial phase of his five-day Asian tour, eyeing trade deals and security talks in Japan ahead of his planned summit with Xi Jinping in South Korea later this week. In Malaysia over the weekend, Trump inked several agreements with Southeast Asian nations involving trade and critical minerals, and the groundwork was laid for a U.S.–China framework that could avert the threatened 100 percent U.S. tariff on Chine
Oct 272 min read


U.S. and China Near Trade Truce, Eyeing Leader-Level Deal at APEC Summit
26 October 2025 U.S. President Donald Trump speaks during the ASEAN-U.S. Summit in Kuala Lumpur, Malaysia, October 26, 2025. Vincent Thian/Pool via REUTERS In a significant shift after months of tension the Office of the United States Trade Representative (USTR) says talks with China are now heading toward a framework that could be signed by Donald Trump and Xi Jinping later this week. U.S. Trade Representative Jamieson Greer told reporters in Kuala Lumpur that the two sides
Oct 262 min read


Procter & Gamble Beats Wall Street Expectations Thanks to Strong Beauty and Hair-Care Demand
25 October 2025 Tide detergent, a brand owned by Procter & Gamble, is seen for sale in a store in Manhattan, New York City, U.S., June 29, 2022. REUTERS/Andrew Kelly/File Photo Procter & Gamble, the Cincinnati-based consumer-goods giant known for brands like Tide, Pampers and Olay, reported its fiscal first-quarter results on October 24, 2025, showing revenue of $22.39 billion and adjusted earnings of $1.99 per share, both of which exceeded analyst expectations. A key driver
Oct 252 min read


United States Sets to Increase Facial Recognition Checks on Non-Citizens at All Points of Entry
24 October 2025 Travelers pass through a Transportation Security Administration (TSA) security screening at Hollywood Burbank Airport during the first day of a partial U.S. government shutdown in Burbank, California, U.S., October 1, 2025. REUTERS/Daniel Cole The U.S. government has unveiled a sweeping regulation, scheduled to take effect on December 26, that expands the use of facial recognition and other biometric data collection for non-citizens crossing the country’s bord
Oct 243 min read


Apple hit with a landmark UK ruling that could cost billions
23 October 2025 In a significant and possibly industry-defining decision, the Competition Appeal Tribunal (CAT) in London ruled on October 23, 2025 that Apple Inc. abused its dominant market position by charging developers excessive commissions on its App Store platform, setting the stage for what could become one of the largest payouts in UK class-action history. The case stemmed from a lawsuit brought by British academic Rachael Kent on behalf of millions of iPhone and iPad
Oct 233 min read


BAE Systems brace for strike action as workers reject 3.6 % pay offer
22 October 2025 BAE Systems logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration In a dramatic show of industrial intent, the British trade union Unite announced that members employed at BAE Systems’s major aerospace sites in Lancashire will commence strike action from 5 November to 25 November after rejecting a 3.6 percent pay rise offered by the company. The dispute centers on workers based at the company’s Warton and Samlesbury facilities,
Oct 223 min read


Coca-Cola defies economic headwinds as third-quarter revenue beats expectations
21 October 2025 The Coca‑Cola Company posted stronger-than-anticipated results in its third quarter of 2025, reporting revenue of $12.46 billion surpassing the analyst consensus of $12.39 billion largely driven by resilient demand for its signature sodas and a surging interest in its zero-sugar variants. Excluding one-off items, earnings stood at 82 cents per share, besting expectations of 78 cents. Despite a challenging backdrop of inflation concerns and cooling consumer spe
Oct 213 min read


Apple confronted with new antitrust challenge in China over App Store dominance
20 October 2025 People walk past the Apple logo at a booth showcasing Apple's suppliers, during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. REUTERS/Florence Lo A group of 55 iPhone and iPad users in China has lodged an antitrust complaint with the State Administration for Market Regulation (SAMR), accusing Apple Inc. of abusing its dominant position in the Chinese digital market by mandating the use of its own App Store and In-
Oct 203 min read


New era of global trade headaches dawns as US-China rivalry reshapes economic outlook
19 October 2025 A U.S. flag flutters near a ship as it's containers are unloaded at the Port of Los Angeles, in San Pedro, California, U.S., May 1, 2025. REUTERS/Mike Blake Amid the ongoing tension between the United States and China, the global economic landscape appears to be shifting into what policymakers are calling a “new normal” one defined by structural uncertainty, supply-chain realignment and deepening skepticism about the resilience of globalization. At this week’s
Oct 193 min read


Spyware maker NSO Group barred from targeting WhatsApp and ordered to pay reduced damages
18 October 2025 A U.S. federal court has delivered a decisive blow to Israeli spyware firm NSO Group, issuing a permanent injunction barring it from targeting WhatsApp with its surveillance tools and drastically cutting the damages it must pay to WhatsApp’s parent company. The ruling, issued by U.S. District Judge Phyllis Hamilton, follows years of litigation between WhatsApp, owned by Meta Platforms, and NSO Group, whose flagship spyware product Pegasus has been at the cente
Oct 183 min read


Xiaomi shares plunge in their worst week in over three years following safety concerns tied to EV crashes
17 October 2025 A staff member cleans a Xiaomi SU7 electric vehicle displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo Shares in Chinese technology firm Xiaomi tumbled sharply last week, recording their steepest weekly decline in more than three and a half years amid safety concerns sparked by two notable accidents involving its electric vehicle model. The drop was significant: o
Oct 172 min read


UK government launches “concierge” service to court financial firms and boost investment
16 October 2025 British Chancellor of the Exchequer Rachel Reeves delivers her keynote speech at Britain's Labour Party's annual conference in Liverpool, Britain, September 29, 2025. REUTERS/Hannah McKay/File Photo The United Kingdom has rolled out a new Office for Investment: Financial Services, essentially a concierge hub built to simplify and encourage investment into Britain’s financial sector. The idea is to offer a one-stop service that helps prospective investors choos
Oct 162 min read
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