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Ben Powell, chief strategist for the Middle East and Asia Pacific at BlackRock Investment Institute, spoke at the Abu Dhabi Finance Week (ADFW) conference.Bloomberg | Getty ImagesBen Powell, chief investment strategist for APAC at BlackRock, said the wave of capital flowing into artificial intelligence infrastructure was far from peaking, arguing that the sector’s “grab and dice” suppliers – from chipmakers to energy producers to copper wire manufacturers – remained the clearest winners as hyperscalers competed for spending against each other.Powell told CNBC on the sidelines of Abu Dhabi Finance Week on Monday that the surge in AI-related capital spending shows…
Ukrainian leaders face growing pressure from the United States to accept a deal that Russia has hinted will meet its wishes.Published December 8, 2025December 8, 2025Click here to share on social mediaShare 2shareUkrainian President Volodymyr Zelenskiy is scheduled to meet with key European allies as the United States ramps up pressure on Kiev to agree to a peace plan aimed at ending the war with Russia.President Zelensky will meet with the leaders of Britain, France and Germany in London on Monday to seek defense and security support and discuss revisions to the US peace plan.Recommended stories list of 4 itemsend…
England have yet to win a Test since 1986 after a two-day struggle in Perth followed by a four-day struggle in Brisbane, but Michael Atherton looks at where they went wrong and what positives can be taken ahead of their third Ashes clash in Adelaide from December 17.You may have to fight hard to earn the right to be aggressive and aggressive. It’s not defensive at all. It’s fine to have that as a basic ethos because I don’t want to see England go back to being a defensive team that retreats into its own shell and doesn’t chase targets.…
U.S. Treasury yields were steady on Monday as expectations continued to rise on expectations of a rate cut at the Federal Reserve’s meeting on Wednesday. As of 2:39 a.m. in New York, the 10-year US Treasury yield was unchanged at 4.141%, and the 30-year US Treasury yield was little changed at 4.794%. The yield on two-year U.S. Treasuries was little changed at 3.561%. One basis point equals 0.01%, and yields and prices move in opposite directions.Markets expect the Fed to cut key interest rates at its final meeting of the year, with traders pricing in about an 87% probability that…
(L/R) Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump pose for a family photo with other European leaders in the Cross Hall of the White House on August 18, 2025 in Washington, DC. Andrew Caballero-Reynolds | AFP | Getty ImagesTensions between US President Donald Trump and President Volodymyr Zelenskiy are rising again after the White House leader accused the Ukrainian head of state of not yet reading the US peace plan.”I’m a little disappointed that President Zelenskiy still hasn’t read the proposal as of a few hours ago,” Trump told reporters Sunday night. Trump added: “The people love this…
After spending a lifetime reciting the Taj Mahal’s story of eternal love, veteran tour guide Vishu Das says his faith was shattered. “What if the story we’ve been telling for years is a lie?” he asked distraught, looking at the monument from a nearby rooftop. His desperation leads to a radical suggestion: “Can we run a DNA test on the Taj Mahal?” The moment ends with the dark conclusion: “We are spreading lies.” This is a scene from Indian director Tushar Goel’s controversial film The Taj Story, which was released in October and challenges the canon of one of the…
Celtic’s new manager Wilfried Nancy pointed out that there were “really good moments” on his debut in the dugout, despite losing 2-1 to league leaders Hearts, and according to Chris Boyd, the win showed the team could win the title race “to the end”. Caretaker manager Martin O’Neill managed to overturn an eight-point gap at the top with five consecutive league wins, before Nancy’s opener resulted in a 2-1 defeat at home, handing the advantage back to the visiting nation. Celtic got a consolation in the 93rd minute with a goal from centre-back Kieran Tierney. Nancy tried to stamp their…
Elon Musk has called for the European Union to be abolished after it fined his social media company The European Commission on Friday handed down judgment against X after a two-year investigation into the company under the Digital Services Act (DSA), adopted in 2022 to regulate online platforms. At the time, Musk wrote in response to a post from the committee about X: “Bulls…”On Saturday, he doubled down on his criticism of Bullock. “The EU should be abolished and sovereignty returned to individual countries so that governments can better represent their people,” he said in a post on X.Musk’s comments…
The Houston Texans shut down Patrick Mahomes and the Kansas City Chiefs on Monday at Arrowhead, relying on the NFL’s top-ranked defense for a 20-10 victory as CJ Stroud rushed for 203 yards and a touchdown.Nico Collins had four catches for 121 yards and Dare Ogunbouere added the game-winning touchdown run in the fourth quarter as the Texans (8-5) won their fifth straight game overall and maintained a game lead over the Jacksonville Jaguars in the AFC South. Operating behind a struggling offensive line, Mahomes was just 14-of-33 for 160 yards with no touchdowns and three interceptions, his last interception…
A cargo ship loaded with containers departs from Qingdao Port in Qingdao City, Shandong Province, China, on December 4, 2025. Cost Photo | Null Photo | Getty Images China’s goods bound for the U.S. fell for the eighth consecutive month despite a recent trade deal between the two economies, even though overall exports exceeded market expectations in November as manufacturers piled up shipments to other markets. China’s overseas shipments rose 5.9% in US dollar terms from a year earlier last month, customs data showed on Monday, beating the 3.8% increase expected by economists polled by Reuters. The growth marks a…