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Elena Rybakina and Jessica Pegula pulled off upsets in the Australian Open quarterfinals, defeating top seeds Iga Swiatek and Amanda Anisimova, respectively. Second-seeded Swiatek, who has never won the Australian Open title, her only Grand Slam, lost 7-5, 6-1 after sixth-seeded Rybakina took advantage of her error-filled shots. The 24-year-old Polish player made 25 unforced errors and hit just 10 winners. Rybakina, 26, had a solid ground game with 25 winners and 19 unforced errors. “I’m really happy with the win,” Rybakina said in an on-court interview. “I was just trying to stay aggressive because we know each other so…
Self-driving car startup Waabi has raised $1 billion and partnered with Uber to introduce self-driving cars on its ride-hailing platform. This is the company’s first expansion beyond self-driving trucks. The funding consists of an oversubscribed $750 million Series C round co-led by Khosla Ventures and G2 Venture Partners and approximately $250 million in milestone-based capital from Uber to support the deployment of more than 25,000 Waabi Driver-powered robotaxis on its platform alone. The companies have not disclosed a timeline for such a large-scale implementation. The partnership represents a bet that the startup’s AI technology can succeed where other companies have…
The company logo before the unveiling of the ASML US Technical Training Academy on November 20, 2025 in Phoenix, Arizona, USA. Rebecca Noble | ReutersLONDON — European stocks were mixed on Wednesday morning as regional investors closely watched major earnings reports.The pan-European Stoxx 600 index was flat in early trading, with no consensus across sectors or major exchanges. On Wednesday morning, Dutch semiconductor giant ASML reported better-than-expected orders and a better-than-expected sales outlook for 2026.The company’s shares rose 5.9% in early trading, pushing European peers higher as well. chip equipment manufacturers ASMI 2.2% higher ST Micro rose 4%, infineon Added…
Some 1.2 million Russian soldiers have been killed, injured or missing since the invasion of Ukraine nearly four years ago, the highest casualty total for a major military power since World War II, according to a new report from a prominent international think tank. And the huge human toll has resulted in relatively small battlefield gains, with the area of Ukraine controlled by Russia increasing by just 12% since 2022, according to a report by the Center for Strategic and International Studies. The report challenges the assumption in many circles, including the White House, that a Russian victory in Ukraine…
Novak Djokovic advanced to the Australian Open semi-finals on the 13th after Lorenzo Musetti, who led by two sets at Melbourne Park, was injured in the third set.Musetti’s retirement while leading 6-4, 6-3, 1-3 meant Djokovic had made a grand escape in his most successful hunting ground, with the 10-time champion still alive for her 25th solo major attempt to break a draw with Margaret Court. The 38-year-old Serbian returned to action after a long break following a walkover to Sunday’s fourth-round opponent Jakub Mencik, and showed freshness with a sharp start, providing plenty of variety and grabbing an early…
U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office of the White House on February 13, 2025 in Washington, DC.Andrew Harnik | Getty Images News | Getty Images All eyes are on British Prime Minister Keir Starmer, who is embarking on a high-stakes three-day visit to China, the first British prime minister to do so since 2018.Starmer will meet Chinese President Xi Jinping and Premier Li Qiang on Thursday, accompanied by around 60 British businesses and cultural organizations, an official UK statement said. Topics covered trade, investment and national security, highlighting the breadth and…
This report is from CNBC’s The China Connection newsletter this week, delivering insights and analysis on the powerhouse of the world’s second-largest economy. You can subscribe here.big storyA Chinese humanoid robot is about to arrive in the United States before Elon Musk is ready to sell his Optimus machine.During my visits to Shenzhen, China’s “Silicon Valley,” over the past two years, I watched humanoid startup LimX Dynamics move from bare-bones facilities to modern office towers with expansive views and bolder ambitions.The company is currently considering a business partnership in the United States, founder Will Chan said in an exclusive interview…
Premier League clubs participating in Europe will face an overcrowded fixture list if they fail to finish in the top eight in their respective league phases, with some predicting nine games in just 29 days.Teams that finish in the top eight will automatically advance to the knockout stage, eliminating the need to play two extra playoff games. After the win at Inter Milan, Arsenal not only secured a place in the last 16, but also secured a top-two finish. This means all second-leg knockout matches will be played at the Emirates. Meanwhile, in the Europa League, Aston Villa defeated Fenerbahce…
Bernard Arnault, Chairman and CEO of LVMH Moët Hennessy Louis Vuitton, speaks at a press conference to announce LVMH’s 2023 annual financial results on January 25, 2024 in Paris, France. Benoît Tessier | ReutersLVMH Shares plunged more than 7% in morning trading Wednesday after the French luxury conglomerate reported slightly higher fourth-quarter sales late Tuesday, but failed to impress investors who had set the bar high following strong earnings from rivals. LVMH’s stock price recently fell 7.5%, but rival Gucci’s owner also kering It fell by 5%.Organic revenue increased 1% in the fourth quarter to total 22.7 billion euros ($27.2…
A signboard for SK Hynix’s booth at the China International Import Expo (CIIE) held in Shanghai, China on Thursday, November 6, 2025. The expo will be held until November 10th. Photographer: Qilai Shen/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesSouth Korea’s SK Hynix posted record sales and profits for the quarter on Wednesday, boosted by soaring memory prices and demand for its generative AI chipsets, putting it in competition with rival Samsung to be the world’s top memory producer. Below is a comparison of the company’s results with LSEG SmartEstimates, which emphasizes more consistently accurate analyst forecasts.Revenue: 32,827 billion…