Author: Editor-In-Chief
Arda Kukkaya | Anadolu | Getty ImagesMeta Shares were rising before U.S. markets opened on Thursday after reports the company planned to lay off more than 20% of its workforce to accommodate this year’s staggering AI spending plans. The timing and details of the layoffs have not yet been finalized, but executives at the tech giant have told executives to come up with a layoff plan, three anonymous people familiar with the matter told Reuters in a story published on Saturday. The company’s shares were last up 2.7% in premarket trading at 6:16 a.m. ET, after falling nearly 4% on…
It is being touted as the most entertaining Six Nations ever, and looking at the pre-tournament script compared to the end credits, you can see just why.’Unpredictability’ was the defining characteristic of a Six Nations showing that left the audience gripped at every twist and turn. It was a non-stop action blockbuster with a finale that lived up to the hype as a total of 29 tries were scored across ‘Super Saturday’, the most ever for a single day in the championship’s history and two more than the previous highest in 2015. Image: France are Six Nations champions once again…
Global markets have been in turmoil since the first US and Israeli attacks on Iran at the end of February. This is because soaring oil prices are putting pressure on stock prices, and even so-called safe assets are being dragged into volatility. Government bonds, which are often used to hedge portfolios against riskier assets such as stocks, are no exception. Bond yields and prices move in opposite directions. Developed country government bonds are typically seen as stable investments that can hedge stock market volatility in portfolios, so yields typically fall as investors seek safety and stock prices plummet. But in…
“A mystery wrapped in a mystery within a mystery.” Winston Churchill famously described Russia (then the Soviet Union) in this way in 1939.To this day, I can think of no better way to explain the complexities of trying to decipher Russia, its leadership, and its motives. The conundrum for me was reinforced again last week during my first conversation with a senior Russian official since the 2022 invasion of Ukraine.Before Russia invaded and annexed Crimea in 2014, I visited Russia frequently and witnessed Russia’s integration into the post-Soviet world system. From the G8 meeting in St. Petersburg to the G20…
The same Palestinian family of four, including two boys aged 5 and 7, were shot dead by Israeli soldiers in the West Bank as they went for a late-night drive to break their Ramadan fast, the Palestinian Authority reported. The Israeli military said the soldiers opened fire because they felt threatened by the movement of the family’s car. This is the latest incident in a growing number of fatal killings of Palestinians by Israeli soldiers or Israeli settlers in the occupied Palestinian territories. One of the two surviving boys, 11-year-old Khalid Bani Odeh, said Ali Bani Odeh, 37, and his…
Peerless Fernandes takes creative genius to new heights Please use Chrome browser for a more accessible video player FREE TO WATCH: Highlights from Manchester United’s match against Aston Villa in the Premier League Bruno Fernandes is the ultimate master of his craft. Even when not playing well, he’s better at creating than most. Perhaps even the best in his position in Europe right now. His latest outing was an exhibition of efficiency. The captain’s goals contributions have been worth 26 points to Manchester United this season, and his pair of assists against Villa changed the course of the game in…
Oil prices fell on Monday after US President Donald Trump called on other countries to help preserve the Strait of Hormuz.Bloomberg Creative | Bloomberg Creative Photography | Getty ImagesThe movement in oil due to the news flow of the Iran war has attracted retail investors to the world’s most traded commodity, further increasing volatility. Small investors have poured record amounts into oil-related exchange traded funds (ETFs) in recent weeks as prices soared on concerns of Middle East conflict and prolonged disruptions to the flow of oil through the Strait of Hormuz.The rush has some analysts pointing to similarities with past…
A family sits with a shipyard in the background off the coast of Fujairah, a coastal city in the Strait of Hormuz in the northern emirate on February 25, 2026.Giuseppe Cacasse | AFP | Getty ImagesA drone attack in Fujairah, the United Arab Emirates’ main oil trading hub, caused a massive fire, but no injuries were reported, authorities said on Monday. “Emirati civil defense teams immediately responded to the incident and continued efforts to put it down,” the Fujairah Media Authority said on social media, according to Google Translate. Reuters reported, citing two unnamed sources, that oil loading operations at…
Dhaka, Bangladesh — Every day, Shakil Khan rides his bicycle through Dhaka’s relentless traffic, delivering goods and picking up passengers across the city. But these days, people spend hours waiting in long lines at gas stations to fill up their bikes within the government’s fuel purchasing limits. Khan is one of tens of millions of Bangladeshis suffering from oil and gas shortages as US and Israeli military strikes against Iran hit fuel supplies around the world. “My daily income is decreasing because of the oil shortage,” Khan said as a line of motorbikes snaked behind him through the streets of…
Aryna Sabalenka won her first Indian Wells title, defeating strong rival Elena Rybakina in a thrilling final that lasted more than two and a half hours in the scorching California heat.The world No. 1 fought back from a set down to win 3-6, 6-3, 7-6 (8-6) and held off a match point in the final set tie-break as she fought for a historic victory. The win follows Sabalenka’s recent engagement, after which she flashed her engagement ring to the crowd and welcomed a new puppy onto the court to celebrate. “It was an amazing week getting a puppy, getting engaged,…