Kuwait faces a growing energy crisis due to extreme heat, aging infrastructure, and frequent power outages, despite ambitious plans to boost renewable energy to 15% by 2030 from its current less than 1%.A Rystad Energy analysis suggests this ambitious goal may be unattainable.“Our current projections estimate renewable capacity will only…
Oracle is poised to play a key role in a new framework deal aimed at keeping TikTok operational in the United States, according to CBS report.The discussions between the US and China seek to address Washington’s concerns about data security while allowing TikTok to continue serving its sizable American user…
US President Donald Trump has launched a bombshell legal attack against one of America’s most iconic newspapers. Trump is suing The New York Times for $15 billion, accusing the paper of relentlessly pushing false stories about him, his family, and his business empire. Calling the Times a “mouthpiece” for the…
Vietnam has raised alarm over a new US ruling that could strip the country’s seafood industry of $500 million in annual revenue, threatening thousands of jobs and disrupting bilateral trade. The ban, which takes effect on 1 January, follows a decision by the US National Oceanic and Atmospheric Administration (NOAA)…
The European stock markets opened in red on Tuesday, reflecting a delicate mix of hope and caution as investors prepare for a key Federal Reserve meeting.The STOXX Europe 600 plunged 0.18%, London’s FTSE 100 slid 0.2%, while Germany’s DAX inched up slightly but showed signs of some early nervousness.Traders are…
Nvidia’s latest AI chip, developed specifically for the Chinese market, is running into significant obstacles, and the problem runs deeper than just technology. An exclusive report by Reuters unpacks why Nvidia’s efforts to maintain and grow its footing in China are proving much tougher than expected.Nvidia’s AI chip for China’s…
In an unusual turn from the typical football pitch, players are now lining up for a different kind of fiery kick: a searing shot of Cypriot olive oil. The peppery, throat-burning liquid, produced by a small Cypriot plant, is part of a performance revolution, thanks to its high concentration of inflammation-busting…
The Lloyds share price has rebounded in the past few days, moving from a low of 77.40p earlier this month to 84.22p today. LLOY has jumped by over 68% from its lowest level this year, bringing its market cap to over £50 billion. Bank of England interest rate decisionThe main catalyst…
US-China tensions are causing a shift in global gold market dynamics. Escalating trade tensions with the US have prompted China to take a defensive stance economically. This has become a major gold price driver in 2025 and that trend is expected to continue in the years ahead. The widening gap…
The US National Highway Traffic Safety Administration (NHTSA) said Tuesday it has opened a preliminary evaluation into Tesla Inc.’s Model Y vehicles from the 2021 model year after reports of electronic door handles becoming inoperative.The regulator said the malfunction could leave occupants trapped inside, as the electronic handles can lose…