Stay informed, stay ahead.
With wars raging in Ukraine and the Middle East, demand for the once-niche war risk insurance market has soared worldwide. In Ukraine, residents like Natalia Grishko and Ekaterina Vasylieva say specialist insurance proved invaluable after Russian missile and shrapnel strikes damaged their homes and cars. While standard policies exclude conflict damage, dedicated war risk cover…
In a bold shift across the AI industry, more than 20 leading researchers have left roles at OpenAI, Google DeepMind, and Meta to join Periodic Labs, a new startup aiming to blend artificial intelligence with scientific discovery. Periodic Labs emerged from stealth with a $300 million seed round, backed by prominent investors including Andreessen Horowitz,…
Bollywood superstar Shah Rukh Khan has officially entered the billionaire club, with his wealth now estimated at $1.4bn (£1.03bn), according to the Hurun India Rich List 2025. The 59-year-old actor becomes one of the world’s richest entertainers, joining global names like Rihanna, Tiger Woods, Taylor Swift and Arnold Schwarzenegger. His fortune comes largely from stakes…
Asian fast-fashion giant Shein has chosen France to open its first permanent outlets, starting with concessions in Paris department stores before expanding to five other cities including Dijon, Reims, and Grenoble. The move marks a shift for Shein, which until now relied on online sales and temporary pop-ups. Partnering with Societe des Grands Magasins (SGM),…
New York — A surprise announcement from President Donald Trump has unsettled foreign workers and U.S. companies alike, after the administration revealed plans to raise H1-B visa application fees to $100,000. The move, aimed at deterring what the White House describes as “abuse” of the program, initially created confusion. Officials later clarified that the fee…
Beijing – Chinese stock markets have ignited with renewed vigor as investors pile into technology companies riding the wave of artificial intelligence (AI). The rally is being led by major names like Alibaba, Baidu, and JD.com, whose shares have surged following announcements of new AI initiatives and partnerships. Alibaba’s stock leapt 3.5% in Hong Kong,…
Japanese brewing giant Asahi has been forced to suspend orders and shipments after a cyber-attack crippled its domestic operations, sparking warnings of product shortages across the country. Convenience store chain FamilyMart said its Famimaru bottled teas, produced by Asahi, could soon run out of stock, while Lawson and Life Cooperation also warned customers of possible…
The family of 19-year-old Krysta Tsukahara has filed a wrongful-death lawsuit against Tesla, alleging that a flaw in the Cybertruck’s door design prevented her from escaping after the vehicle caught fire following a crash. According to the court filing in Alameda County Superior Court, the Cybertruck crashed at high speed into a tree in Piedmont,…
Inside Chris Zephro’s warehouse, latex masks, “Saw” props, and zombie board games line the shelves, reflecting his lifelong passion for horror. But this Halloween season, the real fright isn’t gory props — it’s the financial bleeding caused by U.S. tariffs on Chinese imports. Zephro’s company, Trick or Treat Studios, supplies more than 10,000 retailers worldwide,…
New York — Amazon will pay a record-breaking $2.5 billion settlement to the U.S. Federal Trade Commission (FTC), ending a two-year legal battle over allegations that the company tricked consumers into enrolling in its Prime subscription service and then made cancellations deliberately difficult. The agreement, announced Thursday, includes a $1 billion civil penalty and $1.5…
