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Nvidia reports record annual revenue of $215.9 billion, equal to £159.1 billion. The company overcomes investor concerns about massive spending on artificial intelligence. In the final quarter, sales rise 73% year on year, far exceeding analyst expectations. CEO Jensen Huang highlights surging demand for computing power. Computing demand is growing exponentially, he says. Customers rush to expand AI compute infrastructure. He calls these systems the factories of the AI industrial revolution. Huang ties them directly to long-term business growth. Nvidia Reinforces Its Lead in AI Infrastructure Nvidia becomes the world’s most valuable publicly traded company, with a market value near…
A recent psychiatric study shows a new therapy using synthetic DMT may help reduce depression symptoms quickly. Researchers tested the psychedelic compound alongside structured support sessions. Early results suggest patients experienced meaningful improvements in mood and overall well-being. DMT depression therapy success highlights a potential alternative for those who have not responded to traditional treatments. Standard antidepressants and therapy can take weeks or months to show effects, leaving many patients struggling. Psychedelic-assisted therapy may provide faster relief and new options for care. In the study, participants received controlled doses of synthetic DMT in a safe clinical setting. Trained therapists guided…
‘ Aston Martin will cut up to 20% of its workforce as it tries to save £40m and stabilise its finances. The luxury carmaker plans to remove about 500 roles. It already eliminated 170 jobs at the start of last year. The company said the latest redundancies follow a review of future staffing needs. The announcement came with new financial results. Pre-tax losses widened to £363.9m in 2025 from £289.1m the previous year. Weak demand, US tariffs and supply chain disruption hurt performance. Chief executive Adrian Hallmark said job cuts form only part of a wider restructuring. He described the…
Strengthening Europe’s Nuclear Presence President Emmanuel Macron is set to detail plans for France to expand its nuclear deterrence role within Europe. Speaking from the Île Longue peninsula, home to the country’s four nuclear-powered ballistic missile submarines, Macron will stress that France’s efforts complement, rather than compete with, the US nuclear umbrella. This will be his first major speech on the topic since 2020, when he first proposed involving European partners in exercises — a suggestion that initially went largely unnoticed. Rising Concerns Across the Continent Interest in France’s nuclear capabilities has grown amid shifting global tensions. Russia’s invasion of…
Paramount Skydance has increased its bid to acquire Warner Bros Discovery and is trying to push Netflix out of the takeover race. The stronger offer could determine who controls one of Hollywood’s largest media companies. Warner Bros said Paramount agreed to raise its offer by one dollar per share. The board said the proposal could reasonably lead to a superior deal. Warner Bros will hold further talks before deciding whether to abandon the deal it signed with Netflix in December. Netflix has four days to submit a counter-offer and did not comment immediately. Netflix Stays Cautious and Avoids Bidding War…
Rising Tensions Over Maritime Claims Kuwait and Iraq are locked in a renewed dispute over their northern Gulf maritime borders, with tensions escalating after Baghdad submitted new coordinates and a map to the United Nations. Kuwait says the areas claimed by Iraq, including the Fasht al-Qaid and Fasht al-Aij shoals, fall within its waters, raising concerns over the region’s strategic waterways and offshore resources. Regional Support for Kuwait Several Gulf states, including Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, and Oman, have voiced strong support for Kuwait, emphasizing the importance of respecting international law. Saudi Arabia noted that parts…
US President Donald Trump has introduced a new global tariff set at ten percent. The tariff took effect after the Supreme Court blocked many of his earlier import taxes on Friday. Trump signed an executive order just hours after the ruling to impose the levy from 24 February. He later threatened to raise the tariff to fifteen percent but has not issued an official directive to increase the rate. The White House has not confirmed whether the higher rate will take effect. Emergency Powers and Market Uncertainty The administration applies the levy under Section 122 of the 1974 Trade Act.…
Unlicensed gambling companies could lose the right to sponsor Premier League clubs under new government plans. Ministers launched a consultation after a series of controversies and regulatory concerns. Several top-flight teams, including Everton, Fulham and Wolverhampton Wanderers, currently display brands linked to online casinos or bookmakers without a British licence. Clubs have already agreed to remove all front-of-shirt gambling sponsors after this season. The voluntary ban will not cover sleeve deals or other partnerships. This gap would still allow overseas operators to promote their brands through English football if they avoid UK customers. The government now wants to close that…
Supreme Court Ruling Sparks Uncertainty European Parliament negotiators on Monday paused the EU-US trade agreement after the US Supreme Court ruled that several 2025 tariffs imposed by President Donald Trump were unlawful. In response, Trump announced new 15% import duties, throwing the future of the agreement into question. German MEP Bernd Lange, chair of the parliamentary trade committee, said the legal situation had “totally changed,” and the EU needed a clear commitment from Washington before moving forward. EU Demands Guarantees on Deal Terms The 2025 pact, originally negotiated by Ursula von der Leyen and Trump, had been criticized in Europe…
The UK has paused a clinical trial on puberty blockers after the medicines regulator demanded stricter safety measures. It warned about unknown long-term biological risks and called for a minimum age of 14. The Medicines and Healthcare products Regulatory Agency will hold talks with King’s College London next week. The Department of Health and Social Care confirmed that recruitment will stay on hold until they resolve the concerns. The Pathways trial followed a recommendation from the Cass review. That review found weak evidence for the benefits of puberty blockers in young people. Hilary Cass said only a controlled trial could…
