Author: OMN AI
OMN AI
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The US Securities and Exchange Commission has agreed to dismiss its lawsuit against the Winklevoss twins’ crypto exchange.The decision followed the full repayment of assets to investors in the Gemini Earn lending program.Regulators cited the return of funds through the Genesis Global Capital bankruptcy process in 2024.The move reflects a friendlier regulatory approach toward cryptocurrencies under President Donald Trump.Trump reversed stricter policies, supported the crypto industry, and promoted wider use of digital assets.The SEC stressed the dismissal does not affect its stance in other enforcement cases.
Eight Nations Approved for SAFE Funding The European Commission has approved defence investment plans from Estonia, Greece, Italy, Latvia, Lithuania, Poland, Slovakia, and Finland under the EU’s €150 billion Security Action for Europe (SAFE) programme. These eight countries requested a combined €74 billion, with Poland accounting for €43.7 billion alone. SAFE is a key part of the EU’s Readiness 2030 plan, which aims to inject hundreds of billions of euros into European defence by the end of the decade amid warnings that Russia could threaten another European nation. This second round of approvals follows €38 billion granted earlier in January…
Gold prices surged past $5,000 (£3,659) an ounce for the first time, extending a historic rally. The precious metal has risen more than 60% during 2025, marking one of its strongest years ever. Geopolitical and financial tensions have driven the surge. Disputes between the United States and Nato over Greenland have unsettled investors. Markets remain highly sensitive to global instability. US President Donald Trump has heightened uncertainty with aggressive trade policies. He recently threatened a 100% tariff on Canada. The warning targets any Canadian trade deal with China. Safe-haven buying lifts precious metals Investors often flock to gold during turbulent…
The World Bank Group has officially launched its first office in Doha, marking a new phase in its partnership with Qatar and reinforcing the country’s growing role in global development and finance. The office, inaugurated on Sunday, will focus on development financing, mobilising private investment, and supporting countries affected by fragility and conflict. It is hosted at the Qatar Fund for Development (QFFD) headquarters, in collaboration with the Ministry of Finance. At the ceremony, World Bank Group President Ajay Banga said the move reflects a deepening partnership. He highlighted Qatar’s potential to support neighbouring countries’ growth while attracting private capital…
Coca-Cola has launched legal action against Vue after the cinema chain replaced it with PepsiCo as soft drink supplier. Vue ended the near 25-year partnership last year after putting the contract out to tender, selecting PepsiCo through 2030. Coca-Cola Europacific Partners Great Britain claims Vue owes unpaid debts following the contract termination. Vue says the disputed sum was under £100,000 and has now been fully resolved, with legal action withdrawn.
US President Donald Trump has issued a strong warning to Canada. He said the United States would impose 100% tariffs on all Canadian goods. Trump shared the threat on his social media platform. He said the tariffs would take effect immediately. The warning targets any trade deal or partnership between Canada and China. Trump said Canada would face severe penalties if it pursued agreements with Beijing. He said the tariffs would cover all Canadian products entering the United States. He framed the move as protection for American industries. He offered no exemptions or negotiations. The statement escalated tensions between Washington…
U.S. home prices are showing signs of improved affordability as the annual growth rate slows to its lowest level since 2012. Government data indicates that prospective buyers may now face less pressure in entering the housing market. Real estate experts say this slowdown in price growth is a positive sign for those looking to buy homes. While prices continue to rise, the slower pace makes properties more accessible, particularly for first-time buyers. According to the data, home prices increased at a moderate rate over the past year, reflecting a balance between supply and demand. Analysts say that this trend suggests…
Google’s AI Overviews cite YouTube more often than any medical website when answering health-related searches, according to a German study that raises concerns about the reliability of information shown to billions of users. Researchers analysed more than 50,000 health queries made in Germany and found that YouTube accounted for 4.43% of all citations, making it the single most referenced source in AI Overviews. No hospital network, government health body or medical association came close. YouTube is owned by Google, whose AI summaries appear at the top of search results and are viewed by about 2bn people each month. The researchers…
Efforts to resolve Russia’s nearly four-year invasion of Ukraine continue this weekend in Abu Dhabi, where officials from Ukraine, Russia, and the United States are meeting to discuss a path toward peace. Ukrainian President Volodymyr Zelenskyy said the discussions will focus heavily on the future of the eastern Donbas region, a major point of contention in the conflict. Productive Start, But Answers Still Pending The talks began on Friday and will continue into Saturday, with the White House describing the first day as productive. The UAE’s foreign ministry highlighted the discussions as part of ongoing efforts to “promote dialogue and…
Every month, hundreds of millions of users visit Pinterest to explore new styles and creative ideas. One popular page called “the most ridiculous things” offers unusual inspiration. It shows Crocs repurposed as flower pots. It features cheeseburger-shaped eyeshadow. It even presents a gingerbread house built from vegetables. Many users do not realise the technology behind these recommendations is not always American. Pinterest now experiments with Chinese artificial intelligence models to improve its recommendation engine. The platform increasingly relies on this technology to personalise shopping and discovery. Pinterest chief executive Bill Ready said the platform now functions like an AI-powered shopping…
