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News
Nvidia to provide up to $105 billion backstop for OpenAI data center
9+ hour, 8+ min ago (156+ words) Nvidia reached a deal on Monday to provide up to $105 billion to backstop a new OpenAI data center in Ohio, as Big Tech ramped up its debt-fueled AI splurge. Nvidia reached a deal on Monday to provide up to $105 billion…...
German companies slash US investments
9+ hour, 18+ min ago (141+ words) Firms slashed investments to a three-year low to limit exposure to Washington’s uncertain trade policies. German companies cut their US investments to a three-year low in the first half of 2026, Reuters reported, as firms limited their exposure to Washingtonâs…...
China’s economic headwinds deepen
9+ hour, 18+ min ago (139+ words) China’s consumer spending and investment slumped further in July. China faced deepening economic headwinds in July, state data showed, as consumer spending and investment slumped further Chinaâs consistently weak domestic demand has long been outmatched by the countryâs…...
US consumption shows signs of strain
9+ hour, 27+ min ago (130+ words) Consumer sentiment fell in August for the first time in months, data showed, as the intensifying US-Iran conflict stoked cost-of-living concerns for Americans. US consumption shows signs of strain US consumption has remained remarkably strong despite higher fuel prices sparked…...
Ebola outbreak in DR Congo becomes deadliest in country’s history
9+ hour, 32+ min ago (141+ words) The current outbreak is spreading five times faster than previous ones. Ebola outbreak in DR Congo becomes deadliest in country’s history The Ebola outbreak in the DR Congo became the deadliest in its history, with the virus “killing someone every…...
Exclusive: Trump’s Oman threat follows concerns over Hormuz
11+ hour, 55+ min ago (120+ words) President Donald Trump’s new warning to Oman comes as the country continues talks with Iran on access to the Strait of Hormuz — though not necessarily on terms the US would welcome. A US official told Semafor there’s concern that “Oman…...
Exclusive: L3Harris CEO ousted for relationship with subordinate
14+ hour, 43+ min ago (256+ words) Chris Kubasik was previously fired from Lockheed Martin after a similar probe more than a decade ago. The ScoopL3Harris CEO Chris Kubasik was ousted by his board after an independent probe found he engaged in an inappropriate relationship with an employee,…...
Senegal raises fuel prices to keep subsidy costs in check
14+ hour, 53+ min ago (174+ words) The government has spent nearly all of its full-year allocation for fuel subsidies already. Senegal raised fuel prices by 7% in order to contain the cost of subsidies, underscoring Africaâs vulnerability to foreign energy shocks like the one sparked by…...
Fresh scandal hits South Africa’s Democratic Alliance
14+ hour, 53+ min ago (194+ words) South Africa’s central bank is investigating a fintech firm co-founded and chaired by the DA’s head of finance. South Africaâs central bank is investigating a fintech firm co-founded and chaired by a senior official in the coalition governmentâs…...
Zambia’s president pulls ahead in reelection bid
14+ hour, 53+ min ago (152+ words) The lead puts Hichilema on course to secure a second term at the helm of Africa’s second-biggest copper producer. Zambia’s president pulls ahead in reelection bid Zambia’s President Hakainde Hichilema took a commanding lead in the general election, putting him…...