Author: News Desk

AI chip giant Nvidia shares fall despite record sales Nvidia’s shares dropped by 6% in after-hours trading despite the AI chipmaker posting record sales of $30 billion over a three-month period, more than doubling its revenue from the same period last year. This figure exceeded analysts’ expectations of $28.7 billion. Nvidia has been a major player in the AI boom, pushing its market value above $3 trillion.  However, some analysts, including Simon French from Panmure Liberum, suggest that Nvidia’s rapid growth may be starting to slow, which contributed to the decline in its share price. “It’s less about just beating…

Floods in Indian state kill 28 and displace thousands Severe flooding in the western Indian state of Gujarat has killed at least 28 people and forced over 24,000 to evacuate their homes since Sunday, following heavy rains. Overflowing rivers and reservoirs have surpassed danger levels, prompting the Indian army and national disaster response teams to carry out extensive rescue and relief operations in the hardest-hit areas. The state remains on high alert as the weather department forecasts more heavy rains in the coming days. Gujarat is frequently affected by severe floods during the monsoon season. A government report highlights that…

Telegram boss banned from leaving France in criminal probe Pavel Durov, the founder and CEO of Telegram, has been placed under formal investigation in France over alleged involvement in organised crime facilitated through the messaging app, according to Paris prosecutors. Durov, 39, is not in custody but is under judicial supervision, requiring him to pay a €5 million deposit, report to a French police station twice a week, and remain within French territory. The Russian-born billionaire, who holds French citizenship, was detained last Saturday at Le Bourget airport near Paris under a warrant related to activities on the Telegram platform.…

Three crew investigated over Bayesian yacht sinking Italian authorities have expanded their investigation into the sinking of the Bayesian yacht, which resulted in the deaths of seven people, including British tech entrepreneur Mike Lynch. The inquiry now includes the ship’s engineer, Tim Parker Eaton, and sailor Matthew Griffith, alongside the yacht’s captain, New Zealander James Cutfield, who was already under investigation for manslaughter and causing the shipwreck. The 56-meter yacht, flying a British flag, sank rapidly off the northern coast of Sicily during a pre-dawn storm on August 19 while anchored. Parker Eaton was reportedly responsible for securing the yacht’s…

Venezuelan opposition leader’s lawyer detained Venezuelan opposition leader María Corina Machado’s lawyer, Perkins Rocha, has been detained, marking the latest in a series of arrests targeting opposition figures since last month’s disputed presidential election. Rocha, who also serves as a legal adviser for the Vente Venezuela party, was reportedly seized by unidentified men, and his whereabouts remain unknown. President Nicolás Maduro’s government has detained over 2,400 people in the past month, which the UN describes as creating “a climate of fear.” Human rights group Provea warns that political persecution has intensified since July 29, when the National Electoral Council (CNE)…

World Food Programme halts Gaza staff movements The World Food Programme (WFP) has announced a halt to the movement of its staff in the Gaza Strip “until further notice” following an attack on its convoy near an Israeli checkpoint. According to the WFP, the incident occurred on Tuesday evening at the Wadi Gaza bridge when two of its armoured vehicles, escorting a convoy of humanitarian aid trucks, came under fire. Although no injuries were reported, one vehicle was directly hit despite the convoy being clearly marked and having received multiple clearances from Israel. “It sustained at least 10 bullets: five…

At least 10 Palestinians killed in Israeli raids in West Bank Israeli forces have launched a significant operation in the north of the occupied West Bank, resulting in the deaths of at least 10 Palestinians, according to the Palestinian health ministry. The Israeli military described the action as a “counterterrorism operation” targeting Jenin and Tulkarm, where they reported killing five armed individuals. Additionally, four more were killed in an airstrike at the al-Faraa refugee camp near Tubas, and another death occurred west of Jenin. Local journalists have noted that this operation is the largest seen in the West Bank since…

Man in a wheelchair stabbed to death in East London after street fight | UK News A man in a wheelchair Stabbed to death in East London yesterday afternoon. The man in his 30s, described by a local butcher as a ‘good boy’, was found with a stab injury on Rushmore Road, a residential area of Lower Clapton. Video shared on social media claimed the man was stabbed to death in East London with a machete, but this has not been confirmed by police. Two men have been arrested Officers had been called to reports of a fight at 3.38pm…

Man Utd, Chelsea and Arsenal could all target late deals Premier League giants Chelsea, Manchester United and Arsenal are all expected to target late deals before the summer transfer window closes. Spending by Premier League clubs in the transfer market was £800m down on last summer ahead of the final week of the window. Almost £1.5bn has been splashed out on transfers but that is still way down on last summer with less than 48 hours remaining for clubs to bolster their squads. The looming threat of transfer bans and even points deductions for clubs who fail to meet profit…

EU’s foreign policy chief Josep Borrell calls for three-day ceasefire to stop polio spread in Gaza The polio disease has re-emerged in Gaza more than two decades after it was eradicated. The European Union’s foreign policy chief, Josep Borrell, has called for an immediate three-day humanitarian ceasefire in the Gaza Strip to allow the population to be vaccinated against the fast-spreading poliovirus. “I urge an immediate 3-day humanitarian ceasefire to enable vaccination by WHO (the World Health Organisation) and UNICEF (the UN’s children fund) – independent of wider negotiations. Our humanity demands it,” Borrell said in a post on X. The type…