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OMN AI
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Donald Trump said he did not want a “wasted meeting” after plans for direct talks with Russian President Vladimir Putin over the war in Ukraine were put on hold. Speaking at the White House on Tuesday, the US president said Moscow’s refusal to stop fighting along the current front line remained the main barrier to progress. Washington halts preparations for Budapest summit A White House official confirmed there were “no plans” for a Trump-Putin meeting “in the immediate future.” The comment followed Trump’s earlier announcement that the two leaders would meet in Budapest within two weeks. This week exposed growing…
France Unveils Tax on Budget Clothing Lines France has moved ahead with a national tax targeting the fast fashion industry in an effort to curb its growing environmental impact. The plan introduces a €5 fee on low-cost garments, which will gradually rise to €10 by 2030. The amount charged will depend on each brand’s sustainability performance and is limited to 50% of the item’s pre-tax value. As part of the initiative, all clothing sold in France will also feature an eco-label detailing its environmental score, encouraging shoppers to make more responsible purchases. Brussels Pushes to Rein In Import Loopholes The…
Pizza Hut’s UK franchise operator, DC London Pie, has entered administration, leading to the closure of 68 restaurants across the country — from Finchley Lido in London to Carlisle and Rhyl — as well as 11 delivery-only sites. The move puts around 1,210 jobs at risk. The restructuring follows the appointment of administrators from FTI Consulting, after which Pizza Hut’s parent company, Yum! Brands — which also owns KFC and Taco Bell — stepped in to buy the UK restaurant operations in a pre-pack administration deal. The deal secures 64 Pizza Hut sites and preserves 1,276 jobs, with those restaurants…
European markets rose on Tuesday morning after several weeks of decline. Investors showed renewed caution amid global political uncertainty. Most major indexes in Europe opened slightly higher as Asian markets extended gains while U.S. futures slipped. By midday, Milan’s stock exchange led the region with a 0.80% rise. UniCredit, Intesa Sanpaolo, Eni, and Leonardo all gained ground. Defence and banking shares drove Italy’s performance. Germany’s DAX fell 0.13%, but defence stocks still posted strong results. TKMS, the newly listed shipbuilder, rose 6.28% after debuting at €60 per share on Monday. Rheinmetall added 0.48% in Frankfurt, while BAE Systems in London…
Amazon Web Services (AWS) announced late Monday that it had resolved a massive outage that left thousands of websites and apps inaccessible for much of the day. More than 1,000 online platforms — including Snapchat and major banks like Lloyds and Halifax — were disrupted after technical issues struck Amazon’s US-based cloud network. Global outage tracker Downdetector reported over 11 million user complaints during the crisis. Experts warned that the incident exposed the risks of global dependence on a few powerful cloud computing providers. Internet breakdown exposes global dependence Professor Alan Woodward from the University of Surrey said the outage…
Millions of young people could miss out on effective treatments because so few take part in medical research, experts warn. Data from the National Institute for Health and Care Research (NIHR) shows that 18- to 24-year-olds make up 8% of England’s population but only 4.4% of research participants, meaning new treatments are often tested mainly on older adults. “This can lead to medicines that aren’t safe or appropriate for younger people,” said Kirsty Blenkins of the Association for Young People’s Health, citing barriers such as low awareness, poor recruitment, and privacy concerns. Dr Esther Mukuka, NIHR’s director for research inclusion,…
Two ground staff killed after jet slides into seaTwo airport employees lost their lives early Monday morning when a Boeing 747 freighter ran off the runway and crashed into the sea at Hong Kong International Airport. The cargo plane, flown by Turkey’s ACT Airlines on behalf of Emirates SkyCargo, was landing from Dubai at around 3:50 a.m. local time when it failed to stop on the north runway. The aircraft plowed through the airport’s perimeter fence, struck a patrol vehicle, and ended up partially submerged in the water. All four crew members escaped with minor injuries and were taken to…
JPMorgan Chase reported a strong quarterly profit as the U.S. economy shows resilience. The bank posted a 12% increase in profits, reaching $14.39 billion. The rise was largely fueled by higher trading revenues and continued consumer spending. This performance highlights the bank’s ability to adapt amid a complex economic environment. Analysts noted that JPMorgan’s results reflect both the strength of the U.S. economy and the bank’s operational efficiency. Trading activity was a major contributor to the growth. Investors remain active in the market, and JPMorgan’s trading desks benefited from increased volatility in bonds and equities. The bank’s trading revenue rose…
It took 11 months and 35 matches for this night to arrive. Rúben Amorim had once called his own side “maybe” the worst Manchester United team ever. His future looked uncertain, and doubts grew louder every week. Even minority owner Sir Jim Ratcliffe had to speak out recently to calm speculation about his job. At last, under the floodlights of Anfield, Amorim’s team delivered a victory that changed everything. A defining night at Anfield This was not a lucky break like the smash-and-grab win over Manchester City last December. This time, United played with control and courage. Bryan Mbeumo’s early…
A new “smart” cancer injection has shown remarkable success in shrinking head and neck tumours within just six weeks, offering hope for patients with advanced or recurrent disease. The drug, amivantamab, works through a triple-action mechanism and is administered as a simple subcutaneous injection rather than lengthy intravenous infusions. Results from the Orig-AMI 4 trial, presented at the European Society for Medical Oncology conference in Berlin, have been described by experts as “incredibly encouraging.” The international study involved 86 patients with recurrent or metastatic head and neck squamous cell carcinoma (HNSCC) who had already undergone chemotherapy and immunotherapy. Of these,…