Author: staff
Higher profits at four of the biggest US banks offered fresh signs of economic resilience, as consumers continued repaying their debts and businesses kept investing heavily in AI. But even as JPMorgan Chase, Citigroup, Wells Fargo and Goldman Sachs reported higher profits than a year ago, they warned about the long-term impact of higher interest rates and the pressure rising prices could put on consumers if inflation is not brought under control. JPMorgan Chase, the largest US bank by assets, posted a $15.3 billion profit in the third quarter, or $5.57 a share, up from $14.4 billion, or $5.07 a…
Published on 13/10/2026 – 16:01 GMT+2 Anthropic announced this week that small AI models are just months away from being able to self-replicate themselves on internet-of-things devices such as smart ovens and TVs. That matters because today’s AI models operate in data centres, where the companies that own them can pull the plug if something goes wrong. A model scattered across thousands of poorly secured gadgets in homes and offices would have no such off switch. Stopping it would mean tracking down and cleaning every infected device, making it extremely hard to halt if it turned to cyberattacks. The latest…
Kyiv usually receives a tip-off about impending Russian missiles via the Battlespace Command and Control Center system, which is operated and controlled by the United States’ military and NATO members, among others. However, Ukrainian Foreign Minister Andrii Sybiha said at the Warsaw Security Forum Tuesday that intelligence sharing through the platform is ongoing. “They [Americans] told Ukrainians no warning happened because of bad weather conditions, which is seen as not an adequate reason in Kyiv. Thus many are getting increasingly worried this might not have been the case,” an official familiar with the matter told POLITICO on condition of anonymity.…
US President Donald Trump confirmed reports on Monday that he is considering dismissing the US ambassador to Greece, Kimberly Guilfoyle, whose position has been rocked by a series of damaging revelations against her. “We are looking into it. We are not satisfied,” said Trump addressing reporters at the White House who questioned her continued appointment amid the recent controversies surrounding her. Trump is expected to decide on the fate of the former fiancée of his eldest son, Donald Trump Jr, soon, according to US media outlets. A senior US official said on Sunday that Trump and US Secretary of State…
Thousands of residents lined the streets, waving Spanish and Ceuta flags, cheering the royal couple and holding signs reading: “Welcome to your home, Your Majesties.” After landing at Ceuta’s heliport, the King and Queen stopped to greet people along the route to City Hall, shaking hands and speaking with residents. They later appeared on the balcony of the Palace of the Assembly, overlooking Plaza de África, alongside Ceuta’s president, Juan Vivas. The visit begins two days of engagements, including meetings with local officials, a school visit, a tribute at the Sidi Embarek Muslim cemetery to people who died during July’s…
The winners of the World Cruise Awards have just been revealed for 2026 – and Norwegian Cruise Line has taken the top prize. Now in its sixth edition, the winners were announced on 12 October at a gala ceremony in Jamaica. Norwegian Cruise Line was named the world’s best cruise line for 2026, beating out nominees including MSC Cruises, Royal Caribbean International and Silversea. As for where you should be going for your next voyage, the UAE’s capital Abu Dhabi was named the world’s best cruise destination. It should be noted that some cruise lines have revised their 2026/27 schedules…
She then added: “I strongly encourage you to buy the book.” The autobiography’s English version is expected to hit the shelves on Feb. 4. A spokesperson for the ECB said Lagarde has done nothing wrong. The podium plug has fueled speculation that Lagarde may leave the ECB by the time the book is published, well before the end of her official term in October next year. Lagarde has declined to commit to staying for the full term, triggering an early race for the EU’s most powerful economic job. The letter is the latest in a string of clashes between the central bank’s…
Pope Leo XIV arrived at Rome hospital on Tuesday for an operation to remove a nodule on his lung which the Vatican said would be carried out in the afternoon. The 71-year-old waved to well-wishers gathered outside the Vatican from the window of the car in which he was driven to the Gemelli hospital, where pontiffs are traditionally treated. The pope announced the surgery on Sunday, the first time a pontiff has made a personal medical announcement of this kind. The Vatican press office has said doctors expect the pope’s recovery to take around a week. That would make it…
Newly released 911 recordings reveal confusion and delays in the emergency response after Christa Pike survived a lethal injection attempt at a Tennessee prison on September 30. The recordings show dispatchers initially questioning whether the emergency call was genuine, with prison officials later confirming that medical assistance was needed. Pike, 50, received at least two doses of pentobarbital but remained alive. Emergency responders were allowed into the prison about 30 minutes after the initial call. She was hospitalised and placed on a ventilator before regaining consciousness and beginning to speak last week, according to her lawyers.
Greek Finance Minister and Eurogroup President Kyriakos Pierrakakis has announced a 30% increase in the heating allowance. He said: “In a difficult economic climate, with the energy crisis testing the resilience of households across the globe, our priority is to ease the pressure on families. That is why we are proceeding with dual support for heating oil: a direct subsidy at the pump, which will immediately reduce the price, and a 30% increase in the heating allowance compared with last year, a measure that will cover hundreds of thousands of families throughout the country”. The ministries responsible are expected to…