Over two days in October 2025, up to 10,000 people are believed to have been massacred; a further 40,000 civilians from the Sudanese city are still unaccounted for. This is the story of what happened In the pistachio green Toyota Land Cruiser rattling over the desert plain, Aboud Khater pressed his foot to the floor. Behind, the sun rose above El Fasher. Smoke belched from the stricken city. Khate...
Over two days in October 2025, up to 10,000 people are believed to have been massacred; a further 40,000 civilians from the Sudanese city are still unaccounted for. This is the story of what happened In the pistachio green Toyota Land Cruiser rattling over the desert plain, Aboud Khater pressed his foot to the floor. Behind, the sun rose above El Fasher. Smoke belched from the stricken city. Khater was driving the last vehicle of the final evacuation convoy from El Fasher. It was 5:45am on 27 October 2025. He couldn’t have waited any longer. The historic capital of Sudan’s sprawling region of Darfur would capitulate in the next two hours. Continue reading...
Innovation Beverage Group ( IBG ) on Wednesday said it has acquired a controlling interest in BlockFuel Energy, a Texas -based energy corporation. This transaction represents a significant milestone towards the proposed merger between both companies, which they anticipate closing in the coming weeks. On March 16, 2026, IBG entered into a Share Exchange Agreement with certain shareholders of BFE pu...
Innovation Beverage Group ( IBG ) on Wednesday said it has acquired a controlling interest in BlockFuel Energy, a Texas -based energy corporation. This transaction represents a significant milestone towards the proposed merger between both companies, which they anticipate closing in the coming weeks. On March 16, 2026, IBG entered into a Share Exchange Agreement with certain shareholders of BFE pursuant to which IBG acquired 127,628 shares of BFE common stock, representing approximately 51% of BFE’s outstanding equity. As consideration for those shares, IBG issued warrants to purchase an aggregate of 3.81M ordinary shares of IBG at an exercise price of $0.0001 per share, which are not exercisable until shareholder approval and approval by Nasdaq are obtained. The warrant shares represent 45.9% of the issued and outstanding shares of IBG and will represent 51% of the merger consideration payable at the time of the closing of the merger. As part of the transaction, IBG also provided BFE with a $2.5 million unsecured loan, which facilitated the repurchase and cancellation of certain outstanding BFE shares. Upon completion of the merger, the combined company is expected to operate under the BlockFuel Energy name, with IBG’s existing beverage business transitioning into an Australian-based subsidiary led by IBG’s CEO Sahil Beri as President. The new parent company will focus on scaling its U.S. onshore oil and gas operations. BlockFuel Energy is focused on the acquisition, development, and operation of oil and gas assets, with current operations primarily located in the United States , including acreage positions in Oklahoma . IBG -11.57% premarket to $1.07. Source: Press Release More on Innovation Beverage Group Limited Innovation Beverage Group prices $6M public offering Financial information for Innovation Beverage Group Limited
JHVEPhoto Citi increased the price target on Amazon's ( AMZN ) stock to $285 from $265 after raising Amazon Web Services' revenue projections on AI tailwinds from Anthropic ( ANTHRO ), OpenAI ( OPENAI ), and ramping gigawatt capacity. The firm maintained its Buy rating on Amazon's stock. Shares of Amazon climbed about 2% premarket on Wednesday. Analysts led by Ronald Josey said they have raised th...
JHVEPhoto Citi increased the price target on Amazon's ( AMZN ) stock to $285 from $265 after raising Amazon Web Services' revenue projections on AI tailwinds from Anthropic ( ANTHRO ), OpenAI ( OPENAI ), and ramping gigawatt capacity. The firm maintained its Buy rating on Amazon's stock. Shares of Amazon climbed about 2% premarket on Wednesday. Analysts led by Ronald Josey said they have raised their AWS projections due to continued AI demand and their analysis of revenue contributions from Anthropic, OpenAI, and core (non-AI) workloads. "We now project AWS revenue growth to be +28% Y/Y in 1Q26, +29% Y/Y for 2026E, and accelerate to +37% Y/Y in 2027E as its partnerships with Anthropic and OpenAI ramp. The net-result, AI revenue accounts for ~58% of AWS’ incremental revenue in ‘26E and 72% in ‘27E and we believe AWS can ramp its infrastructure capacity given demand (we are adjusting our CapEx projections slightly as well). While we acknowledge the concerns around AWS ROI [Return on Investment], competition, and limited FCF [Free Cash Flow] visibility, given monetization quickly following capacity additions, accelerating revenue growth, and rising OI [Operating Income], we believe AWS is increasingly well positioned," said the analysts. For 2026 and 2027, the analysts expect Anthropic to account for about $18B and $31B of AWSrevenue, respectively, based on their analysis of Anthropic’s inference, training, and reseller revenue running on AWS infrastructure as Project Rainier continues to ramp. The analysts noted that for OpenAI, given AWS' $100B, eight-year Trainium partnership and $38B, seven-year NVDA ( NVDA ) GPU partnership, OpenAI could account for $6B and $18B of AWS revenue in 2026 and 2027E, respectively, with the partnership likely going live in the second half/fourth quarter of 2026. Josey and his team added that their analysis suggests AI revenue can account for about 58% of incremental AWS revenue in 2026E and about 72% in 2027. "That said, given our view ...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at the race for Congo’s critical minerals, as well as: The dilemma confronting BRICS members Angola and Senegal’s debt raising Nigeria moves to pump more oil Leading the Race Zijin Mining’s disclosure of the size of its l...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at the race for Congo’s critical minerals, as well as: The dilemma confronting BRICS members Angola and Senegal’s debt raising Nigeria moves to pump more oil Leading the Race Zijin Mining’s disclosure of the size of its lithium operation in the Democratic Republic of Congo is yet another reminder of China’s commanding lead over the US in the intensifying competition for critical minerals. Congo, staggeringly rich in coveted metals including copper, cobalt and tantalum, has become a hotbed for the rivalry between the top two economies. In this case, the US is the upstart. Washington has a shiny new minerals pact with Kinshasa, but Beijing has an intimidating headstart. To hammer the point home, Zijin revealed the Manono lithium mine that the firm will commission around June is set to be one of the world’s biggest suppliers of the metal to China’s dominant battery industry. The project — involving a new export route across Lake Tanganyika to Dar es Salaam on the Indian Ocean coast — has been built at a clip many Western firms would consider warp speed. Fellow Chinese giant CMOC — having already plowed about $9 billion into its pair of Congolese copper-cobalt assets — announced in October an additional $1.1 billion investment. The expansion will take its annual copper output in the central African nation beyond 800,000 tons a year. That’s about 3.5% of last year’s total global production. CMOC and Zijin have helped Congo triple copper exports in less than a decade, cementing the country as the No. 2 supplier of the metal that’s key to electrification and the wider energy transition. Chinese-linked mines accounted for more than 80% of Congo’s copper output last year. Granted, American companies have only had three months since Donald Trump’s administration signed a minerals partnership with Pre...
China has accused Mexico of imposing trade and investment barriers through tariff hikes on its goods, a sign the friction between the two trading partners – fuelled by escalating pressure from Washington under US President Donald Trump – is continuing to build. The Ministry of Commerce announced on Wednesday that the Mexican government’s measures to raise tariffs on imports from countries not part...
China has accused Mexico of imposing trade and investment barriers through tariff hikes on its goods, a sign the friction between the two trading partners – fuelled by escalating pressure from Washington under US President Donald Trump – is continuing to build. The Ministry of Commerce announced on Wednesday that the Mexican government’s measures to raise tariffs on imports from countries not party to its free trade agreements constitute a breach of trade rules. The move primarily affects...
Sadness over the Egyptian King’s departure from Liverpool is matched by gratitude for the goals and glory he gave supporters The first time I saw Mohamed Salah play was in August 2017. Arsenal were the visitors to Anfield. Liverpool were sensational on that sunny Sunday afternoon. Bobby Firmino and Sadio Mané had fashioned a 2-0 first-half lead, before the third member of Jürgen Klopp’s new attack...
Sadness over the Egyptian King’s departure from Liverpool is matched by gratitude for the goals and glory he gave supporters The first time I saw Mohamed Salah play was in August 2017. Arsenal were the visitors to Anfield. Liverpool were sensational on that sunny Sunday afternoon. Bobby Firmino and Sadio Mané had fashioned a 2-0 first-half lead, before the third member of Jürgen Klopp’s new attacking trio added his name to the record. Arsenal’s corner was cleared to Héctor Bellerín, some 30 yards out. Salah was on him instantly, robbing the hapless Spaniard easily. His whirring legs blurred like the Road Runner’s as he raced into the Arsenal half and towards Petr Cech. I’d never seen a player bear down on the Kop goal so rapidly. Continue reading...
Periodic Labs , an artificial intelligence research startup founded last year by former OpenAI and DeepMind staffers, is having discussions with investors about raising at least hundreds of millions of dollars at a valuation of about $7 billion, according to people familiar with the matter. The funding is a large jump in value for the young startup, which investors said was worth $1.3 billion in a...
Periodic Labs , an artificial intelligence research startup founded last year by former OpenAI and DeepMind staffers, is having discussions with investors about raising at least hundreds of millions of dollars at a valuation of about $7 billion, according to people familiar with the matter. The funding is a large jump in value for the young startup, which investors said was worth $1.3 billion in a seed funding round in September. That deal brought in $300 million from investors including Andreessen Horowitz , Felicis and Accel. The new deal talks are still early and the details could change, said the people, who asked not to be identified because the information is private. A representative for the company declined to comment. Periodic Labs was co-founded by Liam Fedus, who was previously OpenAI’s vice president of research, and Ekin Dogus Cubuk, a former research scientist at Google’s DeepMind division. The San Francisco company, which currently employs about 40 people, is the latest startup to attract substantial investor attention for a vision that combines laboratory efforts with commercial business aims. These so-called neolabs have raised billions since the beginning of this year. For example, AI researcher Richard Socher has held funding talks with investors for his own lab at a $4 billion valuation, while Fei-Fei Li and ex-Meta AI chief Yann LeCun each raised $1 billion for startups seeking to build AI models trained on the physical world. Periodic Labs is focused on trying to usher in scientific breakthroughs in materials science. The company wants to develop AI scientists and autonomous robotic laboratories, which will study and discover new materials. The company has won its first customers in the semiconductor industry, which are interested in working with it on research and development, one of the people said. Unlike many neolabs, Periodic Labs is already generating some revenue. Other investors in the company include Coatue Management , DST Global, Nvi...
The self-destructive bad boy, now 70, looks back on his life with a humorous shrug in Jonas Åkerlund’s warmly sympathetic film Swedish film-maker Jonas Åkerlund has been attracted to the wilder edge of rock’n’roll and I found myself grudgingly admiring his gruesome true-life death-metal horror thriller Lords of Chaos . So he was probably the right choice to direct this lavish docu-tribute to Briti...
The self-destructive bad boy, now 70, looks back on his life with a humorous shrug in Jonas Åkerlund’s warmly sympathetic film Swedish film-maker Jonas Åkerlund has been attracted to the wilder edge of rock’n’roll and I found myself grudgingly admiring his gruesome true-life death-metal horror thriller Lords of Chaos . So he was probably the right choice to direct this lavish docu-tribute to British postpunk legend Billy Idol, which combines a kind of humorous shrug at his outrageous excesses with something warmly sympathetic. With that certain type of luck indistinguishable from talent, Billy Idol rode the tide of punk to new wave in the late 70s and early 80s, and then gambled on a move to the US; there he found fledgling 24-hour music video channel MTV, avid for content and always turned on by a self-destructive bad boy, which made him a big name. The film compares Idol to Elvis Presley, but there is something in that reflexive snarl-sneer that he used to do that has something of Eddie Cochran. Continue reading...
Zacks.com users have recently been watching Duolingo (DUOL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Zacks.com users have recently been watching Duolingo (DUOL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Even as US President Donald Trump threatens to absorb Canada, some Alberta voters are determined to break it apart. A long-simmering secession drive in the oil-rich province appears poised to reach the ballot this year, asking residents whether to stick with the rest of Canada or strike out on their own. Alberta would become a landlocked nation of 5 million people, controlling one of the world’s l...
Even as US President Donald Trump threatens to absorb Canada, some Alberta voters are determined to break it apart. A long-simmering secession drive in the oil-rich province appears poised to reach the ballot this year, asking residents whether to stick with the rest of Canada or strike out on their own. Alberta would become a landlocked nation of 5 million people, controlling one of the world’s largest reserves of crude. It’s still considered a long shot. But should the secessionists succeed, the implications for the rest of Canada would be dire. Prime Minister Mark Carney is banking on oil exports to survive Trump’s trade war and keep Canada’s US-dependent economy afloat. A portion of Alberta’s oil wealth also helps prop up the budgets of less-prosperous provinces — a fact many Albertans resent. That resentment is fueling a petition drive to place secession on an October ballot, with just 177,732 signatures required by May to trigger a public vote. That number is considered such a low bar, representing 6% of the voting-age population, that even some opponents say they fully expect the measure to make the ballot. Trump has often talked about making Canada the 51st state, and leaders of the secession drive say they’ve met with members of his administration — without ever revealing who. Some of the movement’s supporters say they’d be happy for Alberta to join the US, though that question wouldn’t be on the ballot. Read More: Trump’s Venezuela, Greenland Threats Make Canada Fear It’s Next Still, the grievances fueling secession talk are real enough that both the Liberal Carney and Alberta’s Conservative premier, Danielle Smith, are working to defuse them. They reached an agreement last November that could lead to new pipelines to export the province’s crude and are trying to convince Albertans that Ottawa is finally giving them more respect. “Our agenda is to do what we can to try to give Albertans hope again, and to try to address some of the very real pressure point...