Without it the ‘true scale’ of former Harrods owner’s alleged network will stay hidden, says survivors’ group Survivors of abuse perpetrated by the former Harrods owner Mohamed Al Fayed are calling for a full trafficking investigation to be launched, arguing that without it the “true scale” of the billionaire’s alleged network would remain hidden. Survivors at No One Above (NOA), a collective foun...
Without it the ‘true scale’ of former Harrods owner’s alleged network will stay hidden, says survivors’ group Survivors of abuse perpetrated by the former Harrods owner Mohamed Al Fayed are calling for a full trafficking investigation to be launched, arguing that without it the “true scale” of the billionaire’s alleged network would remain hidden. Survivors at No One Above (NOA), a collective founded by victims of abuse at the hands of Fayed, are calling for the Metropolitan police to broaden their investigation into the billionaire and make trafficking the main focus. Continue reading...
An easy ride through qualifying and a hard-to-read Africa Cup of Nations exit mean the Fennecs are an enigma This article is part of the Guardian’s 2026 World Cup Experts’ Network , a cooperation between some of the best media organisations from the 48 countries who qualified. theguardian.com is running previews from three countries each day in the run-up to the tournament kicking off on 11 June. ...
An easy ride through qualifying and a hard-to-read Africa Cup of Nations exit mean the Fennecs are an enigma This article is part of the Guardian’s 2026 World Cup Experts’ Network , a cooperation between some of the best media organisations from the 48 countries who qualified. theguardian.com is running previews from three countries each day in the run-up to the tournament kicking off on 11 June. Continue reading...
(RTTNews) - The South Korea stock market has finished lower in back-to-back trading days, plummeting more than 640 points or 7 percent in that span. The KOSPI now sits just above the 8,160-point plateau and it's expected to extend its losses on Monday.
(RTTNews) - The South Korea stock market has finished lower in back-to-back trading days, plummeting more than 640 points or 7 percent in that span. The KOSPI now sits just above the 8,160-point plateau and it's expected to extend its losses on Monday.
British employers scaled back hiring at an accelerated pace in May amid continuing war in the Middle East and political turmoil at home, according to a survey watched by the Bank of England. Placements of permanent staff dropped the most in 10 months with firms citing low confidence and increased cost pressures, the poll by the Recruitment and Employment Confederation and KPMG found. Vacancies als...
British employers scaled back hiring at an accelerated pace in May amid continuing war in the Middle East and political turmoil at home, according to a survey watched by the Bank of England. Placements of permanent staff dropped the most in 10 months with firms citing low confidence and increased cost pressures, the poll by the Recruitment and Employment Confederation and KPMG found. Vacancies also fell at a faster pace and pay growth remained modest. Companies say they are reluctant to make big spending decisions, with many instead relying on short-term hires to meet staffing needs. Bosses grappling with the economic fallout from the war in the Persian Gulf now face months of political turbulence after local elections left Prime Minister Keir Starmer facing a likely leadership challenge. “Ongoing global and domestic uncertainty is making businesses more cautious, and that is increasingly reflected in hiring decisions,” said Jon Holt, group chief executive and UK senior partner at KPMG. “While some employers are turning to temporary contracts to retain flexibility, many permanent hiring plans are being delayed or put on hold.” The warning appears to strengthen the case of BOE policymakers who are nervous about rushing into interest-rate hikes in response to the energy shock unleashed by the Iran conflict. They include Governor Andrew Bailey , though others such as external rate-setter Megan Greene and Chief Economist Huw Pill are more wary about the risk of second-round inflation effects. The Monetary Policy Committee announces its next decision on June 18, with economists and investors expecting the benchmark rate to stay at 3.75%. An index tracking permanent placements has indicated contraction since 2022, the longest stretch since the survey began since 1997. Temporary hires, meanwhile, rose in May at their fastest pace in over three years. Read more: UK’s Top Retailers Cut 18,000 Jobs Since Labour’s Tax Rises The report illustrates how firms are being squeezed b...
Hong Kong police have warned football fans that using overseas betting websites could breach local gambling laws even if the platforms claim to be legally registered abroad, as authorities prepare for a predicted surge in wagering over the Fifa World Cup that begins on June 11. Police issued the warning after Fifa named its first prediction market partner for the World Cup. The force stressed that...
Hong Kong police have warned football fans that using overseas betting websites could breach local gambling laws even if the platforms claim to be legally registered abroad, as authorities prepare for a predicted surge in wagering over the Fifa World Cup that begins on June 11. Police issued the warning after Fifa named its first prediction market partner for the World Cup. The force stressed that anyone in Hong Kong who placed bets with a local or overseas bookmaker outside authorised channels...
Asking for a Trend Host Josh Lipton previews several of the biggest stories to come throughout next week, including SpaceX's (SPAX.PVT) long-awaited mega-IPO, earnings from Adobe (ADBE) and Oracle (ORCL), and the latest inflation data in the form of May's Consumer Price Index (CPI) report.
Asking for a Trend Host Josh Lipton previews several of the biggest stories to come throughout next week, including SpaceX's (SPAX.PVT) long-awaited mega-IPO, earnings from Adobe (ADBE) and Oracle (ORCL), and the latest inflation data in the form of May's Consumer Price Index (CPI) report.
NAVER to Build NVIDIA DSX-Based AI Factories at Gigawatt Scale to Power Agents and Physical AI NVIDIA and Naver NVIDIA and NAVER today announced that NAVER will expand sovereign AI infrastructure, starting at 55 megawatts with plans to move to gigawatt scale using the NVIDIA DSX platform to rapidly design, build and scale full-stack, end-to-end AI platforms that can serve enterprises, industries a...
NAVER to Build NVIDIA DSX-Based AI Factories at Gigawatt Scale to Power Agents and Physical AI NVIDIA and Naver NVIDIA and NAVER today announced that NAVER will expand sovereign AI infrastructure, starting at 55 megawatts with plans to move to gigawatt scale using the NVIDIA DSX platform to rapidly design, build and scale full-stack, end-to-end AI platforms that can serve enterprises, industries and government. News Summary: NAVER, an AI Cloud, will build AI factories on the NVIDIA DSX platform
Collaboration Supports Next-Generation Memory Codevelopment With NVIDIA’s AI Infrastructure Roadmap and Expands Supply for the Accelerating Global AI Factory Buildout NVIDIA and SK hynix NVIDIA and SK hynix today announced a multiyear technology partnership to advance next-generation memory for the global AI factory buildout and accelerate semiconductor design and manufacturing. News Summary: NVID...
Collaboration Supports Next-Generation Memory Codevelopment With NVIDIA’s AI Infrastructure Roadmap and Expands Supply for the Accelerating Global AI Factory Buildout NVIDIA and SK hynix NVIDIA and SK hynix today announced a multiyear technology partnership to advance next-generation memory for the global AI factory buildout and accelerate semiconductor design and manufacturing. News Summary: NVIDIA and SK hynix announce multiyear technology partnership for next-generation memory aligned to NVID
Korea’s Leading Telco to Add NVIDIA-Powered AI Cloud Capacity Built on NVIDIA DSX AI Factory Architecture to Accelerate AI Startups, Robotics and Industrial Physical AI NVIDIA and SK Telecom NVIDIA and SK Telecom today announced that SK Telecom plans to build a gigawatt-scale AI Cloud in Korea using the NVIDIA DSX platform, with the first AI factory coming online in 2027. News Summary: SK Telecom ...
Korea’s Leading Telco to Add NVIDIA-Powered AI Cloud Capacity Built on NVIDIA DSX AI Factory Architecture to Accelerate AI Startups, Robotics and Industrial Physical AI NVIDIA and SK Telecom NVIDIA and SK Telecom today announced that SK Telecom plans to build a gigawatt-scale AI Cloud in Korea using the NVIDIA DSX platform, with the first AI factory coming online in 2027. News Summary: SK Telecom plans to build a gigawatt-scale AI Cloud in Korea using the NVIDIA DSX platform, with the first AI f
Indonesian authorities need to provide firmer policy guidance and unveil concrete steps to improve sentiment after last week’s selloff that pummeled stocks and the currency, according to analysts, who say investors will remain unconvinced by assurances alone. Market participants will largely be in a wait-and-see mode ahead of Bank Indonesia’s interest rate decision on June 18, and MSCI Inc.’s revi...
Indonesian authorities need to provide firmer policy guidance and unveil concrete steps to improve sentiment after last week’s selloff that pummeled stocks and the currency, according to analysts, who say investors will remain unconvinced by assurances alone. Market participants will largely be in a wait-and-see mode ahead of Bank Indonesia’s interest rate decision on June 18, and MSCI Inc.’s review of the country’s investability later this month, analysts said. In the meantime, rumors of a reshuffle of policymakers will add to uncertainty, they said, even as the finance ministry and central bank unveiled another measure over the weekend to support bond yields and attract inflows. “The next two weeks are critical,” said Mohit Mirpuri , a partner at SGMC Capital Pte in Singapore. “The market is looking for clear signs of fiscal discipline, policy consistency and a strong commitment to macroeconomic stability.” Mounting concerns over the government’s economic management, confusion regarding new commodity export rules and revived concerns about Indonesia’s sovereign credit profile have sent Indonesian assets spiraling. Just five months after hitting a record high, the benchmark stock index has tumbled nearly 39% to become the worst performer this year among more than 90 global gauges tracked by Bloomberg. Last week was its poorest performance in more than four years. The rupiah has weakened about 8% to become the worst-performing currency in Asia this year as it fell to multiple record lows and breached a psychological level of 18,000 per dollar last week. While bonds also dropped, the decline was relatively modest as the central bank and the finance ministry intervened in the market to keep yields, especially on 10-year debt, steady. Bank Indonesia Governor Perry Warjiyo and Finance Minister Purbaya Yudhi Sadewa held a joint briefing at the Parliament on Saturday, pledging authorities will aim to maintain sufficient liquidity in the market and work together to boost y...
SpaceX is expected to hit public markets on June 12, raising $75 billion at a $1.77 trillion valuation. With a smaller initial public offering (IPO), investors can simply ignore the news and not buy the stock. But SpaceX is so large that it is transforming the way indexes respond to megacap IPOs. While the S&P 500 (SNPINDEX: ^GSPC) will not be adding SpaceX any time soon, the Nasdaq-100 -- the 100...
SpaceX is expected to hit public markets on June 12, raising $75 billion at a $1.77 trillion valuation. With a smaller initial public offering (IPO), investors can simply ignore the news and not buy the stock. But SpaceX is so large that it is transforming the way indexes respond to megacap IPOs. While the S&P 500 (SNPINDEX: ^GSPC) will not be adding SpaceX any time soon, the Nasdaq-100 -- the 100 largest non-financial stocks listed on the Nasdaq Composite -- is rewriting its index methodology to fast-track the inclusion of megacap companies like SpaceX, Anthropic , and OpenAI to give index fund investors quicker access to these companies. While the fast-track rules are great news for investors who want a piece of these companies through their index fund holdings , it can be unsettling for folks who believe these companies are going public at sky-high valuations and could drag down the major indexes. What's more, many growth-focused exchange-traded funds (ETFs) will likely be buying SpaceX once it gets added to the indexes, which puts investors who want to buy growth stocks, just not SpaceX, in a difficult spot. Continue reading
David Rush, who was arrested in May, stole millions from US government through ‘special access program’, officials say A former executive intelligence agent who is accused of stealing more than $40m in gold bars from the CIA reportedly created a fake spy program to siphon money, the latest on his fraudulent activity, the Washington Post first reported . David Rush, who was a senior-level employee ...
David Rush, who was arrested in May, stole millions from US government through ‘special access program’, officials say A former executive intelligence agent who is accused of stealing more than $40m in gold bars from the CIA reportedly created a fake spy program to siphon money, the latest on his fraudulent activity, the Washington Post first reported . David Rush, who was a senior-level employee of the Central Intelligence Agency (CIA) for 17 years, was arrested in May after FBI agents discovered Rush had taken 303 bullion bars, each about 2.2lbs, dozens of luxury watches, and more than $2m in foreign currency from his government office. Continue reading...
Japanese stocks are set to fall, led by tech shares, after strong US jobs data fueled expectations that the Federal Reserve will keep rates higher for longer, sparking a selloff in AI-related shares on Wall Street. Stocks are also set to come under pressure after Iran fired several rounds of missiles toward Israel, as the US pushed to preserve a faltering ceasefire. Nikkei 225 Stock Average future...
Japanese stocks are set to fall, led by tech shares, after strong US jobs data fueled expectations that the Federal Reserve will keep rates higher for longer, sparking a selloff in AI-related shares on Wall Street. Stocks are also set to come under pressure after Iran fired several rounds of missiles toward Israel, as the US pushed to preserve a faltering ceasefire. Nikkei 225 Stock Average futures expiring in September were at 63,865.00 on the Chicago Mercantile Exchange as of 7:46 a.m. Tokyo time, compared with 66,588.12 for Friday’s close for the underlying gauge. “Japanese stocks are likely to open sharply lower as investors increasingly price in the risk of a US interest-rate hike, dampening sentiment,” said Shoji Hirakawa , chief global strategist at Tokai Tokyo Intelligence Lab. “Selling is expected to spread across Japanese technology shares, while funds may rotate into defensive sectors such as pharmaceuticals, food and telecommunications.” Technology and AI-related stocks, including SoftBank Group Corp. and Kioxia Holdings Corp., which reached record highs earlier this month, are likely to come under pressure after the Nasdaq 100 dropped about 5% and the Philadelphia Semiconductor Index slid 10% on Friday. Sentiment was further dented after US job growth exceeded all forecasts in May, reinforcing expectations that the Fed may need to keep monetary policy restrictive for longer to contain inflation. Concerns had already been mounting over lofty technology-stock valuations and the sustainability of the AI-fueled rally in the US and Asia. Japanese companies have also benefited from the boom, though to a lesser extent than their South Korean peers, with memory-chip maker Kioxia soaring more than 600% this year through Friday and SoftBank climbing nearly 70%. Traders are also increasing bets on a Bank of Japan rate hike when policymakers meet next week, as officials grapple with mounting upside risks to inflation. Investor sentiment is also likely to be weighed...