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FIFA to offer members $6.35-billion development fund windfall
Football's world governing body FIFA is planning to set up a $6.35-billion development fund for the next four years, AFP learned Wednesday from a source close to the matter.
US consumer inflation hotter than expected as midterms loom
US consumer inflation was hotter than anticipated in September, government data showed Wednesday, as Washington's war with Tehran pushed energy costs higher, deepening strains on American households ahead of next month's midterm elections.
FX Junction Brings Copy Trading to Everyone, While Their Money Never Leaves With Their Broker
Investors In 50+ Countries Can Now Follow Verified Traders Automatically, Through The Mt4, Mt5 Or Dxtrade Account They Already Own
INmune Bio Inc. and Quantum Computing Inc. Partner to Apply Quantum Optimization and AI to Advance Alzheimer’s Drug Research and Explore New Applications for XPro
Collaboration combines INmune Bio's clinical research with QCi's Dirac-3S quantum optimization machine to identify potential new treatment indications and biomarkers for XProInitial engagement marks QCi's first commercial customer in pharmaceutical and biotechnology markets, expanding the application of quantum computing to drug development
Hot US inflation data dents Wall Street stocks
A hotter-than-expected inflation reading dented Wall Street stocks on Wednesday, while the dollar and bond yields pushed higher as investors pencilled in a higher chance the Federal Reserve would raise interest rates later this month.
US consumer inflation up more than expected as midterms loom
US consumer inflation was hotter than anticipated in September, government data showed Wednesday, as Washington's war with Tehran pushed energy costs higher, deepening strains on American households ahead of next month's midterm elections.
Lufthansa wins contest for TAP Air Portugal stake
German airline Lufthansa has won the contest to buy a major stake in TAP Air Portugal, the Portuguese prime minister said Wednesday, after months of efforts to privatise the state-rescued airline.
AI worms, 'major' incident fears spur safety calls at industry summit
From the spectre of refrigerator-infecting AI worms to warnings of "major" security incidents at the horizon, calls to prioritise safety in the development of artificial intelligence dominated an industry summit Wednesday.
Fuel shortage triggers queues on Indonesia's Bali island
Moldovan tourist Raisa Neagu spent hours on Wednesday waiting to fuel up her scooter, one of many people snared in a petrol shortage on resort island Bali that Indonesian authorities blamed on supply disruptions.
Evolution Metals & Technologies Corp. Reaffirms $400 Million to $460 Million FY2027 Revenue Guidance, Unveils Eight Sintered Magnet Grades Covering an Estimated 75% of Global NdFeB Revenue, and Moves to Answer U.S. Army Call for Rare Earth Magnets
Seven of eight grades customer-certified and first 13 of 57 containers of ULVAC equipment landed in Pohang on the path to more than 10,000 metric tons of annual capacity; SmCo production equipment targeted for mid-2027 as DFARS 252.225-7052 extends its mine-to-magnet restriction to SmCo magnets on January 1, 2027
Metrika Selected by OCC to Support Stablecoin Supervisory Framework Under the GENIUS Act
Federal contract awarded, effective August 17, 2026, covers stablecoin and digital asset payment expertise
Trial defence says Russia used Nord Stream pipelines as 'weapon'
A lawyer for a Ukrainian accused of blowing up the Nord Stream pipelines said Wednesday that Russia used them as a "weapon" to exert political and economic pressure, as the former military officer's trial opened in Germany.
Workers to strike at world's largest copper mine in Chile
Workers at the world's largest copper mine in Chile will go on strike on Wednesday after pay talks with Australian mining giant BHP fell apart, the union said.
Ukraine accuses US of helping Russia as missiles hit Kyiv
Ukraine on Wednesday accused the United States of helping Russia, saying Washington failed to warn it of incoming missile strikes and slowed the Starlink system it relies on for its battlefield communications and frontline logistics.
Drone hits data centre of Russia's largest bank
A drone hit a data centre belonging to the Russian state-owned lender Sberbank, a company executive said Wednesday, though the bank's systems and services were operating normally.
Bivial AG Brings Its Complete Dashboard to Mobile
The Bivial App now offers full dashboard capabilities, giving business clients access to their accounts, payments, FX, and cards on iOS and Android.
Sao Tome's niche vanilla finds far-away fans
The plump, bright-green vanilla pods growing in tiny Sao Tome's vast leafy plantations may well end up in some of Europe's finest dining.
Higher borrowing costs an 'alarm signal' for France: finance minister
The higher interest rates on France's government debt are an alarm signal for the country even though Paris retains the confidence of bond investors, the country's finance minister said Wednesday, as concerns grow over the sustainability of the French budget.
China-North Korea bridge to open Thursday, 12 years late
A new bridge linking China and North Korea will finally open on Thursday, 12 years after its construction, with Beijing vowing it will spur trade and "enhance the well-being of the two peoples".
Zelensky accuses Putin of disrespecting Trump after latest attacks
Ukraine on Wednesday accused Russia of wilfully flouting Donald Trump's purported "energy ceasefire" and passing up an opportunity to ease hostilities, after a renewed wave of deadly strikes across the country that also hit vital power supplies.
Asian stocks mostly down as tech firms struggle to claw back losses
Asian stocks mostly fell on Wednesday as investors struggled to claw back the previous day's steep tech losses following disappointing comments from Dutch giant ASML, with focus turning to US inflation data.
Japan PM says housework makes her busier than male predecessors
Japan's prime minister said on Wednesday she probably spends "three or four more hours" than her male predecessors tackling household duties on top of her already packed daily schedule.
AI boom drives record sales at Dutch tech giant ASML
Dutch technology giant ASML, which makes cutting-edge machines to make semiconductor chips, said Wednesday that the huge demand for AI had powered record sales and strong profits, and vowed to scale up production.
Trump says 'massive' oil, gas, mineral exploration to begin in Greenland
US President Donald Trump said Wednesday that oil, gas and mineral exploration was preparing to begin in Greenland, and hailed the Arctic island's position for US and European security.
Ukraine ex-military officer to stand trial over Nord Stream sabotage
A former Ukrainian military officer is set to become the first person to stand trial over the 2022 Nord Stream pipeline bombings when proceedings begin in a German court Wednesday.
IMF chief says Saudi attacks could have negative spillover 'everywhere'
International Monetary Fund head Kristalina Georgieva said Wednesday that recent attacks on Saudi Arabia could impact people "everywhere", as conflict in the energy-rich region adds to wide-ranging economic concerns.
South Korea's Eom 'racially abused' in England's Championship: club
South Korean international footballer Eom Ji-sung was allegedly racially abused during Swansea City's 1-0 win at Millwall in England's second-tier Championship.
Nigeria Is the World's Next Outsourcing Frontier, Vice President Shettima Says at Hire From Nigeria Global Launch
Federal Government targets one million export-linked jobs by 2030 through Hire From Nigeria and other private sector-led initiatives, up from about 20,000 today
Saudi employee arrested for allegedly bugging OpenAI office
A Saudi employee of OpenAI was arrested after allegedly planting a recording device in one of the company's San Francisco offices, the AI firm and federal prosecutors said Tuesday.
Bybit Expands Beyond Crypto as CEO Outlines Next Phase of Financial Platform
Bybit Co-founder and CEO Ben Zhou has outlined the latest stage of the company’s expansion from a crypto exchange into The New Financial Platform, highlighting new products and collaborations across traditional and digital markets.
Meet A7 International, an Innovative Global Platform Designed to Reinvent the International Payments Market
A7 International enables businesses and individuals to pay invoices with digital assets, while recipients receive a regular bank transfer, reflecting A7’s international positioning and expanding the geography of settlements available to foreign clients.
No lights, no friends: Cuban youth grapple with loneliness
With frequent power cuts transforming Havana into a ghost town, young Cubans are struggling to get their kicks, many resorting to games of dominoes with strangers to pass the time.