Author: psdk

US President Donald Trump will meet Chinese President Xi Jinping in South Korea on 30 October. The White House confirmed the meeting, scheduled on the sidelines of a major Asian summit. The encounter has been planned for weeks, though rising tensions between Washington and Beijing nearly derailed it. This will be the first in-person meeting between the two leaders since Trump returned to office. Trump recently warned he would impose a 100% tariff on Chinese goods in November if Beijing does not ease restrictions on rare earth exports. White House confirms agenda for Gyeongju summit White House press secretary Karoline…

Tesla achieved its highest quarterly revenue ever, yet profits fell sharply. Rising tariffs, higher research costs, and stiff competition weighed on earnings despite strong demand. Revenue climbs while profits decline For the quarter ending September, Tesla reported $28 billion (£21 billion) in revenue, up 12% from last year. Profits dropped 37% due to higher tariffs and growing research and development expenses. Investors reacted cautiously. Tesla shares fell 3.8% in after-hours trading. Still, the company’s market value remains around $1.4 trillion, fueled by confidence in Elon Musk’s AI and robotics ambitions. Federal tax credits fuel US sales surge Tesla reversed a…

Donald Trump said he did not want a “wasted meeting” after scrapping plans for direct talks with Russian President Vladimir Putin over the war in Ukraine. Speaking at the White House on Tuesday, the US president said Moscow’s refusal to halt fighting along the current front line blocked any meaningful progress. White House calls off Budapest summit A White House official confirmed there were “no plans” for a Trump-Putin meeting “in the immediate future.” The announcement came just days after Trump had said both leaders would meet in Budapest within two weeks. The week exposed growing gaps between Washington and…

Amazon Web Services (AWS) said late Monday that it had restored service after a major outage left thousands of websites and apps offline worldwide for most of the day. More than 1,000 platforms — including Snapchat and banks such as Lloyds and Halifax — were affected by failures in Amazon’s US-based cloud network. Downdetector, a global outage tracker, reported over 11 million problem reports during the disruption. Experts said the incident highlighted the risks of relying heavily on a few dominant cloud providers for critical digital infrastructure. Millions affected by a single failure Professor Alan Woodward from the University of…

After 11 months and 35 matches, Rúben Amorim finally achieved a breakthrough for Manchester United. The Portuguese coach had once called his team “maybe the worst in the club’s history.” Criticism was relentless, his future uncertain, and only minority owner Sir Jim Ratcliffe’s public support kept him in position. Then came Anfield — the home of United’s fiercest rivals. There, Amorim’s team displayed resilience, belief, and determination. A victory forged through grit This was no fluke like last December’s win at Manchester City. United began with intensity and focus. Bryan Mbeumo scored early, giving the team confidence, and they defended…

When Kerry Dunstan and his partner went looking for an electric car this summer, one question dominated: “How’s the battery?” They found a 2021 Nissan Leaf with 29,000 miles. The dealer reported its state of health (SOH) at 93%. That convinced them. For £12,500, they bought a practical, spacious EV with room for passengers and luggage. Dunstan, a cabinetmaker who also owns a sleek electric Volvo SUV, admits the Leaf doesn’t excite him. “I like cars with energy and character – this one’s a bit plain,” he says. Still, he’s satisfied. “It has performed exactly as I expected,” he adds.…

Lamborghini’s chief executive says the brand’s identity still thrives on the roar, power, and emotion of petrol engines. The Italian supercar maker plans to continue using them for at least another decade before fully embracing electric vehicles. Hybrids take centre stage At Lamborghini’s London showroom, CEO Stephan Winkelmann said interest in electric cars is slowing. He sees this as an opportunity to focus on hybrid technology that combines performance with emotion. Within weeks, Lamborghini will decide whether its upcoming grand tourer, the Lanzador, will be fully electric or a plug-in hybrid. Winkelmann stressed that while the company acts responsibly, its…

A surprise phone call between US President Donald Trump and Russian President Vladimir Putin on Thursday unsettled Ukrainian President Volodymyr Zelensky’s mission in Washington. The two leaders agreed to meet soon to discuss the war in Ukraine, catching Kyiv off guard and complicating Zelensky’s push for advanced US weapons. The timing was critical. Within 24 hours, Russia launched dozens of missiles and over 300 drones across Ukraine. Civilian infrastructure suffered again, with gas pipelines and power stations damaged just as freezing temperatures arrive. Rolling blackouts now spread nationwide, signaling a harsh winter ahead. Moscow’s attacks reveal increasing strain For Ukrainian…

President Donald Trump said Indian Prime Minister Narendra Modi had pledged to reduce India’s purchases of Russian oil. The announcement came as Washington increased pressure on Moscow’s energy revenue and sought to push the Kremlin over the war in Ukraine. Trump told reporters that Modi assured him India would halt Russian oil imports “within a short period of time.” He described the pledge as “a big stop.” US intensifies pressure on India The US president has leveraged India’s reliance on Russian oil in trade negotiations. So far, New Delhi has resisted, saying its energy policies protect domestic consumers and safeguard…

The United States has seized over $14 billion in bitcoin and charged Cambodian businessman Chen Zhi, founder of the Prince Group, for allegedly running one of the world’s largest cryptocurrency fraud operations. The joint US-UK investigation exposed a sprawling criminal network built on deception, forced labour, and international money laundering. Cambodian Businessman Accused of Leading Global Fraud Chen Zhi, a dual citizen of Cambodia and the UK, was charged in New York with conspiracy to commit wire fraud and money laundering. Both the US and UK have sanctioned his companies and frozen his assets. UK authorities confirmed 19 London properties…