Spain has increased reliance on its more expensive gas-fired power plants as it confronts challenges in maintaining grid stability following a nationwide blackout that exposed vulnerabilities in managing a surge of renewable energy on the system. The blackout disrupted power supplies for thousands, prompting urgent measures by grid operators to

Austria has secured its third Eurovision Song Contest victory, with 24-year-old countertenor JJ clinching the title in Basel, Switzerland, through his emotive performance of "Wasted Love." This win marks Austria's first since 2014, following Conchita Wurst's triumph. JJ, born Johannes Pietsch, delivered a compelling blend of operatic vocals and contemporary techno

Delegations from Ukraine, Russia, and the United States convened in Istanbul on Friday, marking the first direct negotiations between Kyiv and Moscow in over three years. The talks, hosted by Turkey, aim to explore avenues for a ceasefire and potential resolution to the ongoing conflict. However, the absence of Presidents

U.S. consumer prices climbed 2.3% year-on-year in April, marking the lowest inflation rate since February 2021 and falling short of the 2.4% forecast. On a monthly basis, the Consumer Price Index rose 0.2%, also below the anticipated 0.3%. This deceleration occurred despite the introduction of sweeping tariffs by the

The United States and China have agreed to a significant reduction in tariffs, marking a notable de-escalation in their ongoing trade conflict. Effective immediately, the US will lower tariffs on Chinese imports from 145% to 30%, while China will reduce its tariffs on US goods from 125% to 10%. This

Japan has firmly stated it will not agree to any preliminary trade agreement with the United States that excludes the removal of auto tariffs. Prime Minister Shigeru Ishiba emphasised this position during a parliamentary session, underscoring that Japan's automotive sector is a cornerstone of its economy and must be protected

Pope Leo XIV, the newly elected pontiff and the first American to hold the office, has identified artificial intelligence as one of the most pressing challenges confronting humanity. In his inaugural address to the College of Cardinals at the Vatican, he underscored the ethical and societal dilemmas posed by

Tornadoes striking after dark are proving deadlier than their daytime counterparts, with fatalities more than doubling during nocturnal events. This alarming trend is intensifying as climate change alters storm patterns, pushing tornado activity into new regions and timeframes. Historically, the central United States, particularly the Great Plains, bore the brunt of

Berkshire Hathaway has amassed a record $347.7 billion in cash reserves, marking a significant milestone as Warren Buffett prepares to retire by the end of 2025. The conglomerate's substantial cash position reflects a cautious investment approach amid global economic uncertainties and a perceived lack of attractive acquisition opportunities. Buffett, who has

TeleMessage, a messaging application employed by former U.S. National Security Adviser Mike Waltz, has suspended its services following a cyberattack that compromised sensitive government and corporate data. The breach has intensified scrutiny over the use of unofficial communication tools within high-level government operations. The application, known as TM Signal, is a

Norway’s housing market has witnessed its first contraction in home prices in nine months, as economic pressures weigh heavily on consumer confidence. Data released by the Norwegian Real Estate Association revealed a dip in house prices, following a period of growth driven by low interest rates and a robust economy. The

The security situation between India and Pakistan has escalated to its highest point in years after a deadly assault on Indian tourists in Kashmir last month. The attack, which claimed several lives, has intensified long-standing hostilities between the two nuclear-armed neighbours. Both nations now stand at a critical juncture, with

Radware, a NASDAQ-listed provider of application security and delivery solutions, has expanded its global cloud security infrastructure by establishing new service centres in Nairobi, Kenya, and in the Indian cities of Chennai and Mumbai. This strategic move aims to enhance the company's capacity to deliver advanced cybersecurity solutions, particularly in

United Airlines has cut 35 daily flights at Newark Liberty International Airport, citing a critical shortage of air traffic controllers and repeated failures in the Federal Aviation Administration’s infrastructure. The move, which affects approximately 10% of United’s domestic round-trip operations at the airport, follows days of severe delays, cancellations,

SOAR MUSIC, a prominent global music services company, has announced its strategic entry into the Colombian market in 2025, aiming to foster a comprehensive career incubation ecosystem for Latin American music creators. The initiative seeks to empower local artists by integrating digital recruitment, offline incubation, and professional training. By collaborating with

Eric Trump, son of former U.S. President Donald Trump, has issued a stark warning to the global banking industry: without embracing cryptocurrency, particularly Bitcoin, banks could face extinction within the next decade. In a bold statement, he emphasised that financial institutions must adapt to the evolving landscape of digital finance

Kazakhstan's oil production from April 1 to 28 reached 1.814 million barrels per day , exceeding its OPEC+ quota of 1.473 million bpd by over 340,000 bpd, despite a 3% decline from March's average. This overproduction continues a pattern observed in previous months, with March's output at 1.8 million bpd,

A widespread power outage disrupted large sections of Spain and Portugal, causing significant interruptions across both countries and prompting an urgent response from national electricity operators. E-Redes, which oversees grid monitoring in Spain, announced it was actively working to restore connections in stages as authorities grappled with the scale of

Revolut has reported a significant pre-tax profit of $1.4 billion for 2024, marking a 149% surge compared to the previous year. This surge is largely attributed to the company's strategic expansion, diversified revenue streams, and growing customer base. The fintech firm has also taken a key step in its plans

Denmark is launching a new nuclear power fund aiming to raise €350 million to support the development of small modular reactors and advanced nuclear technologies. This initiative comes as the country seeks to diversify its energy mix and meet growing electricity demands driven by the expansion of data centres

Technology stocks surged on April 24, 2025, lifting broader U.S. markets as optimism grew over easing tariff tensions between the United States and China. Investors responded positively to reports suggesting that trade officials from both countries were nearing a compromise to de-escalate tariffs imposed over the past two years. The Nasdaq

Several people were killed and many others injured after a car drove into a crowd attending a street festival in Vancouver on Saturday evening, according to authorities. Emergency services responded swiftly to the scene following distress calls reporting a vehicle travelling at high speed into a densely populated area. Police officials

A sharp decline in container traffic from China to the United States has emerged, as the latest round of tariffs imposed by the Trump administration triggers significant shifts in global trade flows. Shipping data and industry reports indicate a substantial drop in U.S. imports from China, with container bookings falling