The UK government has announced that an artificial intelligence system has successfully recovered nearly £500 million in lost public funds, marking a major milestone in its campaign against fraud. Much of the money clawed back relates to scams linked to the pandemic, but the technology has also exposed fraudulent housing claims, council tax irregularities, and…
Artificial intelligence has quickly become the centerpiece of the global economy’s latest growth narrative. From chipmakers to cloud giants, companies are investing hundreds of billions of dollars into AI infrastructure, data centers, and research. Stock valuations have soared, and investors are betting that the technology will transform productivity in ways not seen since the rise…
For decades, Zimbabwe’s identity in global agriculture has been tied to tobacco. The crop, once hailed as “green gold,” dominates exports and fuels livelihoods across the nation. Tobacco alone generated a record $1.3 billion in revenue last year, with much of it heading to China, the world’s largest market for cigarettes. Yet, as global health…
Goldman Sachs is increasingly confident that M&A activity is poised to accelerate, driven by sector consolidation and rising participation from private equity, according to its president. John Waldron told a conference that the bank is seeing more boards and CEOs actively exploring transformative deals, especially in sectors where scale and vertical integration promise competitive advantage.…
U.S. President Donald Trump has intensified his criticism of Microsoft, urging the tech giant to dismiss its global affairs president, Lisa Monaco. His demand stems from her previous roles in Democratic administrations and her involvement in key investigations and security responses that directly intersected with Trump’s political fortunes. The move underscores how Trump continues to…
South Korea, once celebrated as a model of rapid industrialization and modernization, is now confronting a demographic crisis that threatens to undermine the very foundations of its success. The nation’s birth rate has plummeted to levels unprecedented in modern history, creating a looming economic and social challenge that could undo decades of growth achieved since…
Tesla’s European business is under intensifying strain as mounting registration data show a steep sales decline—a collapse that’s rattling investor confidence and contributing to a pullback in the company’s stock price. In August 2025, Tesla logged just 14,831 electric vehicle registrations across the EU, EFTA, and the UK, a drop of approximately 22 percent year-over-year—even…
At the heart of the FTC’s case was the claim that Amazon engineered its Prime enrollment and cancellation interfaces in ways that coaxed or misled consumers into signing up—then made it unduly difficult to quit. The practices alleged by regulators included “dark pattern” design choices, unclear disclosures, automatic renewals buried in fine print, and cancellation…
Costco Wholesale surprised markets in its latest quarter, delivering revenue and profit ahead of consensus estimates. The warehouse club’s performance benefited from an uptick in U.S. shoppers seeking bargains amid broad inflationary pressures. Consumers under strain are gravitating toward membership-based, high-volume retailers that promise lower per-unit prices on everyday essentials. In the quarter ending August…
The U.S. government has expanded its trade-defensive measures by launching a sweeping import investigation covering items such as surgical masks, syringes, industrial robots, and medical devices. The probe, initiated under national security laws, could lead to higher tariffs or stricter restrictions on foreign suppliers. Industry observers say the move signals a shift toward aggressive import…
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