Hedge funds look to South Korea for next AI wave
Hedge funds looking for artificial intelligence-related stock bargains are diving into South Korean chipmakers, betting that a new wave of demand for high-end memory chips and public spending will make…
Germany agrees to phase out Huawei and ZTE components from 5G core network
The German government has concluded contracts with telecoms companies so that components from China's Huawei and ZTE cannot be used in 5G core networks after the end of 2026, the…
Apple lets rivals use tap-and-go payments
Apple will open up its tap-and-go mobile payments system to rivals, the EU antitrust regulator said, even as its chief Margrethe Vestager said the iPhone maker has yet to change…
Biles and Ledecky headline US team for Paris
Gymnast Simone Biles and swimmer Katie Ledecky headline a 592-member US Olympic team for the Paris Games, which begin this month. Ledecky is a 10-time Olympic medallist and Biles is…
Russia compensates athletes not invited to Paris Games
The Russian Olympic Committee has compensated 245 athletes who did not meet the criteria allowing them to compete at the Paris Games this month. Athletes from Russia and Belarus are…
Colombia beat Uruguay to qualify for America Cup final
Colombia beat Uruguay 1-0 in the semi-final of the Copa America, despite playing the second half with only 10 men, to book a place in the final against Argentina. The…
Spain’s far right threatens to abandon regional coalitions
Spain's far-right Vox party threatened to scrap governing coalitions with the centre-right Popular Party in protest at an agreement to move some 400 underage migrants from the Canary Islands to…
Immigration boosts EU population again in 2023
Migration to European Union countries boosted their total population in 2023, according to EU data. After declines in 2020 and 2021, linked to the impact of COVID-19, the EU saw…
Greek islands hit by water crisis
The largest reservoir on the Greek island of Naxos has dried up and is only useful for the turtles that navigate its muddy shallows. Downstream, seawater has seeped into empty…
Flooding in northern Bangladesh displaced 40,000 people and closed schools
Flooding in Bangladesh has destroyed homes and closed schools, displacing tens of thousands of people, the Ministry of Disaster Management and Emergency Management said on Tuesday. More heavy rains are…
