Author: Sam Allcock

Detroit rapper Eminem made a rare and emotional public appearance in New York City this week, surprising fans at the world premiere of his new documentary Stans. The film, which explores the impact of fan culture and the legacy of one of Eminem’s most iconic songs, was screened at The Rooftop at Pier 17 in Manhattan. The 15-time Grammy Award-winning artist appeared briefly on stage to address a packed audience and share his reflections on the journey that led to the making of Stans. In his short speech, Eminem, whose real name is Marshall Mathers, said: “It is so crazy…

With the global economy reeling from a new wave of U.S. tariffs imposed by President Donald Trump, markets have responded with sharp downturns and volatility, leaving many investors uncertain and anxious. Whether you’re a seasoned trader or a casual stockholder, understanding the language used to describe market shifts is more important than ever. Here is a guide to some of the key terms being used in financial media as markets react to escalating trade tensions. Bear MarketA bear market is generally defined as a drop of 20% or more in major stock indices from recent highs. While it’s a headline-grabbing…

Germany is preparing to launch a landmark €100 billion ($116 billion) investment vehicle designed to fortify its strategic industries and secure long-term economic resilience amid rising global geopolitical tensions. According to a report by Bloomberg, the new fund—Deutschlandfonds—will focus on critical sectors such as defense, energy, and essential raw materials. It is set to become a cornerstone of Chancellor Friedrich Merz’s economic revival plan following two years of stagnation in Europe’s largest economy. The Federal Ministry for Economic Affairs and Climate Action confirmed that the fund will be seeded with an initial €10 billion in public funds. These will be…

Nvidia, the American technology giant, has announced plans to develop a more affordable version of its Blackwell artificial intelligence (AI) chip specifically for the Chinese market, in a move seen as both commercially strategic and geopolitically significant. The new chip, expected to enter production in June 2026, will be based on Nvidia’s RTX Pro 6000D architecture and priced between $6,500 and $8,000—significantly less than the current Blackwell models, which cost between $10,000 and $12,000. The announcement comes months after the United States government imposed export restrictions on Nvidia’s high-end H20 AI chips to China, citing national security concerns. With the…

The United States has imposed a sweeping new round of tariffs on Brazilian imports, escalating economic tensions between the two largest economies in the Americas amid the ongoing legal proceedings against Brazil’s former president Jair Bolsonaro. The move, announced Wednesday by the White House, raises duties on select Brazilian exports from 10% to as high as 50%, targeting key commodities such as beef, coffee, and sugar. The decision immediately drew sharp criticism from Brazilian President Luiz Inácio Lula da Silva, who denounced the tariffs as a “politically motivated” act rooted in U.S. domestic politics. “This is not about trade,” President…

Ghana is reeling from a tragic military helicopter crash that claimed the lives of two senior government ministers and six others in the Ashanti Region on Wednesday, marking one of the country’s gravest political losses in recent memory. The deceased include Defense Minister Edward Omai Boamah and Minister of Environment, Science and Technology Ibrahim Murtala Mohamed. The crash occurred near Adansi Praso while the group was traveling from the capital Accra to the city of Obuasi. Chief of General Staff Julius Debrah confirmed that the helicopter lost contact with air traffic control shortly before the crash. According to a statement…

UAE President Sheikh Mohamed bin Zayed Al Nahyan arrived in Moscow on Wednesday for high-level diplomatic talks with Russian President Vladimir Putin, marking his third official visit to Russia in as many years. He was received at the airport by Russian Deputy Prime Minister Denis Manturov, according to the UAE’s official news agency, WAM. The visit underscores the UAE’s deepening strategic relationship with Russia, with talks expected to focus on expanding cooperation in key sectors such as trade, energy, investment, and regional security. The two leaders are also expected to address pressing international issues, notably the ongoing conflict in Ukraine…

Agility KSCP, a global leader in supply chain services and infrastructure, has announced the successful conclusion of the July 2025 cohort of its acclaimed “Academy X” programme. The initiative, held in collaboration with CODED Academy, reflects Agility’s commitment to youth empowerment and digital education in Kuwait. The six-day, tuition-free programme welcomed 227 high school and university-level female students, offering them practical training in AI-powered app design, business development, and public speaking. Held under the umbrella of the national “Kuwait Codes” initiative, Academy X continues to provide a hands-on platform for young women to gain critical skills that bridge the gap…

Aspetar, Orthopaedic and Sports Medicine Hospital, is set to host its first Global Sports Medicine Conference this October in Doha, Qatar. Taking place from October 8 to 10, 2025, the landmark event is expected to be one of the largest global gatherings in the field of sports medicine this year. With over 100 international experts from 35+ countries, the conference will explore cutting-edge advancements in athlete health and performance. The robust agenda includes 18 keynote speeches, over 30 specialized sessions per day, and interactive workshops, covering a range of topics from injury surgery and sports science to AI integration and…

United Arab Bank (UAB), listed on the Abu Dhabi Securities Exchange (ADX), has successfully completed a capital increase through a Rights Issue, raising AED 1.031 billion. The transaction concluded on 29 July 2025, boosting the Bank’s issued capital from AED 2.062 billion to AED 3.093 billion, with newly issued shares priced at AED 1 per share. The Rights Issue was oversubscribed, demonstrating investor confidence in UAB’s fundamentals and validating the Bank’s ongoing turnaround strategy. All required regulatory approvals were secured from the Central Bank of the UAE (CBUAE), the Securities and Commodities Authority (SCA), and the ADX. Commenting on the…