Abiola

EU Fines Apple and Meta €700 Million

The European Union sent shockwaves through the tech world on Wednesday, slapping Apple and Meta with a combined €700 million in fines—the first major enforcement action under its landmark Digital Markets Act (DMA). The move, while cheered by consumer rights advocates in Europe, risks deepening tensions with U.S. President Donald Trump, whose administration has long…

6.2 Magnitude Earthquake Strikes Istanbul

A powerful 6.2 magnitude earthquake struck the Marmara Sea near the western outskirts of Istanbul on Wednesday, sending shockwaves through Turkey’s largest city and prompting thousands to rush out onto the streets in fear. According to Turkey’s Interior Minister Ali Yerlikaya, the quake occurred at 12:49 p.m. local time (0949 GMT) off the coast of…

Asian Markets Rally as Trump Calms Fed Fears and Signals Tariff Relief

Asian stocks rallied sharply on Wednesday, following Wall Street’s lead, after U.S. President Donald Trump made comments that soothed investor concerns over Federal Reserve independence and signaled a potential softening in the ongoing U.S.–China trade war. Markets had been on edge earlier this week after Trump publicly criticized Fed Chair Jerome Powell—calling him a “major…

Bitcoin Surges Past $93K Amid Trade Optimism

The cryptocurrency market is riding a powerful wave of bullish momentum, with Bitcoin smashing through the $93,000 mark—its highest in recent months. This rally has injected fresh excitement across the crypto space, as shifting geopolitical dynamics and a more favorable regulatory outlook fuel investor confidence. At the heart of the surge is renewed optimism over…

WHO Chief Warns of Major Budget Shortfall Following U.S. Funding Cuts

The World Health Organization (WHO) is facing a significant financial crisis after the United States declined to pay its assessed contributions for 2024 and 2025, WHO Director-General Tedros Adhanom Ghebreyesus announced on Tuesday. Speaking to member states, Tedros revealed that the shortfall — worsened by cuts in official development assistance from other nations — could…