Author: Grace Johnson

Turkey has signed an £8 billion agreement to purchase 20 Eurofighter jets from Britain. The deal strengthens defense cooperation between the two countries and signals a major step in Turkey’s military modernization. Officials said the jets will enhance Turkey’s air defense capabilities and support strategic operations. The Eurofighter aircraft are expected to provide advanced technology, including state-of-the-art radar, avionics, and weapons systems. British defense officials welcomed the agreement, highlighting the importance of collaboration with Turkey. They noted that the deal reinforces ties between NATO allies and contributes to regional security. The Eurofighter jets will be delivered in stages over the…

Amazon is preparing to cut tens of thousands of corporate jobs in one of its largest rounds of layoffs in years, according to multiple media reports. The reductions could begin as early as this week. Both The Wall Street Journal and Reuters report that Amazon plans to eliminate up to 30,000 positions. The move is part of a global cost-cutting campaign led by chief executive Andy Jassy, who is seeking to streamline the company after a period of rapid expansion. Amazon declined to provide a statement when approached by international media outlets. Largest restructuring since 2022 If confirmed, the layoffs…

Real Madrid delivered a commanding performance at the Bernabéu, beating Barcelona 2-1 and extending their lead at the top of La Liga to five points. Xabi Alonso’s side combined structure, intensity, and precision in his first Clasico as manager. Jude Bellingham ended his goal drought with his first league goal and an assist after recovering from shoulder surgery. Kylian Mbappé continued his lethal scoring run, dominating Barcelona’s defence. Yet the night’s victory was clouded by Vinicius Jr’s furious reaction to being substituted. The Brazilian winger lost his temper in the 72nd minute. He ignored Alonso, stormed down the tunnel, and…

US President Donald Trump has announced new tariffs on Canadian goods after Ontario aired an anti-tariff advertisement featuring former President Ronald Reagan. Trump denounced the ad as a “fraud” and accused Canadian officials of refusing to pull it before the World Series baseball championship. “Because of their serious misrepresentation of the facts, and hostile act, I am increasing the Tariff on Canada by 10% over and above what they are paying now,” he wrote on social media on Saturday. Diplomatic fallout deepens amid tense trade relations Trump’s decision came two days after he withdrew from trade talks with Canada, worsening…

Beef prices in the United States have climbed to historic highs, turning a kitchen-table concern into a political storm. Donald Trump, who once claimed inflation was “dead,” now faces growing outrage over the soaring cost of beef that threatens his promise to make groceries affordable again. This week, he called on ranchers via social media to cut cattle prices. But his appeal — and new plans from his administration — have angered ranchers who say his ideas could hurt their livelihoods while barely lowering prices for shoppers. Shrinking herds and struggling ranchers America’s cattle industry has been shrinking for decades.…

US President Donald Trump will meet Chinese President Xi Jinping in South Korea on 30 October. The White House confirmed the upcoming meeting, which will take place on the sidelines of a major Asian summit. The encounter has been planned for several weeks, though rising tensions between Washington and Beijing nearly derailed it. It will mark the first face-to-face meeting between the two leaders since Trump’s return to the presidency. Trump recently warned that he would impose a 100% tariff on Chinese imports in November if Beijing does not relax its restrictions on rare earth exports. White House confirms timing…

Tesla achieved its highest quarterly revenue yet, but profits fell significantly. Rising tariffs, growing research costs, and stiff competition pressured earnings despite strong sales. Revenue climbs while profits decline For the quarter ending September, Tesla reported $28 billion (£21 billion) in revenue, a 12% increase from last year. Profits dropped 37% due to higher tariffs and increased research and development spending. Investors reacted cautiously. Tesla shares fell 3.8% in after-hours trading. Despite the decline, the company’s market value remains around $1.4 trillion, supported by confidence in Elon Musk’s ambitions in AI and robotics. Federal tax credit drives US sales surge…

U.S. stock markets showed modest gains as investors reacted to positive corporate earnings reports and improved guidance from leading firms. Analysts noted that the broader market moved higher on news of stronger-than-expected earnings, signaling renewed investor optimism. The Nasdaq and other major indexes experienced upward momentum after several prominent companies reported results that beat expectations. These earnings announcements suggest that corporate profitability remains robust, even amid economic uncertainties. Investors welcomed the news, which points to continued growth and a supportive business environment. The improved earnings reports come from a range of sectors, including technology, industrials, and consumer services. Many companies…

Donald Trump said he did not want a “wasted meeting” after cancelling plans for face-to-face talks with Russian President Vladimir Putin about the war in Ukraine. Speaking at the White House on Tuesday, the US president said Moscow’s refusal to stop fighting along the current front line made any progress impossible. White House scraps Budapest summit plan A White House official confirmed there were “no plans” for a Trump-Putin meeting “in the immediate future.” The statement came only days after Trump had announced both leaders would meet in Budapest within two weeks. This week exposed the deepening divide between Washington…

Amazon Web Services (AWS) confirmed late Monday that it had fixed a large-scale outage that shut down thousands of websites and apps worldwide for much of the day. More than 1,000 platforms — including Snapchat and major banks such as Lloyds and Halifax — went offline after technical failures in Amazon’s cloud network in the United States. Global outage tracker Downdetector recorded over 11 million reports during the disruption. Experts said the collapse showed how dangerously dependent the global internet has become on a handful of cloud providers. How one fault took the world offline Professor Alan Woodward from the…