Author: OMN AI

Pressure Builds Ahead of 2027 Deadline From January 2027, companies importing oil and gas into the European Union will be required to meet strict monitoring, reporting and verification standards tied to methane emissions from producing countries and firms. With that deadline approaching, a group of US lawmakers is urging Brussels not to weaken the rules or carve out exemptions for American energy producers if US standards fall short. In a letter obtained by Euronews, 24 members of Congress argue that the EU’s methane regulation is essential to curb emissions of the powerful greenhouse gas, which they note is far more…

Tech Shock Ripples Across Wall Street US markets fell sharply on Thursday after Alphabet shares dropped more than 4%, pulling major indexes lower and unsettling investors across asset classes. The S&P 500 slid 1.2%, marking its sixth decline in seven sessions since hitting a record high. The Dow Jones Industrial Average fell 606 points, while the Nasdaq dropped 1.5%. Alphabet weighed heavily on the market despite posting stronger-than-expected quarterly profits. Investors reacted instead to the company’s warning that capital spending could nearly double this year to about $180 billion, far exceeding forecasts. The move rattled confidence in a market already…

Hidden-market sellers promote unlicensed weight-loss drugs through WhatsApp and Telegram giveaways.They offer injectable medicines such as retatrutide as competition prizes. The Guardian found groups urging users to enter within 24 hours.Experts warn these tactics create serious health risks. One group promoted prizes including retatrutide, Glow pens, and melanotan II.None of these injectable products hold UK approval. UK law allows weight-loss injections only with valid prescriptions.Unapproved drugs cannot be legally sold or advertised. Another seller disguises drug sales as fitness coaching programmes.Researchers say these promotions misuse marketing pressure and bypass safety rules.

For two months, the US Department of Justice released millions of documents tied to Jeffrey Epstein. The files reveal years of alleged sex trafficking by the wealthy financier. President Donald Trump now calls for the country to move on. Washington, however, shows little interest in letting the story fade. Justice department closes its review Deputy Attorney General Todd Blanche said the government review has concluded. Congress mandated the review through legislation passed in November. Blanche said prosecutors found no grounds for new criminal charges. He confirmed the files include emails, photographs, and extensive correspondence. He added that such material alone…

Ultra-processed foods should face tobacco-style regulation because they promote addiction and harm public health, researchers say.Scientists from Harvard, the University of Michigan, and Duke compared UPFs to cigarettes in design and health impact.They said manufacturers optimise ingredients to drive compulsive consumption and reward responses.The study, published in Milbank Quarterly, warned that marketing claims can delay regulation.Researchers urged governments to shift responsibility from consumers to the food industry.Some experts cautioned against overreach but agreed stronger controls are needed.

SpaceX Deal Redraws the Balance Elon Musk’s business empire has taken a dramatic turn after SpaceX’s merger with artificial intelligence firm xAI pushed the combined company’s valuation to $1.25 trillion (€1.06tn). That figure brings SpaceX within striking distance of Tesla, whose market capitalisation stands at roughly $1.58 trillion (€1.34tn). On paper, Musk now appears to derive more of his personal wealth from rockets and AI than from electric cars, marking a major shift in where his influence and value lie. The deal values SpaceX at $1 trillion, with xAI contributing a further $250 billion. It follows last year’s move in…

Netflix came under intense scrutiny in Washington over its $82bn (£61bn) bid to acquire Warner Bros Discovery. Lawmakers questioned whether the merger would benefit consumers or workers. Senators from both parties expressed concern during an antitrust hearing. Senators warn deal could harm competition and raise costs Members of the Senate antitrust subcommittee said the merger could reduce competition across entertainment markets. Several senators warned that subscription costs might rise. Others questioned whether cinemas could survive if regulators approve the deal. The Department of Justice is reviewing the proposed transaction. Approval would give Netflix control of Warner Bros film and television…

Toto Wolff dismissed rivals’ claims that Mercedes broke engine rules.He said competitors should “focus on themselves” after missing a regulatory opportunity.The row centres on engine compression ratios used by Mercedes and Red Bull Racing.Rivals argue thermal expansion boosts performance while staying legal during inspections.FIA reviewed complaints but backed Mercedes’ interpretation.Wolff warned teams may still protest after the Australian Grand Prix.

Conflicting Details Surround Killing Libyan media outlets have reported that Saif al-Islam Gaddafi has been killed near the city of Zintan in western Libya. According to initial accounts, he was attacked by four individuals, though details surrounding the incident remain unclear and no official explanation has yet been provided. Adviser and Lawyer Confirm Death The death was confirmed by Abdullah Othman, Saif al-Islam’s political adviser, who announced the news in a brief Facebook post without elaborating on the circumstances or naming those responsible. His French lawyer, Marcel Ceccaldi, also confirmed the reports, telling AFP that the identity of the attackers…

China has banned hidden door handles on electric vehicles over serious safety concerns. The country becomes the first to outlaw the design. Regulators acted as electric vehicles face growing scrutiny worldwide. Several deadly accidents raised alarm among authorities. Two fatal crashes in China involved electric cars manufactured by Xiaomi. Investigators suspected power failures prevented passengers from opening the doors. Mechanical Door Access Becomes Mandatory The new regulations allow sales only for cars with mechanical door releases inside and outside. State media reported the full details of the rules. Authorities want to guarantee access during accidents and power failures. Regulators aim…