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Larry Ellison overtook Elon Musk after Oracle shares jumped 40%, valuing his fortune at $393bn.Ellison owns 41% of Oracle, whose shares rose to $340, giving the company a $958bn valuation.The increase marked Oracle’s largest single-day gain and the biggest one-day wealth rise on Bloomberg’s index.Ellison, 81, also holds Tesla shares, a sailing team, the Indian Wells Open, and a Hawaiian island.He has a long-standing relationship with Musk, serving on Tesla’s board and investing $1bn in Twitter.Ellison supports Donald Trump and appeared at the Stargate AI project launch, while Musk’s Trump ties recently soured.Oracle’s growth benefits from AI cloud service demand,…
Donald Trump is urging the European Union to impose tariffs of up to 100 percent on China and India. He wants to increase pressure on Russian President Vladimir Putin and push for an end to the war in Ukraine. Trump calls for stronger measures against Moscow The US president made his demand during a meeting with EU officials on Tuesday. Both sides discussed new strategies to weaken Russia’s economy. According to a source, Trump pushed for maximum tariffs against China and India. He had promised to end the conflict on the “first day” of his presidency. Peace talks between Moscow…
Transatlantic allies coordinate economic measures to curb Moscow’s resources WASHINGTON, Sept 9 — Officials from the United States and European Union convened in Washington this week to plan enhanced sanctions against Russia, following a sharp increase in attacks on Ukraine. The discussions focused on aligning efforts to reduce Moscow’s financial and energy capabilities. The meeting, hosted at the U.S. Treasury Department, included Treasury Secretary Scott Bessent and EU Sanctions Envoy David O’Sullivan. Delegates explored tighter restrictions on Russian oil exports and refining operations, key revenue sources for the Kremlin, emphasizing the need for a coordinated approach to strengthen the impact…
Apple will reveal its thinnest iPhone yet at Tuesday’s “awe-dropping” event in Cupertino.The iPhone 17 series will include standard, Pro, Pro Max, and the new iPhone Air.iPhone Air may become Apple’s lightest flagship, following the slim MacBook design tradition.Apple will also launch Apple Watch series 11 and updated AirPods earbuds.AirPods might feature live translation, a capability Google’s Pixel Buds already offer.Apple plans to announce release dates for iOS 26 and macOS Tahoe.Trump’s tariffs could disrupt Apple’s supply chain and increase iPhone prices for consumers.Tim Cook moved production to India and shipped iPhones to the US to minimize costs.Apple Intelligence, the…
Israeli forces struck Hamas leadership in Doha on Tuesday, intensifying their campaign against the group under “Summit of Fire.” Eyewitnesses described smoke rising over the Katara district and reported multiple explosions in the area. Israeli officials confirmed the operation specifically targeted senior Hamas figures. Prime Minister Benjamin Netanyahu’s office released a statement claiming full responsibility. “Israel initiated it, Israel conducted it, and Israel takes full responsibility,” the statement said. Officials emphasized that the mission was independent and not coordinated with allies. Unconfirmed reports suggest all four members of the Hamas Political Bureau, the group’s highest decision-making body, were either killed…
Factories remain closed Jaguar Land Rover will keep its UK plants closed until at least Wednesday. The company continues to face disruption after a cyber attack more than a week ago. Production is suspended at Halewood, Solihull and Wolverhampton. Facilities in Slovakia, China and India are also offline. Assembly line workers have been told to stay home. On 31 August the company shut down its IT systems to prevent further damage. That move caused widespread operational disruption. Recovery efforts ongoing Jaguar Land Rover says teams are working around the clock to safely restore its networks. Cybersecurity specialists and law enforcement…
Ethiopia has officially inaugurated the Grand Ethiopian Renaissance Dam (GERD), Africa’s largest hydroelectric project, despite ongoing tensions with downstream neighbors Egypt and Sudan. The $5 billion dam is set to generate over 5,000 megawatts of electricity and could allow Ethiopia to export surplus power to the region. Prime Minister Abiy Ahmed described GERD as a “shared opportunity” for East Africa, highlighting its potential to boost energy production and regional development. The inauguration ceremony on Tuesday drew a handful of regional leaders, including Kenya’s President William Ruto and Somalia’s President Hassan Sheikh Mohamud. Festivities began the night before, featuring lantern displays…
Texas state Representative James Talarico, a Democrat and former schoolteacher, officially joined the U.S. Senate race on Tuesday, adding momentum to a growing field aiming to challenge Republican Senator John Cornyn. At 36, Talarico has built a rising national profile with viral social media posts highlighting his opposition to policies such as private school vouchers and the display of the Ten Commandments in public classrooms. This Senate race marks Talarico’s first bid for statewide office. He previously flipped a seat in Austin’s suburbs in 2018, marking a notable win for the Democrats in an area that had leaned Republican. Talarico…
Nepal’s prime minister has resigned following deadly protests triggered by a controversial social media ban. KP Sharma Oli submitted his resignation to President Ram Chandra Paudel on Tuesday. Officials said the move aims to create a path for a political solution to the escalating unrest. The government lifted the social media ban after a late-night cabinet meeting. Prithvi Subba Gurung, the communication, information, and technology minister, confirmed the withdrawal of the ban. The measure had blocked 26 online networks, including Facebook and Instagram, citing registration violations. Despite nationwide curfews, protests continued into Tuesday morning. Thousands of demonstrators took to the…
The 2025 WNBA regular season ends Thursday, September 11, and attention turns to the league’s annual awards. Fans and analysts are debating who will take top honors like Most Valuable Player, Defensive Player, Rookie of the Year, and Sixth Player of the Year. Although the postseason starts September 14, winners will be announced in the weeks after the regular season. The MVP race has been one of the closest in years. Napheesa Collier of the Minnesota Lynx helped her team start 9-0, recording 15 games with 20 or more points, 13 contests with at least two steals, and five games…