A UN-backed assessment has said that Gaza’s population of around 2.1 million Palestinians is at “critical risk” of famine and faces “extreme levels of food insecurity” as an Israeli blockade on humanitarian aid continues. The latest report by the Integrated Food Security Phase Classification (IPC) said there had been a “major deterioration” since October 2024,…
Novo Nordisk on Saturday said its diabetes pill Rybelsus showed cardiovascular benefits in a late-stage trial, paving the way for it to become a new treatment option for people living with diabetes and heart disease. The pill lowered the risk of cardiovascular-related death, heart attack and stroke by 14% compared to a placebo after four…
Jonathan Nicholson | NurPhoto | Getty Images The British unit of Spanish lender Banco Santander on Wednesday said 750 of its staff were at risk of redundancy as it targets 95 branch closures in the U.K. The decision is part of the bank’s broader plans to update its presence from June 2025 and will bring…
Respondents to the March CNBC Fed Survey have raised the risk of recession to the highest level in six months, cut their growth forecast for 2025 and hiked their inflation outlook. Much of the change appears to stem from concern over fiscal policies from the Trump administration, especially tariffs, which are now seen by them…
Elon Musk’s electric carmaker Tesla has warned it and other US exporters could be harmed by countries retaliating to Donald Trump’s trade tariffs. Mr Musk is a close ally of the US president and is leading efforts to reduce the size of the federal government. But in an unsigned letter addressed to the US trade…
President-elect Donald Trump and Elon Musk talk ring side during the UFC 309 event at Madison Square Garden on Nov. 16, 2024 in New York. Chris Unger | Ufc | Getty Images Five former Treasury secretaries warned Monday that recent actions at the Treasury Department by Trump administration officials and Elon Musk’s DOGE team raise…
Tom Gerken Technology reporter Getty Images Australia has banned DeepSeek from all government devices and systems over what it says is the security risk the Chinese artificial intelligence (AI) startup poses. DeepSeek stunned the world in January when it unveiled a chatbot which matched the performance level of US rivals, while claiming it had a…
The Anglican Church of Southern Africa (Acsa) has apologised for failing to protect the public from the risk posed by a prolific British child abuser who had moved to South African in 2001. Senior barrister John Smyth, who died in South Africa in 2018 at the age of 77, abused over 100 children and young…
Inflation driven by tariffs is among the biggest market risks in 2025, Nicolai Tangen, head of the world’s biggest sovereign wealth fund, said Tuesday. “I don’t think I should give any advice to the U.S., but if you look at the risk to financial markets, I think inflation is for sure one, all driven by…
Jonathan Raa | Nurphoto | Getty Images Bitcoin bounced on Tuesday, rising with other risk assets as traders digested a light inflation reading. On Tuesday the price of the flagship cryptocurrency rose 4% to $96,781.15, according to Coin Metrics, after sliding below the $90,000 support level to start the week. The broader crypto market, as…
