US President Donald Trump’s decision to impose 25% tariffs on goods imported from India could hit the country’s growth prospects, experts say. It is unclear how big the hit could be, given that Trump has announced an unspecified penalty in addition to the 25% tariff rate. In a post on his Truth Social platform on Wednesday, Trump said the penalty would be imposed on India starting 1 August for buying Russian oil and weapons “at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE”. Experts say further details on the fine print of the penalty will be…
Author: Oki Bin Oki
Roblox stock soared 16% Thursday after the company reported second-quarter revenue that beat expectations amid strong user growth. The gaming platform saw $1.44 billion in net bookings, up 51% over the year prior. Analysts polled by LSEG expected $1.24 billion in net bookings for the quarter. User and engagement numbers were also strong for the company, with daily active users at 111.8 million, up 41% year-over-year, and hours engaged at 27.4 billion, up 58% year-over-year. StreetAccount expected 106 million DAUs. “Our year on year growth this quarter is a reflection of our strategic investments in infrastructure and performance, discovery, and…
Barcelona players will have “DR Congo – Heart of Africa” emblazoned on the back of their training shirts from the start of next season, after the top Spanish football team agreed on a four-year deal with the central African country. The partnership will reportedly cost the Democratic Republic of Congo 44m euros ($50m; £38m), although the club has not disclosed the amount it will receive. The arrangement has faced criticism from some Congolese who have questioned their government’s priorities, especially as its domestic football league has been plagued by chronic underfunding for years. But the authorities have defended the agreement,…
Shannon Sharpe, a former National Football League (NFL) star and popular US podcaster, has been dropped by sport network ESPN after settling a legal case which accused him of rape. The case, brought by a woman who alleges that Mr Sharpe assaulted her during a nearly two-year relationship, asked for more than $50m (£38m) in damages. Sharpe, 57, denied the claims. Earlier this month, a settlement was reached, and the case was dismissed. After reports of his break with the TV network came out in US media, Sharpe said on one of his podcasts on Thursday: “I’m sure everybody’s heard…
A US dentist who poisoned his wife has been sentenced to life in prison without parole after a Colorado jury found him guilty of murder and other charges. James Craig, 47, had been having an affair when he plotted to kill his wife Angela Craig in March 2023. After lacing his wife’s protein shakes with arsenic, he gave her a fatal dose of cyanide while she lay ill in hospital, prosecutors said. Prosecutors also argued during a two-week trial that the dentist felt trapped in his marriage but was facing financial troubles and did not want a divorce. Defence lawyers…
The family of one of sex offender Jeffrey Epstein’s victims has asked US President Donald Trump not to consider pardoning the late financier’s accomplice, Ghislaine Maxwell. “Ghislaine Maxwell is a monster who deserves to rot in prison for the rest of her life,” said the family of the late Virginia Giuffre. Their statement also questioned Trump’s recent remark that Epstein “stole people that worked for me”, including Giuffre, who was once an employee at the president’s Florida golf club, Mar-a-Lago. Trump has recently faced questions over his historical friendship with Epstein, including whether he might pardon Maxwell. He has never…
Former Vice President Kamala Harris announced Wednesday that she would not run for governor of California in 2026, ending questions about her interest in the role but raising new ones about the 2024 Democratic presidential nominee’s plans for the future. “For now, my leadership — and public service — will not be in elected office,” she said in a statement released Wednesday. “I look forward to getting back out and listening to the American people, helping elect Democrats across the nation who will fight fearlessly, and sharing more details in the months ahead about my own plans.” In the aftermath…
In a dramatic protest earlier this month, multiple Democratic US senators stormed out of a committee hearing mid-debate. Only one remained: Senator Cory Booker, who stayed at the Judiciary Committee hearing only to excoriate his Republican colleagues for “trying to rush through one of the most controversial nominees we’ve had under this presidential administration.” At the heart of the spectacle was Emil Bove III, Donald Trump’s former personal attorney and his pick for a lifetime position as a federal appeals court judge. The Senate paved the way for a final vote on his nomination on Tuesday night. He was confirmed…
Investigators have found the Army helicopter involved in a deadly mid-air collision over Washington DC was receiving faulty altitude data, causing it to fly higher than intended. The findings, revealed during National Transportation Safety Board (NTSB) hearing, indicate that the helicopter’s altimeters – devices that tell pilots how high off the ground they are – showed discrepancies ranging from 80ft (24.4m) to 130ft. All 64 passengers onboard an American Airlines flight, along with three crew members on the helicopter, were killed in the 29 January crash. Investigators are not expected to identify the cause of the crash at the hearing…
The US central bank has kept interest rates unchanged again, despite pressure from President Donald Trump to lower borrowing costs. The decision, which was widely expected, left the Federal Reserve’s key lending rate between 4.25% and 4.5%, where it has stood since December. But in an unusual dissent, two members of the board voted against the plan, saying they preferred to cut, which is a sign that support for lower rates may be broadening. The vote came as new economic data continued to fuel debate over what effects Trump’s tariffs will have on the world’s largest economy. The latest figures…
Planning a road trip across the U.S.? Renting a car is definitely the most convenient way to explore different cities and states, small towns, and everything in between that may catch your eye. But without a bit of strategy, rental costs can quickly build up and derail your budget. That’s why we’ve collected seven rental car hacks to help you save time, money, and avoid unnecessary stress before you hit the open road. 1. Book Early for Better Rates Rental car prices tend to rise as your travel date gets closer, so booking in advance is essential. It gives you…
Electricity demand has reached a new peak, supported by new customer connections and increased consumption of grid power during the prevailing cold season. Data from Kenya Power’s National Control Centre shows that the peak demand shot twice this month, with a historical 2,362.28 MW being recorded on Wednesday, July 23, 2025. Before this, a peak demand of 2,325 MW had been attained on July 2 up from the previous peak of 2,316 MW recorded in February 2025. Peak demand refers to the highest electricity demand that has been recorded at the national control centre, where electricity supply across the country…
The US will impose 25% tariffs on goods imported from India “plus an unspecified penalty” for buying Russian energy and weapons, President Trump has said. In a post on his Truth Social platform, he said the measures would take effect from from 1 August, the US deadline for a trade deal. He described India as a friend whose “tariffs are far too high, among the highest in the world”. He also criticised India’s purchases of Russian military equipment and energy “when everyone wants Russia to STOP THE KILLING IN UKRAINE”. There was no immediate response from India, which has been…
Indian and US space agencies have launched a new satellite which will keep a hawk’s eye on Earth, detecting and reporting even the smallest changes in land, sea, and ice sheets. Data from the joint mission by Indian Space agency Isro and Nasa will help not just the two countries but the world in preparing and dealing with disasters. The 2,392kg Nasa-Isro Synthetic Aperture Radar (Nisar) was launched at 17:40 India time (12:10 GMT) on Wednesday from the Satish Dhawan Space Centre in south India. The satellite comes close on the heels of the Axiom-4 mission which saw an Indian…
Double Olympic biathlon champion Laura Dahlmeier has died after a mountaineering accident in Pakistan. The 31-year-old German was caught in rockfall during an expedition in the Karakoram mountains on Monday. Her climbing partner, Marina Eva, called emergency services after the accident, which occurred at about 5,700 metres (18,700 feet). Rescue teams, containing expert climbers from Germany and the United States, immediately began a rescue mission but their searches were hindered by adverse weather conditions. Dahlmeier’s management company confirmed on Wednesday that she had died. “A recovery operation was launched but ultimately called off on the evening of 29 July,” her…