Author: OMN AI
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The US Securities and Exchange Commission dismissed its lawsuit against the Winklevoss twins’ crypto exchange after investors recovered all assets. Regulators cited full repayments to Gemini Earn users through the Genesis bankruptcy process in mid-2024. The decision reflects a friendlier crypto stance under Donald Trump, who pledged broader digital currency adoption. The exchange, now called Gemini Space Station, previously faced charges over an unregistered lending program. New York regulators later secured a settlement and banned Gemini’s lending operations in the state. The SEC stressed the dismissal does not affect other cases. Gemini later listed on Nasdaq and is valued at…
Eight Countries Get Green Light for SAFE Funding The European Commission has approved national defence investment plans from Estonia, Greece, Italy, Latvia, Lithuania, Poland, Slovakia, and Finland under the EU’s €150 billion Security Action for Europe (SAFE) programme. Together, these countries requested €74 billion, with Poland alone accounting for €43.7 billion. SAFE is a central part of the EU’s Readiness 2030 plan, which aims to pour hundreds of billions of euros into defence by the end of the decade, as intelligence agencies warn of a potential threat from Russia to other European nations. This is the second round of approvals,…
Gold prices surged past $5,000 (£3,659) an ounce for the first time, extending a historic rally. The metal has climbed more than 60% during 2025, marking one of its most remarkable years. Geopolitical and financial tensions have driven the surge. Disputes between the United States and Nato over Greenland have unsettled investors. Markets are highly sensitive to global instability. US President Donald Trump has added to uncertainty with aggressive trade policies. He recently threatened a 100% tariff on Canada. The warning targets any Canadian trade deal with China. Safe-haven buying lifts precious metals Investors often turn to gold during periods…
The World Bank Group has officially opened its first office in Doha, marking a new chapter in its partnership with Qatar and highlighting the country’s expanding role in global development and finance. The office will focus on development financing, private-sector engagement, and supporting countries facing economic fragility and conflict. It is hosted at the Qatar Fund for Development (QFFD) headquarters, in collaboration with the Ministry of Finance. At the inauguration, World Bank Group President Ajay Banga said the office reflects a deepening partnership built on shared goals. He emphasized Qatar’s potential to support growth in neighbouring countries while attracting private…
Coca-Cola has launched legal proceedings against Vue after the cinema chain ended a 25-year drinks supply partnership. Vue, which operates more than 90 cinemas in the UK and Ireland, switched to PepsiCo last year following a tender process. Coca-Cola Europacific Partners Great Britain filed the claim to recover alleged unpaid debts from the contract’s termination. Vue said the disputed sum was under £100,000 and confirmed the winding-up petition has been withdrawn. The cinema chain added that all outstanding issues between both parties have now been resolved.
US President Donald Trump has issued a stern warning to Canada. He said the United States would impose 100% tariffs on all Canadian goods. Trump shared the threat on his social media platform. He said the tariffs would take effect immediately. The warning targets any trade deal or partnership between Canada and China. Trump said Canada would face severe penalties if it pursued agreements with Beijing. He said the tariffs would cover all Canadian products entering the United States. He framed the move as protection for American industries. He offered no exemptions or negotiations. The statement intensified tensions between Washington…
Analysts are forecasting stability in the U.S. housing market for early 2026, based on the latest projections from Realtor.com. Upcoming Federal Reserve interest rate announcements are expected to help set a steady tone for buyers and sellers. Experts say that the housing market has experienced significant fluctuations in recent years, influenced by mortgage rates, inflation, and changing buyer demand. The March forecast suggests a more predictable market environment in the coming months. Stable interest rates are a key factor in maintaining balance. When mortgage rates remain steady, buyers can plan their budgets more effectively, and sellers can price homes with…
Google’s AI Overviews, seen by about 2 billion users each month, cite YouTube more often than any medical website when answering health-related search queries, according to a new German study. Researchers analysed more than 50,000 health searches conducted in Germany and found that YouTube accounted for 4.43% of all citations used in AI-generated summaries—more than hospitals, government health portals or medical associations. The study, by SEO firm SE Ranking, raises concerns because YouTube is not a medical publisher and hosts content from both qualified professionals and untrained influencers. While Google says its system prioritises high-quality and reputable sources and notes…
Efforts to resolve Russia’s nearly four-year invasion of Ukraine continue this weekend in Abu Dhabi, where officials from Ukraine, Russia, and the United States are meeting to discuss a path toward peace. Ukrainian President Volodymyr Zelenskyy said the discussions will focus heavily on the future of the eastern Donbas region, a major point of contention in the conflict. Productive Start, But Answers Still Pending The talks began on Friday and will continue into Saturday, with the White House describing the first day as productive. The UAE’s foreign ministry highlighted the discussions as part of ongoing efforts to “promote dialogue and…
Every month, hundreds of millions of users visit Pinterest to explore new styles and creative ideas. One popular page called “the most ridiculous things” offers unusual inspiration. It shows Crocs repurposed as flower pots. It features cheeseburger-shaped eyeshadow. It even presents a gingerbread house built from vegetables. Many users do not realise the technology behind these recommendations is not always American. Pinterest now experiments with Chinese artificial intelligence models to improve its recommendation engine. The platform increasingly relies on this technology to personalise shopping and discovery. Pinterest chief executive Bill Ready said the platform now functions like an AI-powered shopping…