Author: OMN AI

Big Tech companies are accelerating artificial intelligence development with record-breaking capital expenditure. They plan to spend over 700 billion dollars in 2026, roughly 590 billion euros, a 75 percent increase from 2025. Several firms released earnings reports and outlined their 2026 spending plans. Analysts confirmed these projections and emphasised their strategic importance. Wall Street is focused on the combined capital expenditure figure. More than 700 billion dollars will flow into AI infrastructure this year, exceeding Sweden’s nominal GDP for 2025, according to IMF estimates. Global chip sales are expected to hit one trillion dollars for the first time this year.…

Daily GLP-1 tablets are widening the race to dominate the obesity drug market.Analysts expect the sector to reach about $200bn by the early 2030s.The new pills offer a simpler alternative to weekly injections and attract new patients. Novo Nordisk has launched the first oral Wegovy in the US with strong early demand.Users say pills provide steady appetite control and remove the need for needles or refrigeration.Lower prices also make them more accessible for people without full insurance cover. Rival Eli Lilly is preparing its own tablet, orforglipron, which does not require fasting.Competition is intensifying as more companies develop oral and…

Eight U.S. cities are gaining attention as top destinations for young families, thanks to a combination of affordable housing, quality schools, and appealing lifestyle amenities. Experts say these factors are shaping family-friendly communities that support both work-life balance and long-term stability. Housing affordability remains a key driver. Cities with lower home prices and competitive rental markets are attracting families who want more space and better value compared to high-cost urban areas. Analysts note that the availability of modern housing and family-oriented neighborhoods makes these locations particularly appealing. Education quality is another major factor. Families prioritize areas with strong public schools,…

Health agencies warn that measles continue to challenge Europe, even after a decline in cases in 2025 compared with the previous year’s record. Experts urge urgent action to fight vaccine hesitancy and prevent new outbreaks across the continent. Measles often fade from public attention, yet the virus continues to spread in many European countries. Europe reported 127,350 measles cases in 2024, the highest total since 1997. Cases fell in 2025, but infections still doubled compared with 2023, according to the European Centre for Disease Prevention and Control. Sabrina Bacci, head of the ECDC programme on vaccine-preventable diseases and immunisation, said…

Max Verstappen strongly criticised Formula One’s new regulations after pre-season testing in Bahrain.He called the cars “anti-racing” and said the complex energy management makes them unpleasant to drive.He warned he could leave the sport if racing stops being enjoyable. Lewis Hamilton voiced similar concerns.He said the systems are so complicated that fans will struggle to understand them.He added that drivers now need extensive technical knowledge to operate the cars. The 2026 rules introduce new engines, chassis and tyres.Power now comes almost equally from combustion and electric systems.Drivers must constantly manage energy deployment while racing. Testing times revealed little about the…

Aluminium prices fell on Friday, while zinc, nickel, and lead also declined. Investors reacted to reports that US President Donald Trump may ease tariffs on imported metals. Markets factored in a potential policy shift ahead of November’s midterm elections. The three-month aluminium contract on the London Metal Exchange dropped more than 2.5% to $2,965.75 per tonne by midday. The most active aluminium contract on the Shanghai Futures Exchange fell 1.76% to 23,195 yuan per tonne. Industrial Metals Follow Aluminium Lower Zinc traded at $3,316.50 per tonne, down $51.95 or 1.54%. Nickel fell $257 to $16,993.38 per tonne, a decline of…

US inflation fell to 2.4% in January after last year’s tariff-driven price swings. The consumer price index rose 0.2% from December. Core inflation increased 0.3% for the month. Economists expected a small decline in the annual rate. Prices dropped to 2.3% in April before climbing to 3% in September. Inflation eased again to 2.7% at the end of the year. The White House said its policies continue to control inflation. Investors watch the data for signals on interest rates. The Federal Reserve delayed cuts and will decide again in March. Jerome Powell expects tariff effects to raise prices only temporarily.…

US President Donald Trump revoked a 2009 scientific finding that identified greenhouse gases as a threat to public health. The rule had served as the legal foundation for federal efforts to curb emissions from vehicles, power plants, and industry. The White House called the move the “largest deregulation in American history,” claiming it will reduce car costs by $2,400 and ease pressure on automakers. Environmental groups warned it is the most significant climate rollback so far and promised to challenge it in court. Trump criticizes Obama-era climate policy Speaking in the Oval Office, Trump said the 2009 rule was “a…

The top legal adviser to the European Court of Justice has said billions of euros were wrongly released to Hungary. Advocate general Tamara Ćapeta argued that the European Commission should not have unfrozen about €10bn because required judicial reforms were not properly implemented. The commission had suspended funds in 2022 over concerns about corruption and rule-of-law backsliding under prime minister Viktor Orbán. In 2023, it decided Hungary had met reform conditions and made the country eligible for the money. The European Parliament challenged that decision, claiming serious errors and suggesting political motives linked to EU support for Ukraine. Ćapeta said…

Narrow Vote Reveals Deep Divisions The US House of Representatives voted to overturn President Donald Trump’s tariffs on Canadian goods. Lawmakers approved the resolution with 219 votes in favor and 211 votes against. Six Republican lawmakers joined Democrats to support the measure. The vote remains largely symbolic because the US Senate must approve it and Trump must sign it. Trump is very unlikely to approve the measure if it reaches his desk. Trump Escalated Tariffs After Re-Election Trump imposed several tariffs on Canada after his re-election. He recently threatened a 100% import tax in response to Canada’s proposed trade deal…