Author: OMN AI

Gold and silver prices plunged sharply as investors exited positions that had driven metals to record highs. Losses intensified on Monday after a heavy sell-off on Friday, signaling a sudden shift in market sentiment. During Asian trading, spot gold fell more than nine percent to around $4,403 per ounce. Silver dropped roughly 15 percent to below $72 per ounce. Both metals had surged earlier this year amid rising geopolitical uncertainty. US central bank clarity sparks sell-off The rally had reflected fears over geopolitics and uncertainty about US monetary policy. Investors also worried about political pressure on the Federal Reserve. Those…

The Chartered Institute of Procurement and Supply warned soaring shipping costs could push up consumer prices in 2026.Rising transport, energy, and raw material costs are straining global supply chains.Procurement teams report growing disruption risks at the highest level in two years.Shipping and logistics show the steepest increases, with many costs rising over 10%.Prices for computers, electrical machinery, and transport equipment already climbed.CIPS said volatility now looks permanent, not temporary.Geopolitical tensions, tariffs, and policies linked to Donald Trump are adding pressure to global trade.

Carlos Alcaraz claimed a thrilling Australian Open final and became the youngest man to complete a career Grand Slam at 22. He ended Novak Djokovic’s pursuit of a record 25th major title. Alcaraz collapsed to the court after sealing a 2-6 6-2 6-3 7-5 victory. The Melbourne crowd celebrated a moment that could redefine the modern era of tennis. Sportsmanship marks a historic moment Djokovic displayed class despite the loss. He climbed over the net and hugged Alcaraz as applause swept through Rod Laver Arena. The Serbian champion acknowledged the importance of the occasion. He knows chances to further cement…

West Ham United banned season-ticket holder Joshua Wood for five matches after he held an oversized protest banner.The banner read “Time 2 Sell – Name Your Price” and targeted owners David Sullivan and Karren Brady.The club cited stadium regulations on banner size, not the message itself.Wood said he did not bring the banner into the ground and plans to appeal.

A Swedish trial found artificial intelligence reduced later breast cancer diagnoses by 12% and improved early detection.Researchers studied 100,000 women in national screening programmes between 2021 and 2022.Women receiving AI-supported mammography showed higher early cancer detection rates.The AI system flagged high-risk scans and helped radiologists prioritise suspicious cases.The study appeared in The Lancet.Lead author Dr Kristina Lång from Lund University said AI could ease radiologist workloads.Experts stressed AI should support, not replace, human clinicians.

Donald Trump warned that doing business with China posed serious risks for the UK as Sir Keir Starmer arrived in Shanghai. The prime minister reached the city on the third day of his official visit to China. Trump reacted to agreements aimed at boosting trade and investment between Britain and China. Officials announced those deals after Sir Keir met President Xi Jinping in Beijing. Trump made the comments while attending a documentary premiere about his wife, Melania, on Thursday. He described Xi as a friend and said he knew the Chinese president very well. Trump did not provide further explanation…

Google DeepMind launched AlphaGenome, an AI tool designed to identify genetic mutations that drive disease.The system predicts how DNA changes disrupt gene regulation across different tissues and cell types.AlphaGenome can analyse up to one million DNA letters at once.Researchers trained it on public human and mouse genetics databases.The tool targets mutations linked to cancer, heart disease, autoimmune disorders, and mental health conditions.Scientists say it could speed up drug discovery and gene therapy design.Experts describe AlphaGenome as a major step toward understanding the non-coding genome.

Amazon alerted workers to new global layoffs after sending an internal email in error.The message, signed by AWS executive Colleen Aubrey, said affected staff had already been informed.It referenced job losses in the US, Canada, and Costa Rica under “Project Dawn.”Amazon Web Services later cancelled the related meeting invitation.Amazon previously announced 14,000 corporate job cuts in October.Chief executive Andy Jassy has warned AI may replace white-collar roles.The news followed fresh job cut plans at United Parcel Service.

Scientists launched DinoTracker, an AI app that identifies dinosaur footprints with about 90% expert-level accuracy.Researchers trained the system using 2,000 unlabelled footprint silhouettes to avoid human classification errors.The AI compares eight shape features, including toe spread, heel position, and ground contact.The team published the study in Proceedings of the National Academy of Sciences.Researchers from University of Edinburgh and Helmholtz-Zentrum developed the tool.The system supports earlier findings that some ancient tracks appear birdlike.Scientists caution the tracks likely came from birdlike dinosaurs, not true birds.

A major trial over alleged social media addiction begins Tuesday in California. Senior executives from top technology firms are expected to testify. The outcome could reshape legal responsibility for digital platforms. The plaintiff is a 19-year-old woman identified as KGM. She claims platform algorithms caused addiction and harmed her mental health. She says design choices encouraged compulsive use during her teenage years. The defendants include Meta, owner of Instagram and Facebook, TikTok owner ByteDance, and YouTube parent Google. Snapchat reached a settlement with the plaintiff last week. The remaining companies now face court. The trial will take place at Los…