Latest News
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The Raspberry Pi project in the UK says that memory issues will make its 2026 forecast uncertain
Raspberry Pi, a single-board computer manufacturer, announced that its core earnings for 2025 would be above expectations, after it shipped 4 million units during the second half. However, its outlook for 2026 was clouded due to volatility in supply and memory prices. The British company stated that it expects core earnings in 2025 to be no less than $45 millions, an increase of more than 20% over 2024. It said that, looking?towards, the cost of LPDDR4, which is a type of memory used in devices has increased rapidly in recent?months, and some of the?major suppliers are now indicating a limitation of supply for?high density?. The report stated that?the trend was largely driven by memory vendors who diverted capacity to meet the surge of AI data centres investment. It said that there was "significant uncertainty" about the timing of a return to more normal DRAM prices and availability. Eben Upton said that the company's supply-chain discipline enabled it to meet growing customer demand despite a difficult memory supply environment. He said: "We enter the year 2026 with substantial inventory buffers and long-standing and growing OEM industrial relationships that typically account for 70% or?our demand. We also have a number initiatives to optimize the performance of our company in the short- and medium-term."
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CANADA-CRUDE-Discount on Western Canada Select narrows
On Monday, the discount between West Texas Intermediate and North American benchmark Western Canada Select?futures was reduced. WCS for February deliveries in Hardisty, Alberta settled at $14.35 per barrel below the U.S. benchmark WTI according to brokerage CalRock. This compares with $14.80 per barrel on Friday. Since the capture by the U.S. of Venezuelan President Nicolas Maduro, the discount on 2026 WCS barrels at Hardisty's forward curve has increased more than $2 per barrel. The market is looking for potential increases in Venezuelan barrels that could compete with Canadian heavy oil of similar quality in the U.S. Gulf Coast in the long term. Some analysts believe the market has overreacted because it will be years before Venezuela's oil production reaches current levels. TD 'Cowen stated that Canada had other factors in its favor which could help 'prop up WCS Prices if they are under pressure. These include low oil inventories within the province of Alberta and a depleted U.S. Strategic Petroleum Reserve. Oil prices rose and?settled on Monday at seven-week-highs amid fears that Iran's oil exports may decline as the sanctioned OPEC country cracks down against anti-government protests. (Reporting and editing by Sahal Muhammad in Calgary, Amanda Stephenson is based in Calgary)
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US safety board will determine the cause of deadly Washington air crash that killed 67
The?U.S. The National Transportation Safety Board is holding a hearing on Jan. 27 to determine the probable cause of a deadly collision that occurred between a U.S. Army chopper and an American Airlines regional plane in January 2025, which killed 67 people. The Justice Department announced last month that the federal government is responsible for the accident. The Army Black Hawk helicopter involved in the crash was flying above maximum altitude ?levels at the time and was not using ADS-B, or automatic dependent surveillance-broadcast, an advanced surveillance technology that ?transmits an aircraft's location. The accident over the Potomac River, near Ronald Reagan Washington National Airport, was the "deadliest U.S. aviation disaster" in the past 20 years. It sparked calls to reform aviation safety. In March, the NTSB reported that there have been 15,200 incidents of air separation near Reagan Airport between helicopters and commercial planes since 2021. This includes 85 close calls. Sean Duffy, Transportation Secretary and members of both parties in Congress, have asked why the Federal Aviation Administration has not acted for years on close calls between military helicopters and commercial airplanes near Washington Reagan National Airport. In March, the FAA banned helicopter flights near Ronald Reagan Washington National Airport after the NTSB stated that their presence was "intolerable". After a near-miss that caused two civilian planes aborted landings, the agency?banned the Army from helicopter flight around the Pentagon. Jennifer Homendy, Chair of the NTSB, criticized U.S. officials during a three-day investigation into the crash that occurred last year for not acting on warnings issued by air traffic control personnel. The FAA's air traffic working group urged the FAA to move helicopter traffic from Reagan Airport and establish airborne "hot spots" but this was rejected as it was considered "too politically charged". The U.S. Senate passed a bill last month that aims to tighten the rules for military helicopter safety and requires aircraft operators to equip their fleets by 2031 with ADS-B. In April, the FAA announced that government helicopters must use ADS-B near Reagan National Airport except for "active missions of national security."
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State Department: Trump administration has revoked more than 100,000 visas
U.S. State Department announced on Monday that it had revoked over 100,000 visas in the year since Donald?Trump assumed office. It said this was a "new record" as his administration continues to pursue its hardline immigration policy. The extent of the revocations is a reflection of the immigration crackdown that began when Trump returned to his White House in 2017, deporting a record number migrants, including those who had valid visas. The administration also has a stricter visa policy, including a tightened?social-media vetting process and expanded screening. The State Department has now revoked more than 100,000 visas. This includes 8,000 student visas as well as 2,500 visas for people who have been in contact with U.S. Law Enforcement for criminal activity. The State Department said that it would continue to deport criminals to protect America. Tommy Pigott, deputy spokesperson for the State Department, said that overstays were followed by driving under the influence of alcohol, assault and theft. He said that the revocations were up 150% from 2024. Pigott added that the State Department also has a Continuous Vetting Center to ensure "that all foreign nationals in America comply with our laws and that visas for those who are a threat to American Citizens are quickly revoked." The State Department announced in November that it has revoked 80,000 nonimmigrant visas since Trump's January 20, 2025 inauguration for crimes ranging from DUI to assault and theft. The State Department has issued directives this year ordering U.S. diplomatic missions abroad to be vigilant in preventing?any applicants who Washington might view as hostile towards the United States. And who have a background of political activism. Officials in the Trump administration have stated that students with visas and "lawful permanent residents" with "green cards", who support Palestinians and criticize Israel's behavior in Gaza war, are at risk of deportation. They call their actions a danger to U.S. Foreign Policy and accuse them of being pro Hamas. (Reporting and editing by Paul Simao; Daphne Psaledakis)
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Somalia terminates port agreements and security cooperation with UAE
The Somalia government announced on Monday that it was 'annulling' all agreements with United Arab Emirates. This includes?port deals, defence and security collaboration, and'security and defence cooperation. It accused the UAE of undermining the national sovereignty. The Council of Ministers of Somalia said that the decision was based on "credible reports" and "convincing evidence" of hostile acts undermining the national sovereignty, territorial integrity, and political independence of Somalia. In a press release, it was stated that the decision "applies?to?all agreements and partnerships relating?to the ports of Berbera?and Bosaso?and Kismayo... and] bilateral security and defense cooperation agreements." The?UAE foreign ministry didn't immediately respond to a comment request. Last week, the Horn of Africa nation?launched a probe after the Saudi-led coalition in Yemen claimed that the?UAE spirited away a separatist from Yemen via Somalia. Somalia stated at the time, that if this allegation was proven true, it would be a serious breach of its sovereignty. The UAE also has deep economic and security ties with Somalia’s breakaway region, Somaliland. The centerpiece of this strategy is a 442 million dollar investment from Dubai-based DP World in order to develop and run the Port of Berbera in Somaliland. DP World declined comment on Somalia’s statement. According to an Axios article citing Israeli officials, Israel was the first country to recognize Somaliland as independent last month. Abu Dhabi facilitated this diplomatic breakthrough. Somalia's Council of Ministers stated that it remains open to a cooperation "based on the recognition of Somalia’s unity".
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Airbus jetliner deliveries rose 4% in 2025
Airbus delivered 793?planes last year, a 4% increase, and is on track to remain the largest?planemaker in the world despite recent industrial snags. Airbus has warned that it is facing a "continued dynamic and complex operating environment", as its deliveries are edging beyond the revised goal of 790 jets. This was lowered last month from 820 due to an issue with a Spanish supplier of fuselage parts. Airbus reported that it won 1,000 'gross orders' last year or 889 net orders after cancellations, both of which are higher than 2024. Boeing is set to release its own full year data on Tuesday. Between January and November, it delivered?537 aircraft and received 1,000 gross orders, or 908 after cancellations. Rob Morris, aviation analyst, said: "It is true that the supply chain has challenges. However, I believe Airbus would argue that they could have met the (original) guidance for 2025 if it weren't for the relatively recent new quality issue." But that shows a complex supply chain they're not on top of. Airbus announced that it has delivered 607 A320 family?jets. This is an increase of 1%. Recent engine delays and other snags have hit these aircraft hard. The A330 led the way in wide-body deliveries, but the A350's - which were hit by a separate issue with the delivery of a critical fuselage section during the year - saw a flat number at 57. The A220 is the smallest Airbus aircraft model. Deliveries increased by 24%, to 93 aircraft.
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Russian drones hit two foreign vessels near Ukrainian port
Oleksiy Kuleba, Ukraine's deputy prime minister, said that Russian drones attacked two foreign-flagged ships on Monday. This was the second attack on Black Sea shipping in four days. Kuleba stated that the vessels were flying the flags of Panama and San Marino. He also said one person was injured. He added that the San Marino flagged vessel had just been loaded with corn and was on its way to Panama to pick up vegetable oil. Kuleba posted on Telegram that "this is further proof that Russia is deliberately targeting civilian vessels, international commerce, and maritime security." Sources familiar with the situation say the attacks occurred near the port of Chornomorsk in the southern Odesa region. The person who spoke to us said that one of the ships was headed for Italy. Odesa is home to Black Sea ports which are vital for Ukraine's trade with the rest of the world and its survival during wartime. (Reporting and writing by Yuliia Dyesa, editing by Tomasz Jánowski and Sharon Singleton).
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Venture Global lowers its profit forecast for 2025 due to volatile LNG prices and transport problems
Venture Global, a U.S.-based LNG company, lowered its 2025 full-year?core?profit forecast Monday. This was below Wall Street's expectations due to price volatility and shipping restrictions. Venture Global said that changes in Henry Hub and International LNG prices as well as the limited availability of vessels in the Atlantic basin affected volume and pricing. The second-largest American LNG exporter is now forecasting a core profit between $6,18 billion and $6.24?billion in 2025. This is down from the previous estimate of $6.35?billion to $6.50 billion. In mid-morning trade, shares fell by approximately 3% to just under $7. According to data compiled LSEG, analysts expected a core profit of $6.36 Billion for the?year. The company reported that it had accelerated'scheduled maintenance' late in the quarter and used its fleets of owned and chartered ships to mitigate the impact of tight shipping markets. LNG firm says forward prices for vessels in February or March have improved from the year-end 2025 levels. Venture Global shipped 128 cargoes during the fourth quarter 2025. Of these, 38 were from its Calcasieu Pass facility and 90 from its Plaquemines location. The liquefaction fee at Venture Global’s Plaquemines facility, where it sells its LNG at the spot market and all of it, was much higher than the liquefaction fee at the Calcasieu Pass facility, where a long-term contract is signed with customers such as Shell and BP. In its Monday filing, Plaquemines reported that the weighted average fixed fee for liquefaction at the fourth quarter of 2025 would be $6.02 per mbtu. This is almost three times higher than the $2.01 a mbtu charged by Calcasieu Pass. Venture Global has seen its share price fall by more than 70% in the past year since it went public. It also faces numerous arbitration cases related to delays with previous commissioning. Reporting by Tanay dhumal from Bengaluru, and Curtis Williams from Houston; editing by Krishna Chandra Eluri and Nathan Crooks
What are countries doing to get nationals out of Lebanon?
Western countries are ramping up contingency plans to leave people from Lebanon after a. sharp escalation in the conflict in between Israel and the Lebanese. armed movement Hezbollah, coupled with Iran's rocket attack on. Israel on Tuesday.
No nation has released a large-scale military evacuation. yet, though some are chartering aircraft as Beirut airport stays. open. Strategies to leave to Cyprus by sea will allow movement of. larger groups.
Here are details on contingency planning:
AUSTRALIA
Its contingency plans might consist of evacuation by sea,. though authorities have urged an estimated 15,000 residents in. Lebanon to leave while Beirut airport stays open.
BELGIUM
Belgium's foreign ministry has actually advised citizens to leave as. soon as possible, the Belga news company stated.
CHINA
More than 200 Chinese people have actually been securely left by. the federal government, China's main Xinhua news company stated.
CANADA
Report from Canada suggest it will co-operate with. Australia in leaving nationals by sea. The strategy involves. contracting a commercial vessel to shuttle out 1,000 people a day,. the Toronto Star newspaper stated.
CYPRUS
The European Union member state closest to the Middle East. is a likely hub for evacuations, having processed about 60,000. people getting away the Hezbollah-Israel war in 2006. Neighbouring. Turkey has used centers too.
Cyprus has actually asked Greece to offer an aircraft that could be. used to leave its nationals who wish to leave. There are an. approximated 1,500 Cypriots in Lebanon.
FRANCE
France has not issued an evacuation order, despite having. had prepare for numerous months. Present contingency strategies centre. on Cyprus and Beirut airport, while it is also discussing. evacuations by means of Turkey. France has a warship in the region,. while a French helicopter carrier will arrive in the eastern. Mediterranean in the coming days and take up position in case a. decision is required to leave foreign nationals from Lebanon.
GERMANY
Germany has left non-essential staff, households of. embassy workers and German nationals who are medically. susceptible from Lebanon and will support others attempting to leave,. the foreign and defence ministries stated in a joint statement on. Monday.
GREECE
The Greek foreign ministry has actually prompted its citizens to leave. Lebanon and prevent any travel there, with a frigate on standby in. case help is needed.
ITALY
Italy has cut diplomatic personnel and beefed up security. workers at its Beirut embassy. Foreign Minister Antonio Tajani. has actually repeatedly prompted nationals to leave the country and sought. guarantees from Israel over the security of Italian peacekeepers. in the location.
THE NETHERLANDS
The Netherlands will send out a military plane to repatriate. nationals from Lebanon with two flights on Oct 4 and 5, the. Dutch Ministry of Defence said on Wednesday. The flights to the. military airbase in Eindhoven will likewise be offered for individuals. from other nations if there suffices room to accommodate. them, it said.
POLAND
Poland will limit staff numbers at its Beirut embassy, a. foreign ministry representative said on Tuesday, adding that. Warsaw would organise transportation for people wishing to leave. Lebanon.
PORTUGAL
Prime Minister Luis Montenegro has advised against travel to. Lebanon, which helped in the evacuation of a little number of. Portuguese residents living there.
SPAIN. Spain prepares to send out two military aircraft to evacuate as numerous. as 350 people from Lebanon as early as Thursday.
TURKEY
Turkey is prepared for a possible evacuation of Turks from. Lebanon by means of air and sea, and is working with about 20 countries. for a possible evacuation of foreign nationals through Turkey. About. 14,000 Turkish people were registered at the consulate in. Lebanon, however the number was not conclusive.
UNITED KINGDOM
Britain has prompted nationals to leave instantly. It has. moved about 700 soldiers to Cyprus, reinforcing its military. assets, including two Royal Navy ships. It likewise has 2 military. bases on the island. Britain has chartered a flight to assist meet. any additional demand from Britons wanting to leave on. Wednesday, and will fly them straight back to London.
UNITED STATES
The United States has bought lots of soldiers released to. Cyprus to help get ready for situations such as an evacuation of. Americans from Lebanon. It is working with airlines to include. flights out of Lebanon, with more seats for Americans, the State. Department said on Tuesday.
(source: Reuters)