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Europe’s banks take center stage this week as earnings season gets underway, but with heavy losses across the sector on Friday, credit concerns appear to be making their way across the Atlantic at a particularly tricky time for the region’s lenders.Stock Chart IconStock chart iconCredit concerns hit European banksLast week, the biggest names in American finance battled it out to make the most alarming quote of the week. The contenders: JPMorgan CEO Jamie Dimon, Citi Group CEO Jane Fraser and Apollo boss Marc Rowan.Dimon started the week with a stark warning about the private credit market, saying “when you see…
More companies are announcing AI-driven layoffs from Salesforce to Accenture.Twenty20From tech to airlines, large global companies have been slashing staff as the real-world impact of artificial intelligence plays out, spooking employees. But critics say AI has become an easy excuse for firms looking to downsize.Last month, tech consultancy firm Accenture announced a restructuring plan that includes quick exits for workers that aren’t first able to reskill on AI. Days later, Lufthansa said it was going to eliminate 4,000 jobs by 2030 as it leans on AI to increase efficiency.Salesforce also laid off 4,000 customer support roles in September, saying that…
ISLAMABAD (AP) — Afghanistan and Pakistan, embroiled in fighting that has killed dozens of people and injured hundreds, pledged on Sunday to respect a ceasefire.The truce, mediated by Qatar and Turkey, came into effect immediately and is intended to pause hostilities.Violence has escalated between the neighbors since earlier this month, with each country saying they were responding to aggression from the other. Afghanistan denies harboring militants who carry out attacks in border areas.Pakistan is grappling with militancy that has surged since 2021, when the Taliban seized control of Afghanistan and returned to power.The Taliban government’s chief spokesman, Zabihullah Mujahid, gave…
DEIR AL-BALAH, Gaza Strip (AP) — Amid the joy of being released after 20 months of suffering in Israeli prisons, Mohammed Abu Moussa could tell something was wrong.Descending from the bus that brought him and other released Palestinian detainees to Gaza last week, the 45-year-old medical technician was reunited with his wife and two young children. But when he asked about his mother, his brother wouldn’t look him the eye.Finally they sat him down and told him: His mother, his younger sister Aya, Aya’s children and his aunt and uncle had all been killed by an Israeli airstrike that hit…
NITEROI, Brazil (AP) — Performers twisted and twirled above the sand on a beach across the bay from Rio de Janeiro in an aerial circus show that sought to draw attention to the widespread problem of violence against women in Brazil. Six women and two men performed the piece titled “Alone we are petals, together we are roses” for the first time on Saturday in Niteroi city with Rio’s famed landmarks — the Christ the Redeemer statue and Sugarloaf Mountain — in the background.At the beginning, a woman in a pink bodysuit and with an attitude struts around on stilts.…
Inter Miami captain Lionel Messi struck a hat trick on the final day of MLS’ regular season Saturday to all but clinch the 2025 MLS Golden Boot award.Messi’s three goals, along with an assist, helped Miami to a 5-2 win at Nashville SC and took the Argentina forward to 29 goals in just 28 regular-season matches.The eight-time Ballon d’Or winner is now almost certain to finish as MLS’ top scorer for the first time since joining Inter Miami in July 2023.- Messi tracker: All goals, assists, key momentsHis nearest challenger, LAFC’s Denis Bouanga, is five goals back and would need…
LA PAZ, Bolivia (AP) — Bolivia holds a runoff presidential election on Sunday, and the race is in a dead heat as voters decide which conservative and capitalist candidate can better address the country’s economic crisis, after almost two decades of rule by the Movement Toward Socialism party. Since 2023, the Andean nation has been crippled by a shortage of U.S. dollars that has locked Bolivians out of their own savings and hampered imports. The value of a boliviano on the black market is half the official exchange rate. Year-on-year inflation soared to 23% last month, the highest rate since…
NEW YORK (AP) — The powerful gods of ancient Egypt are having a get-together on Manhattan’s Upper East Side.That would be at the Metropolitan Museum of Art. It’s been more than a decade since the museum’s last big Egypt show, so “Divine Egypt” — a lavish exploration of how ancient Egyptians depicted their gods — is a major event, as evidenced by the crowds packing the show since its Oct. 12 opening.After all, few things excite the museum-going public like ancient Egypt, notes Diana Craig Patch, the Met’s curator of Egyptian art.“It’s the first ancient culture that you learn in…
The top stories and transfer rumours from Sunday’s newspapers…PREMIER LEAGUE Marco Silva’s release clause at Fulham is believed to be £8 million as he emerges as a potential candidate for the vacant Nottingham Forest job – The Guardian.Real Madrid have identified Premier League duo Marc Guehi and Ibrahima Konate as their top defensive free agent targets, along with Bayern Munich’s Dayot Upamecano – talkSPORT. Please use Chrome browser for a more accessible video player Sky Sports News’ James Green provides the latest update on Marc Guehi’s future after Oliver Glasner confirmed he will not sign a new contract and will…
Oct 18, 2025, 05:45 PM ETMason Greenwood scored a career-high four goals as Marseille routed 10-man Le Havre 6-2 and leapfrogged bitter rivals Paris Saint-Germain at the top of the Ligue 1 standings on Saturday.The former Manchester United forward, who made a permanent transfer to Marseille in the 2024 summer, was unstoppable and guided his team to a fifth straight win.After eight rounds, Marseille were one point above PSG, who were held to a home draw with Strasbourg on Friday.Marseille were raining goals — 21 in eight matches — and finding defensive stability under coach Roberto De Zerbi.”It was the…