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A cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao City, Shandong Province, China on July 28, 2025.CFOTO | Future Publishing | Getty ImagesGlobal trade is not broken, despite the disruption, pressure and shock of trade tariffs introduced by the U.S. this year, the head of the World Trade Organization (WTO) told CNBC Tuesday.”Many people have the impression that, because of the unilateral actions of the U.S., that global trade is broken. Yes [they’ve] been a great disruption — the greatest disruption of global trade in 80 years — but we are pleased to see…

Microsoft co-founder Bill Gates, who wrote a book in 2021 titled, “How to Avoid a Climate Disaster,” now says leaders need to shift their approach to climate change.In a letter published Tuesday ahead of next week’s COP30 U.N. climate summit, Gates argued that too many resources are focused on emissions and the environment, and that more money should go toward “improving lives” and curbing disease and poverty.”Climate is super important but has to be considered in terms of overall human welfare,” Gates told CNBC’s Andrew Ross Sorkin in an exclusive interview. “I didn’t pick that position because everybody agrees with…

Liverpool are spiralling. What was initially a blip has morphed into a full blown crisis.Arne Slot’s side have now lost as many Premier League games this season as they did in the entirety of their title-winning campaign (four). So, what has caused such a dramatic drop-off? Long-ball catastropheSlot has already admitted Liverpool cannot cope with a long-ball strategy, so you can guess what tactic Keith Andrews employed during Saturday’s 3-2 success. Brentford peppered their visitors with 64 direct passes. Virgil van Dijk and Ibrahima Konate spent more time running towards their own goal than doing much else. Datawrapper This content…

The Grok AI logo is seen displayed on a smartphone with the Wikipedia logo in the background. Sopa Images | Lightrocket | Getty ImagesElon Musk launched an early version of an AI-powered encyclopedia called ‘Grokipedia’ on Monday, with its website temporarily crashing before coming back online hours later. The new AI service, named after xAI’s large language model Grok, has been promoted by Musk as an improved and less biased version of the popular free and web-based Wikipedia. The Tesla and SpaceX CEO announced last month that he was working on a Wikipedia rival after a suggestion from David Sacks, a fellow…

Amazon said Tuesday that it will lay off about 14,000 corporate employees, marking the latest cuts in the company’s multiyear effort to rein in costs.In a blog post, the company wrote that the layoffs are being carried out to help make the company leaner and less bureaucratic, while it looks to invest in “our biggest bets” including generative artificial intelligence.”This generation of AI is the most transformative technology we’ve seen since the Internet, and it’s enabling companies to innovate much faster than ever before (in existing market segments and altogether new ones),” Beth Galetti, senior vice president of people experience…

Sopa Images | Lightrocket | Getty ImagesPayPal has signed a deal with OpenAI to have its digital wallet embedded into ChatGPT so users can pay for items found through the leading consumer AI tool, the company told CNBC exclusively.Shares of the company jumped 8% on the news.The agreement, sealed over the weekend, means that starting next year, both sides of PayPal’s ecosystem can plug into ChatGPT: PayPal users can purchase items through the AI platform, and its merchants can sell on it, with their inventory listed there, according to PayPal CEO Alex Chriss.”We’ve got hundreds of millions of loyal PayPal…

Oct 28, 2025, 06:09 AM ETDespite finishing second in the Ballon D’Or rankings this year, Mariona Caldentey has been left off the shortlist for 2025 FIFPRO Women’s World 11.Caldentey’s omission from the shortlist, which is voted for exclusively by players, is glaring considering her exploits last season.She scored nine goals and registered two assists to lead Arsenal to Women’s Champions League glory in her debut season at the club. Her 14 goal contributions in the Women’s Super League (WSL) saw her win the WSL Player of the Year Award.Meanwhile, four of Caldentay’s Arsenal teammates — Leah Williamson, Chloe Kelly, Alessia…

KUWAIT: Kuwait Fire Force (KFF) conducted an inspection campaign on Tuesday in Al-Mahboula to identify buildings and establishments violating fire safety and prevention regulations. Director of Public Relations and Media at KFF, Brigadier Mohammad Al-Ghareeb, told KUNA that the campaign was conducted in cooperation with the Ministry of Interior and Kuwait Municipality, with the participation of more than 300 personnel. Director of Public Relations and Media at KFF, Brigadier Mohammad Al-Ghareeb He said inspection teams surveyed the area to detect violating facilities, issuing citations and ordering the immediate closure of sites posing risks to public safety. Al-Ghareeb added that the campaign…

After seeing off Southampton in September, the Reds host Crystal Palace in round four on Wednesday night at Anfield.Winners in 2022 and 2024 before being beaten in last season’s final, Arne Slot’s side will be aiming to move a step closer to another special occasion at Wembley.With Giorgi Mamardashvili currently first choice between the posts due to Alisson Becker being sidelined by injury, the tie could present summer arrival Woodman the opportunity to make his competitive debut for the club.In an interview for the official matchday programme, the No.28 says: “Any time I get to pull on the jersey for…

KUWAIT: In a move reaffirming its commitment to youth development and education, the Petrochemical Industries Company (PIC) has announced the launch of the “PIC Future Leaders Academy,” one of its flagship corporate social responsibility (CSR) initiatives.The program aims to equip young people with the skills, knowledge, and leadership qualities needed to become the innovators and decision-makers of tomorrow.It builds on PIC’s long-standing legacy of community engagement and sustainable development, reflecting the company’s dedication to investing in Kuwait’s human capital.The inaugural edition of the Academy targets students from Kuwait Technical College (KTech), Kuwait University, and the Gulf University for Science and…