Author: omc_admin
The United States has had internal discussions on using Russian nuclear-powered icebreaker vessels to support the development of gas and LNG projects in Alaska as one of the possible deals to aim for when President Donald Trump meets Vladimir Putin on Friday, three sources familiar with the matter told Reuters.Trump landed in Alaska on Friday for what he called a “high stakes” summit with Russia’s Putin to discuss a ceasefire deal for Ukraine and end the deadliest war in Europe since World War Two. Both the US and Russian presidents, meeting at a Cold War-era air force base in Alaska’s…
Oil markets are set for a muted price reaction when they open on Sunday after US President Donald Trump’s and Russian leader Vladimir Putin’s meeting in Alaska, at which Trump said a fully-fledged peace deal was the aim for Ukraine rather than a ceasefire.Trump said he had agreed with Putin that negotiators should go straight to a peace settlement – not via a ceasefire, as Ukraine and European allies, until now with US support, have been demanding. Trump said he would hold off imposing tariffs on countries such as China for buying Russian oil following his talks with Putin. He…
US President Donald Trump said on Friday he did not immediately need to consider retaliatory tariffs on countries such as China for buying Russian oil but might have to “in two or three weeks.”Trump has threatened sanctions on Moscow and secondary sanctions on countries that buy its oil if no moves are made to end the war in Ukraine. China and India are the top two buyers of Russian oil. The president last week imposed an additional 25 per cent tariff on Indian goods, citing its continued imports of Russian oil.However, Trump has not taken similar action against China.He was…
When Rahul Vaidya noticed his 2019 Volkswagen Vento’s mileage drop from a steady 11-12 kmpl to just 7-8 kmpl, he initially blamed it on traffic. Or maybe it was the age of the car, he thought.Over time, he figured that the response to a dab on the accelerator wasn’t as crisp as it used to be. The ride felt heavier, and the fuel gauge continued to hover near E faster than ever.After months of living with these issues, he finally took his car to the service centre. The diagnosis was swift – his car wasn’t E20-compliant.In case you have been…
TORONTO (AP) — The union representing 10,000 striking Air Canada flight attendants said Sunday it will challenge an order for them to return to work, adding “we remain on strike.” The Canada Industrial Relations Board ordered airline staff back by 2 p.m. Sunday after the government intervened and Air Canada said it planned to resume flights Sunday evening. “We will be challenging this blatantly unconstitutional order,” the CUPE union said in a statement. “We remain on strike. We demand a fair, negotiated contract and to be compensated for all hours worked.”The strike has stranded more than 100,000 travelers around the…
Hurricane Erin was downgraded to a Category 3 hurricane early Sunday as a tropical storm warning was issued for the Turks and Caicos Islands and winds and heavy rains whipped the Virgin Islands and Puerto Rico.Erin, the first Atlantic hurricane of 2025, reached Category 5 status before weakening, with maximum sustained winds of 125 mph (205 kph), according to the National Hurricane Center in Miami. The storm’s center was about 155 miles (245 kilometers) north of San Juan, Puerto Rico and nearly 300 miles (500 kilometers) east of the Grand Turk Island, moving west-northwest at 14 mph (22 kph). A…
BUNER, Pakistan (AP) — Rescue workers in northwestern Pakistan expanded relief operations Sunday after flash floods killed more than 220 people in a single district, officials said.Buner, a mountainous district in Khyber Pakhtunkhwa province, was struck by cloudbursts and torrential monsoon downpours on Friday, triggering flash floods and landslides.An emergency services spokesman in Buner, Mohammad Sohail, said more than half of the damaged roads in the district have been reopened, allowing vehicles and heavy machinery to reach isolated villages.Crews are clearing piles of rocks and mud dumped by the floods. They were using heavy machinery on Sunday to remove the…
From a chart perspective, bulls are eyeing a breakout above both the 200-day and the 50-day moving averages — the latter sitting up at $65.70 — as confirmation that momentum has actually flipped. Getting above $64.06 opens the door for a quick run through the 50% retracement level at $65.38, but if buyers can’t hold that ground, it’ll just invite more selling. Bottom line: this market needs a close above $65.70 to really attract fresh longs. Geopolitics Stir Nerves as Trump-Putin Summit Looms What weighed on crude Friday wasn’t just technical rejection — traders were clearly on edge ahead of…
ChatGPT isn’t a monolith.Since OpenAI first released the buzzy chatbot in 2022, it has rolled out what seems like a new model every few months, using a confusing panoply of names.A number of OpenAI competitors have popular ChatGPT alternatives, like Claude, Gemini, and Grok. But OpenAI’s models are among the most recognizable in the industry and have attracted the most users. Some are good for quantitative tasks, like coding, while others are best for brainstorming new ideas.Here is how ChatGPT has evolved, and how each model OpenAI has released is different.GPT-5In August, OpenAI released what it says is its most…
Chrome is the world’s most popular web browser. But how much longer it belongs to Google is an open question.A court last year ruled that Google had violated antitrust laws by maintaining a monopoly on internet search. A second ruling in April found Google also monopolized open-web digital ad markets.The Justice Department asked a judge to force Google to divest its premier web browser to remedy the case. A court is expected to rule on that by the end of this month.Chrome, a free web browser developed by Google, is an important distribution tool for Google Search and its other…