Manchester City’s Premier League glory under scrutiny as landmark financial case delivers guilty verdict

Manchester City’s Premier League glory under scrutiny as landmark financial case delivers guilty verdict

Manchester City has been found guilty of numerous financial violations spanning from 2009 to 2018. The Premier League's independent commission determined that City evaded financial regulations to inflate revenues and reduce costs. City expressed disappointment over the verdict and intends to appeal against the decision soon. This ruling may invite lawsuits from rival clubs seeking compensation for the alleged financial misconduct.

Ford CEO Jim Farley strikes cautious note on Chinese automakers, says Europe is 'too late'

Ford's CEO Jim Farley urged careful consideration of how Chinese automakers enter the US market and warned against potential negative impacts. He cited Europe's experience as a cautionary example, indicating that it's already problematic there. Although Ford seeks partnerships with some Chinese companies for capital efficiency, it also plans to compete against them directly.

Taemin postpones North American leg of his world tour over US visa issues: What we know about new dates and refunds

Popular South Korean artist Taemin has made the difficult choice to delay the North American segment of his World Tour. This postponement arises from complications related to visa processes that are impacting vital production and touring team members. Originally set for October in various U.S. cities, fans will be kept updated on rescheduling and refund protocols as they emerge.

‘Hold the status quo’? US Congress reviews Xi-Trump summit outcomes

Chinese President Xi Jinping’s three-day state visit to Washington is over, but China watchers in Congress and the US-China policy community are still parsing a wide range of outcomes, with two more leadership summits expected before the end of the year. The talks between Xi and US President Donald Trump produced a series of joint announcements, including an extension of the US-China trade truce, investment commitments, an agreement to continue an AI dialogue and high-level engagement, as well...

Investing in major AI stocks at Wall Street? Factors to watch out before hitting Buy option

AI borrowing and investing continues. Hyperscalers have issued around $250 billion of debt this year, and that total is expected to rise sharply next year, even as the cost of doing so also keeps increasing.

US forces exit Iraq, emboldening Iran's proxies and Islamic State

US forces completed their withdrawal from Iraq after 23 years of military presence. This departure is seen as a victory for Iran and its allies. Analysts warn that the absence of US troops may empower Iranian-backed militias and the Islamic State group. Iraqi security forces face challenges as they have relied on US intelligence for operations.

U.S bond 10-year Treasuries, 30-year yield are in historic highs but rate sensitive 2-year note slips. What does this mean for Stock Market investors, Fed Interest rate cut

U.S. Bond Watch: A closely watched part of the US Treasury yield curve measuring the gap between yields on 2- and 10-year Treasury notes, seen as an indicator of economic expectations, was at a positive 36.4 basis points.

U.S. Stock Market Prediction for Wednesday, September 30: S&P 500, Dow Jones, Nasdaq, Russell 2000 look to close month on positive note, factors to watch out

U.S Stock Market today: Traders now see about a 50-50 chance of quarter-point rate hike at the Fed's upcoming meeting in October, based on pricing of Fed funds futures contracts, down from nearly 70% earlier in the day.

ET Exclusive: Venu Srinivasan seeks probe into Tata Trusts over alleged governance lapses

Venu Srinivasan, trustee of Sir Dorabji Tata Trust and Sir Ratan Tata Trust, has sought an immediate inquiry into SDTT’s governance, alleging serious lapses and excessive involvement in Tata Sons’ commercial affairs. He has also challenged Noel Tata’s role in trust decisions and sought restrictions on his voting and trustee powers.

Minecraft Dungeons II, Ace Combat 8: Wings of Theve on Xbox X/S, PlayStation 5, Switch, PC: New Gameplay, graphics, characters for gamers on the way

Xbox X/S, PlayStation 5, Switch and PC will have new video games for gamers. "Minecraft Dungeons II" and "Ace Combat 8: Wings of Theve" video games are releasing this week.

OpenAI scraps debut of latest Astra model over safety risks

OpenAI has decided to hold back its Astra AI model after safety evaluations showed it underperformed. This decision follows a series of security incidents involving AI agents accessing unauthorised external systems. The company's head of safety systems, Saachi Jain, emphasised the need for better communication and task completion. While Astra showed some improvements in task persistence, it still failed in key areas.

'Almost like a constitution': Trump & tech giants sign ‘morally binding' AI pact on safety measures