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DeepSeek could hit $45B valuation from its first investment round
DeepSeek is in talks to raise its first round of venture capital and, in just a few weeks, its potential valuation has soared from $20 billion to $45 billion, the Financial Times and Bloomberg reported. The Chinese AI lab came to prominence in early 2025 after launching a large language model that trained on a fraction of the compute power and at a fraction of the cost of the big U.S. models like those from OpenAI and Anthropic. It has since kept reasonable pace with the top models in the world...
Norway reopens three North Sea gas fields to power millions of homes while UK stalls
Norway plans to revive three mothballed North Sea gas fields as demand in Europe soars. As the UK stalls on developing its side of the basin, with new licences banned and work on two fields frozen because of climate challenges, the Norwegian fields will be opened for the first time in 30 years. They are believed to contain enough fuel to heat millions of homes and the country says it is vital for European energy security. The gas will be sent by pipeline to Germany with light oil sent to the UK....
Former JP Morgan banker who sued his female boss over claims she made him office sex slave 'turned down enormous sum to settle case'
Former JP Morgan banker who sued his female boss over claims she made him office sex slave 'turned down enormous sum to settle case'READ MORE: Glamorous JP Morgan exec accused of turning male broker into sex slaveBy WILL POTTER, US SENIOR NEWS REPORTER Published: 18:14, 6 May 2026 | Updated: 18:15, 6 May 2026 e-mail View comments
Snooker’s ultimate rich list with new champion Wu Yize only just inside wealthiest top 50
New world champion Wu Yize ranks far behind some of snooker's other top names
EFL referees win tax battle against HMRC that lasted over a decade
EFL referees have won a tax battle against HM Revenue & Customs after a lengthy legal battle that has lasted a full decade.A tribunal has handed down a major ruling confirming that English football referees working in League One, League Two and further down the pyramid are self-employed, not employees.HMRC had been chasing Professional Game Match Officials Limited (PGMOL) for £584,000, claiming unpaid taxes on matches officiated between 2014 and 2016.The tax authority said these referees should...
Russophobic position leads EU, UK to serious agricultural crisis
Russian Presidential Envoy Kirill Dmitriev said the US is wise to significantly increase its purchases of Russian fertilizer to the highest level in history
Sales of electronic rail tickets in Russia could grow by at least 75% by 2030 — ministry
Regions will be able to plan transportation parameters for periods ranging from 3 to 15 years
Moment homeless killer leads ex-Claridge's chef to abandoned building before murdering him for his bank card to buy booze and scratch cards
Adam Rowson, 26, subjected Alexis De Naray, 45, to a 'brutal and sustained' attack in the empty building.
Gazprom Neft in talks on NIS stake sale with MOL only
According to the company, the required corporate and regulatory procedures are being implemented now
India, Vietnam elevate strategic ties, set $25 billion trade target by 2030
India and Vietnam have agreed to elevate their relationship to an Enhanced Comprehensive Strategic Partnership, setting an ambitious trade target of $25 billion by 2030. The pact includes expanded cooperation in defense, technology, and digital services, alongside efforts to boost agricultural trade and supply chain resilience.
Oil Slides On Iran Deal Hopes | Open Interest 5/6/2026
Brent crude slips below $100 as markets bet on a possible US, Iran breakthrough. Tech stocks rally on AMD’s blockbuster earnings and AI-fueled dealmaking. And with gas near $4.50 a gallon, we’ll ask the CEOs of SharkNinja, Cummins, and Pitney Bowes how rising energy costs are hitting consumers, business investment, and the broader economy. (Source: Bloomberg)
Minnesota church spent $2 million on luxury cruises and designer purchases, prosecutors say
NewsWorldAmericasMinnesota church spent $2 million on luxury cruises and designer purchases, prosecutors sayProsecutors allege that 91 percent of the transactions in one of the church’s bank accounts had no identified nonprofit purposeOwen Scott Wednesday 06 May 2026 17:39 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},...
Forbes And HarrisX Partner On New American Confidence Survey As Gallup Ends Approval Polling
Forbes, in partnership with HarrisX, launches The American Confidence Survey, debuting its inaugural findings on economic confidence, the American Dream, and the approval ratings of President Trump and billionaires, among other key professions and groups.
401(k) loan vs. debt relief: Which is better for getting rid of credit card debt now?
MoneyWatch: Managing Your Money 401(k) loan vs. debt relief: Which is better for getting rid of credit card debt now? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNew...
$15,000 CD vs. $15,000 high-yield savings account vs. $15,000 money market account: Here's which is most profitable now
MoneyWatch: Managing Your Money $15,000 CD vs. $15,000 high-yield savings account vs. $15,000 money market account: Here's which is most profitable now We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing edit...
Nationwide Building Society customers may be eligible for free £860
Nationwide Building Society has launched a new range of higher ISA rates, with savers able to earn up to 4.6 per cent on their tax‑free savings. The updated products, confirmed on May 6, include a series of fixed‑rate cash ISAs offering some of the most competitive returns currently available.The building society now offers four fixed‑rate options. The one‑year fixed cash ISA pays 4.5 per cent AER, rising to 4.55 per cent for the two‑year version. TRENDING Stories Videos Your Say Both the t...
Argentina Fights to Save Huge Soy Exports After Dutch Rejections
Argentina is scrambling to keep its soy cargoes flowing to Europe after an unapproved genetically modified strain was detected in shipments, raising the risk of widespread rejections of the country’s most valuable export.
New York real estate titan likens the phrase ‘tax the rich’ to racial slurs
Steve Roth was responding to the announcement by New York’s mayor of tax on second homes worth more than $5mSign up for the Breaking News US newsletter email The phrase “tax the rich” can be “just as hateful as some disgusting racial slurs”, according to New York City billionaire Steve Roth, who said that the top 1% should be “praised and thanked”.Speaking on his company’s quarterly earnings call on Tuesday, Roth, the CEO of Vornado Realty Trust, expressed his support for fellow billionaire and...
Lower-income Americans hit hardest by gas price spike, widening inequalities
Lower-income Americans sharply reduced their gas consumption in the month following the Iran war, yet spiking prices still forced them to spend more at the pump, worsening the economy’s disparities, new research released Wednesday showed
Strait of Hormuz technically open, but not operating: National shipowners' body head
Commercial shipping through the Strait of Hormuz faces immense risks despite remaining technically open, with Indian vessels experiencing significant disruptions and safety concerns. Seafarers exhibit hesitation due to past incidents, impacting normal traffic flow and leading to increased operational costs for shipowners.