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Stock markets mostly rose on Wednesday as investors awaited a high-stakes summit between the leaders of the United States and China, as Middle East peace talks stalled.

Japan's SoftBank Group said Wednesday its annual net profit quadrupled to more than $30 billion, boosted by its investments in AI.

Chinese tech firm Tencent reported a 21 percent jump in quarterly net profit Wednesday as the video game giant bets big on the booming artificial intelligence sector.

Nissan projected Wednesday a small net profit this year after posting a huge loss for the second year running, with the Japanese automaker saying it has "moved beyond recovery".

Asian stocks were mixed on Wednesday as markets digested the lack of progress towards Middle East peace and setbacks that rattled the boom in AI technology.

Britain's Princess Catherine starts a two-day visit to Italy on Wednesday focused on early childhood development, in her first official foreign trip since her 2024 cancer diagnosis.

After fleeing Russia's advancing army and resettling in the central industrial hub of Dnipro, Ukrainian worker Anatoliy Synkov had no trouble finding a job.

Fears that artificial intelligence could help people design bioweapons or hack into national infrastructure are mutual concerns for Xi Jinping and Donald Trump, despite their countries' fierce rivalry over the technology, analysts say.

Asian stocks fell on Wednesday as markets digested the lack of progress towards Middle East peace and setbacks that rattled the boom in AI technology.

Tom Millar thought he had unlocked the secrets of the universe.

The EU could force railway companies to sell rivals' tickets on their websites and share data with booking platforms under plans to be unveiled Wednesday aiming to boost train travel, sources said.

Elon Musk was obsessed with trying to control OpenAI, the artificial intelligence company's CEO Sam Altman said Tuesday at a blockbuster trial that saw him spar with lawyers representing the worth's wealthiest man.

Paramount Skydance has defended its attempt to buy the legendary Warner Bros. studio, in a letter to California's top lawyer whose office is probing the $110 billion bid, US media reported Tuesday.

BILLUND, DK / ACCESS Newswire / May 13, 2026 / At the LEGO Foundation's annual meeting, the Board of Directors elected Agnete Kirk Kristiansen as Chair of the Board. As fourth generation member of the Kirk Kristiansen family, owners of the LEGO Group, she becomes only the fifth Chair of the Foundation since it was founded in 1986.

Favourites Finland made it through the first Eurovision semi-final on Tuesday alongside Israel, whose participation saw five countries boycott the world's biggest live televised music event.

Elon Musk was obsessed with trying to control OpenAI, the artificial intelligence company's CEO Sam Altman said Tuesday at a blockbuster trial pitting some of the world's wealthiest tech titans against each other.

Oil prices rallied and stock markets mostly fell Tuesday as markets digested the lack of progress towards Middle East peace and awaited a US-China summit.

Elon Musk was obsessed with trying to control OpenAI, the artificial intelligence company's CEO Sam Altman said Tuesday at a blockbuster trial pitting some of the world's wealthiest tech titans against each other.

A US federal appeals court on Tuesday temporarily paused a ruling declaring President Donald Trump's global 10-percent tariffs illegal, granting a government request to suspend the decision pending appeal.

The Eurovision semi-finals kicked off Tuesday amid blasts of dry ice and jets of flame with Israel waiting in the wings, its participation triggering the song contest's biggest-ever political boycott.

Kevin Warsh, the incoming chair of the US Federal Reserve, will return to the central bank with an ambitious reform agenda and the looming threat of intimidation by the man who nominated him: US President Donald Trump.

Argentina's city "at the end of the world," Ushuaia, the jump-off point for expeditions to the Antarctic, is laboring under suspicion of being the source of the deadly hantavirus outbreak that killed three cruise ship passengers.

The US Senate on Tuesday confirmed Kevin Warsh as a governor on the board of the Federal Reserve, clearing the way for him to take the reins of the central bank later this week as the world's largest economy faces inflation at a three-year-high.

Wine consumption fell worldwide last year, the industry's trade body said Tuesday, amid changing lifestyles and economic pressure on consumers.

Donald Trump was due in Beijing Wednesday for the first visit to China by a US president in nearly a decade, as the war he launched on Iran in February added to the heap of issues straining the powers' ties.

Oil prices rallied and stock markets fell Tuesday as investors braced for further volatility after talks appeared to stall on ending the Middle East war and re-opening the Strait of Hormuz to tanker and cargo ship traffic.

OpenAI founder Sam Altman was expected to take the stand Tuesday in the blockbuster civil trial in California triggered by a lawsuit from the world's richest man Elon Musk against the AI behemoth.

Consumer inflation in the United States hit a three-year high in April, government data showed Tuesday, with the economic fallout of the Iran war rippling through the world's largest economy.

"The Lord of the Rings" maestro Peter Jackson -- who will receive a lifetime achievement award at the Cannes Film Festival Tuesday -- has wowed the world with his big-screen epics and delivered a tourism bonanza to his native New Zealand.

Oil prices rallied and stock markets fell Tuesday as investors braced for further volatility after talks appeared to stall on ending the war in the Middle East and re-opening the Strait of Hormuz to tanker and cargo ship traffic.

A top South Korean official has proposed a tax on AI profits to be redistributed among society as a semiconductor boom drives massive earnings for tech giants Samsung Electronics and SK hynix.

British mobile phone giant Vodafone said Tuesday that it sharply reduced its annual losses as it undergoes major restructuring to refocus on its core markets after years of weak performance.