SOCAR România chief in scandal over alleged affair and tax evasion probe
The head of SOCAR România, Ramil Asadullazade, is under scrutiny after Romanian media published photographs and details of an alleged affair with the...
Microsoft expects to invest about $30 billion in capital expenditures this quarter, part of an overall record of more than $80 billion planned for fiscal 2025, as its Artificial Intelligence (AI) powered cloud services continue to accelerate revenue and market value.
Microsoft’s surge in AI spending is paying off. In Q4, the company is projected to spend roughly $30 billion. It is a quarterly peak as it builds out AI infrastructure to support Azure, Microsoft 365 Copilot, GitHub, and other cloud services.
For fiscal 2025 overall, Microsoft remains on track to exceed $80 billion in capital expenditures, dedicated largely to data centres and high-performance servers that underpin its AI strategy.
The company’s AI-led growth strategy showed results in its Q4 earnings - Azure surpassed $75 billion in annual revenue, growing 34% year‑on‑year and helping drive total quarterly revenue to $76.4 billion, up 18% from a year earlier.
Microsoft shares climbed more than 7% following the earnings release, as investors welcomed earnings beats and strong forward guidance on cloud and AI momentum. The company is now nearing a $4 trillion market valuation.
Despite laying off around 15,000 employees this year, executives reaffirmed that cutting costs was “transformational” and necessary to align with rapid AI infrastructure scaling and efficiency goals
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
The head of SOCAR România, Ramil Asadullazade, is under scrutiny after Romanian media published photographs and details of an alleged affair with the company’s HR director, Bibiana Constantin.
France witnessed widespread protests under the slogan ‘Block Everything’ reflecting social, economic, ecological, and political discontent, with hundreds of thousands taking to the streets across the country on the 10th of September.
Italy's foreign minister informed the upper house of parliament on Thursday, that additional sanctions were necessary to exert pressure on Russian President Vladimir Putin to engage in negotiations aimed at ending the conflict in Ukraine.
Turkish authorities have launched a major operation targeting organised crime, smuggling, fraud, and money laundering, freezing assets of 121 companies, including major media outlets, according to TRT Haber.
Britain has sacked Peter Mandelson as its ambassador to the United States over his relationship with the late convicted sex offender Jeffrey Epstein, its foreign ministry said on Thursday.
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