Chinese Nvidia rival Enflame soars more than 200% on market debut
Shanghai Enflame Technology, one of China’s leading artificial intelligence chipmakers and a domestic rival to Nvidia, surged more than 200 p...
Former President Martin Vizcarra is sentenced to 14 years in prison after a Peruvian court found him guilty of accepting bribes while governor of the southern Moquegua region from 2011 to 2014.
Vizcarra allegedly received $676,000 from construction firms in exchange for awarding public works contracts, according to the ruling.
Vizcarra denied the charges throughout the trial, which began in October 2024, claiming he was the target of political persecution.
He became president in 2018 following the resignation of his predecessor but was removed by Congress two years later amid graft investigations.
The verdict adds to a growing list of former Peruvian leaders facing jail time for corruption. Alejandro Toledo and Ollanta Humala are already serving sentences, while Pedro Castillo is in detention on rebellion charges.
Vizcarra’s lawyer, Erwin Siccha, announced plans to appeal the ruling and requested the suspension of the sentence’s provisional execution.
Meanwhile, Vizcarra’s older brother, Mario, is running in the April 2026 presidential election for the "Peru First" party, where the former president remains a key advisor.
Peru has experienced political instability in recent years, cycling through six presidents since 2018, with many removed amid corruption scandals. The court’s decision underscores ongoing concerns over governance and accountability in the country.
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
Overnight Iranian strikes on an air base in Jordan damaged multiple U.S. aircraft and left one without a wing, American media reported. Meanwhile, explosions were heard across parts of southern Iran according to local media reports.
Iran’s Revolutionary Guards (IRGC) said on Wednesday they attacked two U.S. vessels and eight oil tankers in the Persian Gulf, calling the strikes a response to a U.S. attack on five Iranian tankers.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Shanghai Enflame Technology, one of China’s leading artificial intelligence chipmakers and a domestic rival to Nvidia, surged more than 200 per cent on its market debut on Friday, highlighting strong investor demand for homegrown semiconductor companies.
Mexico and the U.S. are racing to secure a trade deal before the U.S. midterm elections in less than eight weeks, according to six sources familiar with the talks, with failed negotiations between Washington and Canada adding urgency.
A Texas judge ruled on Thursday that TikTok violated the state's consumer protection law by misleading users about how the platform filtered content for minors and the effectiveness of its Restricted Mode feature.
Sweden's centre-left opposition holds a narrow lead over the ruling right-wing bloc ahead of Sunday's parliamentary election, leaving Social Democrat leader Magdalena Andersson well placed for a return as prime minister.
French public broadcaster France Télévisions has removed the replay of a programme in which actress Adèle Haenel accused Israel of committing genocide in Gaza and France of complicity.
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