China weakens yuan fixing for fourth straight session as dollar advances
China's central bank set the yuan's daily guidance rate weaker for a fourth consecutive session on Wednesday, signalling flexibility in its currency management as the US dollar continues to strengthen. The streak marks one of the longer runs of successive yuan fixing cuts in recent months. The move suggests Beijing is allowing the yuan to adjust to dollar strength rather than defending a rigid level.
Chrobry Głogów, the Lower Silesian club that came close to promotion to the PKO Ekstraklasa, have parted ways with 11 players as they rebuild their squad for the new season. The departures mark a significant reshaping of the roster following their near-promotion campaign. No details on incoming transfers have been announced yet.
A court conditionally dismissed criminal proceedings against hooligans who assaulted the president and vice-president of Sandecja Nowy Sącz football club, including stabbing a fork into the vice-president's hand. Prosecutor Bartosz Gorzula called the ruling unjust. The case involved a violent attack on club officials.
Venice's mayor has proposed raising the entry fee for day-trippers to as much as €50 during the busiest periods, a significant increase from the current rate. The move is aimed at curbing mass tourism in the city during peak seasons. The proposal is still under consideration and has not yet been enacted.
Under Polish law, initiating tax or customs proceedings related to the same matter is prohibited more than six months after an audit concludes, even if different authorities are involved. The rule is designed to prevent procedural guarantees for taxpayers from becoming meaningless in practice. The principle applies to both tax offices and customs-fiscal authorities.
Colombia have advanced to the knockout stage of the 2026 World Cup after defeating the Democratic Republic of Congo. The Colombians scored four goals during the match, but only one was officially counted. Despite the narrow winning margin, it was enough to secure their place in the next round.
The Portland Trail Blazers have hired Micah Nori as their new head coach. Nori most recently served as an assistant coach to Chris Finch at the Minnesota Timberwolves. The appointment marks a significant change in the club's coaching staff in the NBA.
Australian painter Jane Allan won the $20,000 Doyle Art Award with a piece accused of being an imitation of artist Nicholas Harding's work. Her separate Darling Portrait Prize-winning painting was described by the National Portrait Gallery as "clearly influenced" by Jean-Michel Basquiat's 1982 work Untitled (Two Heads on Gold). The gallery declined to comment further on the similarities.
Jane Allan’s winning Darling portrait prize painting has raised eyebrows after her Doyle art award piece was compared to artist Nicholas HardingAn Australian painter was “clearly influenced” by New York artist Jean-Michel Basquiat in a major prize-winning work, according to the National Portrait Gallery, after she was accused of winning a separate $20,000 prize with “an imitation” of a Nicholas Harding piece.The National Portrait Gallery has declined to comment further on the marked similarities between a 1982 work by Basquiat, Untitled (Two Heads on Gold), and a work by Lennox Head artist Jane Allan, titled Weight of the Mind’s Periapt. Continue reading...
FIFA has suspended Miguel Almiron for one match following a red card for covering his mouth during the match against Turkey at the World Cup. The governing body also revoked the press accreditation of commentator Jorge "Chipi" Vera. The decisions mark a historic disciplinary ruling for this type of offence.
Andrzej Pluta, who was named MVP of both the Orlen Basket Liga finals and the regular season, has signed a two-year contract with Spanish club Basquet Girona. The Polish point guard will now compete in the Spanish basketball league. The news was reported by the Polish Press Agency PAP.
Italian Prime Minister Giorgia Meloni declared on Tuesday that bilateral cooperation with the United States should return to normal, responding to a fresh wave of criticism from Donald Trump. Trump had renewed his attacks on Meloni over the weekend, following a dispute over a photo from the G7 summit. Trump has been increasingly critical of Meloni's actions in recent months.
NATO Secretary General Mark Rutte announced that European allies are pre-positioning significant resources near the Strait of Hormuz, with tasks including potential mine-clearing operations on the waterway. Rutte also addressed renewed criticism of the Alliance from US President Donald Trump. The European deployments are described as coordinated and preventive in nature.
During the 1994 World Cup in the USA, Colombian defender Andrés Escobar scored an own goal against the United States, effectively eliminating Colombia from the tournament. Days after returning home, he was shot dead outside a nightclub in Medellín. His murder shocked the football world and remains one of the darkest moments in World Cup history.
YouTube has settled a lawsuit brought by a Florida teenager who claimed the platform's addictive design caused her depression, anxiety, and sleep loss. The case is part of a broader wave of litigation targeting social media platforms, with Instagram, Snapchat, and TikTok facing similar allegations about their harmful impact on young users' mental health. Financial terms of the settlement were not disclosed.
Copper and industrial metals continued to hold Tuesday's losses as a stronger US dollar and the Federal Reserve's hawkish policy stance dampened the demand outlook. A stronger dollar makes dollar-priced commodities more expensive for foreign buyers. The metals market remains under pressure amid cautious monetary policy signals from the Fed.
Magda Linette announced she will not compete at Wimbledon 2025, signing off with "see you next year." Meanwhile, Katarzyna Kawa advanced comfortably through the first round of qualifying, while Linda Klimovicova was eliminated after a tight match against Lulu Sun. Poland's presence at this year's grass-court Grand Slam is therefore limited.
Valve engineer Pierre-Loup Griffais admitted in a Gamers Nexus interview that the company has zero bargaining power with RAM manufacturers. Suppliers set a monthly price and purchase cap — if Valve refuses, the supplier cuts off contact entirely. The explosive demand from AI companies hoarding memory components has driven up prices and squeezed supply for consumer electronics makers like Valve.
In a new interview, Valve has conceded it has no bargaining power when it comes to buying memory from the limited number of companies that produce it at scale and control the bulk of the market. The company explained that doing anything other than agreeing to the price offered would see Valve cut off entirely.The explosive growth of the AI industry has come with gluttonous demand from AI businesses hoarding the same memory components that consumer electronics need. As demand outpaces supply, prices have shot up sharply. For its part, Valve explained that it has not secured contracts for memory components. “Look, there’s no contract; there’s nothing,” Valve engineer Pierre-Loup Griffais told Gamers Nexus. “Like, those guys… they give us a price every month, or something, and they say, ‘You can buy that many, and it’s yes or no.’ And if we say no, then they never talk to us again.”While Valve hasn’t been forthcoming with a precise figure, it’s estimated that the Steam Machine was probably originally going to cost somewhere around USD $750 before rocketing RAM costs ruled that out and led to the final USD $1049 price tag.Valve’s new Steam Machine is far from the only consumer device feeling the pinch of RAM prices. Both Sony and Xbox continue to express concern over the significant challenges of launching new consoles amid such unprecedented demand for memory and storage chips, and Apple recently admitted that price rises for some of its products were now ‘unavoidable.’However, while the Steam Machine’s price stings – and remains “a bit too expensive to take on the PS5 or the Xbox Series X” – IGN’s review noted Valve’s approachable new living room device remains easy to recommend as it’s “almost certainly the easiest way to get into PC gaming right now.”You can learn more about the Steam Machine’s price and performance in IGN’s recent interview with Valve.Luke is a Senior Editor on the IGN reviews team. You can track him down on Bluesky @mrlukereilly to ask him things about stuff.
New public procurement regulations require contractors to verify the origin of entities, technologies, supplies and financing throughout the supply chain. A competitive price and proven experience are no longer sufficient to win a tender. Errors in supply chain documentation can result in an offer being disqualified outright.
Senegal face Iraq in a must-win World Cup group stage match without first-choice goalkeeper Edouard Mendy, who has suffered a knee injury. The African side has already lost to France and Norway, putting them on the verge of a group-stage exit. The injury to Mendy could potentially end his entire tournament.
Seniors and passengers with disabilities are entitled to free airport assistance, covering everything from check-in to boarding. The key step is notifying the airline or airport of specific needs in advance. Knowing these rights helps avoid stress and ensures smooth passage through all stages of travel, including connections.
Chinese zinc producers and traders are waiting for export margins to improve so they can offload a growing domestic surplus of the metal. The glut is putting downward pressure on domestic zinc prices in China. The industry is watching global market conditions closely for a window to redirect excess supply abroad.
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