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KATIE Price appeared to ignore her marriage breakdown for the night as she celebrated her best friends’ engagement.

After ending her marriage to Lee, 43, the former glamour model was played a voice note from him on GMB on Wednesday, in which he insisted “there’s been no wool pulled over anyone’s eyes”. 

Tonight, Katie appeared in good spirits as she joined her friends for a boozy night out.

Katie flashed a big smile alongside celebrity interviewer pal Lewis Nicholls and Mike Turner.

He shared a photo of the trio and wrote: “Reunited to celebrate our engagement with Katie tonight,” with a red love heart emoji.

Katie was seen beaming as she held a glass of bubbly in her hand while joining her friends at Bank House Hotel Worcester.

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Speaking to Susanna Reid and Ed Balls this week, Katie candidly confessed that – despite everything – she still loves Lee. 

She said: “I love him… but who is he?

“I love the man I met. I can’t take it. I was stupid to fall for him. It’s really sad.”

Katie also admitted she believes her ex loves her too, saying: “I do believe he did. 

“I think he’s got himself in such a situation… where he copy and pastes what he says to women… I do believe he’s fallen for me.”

Katie then revealed the signs that finally made her open her eyes.

She said: “For example, one of the rings he bought me he said was worth £72,000. So I thought I’d better get it insured.

“So I took it into a shop and got it cleaned to get it insured. When they gave it back to me I said, ‘How nice are the diamonds?’

“They said, ‘They’re really good lab diamonds. They were grown in a lab. The ring is probably only worth about five grand’. Do you know how embarrassed I was?”

On the latest episode of her podcast The Katie Price Show, Katie held up her hand to sister Sophie, 36, and said: “I’m still wearing my ring but on the other hand because I love the ring. 

“I’ve taken Lee out of [my Instagram] bio now. Enough is enough now, it gets to a point where you can tolerate so much… 

“I did what I had to do. It doesn’t matter what people say about whoever I’m with. I have to do what I need to do. 

“If there are things that I question, that’s for me to find out myself to make my decision. Things haven’t added up and I’m not happy about them. He is still in prison and I haven’t spoken to him.”

Published on
17/09/2026 – 13:17 GMT+2

The ‘Old Lady of Threadneedle Street’ has chosen to wait, though not unanimously.

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The Monetary Policy Committee voted by a majority of six to three on Thursday to leave borrowing costs unchanged, with the dissenting trio pushing for a quarter-point increase to 4%.

The decision puts the Bank of England at odds with the Federal Reserve and the European Central Bank, both of which have tightened within the past week.

Despite holding, the central bank expects the situation to worsen before it improves.

Inflation “is likely to rise further over coming quarters,” the committee said, pointing to crude and refined energy prices that have climbed again since its last meeting and remain “more volatile and higher than pre-conflict.”

Watching for second-round effects

The case for holding rests on what has not yet happened.

“There has been little evidence so far of material second-round effects in price and wage-setting,” the statement read, meaning expensive energy is not yet feeding into broader wages and prices.

However, that reprieve may be temporary.

The risk of such effects “is greater the longer higher energy prices persist or are more volatile,” the committee warned, adding that risks to the inflation outlook are “tilted to the upside, and more so than at the time of the July Monetary Policy Report.”

Brent crude and UK wholesale gas prices have risen 36% and 78% respectively since July, with Brent at $106 a barrel and gas at 207 pence per therm on 14 September.

Refinery pressures have kept crack spreads, the gap between refined fuel prices and crude, well above pre-conflict levels.

Economic activity has held up slightly better than expected, while a soft labour market and the higher borrowing costs households and businesses have faced since the conflict began should bring inflation down over time.

A crowded week for central banks

The Fed raised its benchmark on Wednesday to a range of 3.75% to 4%, its first increase since 2023 and a unanimous decision, while signalling more to come.

The ECB lifted its deposit rate to 2.5% last week.

The sequence concludes on Friday with the Bank of Japan, where markets expect a hike.

That would leave the Bank of England as the only major central bank to have stood still this week, though on Thursday’s evidence not by much.

Additional sources • AP

Published on 17/09/2026 – 9:55 GMT+2•Updated
10:03

Investors in Europe took the Federal Reserve rate hike in their stride.

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Both the Euro Stoxx 50 and the broader pan-European Stoxx 600 traded over 0.6% higher at the start of Thursday’s session.

France’s CAC 40, Germany’s DAX 30, Italy’s FTSE MIB, Spain’s IBEX 35, the Netherlands’ AEX and Switzerland’s CH20, all traded between 0.2% and 0.7% higher than their Wednesday close.

The UK’s FTSE 100 led the pack and rose more than 1%.

Carmakers and industrials led the Paris index, with Renault gaining more than 2%, Stellantis 1.6% and Schneider Electric 1.3%. Technology went the other way, with Dassault Systèmes falling 2.4%.

The calm followed a rougher session in New York, where the Dow Jones Industrial Average closed 1.2% lower on Wednesday and the S&P 500 fell 0.4%, while the Nasdaq was broadly flat.

Asian markets were mixed overnight with Tokyo’s Nikkei 225 rising 0.2%, Seoul’s Kospi gaining 0.9%, while Hong Kong’s Hang Seng lost 0.7% and the Shanghai Composite 0.4%.

Reactions were “pretty much expected since the rate hike was also in line with market expectations”, said Lorraine Tan, director of equity research for Asia at Morningstar, adding that the Iran war is likely to keep pressure on inflation.

A stronger US dollar and higher yields

The more consequential moves were in currencies and bonds.

The US dollar climbed to its highest in seven weeks against a basket of major currencies, lifted by the jump in short-dated Treasury yields that followed the decision.

The euro was trading around $1.146, down 0.5% from Wednesday’s open.

A stronger US dollar makes European exports more competitive in American markets, but it also raises the cost of anything priced in dollars, which includes oil and gas, which compounds Europe’s energy bill at a difficult moment.

In bond markets, the two-year Treasury yield, the maturity most sensitive to rate expectations, jumped to around 4.72% from 4.67% before the decision, holding near that level on Thursday.

The 10-year sat close to 5%, reflecting both the war-driven energy shock and mounting investor concern about American government debt.

Traders now fully expect another rate hike by December and put the odds of a move as soon as October at around 50%. Goldman Sachs became one of the first major Wall Street banks to forecast consecutive hikes, reversing its previous view that this month’s move would be the only one.

Attention turns next to the Bank of England, which announces its decision later on Thursday and is expected to hold rates steady, and to the Bank of Japan on Friday, where a hike is anticipated.

Additional sources • AP

CAPE TOWN, South Africa — The Trump administration has announced that it will impose travel bans on officials it claims are responsible for discrimination against whites and other minority groups in South Africa.

U.S. Secretary of State Marco Rubio said Tuesday he would revoke U.S. visas or reject visa applications from foreign nationals found to be responsible for, or complicit in, enacting or enforcing laws and policies that allow for uncompensated land seizures, race-based discrimination and the incitement of violence against minority ethnic and racial groups in South Africa.

“The United States will not allow such behavior to go unchecked,” Rubio said in a statement. “These actions directly undermine peace, economic stability, and the rule of law, and they are incompatible with the pillars of America’s foreign policy.”

The South African government has strongly rejected U.S. allegations of discrimination against whites, calling the claims made by the administration since President Trump returned to office last year baseless and a result of misinformation.

It’s the latest U.S. move to sanction South Africa

Rubio did not identify any officials who would be targeted with the travel restrictions, though a lobby group for minority whites in South Africa has previously called for the U.S. to sanction officials of the African National Congress party, the party of South African President Cyril Ramaphosa and the largest in South Africa’s Parliament.

It’s the latest move by the Trump administration to sanction South Africa over its claims that whites, and especially the Afrikaner group, are being discriminated against by their Black-led government. Afrikaners are descended from mainly Dutch and French colonial settlers who first came to South Africa in the 17th century. They were at the heart of South Africa’s previous apartheid system of racial segregation.

There are approximately 4.5 million white people in South Africa’s population of 62 million, which also includes whites with British or other heritage.

The Trump administration casts South Africa as anti-white

The U.S. has cited a contentious South African law that allows for the expropriation of unused private land without compensation in some circumstances, affirmative action policies that advance opportunities for Blacks and others, and a small number of violent crimes against white farmers as evidence of a larger anti-white stance in South Africa.

The Trump administration has also strongly criticized South Africa’s move to accuse U.S. ally Israel of genocide against Palestinians in Gaza, in a highly emotive case at the United Nations’ top court. Israel vehemently denies that allegation.

South Africa asks the U.S. to respect its sovereignty

South African Foreign Minister Ronald Lamola said Wednesday that some of the domestic policies that the U.S. had branded as discriminatory were designed to address the injustices of apartheid and hundreds of years of colonial rule before that, when Black people were stripped of their rights.

“South Africa respects that the United States may hold differing views on certain policy measures and their implementation. … The people of South Africa likewise respect the right of the American people to develop legislation that addresses their own circumstances,” Lamola said in a statement. “We expect that the same respect will be accorded to the people of South Africa, as the principle of sovereignty requires.”

The U.S. says more sanctions will follow

The U.S. has enforced a series of other sanctions against South Africa during Trump’s second term for purported anti-white and anti-American policies. They include barring South African officials from meetings of the Group of 20 economic bloc this year in the U.S., and phasing out aid for South Africa’s HIV treatment program.

The U.S. has also launched a refugee program for Afrikaners and other whites, claiming baselessly that they are victims of a humanitarian emergency in South Africa.

The U.S. says the sanctions are because South Africa has not changed its policies, and warned of more to follow.

“This visa restriction policy is only the first step in a series of escalatory measures that will show America’s firm resolve in this matter,” the official U.S. Ambassador to South Africa account posted on X, referring to Rubio’s visa announcement.

Imray writes for the Associated Press. AP writer Matthew Lee in Washington contributed to this report.

WASHINGTON: The six-month-old US war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress’ nonpartisan bookkeeper reported on Tuesday, as the Trump administration searches for ways to end the conflict and reopen the vital Strait of Hormuz.

The war is expected to increase inflation by 0.5 percent in the first three months of 2027, according to the Congressional Budget Office accounting, which totaled expenses through August 1.

The mounting costs have strained US munitions stockpiles and driven up energy prices, raising concerns about the country’s ability to respond to other potential conflicts and adding pressure on an already stretched federal budget.

The cost was close to the $37.5 billion that Defense Secretary Pete ‌Hegseth reported at ‌a Senate hearing on July 21.

The budget office said the majority ‌of ⁠the costs stem ⁠from the rapid drawdown of munitions, estimating that it could take five years to replenish US stockpiles. Reuters reported in August that the US had used “virtually all” of its long-range precision missiles during the war.

The Department of Defense did not cooperate with congressional financial auditors, CBO reported.

Representatives from the White House and Department of Defense did not immediately respond to requests for comment.

The inquiry was conducted at the request of the top Democrat on the US House of Representatives Budget Committee, Brendan Boyle of Pennsylvania.

“Donald Trump’s disastrous war in Iran ⁠has already taken the lives of brave American servicemembers and left others ‌wounded,” Boyle said in a statement.

“Beyond that human toll, this ‌nonpartisan CBO report makes clear that the war has also cost American taxpayers tens of billions of dollars and counting, ‌while continuing to drive up costs.”

Eighteen US military service members have died in the Iran war.

The ‌report did not include costs of recent strikes on commercial vessels in the Strait of Hormuz and attacks on US military installations in the region. It also did not factor in the borrowing expenses associated with financing the war, which could add tens of billions of dollars to the total cost.

IMPACT ON US READINESS

The CBO accounting ‌found the war could have sprawling consequences for the US defense posture and the domestic economy.

The deficit in critical munitions, including missile interceptors, risks hampering the ⁠Pentagon’s response in ⁠the event of another major conflict, such as potential hostilities involving China and Taiwan, CBO said.

At the July hearing in the Senate, Hegseth pleaded for nearly $90 billion emergency funding legislation to restock munitions supplies.

“Without these funds, we face critical shortfalls,” Hegseth said.

Energy shocks caused by attacks in the Strait of Hormuz — the narrow waterway through which roughly 20 percent of the world’s oil traveled before the war — and on energy facilities in neighboring Gulf countries have sharply increased prices for consumers and global producers.

The rising cost of the war also threatens to weigh on deteriorating US fiscal health. The nation’s total public debt surpassed $40 trillion in August.

Trump regularly contrasts the Iran war with the US invasions of Iraq and Afghanistan that followed the September 11, 2001, attacks.

The eight-year US war in Iraq, which involved more than 100,000 ground troops at its peak, cost $2 trillion, Reuters reported. The two-decade-long US conflict in Afghanistan, which also involved more than 100,000 troops at its most intense, cost $2.3 trillion, according to Brown University’s Costs of War project.

Turn on a radio between 1978 and 1987 and you were sure to hear Journey — any of the more than two dozen sumptuous yet muscular rock hits that shaped young America’s ideas about love, inspiration and wanting it the way you need it. Four decades later, the band’s music is still everywhere, including television, social media and streaming platforms like Spotify, where Journey has more monthly listeners than Bruce Springsteen, U2 or Bob Dylan. Yet Saturday night the group will bring what it’s calling its farewell tour to Crypto.com Arena — a capstone (at least if the band is to be believed) to a long career full of twists and turns.

Indeed, domination was hardly a given when guitarist Neal Schon and keyboardist Gregg Rolie — both of whom had played with Carlos Santana — formed Journey as a kind of jazzy proto-jam band in San Francisco in 1973. But with the addition a few years later of singer Steve Perry, the group found its gloriously dramatic sound and began racking up hits one after the next (though critics were rarely kind). Perry eventually quit, which took the wind out of Journey’s sails until Schon discovered an uncanny soundalike from the Philippines, Arnel Pineda, on YouTube; he’s helped the band get back into arenas and the occasional stadium even as Schon and keyboardist Jonathan Cain, who replaced Rolie in 1980, have battled each other in court over financial matters.

Got all that? To try to make sense of Journey’s path, I’ve ranked all 25 of the band’s hits that have charted on Billboard’s Hot 100, starting with the worst and ending with the best. Hold onto that feeling — it goes on and on and on and on.

25. ‘Walks Like a Lady’ (peaked at No. 32 in July 1980)

Some are born to sing the blues, as Perry once observed — just not Perry himself, who chews his way through this corny come-on like an overserved uncle at the Hard Rock Cafe. Nice showcase for Rolie’s organ work, though, on one of the last Journey singles he played on before leaving the band.

24. ‘Just the Same Way’ (peaked at No. 58 in May 1979)

Rolie and Perry tag-teaming lead vocals is not a form of democracy I’d vote for.

23. ‘After the Fall’ (peaked at No. 23 in August 1983)

Safe? Sterile? Soulless? Look, the haters can’t always be wrong.

22. ‘Too Late’ (peaked at No. 70 in January 1980)

“Before your time has run astray / You’ve got to try to get away.”

21. ‘Anytime’ (peaked at No. 83 in July 1978)

After overseeing Queen’s first few albums, producer Roy Thomas Baker turned his attention to Journey (and to the Cars); this midtempo number from the “Infinity” LP offers a credible approximation of Queen’s trademark stacked vocal harmonies.

20. ‘The Party’s Over (Hopelessly in Love)’ (peaked at No. 34 in April 1981)

Three platinum plaques in less than two years — for “Infinity,” “Evolution” and “Departure” — meant that Journey had no choice but to drop a live record, “Captured,” at the top of 1981. (It went platinum by Christmas.) As extra consumer bait, the double album closed with this new studio cut built around a killer Schon lick (and not much else).

19. ‘Good Morning Girl’/‘Stay Awhile’ (peaked at No. 55 in September 1980)

Phantom of the roller rink.

18. ‘Why Can’t This Night Go On Forever’ (peaked at No. 60 in May 1987)

Propelled by the success of his debut solo album — not to mention his appearance on the smash all-star “We Are the World” — Perry assumed greater control of Journey’s sound for 1986’s synthed-up “Raised on Radio,” which spawned no fewer than five singles, ending with this slightly lugubrious ballad. Yet the takeover came with a cost: By the end of 1987, the band had entered a hiatus that would last nearly a decade.

17. ‘Still They Ride’ (peaked at No. 19 in July 1982)

Listen to how nimbly Perry maneuvers some very tricky intervals.

16. ‘When You Love a Woman’ (peaked at No. 12 in December 1996)

Journey reunited for 1996’s “Trial by Fire,” which brought the band its only Grammy nomination (and which might feature the ghastliest album cover in music history). If the members knew that rock had changed dramatically while they were away, they didn’t show it in the LP’s romantic lead single: “When You Love a Woman” — a chart-topper for three weeks on Billboard’s adult contemporary tally — clearly sought to pick up where “Open Arms” and “Faithfully” had left off.

15. ‘Girl Can’t Help It’ (peaked at No. 17 in November 1986)

Wonder what Perry and Huey Lewis talked about between takes on “We Are the World.”

14. ‘Be Good to Yourself’ (peaked at No. 9 in May 1986)

“Karate Kid”-core.

13. ‘Only the Young’ (peaked at No. 9 in March 1985)

More “Karate Kid”-core, in this case released first as a song by Patty Smyth’s band Scandal; Journey’s version later wound up alongside Madonna’s “Crazy for You” on the soundtrack to “Vision Quest.”

12. ‘Wheel in the Sky’ (peaked at No. 57 in May 1978)

Before Perry came aboard in 1977, Journey spent a few months with Robert Fleischman as lead singer — long enough for Fleischman to co-write the group’s first Hot 100 entry, not so long that he got to sing it on the record.

11. ‘Any Way You Want It’ (peaked at No. 23 in April 1980)

Ooh, baby, hold tight.

10. ‘Suzanne’ (peaked at No. 17 in August 1986)

Easily Perry’s most unhinged vocal performance.

9. ‘Send Her My Love’ (peaked at No. 23 in November 1983)

A luscious and melancholy white-soul song that I’d bet Phil Collins admired back in the day — and that Justin Bieber would probably flip for now.

8. ‘Lovin’, Touchin’, Squeezin’’ (peaked at No. 16 in October 1979)

Inducting Journey into the Rock & Roll Hall of Fame in 2017, Train’s Pat Monahan belted the na-na-na outro of the band’s first Top 40 hit as he made his case for the group’s excellence. “They didn’t even need lyrics — that’s how badass this band is,” he pointed out. Still, let’s not gloss over the appealing perversity of starting a song this horny the way Perry does: “You make me weep and want to die.”

7. ‘Lights’ (peaked at No. 68 in September 1978)

Dodgers fans can delight in the fact that Perry originally wrote this paean to San Francisco — an anthem taken up at one time or another by every Bay Area pro sports team, including the Giants — about the lights going down and the sun shining on … Los Angeles. (Swap out “the bay” for “L.A.”) Maybe that’s why “Lights” has always felt to me like a precursor to the Red Hot Chili Peppers’ “Under the Bridge.”

6. ‘Separate Ways (Worlds Apart)’ (peaked at No. 8 in March 1983)

[Listens to “Eye of the Tiger” once.]

5. ‘I’ll Be Alright Without You’ (peaked at No. 14 in February 1987)

Shout out to future “American Idol” judge Randy Jackson, who joined Journey for “Raised on Radio” and proceeded to lay down the slinkiest, sultriest, funkiest bass line the band had ever known.

4. ‘Don’t Stop Believin’’ (peaked at No. 9 in December 1981)

Believin’ in what, exactly? The genius of Journey’s most-streamed track on Spotify (with more than 2.9 billion plays) is its use of concrete images to advance a pretty mysterious narrative. We’ve all stood under a streetlight; we all know the smell of wine and cheap perfume. Yet everybody’s midnight train is going to a different anywhere.

3. ‘Open Arms’ (peaked at No. 2 in February 1982)

Famously — and fortuitously — rejected by a former bandmate of Cain’s as “sentimental rubbish,” “Open Arms” was perhaps just waiting to be embraced by Perry, who sings it with the wounded gusto of a man well acquainted with regret. In a poetic twist, Journey’s highest-charting hit was blocked from No. 1 by the J. Geils Band’s “Centerfold,” in which the heartbroken narrator goes laughing all the way to his bed.

2. ‘Who’s Crying Now’ (peaked at No. 4 in October 1981)

The first of three Top 10 singles from 1981’s 10-times-platinum “Escape,” this immaculate R&B jam imagines an alternate dimension where Perry and Cain hear Earth, Wind & Fire’s “After the Love Has Gone” and decide to form a new group with David Foster. Except Perry remembers the song as a high point for Schon: “You know the guitar outro from ‘Who’s Crying Now’?” he asked a New York Times reporter in 2003. “I fought for that because I knew no DJ would cut that song off with Neal’s guitar wailing at the end of it. It was too brilliant.”

1. ‘Faithfully’ (peaked at No. 12 in June 1983)

It wasn’t the first rock ballad about life on the road — and it definitely wasn’t the last — but “Faithfully” might be the most emotionally generous: “Loving a music man ain’t always what it’s supposed to be,” Perry tells his lady, grounding the song in the experience of those who leave and those left behind; later, he envisions their reunion with such tenderness — “I’ll get the joy of rediscovering you” — that you know he’s already decided to take off again.

OLIVIA Attwood has hit back after being accused of lying about her successful booze brand.

This summer the Love Island legend, 35, launched her range of Savano canned cocktail drinks.

However, there had been some criticism of her involvement, after Olivia called the company her “baby”.

But not taking this lying down, the successful businesswoman has now hit back and set the record straight.

“My brand, Savano, my baby. It was acquired by my partners, it existed as Tom Savano, and then with me, we relaunched it,” Olivia told her fans in her latest Instagram video.

“We remarketed it, we renamed it, we repackaged it, and we developed signature flavours. For example, my Moscow Mule. Guys, do you even understand how many Moscow Mules I had to drink to get that right? And it’s perfect.”

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“With me as the majority stakeholder and my team working seven days a week on my baby, in a matter of months, we have made Savano a household name.”

Meanwhile, despite this upset, Olivia has had a good week and is riding high after her NTA appearance with boyfriend Pete, 37.

The new couple went down a storm when they presented an award at the glitzy bash, marking their first live TV appearance together.

Olivia and Pete have been friends for eight years, but earlier this year their connection turned romantic.

The new couple had been trying to keep their relationship under wraps for months, but recently hard launched their new love.

Since going Instagram official, Olivia and Pete have been giving fans snippets about their romance.

The duo were first spotted together in March kissing during a night out at rooftop bar Flute.

Their smooch came just weeks after Olivia’s split from husband Bradley Dack became public.

After months of speculation, Pete then hard-launched their romance with a loved-up black and white shot in July.

CORON, Philippines: The bodies of passengers killed in a ferry fire off the Philippines arrived at a port near the resort town of Coron, Palawan on Saturday morning, as the country’s coast guard warned the death toll of 35 would grow.

AFP watched tents being set up to accept 30 bodies brought from the M/V June Aster, which ran aground near the tourist hotspot after a fire erupted Wednesday evening and tore through the vessel “in seconds”.

Coast guard spokeswoman Noemie Cayabyab told a Saturday press conference the remains would be turned over to police forensic investigators for “proper disposition and identification” before allowing local authorities to inform family members.

“Currently, we are focused on the retrieval, and after that we will proceed with the investigation,” she said, confirming the bodies had been found in the ship’s economy accommodation area.

Police investigators were seen arriving at the port shortly after the press conference ended.

Asked how many bodies remained aboard the ship, she said authorities would provide an update later in the day.

Cayabyab told AFP on Friday evening that the first transfer had been capped at 30 bodies due to the capacity of the patrol vessel transporting them and that additional cadavers remained on the ferry.

Five others had been confirmed dead in the immediate wake of the fire.

Photos released by the coast guard showed rows of body bags being placed into a small ship alongside men in hazmat suits.

Thirty passengers and 13 crew have so far been rescued, while 54 people remain unaccounted for.

On Friday, Cayabyab had told a radio station the fire had begun in the cargo hold, then tore through the ship within seconds.

“From the time that they heard the loud explosion, the appearance of smoke, and then fire. It spread very quickly,” she said of survivors’ accounts.

“Everything happened in seconds,” she said, adding that those who made it off the ship had not even had time to put on life jackets.

‘Lost hope’

Myra Cabilan told AFP she had flown to Coron to find her missing brother, 40-year-old Rammel Gonzaga, who had taken the ferry from Manila on a business trip with his brother-in-law.

“His wife had just given birth a month ago. He was so happy he was given a daughter,” Cabilan said, fighting back tears.

“At dawn, I still believed he survived. But he’s still missing. I have lost hope.”

Hundreds of people desperate for news about the incident have taken to leaving comments on the Facebook page of a local mayor, searching for relatives, friends and even a dog.

The ferry’s manifest listed 134 crew and passengers, but two had not boarded, according to the coast guard. The ferry was also carrying goods, an electric vehicle, a pickup truck, and motorcycles.

The archipelago nation of 116 million has a long history of disasters involving the inter-island ferries that ply its seas.

Many rely on cheap and poorly regulated boats and ships for transport between the country’s more than 7,000 islands, despite regular accidents.

In January, a triple-decker ferry carrying more than 340 people sank off the southern Philippines, killing at least 52 people.

The M/V Trisha Kerstin 3 sank along nearly the same route where 31 people died in 2023 after a fire broke out aboard the Lady Mary Joy 3 ferry.

On Thursday, the company that owns the M/V June Aster, Atienza Interisland Ferries Inc, said it was fully cooperating with the investigation.

THIS is the scary moment a Ryanair plane’s wingtip hit the ground as it came into land at Dublin Airport.

A passenger filmed the moment the plane lurched to the right and suffered a “minor wingtip impact” during a rough landing yesterday morning.

The Boeing 737 Max, which took off from Bologna just after 8am came in to land at Dublin at 10.45am.

As it touched down on the runway, the plane tumbled onto its right-hand side.

Shocked passengers watched as the wing tips of the plane brushed against the runway.

Recognising the danger of the dodgy landing, the Ryanair pilots immediately brought the engines up to full power to perform a go-around.

This is where a plane aborts its landing attempt and flies in a loop around the airport to try again.

The two pilots were able to guide the plane safely onto the ground about 15 minutes later.

In a statement, Ryanair described the incident as a “minor wingtip impact”.

A spokesperson told us yesterday: “On landing in Dublin this evening (10 Sept) Ryanair flight FR9457 from Bologna suffered a minor wing tip impact.

“The aircraft landed safely and all passengers offloaded normally.

“Our engineers are now repairing this wing tip and the aircraft is expected back into service tomorrow morning (11 Sept).”

It comes as Ryanair boss Michael O’Leary came under fire for “shameful” comments he made describing other airlines as “high-fare rapists”.

The Ryanair chief landed himself in hot water ahead of his budget airline’s annual general meeting in Dublin yesterday.

The billionaire businessman, 65, claimed rising air travel prices at other airlines would see passengers switch to Ryanair, before doubling down on his claims.

In response, Labour’s Laura Harmon urged the notorious motormouth to engage with organisations like the Rape Crisis Centre, and to apologise for his “shocking” language.

The senator fumed: “Michael O’Leary must apologise for the comments he made in advance of Ryanair’s annual general meeting in Dublin.

“The casual use of the word ‘rapist’ to describe the prices of his competitors is deeply shocking and could be traumatising for any survivor of sexual abuse.

“We should have a zero-tolerance approach to sexual violence. In recent years, due to the tireless work of activists and the bravery of survivors of sexual violence who have shared their stories, Ireland has taken a strong stance in support of survivors.

“It is shameful to see O’Leary diminish the real experience of these survivors in such a way.”

Harmon continued: “Every week brings shocking new statistics and stories about the levels of domestic and sexual violence against women in our country.

“Reports conducted by organisations like the National Women’s Council of Ireland often detail the systemic challenges victims of domestic violence are faced with when they look for help – through the courts and the legal system, and through first responders like the Gardai.

“Having O’Leary make such ignorant comments only adds to this. I would urge him to come out and apologise today, and commit to informing himself about the real trauma of sexual violence.”

Fianna Fail’s Lorraine Clifford-Lee also condemned O’Leary’s comments as “a new low” for the Ryanair CEO.

THE Netherlands has ground to a halt today due to a staff strike – and it is affecting public transport across the country.

It has also impacted Eurostar routes with all trains to two popular cities completely cancelled today.

The strike is being held by the country’s largest trade union for staff who operate public transport – the walkouts started at 2am and will end at 2am tomorrow.

As a result, Eurostar has been forced to cancel its routes to Amsterdam and Rotterdam – of which there are usually around 25.

Around 25 direct and indirect routes usually go to Amsterdam and Rotterdam from St Pancras, but none are running today.

On its website, Eurostar said: “There will be a national public transport strike on Wednesday 09 September 2026 in the Netherlands.

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“No national or international trains will be able to run on the Dutch network on that day. There will also be some disruption on the evening of Tuesday 08 September and the morning of Thursday 10 September.

“If you’re due to travel with Eurostar, you can check whether your journey is affected by the strike on our live train info page. We’ve also contacted all affected passengers whose contact details we have. If you have a connecting journey, please get in touch with the relevant train company for more information.

“We know how important your travel plans are and we’re sorry for the disruption this strike will cause.

“If your Eurostar train can no longer serve your departure and/or arrival station, you can choose one of the following options:

• Exchange your booking for free to travel in the same travel class at a different time or date. It only takes a minute to rearrange your trip.

• Cancel your booking and claim an e-voucher. You will have 12 months from the date of your disrupted journey to redeem it on eurostar.com.

• Cancel your booking and get a refund. You’ll receive a refund for the value of your ticket but not for any booking or exchange fees. We’ll process your request within 28 days.

“You have three months from the date you were due to travel to claim your preferred option.

“Thank you for your patience and understanding. We apologise again for the disruption to your journey.”

Due to the early hours of the strike ending, services on Thursday morning could be affected too with several Eurostar journeys in showing as ‘Not available’.

In Amsterdam, metros, trams, buses and ferry services have been suspended.

In Rotterdam, the metros, trams, buses are suspended as well, and in The Hague, trams and buses are not running.

A Eurostar spokesperson told Sun Travel: “Following the national public transport strike on Wednesday 9 September 2026 from 2AM until the 10^th of September at 2AM in the Netherlands, no Eurostar trains will be able to run on the Dutch network on Wednesday.

“Affected passengers have been notified and can obtain a reimbursement or change their tickets free of charge. We apologise for the inconvenience.

“Trains on the other Eurostar routes are running normally.”

Folk singer Ray LaMontange was treated for heat-related dehydration after collapsing onstage during a weekend performance amid triple-digit heat in Nashville.

On Saturday, the 53-year-old toppled to the side while performing his popular track “Jolene” in front of a sold-out,crowd at Ryman Auditorium, according to recorded fan footage.

There were reports that LaMontagne had lost his place earlier in his set when performing “Hannah,” per Consequence. According to the National Weather Service, temperatures in the Nashville area reached a high of 101 degrees.

Later that night, LaMontagne’s management released a statement through his Instagram stories, sharing that the Grammy winner was in “good hands with local EMS” and that he was being treated for “heat-related dehydration.”

LaMontagne returned to the stage the following night, performing at the Louisville Palace in Kentucky, where he made no mention of the incident.

Last month, the Americana singer — best known for tracks “You Are the Best Thing” and “Hold You in My Arms” — had kicked off his 20th anniversary tour.

The tour is named after his 2004 debut album, “Trouble,” which is platinum certified in both the United States and United Kingdom; though the album reached only No. 164 on the Billboard 200 chart, it hit No. 5 on the U.K. Albums chart.

Known for his gruff vocals, LaMontagne first came to the scene in the early aughts as a timid troubadour. The New Hampshire-born, Utah-raised artist was once a former shoe factory worker from Maine whose singer-songwriter journey began when he woke up one morning to Stephen Stills’ “Treetop Flyer” on his clock radio.

All nine of LaMontagne’s albums — with the exception of his independently released 2024 LP, “Long Way Home” — have charted in the Billboard 200.

LaMontagne will continue on with his Trouble tour — which features special guest the Weather Station — through Oct. 3, closing out at New York City’s Beacon Theatre.

HANFORD, Calif. — Darian Orduno bounced her baby boy on her chest, looking down at his thick black hair and bright eyes. What might pollution from a data center do, she wondered, to his growing lungs?

That question had brought Orduno, 25, to a community meeting opposing a possible data center here, and her fears, she said, likely would influence her vote in the midterm election too.

“I just had him, and now it’s concerning if he’s going to be able to grow up here,” Orduno said, or “if I’m going to have to relocate.”

As about 100 residents filed into a church for the meeting in late August, under a Central Valley sky hazy with air pollution, many shared the same worries — that a facility pitched for the local fairgrounds could further worsen the area’s air quality and strain its water supply.

Barbara Castle listens to speakers during a town hall meeting on a possible small-scale data center in Hanford.

Nationwide, such concerns are fueling a backlash to data centers from both the left and the right as tech companies flood the country with thousands of proposals for the facilities in nearly every state from California to Maine.

Data centers have become an unusually bipartisan flash point in the midterm elections, as candidates race to delineate policy platforms and respond to public opinion. The issue stands to influence swing voters and motivate turnout at the polls.

Here in the 22nd District, home to the state’s most competitive congressional race, how significantly the issue will affect voters’ decisions remains to be seen. But one thing is clear: Anxiety about data centers is mounting.

“It’s a national concern, it’s now a state concern, and now it’s bled into the local concern,” Hanford Mayor Mark Kairis said. “It’s a very emotionally charged issue right now.”

Residents in Hanford who oppose data centers say they are worried about the region’s air and water quality, concerns echoed by rural communities across the country.

Demand for data centers, which house the computer systems powering artificial intelligence and the internet, has surged as AI use has ballooned. As of April, more than 1,500 new data centers were in development across the United States, according to a Pew Research Center analysis, largely in rural areas.

The centers require intense cooling, which often demands high water and power use and creates the potential to affect the environment and to pass on utility costs to consumers. But they power technology that is becoming increasingly integrated into American business. They also create jobs, though with limitations.

Democrats see the data center uproar as fitting into their affordability messaging, and candidates generally agree data centers should be regulated, though their positions vary on how aggressively. For Republicans, whose party has backed AI innovation, responding to worsening public opinion has been trickier — particularly given President Trump’s championing of AI and data centers.

Vice President JD Vance on Thursday acknowledged negative polling on data centers but framed the issue as a question of American industrial dominance, saying the country can’t shy away from development. Earlier in the week, Trump asserted that the only reason communities should reject data centers is if they want to be “backwards and poor.”

The public may see data centers as a physical manifestation of AI advancement in general, said Camille Crittenden, executive director of the Center for Information Technology Research in the Interest of Society, a University of California research center. Opposing data centers offers people a way to vent their broader concerns about the technology’s increasing dominance.

Priest Luke Martinez expresses concerns during the community meeting .

“This is a very specific focal point for a general anxiety about AI,” she said. “People see these data centers, and they’re thinking, ‘AI’s going to take my job.’”

The backlash from residents in the Central Valley to the possibility of even a small-scale data center demonstrates how acutely the issue has put many Americans on edge.

“It really is terrifying,” said Lucy Gomez, 57, of Hanford, a retired teacher. “I feel like we’re being guinea pigs when we don’t want to be.”

Increasing influence

Community anger about the facilities has prompted close attention from California lawmakers, who passed legislation in Sacramento on Monday to regulate energy use by the data center industry and impose other requirements.

California is home to the third-most data centers of any state, though it has experienced a relatively smaller new boom because of its high electrical prices and other factors. Still, 54 new facilities were in the works for the state as of April, according to Pew.

Hanford Councilwoman Kimber Regan speaks with Mayor Mark Kairis during the meeting. Hanford’s zoning ordinances do not allow data centers, but the city does not have jurisdiction over the county fairgrounds site where Global Stack is evaluating its proposal.

In Georgia and Pennsylvania, New York and Texas, Nevada and Virginia, the issue has become hot-button in elections at all levels. Ads about data centers run on the airwaves in states with key congressional races. Gubernatorial candidates jockey over it; both New York Gov. Kathy Hochul, a Democrat, and Texas Gov. Greg Abbott, a Republican, put temporary moratoriums on new data centers.

A memo from the Republican senatorial campaign arm underscored how critical the question was becoming last month, when it warned AI companies that data centers could be the deciding issue in the close race between Ohio GOP Sen. Jon Husted and former Sen. Sherrod Brown, his Democratic challenger.

Data centers “are the anchor hanging around Husted’s neck,” said the memo, which was first obtained by Axios. “If he loses and data centers get the blame, politicians across the country will take notice — and they will not go near the next one.”

Sixty-one percent of Americans would oppose a data center being built where they live, a late August poll by the Economist and YouGov found.

Though Democrats and independents were more likely to oppose the centers, 47% of Republicans also said they would oppose it, and 52% of people who voted for Trump in 2024 said they believed construction of a new data center would increase their electrical bills.

Data centers encapsulate existing concerns among red and blue voters across the nation and in California about their quality of life and the influence of major tech companies, said Sonoma State University political science professor David McCuan.

“California has a lot of communities that have been struggling and trying to find a way forward, and the data center debate captures those voters’ frustrations,” McCuan said.

Political winds

The historic Bastille, which served as Kings County’s jail and sheriff’s office from 1897 until 1964, stands tall next to the courthouse in Hanford’s Civic Center Park.

The idea for a center on the Kings County fairgrounds is part of a broader pitch by developer Global Stack USA to boost the state’s emergency infrastructure by installing small-scale data centers, helipads and parking garages at fairgrounds around the state.

Global Stack Chief Executive Dan Kang said the goal was strengthening the state’s emergency response capabilities while helping fairgrounds financially. The company’s early materials envisioned operating 70 sites by 2030.

The company has not made any formal proposals, but in Kings and Tulare counties, the issue caught attention after fair officials agreed to allow Global Stack to evaluate their sites. The idea also prompted some residents to voice opposition in Ventura County last month.

The facilities would include what’s known as an edge computing data center, which typically is much smaller than traditional data centers and which Global Stack says would require lower utility use and no municipal water connection.

Concerns about water and energy use by data centers are legitimate, said Shaolei Ren, a UC Riverside engineering professor who studies AI. Centers like the one proposed by Global Stack do not guzzle water the way larger ones do, but they still can use extra power or generate air and noise pollution, Ren said.

In Kings County, the project potentially could benefit the fairgrounds as a long-term revenue source, said Dena Rizzardo, chief executive of the fair board, a state entity that would have final say over any proposal. Because fairgrounds are state property, local and county officials don’t have jurisdiction.

Kang said he is committed to working with local communities to ensure “any path forward reflects local needs and California’s broader resilience priorities.”

In the district’s congressional race, which could help decide control of the House in November, Democratic nominee Randy Villegas said he has been getting questions about data centers from voters. Last month, he released a set of policy points and called for a data center moratorium of at least a year to give Congress time to pass regulations.

Democratic congressional candidate Randy Villegas urged meeting attendees to lobby federal lawmakers to pass legislation regulating data centers.

“The advancement of technology … should not be an excuse to throw our communities under the bus,” Villegas said at the Hanford meeting, where he addressed the friendly crowd without identifying himself as a congressional candidate. A College of the Sequoias professor, he is attempting to unseat Republican Rep. David Valadao.

Valadao, in a statement to The Times, said data center construction requires a “responsible approach” that includes local input and ratepayer protections.

“Data centers play an important role in our economy and national security, but Central Valley families are already facing high electric bills and concerns about our water supply,” Valadao said. He did not answer questions about the proposal in Hanford.

Several attendees at the Hanford meeting, who ranged from Gen Z to elderly, said the issue would affect their midterm votes, though most said they already were leaning to the left.

Gomez, the retired teacher, was not happy with either party but planned to vote for Democrats because she viewed them as taking more action to protect public health than Republicans.

Ember Gomez listens to speakers while her father, Filiberto, looks on during the meeting. Filiberto Gomez said he was concerned a data center would affect children’s health.

Courtney Hawkins, 40, said the data center issue “absolutely” would carry weight in his votes.

“I believe that AI is good for propelling technology in general,” Hawkins said, “but I don’t believe we should be pursuing it without regulations and at the cost of the environment.”

The U.S. Central Command (Centcom) said that its forces struck three Iranian oil tankers on Saturday after Iran launched ballistic missiles towards two of its Navy warships, signaling the latest retaliatory strikes between the parties this week.

Iran’s Islamic Revolutionary

The US military says it has hit three Iran-linked oil tankers after ballistic missiles were launched towards two of its warships in the region.

US Central Command (Centcom) said on Saturday it had “permanently disabled” a tanker near Kharg Island and another near the Strait of Hormuz, and “completely destroyed” a third in the Gulf of Oman.

Centcom said it “successfully evaded” multiple attacks from the Islamic Revolutionary Guard Corps (IRGC) targeting a US aircraft carrier and guided-missile destroyer. No American troops were harmed, it said in a statement.

Iranian state media earlier reported that one of its tankers had been struck off the coast of Kharg Island.

Tehran did not immediately acknowledge attacks on US ships.

Admiral Brad Cooper, Centcom’s commander, said in a statement on Saturday: “Let the message to the IRGC be clear: If you shoot at two of our ships, we will impose an even higher economic cost – taking out three of yours.”

“We will not hesitate to defend American forces, and if necessary, destroy Iran’s limited and exposed oil fleet.”

Centcom, which oversees US military operations in the Middle East, claimed that the three Iranian oil tankers were “part of a multibillion-dollar shadow network that funds the IRGC and its regional proxies”.

The strikes come nearly a week after renewed attacks between the US and Iran, which followed a period of relative calm between the warring sides.

Resignations come after documentary alleges party arranged for overseas company to fund polling.

Two officials from Britain’s Reform UK have stepped down amid the latest in a series of funding scandals for the far-right political party.

Party officials James Orr and Dan Jukes announced on Friday that they would step down, following the broadcast of an investigative television documentary. The party, which has seen support slide amid numerous reports regarding infringement of party donation rules, said it would launch a probe into the latest allegations.

The undercover investigation by Channel 4 News alleged that the Reform UK officials breached political donation rules by arranging to have polling paid for by an overseas company.

In the documentary, Jukes is seen suggesting to an undercover reporter how to evade electoral law to make donations to the party from abroad.

Sitting at the table, Party leader Nigel Farage says all is “above board” as the reporter tells him that he has been in talks with Orr for some time.

The resignation of long-term Farage aide Jukes, and Reform’s head of policy Orr, comes on the eve of the party’s annual conference.

Farage – who has been dogged by questions over money received on a personal basis as well as by Reform in recent months – insisted on Friday in a radio interview that the party has “broken no laws”.

However, he added, “entrapped conversations don’t look good, and that’s why we’ve [launched the party investigation]”.

A spokesperson for London’s Met Police said it was “aware of media reporting … involving political party donations and an alleged breach of the Political Parties, Elections and Referendums Act 2000 relating to polling”.

The ruling Labour Party, as well as the opposition Liberal Democrats, said they had reported Reform to the police following the revelations, which the anti-immigration party initially dismissed as a “hoax”.

Farage sought to hit back by accusing other political parties of “selling peerages”.

“In the world of political funding, all sorts of things have been done over decades that are wrong,” he asserted. “We as a party have done nothing wrong. A couple of our contractors have said things that shouldn’t have been said.”

Amid the series of funding scandals to have hit Reform in recent months, the disclosure of an undeclared personal gift of 5 million pounds ($6.7m) to Farage by cryptocurrency billionaire Christopher Harborne has done the most damage so far.

Both criminal and parliamentary investigations into Harborne’s donations – he has also given Reform more than 25 million pounds ($33.6m) – are continuing.

Scrutiny is focused on Tether, Harborne’s cryptocurrency, which has been widely linked to drug cartels, fraud and human trafficking.

Amid the storm, Farage made international headlines by resigning his parliamentary seat to prompt a by-election, in which he cast himself as taking on “the establishment”.

With other major parties dismissing the move as a stunt and refusing to put up candidates, the populist leader won comfortably, although the nearly 10,000 votes achieved by his closest rival, “intergalactic space warrior” Count Binface, illustrated significant opposition.

KYLIE Minogue shares some unseen throwback snaps to celebrate Can’t Get You Out Of My Head becoming her first billion-streaming hit.

The pop icon, 58, also told of her pride as the hit surpassed the Spotify milestone 25 years after its release on September 8, 2001.

The video, showing her in outfits including a deeply-plunging white number slashed to both thighs, was a fan favourite.

She wrote: “Thank you to everyone all around the world who has streamed and sang and danced and loved!

“Way before streaming, here I am doing wardrobe and glam tests in preparation for the video.

“Someone tell her she’s hit a billion.”

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The song is currently streamed around 850,000 times per day.

It was the lead single from her acclaimed album, Fever.

The single topped the charts in more than 40 countries with over five million sales globally.

The Aussie may be popping champagne corks but, in an interview with Vogue Australia this week, she said she had reigned in her drinking since her wildest days.

She joins the billion stream club alongside stars including The Weeknd, who tops the chart with 5.5billion streams for hit Blinding Lights.

Ed Sheeran comes a close second with Shape Of You, with 5.1billion.

Earlier this month she said: “I do believe that it has its place in that realm..

“Sonically and visually and at that point in my life, I think, what was I? What, 32? I was settling into myself.”’

It was part of her 21st century comeback after establishing herself with early hits from Stock, Aitken and Waterman and then dance label Deconstruction.

But Can’t Get You . . . was, says Kylie: “Like riding a spaceship.”

Don’t ever doubt the toughness of Max Eldridge from Corona Santiago High.

During football season, he’s a 6-foot-3, 220-pound defensive lineman who loves to make quarterbacks feel uncomfortable. He recorded four sacks in the season opener last week against Yucaipa and another on Friday against Temescal Canyon.

As an outfielder-pitcher for the baseball team, he showed off power with his bat and arm. He had eight home runs last season. He’s committed to UC San Diego for baseball.

For him to keep playing football even though baseball will be his sport in college shows that he wants to make his senior year memorable and enjoy his final months playing with his best friends.

This is a daily look at the positive happenings in high school sports. To submit any news, please email eric.sondheimer@latimes.com.

A special type of indie film teaches you how to see it as you watch it — not as an instructor might a student, but as an ally would a new acquaintance. Shatara Michelle Ford’s sophomore feature, “Dreams in Nightmares,” about a road trip, a friendship and a Black queer landscape anchored by care, has that quietly confident appeal, like being invited into something intimate, then let free when your curiosity is at its zenith.

Ford made their name with the micro-indie, micro-focused “Test Pattern,” an act of upending as it dissected an interracial relationship’s fault lines in a moment of crisis. (It’s on the Criterion Channel now.) This time, with the drive of a born iconoclast, Ford sheds plot even further — save the loose construct of three besties in search of their absent fourth. What emerges, as the plot spans a North America whose inviting (or alienating) textures are attentively captured by cinematographer Ludovica Isidori, is an ode to the centering of chosen family when the realities of life, especially for people of color, always seem to demand soul-crushing acquiescence.

For creative writing professor Z (Denée Benton), recently let go from her Los Angeles-based university and uncertain about her future, a recurring dream featuring black-and-white imagery, a door and an enticing expanse of nature puts her in a journeying state of mind. Hopping to Brooklyn to connect with Tasha (Sasha Compère), a nervy consultant also recently shorn from her job, and Lauren (Dezi Bing), an emerging poet, this close-knit trio first decides to go dancing, then to seek out their celebrated artist pal Kel (Mars Storm Rucker), last heard from in the Midwest and who’s cut off all communication.

That framework, though, isn’t treated like some act-structured gauntlet in Ford’s telling. This is a road trip, after all, in that having a direction — to Pittsburgh, then Iowa City, Kansas City, Santa Fe and across the border — allows for some directionlessness, for different speeds, artful touches (conversations that become camera-facing interludes) and delicate epiphanies of feeling. The trio stops for a lively trans poetry reading. There’s a comically weird dinner with Kel’s ex, Sabrina (a scintillatingly eccentric Jasmin Savoy Brown). A stopover to see Kel’s parents (Regina Taylor and Robert Wisdom) illuminates, for better or worse, where some of these friends have come from and why moving forward matters.

In not adhering to the expected rules of conflict-based drama, “Dreams in Nightmares” can confound. But when you realize that this is exactly the point of Ford’s open-ended exploration, you begin to understand why Ford would rather create a roving, sensorial continuum that feeds intrigue (kudos to composer Ohyung) instead of cornering you. The performances bear that out, from Benton and Bing’s steady inner light to Compère’s coiled, watchful Tosha, a compelling portrait of skepticism inside this cocoon of warmth.

Yet of course, just when Tasha appears to be a fulcrum for narrative revelation, Ford re-balances everything, in waves of grace and gentleness, to remind us that sometimes the less we label, the more we’ll observe about the abiding importance of love and belonging. Ford has internalized the humanity of filmmakers like Mike Leigh, Hou Hsiao-Hsien and Jim Jarmusch. Even the most awkward parts of the film feel uniquely alive. But as “Dreams in Nightmares” wends its way to a close, it’s also easy to believe you’re witnessing a percolating virtuosity that’s all Ford’s own.

Nvidia posted quarterly revenue of $96.2 billion (€82.4bn) on Wednesday, comfortably beating the $92.2 billion (€79bn) Wall Street had expected, as chief executive Jensen Huang declared that artificial intelligence had reached “its inflection point” and guided next quarter revenue to $108 billion (€92.5bn) — again, above forecasts.

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“AI has reached its inflection point,” Huang said in a statement. “It’s doing useful work. Its tokens are productive and profitable. Now, compute is revenue, and demand is accelerating.”

Shares initially dipped after the release before recovering in after-hours trading.

Days on which Nvidia reports its quarterly results have an outsized importance for the world’s most valuable company.

At a market capitalisation north of $5 trillion (€4.3tn) it is the most valuable company in the world, worth more than the GDP of Japan, the fourth largest economy in the world.

Yet there is a strange rite that plays out each quarter: Nvidia beats expectations, and the stock falls anyway. It happened after the first-quarter beat this year, when shares slid close to 5% in the days that followed.

The pattern has left a dynamic where the company needs to significantly outperform an already-bullish consensus, or provide a stronger-than-expected outlook, to move the share price higher.

The concentration problem

The main concern around Nvidia is not whether it can grow; it is more of a question of who it is growing for.

The firm still draws the bulk of its revenue from Amazon, Google and Microsoft, each of which is now designing its own chips to reduce reliance on the company. The new disclosure will show precisely how large that dependence remains.

Chief Executive Jensen Huang’s commentary on demand into 2027 therefore carries more weight than any single figure. The question has grown sharper since July, when markets fell on doubts about whether vast AI investments will ever generate proportionate returns.

Nvidia’s answer has been to help finance the buildout itself. This month alone it assembled a $500bn (€428bn) capital pool with six Wall Street asset managers for data centre projects, and separately committed up to $105bn (€90bn) to back an OpenAI data centre in Pike County, Ohio, with an initial capacity of 4.25 gigawatts and an option for a further 3.75.

The China wildcard

Export policy to China has been one of the most volatile threads in Nvidia’s recent history and is likely to feature heavily on the earnings call.

Washington barred sales of the China-specific H20 chip in April 2025, reversed course, and Nvidia has since received approval to ship the more capable H200 chip to vetted Chinese customers.

Reports have surfaced of large allocations to ByteDance and Tencent, though Beijing has been encouraging domestic firms to limit their purchases and prioritise homegrown alternatives.

Vera Rubin and the road ahead

Nvidia’s current growth is being driven by its Blackwell chips, the generation of processors powering most AI data centres today. Their successor, known as Vera Rubin, is expected to begin shipping in the second half of the year.

Nvidia has a tradition of naming its chip architectures after scientists and past generations include Ampere, named after physicist André-Marie Ampère; Hopper, named after computer scientist Grace Hopper; and the current Blackwell chip named after mathematician David Blackwell.

Vera Rubin continues that pattern. She was an American astronomer whose observations of how galaxies rotate provided some of the strongest early evidence for the existence of dark matter, the invisible mass thought to make up much of the universe. She died in 2016 and is widely seen as someone who was overlooked for a Nobel Prize during her lifetime,

The company has pointed to an order backlog it says is worth around $1 trillion (€857bn) across 2026 and 2027, though that figure comes from company commentary rather than independently verified financial disclosure.

A week stacked with catalysts

Wednesday’s data offered no relief on inflation.

The personal consumption expenditures index, the Federal Reserve’s preferred gauge, rose 0.2% in July against expectations of 0.1%, leaving the annual rate at 3.7% rather than easing to the 3.6% forecast. Core prices held at 3.3% over the year, above the Fed’s 2% target for a 65th consecutive month.

The Federal Open Market Committee held rates at 3.50% to 3.75% in July, with three regional Fed presidents dissenting in favour of a quarter-point increase.

Markets currently put the probability of a September hike at around 40%.

Attention now shifts to Jackson Hole, where Fed Chair Kevin Warsh delivers his keynote on Friday morning, his first since taking office in May, 19 days before the next rate decision. The ECB’s Isabel Schnabel joins a panel the same afternoon.

US stock markets drifted through a quiet session on Wednesday after data showed inflation last month was a touch higher than economists had expected.

The S&P 500 edged down less than 0.1% and remains near the all-time high it set earlier this month. The Dow Jones Industrial Average dipped 0.2% and the Nasdaq composite slipped 0.1%.

Treasury yields ticked higher after the inflation update, which has traders still largely betting the Federal Reserve will raise the federal funds rate before the end of this year. Oil prices fell after another volatile session.

A FURIOUS Scarlett Moffatt today hit back after a complete stranger told her that she looks “humongous”, as she reaches the final stages of her pregnancy,

The I’m A Celeb star, 35, is currently expecting another baby boy with her fiance Scott Dobinson, but her pregnancy has been far from smooth sailing so far.

Scarlett, who is also a mum to Jude, two, today revealed she had been told she was “huge” by someone she didn’t even know, while at a party – and that it had happened before.

Venting on her Instagram Stories, the heavily pregnant Gogglebox star, who is due to give birth next month, said: “I’ve had women come up to me and tell me I look huge.

“I’m not even joking. Like people are actually just coming up to us.

“I was at my nanny’s party and a woman came up to me and this is where it started and then it’s carried on.

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“She didn’t even say hello, she went, ‘Oh my goodness, you look humongous!’

“What am I meant to say to that? I know they’re not saying it to be mean, but let’s not, let’s just not, let’s just not.

“Let’s just not comment on anyone’s bodies, whether they’re pregnant or not.

“Because I don’t know how to respond to someone telling me that I look huge.

“Cause I’ve still got a little while left of my pregnancy as well. It’s not like. I’m like literally about to drop.”

This latest revelation comes after Scarlett opened up to The Sun about the tough time she has had so far with her second pregnancy.

“The first trimester was horrific,” she told us earlier this month.

“With Jude, I was lured into a false sense of security – I kept thinking that all my friends who were pregnant were dead whingey because I had no morning sickness or any symptoms other than the fact I could feel him moving about.

“But this time, the first trimester I was still working and filming and I was getting bad travel sickness – I’ve never had that in my life before. I was also running off to throw up at work.”

Scarlett welcomed Jude in November 2023, and just a few weeks later Scott proposed to her.