Brazilian Markets Convulse After Unexpected Election Result

New York Times - Oct 26, 2026

President Luiz Inácio Lula da Silva’s re-election victory prompted a sharp reversal in financial markets that had expected his opponent to win.

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AI giant Anthropic unveils plans for blockbuster share listing

AI giant Anthropic unveils plans for blockbuster share listing

Oct 26, 2026

The company will be the first true artificial intelligence company to go public as tech firms continue to invest heavily in AI.

Musk Is Predicting ‘Guppy-level Death’ for Scores of A.I. Companies

Musk Is Predicting ‘Guppy-level Death’ for Scores of A.I. Companies

Oct 26, 2026

Elon Musk sees many artificial-intelligence infrastructure companies being shut out of the debt market, a warning that could weigh on markets.

Meta and SpaceX to Raise Billions More to Fund A.I. Ambitions

Meta and SpaceX to Raise Billions More to Fund A.I. Ambitions

Oct 26, 2026

The race to build artificial intelligence infrastructure is consuming increasingly enormous amounts of cash at the biggest tech companies.

Salon owners urge Budget VAT cut as staffing pressures grow

Salon owners urge Budget VAT cut as staffing pressures grow

Oct 26, 2026

Marcus Perkins, who owns a hair and beauty salon in Brierley Hill, says he is scared for the future.

Healey to shield low-income pensioners from income tax in the Budget

Healey to shield low-income pensioners from income tax in the Budget

Oct 26, 2026

Changes are needed to prevent the full, flat-rate state pension becoming liable for income tax after it rises in April.

Why Some People Are Paying to Make Friends

Why Some People Are Paying to Make Friends

Oct 26, 2026

Apps that match personalities — for a price — have surged in popularity amid a loneliness epidemic.

Could new US investment curbs complicate China’s biotech licensing surge?

Could new US investment curbs complicate China’s biotech licensing surge?

Oct 26, 2026

Chinese biotech firms face fresh headwinds in their global expansion as Washington’s proposed outbound investment restrictions threaten to disrupt deal structures, even though drug licensing agreements remain untouched for now, analysts say. The US Treasury Department’s draft rules released last week would “make it much harder for Chinese biotech firms to attract direct US investment or enter joint ventures”, according to David Zhang, an analyst at policy research firm Trivium China. US Treasury...

Chinese video AI models beat US rivals in visual quality, but lag on safeguards: HKU study

Chinese video AI models beat US rivals in visual quality, but lag on safeguards: HKU study

Oct 26, 2026

Chinese AI video-generation models have surpassed leading US rivals in visual quality, but several fall behind in safety safeguards, according to researchers at the University of Hong Kong. ByteDance’s Seedance 2.0 Pro took top spot in a ranking of 12 leading artificial intelligence video-generation models, scoring 3.84 out of 5 for visual quality. It outperformed Google DeepMind’s Veo 3.1, which scored 3.47, and OpenAI’s Sora 2 Pro, on 3.27, in a study led by Zhenhui Jack Jiang, professor of...

South Korea urged to guard chip profitability as China’s CXMT and YMTC gain market share

South Korea urged to guard chip profitability as China’s CXMT and YMTC gain market share

Oct 26, 2026

China’s expanding semiconductor industry is fuelling mounting anxiety in South Korea, where a new consultancy report has warned local chipmakers to defend profitability as Chinese rivals scale up production and strengthen market share. Samil PwC, the South Korean member firm of the global consultancy, said in a report made public on Monday that Chinese competition would likely heat up first in the areas of conventional memory, mature-node manufacturing, and packaging and testing. To stay ahead,...

Plans to create a wildflower meadow take shape

Plans to create a wildflower meadow take shape

Oct 26, 2026

Fairstead Recreation Ground is being planted with wildflowers to benefit insects and pollinators.

Fed-up driver builds AI litter tracker

Fed-up driver builds AI litter tracker

Oct 26, 2026

Robin Bennett says he created the app after getting frustrated by the amount of rubbish beside roads

The dump detectives on the trail of the fly-tippers

The dump detectives on the trail of the fly-tippers

Oct 26, 2026

The BBC joins environmental enforcement officers as they sift through illegally-dumped waste for clues.

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