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Global markets experienced a sharp selloff in tech stocks, with the KOSPI falling 7.57% and Nasdaq futures down 1.03%, signaling continued declines when U.S. markets open despite positive earnings from TSMC and Apple reaching a $5 trillion market cap.
Global stock markets experienced a sharp selloff driven by tech stock declines, with the South Korean KOSPI falling 7.57% and futures signaling continued losses as markets open in New York.
Culture Secretary Lisa Nandy has said she is "minded to intervene" in Sky's proposed £1.6bn deal to buy ITV's media and entertainment division, citing concerns that the merger could affect free expression in media and the variety of Britain's news landscape.
Dentons CEO Kate Barton argues that in an age of AI automation, human trust and authentic relationships remain irreplaceable competitive advantages that drive innovation and business success.
Wholesale prices surged 6.3% annually in September, marking the largest gain since 2022, as energy costs spiked amid geopolitical tensions. The producer price index reading vastly exceeded economist forecasts, signaling continued inflationary pressure on the economy.
AI-native home care startup Abby Care has raised $82 million in Series C funding to train family members to become certified, paid caregivers for patients requiring home-based care. The round was led by Transformation Capital and includes investments from CVS Health Ventures, Pivotal Ventures, and existing backers like Khosla Ventures and Sequoia.
While the biotech industry appears to have a positive year on the surface with the XBI up 24%, many investors are losing money as underlying market troubles emerge beneath the headline numbers.
HP's CTO for the Nordics and Benelux regions discusses how the company is transitioning from hardware-focused to solution-oriented business, while navigating AI adoption securely and maintaining team motivation amid rapid technological change.
UK Chancellor John Healey has called the economy's stronger than expected performance in August a "sign of resilience," with growth figures showing 0.1% monthly growth that defied analyst forecasts of contraction. The positive data comes ahead of Healey's first Budget announcement in two weeks.
A global sell-off in AI and semiconductor stocks has wiped over $1 trillion from market caps this week, with Nvidia, AMD, and Micron leading declines as investors grow concerned about higher borrowing costs impacting massive capital spending needed for AI infrastructure.
Over $600 million in trading volume occurred on Polymarket's election contracts for Ethiopian and Romanian races after outcomes were already decided, with experts identifying the activity as likely wash trading or volume manipulation schemes.
Iraq devalued its currency by nearly 15 percent to address revenue shortfalls caused by disrupted oil exports, but the move has left traders facing sudden losses and pricing uncertainty.
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The UK's economy recorded surprise growth of 0.1% in August, defying analyst expectations of contraction, with the three-month growth rate reaching 0.7% ahead of Chancellor Healey's first Budget.
AI giant Anthropic reported a 45% revenue surge to $16.8bn in Q3 2026 and announced profitability for the second consecutive quarter as it prepares for a stock market listing before year-end.
The United Kingdom has sanctioned Cryptomus, a cryptocurrency platform that serves as a major payment conduit for ransomware, cybercrime, and illicit activities supporting Russia's wartime economy. The platform, which has operated under multiple aliases including Heleket and Certa Payments, has processed over $7 billion in transactions since 2022.
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Compass Pathways CEO Kabir Nath emphasized a cautious rollout approach for the company's psychedelic therapy COMP360, warning that negative early patient experiences could damage the broader psychedelics sector ahead of potential FDA approval.
U.S. consumers face one of the longest stretches of elevated inflation on record, with the Federal Reserve concerned that Americans are beginning to accept high prices as a permanent "fact of life," potentially undermining the effectiveness of monetary policy.
U.S. consumers are experiencing one of the longest stretches of elevated inflation in recent history, with some now accepting high prices as a new normal, raising concerns among Federal Reserve officials about entrenched inflationary expectations.