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Latest news from trusted sources around the world
Manchester developer ordered to pay £46.5mn cost of post-Grenfell repairs
Property tribunal rules that Urban Splash should pay bulk of bill to fix safety defects at seven of its blocks in the city
Duke Energy's Data Center Bet
Duke Energy says it can meet rising data center demand without shifting the costs to households. CFO Brian Savoy joins Bloomberg Open Interest to explain …
Blue Origin delays launches until 2027
Jeff Bezos’s rocket company slips further behind Elon Musk’s SpaceX following devastating explosion
The Data Center Fight Is Just Beginning
Voters across America have not only come out against data centers, but also presented a challenge to the AI billionaires behind them. Victorious Democrats must …
US Companies Announce Fewest October Job Cuts in Three Years
US employers announced the fewest number of job cuts for any October since 2023, while hiring plans picked up as companies began gearing up for …
The midterms have already cost Musk almost $120bn
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More Americans Are Relying on Inheritance to Buy First Home
First-time homebuyers are not only historically old but also increasingly reliant on family wealth.
Cocoa Falls to One-Month Low as Warehouse Stockpiles Rise
Cocoa futures in New York fell to the lowest level in a month as rising stockpiles and muted demand growth provide more of a cushion …
Tech Rout Erases Record $2.3 Trillion in Value as AI Fears Grow
Technology stocks plunged the most since 2020 on Thursday as investors exited the sector on concerns over the artificial intelligence trade after Democrats swept the …
Bomb threats issued on 14 more European flights
Experts claim disruptions are co-ordinated campaign to disrupt air travel across the region
BT shares rally as investors sense ‘show me the money’ moment
Better than expected profits fuel optimism that heavy network investments will pay off
ECB’s Zigman Sees ‘Rather Big Chance’ of December Rate Hike
The European Central Bank is likely to raise borrowing costs next month for the third time since the Iran war began, Governing Council member Ante …
Alphabet’s Search Dominance Is at Risk From Its Own AI Success
Since the artificial intelligence boom began, investors have worried about how Google’s dominance in internet search would hold up in an AI world.
A weakened Trump still leaves Britain on edge
President is a lame duck at home but his destabilising foreign policy may yet prove a challenge for the UK
Rheinmetall shares fall 17% as it cuts sales forecast after deal delay
Boxer armoured vehicle order delay is fresh setback for German defence group
South Africa’s ANC faces sharply reduced share of vote in local elections
Early results on Thursday suggest huge drop in support for party compared with 2021
European Stocks Reverse Gains as Tech Rout Builds, Defense Drops
European stocks pulled back from record high levels, as the technology sector tumbled alongside chipmakers in the US.
Air France-KLM Deepens Dutch Airline Overhaul; Stock Surges
Air France-KLM is deepening an overhaul of its Dutch subsidiary as the airline group grapples with higher fuel expenses and a cost-of-living crisis that’s starting …
Wheat Climbs as Weak Russian Export Outlook Fans Supply Concerns
Wheat advanced as a weaker outlook for Russian exports fueled concerns over global supplies, with Black Sea disruptions continuing to curtail shipments from the key …
China Bank Funding Costs Hit Record Low on PBOC Rate Shift
Yields on short-term debt issued by Chinese banks dropped to a record low after the central bank transitioned to the overnight repo rate as its …
Deborah Elms: Global Trade Is Being Reshaped at Higher Cost
Hinrich Foundation Trade Policy Head Deborah Elms says geopolitical conflicts and trade tensions are accelerating the rerouting of global commerce. She argues that corporate diversification …
Hong Kong Stocks Roar Back as Value Rotation Boosts China Tech
After languishing for much of the year in a prolonged slump, Hong Kong stocks are staging a fierce comeback as part of a rotation away …
India Stocks, Bonds Surge as Oil Plunge Eases Inflation Risks
Indian stocks and bonds rallied as a plunge in crude prices reduced inflation concerns and pressure on the external finances of the oil-importing nation.
US stocks post best day since August after Democrats sweep midterms
Hyperscalers surge and chipmakers fall as investors bet on winners and losers from expected backlash against the AI boom
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