German Inflation Falls to 2.8% in October, Beating Forecasts
Germany’s inflation rate eased to 2.8% in October, below expectations, as energy price rises slowed and core inflation cooled, according to provisional official figures.
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Wall Street Slides as AI Spending Fears Hit Big Tech
US stocks fell on Thursday as a record plunge in Alphabet shares revived fears that the AI spending boom is burning cash faster than it earns it — even as data showed the economy growing faster than expected.
Oil Climbs as Houthi Attacks on Saudi Arabia Raise Supply Fears
Oil prices rose on Friday and headed for a fourth straight monthly gain after Yemen’s Houthis claimed attacks on Saudi oil facilities, keeping fears of supply disruption at the centre of the market.
Lagarde to Step Down as ECB President in February
Christine Lagarde will leave the European Central Bank on 7 February 2027, nine months before her term ends, opening an early race to lead the euro zone’s central bank.
US Economy Grows 3.4% as Consumers and AI Investment Power Ahead
America’s economy grew at its fastest pace in a year in the third quarter, beating forecasts as households kept spending and companies poured money into AI infrastructure.
OpenAI Puts Human Intent at the Centre of Its New AI Behaviour Rules
OpenAI has rewritten the rulebook for how its models should behave, reorganising it around five values — starting with faithfulness to what humans actually intend.
Intel’s Weak Quarter Sends a Chill Through Chip Stocks
Intel shares plunged in after-hours trading after a weak quarter blamed on a slumping PC market — a reminder that not every chipmaker is riding the AI boom.
Younger People’s Bowel Cancer Is Biologically Different, Study Finds
Tumours in patients diagnosed with colorectal cancer before 50 differ at a cellular level from those in older patients, according to the largest study of its kind — a clue to why the disease is rising in the young.
Ukraine Pauses Strikes on Russian Refineries After US Pressure, Report Says
Ukraine’s long-range campaign against Russian oil refineries is reportedly on hold after pressure from Washington, as the US pushes to revive peace talks. The report has not been independently verified.
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