
The latest business and financial news from around the 🌍 with insights from @breakingviews. Our new daily podcast is here: https://xitter.cf/t.co/WoRUGLyyeH
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Joined June 2008
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Tesla is aiming to start selling its Cybercab robotaxis to the public by the end of this year, its engineering chief said, even as the US auto safety agency probes the vehicles that come without manual controls which federal regulations typically require reut.rs/4i0hydN
Tesla cut its annual capital expenditure forecast by a fifth and posted surprise positive free cash flow in the third quarter, after investing far less in its AI and robotics ambitions than Wall Street had expected. More here: reut.rs/3WFMebG
The shock of oil prices at a five-month high of $110 a barrel and gas prices in Asia and Europe hitting their highest levels since December 2022 is making its mark on household budgets.
As well as raising the costs of transport and heating, it adds to pressure on food, clothing and packaging prices and contributes to elevated levels of inflation and borrowing costs. More here: reut.rs/4dQSeUW
Some government websites in Europe and elsewhere went offline after vulnerabilities in PHP, a widely used programming language, were uncovered using AI. Cybersecurity Reporter Raphael Satter explains why. Read more here reut.rs/4jyVubl
How a flaw in PHP sparked a global security scramble - Technology
The tech-heavy Nasdaq led Wall Street to a higher close after quarterly results from SpaceX and Super Micro Computer improved investor appetite for artificial intelligence-related stocks. Read more here reut.rs/4jAddit
Nasdaq leads Wall Street gains, SpaceX, Super Micro lift AI – Business
Teck receives strike notice at Highland Valley Copper operation reut.rs/4hZX6tu reut.rs/4hZX6tu
Breakingviews - COMMENTARY: GSK is two shots away from clean bill of health reut.rs/4es00Vx reut.rs/4es00Vx
Thyssenkrupp to spin off materials trading division on October 28 reut.rs/4siLq8F reut.rs/4siLq8F
Teck receives strike notice at Highland Valley Copper operation reut.rs/4sfIpWJ reut.rs/4sfIpWJ
Thyssenkrupp to spin off materials trading division on October 28 reut.rs/4z7kjQC reut.rs/4z7kjQC
Former Hungarian central bank chief Matolcsy detained in foundations probe reut.rs/4k2tMnq reut.rs/4k2tMnq
WATCH: The Birkin has powered Hermes’ rise to become one of the most profitable luxury brands in the world. Its success was based on scarcity. Now, Birkins have become widespread on the second-hand market. Helen Reid finds out more reut.rs/4ia1THz
How the Hermes Birkin bag is losing its scarcity appeal - Business
South Africa is in the midst of a push to diversify its export destinations, a strategy driven both by a desire to harness new markets and the need to mitigate the fallout from its declining relationship with the world's largest economy: the United States reut.rs/4iwgBtD
South Africa eyes China's cherry market as US ties droop - Business
Investors are betting UK Chancellor John Healey will stick to fiscal discipline in his first budget. James Smith from ING told Reuters the biggest surprises could come from better-than-expected forecasts but for markets, a boring budget may be just what the doctor ordered
Market Talk: UK markets crave a 'boring budget' - Business
WATCH: From Microsoft pulling out of a major data center deal in the UK to ‘Klara and The Sun’ hitting the big screen, Francis Maguire rounds up the latest stories from the AI revolution reut.rs/4elAMrQ
AI Weekly: Microsoft delivers UK AI blow, Klara hits big screen - Tech
WATCH: Elon Musk said that a merger of his two companies SpaceX and Tesla would be 'a good idea' and that they had formed special committees to discuss a union, sending shares of the space and technology company up 8% in extended trading reut.rs/4z3f6Jx
Elon Musk says SpaceX-Tesla merger is 'a good idea' - Business
US President Trump said that companies building data centers should pay a ‘dividend’ to the communities where they are sited if they want to make the developments popular. More here: reut.rs/4jR5NYv
Swiss skincare firm Galderma, Brazilian cosmetics group Natura and beauty giant L'Oreal are testing treatments for consumers worried about facial sagging and volume loss, looking to capitalize on a growing market tied to the boom in obesity drugs. More here: reut.rs/4k5vLav
British inflation rose by more than expected last month, according to data that is likely to intensify calls for support for households in next week's budget and add to the case for an increase in interest rates by the Bank of England in November. More here: reut.rs/4z0aQKx
Britain approved the Jackdaw North Sea gas field, ending years of legal and political wrangling that had pitted the Labour government's climate commitments against its push to bolster energy security. More here: reut.rs/4yCOZIn