Technology
Global stocks tumble as AI panic grips markets after Democrats’ midterm success – business live
Rolling coverage of the latest economic and financial news, as Asia-Pacific markets slide after Wall Street rout
Tag
#business
Finance
UK house prices fall at steepest rate in more than three years
October drop of 0.6% leaves average price of property at £296,285, says Lloyds, as high mortgage rates hit market
Technology
Multiple planes diverted as bomb threats to commercial flights reported across Europe – live
France confirms Dublin-Rome flight has landed in military base, while threats also reported in Italy, Bulgaria and Belgi...
Technology
Pound hits highest level since Brexit vote, with Bank of England expected to raise interest rates today – business live
Sterling is its strongest against a basket of currencies since 2016, as UK braces for first interest rate rise in over t...
Business
‘I never understood wind’: midterms spark hope for renewables after Trump’s hostility
Future brightens for US developers in particular after election when voters rejected Trump’s war on clean energy
Technology
Dollar falls while gold and US Treasury bonds rally as markets react to Democrats’ midterm election victory – business live
Democrats’ capture of Congress raise expectations of tougher regulation of AI sector; US stock futures turn positive, re...
Technology
US dollar slides after Democrats’ midterm election win as growth fears rise
Concern over prospect of greater AI regulation, while investors move into US treasuries as Trump faces political gridloc...
Technology
Primark to launch home service ‘by end of 2027’; Saudi state oil company reports jump in profits despite attacks – business live
Primark home delivery service to come before the chain is spun off from Associated British Foods; stock markets fall as...
Technology
Asda appoints former Morrisons boss as chief executive as sales struggle
David Potts to take over immediately, as executive chair Allan Leighton steps back to non-executive strategic role
Technology
Virgin Media O2 to cut thousands of jobs as it plans £800m cost savings
Up to 25% of 16,000 workforce could go as telecoms group says it will increase use of AI in areas including customer ser...
Business
Crypto ‘scammers on overdrive’ as Binance customers pull billions from accounts after $6.3bn hack – business live
Rolling coverage of the latest economic and financial news
Business
Nine big oil firms on track to share more than £95bn profit two quarters in a row
Windfall for oil corporations such Saudi Aramco and BP comes on back of soaring fuel prices driven by Iran war