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Prediction markets are turning Washington into a casino

Prediction markets are turning Washington into a casino

In a city where almost everyone is privy to some kind of inside information, betting on politics has jumped ahead of mid...

52 minutes ago
At least 10 killed in collision of high-speed trains in Spain

At least 10 killed in collision of high-speed trains in Spain

Crash near Toledo south of Madrid follows death of 46 in Andalusia rail accident in January...

3 hours ago
Why even America’s ‘haves’ are feeling the squeeze

Why even America’s ‘haves’ are feeling the squeeze

Rising costs everywhere from insurance to lawn care mean almost half of US homeowners lack financial breathing room...

3 hours ago
Bolsonaro lands in US after fleeing Brazil following election defeat

Bolsonaro lands in US after fleeing Brazil following election defeat

Rightwing politician and son of jailed ex-president Jair Bolsonaro arrived in Florida on Tuesday evening...

4 hours ago
European bank profits beat expectations in third quarter

European bank profits beat expectations in third quarter

Major lenders reporting on Wednesday include Deutsche Bank, BNP Paribas, Santander and Standard Chartered...

6 hours ago
Healey puts UK energy reform at centre of his ‘do no harm’ Budget

Healey puts UK energy reform at centre of his ‘do no harm’ Budget

Chancellor to pledge extra support for businesses, entrepreneurs and households during ‘difficult moment’...

13 hours ago
No clear winner in Israeli parliamentary election, exit polls suggest

No clear winner in Israeli parliamentary election, exit polls suggest

Neither Benjamin Netanyahu nor Gadi Eisenkot forecast to secure majority, according to TV surveys...

16 hours ago
Flávio Bolsonaro’s passport cancelled as reports say he has fled Brazil

Flávio Bolsonaro’s passport cancelled as reports say he has fled Brazil

Defeated rightwing presidential candidate is under investigation by federal police over alleged corruption and money lau...

17 hours ago
Law firm Weil prepares for possible wind-down as crisis deepens

Law firm Weil prepares for possible wind-down as crisis deepens

Big Law powerhouse working with Davis Polk on options that also include last-minute merger or slimmed-down entity...

19 hours ago
Anthropic and the AI cluster effect in fundraising

Anthropic and the AI cluster effect in fundraising

$95bn equity issue plan by Meta as rival conducts IPO shows the Hotelling effect...

23 hours ago
GM to switch listing from NYSE to Nasdaq as it accelerates AI push

GM to switch listing from NYSE to Nasdaq as it accelerates AI push

Move marks another blow for Big Board as tech-forward rival attracts some of world’s most valuable companies...

23 hours ago
Lula faces a fiscal reckoning after Brazil’s market rout

Lula faces a fiscal reckoning after Brazil’s market rout

Concerns about management of economy trigger worst day for currency in more than 25 years...

23 hours ago
Putin speaks with Norwegian and Finnish leaders

Putin speaks with Norwegian and Finnish leaders

Call is first contact at this level in more than a year as Russia and Ukraine prepare for US-brokered peace talks...

1 day ago
Israelis go to the polls in historic election

Israelis go to the polls in historic election

First vote since October 7 2023 attack pits Netanyahu’s far-right coalition against opposition bloc in knife-edge contes...

1 day ago
Bolsonaro says he was forced to surrender passport as his party concedes election

Bolsonaro says he was forced to surrender passport as his party concedes election

Hard-right Brazilian candidate is under criminal investigation related to an alleged money-laundering scheme...

1 day ago
Tech stocks rally as AI trade revives

Tech stocks rally as AI trade revives

Asia follows Wall Street higher in wake of Anthropic’s long-awaited IPO filing...

1 day ago
HSBC shares slide as results disappoint

HSBC shares slide as results disappoint

Third-quarter profits and revenues at Europe’s biggest bank narrowly miss expectations...

1 day ago
‘Bold but sane’: what we learnt from Anthropic’s 240,000-word IPO filing

‘Bold but sane’: what we learnt from Anthropic’s 240,000-word IPO filing

Prospectus details AI lab’s ‘mission’, $800bn data centre commitments and extraordinary governance structure...

1 day ago
Brazil’s markets tumble as investors bet Lula will add to fiscal pain

Brazil’s markets tumble as investors bet Lula will add to fiscal pain

Investors had been positioned for victory by rightwing Bolsonaro, seen as more willing to tackle budget deficit...

1 day ago
Who are the students set to govern Serbia?

Who are the students set to govern Serbia?

Amorphous Student List movement has yet to nominate a prime minister candidate after Aleksandar Vučić’s election defeat...

1 day ago
Anthropic publishes long-awaited IPO prospectus

Anthropic publishes long-awaited IPO prospectus

AI company sets out its pitch to investors as the debate over the safety of the technology intensifies...

2 days ago
Iran hosts regional powers for talks to prevent renewed escalation

Iran hosts regional powers for talks to prevent renewed escalation

Senior security officials from Saudi Arabia, Pakistan and Turkey to meet Iranian counterparts in Tehran on Monday...

2 days ago
Lula is re-elected Brazil’s president in knife-edge vote

Lula is re-elected Brazil’s president in knife-edge vote

Victory of 80-year-old leftist over Flávio Bolsonaro is blow to Trump’s plan for greater US influence in Latin America...

2 days ago
Why students in a Pennsylvania midterm battleground fear AI is about to kill their future

Why students in a Pennsylvania midterm battleground fear AI is about to kill their future

Young people are increasingly anxious — and angry — at a Big Tech revolution and what it means for their job prospects...

3 days ago
Ukraine military says Starlink service restrictions have been removed

Ukraine military says Starlink service restrictions have been removed

Slowdown in drone communication system hampered Kyiv’s ability to defend itself against Russian strikes...

4 days ago
Gadi Eisenkot, the Israeli ex-military chief challenging Netanyahu

Gadi Eisenkot, the Israeli ex-military chief challenging Netanyahu

The grizzled 66-year-old who heads the centrist Yashar party is in a knife-edge race to oust the premier...

4 days ago
Zuckerberg’s deal to stay in California cheered by wealth tax campaign

Zuckerberg’s deal to stay in California cheered by wealth tax campaign

Supporters of the tax say many billionaires threatening to leave the state will not go...

4 days ago
Trump administration moves to block certification of Alaska Senate election

Trump administration moves to block certification of Alaska Senate election

Candidates’ similar names could ‘taint’ the result, argues the US Justice Department...

4 days ago
Gold drops below $4,000 as ‘haven’ asset joins market sell-off

Gold drops below $4,000 as ‘haven’ asset joins market sell-off

Price has plunged this week even as investors rush to safety of US Treasuries...

4 days ago
Netanyahu threatens ‘aggressive’ offensive after West Bank shooting

Netanyahu threatens ‘aggressive’ offensive after West Bank shooting

Two soldiers killed and three injured by Palestinian gunmen in attack that has stoked tensions before Israeli elections ...

4 days ago
Ukraine says Starlink speeds still throttled

Ukraine says Starlink speeds still throttled

Kyiv accuses Washington of intentionally slowing technology crucial for intercepting Russian attacks...

5 days ago
Oil hits $114 for first time since May as global stocks knocked by AI fears

Oil hits $114 for first time since May as global stocks knocked by AI fears

Markets face twin threats of surging crude prices and concern over durability of AI boom...

5 days ago
Anthropic strikes deal to launch European consultancy

Anthropic strikes deal to launch European consultancy

New company backed by Anthropic and UK buyout group Hg will advise companies on how to deploy AI...

5 days ago
Trump ordered to face BBC questioning in $10bn defamation lawsuit

Trump ordered to face BBC questioning in $10bn defamation lawsuit

President must appear by December 11 after attending campaign rally on date previously set for his deposition...

5 days ago
US to fund speculative fusion venture backed by investors with ties to Trump

US to fund speculative fusion venture backed by investors with ties to Trump

Commerce department to take $175mn equity stake in start-up that is financed by brother of the president’s son-in-law...

5 days ago
Macron warns some protests will be banned

Macron warns some protests will be banned

French president says labour unions can hold marches on Saturday but not other activists, in an effort to prevent more l...

5 days ago
‘Know Your Agent’ will be the new rule of the AI age

‘Know Your Agent’ will be the new rule of the AI age

As autonomous software does more, we need to focus on how to control its behaviour and establish accountability...

5 days ago
Europe’s moderates must stop treating politics as a spectator sport

Europe’s moderates must stop treating politics as a spectator sport

While centrists have retreated to myriad bubbles, extremists turn up, join up and organise...

6 days ago
Global stocks tumble as oil prices rise

Global stocks tumble as oil prices rise

Crude prices jump 3% while Eurozone bond sell-off deepens...

6 days ago
NSA warns on ‘critical’ cyber vulnerabilities detected using AI

NSA warns on ‘critical’ cyber vulnerabilities detected using AI

Researchers used OpenAI models to find severe faults in software used on majority of websites around the world...

6 days ago