This live blog is now closed – you can read the latest elections news here One apparent loser from Tuesday’s election was far-right national security minister Itamar Ben-Gvir, who was expected to better his party’s result of six seats from the 2022 elections. But instead there was stunned silence at ...
HP shifts production back to China as costs soarHP shifts production back to China as costs soar
Leading PC makers are shifting some production back to China as costs bite. Firms including US-based HP — which had planned to shift more than half of its production out of the country in a “China+1” strategy — are moving some manufacturing back to offset surging memory and storage chip ...
Investors eye Brazilian equities after election selloffInvestors eye Brazilian equities after election selloff
Brazil’s main stock index sold off further on Wednesday amid mounting fears over the country’s fiscal picture following the surprise election defeat of Flávio Bolsonaro, who then fled to the US. This week’s selloff was “much more about the positions the market had adopted in recent days” than “a reaction ...
Netanyahu becomes prediction markets’ favorite to be next Israeli PMNetanyahu becomes prediction markets’ favorite to be next Israeli PM
Benjamin Netanyahu is now oddsmakers’ favorite to stay on as Israel’s prime minister in its next government, which could take weeks or months to form, as the broader region braced for a period of prolonged uncertainty. Neither Netanyahu’s nor his main challenger’s bloc are poised to form a majority, but ...
Google stock falls after earnings missGoogle stock falls after earnings miss
Alphabet’s stock fell 7% in after-hours trading Wednesday after the company missed profit projections and increased its AI spending past $50 billion in the third quarter. The resulting cash burn stoked investors’ fears that hyperscalers aren’t generating enough revenue to justify their debt-fueled infrastructure investments. Meanwhile, Microsoft shares jumped after ...
Kalshi signs contract with Obama adviserKalshi signs contract with Obama adviser
The Scoop Kalshi has hired one of former President Barack Obama’s top advisers, political strategist Eric Schultz, a person familiar with the matter told Semafor — the latest sign of companies anticipating Democratic victories in Tuesday’s midterms. Schultz signed a short-term contract to serve as an out-of-house adviser to Kalshi, ...
New book makes fiery claims about Jared Kushner’s finances in Trump’s first termNew book makes fiery claims about Jared Kushner’s finances in Trump’s first term
Kushner threatens to sue, denying allegations that two slush funds were set up to influence his Middle East role A new book containing incendiary claims about Jared Kushner’s financial dealings during Donald Trump’s first term has ignited a political and media firestorm. The book by author Matthew Cole is called ...
High-speed train crash kills at least 68 people in SpainHigh-speed train crash kills at least 68 people in Spain
The crash, between a moving train and another that was stopped further up the track, was caused by an “inexplicable” error, the transport minister said. ...
Bloodied, dazed and angry – how passengers’ rail journey turned to disaster in SpainBloodied, dazed and angry – how passengers’ rail journey turned to disaster in Spain
Survivors of the train crash in Spain have spoken of their shock, panic and anger at the accident in Toledo province on Wednesday. ...
‘Like Saddam opened a Cheesecake Factory’: how did the restaurant end up in a Maga fight over ‘elitism’?‘Like Saddam opened a Cheesecake Factory’: how did the restaurant end up in a Maga fight over ‘elitism’?
Obama has been accused of ‘snobbery’ over his Trump diss, as people rush to defend the restaurant chain’s ‘affordable opulence’ Around lunchtime on Tuesday, a Rolls-Royce stopped at the intersection of Beverly Drive and Dayton Way in Beverly Hills, California. Local people in athleisure walked past Balenciaga, Dior and Prada ...