Global Markets Shaken as Tech Sector Faces Historic Sell‑Off
AI Index plunges 15% in a single trading session, marking its steepest decline since its inception.
African trade bloc introduces digital payments system
Common Market for Eastern and Southern Africa starts trials between Malawi and Zambia
HSBC to buy out Hang Seng Bank minority stake for $13.6bn in strategic Hong Kong bet
Hong Kong-based lender’s shares leap 26% after parent says it will buy out minorities
World briefs: EU’s Von der Leyen survives two no-confidence votes
In other world headlines China tightens export controls on more rare earths, Zelensky says strikes cut Russian petrol supplies 20%, CAA warns OpenAI’s Sora poses risks to artists, and more
What we know about the Israel-Gaza peace deal
Both Israel and Hamas have signed off on the first phase of the plan, which will facilitate the release of all hostages
International business briefs: PepsiCo beats quarterly forecast on steady global demand
From PepsiCo to Saudi Aramco, today’s global corporate news spans executive hires, trade ructions, a market correction warning and more
Laszlo Krasznahorkai wins 2025 Nobel prize in literature
NOBEL-PRIZE/LITERATURE (UPDATE 1, PIX, TV, GRAPHICS):UPDATE 1-Krasznahorkai wins 2025 Nobel Prize in Literature
Israel and Hamas agree to ceasefire and return of hostages
News of the deal prompts celebrations in Israel, Gaza and beyond
Fed officials favoured rate cut last month but remained wary about inflation
Federal open market committee split over the number of reductions still likely this year
France’s caretaker PM seeks common ground to avert snap election
Sébastien Lecornu strikes hopeful tone on securing 2026 budget deal amid deep political crisis
Hamas, Israel edge closer to Gaza truce under Trump peace plan
Militant group submits hostage-swap lists and voices optimism as talks in Egypt focus on ending war
Nobel chemistry prize honours pioneers of ‘molecular sponges’
Trio recognised for creating metal-organic frameworks that trap carbon, harvest water and store gases
International business briefs: ExxonMobil returns to Iraq
From ExxonMobil’s return to Iraq to Verisure’s stellar Stockholm debut, today’s global corporate news spans energy, tech, automotive, construction, and biotech
EU unveils €1bn drive to boost homegrown AI
New Apply AI strategy aims to cut reliance on US and Chinese tech and ease compliance burdens for start-ups
New Stellantis CEO makes big changes to executive team
Antonio Filosa, who took the helm in June, is fast-tracking efforts to reverse two years of falling sales, shrinking profits and stagnant models













