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The sun rises over frost-covered houses in December 2022 in London, England. Cold weather has returned in January, causing the U.K. power supplier to offer financial incentives for households to cut use at peak times.Leon Neal | Getty Images News | Getty ImagesLONDON — European stocks rallied at the start of the new trading week as a deal on a funding package that could end the U.S. government shutdown appears to be getting closer.The pan-European Stoxx 600 was up 1.2% in morning trade, with major bourses and almost all sectors in positive territory.The U.K.’s FTSE index was 0.7% higher at…
The COP30 logo is seen in front of the central building ahead of the COP30 Brazil Amazonia 2025 on November 3, 2025 in Belem, Brazil.Wagner Meier | Getty Images News | Getty ImagesU.N. climate talks get underway in Brazil on Monday, with delegations from almost every country set to convene on the outskirts of the Amazon rainforest to discuss how to tackle the climate crisis.The administration of U.S. President Donald Trump will be one notable absentee, however. The White House has confirmed it does intend to send any high-level representatives to the summit, marking an unprecedented absence of U.S. officials…
Key PointsMillennials favor alternative investments — such as venture capital and private markets — as a way of capturing innovation and growth opportunities, particularly in tech.Goldman Sachs Asset Management data shows alts now make up about 20% of millennials’ portfolios, while allocations to traditional equities are lower than older age groups.As private markets funds chase retail dollars, investment pros acknowledge that more work may be needed on investor education, including among millennials.Millennials are pouring more of their money into alternative assets, such as private equity and venture capital, in a seismic shift which marks a break from long-established investment trends.…
Innovation never follows a script. It accelerates, stumbles and surprises. Two years ago, a leaked Google memo warned that open-source models would someday erode the moat that seemed to protect the proprietary LLM developers. For a while, the proprietary developers defied this prophecy as they raced ahead in capabilities and reputation. By now, the memo appears more right than the worst-case projections of the time. More importantly, few could have predicted the kind and the quantity of parties that would seize the moment. A year ago, the idea of Chinese leadership in AI sounded implausible. Our series of articles, starting…
On November 4, Russia’s Finance Minister Anton Siluanov stated that almost all trade between Russia and China (99.1% to be exact) now happens outside the Western financial system in only rubles and yuan. This wasn’t just another number but a quiet, if not clear, signal that the age of the US dollar dominating everything is winding down. For the first time since World War II, the axis of global trade is no longer spinning solely around Washington and Wall Street. Just a few years ago, nearly every transaction between Moscow and Beijing ran through Western banks, was settled in dollars or euros and was…
Crystals of gallium are seen in a laboratory at Freiberg University of Mining and Technology in Saxony, Germany on 13 September 2023.Picture Alliance | Picture Alliance | Getty ImagesChina has rolled back a number of restrictions on its export of critical minerals and rare earth materials to the United States, in a sign that a trade truce between the world’s two largest economies is holding.China’s Ministry of Commerce said Friday that it would suspend some export controls on critical minerals used in military hardware, semiconductors and other high-tech industries for a year.The suspended restrictions, first imposed on Oct. 9, include…
JAKARTA, Indonesia (AP) — Indonesia declared the former dictator Suharto a national hero on Monday, provoking outrage from rights group who said the move was an attempt to whitewash decades of human rights abuses and corruption that took place during his 32 years in power.Suharto was a U.S. ally during the Cold War who presided over decades of authoritarian rule, during which up to a million political opponents were killed, until he was toppled by protests in 1998. He was one of 10 people recognized by President Prabowo Subianto in a televised ceremony held at the presidential palace in Jakarta…
Joey LynchCloseJoey Lynch is a Melbourne-based sports journalist and AYA cancer advocate. Primarily working on football, he has covered the Socceroos, Matildas and A-Leagues for ESPN for over a decade.Nov 9, 2025, 10:27 PM ETThere are several ways that one could react upon watching David Rodriguez rise through a thick blanket of snow to net the equalising goal for Atlético Ottawa in Sunday’s Canadian Premier League final.The most likely of which would be some kind of incomprehensible noise of appreciation at the 23-year-old Mexican’s ability to get up despite the slippery conditions, swing his boot over his head and rocket…
This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025.John Thys | Afp | Getty Images Shares of Wingtech Technology, parent company of chipmaker Nexperia, extended gains on Monday after Beijing agreed to further talks with a Dutch delegation, easing concerns about a global auto supply crunch.Shanghai-listed Wingtech Technology saw its shares jump as much as 6.4% on Monday, according to LSEG data, after surging 9.7% in the final minutes of trading last Friday on signs of de-escalation in a battle over control of the Dutch-based Nexperia.The Chinese Commerce Ministry said in a statement Sunday that…
NAVOTAS, Philippines (AP) — Typhoon Fung-wong blew out of the northwestern Philippines on Monday after causing floods, landslides and power outages while displacing more than 1.4 million people. This is a photo gallery curated by AP photo editors. A man walks on debris washed ashore due to Typhoon Fung-wong along a coastal village on Monday, Nov. 10, 2025, in Navotas, Philippines. (AP Photo/Aaron Favila) A man walks on debris washed ashore due to Typhoon Fung-wong along a coastal village on Monday, Nov. 10, 2025, in Navotas, Philippines. (AP Photo/Aaron Favila)Read More Men swim despite strong waves due to Typhoon Fung-wong…