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China's CXMT shares fall nearly 8% as investors look past chipmaker's profit turnaround
Source: CNBC
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The Guardian
Roaring exports lift China’s economic growth; violent French protests put pressure on euro, stocks and bonds – business live
World’s second-largest economy on track to meet Beijing’s 2026 growth target, though consumer spending lags behind factory output French bonds and stocks have sold off, putting fresh pressure on the euro. Widespread and increasingly violent protests across France have piled pressure on the government, which is struggling with weak economic growth and ballooning debt. It has yet to pass its budget for next year. The French public deficit is projected to widen to 5.4% of GDP in 2026, up from 5.1% in 2025. Although the government initially targeted a 5% deficit, several factors are expected to weigh heavily on state revenues because of lower-than-expected domestic economic activity. For 2027, the government has announced a €54bn savings plan aimed at bringing the deficit down to 5% (as opposed to an estimated 6.4% without these consolidation measures). The scale of this effort is unpreceden
CNBC
India’s finance minister says market liquidity makes it easier for investors to exit
Sitharaman identified fuel, fertilizer and access to capital as risks for India’s economy in 2027.
BBC Business2 outlets
People playing loud music on buses could face £100 fine
Antisocial behaviour on buses in England could lead to fines while a new campaign is also being launched for trains. A national campaign asking rail passengers "share the carriage, not the noise" is being launched.
The Guardian
UK government promises disabled air passengers better safeguards
Despite recent progress, almost a fifth of air travellers with disabilities are still dissatisfied with their experience Disabled passengers will have better safeguards when flying, the government has pledged, including protection from damaged wheelchairs and support from trained staff. A report from an industry-led accessibility group said there was “much more to be done” but progress was being made, a year after a review led by Tanni Grey-Thompson demanded action to improve air travel in response to numerous incidents in which passengers had been left stranded without assistance. Continue reading...
BBC Business2 outlets
China's growth accelerates as AI boom helps boost exports
Exports have helped offset weak spending at home, but trade tensions and AI doubts cloud its outlook.
CNBC
OpenAI bugging suspect WhatsApp'ed Saudi royal days before arrest, feds reveal
Saudi national Abdulrahman Alfozan is accused of planting a recording device in an executive conference room at OpenAI headquarters in San Francisco.