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OpenAI bugging suspect WhatsApp'ed Saudi royal days before arrest, feds reveal
Source: CNBC
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The Guardian
Roaring exports lift China’s economic growth; violent French protests put pressure on euro 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 Duncan Wrigley , chief China+ economist at Pantheon Macroeconomics, has looked at the Chinese GDP figures. Policymakers are likely to view their efforts to stabilise headline growth in the third quarter as successful, despite persistent structural imbalances and weak underlying domestic demand. Headline industrial production rose in September partly as coal mines resumed operations after safety inspections prompted by a major accident. Manufacturing output growth remained robust at 6.0% year on year in September, buoyed by stronger export demand for electronics, AI-related equipment and autos. The headline GDP number tells you the economy is still moving forward; the internals tell you the factory floor is doing most of the running while households, property a
BBC Business
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.
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
Japanese Prime Minister Takaichi rejects criticism around weak yen and high interest rates
The prime minister denied that her policies were responsible for the yen’s weakness or rising JGB yields.
The Guardian
The housing crisis is now global. It shows just how undemocratic our nations have become | Leilani Farha
When we can’t even afford to rent or buy somewhere to live, we have to ask: did we give the financial sector too much power? Leilani Farha is the former UN special rapporteur on adequate housing In the summer of 2021, I visited a homeless community in a park in Toronto, Canada, and spoke to one of the residents. He was living in a tent in the shadow of brand new skyscrapers, and had been homeless for about five years. At one point he swivelled around, pointed up at a crane on the skyline, and said: “Who are they building those for? Definitely not for me.” He was right. And he captured something experienced by ordinary people around the world: the growing conviction that the housing system is no longer tethered to their needs. What he was pointing at is not just a housing crisis. It is a crisis of democracy. Leilani Farha is the 2026 CBC Massey lecturer. This piece is based on her new boo
The Guardian
Revealed: African island fights offshore gambling network linked to UK family
London-based property investors deny selling licences to casinos claiming to be based on Anjouan, a tiny Indian Ocean island The island of Anjouan, rising out of the Indian Ocean between Mozambique and Madagascar, is a corner of the Earth that few people have heard of, let alone laid eyes on. Known as Nzwani in the local language, this tiny volcanic island – one of a collection that make up the Union of Comoros – counts ylang-ylang oil and vanilla among its chief exports. Continue reading...