Rolling coverage of the latest economic and financial news It is red across the board in the European stock market this morning, though the falls are not steep. The UK’s blue chip FTSE 100 index is down 0.4%, while the French Cac 40 is down 0.7%. The German Dax is down by 0.6%. The Stoxx 600, which tracks the biggest companies across the continent, has fallen by 0.4%. Continue reading...
Oil hits five-month high as global stocks wobble on AI fears; retail sales in Great Britain fall as shoppers cut back - business live
Source: The Guardian

Original reporting
The Guardian: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
Related stories
CNBC
Nvidia's Huang heads to Kazakhstan for the first time — and he's not the only one with big plans
Jensen Huang's first Kazakhstan visit highlights the country's growing AI ambitions and global business appeal.
CNBC
Volvo Cars plunges 27% as CEO says China sales slump came 'faster than we thought'
The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected free cash flow."

BBC Business
What is the Budget and what could be in it?
Chancellor John Healey will set out his plans for UK taxes on 28 October.
CNBC
Defense giant Saab sees orders triple after Gripen fighter jet deal with Ukraine
European governments race to turn defense spending pledges into military capability, boosting companies' order books.
CNBC
Japan core inflation in September surges to its highest this year at 2.1%
Core inflation, which strips out prices of fresh food, was in line with the 2.1% forecast by economists polled by Reuters.

BBC Business2 outlets
The Indian workers filming their work to train AI
Indian workers are being paid to film themselves at work and the footage is used to train AI.