Global stock markets fall sharply over AI bubble fears

05/11/2025 11:20 The Guardian

Drop in US, Asia and Europe follows warning from bank bosses that market correction could lie aheadBusiness live – latest updatesGlobal stock markets have fallen sharply amid concerns that a boom in valuations of artificial intelligence (AI) companies could be rapidly cooling.Markets in the US, Asia and Europe have fallen after bank bosses warned a serious stock market correction could lie ahead, after a run of record stock market highs led some companies to appear overvalued. Continue reading...

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Democrat Zohran Mamdani sweeps to victory in New York City mayoral election and lays down challenge to Trump - live

The 34-year-old democratic socialist secured victory with more than 50% of the voteZohran Mamdani elected mayor of New York CityProp 50: Californians pass redistricting measureNYC mayoral election resultsShare your views on the New York resultIt was an encouraging night for the left in America with...

05/11/2025 11:22 The Guardian

‘Nationals-lite’: former Liberal president says party would be ‘rewarding standover tactics’ if net zero dumped

Exclusive: Jason Falinski says cutting net zero would tell young Australians ‘we have given up’ and could have negative impact at next election Get our breaking news email, free app or daily news podcastThe Liberal party ran as “Nationals-lite” last election and would be “rewarding stando...

05/11/2025 08:53 The Guardian

Wednesday briefing: Improbable victory for city’s first Muslim mayor offers new playbook for fight against Trump

In today’s newsletter: With more than 50% of the vote, Mamdani tells supporters: “In this moment of political darkness, New York will be the light”Good morning. A few hours ago, Zohran Mamdani was declared the winner of the New York City mayoral election with more than 50% of the vote on the b...

05/11/2025 06:44 The Guardian

Fake claims about Australian road rules on headlights generated by AI and spread on Google

Google search results displayed false information from an AI website about drivers risking a $250 fine for not keeping their headlights on at all timesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe New South Wales transport depart...

05/11/2025 06:34 The Guardian

Australia politics live: question time clashes over Foodbank and energy prices after Chalmers and Hawke forced to withdraw ‘liar’ comments

Milton Dick issues warning over word ‘fraught with danger’. Follow today’s news liveLiberal women react with ‘horror’ at abortion comments from Coalition colleaguesGet our breaking news email, free app or daily news podcast‘More room for movement’ ahead of social media banThe governmen...

05/11/2025 04:54 The Guardian

Malaysia defends Trump trade deal after critics warn it will compromise country’s sovereignty

Former Malaysian prime minister Mahathir Mohamad said the deal amounted to ‘handing over’ the country’s independenceMalaysia’s government has been forced to defend its new trade deal with the US after opposition politicians, analysts and civil society groups warned that the deal was “one-s...

05/11/2025 00:50 The Guardian

Trump administration warns shutdown could force US airspace closures

Transport secretary says 35-day shutdown is causing severe air traffic controller shortages and warns of ‘mass chaos’The US may close portions of its airspace if the federal government shutdown continues, the transportation secretary, Sean Duffy, has warned.Duffy made the announcement on Tuesday...

04/11/2025 21:27 The Guardian

NHS staff bearing brunt as ‘ugly’ racism of 70s and 80s returns, says Streeting

Exclusive: Health secretary and NHS England chief warn of winter pressures and rising levels of abuseAn “ugly” racism reminiscent of the 1970s and 1980s has become worryingly commonplace again in modern Britain and NHS staff are bearing the brunt of it, Wes Streeting has warned.Incidents of verb...

04/11/2025 20:08 The Guardian

Dick Cheney’s role in ‘war on terror’ may have paved way for Trumpism

Former US vice-president a key figure in expanding White House’s power and ‘corrupting the intelligence-policy relationship’ to sell Iraq warDick Cheney, vice-president and giant of Republican politics, dies aged 84Dick Cheney, who has died aged 84, came to be seen as a moderate in his later y...

04/11/2025 19:11 The Guardian

Reeves considers cut to green levies in effort to reduce cost of energy bills

Exclusive: Chancellor hopes to save up to £170 from average bill, though insiders warn move will be ‘disastrous’Rachel Reeves is considering slashing funding for more energy efficient homes to pay for a reduction in energy bills, sources have told the Guardian, as the chancellor looks for ways...

04/11/2025 19:01 The Guardian

Sudan civil war spiralling out of control, UN secretary general says

António Guterres calls for the violence to end but there appears little appetite for ceasefire proposed by USThe UN secretary general, António Guterres, has said the war in Sudan is spiralling out of control as he called for a halt to the fighting and an end to the violence.The Rapid Support Force...

04/11/2025 18:41 The Guardian

Brazil to seek independent inquiry into deadly police raid that killed 121 people

Brazilian president Lula called police assault on two of Rio’s largest clusters of favelas ‘disastrous’ and a ‘massacre’Brazil’s president, Luiz Inácio Lula da Silva, has said his government will seek an independent investigation into what he called a “disastrous” police “massacre...

04/11/2025 18:31 The Guardian

China accuses Dutch of prolonging chip war that threatens to halt car factories

Beijing tells Netherlands to ‘stop interfering’ after seizure of chipmaker Nexperia as export bans disrupt supply chainBusiness live – latest updatesChina has told the Netherlands to “stop interfering” in the seized chipmaker Nexperia, accusing it of prolonging a dispute that has disrupted...

04/11/2025 17:17 The Guardian

Lucy Ward tells court Joey Barton social media posts scared her

Former footballer on trial over ‘offensive’ social media posts about broadcastersBroadcaster and former footballer Lucy Ward was left “intimidated” and “physically scared” by social media posts made by Joey Barton, a jury has heard.Ward, 51, was giving evidence to Liverpool crown court o...

04/11/2025 17:05 The Guardian

UK lawyers warn of ‘race to the bottom’ after Tory MP issues deportation threat

Top lawyers call for change in rhetoric that has left minority ethnic Britons fearful as politicians target migrantsLeading British lawyers have warned of a political “race to the bottom”, after a Conservative MP tipped as future party leader said large numbers of legally settled families must b...

04/11/2025 16:41 The Guardian

Zelenskyy calls for Ukraine to join EU before 2030 after commission delivers warning on corruption - as it happened

This live blog is now closedWe will formally get the EU’s commentary on the enlargement ratings (9:26) in just over an hour – when EU foreign policy chief Kaja Kallas and EU enlargment commissioner Marta Kos are due to speak to journalists – but we have just had a brief glimpse of what’s com...

04/11/2025 16:30 The Guardian

Friedrich Merz says Syrians no longer have reason for asylum in Germany

Chancellor suggests deportations could begin ‘in the near future’ as government seeks to counter rise of AfDSyrians no longer have reason to be granted asylum in Germany after the end of their country’s civil war, according to Friedrich Merz, who said they will instead be encouraged to return...

04/11/2025 16:13 The Guardian

Spain grants citizenship to descendants of civil war’s International Brigades

About 32,000 volunteered to fight Franco dictatorship, including 2,500 men and women from Britain and IrelandThe Spanish government has granted citizenship to 170 descendants of volunteers in the International Brigades in recognition of their fight against fascism during the Franco dictatorship that...

04/11/2025 14:19 The Guardian

ANU bought shares in Israeli weapons maker after pledging to stop controversial arms investments

Exclusive: University says Elbit Systems, whose drones have been used extensively in Gaza, not on any controversial weapons list when shares bought and sold this yearFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Australian Nation...

04/11/2025 14:00 The Guardian

Trump administration to fund just half of food stamp benefits | First Thing

Department of Agriculture using contingency funds to keep benefits going amid government shutdown. Plus, economists warn $70tn in inherited wealth over next decade will widen inequalityDon’t already get First Thing in your inbox? Sign up hereGood morning.The Trump administration said it would prov...

04/11/2025 11:23 The Guardian

Three countries are ‘willing and capable’ of assassinating political dissidents on Australian soil, Asio head warns

Spy chief Mike Burgess says it’s possible the unnamed regimes ‘would try to hide their involvement’ in any killingsGet our breaking news email, free app or daily news podcastForeign agents from at least three countries are “willing and capable” of assassinating perceived political dissiden...

04/11/2025 09:40 The Guardian

Torture in Israeli prisons rose sharply during war, says freed Palestinian author

Nasser Abu Srour says prisons became like ‘another front’ in Gaza conflict and tells of struggle to adjust to life outsideA celebrated Palestinian author who was freed last month after more than 32 years in Israeli prisons has said the use of torture increased dramatically during his last two ye...

04/11/2025 07:00 The Guardian

RBA holds official interest rate at 3.6% while warning of rising house prices and rents

Reserve Bank’s decision to leave cash rate on hold was widely expected and major banks predict no interest rates cut until 2026Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank has left the official interest rate on ho...

04/11/2025 06:59 The Guardian

Australia news live: federal watchdog investigating about 40 corruption matters including one that ‘relates to a grants scheme’

Follow today’s news liveRBA holds official interest rate at 3.6% while warning of rising house prices and rentsGet our breaking news email, free app or daily news podcastMelissa McIntosh wants Liberals to ‘get their act together’Internal divisions haven’t stopped Coalition MPs fronting up to...

04/11/2025 06:25 The Guardian

‘Not over’: Liberal MPs fearing calamity in city electorates launch rearguard action to salvage net zero policy

Emissions policy brawl has become major threat to Sussan Ley’s leadership ahead of key meeting at end of NovemberFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastLiberal MPs have launched a rearguard action to salvage a commitment to...

04/11/2025 06:19 The Guardian

Joey Barton X posts ‘crossed the line between free speech and crime’, court told

Former footballer on trial over social media posts about pundits Lucy Ward and Eni Aluko and broadcaster Jeremy VineThe former footballer Joey Barton “crossed the line between free speech and a crime” with social media posts aimed at female pundits, a jury has been told.Barton, 43, is accused of...

03/11/2025 18:36 The Guardian

Canada’s Liberal party says budget of ‘sacrifice’ needed to avoid recession

Country set to unveil PM Mark Carney’s spending plan as it battles trade war with US and protracted cost of living crisisCanada’s ruling Liberal party has said a budget of “sacrifice” is required to confront both a trade war with the US and a protracted cost of living crisis that threatens t...

03/11/2025 18:16 The Guardian

Outrage in Paris as Shein prepares to open its first permanent store

Fast-fashion retailer faces political anger, fury from workers and warnings it will damage city’s progressive imageThe online fast-fashion retailer Shein will open its first permanent bricks-and-mortar store in the world in Paris this week amid political outrage, fury from workers and warnings fro...

03/11/2025 17:39 The Guardian

Telegraph bidder reported for potential breach of editorial independence rules

UK government alerted after RedBird Capital’s boss allegedly threatened to ‘go to war’ with the title’s newsroom The boss of the US private equity group bidding for the Daily Telegraph has been reported to the UK government for potentially breaching rules protecting the newspaper’s editori...

03/11/2025 17:06 The Guardian

Rome: worker trapped and one injured after part of medieval tower collapses

Three others rescued at the Torre dei Conti, which was undergoing restoration worksEurope live – latest updatesRescue workers are trying to pull a man from the rubble of a medieval tower in central Rome that partly collapsed twice during renovations, trapping him on an upper floor and injuring ano...

03/11/2025 16:42 The Guardian

BREAKING NEWS

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