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News— page 13

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Tesla drops as spending pullback clouds AI, robotics ambitions

Oct 22 (Reuters) – Tesla’s shares slid 5% in premarket trading on Thursday as the EV maker’s reduced capital spending forecast raised questions about the pace of investment behind Elon Musk’s AI, robotics and autonomous-driving ambitions. The company on Wednesday lowered its 2026 capital spending fo

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Tesla drops as spending pullback clouds AI, robotics ambitions
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Analysis-Musk’s political baggage clouds prospects for SpaceX-Tesla deal

By Cassell Bryan-Low and Hyunjoo Jin Oct 22 (Reuters) – A possible merger between Elon Musk’s rocket company SpaceX and carmaker Tesla may face bigger obstacles from politics than from regulation, drawing scrutiny in Beijing and potentially igniting a battle between US President Donald Trump and the

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Analysis-Musk’s political baggage clouds prospects for SpaceX-Tesla deal
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Lula hopes older voters can help power him to victory against Flavio Bolsonaro

By Lisandra Paraguassu BRASILIA, Oct 22 (Reuters) – Rony Amaral, 71, is terrified right-wing Brazilian presidential candidate Flavio Bolsonaro will slash healthcare and pension spending if he wins Sunday’s runoff vote, so he is supporting leftist Luiz Inacio Lula da Silva instead. Amaral and his 91-

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Lula hopes older voters can help power him to victory against Flavio Bolsonaro
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UN expert urges Indonesia to reconsider involvement in Trump’s Gaza board

By Stanley Widianto and Gibran Naiyyar Peshimam JAKARTA, Oct 22 (Reuters) – Indonesia should reconsider its involvement in US President Donald Trump’s Gaza peace plan because it is being shaped by Israel and the US and lacks a Palestinian voice, the United Nations special rapporteur on human rights

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UN expert urges Indonesia to reconsider involvement in Trump’s Gaza board
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Italy, Spain lift border controls brought in after Ceuta migrant rush

ROME, Oct 22 (Reuters) – Italy and Spain have agreed to lift border controls on each other’s citizens, the interior ministry in Rome said on Friday, ending a three-month dispute triggered by the rush of migrants into the Spanish enclave of Ceuta. Italy’s right-wing government first suspended its ope

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Italy, Spain lift border controls brought in after Ceuta migrant rush
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LSEG’s two decades of major deals, partnerships and strategic pivots

Oct 22 (Reuters) – The London Stock Exchange Group on Thursday agreed to buy financial data firm Octus for about $3.54 billion, its biggest acquisition since the 2019 deal for Refinitiv as the group seeks to cement its stronghold in data and analytics. Here is a timeline of key events at the British

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LSEG’s two decades of major deals, partnerships and strategic pivots
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LSEG to buy Octus in $3.5 billion mega data analytics deal

Oct 22 (Reuters) – The London Stock Exchange Group on Thursday agreed to buy financial data firm Octus for about $3.54 billion, its biggest acquisition since the 2019 deal for Refinitiv as the group seeks to cement its stronghold in data and analytics. LSEG, which operates the London Stock Exchange

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LSEG to buy Octus in $3.5 billion mega data analytics deal
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Norway’s wealth fund posts $30 billion loss in third quarter

OSLO, Oct 22 (Reuters) – Norway’s $2.3 trillion sovereign wealth fund, the world’s largest, reported on Thursday a loss of 278 billion Norwegian crowns ($29.71 billion) for the third quarter, with a return of minus 0.5% on its global investments. “The fund’s return was close to flat, ending slightly

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Norway’s wealth fund posts $30 billion loss in third quarter
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France reports first human case of livestock virus Shamonda after patient dies

By Sybille de La Hamaide PARIS, Oct 22 (Reuters) – France on Thursday reported the first human case of the Shamonda virus usually found in livestock in a patient who later died, with authorities adding there was no risk to the general population at this stage. It is suspected that the victim was bit

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Asian governments step up cyber defences after PHP flaw

TOKYO/BEIJING, Oct 22 (Reuters) – Companies and governments around the world raced on Thursday to patch vulnerabilities in the widely used PHP programming language, as experts reported a surge in hacking attempts following their disclosure. The rush came after government websites in Europe and elsew

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Asian governments step up cyber defences after PHP flaw
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Cash-rich Reform UK launches fightback with new media platform

By Elizabeth Piper and Andrew MacAskill LONDON, Oct 22 (Reuters) – Flush with money from billionaire donors, Nigel Farage’s Reform UK has started hiring staff for a YouTube-based TV channel to bypass established broadcasters and capitalise on fundraising unrivalled by any major political party in Eu

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Cash-rich Reform UK launches fightback with new media platform
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Analysis-How a merged SpaceX-Tesla might navigate its China problem

Oct 22 (Reuters) – Elon Musk’s potential mega-merger of Tesla and SpaceX would likely face a China-shaped hurdle from regulators on both sides of the Pacific over concerns about national security and the sharing of data and technology. The world’s richest person said on Tuesday his two companies had

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Analysis-How a merged SpaceX-Tesla might navigate its China problem
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Besi’s quarterly orders beat expectations as AI data centre demand stays strong

Oct 22 (Reuters) – BE Semiconductor Industries on Thursday reported third-quarter orders that exceeded analyst expectations, driven by demand linked to AI data centres, but said its revenue would be flat quarter-on-quarter in the last three months of 2026. Quarterly order intake, the industry’s most

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Gymnastics-China hand US women first world team loss since 2010

Oct 21 (Reuters) – China beat the US in the women’s team final at the World Gymnastics Championships in the Netherlands on Wednesday, handing the Americans their first loss since 2010. With China needing 12.600 for victory in the final event of the night, the floor exercise, Qiu Qiyuan sealed the wi

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Gymnastics-China hand US women first world team loss since 2010
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DeepSeek wrapping up $15 billion fundraising to fuel AI race

By Kane Wu HONG KONG, Oct 22 (Reuters) – Chinese AI startup DeepSeek is wrapping up its latest funding round having generated about 100 billion yuan ($14.98 billion) from existing and new investors, two people with knowledge of the matter said on Thursday. Battery maker Contemporary Amperex Technolo

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DeepSeek wrapping up $15 billion fundraising to fuel AI race
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Epic’s ‘Fortnite’ back on Apple App Store in Australia after antitrust ruling

Oct 21 (Reuters) – Epic Games said its shooter title “Fortnite” will return to Apple’s App Store in Australia on Thursday after a federal court ordered the iPhone maker to open up its iOS operating system, having found it violated competition law. Apple said it disagreed with many of the court’s fin

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ATP roundup: Stefanos Tsitsipas rolls as seeds tumble in Almaty

By Field Level Media Oct 22 (Field Level Media) – Seventh-seeded Stefanos Tsitsipas needed just over an hour to dispatch Kazakhstan wild card Mikhail Kukushkin 6-1, 6-2 and reach the Almaty Open quarterfinals on Wednesday in Kazakhstan. Tsitsipas fired eight aces and converted four break points, end

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ATP roundup: Stefanos Tsitsipas rolls as seeds tumble in Almaty
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Meta sued in Australia class action over alleged social media harm to children

SYDNEY, Oct 22 (Reuters) – A class action lawsuit has been filed in an Australia court against Meta Platforms’ Facebook and Instagram, alleging the social media platforms exposed children to harmful content and kept them addictive through algorithms. The lawsuit, filed in the Federal Court, Australi

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Meta sued in Australia class action over alleged social media harm to children
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China, Djibouti say all countries should enjoy freedom of navigation in Red Sea

BEIJING, Oct 22 (Reuters) – All countries should enjoy freedom of navigation in the Red Sea and through the Bab el-Mandeb Strait, China and Djibouti said in a joint statement following a meeting of their foreign ministers in Beijing, expressing concern about the deteriorating security situation. Dji

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China, Djibouti say all countries should enjoy freedom of navigation in Red Sea
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Walmart launches tools for AI agents to shop for customers

By Sanskriti Shekhar Oct 21 (Reuters) – Walmart on Wednesday intrduced new tools that will allow artificial intelligence agents to shop and complete transactions for customers, as the retailer seeks to position itself in the growing use of AI-powered assistants in online commerce. The move underscor

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Walmart launches tools for AI agents to shop for customers
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An affinity for warm climes has helped crocs thrive for eons

By Will Dunham Oct 21 (Reuters) – Crocodilians — today’s crocodiles, alligators, caimans and gharials and their many extinct relatives — have been a roaring success since debuting more than 240 million years ago. And new research identifies one important factor in their success — stubbornly keeping

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An affinity for warm climes has helped crocs thrive for eons