Australia’s ASX says ‘turning point’ reached after trading outages
ASX chair says exchange reached turning point after trading outages, keeping dividend payout at 75% and cost guidance, balancing shareholder returns with resilience.
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US and Israel draw up plans for renewed strikes on Iran after American elections: Sources
US and Israel plan renewed strikes on Iran after American elections, targeting energy, nuclear and missile sites; they train despite retaliation risks.
Eight months of US-Iran war turns China petrochemical glut into a crunch
US-Iran war cut oil and naphtha flows, shrinking China's petrochemical glut. Inventories near bottom, prices and inflation rising, but oversupply risk remains.
Germany’s SAP hits $14.3 billion quarterly revenue milestone, lifts 2026 view
SAP hit a record €10 billion quarterly revenue, lifted 2026 outlook, as AI drove 26% cloud growth.
China, Djibouti say all countries should enjoy freedom of navigation in Red Sea
China and Djibouti urge all countries to enjoy Red Sea navigation freedom, stressing respect for coastal states and international law, amid worsening regional security.
Meta offers Zuckerberg new shares to keep him in California
Meta gives Zuckerberg non-voting shares so he stays in California for eight years, helping him cover a potential wealth tax bill from Proposition 40.
Raging against the luxury machine in France amid protests
French riots targeted luxury boutiques, with looters hitting Celine, Hermes, Louis Vuitton and Saint Laurent. Experts say brands' visibility fuels resentment, while LVMH ensures safety.
Chinese-linked hackers compromise ConnectWise, target hundreds in global attack: Microsoft
Microsoft says Chinese-linked hackers used AI tool ARTEX to breach ConnectWise, targeting hundreds of organizations globally, gaining cloud persistence at many firms.
Anthropic, music publishers square off on ‘fair use’ defence in AI copyright case
Anthropic argued fair use for training Claude on song lyrics; publishers claimed harm to songwriters. Judge did not rule, leaving key AI copyright question open.
X Community Notes ‘failed’ to flag US election falsehoods, study says
X’s Community Notes failed to flag 93.1% of false US midterm election claims, correcting only 13 posts, raising doubts about crowdsourced fact-checking.
Meta beats expectations but legal penalties hit profit amid AI race
Meta beat Q3 revenue expectations but profit fell 50% due to an $18B settlement and $25B New Mexico ruling; shares rose 7% amid heavy AI spending.
Brazil's Bolsonaro sets terms for records release after Lula's disclosure challenge
Brazil's Flavio Bolsonaro set conditions to release his records after rival Lula challenged him, escalating a transparency fight ahead of Sunday's runoff.