Global stocks fall amid ‘big worries over AI’ after Democrats’ midterms triumph Asian and European markets follow US tech rout with many analysts predicting more waves of selling to come
US tech stocks post modest recovery on Wall Street after worst day in 19 months – as it happened European and Asia-Pacific markets slide after Wall Street rout, while latest US jobs report beats forecasts
UK dairy farmers face further pressure as milk processor cuts prices Freshways lowers price paid to producers by 7p a litre, prompting warnings confidence in the sector is ‘at rock bottom’
US tech stock rout: is the AI bubble bursting? After Thursday’s share price plunge on Wall Street, could the volatility be the start of a huge market meltdown?
EU charges TikTok with failing to protect users’ mental health Regulator’s initial ruling says algorithm ‘can be harmful’ and led young and vulnerable viewers ‘down rabbit holes they can’t easily escape’
David Jones was months behind in payments to some small Australian brands before going into administration, suppliers say Global luxury fashion houses clear their stock from the embattled retailer, but smaller local businesses are at the bottom of the creditor pile
Commuters and shoppers face disruption from tube driver strikes in run-up to Christmas RMT union calls eight 24-hour strikes on London Underground in opposition to plans for four-day week
US job growth exceeds expectations in October despite economic uncertainty ‘Low-hire, low-fire’ labor market shows sluggish growth but few layoffs, with an interest rate hike expected in December
UK house prices fall at steepest rate in more than three years October drop of 0.6% leaves average price of property at £296,285, says Lloyds, as high mortgage rates hit market
Tesla to wind down Cybertruck production as Elon Musk focuses on robotics and AI Decision made in order for factory in Texas to be used for Cybercab, the carmaker’s self-driving taxi
Dream ticket? Super-rich can sleep pretty with Singapore Airlines ‘largest double bed in the sky’ Cabin upgrade comes as airlines compete for wealthy customers in race to the top of luxury travel
Minister tells energy suppliers to do more to help households tackle unpaid bills this winter Bosses from Great Britain’s biggest energy companies called to meeting as part of government’s debt relief plan
Nasdaq sees worst day in 19 months as investors bet on AI slowdown after Democrats’ election triumph Nearly $2tn shaved off Nasdaq value as worries of curbs to AI datacenters ripple across bourses
Bank of England raises interest rates to 4%, the first increase for more than three years Base rate increases from 3.75% and Bank governor signals another rise in near future to combat rising inflation
Multiple planes diverted as bomb threats to commercial flights reported across Europe – as it happened EU transport commissioner says ‘too early’ to say if bomb threats to 20 flights are linked