Investors dive into bonds as global AI tech selloff continues

Global News - Nov 6, 2026

Investors fled to the safety of bonds on Friday as stocks extended their slide in both Europe and Asia after worries around AI wiped trillions of dollars off stock markets.

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US urged Beijing to implement commitments of Busan trade deal, Treasury says
Nov 7, 2026

US urged Beijing to implement commitments of Busan trade deal, Treasury says

U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer discussed U.S.-China economic relations with Chinese Vice Premier He Lifeng and urged Beijing to immediately implement commitments under the Busan trade agreement, the Treasury Department said on Friday. “I emphasized the importance of China fully and immediately honoring its commitments, raised concerns about recent Chinese actions and underscored that progress depends on concrete results," Bessent said in a social media post. The United States would "closely assess China’s implementation of the arrangement," the Treasury said in a statement. Beijing has signaled tariff concessions remain central to its aims, with its commerce ministry saying on Thursday China was open to buying more U.S. farm goods, but only if the two sides implement their reciprocal tariff-cut agreement. Following a September summit between Presidents Xi Jinping and Donald Trump in Washington, the two sides proposed a $60 billion package of reciprocal tariff cuts, including roughly $17 billion worth of U.S. farm goods that China im

AI stocks halt brutal, worldwide sell-off as Wall Street trims its loss for the week
Nov 7, 2026

AI stocks halt brutal, worldwide sell-off as Wall Street trims its loss for the week

NEW YORK — Artificial intelligence (AI) stocks are bouncing back Friday and recovering some of their sell-off from the last two days. The rest of the U.S. stock market is mixed following a whirlwind few days of Wall Street trying to sort out what this week’s sweeping victories by Democrats in the U.S. midterm elections will mean for the economy. The S&P 500 rose 0.9 percent and trimmed its loss for the week to 2.1 percent. The Dow Jones Industrial Average was down 3 points, or less than 0.1 percent, as of 11:45 a.m. Eastern time, and the Nasdaq composite was 1.6 percent higher. Even with this week's extreme swings, the S&P 500 remains only 5.1 percent below its all-time high, which was set last month. Friday's relative steadiness for Wall Street halted what had been a worldwide tumble for stocks. Indexes dropped 6 percent in Tokyo and 6 percent in Seoul following the U.S. market’s plunge on Thursday, which was its worst since U.S. President Donald Trump shook markets in April 2025 with his “Liberation Day” tariffs. European indexes have fewer stocks tied to the artificial-inte

European air traffic targeted again by bomb threats after a week of hoaxes
Nov 7, 2026

European air traffic targeted again by bomb threats after a week of hoaxes

PRAGUE — Officials across Europe reported a fresh slew of bomb threats against multiple flights on Friday, following a string of hoaxes that have caused flight diversions this week. Two broadcasters also received security threats, in a possible sign the menace was spreading beyond the skies. No suspicious items have been found and no one has been injured, but the threats have raised concern because they came on the heels of other European disruptions — including attacks on supermarket refrigeration systems and drone incursions. Overall, the threats have caused minimal disruption to aviation, according to the European air traffic authority. Eurocontrol said it was aware of bomb threats against 14 flights on Thursday — only 0.05% of all of the nearly 26,300 flights across the European network that day — and seven on Tuesday. Even so, airlines have to take every threat seriously because they are ultimately responsible for the lives of their passengers, said Robert Jordan, research director at Britain's Royal United Services Institute think tank. Jordan told the BBC that there are mo

Meghan Markle's father arrested in US over child sex abuse images
Nov 7, 2026

Meghan Markle's father arrested in US over child sex abuse images

MIAMI — Thomas Markle, the estranged father of Prince Harry's wife, Meghan Markle, was arrested in Florida on Friday over alleged possession of images of child sexual abuse, officials said. Markle, 82, is charged with one count of "possession of child pornography" and is to make an initial court appearance in Tampa on Friday, U.S. Attorney Bill Essayli said in a statement. "Mr Markle is accused of possessing child sexual abuse material, including photographs depicting himself with minor girls," Essayli said. "These allegations are extremely serious, and we will prosecute Mr Markle to the fullest extent of federal law." Markle was taken into custody by FBI agents early Friday at the retirement home where he lives in Lakeland, Florida. The Justice Department said Markle allegedly "kept child sexual abuse material (CSAM), including sexually explicit photographs of himself with prepubescent girls, in two Los Angeles-area storage units he rented for nearly two decades." "Inside the units, agents seized approximately 78 items, including slides, film negatives, and books that contained suspect

Protesters break into Microsoft data center site in Amsterdam as Europe's backlash spreads
Nov 7, 2026

Protesters break into Microsoft data center site in Amsterdam as Europe's backlash spreads

THE HAGUE, Netherlands — Protesters broke into a construction site for a new Microsoft data center in Amsterdam on Friday, with some climbing a crane and setting off flares while others clashed with police. Nathan Timmer of the protest group Geef Tegengas, a phrase that translates as Push Back, told local broadcaster AT5 that protesters were occupying the site in an effort to stop construction. Campaigners against data centers in Europe are expected to stage protests and other actions in several countries on Friday and Saturday, demanding a moratorium on large-scale developments to address social and environmental concerns around the energy-hungry behemoths. “We don’t want it to be built. Nobody needs it,” Timmer said. “The only thing this will be used for is AI slop. AI warfare, data surveillance, and committing genocides. We don’t want that,” he added, vowing to continue protesting until construction is halted. Pro-Palestinian activists also joined the demonstrations in the Dutch capital. By late afternoon police were escorting activists off the construction site, though

Democratic candidates with a Christian message helped flip Congress
Nov 7, 2026

Democratic candidates with a Christian message helped flip Congress

Clergy members and other Democratic candidates with an unapologetically Christian message to “love your neighbor” helped their party flip control of Congress. It was a striking midterm victory that demonstrated the strength of the religious left as a counter to the stalwart evangelical support for President Donald Trump and his fellow Republicans. “This attempt to corner the market on Christianity by evangelicals was repudiated,” said Brian Kaylor, a Baptist pastor and editor of a progressive faith and politics site. Instead, American mainline Protestantism, with its less-strident theology, took the election spotlight. Seminarian James Talarico in Texas, megachurch pastor Adam Hamilton in Kansas and Iowa ministers Sarah Trone Garriott and Lindsay James flipped key seats in the U.S. Senate and House. They’re part of the mainline Presbyterian, Methodist and Lutheran branches with moderate or progressive beliefs. Unlike the nationalists wanting America to privilege a particular Christian worldview in public life, the mainline candidates in keeping with their Christian values backed

Explosion at Ghaziabad's Vasundhara police outpost, police say delivery boy injured
Nov 7, 2026

Explosion at Ghaziabad's Vasundhara police outpost, police say delivery boy injured

Indirapuram ACP Suryabali Maurya said the exact nature of the object that caused the explosion would be determined after an investigation.

The sickening claims against Thomas Markle set a family test for the royals
Nov 7, 2026

The sickening claims against Thomas Markle set a family test for the royals

The family dimension to the unfolding scandal is inescapable. Most families would want to support a son and daughter-in-law dealing with a nightmare but things are always a bit more complicated with the royals.

CAQM imposes GRAP-III in Delhi-NCR ahead of Diwali as AQI soars to 382: Here’s what’s allowed and restricted
Nov 7, 2026

CAQM imposes GRAP-III in Delhi-NCR ahead of Diwali as AQI soars to 382: Here’s what’s allowed and restricted

After Delhi's average AQI climbed to 382 on Friday, nearing the 'severe' threshold, the CAQM invoked measures under GRAP Stage III. Here's a look at the restrictions in force, activities that can continue and the national capital's air quality forecast ahead of Diwali.

US regulator investigates tumour risk in children given Novartis gene therapy
Nov 7, 2026

US regulator investigates tumour risk in children given Novartis gene therapy

The US ⁠Food and Drug Administration said ⁠on Friday it was investigating a ⁠risk of neoplasia, or tumour formation including malignancy, associated with Novartis’ gene therapy Zolgensma. The Swiss drug maker earlier in the day disclosed two cases in which tumours in children showed evidence of being linked to its gene therapy drug used to treat patients less than ‌two years old with spinal muscular atrophy. Novartis said that it had received nine reports overall of tumours in patients...

JD Vance leads US backchannel talks with Iran to revive ceasefire and nuclear negotiations
Nov 7, 2026

JD Vance leads US backchannel talks with Iran to revive ceasefire and nuclear negotiations

Daily discussions with Qatari and Pakistani mediators have gathered pace, although officials describe progress towards a possible agreement as extremely sluggish

Man arrested after alleged assault in River Valley, car overturns following police chase
Nov 7, 2026

Man arrested after alleged assault in River Valley, car overturns following police chase

The suspect's car overturned at the junction of Race Course Road and Birch Road after a collision with another vehicle.

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