Noontime News Recap: Hormuz tensions, Ukraine aid delays and global stocks slide on AI fears
A senior Iranian lawmaker has said the standoff in the Strait of Hormuz is not sustainable, as Tehran and Washington continue what he described as concurrent pressure and talks, keeping one of the world’s most sensitive shipping routes under strain. 🔗In Europe, Poland warned allies not to negotiate with Russia over Eastern Europe’s head, saying any settlement on the war in Ukraine must take account of regional security interests. Finland’s defence minister, Antti Häkkänen, meanwhile said political reluctance in Washington is delaying Patriot interceptor deliveries to Ukraine, even as the need for air defences remains acute. 🔗 🔗The European Union... [Continue Reading]
360LiveNews Recap | 06 Nov 2026 12:29 LONDON
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China denounces new US sanctions on Cuba that include two Chinese firms
China has condemned the latest United States sanctions on Cuba, calling the move sabotage after Washington added two Chinese companies to its sanctions list. The measures, announced on Thursday and denounced by Beijing on Friday, focus on Cuba's oil and technology sectors. The dispute adds a new layer to an already tense pressure campaign on the island and to wider US-China friction.According to the supplied report, the companies named are CEIEC and Beijing H&C Technologies. Washington accuses them of selling defence material and security systems to Cuba. A Chinese foreign ministry spokesperson, identified in the report as Jiakun, said China... [Continue Reading]
360LiveNews | 06 Nov 2026 10:29 LONDON
Global stocks plunge for a second day as AI slowdown fears spread
Asian and European markets fell sharply on Friday as a Wall Street tech rout spread across global trading, with investors reacting to fears that spending on artificial intelligence and data centres could slow after the Democrats' midterm victory. The FTSE 100 opened down 1.5%, while Germany's Dax, France's Cac 40 and Spain's Ibex also moved lower. The declines followed a severe sell-off in US technology shares on Thursday and extended the pressure into the next trading session.The Nasdaq had its worst day in 19 months, falling 5.5%, while chip and storage stocks led the losses. SanDisk dropped 22% and Western... [Continue Reading]
360LiveNews | 06 Nov 2026 09:31 LONDON
Breakfast News Recap: Trump hardens Iran stance as shipping fears grow and global tech shares slide
The White House is weighing whether a new US strike on Iran can still be avoided as post election pressure builds in Washington, while Donald Trump sharpened his rhetoric by saying Iran will not be able to do anything on its nuclear programme without US approval. 🔗 🔗At the same time, Iranian forces reported five oil tankers and a tugboat on fire in and around the Strait of Hormuz, deepening shipping security fears, even as Tehran said ships from India, China, Iraq and Qatar would be exempt from restrictions in the waterway. 🔗 🔗Trump also said a Russia Ukraine agreement... [Continue Reading]
360LiveNews Recap | 06 Nov 2026 08:45 LONDON
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Tokyo and Asia-Pacific close mixed as Nikkei and Kospi slump, gold and Hang Seng rally
Executive summary: Asia-Pacific trading ended sharply mixed, with Japan and South Korea suffering heavy losses while Hong Kong, Australia and precious metals advanced. The Nikkei 225 fell -9.3% and the Kospi dropped -11.7%, while the Hang Seng gained +5.0% and gold rose +2.1% above $4,050. The move points to a broad risk reset across regional equities, with currency and commodity moves adding to the cross-asset volatility. [Continue Reading]
360LiveNews Markets Intelligence | 06 Nov 2026 07:45 LONDON
Tokyo Opens Under Pressure as Nikkei and Kospi Extend Sharp Selloff, While Hong Kong Rallies and Gold Surges
Executive summary: Tokyo and broader Asia-Pacific trading opened with a stark split, as Japan and South Korea were hit by heavy selling while Hong Kong advanced strongly. The Nikkei 225 fell -9.6% and the Kospi dropped -13.9%, while the Hang Seng rose +8.0%. Safe-haven demand was visible in gold, which climbed above $4,098, alongside gains in silver, platinum and palladium, even as WTI crude eased and the yen weakened slightly against the dollar. [Continue Reading]
360LiveNews Markets Intelligence | 06 Nov 2026 01:15 LONDON
Tech and AI stocks plunge as Nasdaq loses $2.5tn after election-driven regulatory fears
Shares in major technology and artificial intelligence companies fell sharply on Thursday, deepening a market rout that wiped an estimated $2.5tn from the Nasdaq Composite. The selloff came as investors reacted to Democratic wins in key data-centre states and the prospect of tougher regulation on data centres and AI infrastructure. The losses also dragged down other major US indexes, with the S&P 500 and Dow Jones Industrial Average both closing lower.Nvidia fell more than 9%, while AMD and Micron each dropped by more than 17%. Intel was down 10.3%, and SanDisk plunged by more than 22%, underscoring how heavily exposed... [Continue Reading]
360LiveNews | 05 Nov 2026 22:04 LONDON
Wall Street closes sharply lower as AI, tech and cyclicals unwind, while gold and silver catch a safe-haven bid
Executive summary: U.S. equities ended the session under heavy pressure, led by a steep selloff in Nasdaq-linked technology and chip names. The S&P 500, Nasdaq Composite and Russell 2000 all fell sharply, while gold, silver and palladium advanced as investors rotated toward defensive assets. The move was broad, with energy, autos, defence and crypto also under strain, even as a few pockets such as Amazon, Microsoft and banks held up better than the wider market. [Continue Reading]
360LiveNews Markets Intelligence | 05 Nov 2026 21:15 LONDON
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Wall Street Opens Mixed as Tech Slumps, Banks Rally and Gold Surges on Risk Rotation
Executive summary: U.S. markets opened with a sharp split between cyclicals and growth, as the Dow Jones rose +1.6% while the Nasdaq Composite fell -4.1% and the S&P 500 slipped -1.7%. The move was led by a steep drop in tech and chip proxies, a strong bid for banks, and a powerful rally in gold and silver, suggesting investors are rotating away from high-duration growth exposure and toward financials and hard assets. [Continue Reading]
360LiveNews Markets Intelligence | 05 Nov 2026 14:45 LONDON
Ireland supermarket fridge cyberattacks resolved after 13 SuperValu stores were affected
In Ireland, 13 SuperValu stores were affected by cyberattacks that disrupted supermarket fridges and freezers across Europe, forcing chilled and frozen food to be removed from sale. The company behind the chain, Musgrave, said the incident was resolved on Monday evening. Temperatures in some units reportedly rose as high as 50C, creating an immediate food-safety and stock-loss problem for the affected stores.The Irish National Cyber Security Centre said the latest cyber incident may be related to a known vulnerability. Reporting on the case said some of the affected stores used refrigeration controls supplied by Danish company Danfoss, which allow engineers... [Continue Reading]
360LiveNews | 05 Nov 2026 06:30 LONDON
US midterm election results deliver major setback to Trump and Republicans
Democrats have won majorities in both chambers of the US Congress after a midterm election that delivered a sharp setback to President Donald Trump and his Republican Party. The results mean Republicans will lose control of Congress, according to the supplied reporting, marking a major shift in the balance of power in Washington. The outcome was described as a broad rebuke to Trump, with Democrats making gains in several states.The confirmed results cited so far show Democrats taking control of the Senate and the House of Representatives. The reporting also says the Republican defeat was heavy, with Vice President JD... [Continue Reading]
360LiveNews | 05 Nov 2026 01:29 LONDON
Wall Street closes mixed as tech and energy slump, while banks, metals and crypto catch a bid
Executive summary: U.S. markets finished a volatile session with a sharp split between growth and cyclical assets. The Nasdaq Composite fell -3.1%, the S&P 500 slipped -0.7%, while the Dow Jones rose +1.7% and the Russell 2000 gained +0.9%. The biggest pressure came from a steep drop in WTI crude, a heavy selloff in AI and chip stocks, and weakness across the broader tech complex. Offsetting that, banks, gold, silver, platinum, Bitcoin and several mega-cap names posted solid gains. [Continue Reading]
360LiveNews Markets Intelligence | 04 Nov 2026 21:15 LONDON
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Day News Recap: Democrats seize Congress in sweeping US midterm upset
Democrats have won control of both the House and the Senate in a sweeping midterm result that marks a major setback for President Donald Trump and leaves Republicans blaming him for the scale of the defeat. The party also picked up a string of surprise Senate wins, including Texas, Kansas, Maine, Georgia, North Carolina and South Carolina, turning the night into one of the most significant election reversals in years. 🔗 🔗 🔗 🔗 🔗 🔗 🔗The result gives Democrats control of Congress for the first time in this cycle and is being described as a historic sweep, with several... [Continue Reading]
360LiveNews Recap | 04 Nov 2026 18:28 LONDON
EDGE and CMD sign MoU to explore engine integration for ADSB vessels
Abu Dhabi Ship Building (ADSB), EDGE's naval shipbuilding entity, has signed a memorandum of understanding with CMD to explore collaboration on integrating CMD's engines into ADSB's vessels. CMD is described as an Italian designer and developer of advanced propulsion systems. The agreement follows EDGE's acquisition of a controlling stake in CMD in October 2026. EDGE said at the time that it planned to pursue maritime applications for CMD's high-performance engines with ADSB. The MoU was signed at the EDGE Europe office in Paris by David Massey, chief executive officer of ADSB, and Giorgio Negri, co-founder and chief commercial officer of... [Continue Reading]
Breaking-360LiveNews | 04 Nov 2026 16:31 LONDON
Wall Street Opens Split as AI, Energy and Crude Selloff Hit Growth, While Banks, Gold and Bitcoin Catch a Bid
Executive summary: U.S. markets opened with a sharp style rotation, not a broad risk-off move. The Nasdaq and tech-heavy areas were under pressure, led by a steep drop in AI and chip shares, while the Dow held a gain and financials, gold, silver, defense and Bitcoin advanced. The biggest single move in the tape was WTI crude, which fell more than 10%, a swing that helped explain the weakness in energy stocks and the mixed tone across cyclicals. [Continue Reading]
360LiveNews Markets Intelligence | 04 Nov 2026 14:45 LONDON
Breakfast News Recap: US midterms flip Congress as Hormuz tensions and Ukraine war escalate
Democrats have seized control of both chambers of the US Congress in a sweeping midterm result that marks a major rebuke to President Donald Trump, with projections showing wins in the Senate and House and a string of surprise state level gains. The party’s haul includes flips in Texas, Georgia, Maine, Kansas, Ohio, North Carolina and South Carolina, while Republicans held Florida and other key races. 🔗 🔗 🔗 🔗 🔗 🔗 🔗 🔗 🔗 🔗 🔗 🔗 🔗 🔗 🔗The Senate picture was transformed by several high profile contests, including James Talarico’s victory in Texas, Troy Jackson’s win in... [Continue Reading]
360LiveNews Recap | 04 Nov 2026 08:47 LONDON
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Democrats regain control of the US Senate as Texas delivers major upset
Democrats have regained control of the US Senate after projected wins in a series of closely fought midterm races across several states. The latest and most striking result came in Texas, where James Talarico defeated Republican Ken Paxton in what was described as a major upset. The outcome adds to a broader Democratic sweep that has shifted control of Congress.Talarico's victory is the first time a Democrat has won a US Senate seat in Texas since 1988. He campaigned on the rising cost of living and emerged from relative obscurity to become a central figure in the race. The contest... [Continue Reading]
360LiveNews | 04 Nov 2026 05:59 LONDON
UK cyber chief warns AI-boosted attacks on critical infrastructure could emerge within two years
Britain could face AI-boosted attacks on critical national infrastructure within the next two years, according to a warning from the National Cyber Security Centre. The warning comes as the agency says hostile states and ransomware actors are increasingly likely to use artificial intelligence to scale their operations. Dr Richard Horne, the centre's chief executive, is due to set out the assessment as part of the organisation's annual report.The report says hackers demanding ransom payments are highly likely to weaponise AI in the UK. It also names hostile states including Russia and China as actors expected to use the technology to... [Continue Reading]
360LiveNews | 03 Nov 2026 10:30 LONDON
Cyber-attack disables supermarket freezers across several European countries
A cyber-attack has disrupted refrigeration and freezer systems in dozens of supermarkets across several European countries, forcing large amounts of food to be thrown away. The incident has affected stores in Belgium, Luxembourg, Sweden, Ireland, the Netherlands, Estonia and Finland. In Belgium, some of the worst damage was reported at Delhaize stores, including a branch in Hoeilaart, just outside Brussels.The scale of the disruption appears to be significant, with about 40 Delhaize supermarkets affected in Belgium and Luxembourg alone. At the Hoeilaart branch, frozen pizzas and ice cream were among the food items that had to be scrapped after the... [Continue Reading]
360LiveNews | 02 Nov 2026 18:07 LONDON
The Great Uncoupling: Abu Dhabi’s Sovereign Gambit
The UAE’s decision to cut ties with OPEC is far more than a mere adjustment of energy policy, for it functions as a political telegram written in barrels and sent directly to the heart of the global order. For nearly six decades, Abu Dhabi operated within the rigid architecture of producer discipline, where it accepted the rituals of quotas, the formality of communiqués, and the heavy burden of collective restraint. It played the long game of oil diplomacy with a patient hand, balancing its own massive national ambitions against the gravity of cartel discipline and the delicate logic of Gulf... [Continue Reading]
360LiveNews-Opinion | 30 Apr 2026 09:50 LONDON
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When Deterrence Becomes Reality
Yesterday the war crossed a line! For years the Sejjil ballistic missile existed mostly as a symbol. A weapon paraded in military videos, discussed in defense briefings, whispered about in strategic circles as one of Iran’s most serious capabilities. A weapon that analysts described as deterrence, not something meant to be used. But on March 15, 2026, that line disappeared. Iran reportedly launched the Sejjil (also known as Ashoura) as part of what Tehran called the 54th wave of Operation True Promise 4, a massive strike package that also included the Fattah hypersonic missile and the Qadr ballistic missile system.... [Continue Reading]
360LiveNews-Opinion | 16 Mar 2026 18:34 LONDON
The Proving Ground, When “Decent” Reporting Meets High-Tech Warfare
For two decades I have watched wars unfold not only on battlefields, but on screens. Today’s incident over Kuwait, involving the downing of a U.S. F-15 Strike Eagle, is not just another headline in the Iran conflict. It may be a signal that something larger is unfolding behind the noise. Iranian state outlets rapidly circulated imagery of an ejected pilot. Washington responded cautiously. But beneath the spectacle lies a deeper question, whose technology was truly being tested? The Gulf as a live-fire laboratory For years, China has refined export-ready variants of its air defense systems, particularly the HQ-9 family and... [Continue Reading]
360LiveNews-Opinion | 02 Mar 2026 09:36 LONDON
