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Yemen: 30 dead in strikes on Taiz market

At least 30 people have reportedly been killed in an attack on a market in Yemen’s Taiz province, with Houthi rebels blaming Saudi airstrikes. Government forces and local authorities have disputed the claim, instead accusing the Houthis of indiscriminate fire. The province has witnessed intense clashes in recent weeks and is home to around half of the more than 300,000 people displaced by the…

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Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US

The first oil tankers scheduled to deliver Russian diesel to the US under a deal between President Donald Trump and his Russian counterpart Vladimir Putin have changed course and are no longer heading toward the US coast. It spells the end of an agreement announced with great fanfare before the midterms.

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Tech giants lose $1 trillion in one day after Democrats victory in midterms

Trillions of dollars have been wiped off the stock value of major tech firms in the US, Europe and Asia. Investors appear worried about the possibility of an AI slowdown and tougher regulation as Democrats won the midterms in the US. Some of the Democratic candidates had expressed their opposition to the data centres that are needed to power AI technology.

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Live: European stocks plunge after US midterm election results shock markets

European shares tumbled on Friday as global investors grappled with uncertainty over AI stocks, following the Democrats’ sweeping victory in the US midterm elections. The drop is partly due to fears that Democrats could curb the development of AI data centres, which are widely unpopular among US voters. Follow our liveblog for all the latest updates.

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