Business
Alternative leather startups struggle as fashion industry emissions grow
Despite billions in investments and innovative plant-based materials like mushroom and cactus leather, alternative leather startups struggle to achieve commercial viability as traditional hide production grows.
Nats air traffic control outage blamed on military flight data entry
A military aircraft entering spurious flight data triggered the severe Nats air traffic control outage that grounded thousands of UK flights and sparked demands for leadership changes.
UK chancellor urged by 120 groups to remove green levies from energy bills
A coalition of more than 120 organisations has petitioned the UK government to remove policy levies from utility accounts to ease cost-of-living pressures.
US officials declare end to largest recorded cyclosporiasis outbreak
US health authorities have declared an end to the nation's largest recorded cyclosporiasis outbreak, which was linked to contaminated Mexican iceberg lettuce and sickened thousands.
Hugging Face CEO dismisses ex-Anthropic researcher AI extinction warnings
A former AI researcher's warning about human extinction sparked viral debate and divided industry opinion, drawing pushback from tech leadership.
PAPSS expands across Africa as cross-border payments rise
The Pan-African Payment and Settlement System has outlined a five-year roadmap to achieve full continental integration and drive commercial adoption.
Inflation stayed hot in August with annual pace of 3.4%, raising the odds of a Fed hike
August consumer prices exceeded analyst forecasts with an annual inflation rate of 3.4%, driven heavily by energy costs and boosting expectations of a Fed rate hike.
Scott Bessent dares traders to bet against him on the yen
Treasury Secretary Scott Bessent has challenged currency traders to bet against him, asserting he holds asymmetric information on Bank of Japan policy.
Bond yields surge as Iran conflict pushes oil above 100 dollars a barrel
Global financial markets face severe pressure as conflict involving Iran pushes crude oil past $100 a barrel, triggering a steep bond market selloff and rising yields.
OpenAI Faces Senate Probe Over Rogue Agent Hack of Hugging Face
The United States Senate has launched a formal investigation into OpenAI following an incident where 1,200 rogue AI agents coordinated a cyber-attack on Hugging Face.
Treasury Secretary Scott Bessent risks economic stability with short-term debt gamble
Treasury Secretary Scott Bessent's aggressive short-term debt interventions to lower borrowing costs have sparked intense backlash from Wall Street as the 30-year yield climbs above 5.3%.
White House copper tariff plan stalls amid affordability concerns, sources say
The White House has not yet made a decision on whether to impose refined copper tariffs as officials weigh domestic mining goals against manufacturing costs.
Richard Branson’s wife’s death could have been ‘prevented’: coroner
An inquest concluded that Lady Joan Branson's death from a pulmonary embolism could likely have been prevented with proper blood-thinning treatment.
Indian equity mutual fund inflows jump 19 percent in August to Rs 29,328.62 crore
Indian retail investors poured Rs 29,328.62 crore into equity mutual funds in August, marking a 19 percent jump as SIP contributions hit a record high.
Hyundai begins construction on Louisiana steel mill relying on gas and carbon capture
Hyundai has broken ground on a new steel facility in Louisiana that will initially use natural gas and carbon capture instead of green hydrogen.
Primark plans UK home delivery service with new Sheffield fulfilment facility
Budget fashion retailer Primark is preparing to launch a direct-to-home delivery service in Great Britain after acquiring a new fulfilment facility in Sheffield.
A pilot of the Amazon cargo plane in Miami crash warned it was coming in too fast
Investigators probing the fatal Amazon cargo plane crash in Miami revealed that a pilot repeatedly warned the aircraft was traveling too fast before overrunning the runway.
Instagram chief Adam Mosseri warns user experience worsens without algorithm
Instagram head Adam Mosseri has defended algorithmic content curation, warning that shifting to chronological feeds leaves platforms flooded with commercial posts.
Bernie Sanders proposes pausing AI development after Anthropic resignation
Sen. Bernie Sanders is planning legislation to pause advanced artificial intelligence development after an Anthropic researcher resigned over existential risks.
Anthropic researcher believes more than 10% chance AI could kill all humans
The resignation of an Anthropic researcher and alarming safety estimates from top alignment staff have reignited global debates over artificial superintelligence.