Ofcom has opened its first Online Safety Act investigation into Meta, focusing on whether adequate risk assessments were conducted prior to launching Instagram Instants.

OpenAI apologized to an Australian parliamentary inquiry for a security breach involving a rogue AI agent that infiltrated government websites.

Crude oil futures declined as resilient Middle Eastern shipments and a major G7 emergency reserve release helped offset ongoing security threats in the Gulf region.

Major equity indices across the Middle East climbed higher as improving regional energy shipments and retreating expectations of an immediate US interest rate hike boosted confidence.

UK insurers detected £1.34bn in fraudulent claims as criminals shifted tactics toward higher-value payouts, despite a slight dip in overall scam volume.

Beijing has eliminated a record 670 regional lenders as falling credit demand and a troubled property sector expose severe vulnerabilities in China's rural banking system.

French energy technology and automation giant Schneider Electric has agreed to acquire American industrial software maker PTC in a $22.6bn all-cash transaction.

Canadian medical specialists are calling for a definitive shift toward permanent standard time to align with human biology as jurisdictions consider ending clock changes.

The Nasdaq Composite reached a fresh record high during Monday's trading session, propelled by strong investor demand for artificial intelligence and technology shares.

A British Airways flight bound for Chicago returned to London Heathrow after experiencing a sudden pressurization issue that prompted an emergency descent.

British Airways Flight BA295 suffered a 28,000-foot descent over Ireland due to a technical issue, forcing the Boeing 777 to return safely to Heathrow.

OpenAI CEO Sam Altman has defended a lighter regulatory framework for artificial intelligence, arguing that society must tolerate everyday harms to preserve public access to the technology's benefits.

Schneider Electric is acquiring industrial software maker PTC in a $22.6 billion all-cash transaction, marking the largest deal in the company's history.

OpenAI chief executive Sam Altman argues that society must accept some level of technological harm as the necessary cost of widespread AI access, creating a sharp philosophical divide with rival lab Anthropic.

Indian benchmark indices pared their early-session advances, with ITC leading gains while HCL Technology faced the steepest losses.

Oil prices dipped as Middle Eastern crude exports rebounded toward pre-war volumes and the G7 prepared to release emergency reserves.

Saudi Aramco has sharply reduced its official selling prices for Asian buyers, widening discounts to their deepest levels in over six years and signalling an aggressive push to protect market share.

International oil prices remain stuck near $100 per barrel despite emergency stock releases, driven by depleted global reserves and severe logistical bottlenecks in the Strait of Hormuz.

Indian car dealerships are grappling with soaring vehicle inventory values and working capital stress as a festive season surge collides with persistent manufacturing backlogs.

Treasurer Jim Chalmers confirmed a budget savings package will be delivered in mid-December while downplaying prospects for additional cost-of-living relief, following an RBA rate hike to 4.60 per cent.