24 h. ago European stocks sink amid fears over tech sector overvaluation

Jensen Huang’s Nvidia is due to release its earnings report on Wednesday.

Politics

7 d. ago The EU has let US tech giants run riot. Diluting our data law will only entrench their power | Johnny Ryan and Georg Riekeles

The GDPR is Europe’s defence against digital oligarchy, child harm and foreign political interference. Deregulation plans are misguidedEurope is hurtling toward digital vassalage. Under Ursula von der Leyen, the European Commission president, EU laws to tackle tech giants have been either not applied or delayed, for fear of offending Donald Trump. Now leaked documents reveal that the European Commission plans to gut a central part of Europe’s digital rulebook. This will hurt Europe’s innovators and hand the future of Europe’s tech sovereignty to US firms.Once Europe’s most hyped law, the General Data Protection Regulation (GDPR) is now on the chopping block. Powerful forces within the European Commission, supported by the German government, hope that deregulation will boost Europe’s tech sector, particularly AI. This is a grave mistake.Johnny Ryan is director of Enforce, a unit of the Irish Council for Civil Liberties. Georg Riekeles is the associate director of the European Policy ...

Science

1 week ago FTSE 100 Live 07 November: IAG and Rightmove shares slide, ITV holds Sky talks

ITV has confirmed early stage talks over a possible sale of its broadcasting arm to Sky.

Politics

1 week ago FTSE 100 Live 07 November: House prices set new record, ITV holds Sky talks

ITV has confirmed early stage talks over a possible sale of its broadcasting arm to Sky.

Society

2 w. ago Away from Brazil’s ‘forest’ Cop30 – the fate of the Congo Rainforest hangs in the balance

The Democratic Republic of Congo government has opened bids for oil and gas drilling across huge swathes of the country, raising fears that the world’s last great rainforest carbon sink could be destroyed, Nick Ferris reports

Politics

3 w. ago EU carmakers ‘days away’ from halting production as chip crisis deepens

European Automobile Manufacturers’ Association say carmakers are relying on reserve stock of Nexperia chip after China’s export banCarmakers in the EU are “days away” from closing production lines, the industry has warned as a crisis over computer chip supplies from China escalates.The European Automobile Manufacturers’ Association (ACEA) issued an urgent warning on Wednesday saying its members, which include Volkswagen, Fiat, Peugeot and BMW, were now working on “reserve stocks but supplies are dwindling”. Continue reading...

Events

4 w. ago Amazon says Web Services are recovering after outage hits millions of users – business live

Fortnite, Roblox, SnapChat, Lloyds Bank, Ring doorbells and Amazon’s own shopping site among services hit by online outageFull story: Amazon Web Services outage hits dozens of websites and appsHeads-up: UBS have upgraded their view on global equities to ‘attractive’, a sign that they think investors should be putting more money into shares.Despite the angst in parts of the market that valuations have risen too high, UBS reckon share prices have further to climb.“We think investors should review current allocations to equities and ensure they are at least consistent with, or modestly higher than, their long-term strategic asset allocation targets. If investors are currently under allocated to equities, we believe they should reallocate excess cash, bond, or high yield credit holdings toward stocks.”“We prefer areas that are exposed to secu­lar growth, like the US, China, (particularly China’s tech sector, which we rate among the Most Attractive sectors globally), as well as global te...

Economics

last month Amazon battles to fix Web Services outage after millions of users report disruption to websites and apps – business live

Fortnite, Roblox, SnapChat, Lloyds Bank and Ring doorbells among services hit by online outageFull story: Amazon Web Services outage hits dozens of websites and appsHeads-up: UBS have upgraded their view on global equities to ‘attractive’, a sign that they think investors should be putting more money into shares.Despite the angst in parts of the market that valuations have risen too high, UBS reckon share prices have further to climb.“We think investors should review current allocations to equities and ensure they are at least consistent with, or modestly higher than, their long-term strategic asset allocation targets. If investors are currently under allocated to equities, we believe they should reallocate excess cash, bond, or high yield credit holdings toward stocks.”“We prefer areas that are exposed to secu­lar growth, like the US, China, (particularly China’s tech sector, which we rate among the Most Attractive sectors globally), as well as global technology, transformational i...

Economics

last month Amazon Web Services outage: 6.5m reports of disruption as many websites and apps hit – business live

Fortnite, Roblox, SnapChat, Lloyds Bank and Ring doorbells among services hit by online outageFull story: Amazon Web Services outage hits dozens of websites and appsHeads-up: UBS have upgraded their view on global equities to ‘attractive’, a sign that they think investors should be putting more money into shares.Despite the angst in parts of the market that valuations have risen too high, UBS reckon share prices have further to climb.“We think investors should review current allocations to equities and ensure they are at least consistent with, or modestly higher than, their long-term strategic asset allocation targets. If investors are currently under allocated to equities, we believe they should reallocate excess cash, bond, or high yield credit holdings toward stocks.”“We prefer areas that are exposed to secu­lar growth, like the US, China, (particularly China’s tech sector, which we rate among the Most Attractive sectors globally), as well as global technology, transformational i...

Events

last month ‘Signs of recovery’ claims Amazon Web Services after internet outage hits many websites and apps – business live

Fortnite, Roblox, SnapChat, Lloyds Bank and Ring doorbells among services hit by online outage Heads-up: UBS have upgraded their view on global equities to ‘attractive’, a sign that they think investors should be putting more money into shares.Despite the angst in parts of the market that valuations have risen too high, UBS reckon share prices have further to climb.“We think investors should review current allocations to equities and ensure they are at least consistent with, or modestly higher than, their long-term strategic asset allocation targets. If investors are currently under allocated to equities, we believe they should reallocate excess cash, bond, or high yield credit holdings toward stocks.”“We prefer areas that are exposed to secu­lar growth, like the US, China, (particularly China’s tech sector, which we rate among the Most Attractive sectors globally), as well as global technology, transformational inno­vations (AI, Power and resources, and Longevity), and pockets with...

Events

last month Major internet outage hits websites, apps and Lloyds Bank after issue at Amazon Web Services – business live

Fortnite, Roblox, SnapChat, Lloyds Bank and Ring doorbells among services hit by online outage Heads-up: UBS have upgraded their view on global equities to ‘attractive’, a sign that they think investors should be putting more money into shares.Despite the angst in parts of the market that valuations have risen too high, UBS reckon share prices have further to climb.“We think investors should review current allocations to equities and ensure they are at least consistent with, or modestly higher than, their long-term strategic asset allocation targets. If investors are currently under allocated to equities, we believe they should reallocate excess cash, bond, or high yield credit holdings toward stocks.”“We prefer areas that are exposed to secu­lar growth, like the US, China, (particularly China’s tech sector, which we rate among the Most Attractive sectors globally), as well as global technology, transformational inno­vations (AI, Power and resources, and Longevity), and pockets with...

Economics