Politics
Democrats Take Congress With Oversight Power and a 60-Vote Hurdle
Their proposed first-100-days agenda includes health care and food assistance. Federal funding expires Dec. 11, before the new Congress convenes.
Global economy
Economy
U.S. Business Activity Slows in October as Final PMI Falls to 55.9
Manufacturing output and services activity both grew at a slower pace, while the score stayed above the 50-point expansion threshold.
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- U.S. Business Activity Slows in October as Final PMI Falls to 55.9
- Bailey Says Midterm Results Could Limit Economic Policy Changes
Environment
Northeast Atlantic Warming Could Cut Plankton Diversity by 2050
Cefas projects about 12% higher diversity among fish and seabed invertebrates, alongside declines for two plankton groups.
Read the storyWorld, business & science
Politics
UK Lawmakers Weigh Westminster Plans as Delay Could Add £420 Million a Year
MPs and peers are being asked to narrow four restoration options to two, while major construction under the programme has yet to begin.
Business
Novonesis Keeps 2026 Outlook After 7% Nine-Month Organic Growth
Adjusted EBITDA margin reached 37.9%, while country exits reduced organic growth by around one percentage point.
Science
Study Links Lower-Temperature Precursor Treatment to Less Voltage Loss
The Korea Herald said the work focuses on lithium-manganese-rich cathodes, which can store more energy than conventional materials but have faced durability barriers.
Policy & central banks
Business
India Probes Pernod Ricard, Diageo Over Scotch Whisky Import Tariffs
Indian tax authorities have launched an investigation into global liquor giants Pernod Ricard and Diageo over allegations that certain bulk Scotch whisky imports were incorrectly classified to benefit from reduced tariff…
Central Banks
BOJ Sets December Meetings on Japanese Government Bond Liquidity
The three groups will meet Dec. 7-8 at the central bank’s head office, with the Bond Market Survey among the topics.
Law
England Opens Licensing Consultation for Shared-Cycle Hire Schemes
The proposal sets national minimum conditions and lets licensing authorities add local rules. The consultation closes Dec. 31, 2026.
Technology
Technology
AutoFlight Reports 47-Minute Autonomous Flight by Five eVTOLs
The company said the lead V5000 covered more than 133 km; its world-first designation is unverified.
Investing
AMD Shares Drop 10.12% to $440.77 During Thursday Trading
The reported figures come from an intraday snapshot on Nov. 5.
Business
Nintendo Keeps Switch 2 Target as Quarterly Sales Fall 41% Year Over Year
Nintendo kept its forecast for 16.5 million Switch 2 units in the fiscal year ending March 2027. Revenue and net profit were below LSEG average estimates, CNBC reported.
Markets & finance
Economy
RBI Sets Dealer Underwriting Floors for ₹36,000 Crore Bond Reissue
The minimum bids are ₹548 crore and ₹310 crore per dealer. Both auctions are scheduled for Nov. 6, with payment and reissue due Nov. 9.
Investing
AST SpaceMobile Extends Two-Session Slide Ahead of Nov. 9 Results
AST shares were at $34.31 by 9:31 a.m. ET Thursday, down $1.31 from the Nov. 4 close.
Business
RedotPay Completes Audits as Stablecoin Firm Advances U.S. IPO Plans
Hong Kong-based stablecoin payments company RedotPay has completed a financial audit as it moves forward with preparations for a potential U.S. initial public offering. RedotPay said Monday that it also finished a separa…
Health & society
Health
CMS Sets 80% Medicare Rate for Additional Same-Day Services in 2027
The final rule limits the change to zero-day global procedures. APMA says it could threaten access to podiatric care.
Health
Sanofi Ends Phase 1 Trial, Terminates SAR448272 Program, Nurix Says
SAR448272 is an oral STAT6 degrader developed under the companies’ collaboration. Nurix no longer expects milestone payments or royalties tied to the program.
Health
Thousands Displaced in Yemen’s Taiz as Illness Cases Exceed 5,000
Anadolu Agency reported the figures. Earlier EconoTimes coverage described disruptions to water pumping and garbage collection in Taiz.
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Blockchain Revolution Series
A block chain or blockchain is a permissionless distributed database that maintains a continuously-growing list of transaction records hardened against tampering and revision. It consists of blocks, holding batches of individual transactions. Each block contains a timestamp and an information linking it to a previous block. The block chain is seen as the main technical innovation of bitcoin, where it serves as the decentralized public ledger of all bitcoin transactions. This original design has been the inspiration for other cryptocurrencies and distributed databases. In this series, we cover latest development stories related to blockchain and its applications around the world.
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