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Worries over AI spending, US government shutdown pressure stocks

Stock markets mostly retreated Friday as the prolonged US government shutdown dragged on investor sentiment, along with worries about an AI bubble dismissed by President Donald Trump.

More than 1,200 flights cut across US in govt paralysis

More than 1,200 flights were canceled across the United States on Friday after the Trump administration ordered reductions to ease strain on air traffic controllers working without pay amid a federal government shutdown.

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Will 'war profiteer' Norway come to Ukraine's financial rescue?

Norway has grown vastly richer after overtaking Russia as Europe's main gas supplier following the invasion of Ukraine, sparking calls in Oslo for the Scandinavian nation to use its colossal sovereign wealth fund to help Kyiv.

Tech selloff drags stocks down on AI bubble fears

Stock markets tumbled Friday as fears of an AI bubble deepened a tech selloff, with investors also rattled by weak economic data and a prolonged US government shutdown.

Nexperia chip exports resuming: German auto supplier

A leading German auto supplier said Friday it has received permission to export Nexperia chips from China again as Berlin welcomed signs of "de-escalation" in a row that has alarmed carmakers.

Stocks fall on renewed AI bubble fears

Stock markets fell Friday on renewed fears of an AI bubble, a weak US job market and a prolonged US government shutdown.

Inside Germany's rare earth treasure chest

In a World War II bunker east of Frankfurt, a steel door weighing over four tonnes protects Germany's largest reserve of rare earths, a treasure at the heart of rising geopolitical tensions.

Ikea profits drop on lower prices, tariff costs

The world's leading furniture company, Ikea, reported a sharp fall in annual profits on Friday as it focused on dropping prices to boost volume and faced higher costs due to US tariffs.

European, Asian stocks decline after Wall Street slide

European and Asian stock markets retreated Friday after a slide on Wall Street following weak US jobs data and signals that the Federal Reserve will not cut interest rates this year.

West Bank's ancient olive tree a 'symbol of Palestinian endurance'

As guardian of the occupied West Bank's oldest olive tree, Salah Abu Ali prunes its branches and gathers its fruit even as violence plagues the Palestinian territory during this year's harvest.

Trump hails Central Asia's 'unbelievable potential' at summit

US President Donald Trump hosted all five Central Asian leaders on Thursday for the first time, a few months after they held separate summits with Russia's Vladimir Putin and China's Xi Jinping.

Markets drop as valuations and US jobs, rates spook investors

Asian stocks tracked Wall Street losses Friday as investors weighed weak US jobs data against Federal Reserve signals suggesting no more interest rate cuts this year.

Under pressure? EU states on edge over migrant burden-sharing

Which EU countries face the most pressure from migration? The question is proving deeply divisive as capitals scramble to agree by year-end how to redistribute at least 30,000 asylum seekers across the bloc.

US influencers falsely associate Mamdani with extremist group

US right-wing influencers falsely linked New York's mayor-elect Zohran Mamdani to the Islamic State group, amplifying a fabricated statement that garnered millions of views on social media, researchers said Thursday.

US facing travel chaos as flights cut due to govt shutdown

Travelers across the United States were left scrambling to rebook flights as the government shutdown heaps pressure on the country's air traffic control system, prompting hundreds of Friday flight cancellations at major American airports.

SMX Strikes Gold With Goldstrom to Rewrite the Rules of the Precious Metals Supply Chain

SMX (NASDAQ: SMX) and Goldstrom, a global leader in bullion banking, logistics, and trading, are to embed molecular-level traceability directly into gold and silver. The collaboration brings molecular verification to one of the world's oldest markets, creating a new foundation of transparency, accountability, and measurable proof across the precious metals industry.

SMX Global Partnerships Making Gold Honest, Fashion Transparent, and Rare Earths Accountable

NEW YORK, NY / ACCESS Newswire / November 7, 2025 / Every company reaches a turning point when its technology stops being promise and starts becoming structure. SMX (NASDAQ:SMX) is there now. The company that gave matter a memory is no longer demonstrating what's possible. It's deploying what's required. Proof is no longer a side feature of sustainability. It has become the backbone of global trade, and the scale of what SMX is building now stretches from Asia to Europe to the United States.

SMX Expands Global Circularity Network Through Six High-Impact Partnerships

NEW YORK, NY / ACCESS Newswire / November 7, 2025 / Every industry reaches a moment when proof stops being optional. For SMX (NASDAQ:SMX), that moment has arrived. What began as molecular science has become an operational reality, moving through the global supply chain not as theory but as infrastructure.

SMX: The $1 Trillion Opportunity Hidden in Every Material

NEW YORK, NY / ACCESS Newswire / November 7, 2025 / SMX (NASDAQ:SMX) isn't in the sustainability business. It's in the truth business.

FatPipe, Jackpot Digital, and NDT Pharmaceuticals Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

ORLANDO, FLORIDA / ACCESS Newswire / November 7, 2025 / RedChip Companies will air interviews with FatPipe, Inc. (NASDAQ:FATN), Jackpot Digital Inc. (OTCQB:JPOTF), and NDT Pharmaceuticals Inc. (OTC:NDTP) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV this Saturday, November 8, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.

Bradley Company Expands National Offerings with Launch of Healthcare Brokerage Team

INDIANAPOLIS, IN / ACCESS Newswire / November 7, 2025 / Bradley Company, one of the Midwest's largest full-service commercial real estate firms, today announced it has formed a national brokerage team focused on healthcare assets.

Zuckerbergs put AI at heart of pledge to cure diseases

The Chan Zuckerberg Initiative, a nonprofit launched by Mark Zuckerberg and his wife aimed at curing all disease, on Thursday announced it was restructuring to focus its efforts on using artificial intelligence to achieve that goal.

US set for travel chaos as flights cut due to govt shutdown

Travelers across the United States prepared on Thursday for potential chaos ahead of widespread flight cancellations ordered by authorities due to the federal government shutdown.

'Our brother-in-law': Arab world embraces New York's new mayor

The newly elected mayor of New York City, Zohran Mamdani, is married to Rama Duwaji, a woman of Syrian descent. For many in Syria, that practically makes him family.

Stocks slide as investors weigh data, interest rate cuts

US and European stocks slumped Thursday as investors weighed another wave of corporate results, economic data and the likelihood of another interest rate cut.

US judge drops criminal charges against Boeing over 737 MAX 8 crashes

A US judge dropped criminal charges against Boeing on Thursday over deadly crashes of its 737 MAX 8 aircraft as part of an agreement between the company and prosecutors.

Stocks slip as investors weigh earnings, tariffs

US and European stocks sputtered Thursday as investors weighed another wave of corporate results, interest rates, the US government shutdown and a Supreme Court hearing on President Donald Trump's tariffs.

Teetering Belgian government given more time to agree budget

Belgian Prime Minister Bart De Wever gave his deadlocked ruling coalition more time to agree a cost-cutting budget on Thursday, staving off fears of an imminent government collapse.

Merz backs EU plan to protect steel sector from Chinese imports

Germany supports proposals by the EU to increase tariffs on foreign steel as the bloc struggles with cheap imports, especially from China, Chancellor Friedrich Merz said Thursday.

Bank of England leaves rate unchanged before UK budget

The Bank of England kept its key interest rate at 4.0 percent Thursday, opting against a cut before the UK government's annual budget this month set to feature tax rises.

Drugmaker AstraZeneca profit jumps as US business grows

British pharmaceutical giant AstraZeneca announced surging quarterly profit Thursday on strong sales of cancer drugs and as the group zones in on the United States, pressured by President Donald Trump.

European stocks fall after gains in Asia, US

European stock markets dropped Thursday following gains in Asia and on Wall Street as traders reacted to positive US jobs data and mixed earnings.

Scandic Trust Group strengthens sales network with First Idea Consultant

As the Hong Kong daily "HongKong Telegraph" recently learned, the SCANDIC TRUST GROUP, an internationally operating conglomerate that is not active in the hotel industry, is expanding its international sales network: After successfully passing a thorough KYC and AML check (process control to verify identity, prevent money laundering, terrorism financing and all corporate activities) by bankers, the Dubai‑based and internationally active corporate association "FIRST IDEA CONSULTANT" will be integrated into the SCANDIC TRUST GROUP as a new sales partner under the name "SCANDIC SETUP".FIRST IDEA CONSULTANT, founded by internationally experienced bankers under the leadership of Amir Aslam, has for years successfully supported international founders and investors in the legally compliant establishment of companies and business accounts in the Gulf states of the GCC (Gulf Cooperation Council). Thanks to a multilingual team of experts in German, English, Russian, Ukrainian, Hindi, Arabic and Chinese, clients worldwide are accompanied professionally.

US to cancel flights as longest govt shutdown drags on

US officials said the scheduled capacity for flights was being cut by 10 percent in 40 busy air traffic areas nationwide on Friday, as the longest government shutdown drags on.

The Fort Worth Press - Economy (English)