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City of London

  • 2h ago

    Bank of England warns of financial shocks from AI debt and market valuations

    The Bank of England cautioned that rising corporate debt, elevated tech valuations, and autonomous model testing failures could trigger simultaneous adjustments across financial markets.

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Today’s Brief

Passengers storm a cockpit mid-flight

Flydubai attack jolts aviation as Russia pressures NATO and Ukraine’s grid again

A cockpit assault over the Middle East, fresh warnings around Europe and a winter-style strike on Ukraine’s power grid gave the day a hard security edge. In Washington, Donald Trump tried to rename artificial intelligence while regulators moved in the opposite direction, asking whether autonomous systems have already escaped their makers’ control.

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  • Tennessee Christa Pike execution

    Survives lethal injection attempt in Tennessee after Supreme Court cleared execution, transferred to hospital

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European Union · Updated 9m ago

The ageing Union's economy

Commission's budget consolidation proposal and France-Germany car-rule compromise add policy detail but shift no decisions.

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