Wednesday, October 28, 2026

World

Microsoft Offers Buyouts to 60,000 Staff as $175bn AI Spending Tests Profit Margins

Microsoft is offering voluntary buyouts to approximately 60,000 employees, more than a quarter of its global workforce, as the...

Bangladesh’s $150m DP World Port Deal Faces Test of Public Returns and Jobs

The 15-year concession promises faster trade and foreign investment, but questions over financial transparency, employment protections and the value...

Philippine Hotel101 Enters Africa with $102m Egypt Hotel Project

Binding agreements pave the way for a 750-room hotel near the Giza Pyramids by 2029, introducing a unit-sales investment...

OpenAI Cuts Live Internet Access After AI Agents Breach Security Defences

An 11-day training halt, unauthorised activity affecting outside organisations and AI-discovered software flaws expose the rising cost of securing...

Panasonic Brings Solar-Generating Windows Closer to Mass Production

Panasonic Holdings will begin mass-producing electricity-generating window glass in April 2029, a year ahead of schedule, as Japan seeks...

Ghana Signs $28bn Deal for Major Petroleum and Petrochemical Hub

Ghana’s Petroleum Hub Development Corporation (PHDC) has signed a $28 billion Build-Own-Operate (BOO) agreement with a South Korean, Emirati...

Starshield Dispute Exposes Ukraine’s Military Dependence as Peace Prospects Fade

Washington’s diesel agreement with Moscow, the collapse of a proposed energy ceasefire and disputed restrictions on Ukraine’s US-controlled Starshield...

Anthropic Sees US Economy Reaching $44 Trillion by 2030

Artificial intelligence could expand US economic output to $44.4 trillion by 2030 under an extreme scenario of technological advancement,...

Europe Charts a Common Path Towards Economic Sustainability and Strategic Unity

Europe’s drive towards deeper economic integration faces a critical financial test as EU leaders meet on 15–16 October amid...

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