Advertisement
Advertisement

Topic

Business

World

How much does France spend on education?

Protests have been gripping France, with students demanding better learning conditions and more equal opportunities. The education ministry is among the few ministries that have been granted an increase in next year's draft budget, but critics say it still doesn't catch up with inflation. We take a closer look. Plus, OpenAI has apologised to Australia over its handling of government website hacks by a rogue AI agent in June.

World

US payroll data shows young workers' jobs most affected by artificial intelligence

In August, US employment in roles most exposed to AI for people aged between 22 and 25 shrank by 4.4 percent year-on-year. This means there's been a contraction every single month since October 2023, about a year after ChatGPT was first released. The high impact of AI on younger workers is one of the key trends emerging from the Canaries Dashboard, a project led by the Stanford Digital Economy Lab and ADP Research. We spoke to ADP Research's Chief Economist Nela Richardson in our Business segment.

Entertainment

MasterClass Launches Podcast ‘Other People’s Business’ With Martha Stewart as First Guest

MasterClass is getting into the podcast business. The online learning and streaming platform has launched “Other People’s Business,” its first-ever podcast, hosted by MasterClass founder and CEO David Rogier. The weekly audio and video series will feature conversations with Martha Stewart, Malcolm Gladwell, DJ Drama, Chris Voss, Daniel Negreanu and more, “digging into the money, […]

World

Euro falls to 17-month low against dollar on French debt concerns

The euro has stumbled to a 17-month low against the US dollar on concerns about France's ability to bring its public finances in order. The currency has dropped nearly 7 percent from its peak in late January. Meanwhile, global oil prices have fallen despite ongoing tensions around the Arabian Peninsula, after the G7 agreed to release up to 100 million barrels from strategic reserves and oil flows from the Persian Gulf returned to pre-war levels.

Politics

In Brazil, the business of goodies before the presidential election

In #Brazil, the electoral campaign is in full swing. Nearly 159 million voters are called to the polls to elect their deputies, their senators, but above all their president. If the vote is secret, the colours and faces of the candidates are displayed everywhere on the streets, even on goodies and derivatives. A real trade has developed. Our correspondent Fanny Lothaire went to the markets in Rio to discover this phenomenon.

World

France unveils cost-cutting budget amid protests

The French government is seeking €54 billion in savings in its 2027 budget proposal, as it faces pressure over its ballooning public debt. But it's likely to face opposition, especially on proposals that would cap pension increases. Meanwhile, protests by high school students over resources and conditions in classrooms have spread across the country, with the budget likely to further inflame tensions.

Advertisement
Politics

Trump says he doesn't want to work with China on AI safety

US President Donald Trump discussed AI development with dozens of tech bosses at the White House on Tuesday. Ahead of his "super intelligence" luncheon, Trump launched a new AI-powered website for government services, vowing not to stifle the technology's growth. He also said he didn't want to work with Chinese President Xi Jinping on AI oversight. Plus, dozens of dogs are rescued from a breeding farm in South Korea as the country prepares for a complete phaseout of the dog meat industry.

World

France to borrow record €340 billion as Covid-era debt comes due

The French ​government will sell a record amount of bonds to investors next year as it faces a surge in Covid-era debt due for redemption and needing to be refinanced, the public debt management ​office ‌said on Tuesday amid mounting concern about France's surging public deficit and borrowing rates.

Style

M&S links up with Sephora to lure younger shoppers

Beauty specialist will open branded areas in 100 Marks & Spencer stores and will sell its products on chain’s website Business live – latest updates Marks & Spencer has signed a deal with Sephora to open areas under the beauty brand’s name within its stores, in its latest tactic to attract younger shoppers. The French retailer is to launch branded areas staffed by Sephora employees in 100 M&S stores and sell through the British retailer’s website in spring next year. Continue reading...

World

OpenAI scraps release of its latest AI model over safety concerns

OpenAI, the company behind ChatGPT, has decided to cancel the release of its latest agentic model Astra 6.1 because it did not meet safety standards. Rival AI firm Anthropic, meanwhile, is dedicating a large majority of its IPO prospectus to laying out the risk factors associated with AI, according to Reuters. Also in this edition: Russia adds another layer of secrecy to its energy sector and NASA reboots Boeing's struggling Starliner rocket programme.

World

France braces for day of strikes and protests over civil servants' pay

Trade unions in France have called on public sector workers – from train drivers to teachers, health workers and police officers – to stop work and protest at the government's plan to freeze the public sector's pay index, just days before the government is set to unveil its draft budget for 2027. Plus, as Paris Fashion Week kicks off, we speak with an expert on what the struggling luxury sector needs to do towards a more sustainable future.

Advertisement
Science

NASA ORBIT Challenge 2027

The NASA ORBIT (Opportunities in Research, Business, Innovation, and Technology for the Workforce) Challenge invites university and community college students nationwide to work with real NASA intellectual property and mission challenges. Choose your path: develop commercial applications of NASA patents that solve problems here on Earth (ORBIT Earth), or design next-generation technologies for space exploration […]

Style

With turbulence all around, Armani plays it safe and easy in Milan

The late designer’s niece echoes his sense of relaxation, as the house seeks to prove itself to potential buyers A year after the death of Giorgio Armani, the Italian fashion house he founded in 1975 is facing increasing uncertainty about its future ownership. In his will, Armani, who ruled over the business for 50 years, instructed his heirs to sell an initial 15% stake of the company within 18 months of his death. If a private sale does not materialise, an IPO is mandated to take place. Now there are reports the group is readying itself for formal talks with the French conglomerate LVMH, the

World

Iran sees air, land travel chaos as US sanctions bite

Flights between Iran and the United Arab Emirates have been suspended, following tighter US sanctions on Iran's aviation industry. The move effectively cuts Tehran off from Dubai, one of the region's most important commercial hubs. There are also huge backups near Iran's border with Turkey, as overland shipping routes struggle to fill the gaps. Also in this edition: Donald Trump and Xi Jinping hail strong ties between the US and China as they discuss AI, trade and energy.