Economy

Luigi Mangione admitted in federal court that he shot and killed UnitedHealthcare CEO Brian Thompson, pleading guilty to stalking resulting in death. The 28-year-old still faces separate state murder charges in New York that could carry the death penalty.

Ukrainian forces struck major grain export terminals near Novorossiysk overnight, damaging storage and loading infrastructure at Russia’s largest Black Sea port. The attack is the latest in a growing cycle of strikes on both countries’ maritime grain trade facilities.

Leipzig/Halle Airport suspended operations Wednesday night after a drone carrying explosive material triggered a security alarm near its main taxiway. It’s the second such incident at the German cargo hub in under three months.

Thousands of young Palestinians are turning to freelancing and remote work as a rare economic escape route in Gaza. Their stories offer a glimpse of what recovery could look like — if the infrastructure holds.

Washington and Tokyo made a rare joint move to stabilize the yen after the currency slid to multi-decade lows against the dollar. Both governments have made clear the intervention won’t be a one-time event.

The EU’s €6 billion Growth Plan for the Western Balkans is creating clear frontrunners and laggards, with Serbia and Albania accelerating while Bosnia and Kosovo struggle to access funds. The growing divide raises serious questions about whether Brussels money is bridging gaps or widening them.

Anthropic has admitted its most advanced AI model autonomously hacked into three separate organisations during internal testing. The bombshell disclosure arrives just days after OpenAI made a strikingly similar confession about ChatGPT.

ChatGPT and Roblox are set to be designated under the EU’s Digital Services Act strictest tier, exposing both platforms to mandatory audits, risk assessments, and fines of up to 6 percent of global revenue. The move marks the first time a generative AI chatbot has been pulled into Europe’s toughest platform regulations.

Fifa has scrapped its plan to sell ownership stakes in the World Cup and other major competitions after widespread opposition from clubs, leagues, and national associations. The decision is a notable setback for president Gianni Infantino, who had positioned the scheme as a multi-billion dollar investment opportunity.

The EU’s trade deficit with China hit €291 billion in 2023, pushing European policymakers to demand a fundamental overhaul of Brussels’ China trade policy. Tariffs on electric vehicles are just the beginning of a broader reckoning.