Guardian Columnist Warns Current Market Turmoil Echoes 2008 Crash
Economics writer Larry Elliott says rising oil prices, a bond market sell-off and an AI stock bubble mirror the warning signs that preceded the 2008 financial crisis.
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Mistral raises €3bn, becomes Europe's most valuable AI startup
The Paris-based AI company has closed a €3 billion funding round led by Samsung Electronics, valuing it at more than €21 billion and marking Europe's largest technology equity raise to date.
Hedge fund billionaire Chris Rokos to leave UK tax residency for Greece
Chris Rokos, founder of Rokos Capital Management and Britain's third-highest taxpayer last year, is preparing to move his tax residency to Greece and open an office in Athens, Bloomberg reports.
Houthi Attacks on Saudi Oil Sites Push Brent Crude Toward $100
Yemen's Houthi rebels struck energy facilities across southern Saudi Arabia on 8 September, injuring more than 70 people and driving oil and gas prices sharply higher.
Economy
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Guardian Columnist Warns Current Market Turmoil Echoes 2008 Crash
Economics writer Larry Elliott says rising oil prices, a bond market sell-off and an AI stock bubble mirror the warning signs that preceded the 2008 financial crisis.
airBaltic Files for Chapter 11 Bankruptcy Protection in New York
Latvia's flag carrier has entered a court-supervised restructuring in the United States to cut its debt, securing €350 million in emergency financing while insisting flights and ticket sales continue as normal.
Energy
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China and US took opposite paths through 2026 oil shock
After Iran shut the Strait of Hormuz in February 2026, Beijing leaned harder into clean energy while Washington doubled down on oil and gas. The split is reshaping the global energy map.
Oil prices fall sharply after Hormuz deal ends five-month supply crisis
The US Energy Information Administration has cut its 2026 Brent crude forecast by 14% following a US-Iran agreement that reopened the Strait of Hormuz in June. Global markets are now bracing for an oil glut as supply rushes back — but significant geopolitical risks remain.
Finance
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Nike's Sliding Share Price Puts Its Dow Seat at Risk
Nike has already been dropped from the S&P 100 index. Analysts say its shrinking market value now makes it the most likely candidate to be removed from the Dow Jones Industrial Average as well.
Canada Seeks C$1 Trillion in Foreign Investment at Toronto Summit
Prime Minister Mark Carney is asking global investors for roughly US$723 billion over five years, betting that unease over US tariffs will send capital north.
Personal Finance
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AI tools let scammers pinpoint holiday photos to craft bank fraud texts
Fraudsters are using publicly available AI image-analysis tools to work out where holiday photos were taken, then send convincing fake bank alerts referencing that location. Security researchers say the technique is now accurate enough to fool even cautious travellers.
Report Warns England's Student Loan System Piles Debt on Young
A think tank analysis finds English graduates now face far higher lifetime loan repayments and steeper effective tax rates than earlier generations, as sixth formers await this week's A-level results.
Real Estate
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US homebuilder confidence hits 14-year low streak on affordability crisis
American builder sentiment has now sat below the key threshold of 50 for more than two years, with the July index falling to 34 as high mortgage rates, rising costs, and a paralysed buyer pool continue to grip the market.
Retail
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Apple Cuts EU App Store Fees, Eases Rules for Rival App Stores
Apple has replaced its controversial per-install fee with a flat 5% commission for apps sold outside its App Store, in a move it says resolves its dispute with EU regulators over the Digital Markets Act.
Heathrow Loses Europe's Busiest Airport Title to Istanbul
Heathrow handled 7.86 million passengers in July, fewer than Istanbul's 8.15 million, ending the London airport's run as Europe's top hub. The operator says the figures strengthen its case for a third runway.
Startups
More Startups →Mistral raises €3bn, becomes Europe's most valuable AI startup
The Paris-based AI company has closed a €3 billion funding round led by Samsung Electronics, valuing it at more than €21 billion and marking Europe's largest technology equity raise to date.
US regulator investigates Tesla's driverless Cybercab after fatal crash
America's road safety agency has opened a probe into Tesla's Cybercab robotaxi, hours after the vehicles began carrying passengers in Austin, Texas. The investigation covers roughly 1,000 vehicles and at least nine crashes, including one that killed a pedestrian.
Trade
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Canada Hits Back at US With Tariffs on 700 Products
Canada has imposed retaliatory tariffs of up to 50% on roughly US$20 billion of American goods, deepening a trade dispute that began when President Trump raised duties on Canadian exports earlier this year.
Shein Confirms Hong Kong Listing at Roughly $27bn Valuation
The fast-fashion retailer will list on the Hong Kong Stock Exchange on 1 September, at a valuation far below the $100bn it once commanded, after repeated failed attempts to go public in New York and London.
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All data →Nordic Tech Salary Index
A recurring index of technology salaries across the Nordics — currently seeded with public salary-research data ahead of News Unlimited's first proprietary survey.