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Stock Market Slides as Oil Spikes and AI Safety Concerns Mount
Stock markets slide worldwide as oil climbs on US-Iran deadlock and AI safety worries. Brent crude near $108, Treasury yields elevated, emerging markets hit hardest.
Google Marks 28th Birthday on September 27 With Nostalgic Doodle
Google turns 28 on September 27, 2026, marking 28 years since Larry Page and Sergey Brin founded the search engine. The company celebrates with a nostalgic Doodle and reflects on its global expansion.
Germany Raises Retirement Age to 64: What Millions of Workers Face in 2026
Germany plans to raise retirement age to 64 for long-term workers. Union and SPD clash over pension reform details as millions face longer working years.
ANZ Cuts 400 Tech Jobs, 10 Senior Bankers Exit by October
ANZ cuts 400+ tech jobs and loses 10 senior bankers by October as CEO Nuno Matos accelerates offshore restructure. Over 100 NZ IT roles affected as bank moves testing to India and Philippines.
Australia’s Unemployment Hits 4.6% in August, Highest Since Pandemic
Australia’s unemployment rate climbed to 4.6% in August, the highest since the pandemic ended. More people are entering the workforce while part-time jobs grow and full-time roles shrink.
Julius Schüle Druckguss meldet Insolvenz an: 152 Jobs in Gefahr
German aluminum die-casting supplier Julius Schüle Druckguss enters insolvency proceedings. 152 jobs at risk in Schwäbisch Gmünd as company seeks investor. Wages secured through November.
Admiral Cuts 500 UK Jobs to Save £100m in Largest Redundancy Round
Admiral Group cuts 500 jobs in UK insurance business to save £100m. The Cardiff-based FTSE 100 firm begins 45-day consultation with staff. Enhanced redundancy packages offered.
USDA Issues Class I Meat Recall: 167,639 Pounds Bypass Federal Inspection
Star Meat Delivery recalls 167,639 pounds of beef, pork, and goat products produced without USDA inspection but bearing false inspection marks. Class I recall affects retailers and restaurants nationwide.
Claude Opus 5.5 Launches at 40% Lower Cost as OpenAI Fires Back
Anthropic’s Claude Opus 5.5 cuts API costs 40% to $4/$20 per million tokens. OpenAI responds with GPT-6 Sol and Luna at half price. Direct competition heats up in AI model market on September 22.