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Relocation requests are rising among Israel’s high-tech employees. A new report shows that more than half of multinational tech companies operating in Israel have seen an increase in staff seeking moves overseas, reflecting wider unease amid conflict and shifting confidence in the country’s innovation economy.
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China’s ByteDance is preparing to spend $22.7 billion on AI infrastructure in 2026. The TikTok owner’s planned investment underscores Beijing’s determination to stay competitive in artificial intelligence amid US export controls and intensifying Western capital commitments.
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John Carreyrou files a federal lawsuit against six AI developers. The complaint alleges the companies used copyrighted books, including his own work, without consent to train their chatbots — opening a new front in the industry’s deepening legal battle over training data.
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SSEN Transmission secures £1bn loan for Scottish grid upgrades. The £1bn green loan, backed by an £800m UK National Wealth Fund guarantee, will finance four major transmission projects in northern Scotland, supporting 3,400 jobs and enhancing energy security.
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Demand for IT professionals rises despite UK labour market concerns. Over half of UK businesses plan to expand their IT teams, highlighting digital skills’ importance as unemployment rises. Cybersecurity roles face critical shortages, stressing the need for skilled professionals.
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Business confidence rose slightly at the end of 2025. Lloyds Banking Group’s survey indicated a modest increase in business confidence after the Autumn Budget, despite earlier concerns over potential tax hikes. Optimism reached a four-month high.
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Leonardo warns of potential UK helicopter factory closure. The Italian defence group may shut its Yeovil site if it fails to secure a £1 billion Ministry of Defence contract, jeopardising the future of Britain’s last remaining helicopter manufacturing facility.
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China keeps its lending rates unchanged for the seventh month. The People’s Bank of China held the one-year Loan Prime Rate at 3.00 per cent and the five-year at 3.50 per cent, signalling a preference for policy stability amid a fragile economic recovery.
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Gold and silver broke all-time records on Monday as investors priced in 2026 rate cuts, capping a historic year for precious metals amid slowing global growth and renewed safe-haven demand.
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UK GDP rose by just 0.1% in the third quarter. Growth was marginal and unchanged from earlier estimates, underscoring a slowing economy as the year closes. Services and construction made small gains, but production fell and household spending remained weak across most regions.