Pmi

• India's manufacturing sector experienced its fastest expansion in three months during May, driven by sustained demand. • Despite the growth, businesses faced some of the most intense cost pressures seen in nearly four years. • Business optimism has declined, reaching its lowest level since February.

Exclusive: Workers sign petitions over applications of AI by governments for defence and intelligence, and vote to unioniseGoogle DeepMind has agreed to enter formal talks with UK tech workers that could lead to trade union representation, in a groundbreaking move that comes amid growing staff concerns about the use of its AI by the US and Israeli governments’ defence and intelligence.The artificial intelligence arm of the multi-trillion dollar Google empire, led by the Nobel prize winner Demis Hassabis, has agreed to meet the Communications Workers Union and Unite at the Advisory, Conciliation and Arbitration Service (Acas) after several hundred workers based at its London headquarters earlier this month voted to unionise. Continue reading...

• India's manufacturing PMI increased to 54.7 in April from 53.9 in March, indicating continued expansion in the sector despite external headwinds. • The uptick reflects strong demand and production growth, though inflationary pressures have intensified due to ongoing Middle East geopolitical tensions affecting commodity prices. • A PMI above 50 signals economic expansion, and the improvement suggests Indian manufacturers are maintaining resilience in production activity and order books.

Exclusive: Worker pointed to Iran war and Pentagon’s Anthropic feud as indications the department is ‘not a responsible partner’Workers developing Google’s artificial intelligence products in the UK have voted to unionize, in part out of concerns about a deal between the company and the US military that was announced last week.In a letter slated to go to management on Tuesday and shared exclusively with the Guardian, workers at Google DeepMind, the company’s AI research laboratory, requested recognition of the Communication Workers Union and Unite the Union as joint representatives of the lab’s UK-based staff. Continue reading...

• Google DeepMind released AlphaFold 4 on April 25, 2026, predicting protein structures with 98.5% accuracy, including dynamics for drug discovery. • Model simulates folding pathways in seconds for proteins up to 5,000 residues, licensed to 200 US biotech firms. • Advances could accelerate FDA approvals for 50+ new therapies, valued at $100 billion market impact.

• The Institute for Supply Management’s Purchasing Managers Index revealed business input prices rose 7.7 percentage points in March 2026. • This spike reflects heightened costs amid geopolitical tensions and oil price volatility, contributing to broader inflationary pressures. • The data underscores challenges for corporate earnings and economic indicators as firms face elevated expenses.

• The US Composite PMI dropped to 51.4 in March 2026, marking its lowest level since April 2025 and indicating slowing economic growth across the board. • Business activity hit an 11-month low driven by softened orders and price surges, with the services sector leading the slowdown while manufacturing remained more resilient. • Employment fell for the first time in over a year amid weakening confidence, while sharp input cost rises pushed selling prices higher across the economy.