Soaring

The administrative work required to run an effective investment scam has been drastically cut by using merging technologyGet our breaking news email, free app or daily news podcastWithin days of clicking on an online ad for a cryptocurrency trading app, a 29-year-old Queensland man watched his dashboard soar with profits.Making investment gains was as simple as downloading the slick-looking app and browser extension linked to his crypto wallet. So he invested more. Continue reading...

Environmentalists and activists furious as Trump’s policies raise costs for US families. Plus, the undiscovered masterpiece that was left lying in museum storageGood morning. Donald Trump’s statement that oil companies have made “too much money” from the Iran war has angered environmentalists, who say his policies were designed to benefit those very corporations.American families have paid more than $78bn more at the pump since the start of the Iran war, according to a Brown University tracker. And a recent analysis from the environmental advocacy group Climate Power and the Center for American Progress Action Fund, a liberal thinktank, found that Trump’s policies had cost the average American family $285 more when filling up their cars.What policies has Trump enacted to help the oil industry? Since re-entering the White House last year, he has eased dozens of restrictions and regulations on fossil fuel expansion, exempted fossil fuel producers from environmental rules, and signed an executive order last year directing the attorney general to prioritize blocking climate lawsuits targeting oil majors. Trump has also personally invested in major oil companies.What did the supreme court previously rule? In the court’s June decision, the chief justice, John Roberts, said Trump’s first order violated the 14th amendment of the US constitution. “Citizenship, then and now, was the right to have rights – to freely participate in our political community,” he wrote. “The framers of the 14th amendment extended that promise to ‘every free-born person in this land’. We keep that promise today.” Continue reading...

Energy company’s $5.73bn quarterly profits come after Shell posted second highest quarterly earnings on recordBusiness live – latest updatesBP has reported its highest quarterly profits since the first year of Russia’s war on Ukraine because of rising oil and gas prices caused by the Middle East crisis.The oil company’s quarterly profits more than doubled to $5.73bn (£4.27bn) in the three months to the end of June, up $2.5bn from the quarter before, as the ongoing conflict in the Middle East continued to disrupt energy exports from the Gulf. Continue reading...

Prime minister Sanae Takaichi visited Kumamoto prefecture almost a week after a magnitude 7.1 quake hit, killing 38 peopleJapan’s prime minister, Sanae Takaichi, has visited the south-western prefecture of Kumamoto, where recovery efforts are being hampered by heat and a lack of water supplies, almost a week after a magnitude 7.1 earthquake killed dozens and caused widespread damage.Thirty-eight people died during the quake, including one person who died of apparent heatstroke while taking shelter in a car in hot weather, officials said on Monday. Continue reading...

• The KOSPI index rebounded sharply on October 31st, soaring more than 10% after a period of significant decline. • The surge was primarily driven by a rally in semiconductor stocks, which pushed the market upward. • The rapid increase in stock prices triggered a series of "buy sidecars" in the securities market to manage volatility.

Pollution levels in the city were elevated as smoke from Canadian wildfires drifted south across a huge swathe of the USThe sun shone feebly through the thick haze. The smell of burning wood hung thick in the air. Many New Yorkers donned masks as the air quality plummeted amid health warnings.The National Weather Service issued an air-quality alert because pollution levels were elevated as smoke from raging Canadian wildfires drifted south across a huge swathe of the US, reaching all the way to New York City and even beyond out into the Atlantic. Continue reading...

Exclusive: With the technology fast becoming popular in GP surgeries, regulators are monitoring its implementation and potential pitfallsGet our breaking news email, free app or daily news podcastThe federal health department has raised concerns about the use of AI scribes by doctors as the health regulator considers the need for safeguards around the technology.AI scribe tools record, transcribe and summarise conversations between doctors and patients for medical notes, and have boomed in popularity in the past 18 months. Continue reading...