Tesla Q3 deliveries beat forecasts at 486,532 as annual growth comes back into reach
Tesla delivered substantially more vehicles than analysts expected in the third quarter, putting annual volume growth back within reach even though deliveries remained below the unusually strong year-earlier quarter.
France student protests spread across more than 1,200 high schools as arrests top 5,000
Student protests have spread across more than 1,200 French high schools, with over 5,000 arrests as demands over staffing and school conditions intensify.
Spain housing protests draw 70,000 in Madrid after parliament rejects emergency measures
About 70,000 people marched in Madrid as housing protests spread across Spain following parliament’s rejection of emergency measures proposed by the government.
North Korea says intermediate-range missile hit 1,000-km target as tensions rise
North Korea says an intermediate-range missile struck a target 1,000 km away, while South Korea assessed the October 3 launch at more than 700 km.
AI uses cutting-edge GPUs, so why is NXP investing in 40nm to 130nm chips on 300mm wafers?
VisionPower Semiconductor Manufacturing Company’s new Singapore fab will produce 40nm to 130nm specialty chips on 300mm wafers rather than leading-edge processors. The investment highlights a less-publicised semiconductor transition in which mature-node analog, power-management and mixed-signal devices are adopting larger wafers to improve cost, capacity and supply resilience.
China copper supply condition puts Anglo Teck merger at centre of concentrate squeeze
China is reportedly seeking copper concentrate supply commitments before approving the Anglo American and Teck Resources merger. The demand would connect a $54 billion transaction involving only about 5% of global copper supply to a much bigger problem: China’s enormous smelting industry is running short of mine feed.
US reportedly prepares about $4.2bn Vistra loan for nuclear plant uprates
The US is reportedly preparing about $4.2 billion of financing for Vistra nuclear uprates, but the package had not been formally announced as of October 3.
US job growth slows to 29,000 as July payrolls are revised into contraction
US employers added only 29,000 jobs in September as earlier payroll figures were revised lower, including a revised 10,000-job contraction in July.
Kenya Salama highway crash kills 17 pilgrims as investigators examine overtaking sequence
Seventeen Catholic pilgrims and their driver have died in a multi-vehicle crash at Salama as Kenya’s NTSA investigates the collision on a known highway black spot.
Why RTX’s $24.4bn SM-6 deal is bigger than another giant Pentagon contract
Raytheon has secured a US Navy contract valued at up to $24.4 billion for Standard Missile-6 interceptors, but the real test is whether RTX can convert a seven-year production framework into more than 500 missiles annually while rebuilding strained US inventories.