Norway’s sovereign wealth fund, one of Tesla’s largest investors, has voted against Elon Musk’s massive pay package, citing concerns over its size and key-person dependence, even as Musk warns he may step back if the deal is rejected.
Amazon has struck a $38 billion cloud partnership with OpenAI, marking a shift away from Microsoft’s exclusive role and fueling speculation of an OpenAI IPO as Big Tech stocks rise despite broader market softness.
Norway’s $2 trillion sovereign wealth fund has voted against Elon Musk’s trillion-dollar Tesla pay plan ahead of this week’s shareholder meeting, raising concerns over deal size, dilution, and key-person risk despite his leadership impact.
Indian financial markets will remain shut on November 5, 2025, for Guru Nanak Jayanti, marking a midweek holiday for NSE, BSE, and commodity exchanges. Trading across all segments will resume Thursday.
The US Supreme Court will soon hear a historic case on whether former President Donald Trump had the authority to impose sweeping tariffs under the International Emergency Economic Powers Act — a decision that could redefine American trade policy and jeopardize billions in tariff revenue.
Royal Mail has revealed its new Christmas stamps designed by award-winning illustrator Paula Doherty, featuring traditional Nativity scenes created in consultation with scholars from King’s College London and the University of Oxford.
Oxford University is studying the environmental impact of growing generative AI use and taking steps to reduce its carbon footprint, while supporting students and staff with secure AI tools and training.
Biotech entrepreneur Cathy Tie, known as “Biotech Barbie,” has launched Manhattan Genomics to pursue human-embryo gene editing, arguing it could prevent severe genetic diseases. While she cites growing public support, top researchers warn the science and ethics are not ready for CRISPR babies and call for extreme caution.
Global climate talks at COP30 in Brazil open under heightened urgency as the United States, led by President Donald Trump, exits the Paris Agreement for the second time and reverses clean-energy policies. Experts warn that while U.S. emissions will still decline, rollbacks could add up to 470 million tonnes of CO₂ annually compared to Biden-era projections.
Polimoda has selected Luigi Simonetti and Syncroni by Hatem Ben Hassine as the winners of Talent 2025, recognising two visionary projects that fuse craftsmanship and advanced digital solutions to redefine the future of fashion. The winning concepts highlight sustainability, cultural heritage and next-generation production innovation.
