Prince Harry, Richard Branson, Steve Bannon, and ‘AI godfathers’ call on AI labs to halt their pursuit of ‘superintelligence’—warning the technology could surpass human control

In a surprising alliance, Prince Harry and Meghan Markle have joined forces with tech leaders like Steve Wozniak and political figures such as Steve Bannon to advocate for a ban on AI 'superintelligence.' This diverse group, which also includes celebrities like will.i.am and Joseph Gordon-Levitt, is raising alarms about the potential dangers of unchecked AI development. Their call to action highlights the urgent need for regulations to ensure that technology serves humanity rather than threatens it, making this a significant moment in the ongoing conversation about the future of artificial intelligence.

China's stock market is showing signs of a rally, and investors are hopeful for new policies to support tech and solar companies during this week's economic policy meeting in Beijing. This is significant as it could provide the necessary boost for the market, helping to stabilize and potentially enhance growth in these key sectors.

Beiersdorf has recently adjusted its sales outlook downward due to challenges faced by its Nivea brand. This is significant as Nivea is one of the company's flagship products, and its struggles could indicate broader issues in the skincare market. Investors and consumers alike will be watching closely to see how Beiersdorf plans to address these challenges and whether it can regain its footing in a competitive landscape.

MTU Aero Engines has exceeded profit expectations, driven by strong commercial demand in the aviation sector. This positive performance highlights the company's resilience and adaptability in a recovering market, showcasing its ability to capitalize on increasing air travel and aircraft production. Such results not only boost investor confidence but also signal a promising outlook for the aerospace industry as a whole.

The dollar has strengthened as oil prices surged following the U.S. sanctions on Russian companies, signaling a robust response to geopolitical tensions. This development is significant as it reflects the U.S. economy's resilience and could influence global markets. Meanwhile, the yen has weakened as investors anticipate more relaxed fiscal and monetary policies in Japan, which could lead to further shifts in currency dynamics.

Sodexo has announced that it expects slower revenue growth in 2026, primarily due to challenges in the US market. This forecast raises concerns about the company's ability to maintain its growth trajectory amidst increasing competition and economic pressures. Investors and stakeholders will be closely monitoring how Sodexo navigates these challenges and what strategies it will implement to adapt to the changing landscape.

Heineken has unveiled an ambitious plan aimed at boosting its beer sales while simultaneously cutting costs. This strategy is significant as it reflects the company's commitment to adapting to market demands and enhancing profitability. By focusing on efficiency and growth, Heineken is positioning itself to better compete in the global beverage market, which is crucial for its long-term success.

Huhtamaki has reported solid Q3 results, showcasing resilience in its flexible packaging segment, which has successfully offset weaknesses in the US market. This is significant as it highlights the company's ability to adapt and thrive despite regional challenges, indicating strong demand for its products and a positive outlook for future growth.