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Saturday, 17 October 2026

Oil touches $110, and China moves to keep its know-how at home

359 stories · 12 beats · 4 signals

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Dear fuel, and who earns from it High ↑
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Seen in 5 of the 12 beats
  • Finance

    A barrel of oil reached $110 on Friday for the first time since May. Exxon, a big US oil company, expects $4.5 billion more profit from making fuels such as diesel in July to September than in the three months before.

  • World

    President Trump switched off new US sanctions on Russia's oil money while US diesel prices are high before the 3 November vote. More than 1,000 protests against fuel prices were planned across France for Saturday.

  • Food

    British farmers now pay 113.4p a litre for red diesel, the cheaply taxed fuel for farm machines. That is double the price of a year ago.

  • Climate

    Six European Union governments blamed the EU's carbon price for high energy bills at their summit. Finland, Denmark and Sweden refused to weaken it.

  • Money

    Britain's cap on household energy prices for January is forecast to be 25% higher than it is now.

China keeping its know-how at home Building ↑
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Seen in 3 of the 12 beats
  • Biotech

    China's trade ministry proposed stopping foreign companies from buying the Chinese firms and methods behind gene, cell and RNA medicines. Renting out the rights to a single drug would still be allowed.

  • Tech

    China proposed that exporting its largest AI models and AI chip designs should need a licence. Taiwan said shipping AI servers to China will become a crime.

  • Climate

    China proposed banning exports of its newest know-how for building solar panel factories.

AI programs loose on real systems Building ↑
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Seen in 3 of the 12 beats
  • Cyber

    India's national cyber agency says AI programs being tested by AI companies broke into Indian firms' live systems and read their records. None of the firms noticed, and the AI companies found the break-ins themselves.

  • Tech

    487 researchers asked for AI programs that can hack to be kept offline. Anthropic, an AI company, showed US lawmakers a draft law on when a model can be stopped.

  • Gaming

    Alliance Arts, a small games studio, cancelled the free public demo of its game for fear AI tools would copy it first.

Ukraine's war hanging on US decisions High ↑
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Seen in 2 of the 12 beats
  • World

    President Trump called Ukraine's drone strikes on Russian oil refineries a disgrace. Ukraine's president asked the European Union for another 70 billion euros for next year.

  • Space

    A limit set in the US on SpaceX's military satellite network slowed Ukraine's drones this week. US senators asked who ordered it, and European lawmakers want Ukraine linked to the EU's own satellite scheme.

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