BitGou: Hurricane Melissa wreaks havoc

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Daily Briefing

By Kate Turton

Hello. Hurricane Melissa wreaks havoc in the Caribbean, and nationalist Wilders seeks victory in the Dutch election. Elsewhere, South Korea welcomes Trump, and global firms are cutting jobs due to concerns about AI automation.

Plus, Britain's populist Reform party faces scrutiny transitioning from protest to power.

Today's Top News

People walk along a street in the rain ahead of Hurricane Melissa's landfall, in Santiago de Cuba. REUTERS/Norlys Perez

Hurricane Melissa slammed into Cuba hours after causing devastation in neighboring Jamaica as the strongest-ever storm on record to hit that Caribbean island nation. Follow live.
Dutch voters cast their ballots to choose between doubling down on the anti-immigration nationalism of populist Geert Wilders, who sank the last conservative coalition after a fractious two years, or a return to the center. Bart Meijer joins the Reuters World News podcast from Amsterdam.
US President Donald Trump began the final leg of his Asia trip in South Korea, optimistic about advancing an unresolved tariff deal with President Lee Jae Myung and striking a trade war truce with China's Xi Jinping. Follow our live updates.
The Israeli military said that it had resumed enforcing the Gaza ceasefire agreement after a series of strikes across the enclave that it said were in response to Hamas violations.
Sudanese paramilitary forces beat and shot men fleeing from a long-besieged city in Darfur after capturing it, according to an account from an escapee corroborated by statements from aid officials, satellite images, and unverified social media videos.
At least 64 people died in Rio de Janeiro's most deadly police operation ever, which targeted a major gang days before the city hosts global events related to the United Nations climate summit known as COP30.
Argentine President Javier Milei's libertarian alliance made strong gains in Sunday's midterm elections, but he now faces the challenge of showing he can build a coalition to push through investor-desired reforms.

United States

Nearly 42 million people are set to lose food aid due to the second-longest US government shutdown, as Democrats and Republicans in Congress continue to blame each other for a weeks-long legislative stalemate. For the latest news and expert analysis on the state of US politics and how it matters to the world, sign up for our weekly newsletter.
US military officials involved with expanding operations in Latin America have been asked to sign non-disclosure agreements, three US officials say, a development that raises new questions about a military buildup that Venezuela fears may lead to an invasion.
Trump's presidential approval rating fell in recent days, tying the lowest level of his term, as more Americans frowned on his handling of the cost of living, according to a new Reuters/Ipsos poll.

Business & Markets

Workers move products during Cyber Monday at Amazon's fulfillment center in Robbinsville, New Jersey. REUTERS/Mike Segar/File Photo

Companies around the globe have ramped up job cuts, with blue-chips from Amazon to Nestle and UPS reining in spending while consumer sentiment dims and AI-focused tech companies start to replace jobs with automation.
Spending updates this week from US megacap companies that are investing massively in artificial intelligence could jolt the AI trade that has been a primary driver of the record-breaking US stocks rally.
Tesla critics hope to block the stratospheric compensation proposed for CEO Elon Musk but face an uphill fight. Investors in the electric vehicle maker will decide on November 6 whether to approve the pay package that is potentially worth $1 trillion.
Nvidia is set to make history by becoming the first company to notch $5 trillion market value, extending a powerful rally that has cemented its place at the center of the artificial intelligence boom.
The Federal Reserve is expected to cut interest rates by a quarter of a percentage point as policymakers steer the US economy based on limited data that has nevertheless kept concerns about the strength of the job market top of mind.
Watch our daily rundown for more on global markets.

Britain's populist Reform party faces local authority tests

Reform UK Council Leader Mark Arnull walks on the high street of Daventry, Britain. REUTERS/Jaimi Joy

Britain's Reform UK has surged in popularity on the back of fiery rhetoric against illegal immigrants, the European Union and the country's traditional ruling parties.

But now some of its officials are juggling more mundane issues such as local taxes, refuse collection and filling in potholes, in a first test of the party's governing credentials.

Read more

And Finally...

A necklace with emeralds and rubies, from the "Treasure of San Gennaro" displayed at the Museum of the Treasure of San Gennaro in Naples. REUTERS/Ciro De Luca

With the art world on high alert for any sign of the missing Louvre jewels, one Italian collection says its method of creating a photographic fingerprint of its own priceless gems and artefacts could make them harder to break apart and sell on.

A team of gemology experts has spent more than a decade studying the most valuable pieces of the collection at Naples' Tesoro di San Gennaro. Using microscopes and specialized equipment, the team has photographed more than 10,000 stones.

The process has allowed them to certify the unique characteristics of the gems to provide a kind of forensic fingerprint that experts liken to DNA.

Read more

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