HSBC makes £10bn bet on Hong Kong as ‘super-connector’ for China and west 09. October 2025 (14:16) Deal will mean Hang Seng Bank’s shares are taken off local stock exchange as HSBC doubles down on Asian businessBusiness live – latest updatesHSBC is shelling out £10bn to take its Hong Kong subsidiary private, in a move it said was designed to take advantage of the financial hub’s role as a “super-connector” between China and global markets.The deal will result in Hang Seng Bank’s shares being taken off the local stock exchange as London-headquartered HSBC doubles down on its Asian business and snaps up the 36.5% of shares it does not already own. Continue reading...(The Guardian)
Britain missing out on potential £2bn recycling industry by exporting plastic waste 09. October 2025 (14:05) Exclusive: Government failure to close loophole allows 600,000 tonnes to be shipped abroad each yearA plastic recycling industry potentially worth £2bn and 5,000 jobs is dying in the UK because of government failure to close a loophole that allows 600,000 tonnes of plastic waste to be exported each year.The Guardian can reveal that in the past two years 21 plastic recycling and processing factories across the UK have shut down due to the scale of exports, the cheap price of virgin plastic and an influx of cheap plastic from Asia, according to data gathered by industry insiders. Continue reading...(The Guardian)
László Krasznahorkai wins the Nobel prize in literature 2025 09. October 2025 (14:04) The Hungarian novelist whose books ‘reaffirm the power of art’ was announced as winner at a ceremony in Stockholm• Nobel prize in literature 2025 live: László Krasznahorkai wins ‘for his compelling and visionary oeuvre’The Nobel prize in literature for 2025 has been awarded to Hungarian author László Krasznahorkai, the Swedish Academy has announced.The Academy cited the 71-year-old’s “compelling and visionary oeuvre that, in the midst of apocalyptic terror, reaffirms the power of art”. Continue reading...(The Guardian)
Alarm as CDC calls for separate MMR vaccines despite measles outbreak 09. October 2025 (14:00) Concerns that three separate shots would be more costly and time-consuming, and keep kids from being vaccinatedThe measles, mumps and rubella (MMR) vaccine is undergoing more scrutiny by the Trump administration in their ongoing reassessment of vaccines despite the worst measles outbreak in decades.Jim O’Neill, the deputy secretary of the US Department of Health and Human Services (HHS) and the acting director of the US Centers for Disease Control and Prevention (CDC), called on Monday for new vaccines to replace the current MMR shots. Continue reading...(The Guardian)
