Nvidia’s value tumbles by $430bn since spy allegations, as major US law firm hired to investigate claims – business live
Posted on Wednesday November 11, 2026

Rolling coverage of the latest economic and financial news

After two days of losses, Nvidia’s stock is expected to recover some lost ground today.

Nvidia’s shares are up almost 5% in premarket trading, ahead of the Wall Street open in just over four hour’s time.

“The FTSE 100 advanced 0.8% to 10,835, putting it ever closer to hitting the magic 11,000 level. It only needs to rise a further 1.5% to win the prize. Hitting 11,000 would have psychological benefits, and doing so could help win over naysayers who say the UK market has nothing to offer.”

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Burnham lauds £12bn offshore wind investment as he prepares for climate summit
Posted on Wednesday November 11, 2026

Package for plan off Norfolk coast revealed as government tries to calm critics after approving Jackdaw gasfield

• UK politics live – latest updates

Andy Burnham has hailed a record investment in offshore wind, as the government tries to repair its green credentials after approving the controversial Jackdaw gasfield in the North Sea.

On Wednesday the government announced a £12bn investment from the German energy company RWE and the US private equity firm KKR, as the prime minister prepares to travel to the Cop31 climate crisis summit in Turkey.

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Police to target 500 chronic shoplifters in retail crime crackdown in England
Posted on Wednesday November 11, 2026

Tactics to include GPS tagging for repeat offenders, high street bans and tougher sentences

Five hundred of the most prolific shoplifters across England will be targeted in a police crackdown on retail crime, with tougher sentences, high street bans and GPS tagging.

The home secretary, Shabana Mahmood, said up to 17 police forces would target the repeat offenders in their area, collecting evidence of offences to secure stronger sentences and ensure they face “real consequences”, backed by an extra £2.5m in funding.

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Prime property, slow sales: why London’s stock of empty high-end flats is piling up
Posted on Wednesday November 11, 2026

Homes in the West End, Mayfair and Marylebone are going unsold – and developers are counting the cost

London has no shortage of luxury flats. There are ultra-modern blocks in the most upmarket neighbourhoods – including Chelsea, Kensington and Mayfair – that offer marble lobbies, concierge services and views across the city’s skyline.

The problem for property developers is finding wealthy residents to fill them, leaving brand-new properties in London’s most desirable postcodes standing empty.

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Nvidia and Jensen Huang sued in US over affair with alleged Chinese spy
Posted on Tuesday November 10, 2026

California lawsuit comes as Donald Trump says FBI is investigating tech CEO’s links with Alice Huang

• Nvidia’s board needs to do some succession planning – sharpish

Nvidia and its chief executive, Jensen Huang, have been accused of misleading shareholders in a lawsuit over the Chinese spying scandal engulfing the $4.3tn (£3.2tn) company.

The legal action came as Donald Trump said the FBI was investigating Huang’s affair with an alleged Chinese spy.

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Germany reportedly bans Chinese drones at military bases over security concerns
Posted on Wednesday November 11, 2026

Western military forces increasingly worried Chinese-made technology ⁠could send ‌sensitive information to Beijing

Germany has banned commercially available Chinese-made drones ⁠from its military bases and training grounds due to security concerns, ⁠according to reports.

Western military forces have grown increasingly concerned that Chinese-made technology ⁠could pose a security risk and may be ​used to transmit ‌sensitive information to Beijing.

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Manchester United close on Mauricio Pochettino deal before settling Carrick’s fate
Posted on Wednesday November 11, 2026

• Pochettino wants to leave USA role for United

• United board meeting scheduled for Wednesday

Manchester United are closing in on agreeing a deal for Mauricio Pochettino to become their head coach if Michael Carrick is sacked in line with the recommendation from Jason Wilcox, the director of football, and Omar Berrada, the chief executive, to Sir Jim Ratcliffe.

Pochettino is the US men’s national team head coach but wants the United job if, as expected, Carrick is removed.

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Danny Kelly, football broadcaster and renowned editor, dies aged 69
Posted on Wednesday November 11, 2026

• Danny Baker pays tribute to the ‘funniest man I knew’

• Kelly was former editor of the NME and Q magazines

Danny Kelly, the renowned sport and music journalist, has died at the age of 69.

A statement from TalkSport, who he joined in 2007 and for whom he broadcast regularly until stepping away in March after being diagnosed with throat cancer, read: “We are heartbroken to share that our much-loved friend and colleague Danny Kelly has died, aged 69. A cherished part of talkSPORT for so many years, Danny brought extraordinary wit, warmth and knowledge to our airwaves. His passion for football, music and life was infectious, and his kindness touched everyone around him.

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