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Rolling coverage of the latest economic and financial news The US economy may be growing too fast for investors, but it’s a different picture in developing markets. The European Bank for Reconstruction and Development warned this morning that growth is slowing across a range of emerging market nations. Government figures are preparing to argue that maintaining March’s buffer is unnecessary at a time when borrowing an…

IPPR finds failure to align testing standards has forced companies to abandon exporting to EU and is costing costing 0.18% of national income The UK is losing out on annual exports to the EU that could be worth as much as £6.5bn without a deal with Brussels that allows manufacturers to jettison duplicate product testing. In the latest attempt to calculate the loss of trade with the EU after Brexit, the IPPR thinktank…

CEO Mark Zuckerberg kicked off the company’s annual Connect event in Menlo Park on Wednesday with a keynote that made one thing clear: Meta is going all-in on Muse. It's even coming to Meta's AI glasses.

The tiny hardware device creates another mobile home for its AI agent Muse.

Meta is building a dedicated hardware device for its new Muse AI agent. The product, called Muse Charm, was briefly shown off by Meta CEO Mark Zuckerberg at the end of tonight's Meta Connect presentation. It looks almost like a chunky smartwatch without the strap - just a big screen, plus a little lanyard for carrying the device around. The Muse Charm has a fingerprint sensor on the top right corner that you can pres…

Meta announced a slate of new wearables during its annual Meta Connect showcase on Wednesday. The star of the event was the new Meta VR Glasses, which pack virtual reality tech into a lightweight smart glasses-style frame with a tethered puck. Meta also announced new pairs of screen-free smart glasses, along with some new AI features and style and frame options. You can catch up on all the highlights from this year's…

Meta's return to the VR glasses realm comes with a promising combination of light weight form factor and enhanced entertainment options.

The Meta VR Glasses. | Photo by Brett Putman / The Verge Meta is launching new VR hardware: a pair of glasses. The new Meta VR Glasses sit on your ears like a typical pair of glasses instead of being strapped over your head, but they still have immersive displays for watching movies, playing games, and getting work done. Imagine a pair of hefty black sunglasses with blacked-out lenses on the outside, but the componen…

Just a couple of weeks after launching Muse, Meta announced that it's "working on" bringing the agent to its smart glasses, including the new glasses it unveiled at Meta Connect. Users will be able to activate Muse from their glasses by saying its name and ask it to handle tasks like guiding a workout, logging meals, or helping them shop for products they're looking at. Muse is just one of several major updates comin…

Meta says the camera-free glasses will be lighter and have up to 12 hours battery life.

The Ray-Ban Meta Audio Glasses have no cameras. | Photo by Brett Putman / The Verge Walking around Meta Connect 2026, everyone's sporting smart glasses in all sorts of shapes, colors, and sizes. It's a marked difference here, a tech bubble where "pervert glasses" are not a concern. Outside Connect, the public backlash against wearable surveillance tech - a catchall term that encompasses not just smart glasses, but al…

Nothing says Italian craftsmanship like a Chinese robot doing a lasso to "L'Amour Toujours."

US health deptartment said it wants to ensure the vaccine orders are "appropriate."

It's unclear what will happen if FBI misses ShinyHunters' deadline.

The Disney+ ad-free plan is now more expensive than Netflix's.

It sounds like a V8, rides like a Flying Spur, but handles like a Continental GT.

Wes Streeting says he leads a ‘ministry for growth’ as Labour seeks to show more defence spending will create UK jobs Defence contractors have promised to create 40,000 apprenticeships, work experience placements and jobs for young people each year, as Wes Streeting claimed to be overseeing a “ministry for growth”. Labour is keen to demonstrate that the rapid increase in defence spending planned for the coming years,…

Trump focus on winning “AI race” may deter China from sharing safety intel.

Torcal SUV can travel up to 375 miles on a single charge and is part of a £350m investment in the VW-owned carmaker’s UK business Bentley is launching its first fully electric car – complete with a drum soundtrack to replace the growl of a combustion engine – as part of a £350m investment in its UK business. The vehicle, an SUV called the Torcal, is Bentley’s cheapest, starting at £173,000, and will be built at its f…

Programme will initially involve voluntary redundancies in the UK but the insurance and pensions firm will consider mandatory job cuts depending on the take-up Legal & General plans to cut 1,000 jobs by the middle of next year, about a tenth of the British insurance and pensions firm’s workforce. António Simões, the chief executive, is wielding the axe as part of his attempts to create a “leaner organisation” since t…

Sunil Bharti Mittal’s Airtel Money targets $9bn IPO in boost for ailing UK stock market Nils Pratley: Does this mark the end of London’s listing drought? Not yet A payments business that operates across Africa and is ultimately controlled by an Indian billionaire has announced its intention to float on the struggling London Stock Exchange. Airtel Money, the mobile money arm of Airtel Africa, is planning one of the bi…

Arrest of Shadrack Sibiya comes as country reels from cases of femicide and alleged police corruption and criminality One of South Africa’s most senior police officers has been charged with raping an 18-year-old woman and grooming a 16-year-old girl, as the country’s police face allegations of corruption and failing to tackle violence against women and girls. Shadrack Sibiya, who was already suspended from his role a…

Accra Reset’s report states countries in the region and global south should take greater control of their health development after USAID debacle The United States’ withdrawal from key aid programs has put healthcare in Africa and the global south “under growing strain” a new report warns. The report says the Trump administration’s cuts to programs such as US Agency for International Development (USAID), as well as th…

After a plane journey in shackles, an Iranian woman found herself in the middle of Africa in a country she did not know existed. She is one of thousands deported from the US on the back of shadowy deals made with dozens of countries. An in-depth investigation reveals the ‘show of force’ costing American taxpayers millions No one would tell the shackled detainees onboard the US immigration plane where they were going.…

Group trapped at Hotel Bamy after US removal as rights groups sound alarm over poor conditions and violence Two men that the Trump administration expelled to Equatorial Guinea were bound, fitted with bags over their heads, beaten and pushed down a flight of stairs, all in plain view of other US deportees, according to witnesses and human rights lawyers. The men – one from Egypt and one from Eritrea – were then taken…