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European shares extended their rally to fresh record highs on Wednesday, buoyed by optimism over a potential resolution to the prolonged US government shutdown and a steady stream of upbeat corporate news.

The region-wide STOXX 600 index rose 0.5% in early trading to an all-time high of 583.4, with major bourses in positive territory.

Investor sentiment was lifted after the US Senate approved a temporary funding bill to end the record 43-day shutdown, with markets betting that the measure will secure full passage in the coming days. There were broad-based gains led by healthcare and luxury stocks, after a positive brokerage note on Novo Nordisk and speculation of a Chinese expansion by Louis Vuitton boosted sentiment across the region.

The euro remains under slight pressure, trading around $1.157 per € at 11.30 CET after a modest retreat. This comes as the US dollar steadies amid improving risk sentiment and hopes that the US government shutdown will soon be resolved. On the commodity front, energy prices are drifting slightly lower as crude oil futures slipped, reflecting calmer concerns about supply disruptions.

On this side of the ocean, yields on UK government bonds, or gilts, rose sharply as investors grew uneasy over the prospect that Prime Minister Sir Keir Starmer and Chancellor Rachel Reeves could face pressure to step down following the Budget. Downing Street said Starmer would resist any leadership challenge.

London’s FTSE 100 edged higher on Wednesday, hovering near the 10,000 mark to trade at fresh record highs, as investors shrugged off volatility in global tech shares.

“UK stocks made progress despite some volatility in the AI space in the US and Asia overnight,” said AJ Bell investment director Russ Mould.

Meanwhile, multinational energy company SSE saw its share price skyrocket by more than 12% after it unveiled an ambitious investment plan. It will nearly double its investment to £33bn (€37.5bn) by 2027 and will be partly financed by a £2bn equity raise with the remainder coming from debt, asset sales and existing cash flow.

Phil Ross, equity research analyst at Quilter Cheviot, said the market had begun to wonder whether SSE might raise capital to fund its strong future growth prospects, and this uncertainty had weighed on the shares in recent months.

“This morning’s announced equity raise puts those doubts to bed as part of the new CEO’s strategy, and leaves a clear pathway to profitable and reliable growth, focusing on the big opportunity in UK power networks,” Ross said, adding: “With the future runway for growth now in place, the company is in a great position to cement itself as one of the UK’s leading energy groups in the UK.”

UK-based BAE Systems reported strong performance for its financial year. The company said robust demand supported BAE’s expectations for further profit growth.

The defence giant has secured more than £27bn (€30.6bn) in orders so far this year, with additional deals expected before year-end.

The company reaffirmed its recently upgraded full-year guidance, forecasting sales growth of 8–10% and underlying operating profit growth of 9–11%. BAE plans to return about £1.5bn (€1.7bn) to shareholders through dividends and share buybacks in 2025. Shares were little changed in early trading.

One of the key developments shaping international market sentiment on Tuesday was SoftBank’s decision to sell its entire stake in Nvidia, worth $5.83 bn (€5bn). This move resulted in a 10% dive of the Japanese technology company’s share prices on Wednesday in the Asian trade, as equity markets reacted unfavourably to the surprise announcement.

“Corrections are a healthy and necessary fact of life in financial markets, but investors will be wary of any signs this is turning into a pronounced sell-off,” according to Mould, who added that attention is now turning to Nvidia’s third-quarter earnings update on 19 November.

Mould also highlighted that once the US government shutdown is resolved, investors will focus on a wave of upcoming US economic data, including third-quarter GDP.

In more corporate news, the world’s largest electronics maker, Foxconn, posted anticipation-exceeding results showing a jump in its third-quarter profit of 17% from a year earlier, fuelled by growth in its artificial intelligence server business.

The company said it was “optimistic” about the performance of AI and smart consumer electronics in the fourth quarter, which are expected to show significant growth momentum.

Pentagon chief Pete Hegseth says attacks take place in international waters amid mounting criticism against US campaign.

The United States has carried out another set of military strikes against what it says are drug boats in international waters headed to the country.

Pentagon chief Pete Hegseth said on Monday that the US military targeted two vessels in the eastern Pacific Ocean on Sunday, killing six people.

“These vessels were known by our intelligence to be associated with illicit narcotics smuggling, were carrying narcotics, and were transiting along a known narco-trafficking transit route in the Eastern Pacific,” he wrote in a social media post.

“Both strikes were conducted in international waters, and three male narco-terrorists were aboard each vessel. All six were killed. No US forces were harmed.”

The administration of President Donald Trump has faced mounting criticism over such attacks, including accusations of violating domestic and international law.

But Washington appears to be stepping up the campaign. Sunday’s deadly double attack was the fourth this month. Previous strikes in the Pacific and Caribbean Sea killed at least eight people, according to US authorities.

The Trump administration started targeting boats in the Caribbean in September and later expanded its military push to the Pacific Ocean.

The US has carried out 18 strikes on vessels so far, killing dozens of people.

Last month, United Nations rights chief Volker Turk said the US attacks have no justification under international law.

“These attacks – and their mounting human cost – are unacceptable,” Turk said. “The US must halt such attacks and take all measures necessary to prevent the extrajudicial killing of people aboard these boats, whatever the criminal conduct alleged against them.”

The US has described the attacks as “counterterrorism” operations after having designated drug cartels as “terrorists”.

“Under President Trump, we are protecting the homeland and killing these cartel terrorists who wish to harm our country and its people,” Hegseth said on Monday.

Other than grainy footage showing the strikes, the Trump administration has not provided concrete proof that the vessels targeted were carrying drugs.

Trump himself has previously joked that fishermen are now afraid to operate in the Caribbean off the coast of Venezuela.

Critics have questioned why US authorities would not monitor the boats and intercept them when they enter the country’s territorial waters instead of extrajudicially executing the suspects.

The strikes have sparked regional tensions, particularly with Venezuela, with Trump accusing its president, Nicolas Maduro, of links to “narcoterrorists”.

The ramped-up US military campaign near Venezuela has raised speculation that Washington may be preparing for conflict in the oil-rich South American country.

This month, Trump suggested that war with Venezuela is unlikely but said Maduro’s days are numbered.

Channel 4’s new drama Trespasses aired its first episode on Sunday night

Channel 4 viewers have voiced their frustrations over Gillian Anderson’s new series, Trespasses.

While some fans were enamoured with the fresh drama, others were less than impressed by what they deemed to be “dodgy” Irish accents.

Taking to social media platform X, previously known as Twitter, one disgruntled viewer wrote, “At times, I can’t understand a word people are saying …. It’s not just the accents, it’s the dodgy sound quality too #trespasses.”

Another chimed in, “Think I need subtitles on. #Trespasses.”

A third quipped, “#trespasses channel four….. I see what you did there! Getting down n dirty to Into the mystic by Van the man!!! Giving you points for this x, but some of the accents are again shocking!” (sic), reports the Express.

One surprised fan tweeted, “Crikey! I’ve only just recognised Gillian Anderson in #Trespasses. Her # Belfast accent sounds authentic. Struggling to understand when actors speak too rapidly.”

Another queried, “Is it common to say ‘I’m going to the bathroom’ in Northern Ireland? I always assumed that was purely an American phrase.”

Expressing anticipation for the series, one viewer penned, “Looking forward to watching the TV adaptation of #Trespasses on C4. Enjoyed the book when I read it this summer. Lola Petticrew was incredible in Say Nothing, so I have high hopes!”.

Another enthused, “God, it’s fantastic. I’m so glad that it lives and breathes like the book.”

The plot of Trespasses unfolds in a town outside Belfast in the 1970s.

The four-part drama is based on Louise Kennedy’s acclaimed first novel and features Lola Petticrew, Tom Cullen, and Gillian Anderson. The story centres on a forbidden romance during the Troubles.

The synopsis reads, “Working behind the bar of her family pub, serving a mixed crowd including locally stationed soldiers, Catholic schoolteacher Cushla meets Michael, an older Protestant married man, who often defends IRA suspects and is friends with cultured Bohemians who enrage and intrigue her.

“Worlds apart, Cushla knows a relationship like this spells all kinds of trouble, but they are irresistibly drawn to each other.

“In a place where loose lips cost lives and danger lurks in the shadows, amid the fear and paranoia, this illicit affair between the pair ignites and burns bright.”

Trespasses can be streamed on All4.

Nov. 8 (UPI) — The Philippines is under high alert as Typhoon Fung-Wong is forecast to strengthen and make landfall on Luzon as soon as Sunday evening.

The Metro Manila Disaster Risk Reduction and Management Council issued its highest alert in anticipation of the storm making landfall and lashing the Philippines with high winds and heavy rainfall from Sunday through Tuesday.

“This is our highest state of readiness,” Civil Defense Director George Keyser said during an emergency meeting.

“The volume of rain could be unprecedented, even if the eye makes landfall far north,” Keyser said.

He said forecasters are unsure of how much rain to expect, which requires coordination among 17 local governments and national governmental agencies to handle the storm’s impacts.

“Sunday afternoon through Monday night is critical,” Keyser said. “We must clear streets for search-and-rescue and relief efforts.”

The alert helps to ensure the readiness of 486 traffic enforcers, 130 flood control teams, and 40 road emergency crews, in addition to K-9 units, according to the Philippine Information Agency.

It also activates full response protocols for flood control at 71 pumping stations, video monitoring of 85 critical sites, and the immediate deployment of boats, cranes, payloaders and buses for evacuations as needed.

The Philippines are recovering from Tuesday’s strike by Typhoon Kalmaegi, which killed nearly 200 in the Central Philippines, plus another five in Vietnam, CNN reported.

That storm was the 20th cyclone of 2025 and was the deadliest so far as it passed over the Philippines and made landfall eight times across the archipelago before moving on to Vietnam.

Fung-Wong might prove to be stronger, with wind speeds forecast to reach 115 mph before striking the eastern Philippines as soon as Sunday evening local time.

The typhoon’s mass covers 932 miles and already is impacting the eastern portion of the Philippines with strong winds and heavy rainfall.

Fung-Wong is forecast to pass over the northwestern Philippines while moving northwesterly before turning north on Tuesday and the northeasterly toward Taiwan.

Strictly Come Dancing professional Karen Hauer shared an update with her fans on Instagram following a tough night with just hours to go until the latest live show

Strictly Come Dancing star Karen Hauer shared an update on her dog Betty’s health after she underwent surgery. The pro dancer let her fans know that Betty is home and recovering following the procedure.

The beloved pet was recently diagnosed with cancer and has now been undergoing further tests to assess her condition. Betty was seen wearing a blue surgical recovery suit in a snap uploaded to Karen’s stories on Instagram.

She wrote over the post, “Our brave girl is home. A little bit out of it after surgery, but she’s doing so well. Now we wait for results.” She then shared a further update with a video where Betty was laying in her bed while Karen sat beside her on the floor stroking her ears.

In the clip Karen admitted that she and boyfriend, former rugby player Simon Davidson, hadn’t had much sleep with just hours to go before she had to head to work for tonight’s live Strictly show alongside her celebrity partner Harry Aikines-Aryeetey. However, she did admit that Betty had got a good night’s rest and was recovering well from her surgery.

Speaking in the clip Karen said, “Just a little update on Betty. She slept okay last night, even though there were fireworks, and she’s not a fan of fireworks. But she managed to get some rest. Simon and I, really we didn’t get much sleep.

“He’s about to go running in a bit and then I’m going off to work in a bit as well. But she is very comfortable in her little suit, and all the other doggies are giving her some love. Even though they want to give her cuddles and kisses they’re trying to be good and stay away from her now.

“But she’s doing good. Our little baby. One day at a time. “

Then, in a further update she showed Betty heading out for a gentle walk with Simon, while still wearing her surgery suit. Karen shared the devastating news of Betty’s diagnosis with her fans on social media last month.

At the time she shared pictures of Betty, including some from recent vet appointments, and explained, “Last week Simon felt two small lumps on Betty’s belly and under her armpit. We took her to the vet, and the results showed traces of cancer. Our hearts broke.

“It’s grade one as far as we know, and our vets have been absolutely incredible. They’ll be doing further tests to make sure they have all the info and can guide us through the next steps to give our Betty the best treatment possible.”

She then issued a warning to fans over their own pets as she continued, “Please check your fur babies for any lumps or bumps… early detection can make all the difference.”

Strictly Come Dancing airs tonight on BBC One and BBC iPlayer.

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Budget airline Ryanair to scrap the option for passengers to print out and use a paper boarding pass

Ryanair passengers will be forced to use digital boarding passes only from next week.

The budget airline issued update to remind customers, ahead of the big change from Wednesday November 12. From that date, passengers will no longer be able to download and print a physical paper boarding pass.

Instead, they will have to use the digital boarding pass generated in the “myRyanair” app on their mobile device – smartphone or tablet – during check-in process to board any of its flights.

Ryanair insisted the “vast majority” of people already use digital boarding in this way, adding that nearly 80% of its more than 207 million passengers annually did so. But that still means that around 40 million passengers who prefer other methods, including printing their pass, will be impacted.

Dara Brady, Ryanair’s chief marketing officer, said: “While over 80% of passengers already use digital boarding passes, and therefore won’t be affected by this progressive change, we remind the small number of passengers who still print boarding passes to download the myRyanair app ahead of the move to 100% digital boarding passes from Wednesday, 12 November.

“Moving fully digital means a faster, smarter, and greener experience for passengers, whilst also providing easier access to a range of innovative in-app features, including ‘Order to Seat’, live flight information and direct updates during disruption. We look forward to delivering an enhanced travel experience for 100% of our customers, streamlined through our best-in-class myRyanair app.”

Ryanair insisted the move would mean lower airport costs and so fares for all Ryanair passengers, as well as saving 300 tonnes of paper annually.

But it has already had to reassurance customers who fear they will be caught out. For instance, it says that if passengers lose their smartphone or tablet they can get a free boarding pass at the airport, but assuming they have already checked-in to their flight online. The same is true if their battery runs out before they get through airport security, it says, while if it packs up before boarding then they “will be assisted at the gate.”

Then there is the question of what happens if a customer does not have a smartphone with the Ryanair app. The airline says: “If passengers don’t have a smartphone or tablet, as long as they have already checked-in online before arriving at the airport, they will receive a free of charge boarding pass at the airport.”

Ryanair added that, as long as passengers have checked-in online, the digital boarding pass will be available regardless of whether they have a mobile signal or not.

Southern Gaza witnesses raids, intensive artillery shelling as Israel continues its attacks, violating the ceasefire.

Absences surge among US air traffic controllers, who have been working for more than a month without pay.

Airports across the United States are experiencing major delays and cancellations due to an uptick in absences from air traffic controllers, who are under “immense stress and fatigue” from the ongoing, record-breaking US government shutdown, according to the Federal Aviation Administration (FAA).

More than 16,700 US flights were delayed and another 2,282 were cancelled over the weekend from Friday to Sunday, according to FlightAware, a US website that provides real-time flight tracking.

The delays continued into Monday evening in the US, as FlightAware counted more than 4,000 delays and 600 cancellations across major airports, like Chicago O’Hare, Dallas Fort Worth, Denver and Newark.

The FAA said on X that half of its “Core 30” facilities at major US airports were experiencing staffing shortages due to the shutdown, with absences at New York-area airports hitting 80 percent.

Nearly 13,000 air traffic controllers have been working without pay for weeks, ensuring the safety of more than 50,000 daily operations across the national airspace system (NAS).

As we head into this weekend, a surge in callouts is straining staffing levels at multiple…

— The FAA ✈️ (@FAANews) November 1, 2025

Air traffic controllers, who number nearly 13,000 across the US, are classified as “essential workers”, which means they have been working without pay since the shutdown began on October 1.

But the FAA said that there had been a surge in absences, which had forced it to reduce the flow of air traffic in the US to maintain safety standards.

“The shutdown must end so that these controllers receive the pay they’ve earned and travellers can avoid further disruptions and delays,” the FAA said on X on Friday. “When staffing shortages occur, the FAA will reduce the flow of air traffic to maintain safety. This may result in delays or cancellations.”

US Secretary of Transportation Sean Duffy told CBS News’s Face the Nation programme on Sunday that the delays will continue to maintain airline safety.

“We work overtime to make sure the system is safe. And we will slow traffic down, you’ll see delays, we’ll have flights cancelled to make sure the system is safe,” Duffy said, according to a transcript of the programme.

Duffy said that although air traffic controllers were using their absences to work second jobs elsewhere, they would not be fired. “When they’re making decisions to feed their families, I’m not going to fire air traffic controllers,” he said.

The government shutdown is due to enter its 35th day on Tuesday in the US, when it will tie with the 2018-2019 shutdown as the longest in US history.

At least 670,000 civilian federal employees have been furloughed due to the shutdown, while about 730,000 are working without pay, according to the Washington, DC-based Bipartisan Policy Center.

THE UK’s biggest one-day Christmas market is to return in just a few weeks after it was abruptly cancelled last year.

Thousands are expected to attend the event in a historic market town.

Shoppers will be able to choose from 120 stalls set up in the centre of Beverley in Yorkshire next month after council officials confirmed the event would be back in place this year.

Stalls at the Beverley Festival of Christmas will once again be brimming with seasonal gifts and local treats.

There will also be live entertainment, music and dancing – and, of course, an appearance from Santa and his reindeers – as well as birds of prey on display, and traditional brass bands.

The event had to be cancelled at the last-minute in 2024 after Storm Darragh caused chaos across the UK last year.

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Locals and visitors were left disappointed after council officials took the decision to cancel the market in the run up to the event after 34 flood warnings were issued across the country and a cold weather health alert was put in place.

At the time, a spokesperson for East Riding of Yorkshire Council said the event, which was established in 1995 by local shop owner John Bird, had involved six months of planning and the decision to cancel “had not been taken lightly”.

Announcing its return for 2025, councillor Nick Coultish, cabinet member for culture, tourism and leisure at the council, said the event is “the flagship tourism event for our region and is an important date in the calendar for businesses and traders”.

‘Hugely popular’

He added: “It is always a hugely popular event, with visitors from all over the UK coming to enjoy the festive stalls and entertainment. 

“The event will also provide a welcome boost to the local visitor economy at such a wonderful time of the year.”

The council said that Beverley’s historic centre will be “transformed into a magical Christmas shopper’s wonderland” for the event.

News of its return has prompted an outpouring of support and excitement with hundreds of locals and visitors commenting on Facebook.

One person posted: “I cannot wait to stand in this market. So excited.”

Another person wrote: “We will be there.”

A third person said: “Can’t wait. This is one of our fave Christmas markets.”

A fourth person was equally excited at the news the market is to return, posting: “Love Beverley. Nice place.”

A fifth said: “Will defo have to go!”

The festival will again be sponsored by The Beverley Arms, part of hospitality company Thwaites.

Rick Bailey, chairman at Thwaites, said: “We’re so proud that The Beverley Arms is once again part of The Beverley Festival of Christmas, it’s such a special celebration that brings the whole town together, showcases the very best of Beverley, and captures the true spirit of the season.”

This year’s event will run from 10am to 4pm on Sunday, 14 December.

Also making a return to Beverly this year is the Reindeer Rampage Christmas Trail, which is running from 1 November to December 31.

This is a popular event in the town with locals and visitors asked to find Santa‘s reindeer, which are “hiding” in shop windows in Beverley.

You can pick up a free map and reindeer mask from the Tourist Information Centre on Cross Street and find out more details here.

The market itself will take place over several areas in the town, including Saturday Market, and will also feature a parade to mark the start of the festival.

The parade will leave from Wednesday Market when the event opens at 10am and it will move down Toll Gavel to Saturday Market.

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Taking part in the parade will be feature Santa Claus, Rudolph and the rest of his reindeer, live music, comedy acts, steam punks, Bernese mountain dogs and much more.

This year’s event will take place on 14 December in Beverley

When much of Altadena burned in January, it affected not just the city’s homes but also its businesses. Popular local shops went up in flames just like everything else, and work-from-home artisans — displaced from not just their residences but also their work spaces and all the materials contained within — were suddenly without a place to live or a place to work.

On the Westside, the Palisades fire, also in January, tore through Pacific Palisades and Malibu, forever changing the fabric of these tight-knit neighborhoods and small businesses. Although rebuilding efforts are underway, progress and construction are expected to take several years as residents and business owners deal with permit approval, insurance hindrances and inflation.

Even now, local businesses that remain have struggled to regain a foothold.

With the giving spirit in mind this holiday season, we’ve put together this list of gifts from Altadena, Pacific Palisades and Malibu businesses, all of whom were affected in some way by the Eaton and Palisades fires. Purchase one of these items and you’ll spread good cheer (and good money) around areas that still need all the help they can get.

If you make a purchase using some of our links, the L.A. Times may be compensated. Prices and availability of items and experiences in the Gift Guide and on latimes.com are subject to change.