Shares in artificial intelligence and technology firms have been climbing following an enormous sell-off that wiped trillions of dollars off stock values.
The tech-heavy Nasdaq stock index opened higher following a market rout that began in the US on Thursday before spilling over to Asian and European markets into Friday.
Investors had been selling off tech shares in part due to concerns the Democrat victory in the midterm elections would mean slower artificial intelligence development.
However the latest US employment figures added to a mixed picture for American markets on Friday morning, with an unexpectedly strong 165,000 jobs added to the economy in September.
On Thursday, businesses closely linked to artificial intelligence development took a hammering on stock markets, particularly chip and semiconductor makers.
But the Nasdaq Composite opened up on Friday and flattened out around 1.7% higher by lunchtime, reversing some of its 5.5% fall.
The S&P 500, which tracks the share prices of the largest publicly-traded US companies, was around 0.9% higher by lunchtime. The Dow Jones Industrial Average opened a little down before nudging into positive territory.
Nvidia, which shed hundreds of billions in market value on Thursday after shares slid more than 9%, began Friday up more than 6%but settled around 4% higher as trading continued.
SpaceX and Tesla shares, which were also hammered on Thursday, saw more mixed gains, up more than 6% and nearly 5% respectively.
Chipmakers AMD and Micron both dropped by more than 17% on Thursday, but AMD shares had risen by about 12% on Friday while Micron was up more than 8%.
However, stock markets in Asia and Europe fared worse on Friday.
The Kospi in South Korea closed down 6% on Friday, with shares in chipmaker SK Hynix plunging more than 10%. European markets also fell, with the main indexes in Germany, France and Spain ending the day down.
In the UK, the FTSE 100, which tracks the largest companies on the London Stock Exchange, declined 1.01%.
In addition to the recent market volatility, UK traders were also digesting the latest Bank of England decision to raise interest rates and the signal that another rate rise could be on the cards to curb rising prices.
Dan Coatsworth, head of markets at AJ Bell, said it had been a brutal week for markets, and the key question was whether the jump in the S&P 500 and Nasdaq would be sustained.
“While no-one knows what happens next, it’s clear that we’ve just seen a significant shift in market sentiment,” he said.
“Once investors have had the weekend to catch their breath, next week could give a clearer indication of whether the tech trade is going down the pan or fighting back.”
For one UK city, Christmas has already begun as its markets open today (Friday, November 6). Manchester Christmas Markets is bringing festive shopping, food and drink to the streets of the city.
Wooden chalets line parts of Manchester, where visitors can shop for handmade gifts, artisan products, and international food and drink, as well as take part in family-friendly festive experiences.
Albert Square will be at the heart of the festivities, hosting the 50-metre-high Ferris wheel and a pop-up pub. Manchester’s Giant Santa will also make a comeback alongside a vintage Helter-Skelter.
This year marks the first for a new tree installation with a life-sized selfie sleigh. Over at Cathedral Gardens sits Skate MCR, an undercover ice-skating rink with additional stalls.
In a month’s time, the Manchester Christmas Parade will take place, with more details about the event to come on Sunday, December 6. Overall, the markets will be home to 210 stalls across 10 different city centre sites.
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Where is the Manchester Christmas Market?
The market is spread across the city centre as hundreds of stalls make up the festive atmosphere. This year, locations include Albert Square, Lincoln Square, King Street, St Ann’s Square, Exchange Street, New Cathedral Street, Exchange Square, Corn Exchange, Cathedral Gardens, and Market Street.
When does the market open?
Manchester Christmas Markets will open on Friday, November 6 and run until Tuesday, December 22. The festivities at Albert Square and Cathedral Gardens will remain open throughout the Christmas period until Sunday, January 3.
Meanwhile, Skate MCR ice rink will be open from Friday, November 6 to Sunday, January 3. The market is open seven days a week from 10am until 9pm.
How much is Manchester Christmas Market?
It is free to visit Manchester Christmas Market and you do not need a ticket to enter.
How to get to Manchester Christmas Market
Manchester Christmas Market is best accessed by public transport as Manchester city centre is served by trains, trams and buses. Manchester’s Victoria and Piccadilly Stations are an easy walk to the markets.
Trams and buses on the Bee Network run every 12 minutes, and are said to be the “easiest, cheapest and fastest” way to get to the markets.
Roads and car parks are said to be very busy, with the option of using Greater Manchester’s Park & Ride locations instead. There are multiple car parks within a walking distance of the markets, with Piccadilly Plaza and Chorlton Street being the closest.
This stunning market opens in a few weeks and is the most likely to have snow
01:40, 06 Nov 2026Updated 08:06, 06 Nov 2026
This gorgeous market is likely to have snowfall(Image: joe daniel price via Getty Images)
November has arrived, bringing with it the start of Christmas market season across the UK and Europe. While snow at Christmas in Britain remains somewhat unpredictable, there’s one destination where a white Christmas is far more likely.
And despite being outside the UK, it’s under three hours from London. What’s more, this stunning market has repeatedly been ranked amongst Europe’s finest – and it’s where you’ll find the oldest public Christmas Tree.
Tallinn, Estonia’s capital, is home to one of the continent’s premier Christmas markets and offers the best chance of experiencing snowfall.
Research from Rome2Rio reveals the market has recorded an average of 28.1 snowy days across the past 19 Christmases.
Running from November 20 through to January 6, the market transforms the medieval Town Hall Square into a winter wonderland, with around 40 to 60 wooden stalls.
Liverpool Echo lifestyle reporter Christopher Megrath paid a visit to this spectacular market and declared it amongst the most stunning he’d encountered.
He wrote: “The Old Town Christmas market in Tallinn, Estonia, was by far the most beautiful I’ve ever experienced.
“Unlike its famous Christmas market rivals in cities like Vienna, Cologne, or Salzburg, Tallinn’s market is modest in size.
“I had never heard it mentioned in conversations about Christmas markets, nor did I know anyone who had even visited the country, yet what it lacks in international fame it more than makes up for with its enchanting setting, cosy atmosphere and magical charm.”
Visitors will find themselves overwhelmed by choice at this festive market, which boasts an array of goods ranging from handmade treasures, confectionery, yuletide ornaments and hand-knitted scarves and mittens to ward off the bitter December chill.
RTE crowned the Tallinn market as Europe’s finest, urging visitors to experience the ice-skating rink and the traditional carousel.
Guests can also sample warming mulled wine crafted from indigenous buckthorn berries and fortified with spirits for a particularly luxurious festive beverage.
The market opens its doors towards the end of November, operating between 10am and 8pm, with warming beverages available until 10pm.
NOTHING screams Christmas like the smell of roasted chestnuts, sizzling sausages, and hot mulled wine floating through the air.
Europe’s legendary Christmas markets are preparing for the festive season – and now is the best time to lock in a cheap getaway.
We’ve rounded up some of the best European Christmas markets this year from £84ppSource: Getty
Whether you want to eat gooey Raclette cheese under the Eiffel Tower, gorge on cheap chimney cakes in Prague, or visit a quiet, snowy Venice, we’ve found the very best package deals to get you there for less.
Here is our ultimate guide to Europe’s best festive city breaks, with flights and hotels from just £84pp.
Paris – from £124
Visit the Christmas markets of Paris for £124pp with WowcherSource: Getty
Paris is magical enough in winter, with the Eiffel Tower twinkling, cosy bakeries with warm bread and pastries, and plenty of chic cafes for a tasty hot chocolate.
But if you visit from November 12, you can go rooftop skating at Galeries Lafayette, or browse the near-350 Swiss-style chalet stalls at La Defense Christmas Market.
This is the largest Christmas market in the region, offering massive food tents packed with oozing Raclette cheese, mulled wine and chocolatey crepes, plus plenty of handmade souvenirs and even regular DJ sets.
This £124pp Wowcher offer puts you up in a stylish Parisian hotel for two nights, just a 15-minute walk from La Defense, and bundles in return flights from London, Birmingham, Bristol, Manchester or Edinburgh.
Budapest – from £84
Visit the Advent Bazilika market for a 3D lights show, ice rink and moreSource: Getty
If you want a fairytale festive break, book in a trip to Budapest from mid-November onwards.
The Hungarian capital doesn’t just do one Christmas market – it practically turns the entire downtown area into a glowing winter wonderland.
The two heavy hitters you have to visit are Vorosmarty Square market, packed with around 100 stalls selling handmade Hungarian gifts, and the Advent Bazilika market, with a skating rink, 3D lights show and more right beneath the basilica.
This £84 Wowcher deal includes a stay at your pick of two four-star hotels (the Carlton Hotel Buda Castle or Gold Hotel Budapest) plus return flights from London, Birmingham, Newcastle, Manchester or Edinburgh.
Brussels – from £140
You can book a Christmas market break to Brussels with On the Beach from £140ppSource: Getty
On the Beach doesn’t only offer fly and flop hols – you can actually get cheap Christmas Market deals on there too, like this Brussels break.
The popular Winter Wonders event takes place in the city centre, with over 200 glowing wooden chalets serving melted chocolate and mulled wine, plus a massive Ferris wheel and ice rink.
Wrap up the chilly nights by thawing out in a cosy local tavern with a Trappist beer, local beers brewed under the supervision of monks.
On the Beach offer a two-night break at the Jam Hotel, a swanky spot that blends industrial decor with warm rugs and cosy fires, from £140pp with return flights.
Riga – from £129
Dome Square in Riga, Latvia, lights up with fascinating festive decorationsSource: Getty
Underrated Riga in Latvia sees a maze of cobbled Old Town streets light up at Christmas, overlooked by towering Gothic churches and pastel-coloured buildings that look magical under a thick blanket of snow.
The main event, Riga Christmas Market, takes place in the Dome Square under Riga Cathedral. To warm up, chow down on hot smoked sausages or sip on a steaming cup of hot cranberry juice.
Unlike the mass-produced, samey bits you find at some popular markets, the stalls here are packed with genuine Latvian crafts, like thick woollen mittens, carved wooden sculptures and beeswax candles.
This £129pp Loveholidays offer includes your return flights plus a two-night stay at the gorgeous Rixwell Old Riga Palace Hotel, a homely spot with cosy sloping ceilings, exposed brick and wooden beams.
Prague – from £114
You can visit Prague for £114pp with Wowcher for a cosy Christmas breakSource: Getty
With its towering, needle-like spires and busy market squares, the Czech capital is breathtaking in the winter.
Under the Prague Astronomical Clock in the Old Town Square, you’ll find wooden huts selling pretty glass ornaments, handmade wooden toys and more, all surrounding a gigantic Christmas tree.
With food famously cheaper than spots in Western Europe, you can fill up on spit-roasted meats, sugary chimney cakes and dirt-cheap mugs of hot honey wine.
This £114pp Wowcher offer includes a two-night stay at the four-star Deminka Palace, plus return flights from London, Bristol, Manchester or Edinburgh.
Krakow – from £110
On the Beach offers breaks to Krakow from £110pp, where you can grab cheap festive food and drinksSource: Getty
Krakow is a popular winter city break for good reason, with magical horse-drawn carriages, medieval architecture and an epic Christmas market.
Browse stalls with amber jewellery and hand-painted ornaments, and enjoy mulled wine poured straight from giant wooden barrels.
As for food, go for some sizzling-hot dumplings and some crispy oscypek, which is smoked cheese with cranberry formed into a diamond that looks more like a pretty bauble than something you can eat.
This £110 On the Beach deal includes your flights plus a two-night stay at modern hotel and bar Metropolo By Golden Tulip.
Venice – from £84
Visit Venice in the winter for far less crowds and unique stalls selling masks and ornamentsSource: Getty
Christmas may just be one of the best times to visit Venice, with peaceful gondola rides and smaller Christmas markets where you won’t get caught up in crowds.
St Mark’s Square glows with twinkling lights, while the main Christmas market in Campo Santo Stefano sells unique Carnival masks, jewellery, ceramics and more.
Of course, you cant’ leave without gorging on a tall slice of fluffy Panettone – make sure to wash it down with a rich Italian hot chocolate.
This £84pp Wowcher deal includes a two-night stay at Hotel Al Vivit, plus return flights from London, Manchester, Bristol and Edinburgh.
Christmas Market Mystery Holiday – from £94
You could end up in Amsterdam, Budapest, Iceland, New York or Chicago with a mystery holidaySource: Getty
If you just can’t pick where to go, try a Christmas Market Mystery Holiday. For £94, you could land anywhere from Vienna all the way to New York.
Some stays even come with special experiences, like Santa Village visits in Lapland, glass igloo stays in Finland and a Northern Lights-themed stay in Iceland.
Other destinations you could land include Helsinki, Toronto, Nice, Amsterdam and Chicago.
The Christmas Market Mystery Holiday ticket currently costs £94, saving £5 on full price.
LOOKING for the ultimate festive experience? Craiova in Romania has just been crowned the best Christmas market for 2026.
The festive world spans across its five main city squares with enormous Christmas trees centrepieces, live shows and two million LED lights.
Craiova in Romania has been crowned the best Christmas market for 2026Source: Craiova City HallYou’ll even be able to see Santa Clause flying across the skySource: Craiova City Break
European Best Destinations crowned Craiova as the best Christmas market in Europe thanks to its readers voted for their favourite – it got over 142,000 votes.
Not only is it the best, but it’s the biggest too spanning across 280,000 square metres.
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It has everything you’d expect including a huge ice skating rink in Mihai Viteazul Square where families can zip about on their skates.
Towering overhead is its 40-metre high Ferris Wheel, which is actually the largest of its kind in Romania.
On clear days anyone in a gondola can see across the city, and at night see all the lights from high above the square.
The market is also home to Eastern Europe’s highest-flying Santa sleigh which soars above the crowd and is accompanied by festive music.
Across the market are over 90 hand-painted chalets filled with goodies from souvenirs and gifts to food and drink.
Visitors can pick up traditional Romanian dishes like Oltenian tochitura, which is a pork stew and sarmale which is spiced meat wrapped in cabbage leaves.
There are also classic festive treats on offer like waffles, gingerbread and sweets.
Warm up with a steaming cup of mulled wine, hot cider or hot chocolate.
There’s a 40-metre high Ferris Wheel with views across the citySource: Craiova City Break
There’s lots going on during the day with concerts every weekend, carols by the tree-stage, crafting workshops for children and parades with characters from fairytales.
WASHINGTON — In September, just weeks before Americans were set to vote in this year’s midterm elections, a sudden panic over the dangers posed by artificial intelligence caught the White House off guard. A whistleblower had gained viral attention warning the technology could soon pose an existential threat.
President Trump was quick to dismiss concerns, evoking urgency in the U.S. race to achieve global dominance in superintelligence. He rejected calls to negotiate guardrails on the most advanced AI models with China’s leader, Xi Jinping, weeks later, during a prime opportunity to do so in Washington.
Privately, the president expressed concern that public hysteria over AI could jolt markets that have become excessively concentrated in AI-related stocks. He had already seen fresh polling that showed widespread bipartisan opposition to the boom in construction of AI data centers, a push by Trump that has cannibalized chips and energy from other sectors of the economy, driving up costs.
Now, on the campaign trail in the final days before the vote, Trump is vowing to expand a “golden age” of prosperity through the end of his presidency. But experts say his policies on AI have set the U.S. economy up for a period of tremendous risk over the next two years.
Some of the world’s leading financiers are sounding increasingly alarmed about an AI bubble. Ray Dalio, founder of Bridgewater Associates, has warned that AI stocks have become detached from financial fundamentals, pushing markets to precarious highs. Ken Griffin, the world’s richest hedge fund owner, said last week that AI is “almost certainly” fueling a market bubble that could be on the verge of a burst.
Economists warn that Trump has overseen fiscal policy that would give the federal government fewer tools than it has had in the past to respond to a crisis.
“Trump could easily run into a financial crisis before his term is up,” said Kenneth Rogoff, an economist at Harvard. “It is entirely plausible to have a 30% — or more — drop in the stock market, and in the context of an economy so dependent on AI, this in turn could easily lead to a recession and widespread financial distress.”
Spending on data center infrastructure last winter and spring accounted for nearly all U.S. economic growth, according to independent analyses. Without it, growth would have slowed to a mere fraction of a percentage point, leaving the economy nearly stagnant and flirting with recession.
The Nasdaq 100 has about 70% of its index weight in companies that depend on AI, from semiconductor manufacturers and Big Tech giants to cloud platforms and software providers. Anthropic, one of the top AI industry leaders, plans an initial public offering next month, while its chief rival, OpenAI, expects to go public next year.
From left, Chris Painter, president of the Model Evaluation and Threat Research, Marius Hobbhahn, CEO of Apollo Research, Paul Ohm, professor of law at the Georgetown University Law Center, Kurt Gaudette, senior vice president of Dragos, and Daniel Kokotajlo, executive director of the AI Futures Project, are sworn in to the Senate Homeland Security and Governmental Affairs Subcommittee on Disaster Management, District of Columbia, and Census hearing titled “Rogue AI: Securing the Homeland Against AI Agent Attacks,” in Dirksen Senate Office Building on Wednesday, September 30, 2026.
(Tom Williams/CQ-Roll Call, Inc via Getty Images)
“Because government finances are already strained, with the national debt on a patently unsustainable trajectory, there is no guarantee of a sharp drop in long-term borrowing rates for the government,” Rogoff continued. “So the options for bailing out the financial sector, or fighting recession, could be much more constrained than during the global financial crisis.”
While doubling down on the promise of an untested, frontier technology, Trump’s other economic policies may be hobbling its growth. Tariffs have raised the costs of imported chips, servers, networking equipment, metals and electrical components, and visa restrictions have tied the hands of industry leaders trying to secure the world’s best talent. Runaway federal deficits have driven long-term bond interest rates, adding pressure on AI firms already strapped with debt.
Servaas Storm, an economist closely following the AI sector at the Delft University of Technology, said the industry is already facing severe financial headwinds that could precipitate a panic.
Prices for energy, chips and minerals are driving up the cost of doing business, while early AI adopters such as Microsoft, Meta and Walmart are scaling back its use as employees spend too much time correcting errors, cleaning up low-quality output and addressing security lapses.
Slower adoption could further complicate the search for revenue, particularly for companies already struggling to monetize the technology. For now, hyperscalers are shouldering the cost of financing frontier AI labs that, as Storm put it, “do not have a credible path to profitability.”
“There is indeed an AI bubble in the stock market and in data center construction, which could pop rather soon, as rising debt loads and elevated interest rates could prove too much to sustain it,” Storm said. “That moment is not imminent, but it is approaching — and it will very likely happen before the end of Trump’s presidency.”
An economy already under duress from Trump’s other economic policies — from tariffs and tax cuts to the Iran war — could precipitate further pain, said Darrell Duffie, a finance professor at the Stanford Graduate School of Business.
Leading AI companies are already running “day-after” drills in anticipation of an AI-related crisis within the next year, according to Axios.
Inflation has fallen sharply from its 9% peak in 2022, during a pandemic-era surge, reaching 2.9% by the end of Biden’s presidency. Under Trump, it has climbed once again to 3.7%, driven by rising energy, transportation and housing costs — among the top concerns for voters entering next month’s vote.
Persistent inflation has forced the Federal Reserve to keep interest rates elevated, squeezing borrowers. And those rates — paired with high government spending and concerns over mounting deficits — have pressured the bond market, pushing 10-year Treasury yields to levels not seen since the early 2000s.
“Financial crises, by their nature, are virtually impossible to predict,” Duffie said, asked whether he shared concerns of a potential AI bubble.
“If we know we are going to be in a crisis soon,” he added, “markets advance the crisis to now.”
President Trump said Saturday that Volkswagen’s (VWAGY) (VLKAF) Audi subsidiary plans to build a $4.2B assembly plant in Georgia that will produce 200K SUVs annually.
Volkswagen (VWAGY) (VLKAF) will build the new plant in Macon, Georgia, to manufacture the Audi
This lesser known traditional Christmas market has been crowned the world’s best Christmas market for 2026 with up to 180 stalls
The market is one the cheapest(Image: Getty Images/iStockphoto)
With Christmas fast approaching, a trip to a traditional Christmas market abroad tops many people’s festive wish lists, and there’s one that truly stands out from the rest.
Plenty of people choose a weekend break to soak up the seasonal atmosphere, and this particular destination has just ranked highly in new research carried out by Christmas Tree World, which assessed various markets based on key criteria.
They examined Google searches, December hotel costs, admission charges, number of stalls and access to public transport to ultimately crown the world’s finest Christmas markets for 2026.
Their findings revealed that Nottingham’s Winter Wonderland is ideal for budget-conscious travellers, Dresden’s Striezelmarkt is perfect for families, and Winter Wonders in Brussels serves up the most affordable mulled wine.
Yet, there could only be one overall champion, and that honour went to the hidden treasure that is Christkindlesmarkt in Nuremberg, Germany.
If any location could stake a convincing claim to wearing the crown as the ultimate Christmas market destination, it would be Nuremberg.
It’s nestled within a picturesque and historic city and provides the ideal traditional escape with reasonable prices, accommodation and excellent value for money.
It achieved an impressive 8.2/10 in the study, as a market that has been running for 398 years and still attracts huge crowds today.
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Thanks to its fascinating history and delightful setting, it represents the quintessential traditional German Christmas market many people fantasise about, and with its enormous range of stalls, it certainly delivers. It’s thought to feature around 180 stalls, offering glühwein, bratwurst and the market’s own distinctive Zwetschgenmännle, which are small and adorable decorative figures traditionally crafted using dried prunes.
After paying a visit, one traveller left a review, writing: “The Nuremberg Christmas Market is absolutely magical. The atmosphere is festive and authentic, with beautiful lights, traditional wooden stalls, and a wonderful holiday spirit.
“There is a great variety of local food, mulled wine, and handmade crafts. It can be busy, but it’s well organised and definitely worth the visit. A must-see Christmas market in Germany.”
Another shared their experience, saying: “Visited here after seeing multiple reviews, stating that Newberg market is one of the best in Germany and it truly lived up to the expectation.
“The number of stalls, different handicrafts, and gift items – and obviously the gluhwein was one of the experiences. There are multiple parking spots around the market and easily reachable by train and bus.”
In comparison to other markets throughout Europe and beyond, a December hotel stay costs an average of £144 per night, making it considerably more affordable than other destinations. Most significantly, admission to the market is entirely free, and mulled wine comes at a relatively modest price.
The market runs from Friday 27 November until Thursday 24 December this year, situated in the heart of Hauptmarkt, Nuremberg.
There’s something special about this place, known for its laid-back vibe and thriving bohemian culture, and what I think is arguably one of Britain’s best high streets.
This beautiful town is perfect for autumn(Image: CHUNYIP WONG via Getty Images)
Living in London, life can sometimes feel rather frenetic. While I adore city living, I do try to escape at least a few times a year to properly unwind.
Among my favourite retreats is Totnes, a market town renowned for its relaxed atmosphere and delightful high street,celebrated for its artistic community and flourishing bohemian spirit. It also boasts, in my view, one of Britain’s best high streets.
Beginning at the lower end of the street, you can cross the bridge spanning the River Dart and truly absorb the town’s character from there.
During the summer months, the town is adorned with vibrant bunting, while small boats drift across the water.
In autumn, it’s equally gorgeous, as the trees turn red and gold and the high street lights up with cosy shop fronts to escape from the biting wind.
There is abundant riverside greenery, and the town buzzes with energy. After crossing the bridge, pop into The Curator for a coffee – the first of numerous independent establishments scattered along the high street
The coffee is excellent, and they offer a delightful range of pastries if you fancy settling down for a snack – though don’t overindulge, there’s plenty more to discover.
The high street climbs gradually upwards and is flanked by hundreds of independent retailers, charity shops and tearooms.
Further along the high street, you’ll find the Cornish Bakery, which fills the street with the delicious savoury scent of pasties. They cater for all tastes; even my vegan brother discovered something he truly enjoyed.
As the high street curves round to the left, you’ll come across Butterworth’s Vintage Co, a compact yet impressive secondhand shop stocking everything from knitwear to workwear and even vintage magazines.
Once you’ve had a good root through the merchandise, you might fancy a swift drink or perhaps another bite to eat – and you’re in luck.
Just a short walk from Butterworth’s sits The Bull Inn, a fantastic establishment boasting an extensive organic food menu alongside nine guest rooms, should you need somewhere to stay for the night.
The highlight of The Bull Inn for me is its delightful garden, where you can kick back in the sunshine and watch the world go by. Situated directly across the car park, and much like the rest of the town, it’s frequently adorned with gorgeous bunting.
On a glorious day, it’s truly hard to beat – and if you’re anything like me, you’ll be more than ready to take the weight off your feet after all that browsing along the high street.
On the balcony of a pink dockside building in San Pedro, a neon sign reading “Saturday Morning Fish Market” glows in the darkness. There’s a quiet stillness in the harbor — the only sounds are of the occasional gull and car whirring by. That is, until 1 a.m. rolls around.
Doors open at 1:30 a.m. at the Saturday Morning Fish Market.
This is when people begin to gather outside the roll-up door, some carrying backpacks ready to be filled.
At 1:30 a.m., a man in an orange apron lifts the door, releasing rays of white light onto the customers. They file inside, stepping onto the wet floor, eager to see the night’s beauties: freshly caught fish, filleted, deboned, washed and thrown onto thick mountains of crushed ice.
Shellfish, sardines, squid, mackerel and a market favorite, glowing salmon filets, sit on display. One employee pulls out crabs with a small net before letting a customer take their pick of the lot. Machines whir in an adjacent room, where fish are processed. Out back, sea lions bark, hoping for scraps.
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The Saturday Morning Fish Market, more formally known as J Deluca Fish Co., has existed for some time — owner John DeLuca claims a variation of the business began operating as early as the late ‘60s. As a child, DeLuca would greet his grandfather when he’d return to the San Pedro port with his catch, perhaps a fresh tuna or a bass to sell. For decades, the wholesale seafood distributor would open its market to the public just once a week — from 1:30 to 7:30 a.m. on Saturdays — usually seeing a smattering of mostly locals, the seafaring type, who might be shopping around after a late-night shift.
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1.Harikrishnan Babuchandran holds up his fresh fish. 2.Customers can watch their fish be processed.3.The fish that’s for sale changes from week to week. (Linnea Stephan / For The Times)
The Saturday Morning Fish Market in San Pedro has existed in some form since the late ‘60s but thanks to social media, flocks of new customers are wanting in on the late-night seafood-buying adventure.
Neither DeLuca nor his son and co-owner, Chris, could have predicted the San Pedro institution would experience the boom in popularity it’s seeing now, especially in an industry that’s struggled over the past two decades.
Thanks to social media, the market is witnessing an unprecedented revival. At its pre-pandemic peak, it would get around 800 to 1,000 customers on a typical Saturday morning. Nowadays, up to 2,000 people walk through the doors, according to Chris, many of whom are visiting for the first time.
Owners John and Chris DeLuca.
Regarding Instagram and TikTok, where posts giving a glimpse of the late-night fish market have gone viral, John, 73, says, “I know absolutely zero.”
To his credit, he does exhibit some understanding of its effect. And he’s glad for it. “People that live within walking distance never knew we existed. Now they do, and it’s got nothing to do with me,” he says, grinning.
What’s most notable is the number of young people roaming around the market well before the crack of dawn, Chris says. The business has changed a lot since his “father’s generation,” and social media unlocked access to a new audience.
“I think people like those hidden gems and people like that fresh seafood experience,” he says.
Between rows of sea bass and salmon, the energy is buzzing. Abdul Fahwami, dressed in jeans and flip-flops, visits the fish market at least once or twice a month, depending on how many people he‘s having over at his house that week.
“Every time we come here, we buy a minimum of between 100 and 200 pounds,” he says. “Red snapper is one of the best fish.”
Branzino is a favorite among customers and employees.
He smiles as he watches employees process his fish on a long table. First, blades run against the fish scales, removing them in quick fashion. Then, there’s a swift slice across its belly, starting at a hole near the tail and ending up near the gill plate. Finally, the guts are removed and filets are cut, skin optional.
Prices change week in and week out, and depend on supply. While prices are typically 10% to 40% less than at stores, market representative Joe Castelao says the team values the “quality of our products” over “trying to cater to bargain finders.” Another advantage for customers is the ability to buy seafood in bulk, which often isn’t possible at your standard, local grocer.
On this day, there wasn’t much branzino, the fish Fahwami came early to look for. “I found only 11 pieces,” he says. “I took all of it!”
Not far away, a man named Terry Jackson waits in line; he’s wearing black overalls and swaying side to side, eager to advance.
Customer Terry Jackson at the Saturday Morning Fish Market.
“It’s definitely worth waking up a little late — or a little early, you could say,” he says. “The quality of the fish is good, plus the pricing.”
His fish of choice? “Tuna, my new favorite is tuna!” he says, proudly raising a plastic bag full of bright red filets.
Briskly pacing across the market floor are team members Mike and George Stahl, a father-son duo both wearing orange aprons and gloves.
Mike got into the seafood business about two decades ago. At the time, he lived in Florida and often purchased products from J Deluca Fish Co. By 2018, he’d moved his family out to California and started working at the market.
He says his favorite part is the variety of duties. “No two days are the same,” he says. “One day I could be selling a couple containers of squid, the next day I could be meeting face to face with someone at a conference on the other side of the country.”
Staff member George Stahl helps a patron.
He brought in his son George during the pandemic. As George explains, “We were bored and didn’t have anything to do at home so my dad said, ‘Why don’t you come down and put some boots on and start working?’”
George has become somewhat of a micro-celebrity around the market, frequently appearing in its Instagram posts. However, his time with the company might be temporary — he’s currently in school and plans to be a physical therapist at some point.
While the market is riding a wave of success, John doesn’t gloss over the grim outlook of the fishing and seafood industry as a whole. He says the industry has taken a hit over the years, between restrictions, overfishing and changing regulations.
“It’s a dying business,” John says, bleakly. “There’s very few seiners down here because it’s very difficult to make a living [fishing].
But for now, they’re able to survive. They watch as customers walk out of the market into the wee hours of the morning, proudly grasping their bags of the day’s freshest catch.
“A lot of things have gone the opposite direction,” John says. “But we’re still here.”
The fish market’s blue neon sign shines through the night.
A drone strike near a market in Abyei has killed at least 150 people. Fighting between Sudan and the paramilitary Rapid Support Forces (RSF) has intensified in recent days, as Khartoum accuses the RSF of hiding in the disputed region near South Sudan.
The spot is famed for its cobbled streets, Norman castle and stunning architecture
The town has plenty of shops, cafes and restaurants to visit(Image: Photos by R A Kearton via Getty Images)
Long hailed by poet John Betjeman as “the loveliest town in England,” Ludlow has also earned a global reputation as a premier food and drink destination. With over 500 listed buildings and a skyline dominated by a Norman castle, Ludlow effortlessly blends ancient, storybook charm with a modern appeal.
Winding cobblestone streets lead visitors to delis, bakeries, welcoming pubs and acclaimed restaurants.
Frequently dubbed the “food and drink capital of the Marches”, Ludlow’s thriving hospitality scene is fuelled by its impressive variety of locally sourced produce. In 2024, a Which? Travel survey of more than 9,000 people asked respondents to rate the food and drink in their favourite inland towns and villages.
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As Which? Travel put it, “Instead of a handful of high-end eateries, there’s a culture of local produce as well as numerous pubs and cafes, served by people who care about the food.”
This ethos is reflected on every plate, with an emphasis on fresh, locally sourced ingredients and menus that change with the seasons.
TripAdvisor currently ranks Old Downton Lodge as Ludlow’s finest restaurant, while waterside favourite CSONS is another beloved choice for relaxed, quality dining, along with Kin Kitchen and The French Pantry for café and bistro-style fare. Pub lovers are spoilt for choice with options including The Queens and The Boot Inn, both of which are highly rated on TripAdvisor.
Experts from Ludlow Distillery note that the town’s food and drink scene benefits greatly from a thriving network of local producers, ranging from artisan cheesemakers and bakers to craft brewers and distillers.
They stated: “The strength of this offering is best seen (and tasted) by a visit to the Local to Ludlow Market in the Castle Square (where growers and makers based within 30 miles of the town sell a range of high-quality and carefully selected produce), and the award-winning Broad Bean fine food delicatessen on Broad Street.”
The town proudly champions ‘Slow Food’, a global grassroots movement with thousands of members worldwide that brings together a love of good food with a commitment to community values.
In recent years, the movement in Ludlow has gone from strength to strength.
Slow Food Ludlow Marches offers activities throughout the year, including visits, talks, demonstrations, meals and Taste Workshops at Ludlow Food Festival in September.
Ludlow Food Festival ranks among the town’s most celebrated annual events, regularly drawing around 15,000 visitors to Ludlow Castle over three days.
Both locals and visitors alike can look forward to the Winter Festival at Ludlow Castle. Taking place between 27 and 29 November 2026, the event showcases local entertainment, mulled wine, and much-loved highlights from the Ludlow Food Festival.
Head along on the second or fourth Thursday of the month to discover the Ludlow Local Produce Market, a vibrant showcase of food and drink made within a 30-mile radius.
The stalls champion sustainability and seasonality, turning an ordinary shopping trip into a thoroughly enjoyable afternoon out.
Outside of Shropshire, Wells was named runner-up for inland dining by Which? Travel.
Other destinations receiving recognition include Lavenham in Suffolk, Llangollen in Denbighshire, Stamford in Lincolnshire, and Cartmel in Cumbria. Each offers its own distinctive flavour of a foodie escape.
Fast-track settlement is making East African payments easier—and a new strategy emerges.
This article appears in the October 2026 issue ofGlobal Finance Magazine.
East Africa is beginning to transform the national payment systems used by millions of businesses and consumers into infrastructure for a more integrated regional market. Rather than building an entirely new platform, the emerging strategy is to connect existing systems, enabling money to move between countries more quickly and with less friction.
Rwanda and Tanzania are at the forefront of that effort, working to connect Tanzania’s Instant Payment System (TIPS) with Rwanda’s National Payment Switch (RSwitch) to create an instant-payment corridor under the Cross-Border Payment System Masterplan of the East African Community (EAC).
The work is moving beyond policy discussions into the technical, operational, and regulatory arrangements required to make the system function. Its significance, however, extends beyond faster remittances. If national payment systems become interoperable, businesses could pay suppliers, receive payments from customers, and settle commercial transactions across borders more easily than under traditional arrangements.
Small and midsize enterprises, banks, fintech companies, and mobile-money operators could all benefit if regional payments begin to match the speed and convenience of domestic transactions.
This Rwanda-Tanzania initiative offers the most immediate test of the concept, but it is not the only example of East Africa’s emerging payments architecture. Kenya’s Pesalink, the country’s instant-payment network, connected to the Pan-African Payment and Settlement System (PAPSS) in February. The partnership enables instant, round-the-clock payments from PAPSS participants to banks and mobile-money operators on the Pesalink network in Kenya, with transactions settled in local currencies.
Those two developments illustrate different routes toward the same objective. Rwanda and Tanzania are connecting their national instant payment systems directly, while Kenya is linking its domestic infrastructure to a wider continental network. Together, they suggest that African payments integration may depend less on building a single system than on making existing systems work together.
EAC’s Regional Masterplan
A broader regional effort is also moving into implementation. On August 24, the EAC announced the establishment of three technical working groups to support implementation of its Masterplan. The Masterplan is “anchored on four key pillars”: governance and regulation, infrastructure, inclusivity, and capacity building. It includes 20 strategic initiatives to strengthen cross-border payment systems.
Robert Omotunde, MDU Capital
Total trade for members of the EAC in 2025 is reported at $156.6 billion, including $19.3 billion among partner states, underscoring the system’s commercial implications. As goods and services move more freely across the region, the financial infrastructure supporting those transactions will also need to become easier to use.
“East Africa’s push for interoperable payments could fundamentally change the economics of regional trade,” said Robert Omotunde, executive director and chief investment officer of Lagos-based asset management and advisory firm MDU Capital. “The significance goes beyond making cross-border transactions faster or cheaper; it is about creating the financial infrastructure through which African businesses can trade more seamlessly across borders.”
As the African Continental Free Trade Area expands markets for cross-border businesses and increases demand for payment systems that support that commerce, opportunities could eventually extend beyond the EAC. Faster settlement, lower transaction costs, and greater use of local currencies could reduce some of the financial friction that still accompanies regional trade. While East Africa is beginning to connect payment systems already embedded in its banks, mobile-money networks, and the wider financial system, the region faces the challenge of ensuring those connections operate reliably across different regulatory and monetary environments.
Vincent Nwanma is a contributing writer based in Nigeria.
U.S. officials pressed Chinese counterparts on market access for Mastercard (MA) and Citigroup (C) during at least two bilateral meetings in Bangkok this week, CNBCreported, citing a U.S. Treasury official.
The Treasury delegation, led by Deputy Secretary Francis Brooke, held meetings
Sudan’s army says it struck RSF command centres in South Darfur, but the RSF and its allies say a crowded livestock market was hit. The UN says drone strikes are now the leading cause of civilian deaths in Sudan, as Al Jazeera’s Almigdad Alruhaid reports from Khartoum.
A HISTORIC town will host a festive wonderland with real reindeers for just one day.
The UK’s largest single-day Christmas market is returning with more than 120 stalls this December.
Beverley Festival of Christmas is branded the UK’s largest single-day Christmas marketCredit: East Riding of Yorkshire CouncilThe festive event even features a real reindeerCredit: Visit East Yorkshire
The Beverley Festival of Christmas will return on Sunday, December 13, bringing thousands of visitors to the East Yorkshire town for one of the country’s biggest festive events.
Shoppers will be able to browse more than 120 stalls selling everything from handmade gifts and Christmas decorations to jewellery, homeware and locally produced food.
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The market will spread across Beverley’s historic Saturday Market, Wednesday Market and North Bar, with independent traders offering plenty of inspiration for anyone still searching for Christmas presents.
The day will kick off with a spectacular parade at 10am, setting off from Wednesday Market and travelling along Toll Gavel towards Saturday Market.
Santa Claus will lead the procession alongside his reindeer, with live music, comedy acts, Steampunks, majorettes and Bernese mountain dogs also expected to take part.
Visitors can browse through over 120 market stalls for freeCredit: East Riding of Yorkshire Council
After the parade, Father Christmas and his reindeer will remain in Saturday Market until mid-afternoon, giving families the chance to see them up close and take photographs.
Visitors can also expect traditional Victorian fairground rides, face painting, birds of prey displays and ice sculptures throughout the day.
Brass bands, carol singers and dancers will provide a festive soundtrack as shoppers explore the town centre.
The festival will be running from 10am until 4pm and the entry is free.
The event was first established in 1995 by local shop owner John Bird, who brought Beverley’s traders together to create a special day of Christmas shopping.
It has since grown into one of East Yorkshire’s best-known festive traditions, with 2026 marking its 30th year.
IT’S easy to get into the festive spirit at a Christmas market and they’re even better on the cheap.
In one city that Brits can reach in three hours for less than £30, hotels are £15 per night, and mulled wine at festive stalls is as little as 82p.
Sibiu Christmas has stalls, rides and mulled wine for less than £1Credit: AlamySibiu can be reached from the UK with direct flights that take 3 hoursCredit: Alamy
Sibiu in Romania is the ideal city for a festive break and it was even named as the 18th most underrated destination by Time Out last year.
Not to mention it’s cheap, eurochange has compared the prices of mulled wine across 55 Christmasmarkets across Europe, and Sibiu came out on top.
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A warm cup of infused red wine can be bought from 82p which is hugely cheaper than in the UK, where it can more than £7 a cup.
And you’ll be able to buy it soon too, as its Sibiu Christmas Market is set to open on November 13 all the way through until January 3, 2027.
Held in the Grand Square, the Christmas Market is completely free to enter.
There’s plenty to do, from hopping on the Ferris Wheel, to visiting Santa in his workshop, ice skating, and relaxing at the Chalet where festive drinks (including mulled wine) are served.
On certain evenings, the Chalet will even turn into a party spot with a live DJ.
One visitor described is as ‘magical’ and a ‘photographer’s playground’.
Outside of the Christmas market, there’s lots to see like The Bridge of Lies which has lots of legends and myths behind it – and when lit up at night, can make for a great picture spot too.
Another must-see spot in Sibiu is Muzeul Astra, the largest open-air museum in Europe.
The Christmas market in Sibiu will open in early NovemberCredit: Alamy
Talking to Sun Travel, one Wizz Air flight attendant explained why Sibiu is a must-visit destination.
Niko said: “I’ve been to Sibiu in Romania several times already.
“You have the mountains, so there’s lots of nature, the food is amazing, everything is cheap and the people are so friendly.
“And you should try Papanasi. It’s a Romanian dessert that’s like a doughnut. It tastes amazing, but not good if you’re on a diet.”
It’s not just mulled wine in Sibiu that’s affordable – the price of a local pint of beer is less than £2 on average, according to Wise.
The price of a meal can be bought for less than £5 and coffee on average is also less than £2.
Brits can fly directly from London Luton to Sibiu three times a week with Wizz Air and one-way fares start from £26.99.
On Booking.com, one-night stays during November in Sibiu can cost less than £30 per night – or £15 each.
The Old Town is filled with pretty cafes and restaurantsCredit: Alamy
Here are the cheapest place for mulled wine in 2026…
Here are eurochange’s cheapest places for mulled once – and the average price of a cup…
Sibiu, Romania – 82p
Brașov, Romania – £1.63
Craiova, Romania – £1.63
Sofia, Bulgaria – £1.76
Olomouc, Czechia – £1.77
Brno, Czechia – £1.77
Gothenburg (Christmas at Liseberg), Sweden – £1.89
This gorgeous town is tucked inside one of the country’s most beautiful regions.
This gorgeous market town is a great place to explore(Image: chrisdorney via Getty Images)
One of the great pleasures of being on holiday is browsing the shops of wherever you happen to find yourself. Unearthing hidden gems or tasty local treats to take back home is one of the finest parts of any trip away.
Nestled in a stunning corner of the UK is a town boasting a market brimming with treasures that has been running for hundreds of years. The charming town of Keswick sits within the Lake District and is renowned for its breathtaking scenery – and naturally, its market.
Before the market as it exists today came into being, churchgoers would hold unofficial ones in the nearby church.
In order to regulate trading, the town was granted a Royal Market Charter in 1276 that gave it the legal right to hold a weekly Saturday market and an annual five day fair.
Today, the market continues to flourish and can be visited every Thursday and Saturday. There are roughly 60 different stalls to browse, selling everything from locally produced food and drink to vintage clothing and artisan gifts.
It’s not solely the market that makes Keswick such a wonderful destination. The town is also packed with stunning lakeside walks that burst into glorious shades of gold and orange throughout the autumn months.
As the leaves begin to turn, now is arguably the ideal time to pay Keswick a visit.
The market town sits in the northern section of the Lake District National Park, and ranks among the nation’s most stunning locations.
There’s an abundance of remarkable walks that highlight the area’s natural splendour. If you’re seeking panoramic vistas, then the Latrigg path is essential, winding up the hillside for three miles.
Upon reaching the top, you’re treated to sweeping views across Keswick and the neighbouring Derwentwater.
Another essential walk is the Castlerigg Stone Circle route which guides you along the former railway path, then up the lane towards the Castlerigg Stone Circle.
The stone circle occupies a natural plateau, and stands as one of Britain’s oldest stone circles stretching back to the Neolithic era.
Some of the 38 stones within the circle tower up to 10 feet high.
THE festive wrapping paper is on sale, the family-size box of Quality Street is stacked in shops – Christmas is officially on its way.
If you’re a true fan of the season, you’ll obviously want to head to the UK’s biggest Christmas market.
Manchester Christmas Market will return in early NovemberCredit: AlamyThe festive market will have 210 stalls across 10 locations across the cityCredit: Visit Manchester/Mark Waugh
And the largest is actually in Manchester which opens at the beginning of next month.
Returning on November 6, it will run for over six weeks – so there’s plenty of time to visit whether you’re a local or not.
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It’s so enormous that there are 210 stalls across 10 locations spread about the city centre.
The stalls will sell everything from festive food and drink – think hot chocolate and mulled wine – to international street food, if you’re over the yorkshire pudding wraps.
Handmade gifts and stocking fillers can be found there too, if you’re ready to start Christmas shopping.
Albert Square will be where most of the city’s festivities will be, including its 50-metre high Ferris wheel.
There will also be a pop-up ‘pub’ for the festive season as well as a giant Santa, a vintage Helter Skelter and a huge tree installation and life-sized selfie sleigh.
If you’re on the hunt for ice skating, you’ll find it at Cathedral Gardens along with some market stalls too.
Across the city will be live entertainment, and plenty of Christmas lights.
The Manchester Christmas Parade will be held again this year on December 6.
There will be a ‘pop-up pub’ and Christmas ParadeCredit: Visit Manchester/Manchester City
Kids will be able to spot Snow Queens, reindeers, Nutcrackers, toy soldiers and even Santa who will be travelling onboard the Elf Express.
Visitors will find the market spread across locations including; Albert Square, Lincoln Square, King Street, St Ann’s Square, Exchange Street, New Cathedral Street, Exchange Square, Corn Exchange, Cathedral Gardens, and Market Street.
A recent study by Christmas Tree Worldalso recently crowned Manchester Christmas Market as the UK’s best.
Factors were based on the number of Google searches, social media posts and videos, hotel prices, history, number of stalls, entry cost and closeness to public transport.
With much cheaper hotel prices than the like of New York city, the Manchester Christmas Market was also voted second best in the world.
The market will come to a close on December 22.
However, the Albert Square and Cathedral Gardens will remain open throughout the Christmas period until January 3, 2027.