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Shares of South Korean chipmaker SK Hynix soared 11% on Wednesday as third-quarter profit sharply beats estimates.

UBS reported a third quarter pre-tax profit of almost $3.6 billion.

The moves came after stocks were broadly higher on Tuesday, fueled by gains among semiconductor companies.

Oil prices climbed Wednesday as investors weighed the prospect of a prolonged conflict in the Middle East.

Jio had offered 270 million shares in the IPO priced at 1,119 rupees apiece, raising 302 billion rupees ($3.2 billion) in the country's largest-ever IPO.

Trump joked that the $5,000 payments for U.S. adults would buy little more than "a hamburger and maybe a small dessert" as cost of living looms over midterms.

President Donald Trump said that his administration is "terminating" a Biden-era rule that aimed to cut planet-warming emissions of methane from oil and gas drilling.

Tampa Bay became the fourth team in World Series history to avoid elimination with an extra-inning comeback. Game 5 in the best-of-seven matchup is Wednesday night at Tropicana Field.

Both blocs fall short of the 61 seats needed to form a government in initial forecasts as support for Palestinian parties surgesFull report: Coalition talks loom as Israel exit polls suggest Netanyahu and Eisenkot blocs tiedAnalysis: Rise of Palestinian parties in Knesset will redraw Israel’s political landscapeIsrael election: what we know so farOne apparent loser from Tuesday’s election was far-right national security minister Itamar Ben-Gvir, who was expected to better his party’s result of six seats from the 2022 elections.But instead there was stunned silence at the watch party for Otzma Yehudit (Jewish Power) in central Israel as results from the exit polls flashed across the screen, with most channels suggesting the party would remain on just six seats. Continue reading...

In today’s newsletter: First Edition readers and people struggling with the cost of living tell us what the government could do to improve their livesGood morning. Don’t expect anything radical. This, the Treasury has been at pains to tell us, will be a very “low-key” budget. After weeks of speculation from journalists, a flurry of press releases from thinktanks, and a photoshoot with an obligatory red box, the chancellor, John Healey, will announce the details of the Burnham government’s first budget in the Commons today at 12:30pm.Healey has been selling this as a series of measures designed to relieve pressure on low- and middle-income households under the mangled tagline of “breathing space for today, fresh hope for the future”. Many of the proposals have already been briefed, and their modesty is a sign of the constraints – both real and self-imposed – that his government faces. He has rejected calls to raise capital gains tax or lower the mansion tax and has promised to stick to Labour’s fiscal rules, while the Iran war has increased the cost of borrowing and eroded his spending power.Israeli elections | Israel could be in for weeks of political haggling after exit polls and partial official results showed neither Benjamin Netanyahu’s coalition nor the opposition bloc led by former general Gadi Eisenkot had won enough seats to form a government.Energy | The government’s plan to fund a multibillion-pound nuclear plant at the Sizewell site in Suffolk represents a “terrible deal” for the UK taxpayer over the rest of the century, according to the government’s spending watchdog.Middle East | A multipronged peace deal to reopen the strait of Hormuz within four days of sanctions being lifted and for the Houthis to withdraw substantial forces inside Yemen are at the heart of Gulf states’ plans to avert what they regard as a disastrous renewal of war between Iran and the US.UK news | A 78-year-old volunteer has claimed a Reform UK councillor accused her of “facilitating the invasion” and being akin to a Nazi collaborator during the second world war because she has helped asylum seekers learn English.Brazil | The far-right senator Flávio Bolsonaro has reportedly fled Brazil and is on his way to the United States after losing Sunday’s presidential election to the leftwing incumbent, Luiz Inácio Lula da Silva. Continue reading...

Far-right senator and his family boarded private plane to Ecuador after crossing border to Argentina, Argentina’s government confirmsThe far-right senator Flávio Bolsonaro has reportedly fled Brazil and is on his way to the United States after losing Sunday’s presidential election to the leftwing incumbent, Luiz Inácio Lula da Silva, who called the act “shameful”.A report by the news website Metrópoles, citing people close to the politician’s family, said he was en route to the US. “The plane is in flight,” Metrópoles reported, without making clear where it had departed from. Continue reading...

Get our breaking news email, free app or daily news podcastOnline hate is spilling into the real world, AFP warnsAFP Commissioner Krissy Barrett began her late-night appearance at the Senate estimates hearing noting “a heaviness that hangs across Australia” after the alleged attack on independent MP Helen Haines.Lone actors are being motivated by a convergence of personal grievances, mental health vulnerabilities and ideological concerns … What helped keep us safe in recent times, such as our geography, analogue systems and far away criminals, has been impacted by fully integrated technology, social media and artificial intelligence.We hear about the devastating impacts of racism from communities every day. But many experiences go unreported or uncounted, and our systems often do not capture the full picture.This is not about collecting more data to prove racism exists. We already know it does. It is about making inequality visible, holding institutions to account and giving communities greater agency over their data to drive real change. Continue reading...

Tony Blair’s former spokesperson says attacks on UK MPs did not bring about lasting cultural change and overheated rhetoric quickly returned to politicsGet our breaking news email, free app or daily news podcastTony Blair’s former communications guru, Alastair Campbell, says the UK political system was too quick to revert to overheated rhetoric and polarisation after attacks on MPs, urging politicians to “re-win the argument for democratic politics”.More than a week after independent MP Helen Haines was allegedly targeted in an attack outside her electorate office in northern Victoria, causing her to lose both legs, Campbell said the tenor of political debate in Australia should better reflect Haines’ own approach. Continue reading...

Struggling households, new homebuyers and small shops stand to gain, while banks and online marketplaces could face higher levies John Healey will present his first budget on Wednesday, which will set the tone for Andy Burnham’s premiership.Despite the chancellor’s promises in the summer that the tax and spending event would not be beset by the leaks that preceded those of his predecessor, Rachel Reeves, both official and unofficial sources have indicated much of what Healey is likely to announce. Here’s what to expect: Continue reading...

Mair Godley claims Essex councillor Carl Johnson told her she was ‘facilitating the invasion’ by giving language lessonsA 78-year-old volunteer has claimed a Reform UK councillor accused her of “facilitating the invasion” and being akin to a Nazi collaborator during the second world war because she has helped asylum seekers learn English.Mair Godley and her husband, Nick, 77, a former chair of Wethersfield parish council, live near the former Wethersfield military base in Essex, where the Home Office accommodates hundreds of asylum seekers. Continue reading...

As next week’s all but certain rate rise looms, there is one thing we can all agree on: the end of war in the Middle East can’t come soon enoughGet our daily political email, free app or daily news podcastJim Chalmers is blaming the latest shocking inflation figures on the worsening Middle East conflict, and he has a point.The trouble is, voters aren’t buying what the treasurer is selling. Continue reading...

National trust of Victoria award celebrates much-loved arboreal icons while calling for protection of green spacesFollow our Australia politics live blog for latest updatesGet our breaking news email, free app or daily news podcastFor more than 160 years, a humble ginkgo tree raised from seed in Geelong’s botanic gardens has been the backdrop to “countless local love stories”. Standing beneath it is the most popular spot to get married at the park, its branches forming the backdrop of many wedding photos.Now, in addition to being the largest ginkgo biloba in the state – and possibly Australia – at a whopping 20 metres tall, it has a new claim to fame. The much-adored Geelong icon has been crowned Victoria’s tree of the year. Continue reading...

Labor government under pressure to create social media watchdog as new online safety standards bill passes lower houseFollow our Australia politics live blog for latest updatesGet our breaking news email, free app or daily news podcastThe federal government wants to ban AI chatbots which seek to create “emotional intimacy” after prime minister Anthony Albanese raised the alarm in a heartfelt speech about children treating these agents as their “best friend”.But Labor is coming under increasing pressure to empower the telecommunications ombudsman to become a watchdog for social media and AI to give Australians an external complaints mechanism and allow the “naming and shaming” of big tech.Sign up for Guardian Australia’s Politics, really newsletter here Continue reading...

Talks are aimed at reopening strait of Hormuz and lifting sanctions on Iran, and for Houthis to withdraw in YemenA multipronged peace deal to reopen the strait of Hormuz within four days of sanctions being lifted and for the Houthis to withdraw substantial forces inside Yemen are at the heart of Gulf states’ plans to avert what they regard as a disastrous renewal of war between Iran and the US.The US is aware of the talks’ progress but is holding out for a concession that European powers suggest could involve Iran allowing UN weapons inspectors back into the country. Continue reading...

This blog had now closed – our live Israel election results coverage continues hereIsrael election results live updatesAcross Israel, voting is now under way. Here are some of the latest images being sent to us over the newswires:Tens of thousands of Israelis living abroad have flown in for the elections, according to Aid Coalition, a US-based nonprofit focused on strengthening Israel’s democracy. Israeli law generally requires citizens to vote in person in the country, with narrow exceptions for diplomats and certain official emissaries abroad. Continue reading...

Philadelphia Eagles quarterback Jalen Hurts is recovering from a life-threatening condition, having played with a blood clot and boarded a long-haul flight.

Most of the papers focus on the Budget, ahead of its delivery at lunchtime on Wednesday.

The King is on a nine-day tour that will take him to three countries, including the Bahamas, Guyana and Antigua and Barbuda.

Polls have closed in the Israeli election, but there is no clear winner.

The Villa Vie Odyssey suspends its voyage and is working with passengers on "temporary living arrangements".

Addressing supporters after midnight, Prime Minister Benjamin Netanyahu and Gadi Eisenkot, who leads a bloc of opposition parties, both expressed confidence that they will lead Israel’s next government. Vote counting could take days.

A heated disagreement over recent land mine explosions is part of the legacy of the truce that halted the Korean War 73 years ago.

The country’s most popular politician, María Corina Machado, has returned home from exile. What happens next?

The president has a largely ceremonial role, except after elections when it is his responsibility to pick a candidate for prime minister.

Residents say a proposed Chinese car plant in northern Spain will create new jobs. Others say it’s a long-term risk, distilling a debate about the costs and perks of ties to China.

In the city’s “apartment horror” films, one of the world’s least affordable housing markets is a backdrop for exploring superstition and socioeconomic anxiety.

El-Sisi’s announcement that he will not run for a fourth term may signal a new leadership arrangement.

Professional analysts chose options that matched AI assistant's preference 86 percent of the time, research finds.

Fourth-tier Fleetwood beat 10-man Arsenal 5-3 on penalties in ⁠the League Cup last 16, pulling off a major upset.

Small business owners in Britain may get some tax relief in Wednesday's budget, but they say it will not be enough.

Israel's Prime Minister Benjamin Netanyahu says 'true' election results due in one or two days.

Seven years after Modi backed Trump, New Delhi may now hope US midterm losses leave the president chastened.

Three major Chinese brands have ended partnerships with French football star Kylian Mbappe

Khalil returned to Columbia University to discuss his memoir detailing his arrest and detention by US immigration agents

Flavio Bolsonaro’s former campaign manager says the senator did not inform him that he planned to flee Brazil.

Kimmel was inspired after the president’s “‘Tone-Deaf Comedy Jam’ got tripped up by a heckler.”

The president has a largely ceremonial role, except after elections when it is his responsibility to pick a candidate for prime minister.

It was a showdown of sorts in western Texas as James Talarico and Ken Paxton appeared at dueling rallies on either side of a prairie-dog-filled city park.

Residents say a proposed Chinese car plant in northern Spain will create new jobs. Others say it’s a long-term risk, distilling a debate about the costs and perks of ties to China.

Instant Reaction: Canucks mount unbelievable comeback on the back of Lekkerimäki to beat Ducks 6-5 in OT  Canucks ArmyCanucks rally with three goals late, top Ducks in OT to end slide at 10  NHL.comHronek’s OT power-play goal caps Canucks’ 6-5 comeback win over Ducks  The Globe and MailCan Canucks end their 10-game skid against the Ducks?  TSNCanucks Live: Dead Ducks offer precious opportunity for a win | Trade season gets underway  The Province

Exit polls suggest no clear victor in Israeli election  Euronews.comIsrael election results live: vote count underway as exit polls point to tie between Netanyahu and Eisenkot blocs  The GuardianNetanyahu outlines achievements, future plans as Likud leads Israeli polls  Al JazeeraIsrael’s voters deny Binyamin Netanyahu a majority  The EconomistIsraelis await final election results after a vote that marked a sharp turn against Netanyahu  Toronto Star

King acknowledges 'suffering of the past' as Caribbean tour begins  BBCKing Charles to discuss legacy of slavery with Commonwealth leaders at summit  The GuardianKing Charles heads to Caribbean as calls grow for slavery apology  CNNKing Charles says Commonwealth to confront slavery's injustices, as calls for reparations grow  ReutersWhat Is the Commonwealth? What to Know as King Charles Hosts Meeting in the Caribbean  The New York Times

McMaster University - Big swings: Kathryn Grandfield wins prestigious Arthur B. McDonald Fellowship  Education News CanadaNSERC announces Arthur B. McDonald Fellowship winners  University AffairsNicolas Papernot receives NSERC's Arthur B. McDonald Fellowship  University of Toronto

UNIVERSITY OF WINDSOR A name for the ages, as UWindsor alumna makes scientific history  Education News Canada