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Wednesday, 4 November 2026 Daily Edition

The Daily Edition

Wednesday, 4 November 2026

400+ stories across 8 sections

The Takeaway

Jon Ossoff has won reelection as a Democratic Senator in Georgia, defeating Republican representative Mike Collins. Meanwhile, in the US midterms, Democrats are on track to take control of the House and possibly the Senate, which could limit Donald Trump's influence. In other election news, Debbie Wasserman Schultz has won reelection to the U.S. House in Florida's 20th District, and Democrats are projected to flip a Senate seat in North Carolina.

In the tech and business world, Advanced Micro Devices has recorded a $1.07 billion non-cash charge due to its deals with OpenAI and Meta Platforms. The Shadow Monetary Policy Committee has urged the Bank of England to raise interest rates by 25 basis points. Additionally, Kawhi Leonard has begun his return-to-play process with the Toronto Raptors after a minor setback with left knee swelling.

Written by urgent.news from the day's reporting.

AI

AI

AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge

·channelnewsasia.com·4 outlets

Advanced Micro Devices (AMD) has faced a $1.07 billion non-cash charge in the third quarter, stemming from warrants granted to major AI customers OpenAI and Meta Platforms. In exchange for these significant chip commitments, AMD offered stakes in its future success to the companies. In February, AMD sold up to $60 billion worth of AI chips to Meta over five years, granting Meta warrants to potentially buy up to 10% of the chipmaker if it meets certain milestones.

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Trending Dev Tools & Tutorials: Qwen, Postman AI, HackerTV, and More

Run Qwen 3.8 27B on Your Laptop: Optimize & Interpret Model Weights 📊 | Open Source What it is: A comprehensive guide to running and interpreting Qwen 3.8 27B, a large language model, on personal hardware.

  • Qwen 3.8 27B model tutorial for local installation and optimization
  • Postman AI tutorial on disabling auto-installed plugins and securing API data
  • HackerTV YouTube channel for curated tech content from Hacker News

·dev.to

Tech

Tech

Aussie Adobe assailant Canva announces layoffs in re-org affecting 22% of staff

No mention of AI, but a nod to the pace of technological change

·theregister.com·3 outlets

Canva, the Australian design software company, has announced a restructuring plan that will see 22 percent of its 1,271 employees affected, with layoffs, role changes, and relocation requests. CEO Melanie Perkins announced the news via a message titled "An important update on our team," which did not mention AI but highlighted the transformative potential of new technology.

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How to Find the Keywords Your Competitors Rank For (and You Don't) with Python

A keyword gap is the list of Google searches your competitors rank for while your site doesn't show up at all. It's one of the quickest ways to find content worth writing: someone has already shown…

  • Keyword gap represents searches competitors rank for, but your site doesn't appear
  • Use Python with Apify ranking database service to obtain competitor keywords
  • Python script costs $1.19, provides gap keywords for content planning

·dev.to

Private Logistics Image Thumbnails: Signed URL Delivery and Per-Tenant Object Storage

Private thumbnail delivery is an access-control problem before it is a storage problem. For a logistics app with multiple tenants, keep image bytes and resized variants in object storage, keep…

  • Private logistics apps store image bytes in object storage, metadata in database
  • Signed URLs provide short-lived access to images, ensuring security and efficiency
  • Database handles tenant ownership, image dimensions, and retention decisions

·dev.to

Business

Business

Raptors’ Leonard begins return-to-play process, will be re-evaluated in one week

‘Kawhi Leonard, The Sequel’ has been as advertised, if not as hoped for the Toronto Raptors. At least so far. The seven-time all-NBA selection has played just two games in his return to his championship-stomping grounds in Toronto after a seven-year sojourn in Los Angeles. It will be a little while longer before Leonard plays […]

·toronto.citynews.ca·3 outlets

After a seven-year stint with the Los Angeles Clippers, Kawhi Leonard has returned to the Toronto Raptors, beginning his return-to-play process after experiencing a minor setback with left knee swelling. The seven-time all-NBA selection has only played two games so far, with his next phase expected to involve reconditioning, bringing him back to the court by the week of November 16.

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REAP steps up efforts to foster innovation

KARACHI: The Rice Exporters Association of Pakistan (REAP) is stepping up efforts to foster innovation, streamline export bottlenecks, and enhance stakeholder collaboration, reinforcing its strategic roadmap for sustainable growth across the country’s rice sector.

·brecorder.com

PPP-PML(N) row: NA panel again puts off WAPDA bill review

ISLAMABAD: The National Assembly Standing Committee on Water Resources on Tuesday again deferred consideration of the WAPDA Security Force Bill, 2026, amid differences between the government and Pakistan Peoples Party (PPP), while constituting a four-member subcommittee to investigate prolonged delays in the K-IV water supply project for…

·brecorder.com

FTO orders inquiry against senior member of FBR

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to conduct a formal fact-finding inquiry against a sitting senior IRS/BS-21 Member of the Federal Board of Revenue (FBR), earlier served as Accountant Member at the Appellate Tribunal Inland Revenue (ATIR).

·brecorder.com

Finance & Markets

Finance & Markets

City AM Shadow MPC urges Bank of England to hike interest rates

The Bank of England should raise interest rates on Thursday in order to “protect credibility” and stamp out any risks of inflation spiralling out of control, top economists have said. City AM’s Shadow Monetary Policy Committee, which consists of leading economists across industry and academia, has called on the Bank to lift interest rates by [...]

·cityam.com·3 outlets

The Shadow Monetary Policy Committee (MPC) of City AM, comprised of leading economists, has urged the Bank of England to raise interest rates by 25 basis points from 3.75% to 4% on Thursday. The committee claims that higher energy costs are becoming embedded within the UK economy, leading to rising consumer prices and increasing wage pressures. Six out of nine Shadow MPC members advocated for the rate hike, while the other three called for leaving rates unchanged.

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World

World

US midterms threaten Trump’s grip on Washington as Democrats eye control of House, Senate

WASHINGTON, Nov 4 — Polls began closing yesterday in US midterms with Democrats poised to seize the Hous...

·malaymail.com·8 outlets

Polls closed across the United States yesterday in the midterms, with Democrats on track to take control of the House and possibly the Senate. This potential shift in power could significantly limit Donald Trump's influence for the remainder of his presidency. Should Republicans fail to retain the House, it would enable Democrats to obstruct Trump's legislative agenda and conduct extensive investigations into his administration.

A loss in the Senate would also weaken his capacity to appoint Supreme Court justices and senior officials.

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Democrat Annie Andrews wins South Carolina Senate race

Democrat Annie Andrews won a stunning upset over GOP Sen. Darline Graham, who was running for her late brother Lindsey Graham's seat.

  • Democrat Annie Andrews wins South Carolina Senate race.
  • 45-year-old pediatrician campaigns on healthcare and corruption.
  • Republicans' efforts to secure win fall short.

·cbsnews.com·4 outlets

Oil edges down as investors await US midterm election results

BEIJING: Oil prices slipped in early trade on Wednesday as investors awaited the results of the US midterm elections and their potential impact on peace talks in the Middle East, even after industry data showed US crude stocks unexpectedly fell last week. Brent futures fell 26 cents, or 0.25%, to $103.34 a barrel by 0157 GMT.

·brecorder.com·4 outlets

Science

Science

Chinese scientists discover thickening ground ice in parts of warming Tibet

The Tibetan Plateau, home to the world’s largest expanse of alpine permafrost, is warming at about twice the global average but, counter-intuitively,researchers have found that ice in parts of the Tibet autonomous region is actually thickening. A team from Peking University found that shallow ground ice has unexpectedly increased over the past 20 years, affecting more than a third of the…

·scmp.com

The Tibetan Plateau, host to the world's largest continuous alpine permafrost, is warming at roughly twice the global average rate, but surprisingly, researchers from Peking University have discovered that ground ice in certain areas is thickening. Over the last two decades, shallow ground ice has surged, impacting over one-third of the plateau's permafrost, driven primarily by natural climate factors.

This puzzling ice gain presents uncertainties regarding its effects on the stability of the permafrost and the environment as a whole.

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Midterms proceeded without chaos, despite unprecedented Justice Department interference in recent days

The Trump administration is fighting one battle after another in the nation’s courts over its power – or lack thereof – in the 2026 midterm elections.

  • Midterm elections proceeded smoothly on November 3, 2026, in Alaska.
  • Federal courts ruled against Trump administration's interference attempts.
  • Supreme Court refused to intervene in DOJ's appeal of California ballot ruling.

·theconversation.com

Health & Medicine

Health & Medicine

Celltrion Unveils First Quadruple-Action Obesity Drug Candidate, Outperforming Retatrutide in Animal Study

Celltrion is accelerating the development of what it says is the world’s first quadruple agonist for obesity, designed to address the limitations of existing treatments. The company has reported preclinical findings suggesting that the next-generation drug candidate could offer benefits beyond weigh

·businesskorea.co.kr·2 outlets

Celltrion has unveiled its first quadruple-action obesity drug candidate, CT-G32/SCO-940, which outperformed the triple agonist retatrutide in preclinical animal studies. The company showcased the potential of this novel treatment at TIDES Europe 2026, highlighting its ability to simultaneously target four hormonal pathways: GLP-1, GIP, glucagon, and amylin.

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Culture

Culture

Ossoff wins reelection, holding Georgia for Democrats

Jon Ossoff, widely seen as a potential 2028 presidential candidate, defeated President Donald Trump-backed Republican US representative Mike Collins.

·freemalaysiatoday.com·8 outlets

Democratic Senator Jon Ossoff secured reelection in Georgia, solidifying the party's hold on a critical battleground state. Defeating Republican representative Mike Collins, Ossoff's victory underscores Democrats' capability to defend key seats in their quest for Senate control. The race, one of the nation's most competitive, saw Ossoff raise significantly more funds than his opponent, further highlighting the financial advantage Democrats held in this election.

Sources and related reports →

Daewoo E&C Wins Nigeria Fertilizer Plant Order

Daewoo Engineering & Construction has won a large-scale petrochemical project worth 350.0 billion won ($253.02 million), once again demonstrating its competitiveness in the global plant market.The…

  • Daewoo E&C secures 350M USD petrochemical project in Nigeria
  • Company awarded LOA for Indorama Fertilizer Train 4
  • Daewoo E&C has completed 75 projects in Nigeria

·businesskorea.co.kr

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