Nexperia halts chip supplies to China in threat to global car production

Nexperia, the EU-based automotive chipmaker at the centre of a geopolitical dispute, has suspended supplies to its Chinese factory, stepping up a trade war that threatens to halt production at carmakers around the world.The company wrote to customers this week informing them all supplies to a Chinese plant had been suspended.In September, the Netherlands used national security laws to take control of the chipmaker, citing concerns that its Chinese owner, Wingtech Technologies, was planning to shift intellectual property to another company it owned. The Dutch government said that threatened the future of European chip capacity, and removed the Wingtech chairman, Zhang Xuezheng, as chief executive.China responded by halting exports from all Nexperia’s factories in China, prompting warnings this week that the embargo would force production lines at EU car factories to close within days

JP Morgan warned US of $1bn in Epstein transactions possibly related to human trafficking

JP Morgan warned the US government about more than $1bn in transactions linked to Jeffrey Epstein that were possibly related to reports of human trafficking, new documents confirm.The largest bank in the US filed a suspicious activity report (SAR) in 2019, just weeks after Epstein was found dead in a New York jail cell, about transactions linked to the paedophile financier and prominent business figures. It also flagged wire transfers made by Epstein to Russian banks.JP Morgan’s report said it had flagged about 4,700 transactions, totalling more than $1bn, that were potentially related to reports of human trafficking involving Epstein, the New York Times reported. The report, filed during the last Trump administration, also flagged sensitivities around Epstein’s “relationships with two U

Apple reports record iPhone sales as new lineup reignites worldwide demand

Apple reported its first quarterly earnings since the release of its new lineup of iPhones on Thursday, beating Wall Street analysts’ expectations. The company showed steady financial growth and a strong bottom line despite slow progress on artificial intelligence. The report comes just days after the company hit a $4tn market value for the first time.“Today, Apple is very proud to report a September quarter revenue record of $102.5 billion, including a September quarter revenue record for iPhone and an all-time revenue record for Services,” Apple’s CEO, Tim Cook, said in a statement

Amazon reports strongest cloud growth since 2022 after major outage

Amazon has made its first financial disclosures since the disastrous outage suffered by its cloud computing division that brought everything from smart beds to banks offline.In spite of the global outage, Amazon Web Services has continued to grow, and this quarter reported a 20% increase in revenue year over year. Wall Street estimated that AWS would bring in $32.42bn in net sales in the third quarter, with the company reporting actual revenue of $33bn.“AWS is growing at a pace we haven’t seen since 2022,” CEO Andy Jassy said in a statement accompanying the earnings report

Liam Lawson cleared of blame by FIA for marshals scare at Mexico Grand Prix

Formula One’s governing body the FIA have issued a statement absolving the Racing Bulls driver Liam Lawson of all blame in an exceptionally dangerous incident when he came close to hitting two marshals running across the track in front of him at the Mexico Grand Prix.The statement is a strong rebuttal to an attempt to hold Lawson responsible made by the Mexican racing federation, the Organización Mexicana De Automovilismo Internacional (Omdai), while the FIA is still carrying out an investigation into the incident.On Tuesday the Omdai issued a statement, not ratified by the FIA, that claimed the marshals should have been “clearly visible” to Lawson and that the New Zealander “did not interrupt his [driving] line despite the obvious presence of marshals on the track”.On Friday the FIA responded by dismissing the assertion. “Having analysed the telemetry from the incident, we can confirm that the driver of Car #30, Liam Lawson, slowed appropriately and reacted correctly to the double yellow flags displayed in the area, braking earlier than in other laps and passing significantly slower than racing speed into Turn 1

Your Guardian sport weekend: England v Australia x2, Women’s World Cup final and more

An epic World Series returns to Toronto for Game 6 with the Blue Jays one win away from their first championship since 1993. We’ll bring you all the action live.England are 2-0 down in the series but can salvage pride in Wellington. James Wallace and Tanya Aldred will be at the OBO helm, while Simon Burnton reports from Sky Stadium.Billy Munday will bring you all the news and set the scene for the day’s football, which includes seven matches in the Premier League as well as the FA Cup first round