Morning Briefing — November 12, 2026
Morning Briefing — November 12, 2026
World News
Israeli strike on Nasser Hospital in Gaza kills six — An Israeli airstrike targeting the Nasser Hospital in southern Gaza killed six people and wounded at least a dozen more, according to Gaza's Health Ministry. The strike comes amid ongoing military operations in Gaza City. CBC
Indonesia's vice-president resigns after academic credentials questioned — Indonesia's vice-president has stepped down following controversy over questions about his academic credentials. The resignation shakes up the political leadership in Southeast Asia's largest democracy. CBC
Deadly Brooklyn building collapse climbs to six dead — Firefighters spent Wednesday digging through the rubble of a three-story Brooklyn building that collapsed at the edge of a construction site, killing at least two initially with the toll rising to six, trapping others beneath the wreckage. CBC
COP31 Leaders' Summit concludes in Antalya with electrification pledge — The COP31 Leaders' Summit wrapped up in Antalya, Türkiye with new announcements including country endorsements of the Presidency's 35x35 electrification pledge and growing support for transitioning away from fossil fuels. UN Secretary-General António Guterres also proposed a 'climate justice compact.' World Resources Institute
UK PM Burnham addresses COP31 as Greta Thunberg slams 'detached' leaders — UK Prime Minister Andy Burnham was among 25 leaders speaking at COP31 in Antalya on Thursday, praising electrification efforts. Climate activist Greta Thunberg criticized world leaders as 'detached' from the realities of climate change while Brazil's Lula and California's Gavin Newsom drew crowds. Climate Home News
American Airlines resumes flights to Haiti providing vital route — American Airlines has begun flying into northern Haiti on a daily basis, providing a rare option for travel into the country. The move comes as the U.S. government continues to advise against all travel to the Caribbean nation due to security concerns. CBC
Canada bars Russian hockey players with visas from world junior championship — Canadian officials confirmed that Russian hockey players will remain barred from the world junior championship even if they hold valid visas. The decision reflects ongoing diplomatic tensions related to the war in Ukraine. CBC
Antalya hosts Moroccan-led COP31 meeting on oceans and blue economy — COP31 in Antalya hosted a Moroccan initiative on 'Oceans and Coasts: Resilience in the Face of Climate Change,' discussing ways to protect oceans and strengthen the role of civil society in building a sustainable blue economy. Newscord
Business
Nvidia board weighs CEO ouster as Jensen Huang faces fresh affair allegations — Nvidia shares plunged in extended trading amid allegations that CEO Jensen Huang had an extramarital relationship with Kimberly Powell, the company's vice president of healthcare. The allegations emerged as Nvidia's board was already investigating Huang's acknowledged affair with Alice Huang, whom U.S. officials identified as a Chinese intelligence asset. Newsquawk / FT
Nvidia CEO Jensen Huang resigns, Colette Kress takes over as interim — Reuters reported that Jensen Huang's resignation followed a deepening scandal involving his alleged relationships. Nvidia is seeking a lasting replacement while finance chief Colette Kress leads the company temporarily, sending AI-linked shares lower globally while AMD and Broadcom rose on expectations of competitive opportunities. Reuters / Eurasia Business News
EU and UK consider delaying 10% EV tariffs due January 2027 — The EU and UK are considering delaying 10% tariffs on electric vehicles due from January 1, 2027 as regional battery supply chains lag. Brussels is weighing either a one-year postponement or a two-year compliance-offset scheme. FT
Payments Canada launches long-delayed instant payments system — Payments Canada has finally rolled out its long-awaited real-time payments infrastructure after years of delays. The system is expected to modernize how Canadians transfer money between banks. CBC
Honda Canada to retool Alliston, Ont., plant for hybrid production — Honda Canada announced plans to retool its Alliston, Ontario plant for hybrid vehicle production. The move reflects shifting automaker strategy as EV demand plateaus and hybrids gain market share. CBC
Roshel to buy Stellantis assembly plant in Brampton — Canadian armored vehicle maker Roshel announced plans to acquire the Stellantis assembly plant in Brampton, Ontario, for an undisclosed amount. The deal comes amid political backlash over Stellantis' plant closure. CBC
Anthropic eyes $1 trillion US valuation in hotly anticipated IPO — AI company Anthropic is targeting a $1 trillion valuation in its upcoming IPO, which will serve as a key test for the AI market after recent volatility. The offering comes amid broader turbulence in the AI sector following the Nvidia leadership shock. CBC
Top U.S. hedge fund executive named CEO of Canada's new sovereign wealth fund — A top U.S. hedge fund executive has been tapped to lead Canada's newly established sovereign wealth fund. The appointment comes as Ottawa seeks to boost long-term investment capacity amid trade pressure. CBC
STOXX Europe 600 hits first record high since August — Reuters confirmed that the STOXX Europe 600 reached its first record high since August, as European markets moved higher while Asian markets declined on Nvidia concerns. The dollar reached its strongest level in approximately 19 months. Reuters
Technology
Nvidia turbulence unsettles global AI stocks — Technology shares showed the greatest weakness among major indexes as the Nasdaq fell 176.62 points, or 0.69%, to 25,289.57. Asian AI-linked names were hit hard with Alibaba declining approximately 6.7% and Tencent falling approximately 2.6% during Thursday's trading. Reuters
CoreWeave reportedly raising $4B+ in investment-grade loans — AI cloud provider CoreWeave is reportedly seeking to raise more than $4 billion in investment-grade loans, following a strong earnings beat earlier in the week. The company had posted a 27% share gain Wednesday before giving back 13.6% intraday on Thursday. Reuters
How China gets around U.S. ban on Nvidia chips — CBC News investigates how China has continued to acquire restricted Nvidia AI chips despite U.S. export bans, with CEO Jensen Huang's alleged affair reportedly aiding at least $7.5 billion in chip shipments to China. The reporting ties corporate scandal to geopolitical technology competition. CBC
Nvidia and CEO Jensen Huang face lawsuit over alleged Chinese spy ties — A new lawsuit has been filed against Nvidia and its CEO over the company's handling of ties to an alleged Chinese intelligence asset. Shareholders are raising questions about governance and disclosure as the board probes Huang's conduct. CBC
While many Americans resist, China embraces AI data center boom — A new analysis highlights how China is aggressively building out AI data center infrastructure while U.S. communities push back against massive data center projects over power, water, and environmental concerns. The divergence could shape the global AI race. BBC / 10bmnews
BBC Inside Science examines technology changing our world — BBC Inside Science's November 12 edition explores scientific developments shaping modern life, with the weekly programme looking at the science that's changing our world. Available on BBC Sounds. BBC
Investors reassess the AI trade after Huang exit — Thursday's trading showed that investors were not treating every AI company alike following Huang's resignation. Reuters reported declines across global AI-linked shares, while AMD and Broadcom rose on expectations that disruption at Nvidia could create opportunities for competitors. Reuters
Nonprofit offers veterans second career through commercial drone pilot training — A nonprofit is helping military veterans transition into civilian careers through commercial drone pilot training programs. The initiative targets a growing sector of the technology economy as drones expand into logistics and inspection. BBC / 10bmnews
Renewable Energy
Global Carbon Budget projects fossil CO2 emissions to dip 0.4% in 2026 — Global fossil fuel CO2 emissions are projected to decrease by 0.4% in 2026, driven by expansion of solar and wind power and the Iran conflict reducing oil use. The 2026 Global Carbon Budget projects 38.2 billion tonnes of fossil carbon dioxide emissions this year, though researchers warn clean energy growth is not yet fast enough for a durable decline. University of Exeter / Carbon Brief
Carbon Brief: Climate-finance pledges fall 70% as countries meet at COP31 — Carbon Brief analysis finds climate-finance pledges have fallen 70% as nearly 200 countries gather at COP31 in Antalya. Even if the finance goal is met, the money will only meet 20-29% of developing countries' adaptation finance needs. Carbon Brief
Construction advances at Poland's 303-MWp Brzezinka solar project — Construction is progressing at the Brzezinka solar PV project in Poland, which will have an installed capacity of 303 MWp. Developers highlight it as one of the largest solar projects in Central Europe. Renewables Now
Mainstream reaches financial close on South African solar plant expansion — Mainstream Renewable Power has reached financial close on the expansion of a South African solar plant. The deal comes as South Africa registered 2,045 MW of solar capacity backed by $4.7 billion in investment. Renewables Now
South Africa registers 2,045 MW of solar capacity as investment reaches $4.7B — South Africa registered 2,045 MW of solar capacity in the latest quarter as renewable energy investment reached $4.7 billion. Solar capacity increased more than eightfold from the earlier quarter's 236 MW as private development accelerates. SolarQuarter
Aeolus enters 900-MW wind power IPP project in Egypt — Developer Aeolus has entered a 900-MW independent power producer wind project in Egypt as the country ramps up renewable capacity. The project is part of Egypt's broader push to diversify its energy mix. Renewables Now
Saudi Arabia launches 3.2-GW solar and wind round — Saudi Arabia has launched a new procurement round seeking 3.2 GW of combined solar and wind capacity. The kingdom continues to pursue its Vision 2030 renewables targets. Renewables Now
Guterres calls for near-zero methane standard at COP31 Day 3 — UN Secretary-General António Guterres called for a near-zero methane standard at COP31 on November 11, requesting a science-based benchmark supported by measurement, reporting and verification. Leaders also pressed for faster grid connections and more accessible finance. Planet Brief
Goldwind hardware picked for 163 MW of Georgia wind projects — Chinese turbine maker Goldwind was selected to supply hardware for 163 MW of wind projects in Georgia. The deal underscores the continued expansion of Chinese renewables manufacturers in European markets. Renewables Now
Soil Science
FAO Food Price Index falls for third month as sugar prices surge — The UN FAO Food Price Index declined for a third consecutive month in October, as falling cereal, dairy, and meat prices offset a continued climb in sugar costs. The index averaged 133.9 points, with the cereals sub-index falling 4.5 percent from September. FAO / Global Agriculture
FAO warns El Niño threatens food production as COP31 opens — The FAO warned that El Niño-driven heat and weather disruption is threatening global food production even as COP31 climate talks begin. Rice production is set to contract for the first time in four seasons, falling by 2.5% to 552 million tonnes. FAO / Global Agriculture
New FAO guide shows how to grow more with fewer resources — The FAO has published a new sourcebook showing how to raise productivity and sustainability while cutting losses, pollution and emissions in agriculture. The guide emphasizes integrating traditional farming practices with modern tools. FAO
Penn State: Only some soil microbes 'awaken' when rain comes to drylands — Penn State researchers found that when dryland soil gets wet, most microbes in the biocrust stay inactive and the bacteria most abundant in the soil weren't necessarily those that became active after rainfall. The findings could help scientists restore crucial biological soil crust ecosystems, projected to decline by as much as 40% in the next 45 years. Penn State News
Rhizosheath microbes regulate soil aggregation and nutrient dynamics — A new open-access study in the Journal of Soil Science and Plant Nutrition shows how rhizosheath-associated microorganisms regulate soil aggregation and nutrient dynamics during early establishment of Agropyron cristatum (crested wheatgrass). The findings could inform revegetation efforts in degraded grasslands. Springer / Journal of Soil Science and Plant Nutrition
Food insecurity persists in Lebanon as fragile conditions stall recovery — A new FAO country-office analysis shows food insecurity persists in Lebanon as fragile political and economic conditions stall recovery efforts. The agency calls for sustained support to rebuild agricultural livelihoods. FAO
India's winter crop sowing falls sharply after weak monsoon — India's winter crop sowing has fallen sharply after a weaker-than-expected monsoon left soil moisture inadequate in key growing regions. The slowdown raises concerns for the 2026-27 wheat and pulses harvest. Global Agriculture
USDA cuts corn production outlook, raises soybean forecast — The USDA cut its corn production outlook while raising the forecast for soybeans in its latest WASDE report. The revisions reflect late-season weather impacts and shifting export demand. Global Agriculture
Study: Biochar mitigates N2O and NH3 emissions in Austrian field experiment — A new study published in the European Journal of Soil Science found that biochar application reduces nitrous oxide and ammonia emissions for both organic and inorganic fertilizers in an Austrian field experiment. The findings add to evidence that biochar can be an effective tool for lowering agricultural greenhouse gas emissions. European Journal of Soil Science
FAO Asia-Pacific summit to push wider access to farm mechanization — The FAO and the Philippine Department of Agriculture will convene the first Asia-Pacific Conference on Sustainable Agricultural Mechanization (APSAM) from November 23-26 in Manila. The summit will focus on affordable technology, financing and services for smallholder farmers. Philippine Star / FAO