Factory News Today

EU leaders urge swift action on unlocking frozen Russian assets to finance Ukraine, document shows

EU Accelerates Plan to Tap Frozen Russian Assets for Ukraine Military Aid Amid US Pressure European Leaders Push for Faster…

by Sarah CollinsOctober 17, 2025

AI Business

AI Investment Frenzy Sparks Warnings of Market Correction from Industry Insiders

As artificial intelligence continues to dominate technology investment conversations, a prominent former Meta executive is sounding alarms about potential market…

by Natalie BrooksOctober 17, 2025

Infrastructure Technology

Nigeria Emerges as Africa’s Data Center Powerhouse Amid AI Expansion

Nigeria is witnessing a massive infrastructure boom as international technology companies pour hundreds of millions into advanced data centers. The investments are driven by the country’s young, digitally-native population and the growing demand for artificial intelligence capabilities across the continent.

Massive Infrastructure Investments Transform Nigeria’s Digital Landscape

Nigeria is experiencing a billion-dollar data center construction boom as global technology giants race to establish infrastructure capable of handling advanced computing workloads, according to industry reports. The West African nation, already recognized as one of the continent’s leading technology hubs, is attracting unprecedented investment to support its rapidly expanding digital economy.

by Darren HoltOctober 17, 2025

Economy Trade

Seoul Seeks Financial Safeguards in $350 Billion US Investment Pact

South Korean officials are engaged in high-stakes negotiations in Washington this week, working to finalize financial protections for Seoul’s massive…

by Sarah CollinsOctober 17, 2025

Policy Trade

China Tightens Rare Earth Export Controls, Escalating Trade Tensions with US

China has imposed sweeping new controls on rare earth exports, tightening its grip on global supply chains for critical minerals. The move has triggered immediate retaliation threats from the Trump administration and renewed trade war tensions ahead of expected high-level negotiations between the two economic powers.

Trade War Escalation Over Critical Minerals

China has implemented significant new restrictions on rare earth elements exports, according to reports from the country’s Ministry of Commerce. The recently published “announcement No. 62 of 2025” establishes stringent controls that analysts suggest could dramatically impact global technology and defense supply chains.

by Sarah CollinsOctober 17, 2025

Energy Policy

Lancashire Council Rejects Motion to Support Permanent Fracking Ban

Lancashire County Council has declined to support a motion calling for a permanent ban on fracking. The decision comes after Labour group leaders expressed concern about Reform UK’s position on the controversial extraction method. Council members voted against the ban proposal during a recent meeting.

Council Rejects Fracking Ban Motion

Lancashire County Council, which is led by Reform UK representatives, has refused to support a motion calling for a permanent ban on fracking, according to reports from a recent council meeting. The decision came after Labour group leader Mark Clifford put forward the proposal requesting the council back a government ban on the controversial extraction process.

by Natalie BrooksOctober 17, 2025

Business Policy

Derbyshire Business Park Evacuation Ordered Over Structural Safety Emergency

More than a dozen businesses at a historic Derbyshire mill site have been given 24 hours to vacate following emergency structural safety concerns. Business owners describe the situation as devastating after an emotional meeting with council officials. The evacuation affects Mill One of Pleasley Vale Business Park in the Bolsover District of Derbyshire.

Emergency Evacuation Order for Historic Mill Site

Business owners at a historic mill complex in Derbyshire are facing immediate evacuation after council officials declared the structure unsafe, according to reports. The sudden order has left more than a dozen enterprises scrambling to remove essential items with just 24 hours’ notice. Sources indicate the emergency meeting between business operators and council representatives was highly emotional, with proprietors describing themselves as “gutted” by the development.

by Sarah CollinsOctober 17, 2025