The day in 8 cards

Paris owes, China discounts, India builds, AI bills us all. Ambulances fly first. Tap a card to see it full size, or a headline for the whole story.

  1. Explainer: ePlane targets a 2028 launch, starting with high-margin electric air ambulances before cargo and air taxis that promise five-to-eightfold faster trips at about twice an Uber fare.01Ambulances first, taxis later
  2. Explainer: India's private capex pipeline rose 39% to ₹99.7 lakh crore; manufacturing and electricity hold 74% and Maharashtra 29%, raising concentration and execution risks.02Bigger bets, fewer baskets
  3. Explainer: India holds about 3% of global data-centre capacity against nearly 20% of the world's data; Google, Microsoft and AWS are investing $15bn, $20.5bn and over $21bn.03India's data, someone else's servers
  4. Visual explainer: France's 10-year yield passed 5%, debt is 119% of GDP and growth is forecast at 0.5%; a deficit near 5% against 3% growth feeds a debt spiral, while over-60s, who hold 60% of wealth, resist pension cuts. Analysts see limited contagion.04Paris pays the price
  5. Explainer: Stanford research finds employment of US software developers aged 22 to 25 down 19%; customer service is similar while health-aide jobs grow, and there are no mass AI lay-offs yet.05The missing first rung
  6. Explainer: Brookings estimates the US AI build-out at $10.3tn through 2032, funded by hyperscaler cash flow, chipmaker stakes and investment-grade debt that ends up in pensions, annuities and insurance.06Your pension owns a data centre
  7. Visual explainer: Chinese stocks lost $3.5tn since May as September exports rose 36.3% and industrial output 5.5% but retail sales just 1.1% and fixed-asset investment fell 7.2%; price wars squeeze profits and households keep saving.07China makes more, earns less
  8. Explainer: a Walmart app user saw a $110 price gap between two phones, which Walmart blamed on an error; retailers deny personalised pricing while New York and three other states regulate it.08Is your phone setting your price?

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