Here are the business stories making the headlines across Aberdeen, Scotland and the UK this morning.

Anthropic warns of 'catastrophic risk' to humankind ahead of blockbuster share listing

Anthropic has warned artificial intelligence (AI) could pose "catastrophic or existential risks to humanity" as it unveiled details of its planned blockbuster stock market listing in the US.

The firm's valuation is expected to exceed that of SpaceX, which was the biggest-ever listing at an initial valuation of about $1.8 trillion in the summer.

Anthropic has not yet disclosed the number of shares to be released, their price range, or a date for the listing.

Read the BBC article here.

Meta launches $95bn share sale to bankroll AI expansion

Meta Platforms says it plans to raise up to $95bn in its largest equity fundraising yet, as the social media group spends aggressively to expand its artificial intelligence infrastructure.

The technology company, which owns Facebook, has launched public offerings worth about $35bn in common and preferred stock, and says it plans a separate at-the-market share sale programme to raise up to $60bn.

It will launch the larger share sale programme after its new non-voting Class C shares begin trading, which is expected in the first quarter of 2027, but says it has not finalised the timing and terms of the sale.

Read more in The Times.

New weather warnings as third storm set to hit Scotland

Two new weather warnings have been issued as a third storm in a matter of days is set to batter Scotland.

It comes as thousands of homes across the country remain without power in the aftermath of Storm Boelo.

A yellow warning for wind, external covering the south-west of Scotland came into effect at 18:00 and runs until 03:00 on Tuesday.

Find out more on the BBC website.

Aberdeen streets closed as television film crews return to city once again

Camera crews have returned to Aberdeen once again as filming of the new TV series Laird resumed in the Granite City.

The production team were spotted by Woolmanhill Hospital, where a number of lorries and other vehicles were parked up.

They returned to the city to stage scenes for the Paramount+ show, which stars Kenneth Branagh.

Read more in The Press and Journal.

Major Aberdeenshire retail store and restaurant for sale after 32 years

A major Aberdeenshire retail store that has been running for 32 years is for sale as its owner seeks retirement.

Family-owned Celebrations of Turriff has a vast range of goods, including furniture, clothing, beds, carpets and curtains.

The 25,000 sq ft site on Main Street also includes a restaurant and coffee shop.

Read the P&J article here.

Revolut launches UK personal loans in challenge to major banks

Revolut is to start offering personal loans in a significant acceleration of the fintech company’s ambitions to expand and win customers from traditional banks.

Revolut, which got its full UK banking licence this year, plans to issue unsecured loans worth between £2,000 and £25,000 to customers.

The digital bank, launched by Nik Storonsky and Vlad Yatsenko in 2015, has been seeking to build a “one-stop financial app” for lending, saving and budgeting, having previously been restricted to simpler payments products. 

Read more in The Times.

Rise in sales of radios and tinned foods, say retailers, after call to stock up

Some retailers have seen a dramatic increase in sales of essential goods after the government called for people to stock up in case of a crisis, according to figures obtained by Newsnight.

The Iceland supermarket chain said it was "clear" consumers had listened to warnings after it saw a 40% increase in sales of tinned products over the weekend.

The rise in sales came after Defence Secretary Wes Streeting said that people should stockpile goods to prepare for an emergency such as a cyber attack or an extreme weather event.

Read the BBC story here.

Israel heads to polls for pivotal election defined by security and democracy

Israelis are heading to the polls for what many view as one of the most pivotal elections in the country's history.

An unprecedented 70,000 people have reportedly flown home from abroad to vote, while half a million are set to cast ballots for the first time.

Polling published on Friday suggests incumbent Benjamin Netanyahu is in a near neck-and-neck race with former military chief Gadi Eisenkot to become prime minister.

Read more from the BBC.

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