Today: October 29, 2026
Today: October 29, 2026

Economy

Business|Economy|Finance|Technology

Nearly 90% of businesses are turning to tokenised money, DBS survey shows

Global adoption of tokenised money is moving faster than expected among businesses looking to improve liquidity management and access new markets, a top executive from

Business|Economy|Science|Technology

Chipmaker SK Hynix to return $75 billion to shareholders after record profit

South Korea's SK Hynix will return about $75 billion to shareholders this year, it said on Wednesday, after reporting a more than seven-fold

Economy|Political|World

US costs of Iran war rise to over $47 billion, according to Pentagon estimate

The US military has spent over $47 billion so far to prosecute the war in Iran, more than 25% higher than the Defense Department's estimate in July,

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Special master could evaluate Justice Department's claims of noncitizens on California voter rolls

A federal judge says he is considering appointing a special master to evaluate claims by the Trump administration that California has some 20,000 noncitizens on its voter rolls

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Hunter Biden laptop issue resurfaces as judge scolds prosecutors over case against ex-FBI officials

A federal judge has scolded the Justice Department for its unorthodox handling of a criminal case against two former FBI officials accused of making false statements to Congress about their participation in and knowledge of investigations involving Hunter Biden, the son of former President Joe Biden

Economy|Environment|Science

Trump says he's ending restrictions on climate-warming methane from oil drilling

President Donald Trump says he's “terminating” a Biden-era rule that aimed to reduce planet-warming emissions of methane from oil and gas drilling

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Trump administration sued over rollback of corporate ownership reporting rules

Twenty-one US states and the District of Columbia sued President Donald Trump's administration on Tuesday over its rollback of reporting requirements

Business|Economy|Finance|Stock Markets|Technology

Trading Day: AI wave lifts all boats

Investors continue to ride the wave of AI optimism that has emerged from last week's gloom, with another tech-led rally lifting US stocks on

Asia|Business|Economy|Finance|Science|Stock Markets|Technology

Stocks rise ahead of tech earnings, Fed decision

MSCI's global equities gauge rose on Tuesday as investors awaited earnings from US technology companies and the Federal Reserve's next policy

Business|Economy|Environment|Health|Science

EPA response to 2023 Ohio train derailment will be investigated by agency watchdog

The Environmental Protection Agency’s response to the disastrous 2023 East Palestine train derailment will be investigated after dozens of residents of the small town on the Ohio-Pennsylvania and Vice President JD Vance requested the review

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Florida mom arrested at airport for leaving 4 kids home alone during work trip to Vegas

Florida mom arrested at airport for leaving 4 kids home alone during work trip to Vegas

Arts|Business|Economy

Food and household brands warn of more price hikes as Iran war costs bite

The world's top consumer goods and food companies, from Coca-Cola and Procter & Gamble to Nestle and Reckitt, have warned of

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US judge blocks Trump rule cutting the time refugees have to contest end of status

A federal judge on Tuesday temporarily blocked US President Donald Trump's administration from implementing a new rule that would cut the amount of time

Business|Economy|Finance|Technology

UPS CEO sees $15 billion annual revenue opportunity from data center boom  

UPS CEO Carol Tome told Reuters on Tuesday the AI data center boom is a decades-long opportunity for the world's largest parcel delivery and logistics

Business|Economy|Finance|Stock Markets

Robinhood profit misses estimates as crypto trading slows

Robinhood Markets missed Wall Street estimates for third-quarter profit on Tuesday, as slower cryptocurrency trading and higher expenses

Economy|Environment|Science

US is a big reason for the world losing ground in the fight against climate change, UN report says

Humanity is losing more ground in its fight against climate change

Business|Economy|Finance

HCA signals flat 2027 earnings as Medicaid payments drop; shares slide

US hospital operator HCA Healthcare signaled flat earnings for 2027 on Tuesday, as lower Medicaid payments and a rise in uninsured patients

Business|Economy

US energy firms to produce record natgas in 2026 as global demand soars

US energy companies expect 2026 to mark a second consecutive year of record natural gas production, as global demand for liquefied natural gas exports

Arts|Business|Economy|Education|Entertainment|Europe|MidEast|Science|US|World

US Supreme Court denies immigration judges the power to shelve deportation cases

The US Supreme Court declined on Tuesday to reinstate the authority of immigration judges to temporarily postpone deportation cases, keeping in place an agreement

Economy|Finance|Political|World

Senegal parliamentary committee to review revised budget key for new IMF deal

The finance committee of Senegal's National Assembly will review a revised budget it initially rejected and that is crucial to sealing a new programme with the International

Economy|Political|World

Trump says he will visit tanker in Texas with first oil from Venezuela deal

US President Donald Trump on Tuesday said he planned to visit a tanker in Texas which contains the first oil received from Venezuela following a deal that Washington

Business|Economy|Science|Technology

ASM International expects Q4 sales above forecasts, to hit 2030 goal three years early

ASM International forecast on Tuesday fourth-quarter revenue above expectations and said it would reach its 2030 sales target three years early, driven by AI-related capacity

Economy

Oil falls almost $2 as Middle East talks help ease supply worries

Oil futures settled down by almost $2 a barrel on Tuesday, though prices remain near six-month highs due to the disruption of shipping around the

Business|Economy|Finance|Stock Markets|US

Wall Street ends higher on revived AI momentum

An AI-fueled tech rally sent US stocks to a higher close on Tuesday as third-quarter reporting season gained steam, while the Federal

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NYSE moves to bring all-or-nothing options to stocks and company earnings

The New York Stock Exchange is preparing to start trading a new type of options contract that lets investors make all-or-nothing bets on whether a stock

Business|Economy|Finance

JetBlue CEO says no creditor talks as bond selloff raises doubts about turnaround

JetBlue Airways is not in talks with creditors and is not planning to restructure its debt, Chief Executive Joanna Geraghty told Reuters on Tuesday,

Economy|Political|World

US and Cuban officials engage in a shouting match during a UN debate over the economic embargo

U.S. and Cuban officials have engaged in a stunning shouting match on the floor of the United Nations General Assembly

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Manhunt underway for convicted killer who escaped through Tennessee prison fence and fled in stolen truck, officials say

Manhunt underway for convicted killer who escaped through Tennessee prison fence and fled in stolen truck, officials say

Business|Economy|Finance|World

Dollar rises as markets eye central bank meetings

The dollar edged higher against major currencies including the euro, yen and sterling on Tuesday amid market positioning ahead of a

Business|Economy|Finance|Stock Markets

United Parcel Service expects fatter holiday profits on slightly slimmer volume

United Parcel Service's focus on more lucrative business means it can make more money delivering slightly fewer packages during its critical

Business|Economy

Higher tariffs on Canadian imports would be 'catastrophic,' Honda exec says

A pending increase in US tariffs on steel and auto imports from Canada starting January 1 would be “catastrophic” for the industry, Honda

Arts|Economy|Entertainment|Finance|Technology

Boeing shares sell off on slower-than-expected 737 production, weaker free cash flow outlook

Boeing CEO Kelly Ortberg said on Tuesday that the company will miss its 737

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US military says 5 were killed by a strike on an alleged drug boat in the eastern Pacific

The U.S. military says it has attacked a boat it accused of smuggling drugs in the eastern Pacific Ocean

Business|Economy|Finance|Stock Markets|Technology|US

GM moves to Nasdaq as first legacy automaker on the exchange (Oct 27)

General Motors said on Tuesday it would transfer the listing of its common stock to Nasdaq from the New York Stock Exchange, joining a growing

Business|Economy|World

High inflation to persist globally into next year, Reuters poll shows

High inflation will persist in the global economy well into next year, according to hundreds of economists polled by Reuters, who are now increasingly concerned that

Business|Economy|Finance|Stock Markets|Technology

Neocloud firm Argentum AI in talks for $5 billion AI chip financing, sources say

Super Micro-backed cloud computing firm Argentum AI is in talks to secure a $5 billion financing deal for AI chips with a major private credit firm, according to two

Business|Economy|Finance

US consumer confidence improves in October

US consumer confidence improved in October amid an easing in gasoline prices, though frustration with the rising cost of living persisted, a survey showed on Tuesday.

Business|Economy|Finance|Technology

AI investment boom powers US business spending on equipment in September

New orders for key US-manufactured capital goods increased in September and shipments of these products surged, suggesting business spending on

Business|Economy|World

Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile

Yemen's Iran-aligned Houthis said on Tuesday they had hit Saudi Arabia's Ras Tanura oil refinery, the ⁠biggest in the kingdom, with a ballistic missile.

Business|Economy|Science|Technology

AI financing driving private credit growth as refinancing risks rise, Moody’s says

High levels of borrowing to fund AI infrastructure is expanding private credit beyond traditional corporate lending, but a wave of loans coming due in the next few years could leave

Business|Economy|Finance|Political

US new home sales fall in September; median house price drops from year ago

Sales of new US single-family homes fell in September, partially reversing the prior month's jump, as higher mortgage rates because of the Middle East conflict depressed

Arts|Business|Economy|Finance|Technology

Syngenta targets valuation of at least $66 billion in Hong Kong IPO, people say

Syngenta's advisers are targeting a valuation of at least $66 billion in the Swiss-Chinese agrochemicals group's planned Hong Kong listing,

Business|Economy|Finance

Brazil's markets recover some ground after selloff; minister vows fiscal discipline

Brazilian markets recovered some ground on Tuesday after a sharp selloff triggered by President Luiz Inacio Lula da Silva's reelection, while his government downplayed

Arts|Economy|Finance|Science|Travel

JetBlue shares rally after airline flags 'disconnect' between earnings and bond rout

JetBlue Airways shares surged 20% on Tuesday, after the airline raised its revenue forecast and defended its financial position against a

Business|Economy|Finance

Atlanta business owner's $30,000 water bill dispute helped inspire new city legislation

Atlanta business owner's $30,000 water bill dispute helped inspire new city legislation

Arts|Business|Economy|Finance

US consumer confidence recovers in October as gas prices eased a bit

American confidence in the economy rebounded somewhat in October as gas prices fell modestly but remain elevated

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Attacks kill at least 60 Orthodox Christians in Ethiopia, church says

The Ethiopian Orthodox Church reports that two attacks in Oromia have killed at least 60 Orthodox Christians

Business|Economy|Finance|Technology

PayPal CEO touts turnaround progress as annual profit forecast rises

PayPal CEO Enrique Lores on Tuesday expressed growing confidence in the payments company's years-long turnaround, as cost cuts and expanding margins helped drive a

Business|Economy|Europe|Technology

China's Great Wall Motor to build Ora 5 compact SUV in Bulgaria

China's Great Wall Motor will build its Ora 5 compact SUV in Bulgaria from early 2027 under a manufacturing agreement with a local partner, establishing its first

Africa|Economy|MidEast|Political|World

Iran security chief meets Supreme Leader after talks with Mecca pact countries

Iranian Security Council chief Mohsen Rezaei on Tuesday met Supreme Leader Ayatollah Mojtaba Khamenei, not seen in public since succeeding his slain father in March, a day

Business|Economy|Finance|Stock Markets|Technology

Meta eyes record $97.5 billion equity raise to fund AI expansion

Meta Platforms on Tuesday raised the planned size of its largest-ever equity offerings to $97.5 billion, as the social media giant taps the public market to

Business|Economy|Finance|Health

Centene lifts 2026 profit forecast, sees earnings growth continuing in 2027

Centene raised its annual profit forecast and said it expects 2027 earnings to be higher than this year, sending the health insurer's shares up

Business|Economy|Finance

Advent raises $30 billion for latest buyout, mid-market funds

Private equity giant Advent raised $30 billion across its latest fund complex, the firm said on Tuesday, securing capital for a flagship buyout vehicle and a new mid-market strategy

Business|Economy|Finance

Coca-Cola lifts profit forecast on international soda demand, flags higher costs

Coca-Cola on Tuesday raised its annual profit forecast as soft drink demand held up in markets including India and Brazil, even as it warned

Business|Economy|Finance|Travel|World

Hilton misses quarterly revenue estimates, warns of Mideast impact

Hilton Worldwide Holdings missed third-quarter revenue estimates on Tuesday and warned that US midterm elections and the Middle East conflict could weigh on its

Economy|Finance

US single-family home prices rise further in August, FHFA says

US single-family house prices increased further in August, despite rising mortgage rates weighing on demand for housing.

Business|Economy|Finance|Science|Technology

Big Tech earnings to test AI boom amid market turmoil

Amazon, Microsoft and Alphabet are expected to report accelerating cloud growth this week, but turbulence in global markets and mounting concerns over the cost of

Economy

How Trump’s ‘little detour’ to Iran became a roadblock in the midterm elections

When President Donald Trump launched his war on Iran, he said it would last a matter of weeks

Business|Economy|Finance

Strong dollar, high yields drag on gold outlook, but central-bank demand lends support

Analysts cut their 2026 gold price forecast for a second straight quarter because of high Treasury yields, a strong US dollar and expectations that rates will stay high

Business|Economy|Science|Technology

From bioweapons to blackmail, here’s what’s in Anthropic’s nearly 100-page list of risks, including ‘risks to humanity’

From bioweapons to blackmail, here’s what’s in Anthropic’s nearly 100-page list of risks, including ‘risks to humanity’

Economy|Science|Technology

We studied 1,584 data centers – and found the buildings full of machines are tied to modest local job growth

This employment boost took three to five years to show up, two researchers found after studying more than two decades of data.

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The ultra-wealthy crypto executives who are spending big on the midterms

A clutch of ultra-wealthy executives who made fortunes in and around the cryptocurrency business have become influential players in US politics, collectively spending more than $56

Business|Economy|Europe|Finance

Euro zone lending holds up even as banks tighten access

Lending in the euro zone continued to grow at a healthy pace in September even as banks tightened access to credit on the back of higher interest rates and geopolitical

Business|Economy|Finance

Bond investors are thinking less about the Fed and more about AI, deficits

Wall Street considers it settled that the Federal Reserve will hold

Business|Economy|Finance|Stock Markets|Technology|US

ANTimatter

Tech stocks staged a decent rally on Monday, seemingly taking AI darling Anthropic's IPO filing and Meta's additional equity raising plans as a vote of confidence in

Arts|Asia|Economy|Europe

China hands former security regulator anti-graft official suspended death sentence

A Chinese court on Tuesday handed Wang Huimin, a former anti-graft official at the China Securities Regulatory Commission, a death sentence ‌with a two-year reprieve over

Business|Economy|Finance|Health

The retirement expense you may be missing

This common healthcare cost can catch retirees off guard, and Medicare offers little protection

Crime|Economy|Political|Sports

South Africa deploys troops to coastal province to help control anti-migrant protests

South African President Cyril Ramaphosa has ordered the deployment of 510 soldiers to the coastal province of KwaZulu-Natal to support police efforts to control anti-

Economy|Interview

In US swing districts, high prices dominate minds but not always ballots

American consumers say the rising cost of living is a top concern — one that's changed how they shop.

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At least 62 people killed in attack on a community in northeastern Nigeria

Gunmen killed at least 62 people in an attack on a community in northeastern Nigeria

Business|Economy|Finance|Technology|World

Initial global sales of Apple iPhone 18 Pro higher than 17 series - Counterpoint Research

Global sales of Apple's iPhone 18 Pro series in the first three weeks after launch were 3.1% higher than for the iPhone 17 Pro series over

Arts|Economy|Europe|Finance|MidEast|World

Euro zone mortgage demand falls as rates rise, ECB survey shows

Demand for mortgages in the euro zone fell sharply in three months to September as interest rates rose and credit became harder to get, a European Central Bank poll

Arts|Economy|Environment|Finance|Technology|World

EU readying for major Australian resources investment, ambassador says

The European Union expects a wave of investment into the Australian critical minerals sector as it pushes to diversify its supply chain away from China,

Business|Economy|Travel

Caviar, champagne and a Porsche ride as aviation widens its class divide

A sleek black Porsche Cayenne glides across the tarmac at Charles de Gaulle airport in Paris as it delivers the

Arts|Business|Economy|Entertainment|Finance|Lifestyle|Science|Technology|World

Hold or sell? High Treasury yields spur US banks to rethink bond portfolios

A spike in Treasury yields is forcing US banks to confront an uncomfortable question: sell bonds worth billions of dollars they own at a loss, or hold on to paper losses?

Business|Economy|Technology

Workers are getting a shrinking slice of America’s economic pie

Workers are getting a shrinking slice of America’s economic pie

Economy|Sports

Investigators deliver report on why Iranian warships took part in naval drills off South Africa

A report into why Iranian warships took part in naval drills off South Africa’s coast this year against the instructions of the country’s president has been finalized

Business|Economy|Finance|Stock Markets

Citi, BCA downgrade Brazilian assets after Lula comeback

Citigroup and BCA Research have downgraded Brazilian assets after Lula da Silva's election victory, arguing that the risk-reward profile for equities, bonds and the currency has

Business|Economy|Finance

Japan's trend inflation index hits 3-year high, cements case for BOJ rate hike

Japan's core consumer price index, which strips out one-off factors, rose in September at the fastest annual pace in three years, data

Business|Economy|Finance|Science|Stock Markets|Technology

All eyes on AI

A look at the day ahead in European and global markets from Ankur Banerjee Markets are basking in the afterglow of the blockbuster US IPO filing of Claude-developer Anthropic that has lifted the mood

Arts|Asia|Business|Economy|Finance|World

Moody's sees positive shift in Japan's growth, resilience remains key test

Moody's sees encouraging signs in Japan's return to sustained growth and stable inflation, but a key test will be whether that resilience can withstand

Business|Economy|Finance|Technology

Taiwan central bank sees strong tech demand driving exports into 2027

Taiwan's central bank said on Tuesday that strong technology demand would drive exports into next year, though economic growth in 2027 will likely moderate after this year's

Business|Economy|Finance|Technology

US futures and Asian stocks advance following a rally on Wall Street

Asian stocks are mostly higher, with benchmarks in Tokyo and Seoul lifted by buying of AI-related stocks

Arts|Business|Economy|Election|Finance

5 things to watch from the Federal Reserve's next meeting

Federal Reserve policymakers are likely to keep their key interest rate unchanged Wednesday when they finish what may seem like an uneventful meeting

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Trump administration loses push to block California votes from alleged noncitizens

A US appeals

Arts|Business|Economy

UK retail body warns 'dam is starting to break' on price rises

Britain's main retail trade body warned on Tuesday that shops are now increasingly unable to absorb the impact of rising costs, after its data showed prices increased at the

Economy|Science

China is back in the bull semen market, but only the best will do

Utopia is one of Australia's best Angus bulls: jet black, muscular, he sires big, fast-growing cattle with superb meat quality. 

Arts|Business|Economy|Europe|Finance|Science|Technology|US

USTR Greer tells EU that loan to Airbus threatens trade truce on aircraft financing

US Trade Representative Jamieson Greer told the European Union on Monday that a lack of information about its record-breaking loan

Arts|Business|Economy|Entertainment

China's industrial profit growth picks up amid deepening economic divergence

China's industrial profits grew at a faster pace in September, though a deepening divergence across the economy weighed on business earnings.

Business|Economy|Science|Technology

Bank of Korea warns country's chip exports could fall by up to $100 billion if AI spending slows

South Korea's semiconductor exports could fall by $50 billion to $100 billion compared with earlier forecasts if capital spending on artificial intelligence by major US

Economy

Trump and Rubio plan to visit oil tanker carrying Venezuelan crude in Texas

President Donald Trump and Secretary of State Marco Rubio plan to showcase a newly arrived oil tanker filled with Venezuelan crude in Texas on Tuesday

Economy|Finance|Political

Ex-BOJ chief Kuroda backs more rate hikes, his former deputy urges caution

The Bank of Japan will likely consider raising interest rates at each upcoming meeting, according to a new book by former bank chief Haruhiko Kuroda, who

Business|Economy|Finance

Bond market is a buy right now, JP Morgan Asset Management's fixed income head says

There is a "generational amount of yield" in bond markets and it is time to buy debt, with a return of as much as 8% on offer in the US over the next the year, Bob

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Trump administration asks Washington to set aside ballots from 400 voters it says may be noncitizens

The Trump administration is asking Washington state to set aside any ballots received from more than 400 people it suspects registered to vote without U.S. citizenship

Business|Economy|Science|Technology

Wall Street banks, Blackstone line up $63 billion to finance Broadcom AI chips for Anthropic

Bank of America, Blackstone, Citi and Morgan Stanley will provide $63 billion in financing to buy Broadcom's AI chips and

Economy|Election|Finance|Political|US

Trump approval rises from record low to 32% ahead of midterm election, Reuters Ipsos poll finds

US President Donald Trump's public approval rating inched higher to 32%, up a percentage point from last week's record low, ahead of the November 3

Arts|Business|Economy

JetBlue seeks to reassure investors as losses deepen

JetBlue Airways sought to reassure investors about its financial health on Monday despite posting a bigger-than-expected quarterly loss, as

Business|Economy|Technology

South Korea Q3 GDP beats forecasts as AI chip boom boosts exports, investments

South Korea's economy grew faster than expected in the third quarter as a global AI chip boom boosted exports and investments, advance central bank estimates

Americas|Arts|Economy|Environment|Europe|MidEast|Science|Technology

Flood-weary US Southwest eyes forecast for more rain

The Four Corners region of the Southwestern U.S. is warily eyeing a forecast for still more rain

Business|Economy|Finance|Stock Markets|Technology|US

Trading Day: AI light, Brazil flight

Stocks mostly rose on Monday, lifted by renewed optimism around AI as Anthropic filed for a US IPO and as investors awaited more 'Big Tech'

Arts|Business|Economy|Entertainment|Finance|Technology

DoorDash in talks to buy Instacart in roughly $17 billion deal, source says

DoorDash is in advanced talks to acquire Instacart in a deal that could value the grocery-delivery platform at about $17 billion, a source familiar with

Arts|Crime|Economy|Education|Environment|Lifestyle|Travel

Family loses 'everything' to catastrophic flooding

Family loses 'everything' to catastrophic flooding

Business|Economy

Omaha-area truck drivers worry diesel prices could threaten their livelihoods

Omaha-area truck drivers worry diesel prices could threaten their livelihoods

Business|Economy|Environment|Food|Health|Science|Uncategorized

With tighter checks for flesh-eating screwworm, a border crossing reopens

Stockyards in New Mexico that had closed due to the New World screwworm outbreak are bustling again

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Israel presses ahead with West Bank operation as election approaches

The Israeli military is pressing ahead with a massive operation in the occupied West Bank that has displaced hundreds of Palestinians

Business|Economy|Science|Technology

Anthropic's soaring sales, steep losses put AI frenzy to IPO test

Anthropic took a big step closer to a potentially record-breaking IPO on Monday, even as it revealed steep losses and security concerns that could test

Business|Economy|Finance|Stock Markets

World stocks gain ahead of 'formidable' week for risk; oil prices fall

Global shares advanced on Monday, with investors focused on central bank meetings and a week of corporate earnings that will

Business|Economy|Finance|Science|Technology

Anthropic's IPO: A close look at AI frontrunner's rapid growth, spiraling costs

Anthropic unveiled its US initial public offering paperwork on Monday, setting up for a blockbuster market debut that would test investors' willingness to

Business|Economy|Finance|Interview|Political

Brazil finance minister signals more ambitious primary surplus for next year

Brazil's Finance Minister, Dario Durigan, said in an interview with local news service Broadcast on Monday that the government will pursue a higher effective primary

Economy|Europe|Political

Serbia's student movement toppled a political giant. Can it now govern the country?

By unseating longtime leader Aleksandar Vucic in Sunday's election, Serbia's student protest movement did what demonstrators in

Arts|Economy|Entertainment|Europe|MidEast

Oil settles lower on peace hopes, Saudi attacks limit losses

Brent crude futures finished lower on Monday amid hopes of easing hostilities in the Middle East, but persistent attacks on key producer Saudi Arabia

Business|Economy|World

Britain will not join Canada-led defence bank initiative

Britain will not join the Canada-led Defence, Security and Resilience Bank, in a setback to efforts to create the world's first global defence bank, according to a person familiar

Economy|Europe|Health|Political|Sports|World

French students vow more protests despite Macron government's concessions

French student leaders vowed to go on protesting despite government concessions on education, keeping pressure on President Emmanuel Macron

Business|Economy|Finance|Technology

Microsoft offers a quarter of its global workforce voluntary buyouts as AI spending accelerates

Microsoft has offered 60,000 employees, or about 27% of its global workforce, voluntary buyouts as the software giant spends heavily on artificial intelligence

Arts|Business|Crime|Economy|Entertainment|Finance

Trump administration's firing of prosecutor Maurene Comey was unlawful, judge rules

The abrupt firing of Maurene Comey as a federal prosecutor by President Donald Trump's administration was unlawful, a US judge ruled on Monday in a victory

Business|Economy|Environment|Political

San Francisco mayor declares local emergency to prepare for El Niño storm effects

San Francisco mayor declares local emergency to prepare for El Niño storm effects

Business|Economy|Finance|Stock Markets|US

Equities end higher as Anthropic's IPO filing buoys AI stocks

US stocks closed higher on Monday, with the S&P 500 and Nasdaq coming off consecutive weekly declines, as Anthropic's IPO filing

Arts|Asia|Business|Economy|Europe|Finance|Science|Technology|World

Euro slips ahead of central bank meetings, real tumbles

The euro fell against the dollar on Monday ahead of a busy week of central bank meetings and with crude oil prices remaining elevated, while the Brazilian

Business|Economy|Finance|Health|Science|Technology

Obesity drug developer Corxel to go public in US via SPAC deal

Obesity drug developer Corxel Pharmaceuticals will go public in the US through a merger with special purpose acquisition company Amanat Acquisition Corp, the companies announced on

Business|Economy|Finance|Stock Markets|Technology

AI stocks rise as Anthropic nears Wall Street debut amid investor caution

AI-linked stocks rose on Monday after Anthropic revealed the paperwork for its initial public offering, against the backdrop of growing investor unease over debt-fueled spending on

Business|Economy|Finance|Political|Stock Markets|US

Brazil stocks, real tumble as Lula win shifts investor focus

Brazilian stocks and the real currency posted their sharpest losses in years on Monday after the surprise

Business|Economy|Finance|Science|Stock Markets|Technology

AI companies are barreling toward huge Wall Street debuts. A look at the biggest players

Some of the leading artificial intelligence companies are moving toward initial public offerings at eye-popping valuations

Business|Economy

Russian refiners ramp up diesel output after US deal, sources say

Russian refiners are raising diesel production in October after the government granted export quotas following the Kremlin's supply agreement with the United States, said two 

Business|Economy|Finance|Science|Stock Markets|Technology

Wall St opens higher as Anthropic's IPO filing sharpens AI focus

US stocks opened higher on Monday as Anthropic's IPO filing drew investor attention ahead of a week dominated by corporate earnings and the Federal Reserve's interest-rate decision.

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From filing to first trade: Inside the US IPO process

Anthropic revealed its paperwork for a historic US listing on Monday, spotlighting the multi-step process IPO hopefuls typically must navigate before their shares

Business|Economy|Finance|Technology|World

Anthropic's potential mega IPO joins ranks of world's biggest listings

Anthropic took the wraps off its US initial public offering filing on Monday, bringing the Claude maker a step closer to a landmark debut that is set to test investor appetite for

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Audi CEO faces backlash after joining Trump at midterm campaign rally

Audi chief Gernot Doellner drew heavy criticism on Monday for appearing alongside US President Donald Trump at a campaign rally in the

Business|Economy|Finance

FedEx appoints Jamere Jackson as chief financial officer

FedEx on Monday appointed Jamere Jackson as chief financial officer, effective November 30. Jackson will step down as CFO of AutoZone on November 25.

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Apollo deepens Abu Dhabi ties with investment in Mubadala Capital

Apollo Global Management will acquire a minority stake in Mubadala Capital and commit capital across its investment strategies, the alternative asset

Economy|Finance|Science|Stock Markets|Technology

Anthropic IPO filing to put AI investment boom to the test

Anthropic made its US IPO filing public on Monday, edging toward what could be the first stock market debut by a frontier AI lab and laying out the promise, costs and risks of

Business|Economy|Finance|Stock Markets|US

EQT to buy Range Resources in $13 billion deal to create top US gas producer

EQT said on Monday it will buy Range Resources in a $13 billion all-stock deal to create the largest US natural gas producer, betting on rising demand from LNG exports

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UN-commissioned experts say Gaza ceasefire has not stopped Israel from committing genocide

A U.N.-commissioned group of independent experts accuses Israel of committing genocide in Gaza despite a ceasefire agreement

Economy|Finance|Stock Markets|Technology

HEDGE FLOW-Trend hedge funds saw worst week since 2024 as AI stocks fell, Goldman says

Trend-following hedge funds witnessed their worst weekly performance in two years last week, as concern about the eventual pay-off from hefty AI spending ignited volatility

Business|Economy|Finance|Stock Markets|Technology

Musk's grim outlook hits neoclouds as debt concerns mount

Shares of neocloud companies declined on Monday after SpaceX CEO Elon Musk said the sector could face consolidation and failures, adding to concerns over a widening gap between AI

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Analysts forecast Brazil market plunge after Lula turnaround win

Brazilian President Luiz Inacio Lula da Silva's election victory over Flavio Bolsonaro looked set to trigger a sharp selloff in its financial markets on Monday.

Economy|Environment|Science|Technology

50 years later, Amory Lovins’ soft energy path meets electrification

Five decades ago, he charted two paths for energy use in the US. His soft path rightly emphasized efficiency and renewables but underestimated the importance of electricity.

Business|Economy|Finance|Technology

The markets are starting to act seriously weird. Blame AI

The markets are starting to act seriously weird. Blame AI

Economy|Political

Sweden's Centre leader hands task of forming government back to parliament speaker

Swedish Centre Party leader Elisabeth Thand Ringqvist said on Monday she was handing the process of forming a government back to parliament speaker Andreas Norlen, as

Business|Economy

Strong CBI retail sales buck downbeat UK consumer trend

British retailers this month reported the smallest fall in sales in a year and a half, a survey from the Confederation of British Industry showed on Monday, bucking the

Business|Economy|Europe|Science|Technology

Poland eyes more cooperation with Germany in space, Polish minister says

Poland sees a lot of room to deepen cooperation with Germany in the space sector, Polish Finance Minister Andrzej Domanski said on Monday, underscoring the need to possess

Arts|Business|Economy|Finance|Stock Markets|US

US retailers face record holiday delivery prices from surcharges tied to costlier diesel

The most expensive parcel shipping year on record is on track to end with the highest-ever holiday season delivery prices as soaring diesel prices

Economy|Finance

Fed to hit pause on rate hikes, but maybe not for long

Federal Reserve policymakers have telegraphed they will not raise US short-term borrowing costs again this week, but with inflation concerns still front and center,

Business|Economy|Europe|Finance

Euro zone firms find it harder to get credit, ECB survey shows

Euro zone firms are having a harder time getting credit from their banks just as their finances are squeezed by more expensive fuel and higher costs, a European Central

Economy|Political

Trump failed to stop inflation. Now Republicans may pay the price in the midterm elections

One week before midterm elections, President Donald Trump is struggling to deliver on his promise to bring down costs

Economy|Election

In his own words: Trump on gas prices and energy costs since launching the war with Iran

Since launching the war with Iran nearly eight months ago, U.S. President Donald Trump has struggled to quell soaring energy costs, undermining Republicans’ attempt to keep control of Congress in the midterm elections next week

Asia|Business|Economy|Finance|Stock Markets

Asia-focused banks face capital squeeze due to inflation, bond turbulence

A mix of volatile bond markets, sticky inflation and shifting foreign exchange dynamics is creating a risk to Asia-focused banks

Asia|Economy|Finance|Political|World

China's Xi opens Communist Party plenum, aims for firm governance measures

China's Communist Party began a meeting of senior cadres on Monday aimed at tightening discipline and pressing officials to implement Beijing's orders, paving the way for a

Economy|Finance

Why Wall Street banks want Democrats to back their capital relief

Wall Street banks are poised to score significant regulatory relief thanks to US President Donald Trump's Republican regulators, but ensuring the changes survive long-

Economy|Technology

US growth boosted by AI, but no sign of a turning point higher

In his 2025 inaugural address, President Donald Trump said his return to the White House heralded the start of a new golden age for the US, especially for the economy.