LA Post: Latest business news and finance headlines

ASEAN envoy meets Myanmar minister, discusses civil war and aid access

The Southeast Asian bloc's special envoy met Myanmar's foreign minister during a visit to the country and discussed its civil war and humanitarian access, according to official

October 30, 2026

Japan's Nikkei slumps up to 3% as tech stocks tumble on AI worries

Japan's Nikkei share average dropped as much as 3% on Friday, led by chip-related stocks, as concerns mounted over the sustainability of spending to fund the AI boom.

October 30, 2026

Asia|Business|Economy|Europe|Political

Germany's Merz says EU to shape better offer as global trade order comes under pressure

German Chancellor Friedrich Merz said on Friday that the European Union will take the lead in shaping a better offer when free trade and the rules-based trading order come

October 30, 2026

Business|Economy|Finance|Stock Markets

BOJ keeps interest rates steady, signals further rate hikes

The Bank of Japan kept interest rates steady on Friday, but revised up its inflation forecast and stressed anew its readiness to continue pushing up borrowing costs to

October 30, 2026

Arts|Business|Economy|Finance|Technology

Coinbase returns to profit as crypto investment gains offset trading weakness (Oct 29)

Cryptocurrency exchange Coinbase Global returned to

October 29, 2026

Business|Economy|Finance

Analysts react to BOJ decision to keep rates steady

The Bank of Japan kept interest rates steady on Friday, but revised up its inflation forecast and stressed anew its readiness to continue pushing up borrowing costs to forestall

October 30, 2026

Arts|Business|Economy

Singapore third-quarter layoffs at highest level since 2020

Singapore's retrenchment rate in the third quarter of 2026 hit its highest level since the height of the COVID pandemic in late 2020, driven by business reorganisations,

October 30, 2026

Arts|Economy|Europe|Science|Technology

China trade accord with Swiss bucks wider trend towards protectionism

When Chinese President Xi Jinping meets his Swiss counterpart, Guy Parmelin, on Friday, the two will be marking one of the most favourable

October 29, 2026

Arts|Business|Economy|Environment|Technology

GM to pay $220 million to settle allegations it violated drivers' privacy

General Motors will pay $220 million to settle allegations that it illegally sold drivers' private behavior and location data to brokers, who then sold the

October 29, 2026

Tokyo core inflation exceeds BOJ target in October

Annual core inflation in Japan's capital well exceeded the central bank's 2% target in October, data showed on Friday, highlighting mounting price pressure

October 29, 2026

Business|Economy|Technology

Reddit puts logged in experience first as Google AI hits traffic

Reddit CEO Steve Huffman outlined a plan on Thursday to mandate sign-ins for most content to deter data scraping on the social media platform after he blamed

October 29, 2026

Business|Economy|Finance|Technology

Microsoft expects to raise $25 billion in US bond sale, sources say

Microsoft is planning to raise about $25 billion through its first US investment-grade bond sale in more than nine years, two sources familiar with

October 29, 2026

Business|Economy|Environment|Lifestyle|Science

Japan's beleaguered shoppers are a worry for convenience stores and the economy

Kana Sekiya, 43, used to shop near a train station in Tokyo on her way back home from work.

October 29, 2026

Business|Economy|Finance|Technology

Binance flags 'potential security issue,' says approximately $6.3 billion impacted

Binance, the world's largest cryptocurrency exchange, is investigating a potential security issue that appears to be a hack

October 29, 2026

Justice Department subpoenas California officials in escalation of its scrutiny of elections

The U.S. Justice Department has issued subpoenas to California officials in an escalation of its scrutiny of local election administration

October 29, 2026

Shares of Google’s parent company just had their worst day ever. Here’s what it means

October 29, 2026

Gilead hikes 2026 sales outlook, says Medicare cuts Biktarvy price by 38% starting in 2028

Gilead Sciences hiked its full-year sales outlook on Thursday and reported third-quarter product sales rose 13%, driven by a double-digit percentage jump for its

October 29, 2026

Business|Economy|Finance|Technology

Intel shares tumble after hours, hit by chip supply constraints, big cash burn

By Anhata Rooprai and Max A.

October 29, 2026

Economy|Political

Colombia government proposes steep spending cut as fiscal woes deepen

Colombia's government on Thursday submitted to Congress a sweeping fiscal reform bill aimed at cutting public spending by about 15%, raising revenue through

October 29, 2026

Arts|Economy|Technology|Travel|World

Chinese EVs win over some in South Korea, but Japan is proving to be a rougher road

Kim Min-seon bought an electric vehicle from China's BYD in July. The questions came swiftly.

October 29, 2026

Business|Economy|Finance

FedEx Freight forecasts quarterly earnings above estimates on improving volumes, pricing (Oct 29)

FedEx Freight forecast earnings for the crucial holiday

October 29, 2026

Economy|Finance

Private equity, data centers in crosshairs of US Senate Democrats, aide says

US Senate Democrats plan to launch investigations into an array of issues, ranging from private equity’s impact on living costs to

October 29, 2026

Business|Economy|Finance|Technology

Amazon sinks as AI spending eclipses fastest cloud growth in five years

Amazon.com on Thursday reported a massive cash burn in the third quarter, sending shares sharply lower, while it signaled higher capital

October 29, 2026

Arts|Business|Economy|Finance|Technology

Amazon offers cautious view after disappointing 3Q results but delivers strong cloud growth

Amazon offered a cautious sales outlook for the current fourth quarter that encompasses the critical holiday shopping period after delivering fiscal third-quarter results that came in below Wall Street analysts’ expectations

October 29, 2026

Business|Economy|Sports

MLB's 2027 season threatened with lockout looming when labor deal expires Dec. 1

Major League Baseball might face a long pause following the Milwaukee Brewers' first World Series title

October 29, 2026

Business|Economy|Finance|Stock Markets

World's oldest bank fights for its future as Italian rival nears takeover

Monte dei Paschi di Siena looked set to lose its independence after more than 550 years, with its attempt to fend off Italy's biggest bank having

October 29, 2026

Business|Economy|Finance

Brazil debt climbs to $1.8 trillion as interest costs surge

Brazil's public debt rose nearly 1% in September, driven largely by interest costs, Treasury data showed on Thursday, as interest expenses continued to drive debt

October 29, 2026

US promises tariff relief in talks with Audi on Georgia plant, sources say

US President Donald Trump's administration has promised tariff relief to Volkswagen's luxury unit Audi to help secure its $4

October 29, 2026

Business|Economy|Finance|Technology

Trading Day: Communication breakdown

The big three US stock indices fell on Thursday, despite weaker oil prices, lower bond yields and upbeat economic growth data, as a record fall

October 29, 2026

Business|Economy|Finance|Food|Stock Markets

Mondelez tops third-quarter profit estimates on easing cost pressures

Cadbury parent Mondelez International beat Wall Street expectations for third-quarter profit on Thursday, supported by favorable cocoa prices and higher pricing

October 29, 2026

Business|Economy|Finance

Starbucks sees annual profit above estimates as turnaround gains traction

Starbucks forecast annual profit above Wall Street expectations on Thursday and unveiled a $1 billion share repurchase plan, signaling

October 29, 2026

Business|Economy|Finance|Technology

A historic drop for Alphabet's stock drags the US market lower

A historic drop for Alphabet's stock dragged the U.S. stock market lower

October 29, 2026

Economy|Political|US|World

Trump says Canada has been treating the US very nicely

US President Donald Trump, who has been engaged in a tariff war with Canada, on Thursday told a rally that Canada has been "treating us extremely nicely

October 29, 2026

Business|Economy|Finance

Brazil interest burden climbs to 9% of GDP, highest since 2016

Brazil's interest bill rose to 8.99% of gross domestic product in the 12 months through September — a level not seen since January 2016, when the country was mired in a

October 29, 2026

Business|Economy|Finance|Science|Technology

Equities and bond yields dip with AI jitters and economic data in focus

Wall Street equity indexes dipped on Thursday as AI jitters offset some encouraging economic data while Europe's stocks rallied as

October 29, 2026

Business|Economy|Environment|Science

Soy, rare earths and fuels: how Brazil vote impacts the global flow of resources

Brazil's surprising reelection of leftist President Luiz Inacio Lula da Silva will have implications for the global flow of commodities from the

October 29, 2026

Economy|Finance

UK will reduce 'unsustainable' welfare costs, Healey says

British finance minister John Healey said the government would reduce spending on welfare benefits as he sought to address one of the

October 29, 2026

Business|Economy

US shipper costs hit five-year high, even as demand stalls, US Bank data shows

US shippers in the third quarter paid the most to move freight since 2021, after soaring diesel prices due to the US and Israeli war on Iran and a

October 29, 2026

Economy|Education

Priced out: Milan's cost of living drives away teachers

Massimiliano Matteri, a 49-year-old teacher from Dongo, a small town on Lake Como, was thrilled when he landed a full-time job at a secondary school in

October 29, 2026

Economy

Oil prices settles lower as diplomacy hopes offset some Mideast supply concerns

Oil prices fell on Thursday in a choppy session as hopes for peace talks between the US and Iran offset some concerns over Middle East supply

October 28, 2026

Wall Street ends lower as Alphabet revenue miss revives AI capex jitters

US stocks slid on Thursday, with investors reassessing big tech's massive AI spending spree as they digested high-profile earnings and

October 29, 2026

Business|Economy|Europe|Political

European Central Bank head resigns, allowing EU leaders to choose successor before French election

European Central Bank President Christine Lagarde will resign nine months before her term ends

October 29, 2026

Police chief says shooting outside Virginia GOP offices has nothing to do with election

Police say a shooting outside the Republican Party of Virginia offices in Richmond Thursday is unrelated to the upcoming midterm elections

October 29, 2026

Economy|Health|Political

Judge blocks Trump administration's Medicaid rule forcing sick recipients to prove frailty

A federal judge has ruled that chronically ill people on Medicaid won’t be bound by new work requirement rules that the latest Trump administration guidance requires in order to qualify for “medically frail” exemptions

October 29, 2026

Business|Economy|Finance

IMF says Federal Reserve is 'appropriately' keeping close eye on data

The US Federal Reserve is appropriately keeping a close watch on US economic data as it shapes its monetary policy, the International Monetary Fund said

October 29, 2026

Business|Economy|Finance|Health

Lilly's obesity drug strength fuels record rally, Wall Street optimism

Eli Lilly shares surged to a record high on Thursday, as sales of blockbuster weight-loss injections helped the drugmaker beat quarterly profit expectations and raise its full-year

October 29, 2026

Asia|Economy|Europe|Political

Spain reckons with second deadly train crash of the year ahead of national election

Spain faces fresh concerns about rail safety after a second high-speed train crash this year killed 69 people

October 29, 2026

Business|Economy

Venezuela to offer state assets to private sector, Rodriguez says

Venezuela's interim President Delcy Rodriguez said on Thursday the government has made progress identifying state assets to offer to the private sector and former owners, a move

October 29, 2026

Arts|Economy|Europe|Finance

Euro edges up versus dollar after ECB holds rates

The euro edged higher on Thursday after the European Central Bank kept interest rates unchanged, while the dollar eased against

October 29, 2026

Business|Economy|Technology

Wall Street ends lower as Alphabet revenue miss revives AI capex jitters

US stocks slid on Thursday, with investors reassessing big tech's massive AI spending spree as they digested high-profile earnings and

October 29, 2026

Mastercard caps strong quarter for card giants as consumer spending holds up

Mastercard on Thursday rounded out a strong quarter for payment networks with a profit beat, as consumer spending held up despite worries over

October 29, 2026

Business|Economy|Finance

Crocs shares surge on raised forecast as HEYDUDE turnaround gains traction

Crocs' shares surged about 27% on Thursday after the footwear maker raised its full-year forecasts, betting on a sustained recovery at its HEYDUDE brand and steady demand for its

October 29, 2026

Business|Economy|Election|Political

Animal welfare-focused farm group targets Republicans in rural races

A lobbying group that says it represents farmers and meat companies is helping to fund $3 million in attack ads against Republicans in some of the most

October 29, 2026

Business|Economy|Finance|Science|Technology

Wall Street's AI bet: Own the infrastructure, collect the rent

Wall Street's top alternative asset managers are betting on the AI boom by owning the infrastructure behind it and locking in rent through

October 29, 2026

Exxon, Chevron cancel executive trips to UAE's ADIPEC, sources say

US oil firms ExxonMobil and Chevron have cancelled plans for their executives to travel to the United Arab Emirates' biggest oil show next week, citing security concerns, two

October 29, 2026

Business|Economy|Technology

DoorDash offers $17 billion for Instacart in what would be a big consolidation for grocery delivery

DoorDash is offering $17 billion to buy Instacart to supercharge its grocery delivery business in what would be a big consolidation in grocery delivery

October 29, 2026

Business|Economy|Finance|Technology

What to consider if a company that made AI-related job cuts wants you back

Companies have been slashing jobs to invest in artificial intelligence, raising anxiety among workers who fear they may lose their livelihoods to machines

October 29, 2026

Economy|Environment|Health|Political

US lawmakers urge Trump administration to oppose Colombia's Amazon aerial spraying plans

A group of U.S. lawmakers is urging Secretary of State Marco Rubio not to support Colombia’s plans to restart aerial spraying of coca crops in the Amazon, warning of risks to human health and the environment

October 29, 2026

Business|Economy|Finance

The average 30-year US mortgage rate dips to 7.24%, the lowest level in more than a month.

The average long-term U.S. mortgage rate declined for the second straight week, falling to its lowest level in more than a month

October 29, 2026

Arts|Asia|Economy|Europe|MidEast

Central banks take a breather, though more hikes are to come

Major central banks took a break from interest rate rises this week, but they are by no means done, with energy prices near multi-

October 29, 2026

Business|Economy|Europe|Political

ECB's Lagarde resigns early so she can speak freely on topics beyond monetary policy

European Central Bank President Christine Lagarde said on Thursday she had decided to step down eight months before her term was due to expire so that she can speak more

October 29, 2026

Arts|Economy|Europe|Finance|World

ECB flags December hike but sees yield rise hitting growth

The European Central Bank left interest rates unchanged in a well-telegraphed move on Thursday but clearly hinted at another hike

October 29, 2026

Business|Economy|Finance

Robust consumer spending, AI-related investment power US economy in third quarter

The US economy grew at its fastest pace in a year in the third quarter, shrugging off higher oil prices stemming from the conflict in the Middle East

October 29, 2026

Business|Economy|Europe|Finance

ECB governors see December hike likely followed by pause, sources say

European Central Bank policymakers expect to increase interest rates in December to fight high, energy-led inflation and then pause as a rise in bond yields is set to

October 29, 2026

Business|Economy|World

IMF aims for Egypt's last program review to be cleared by mid December

The International Monetary Fund said on Thursday its current mission to Egypt aims to reach a staff-level agreement and bring it to its executive board for approval before mid-

October 29, 2026

Arts|Business|Economy|Technology

Cash is king, as investors draw new battle lines in AI spending boom

Cash flow is king again.

October 29, 2026

Economy

Russia to extend diesel export ban, use quotas to fulfil US deal, sources say

Russia will extend its diesel export ban until the end of the year while allowing some companies to ship fuel under a quota system to meet its new export commitment to the US, two

October 29, 2026

Business|Economy|Finance

Clorox appoints Unilever executive as its new CEO

Clorox on Thursday appointed Unilever executive Fabian Garcia as its new chief executive officer effective January 5.

October 29, 2026

Arts|Economy|Election|Finance

Strong growth and inflation paints mixed picture of economy days before midterm elections

The U.S. economy posted strong growth in the July-September quarter yet inflation remained stubbornly high last month, government reports showed Thursday, painting a mixed picture less than a week before midterm elections in which the uncomfortably high cost of living has become a central issue

October 29, 2026

Arts|Economy|Europe|Finance

Swiss assess potential UBS relocation, highlight difficulties

The Swiss government has analysed how UBS would fare if it relocated abroad to escape stricter new capital rules, underlining how seriously officials are

October 29, 2026

Business|Economy|Finance

Last snapshot of the US economy before midterms shows stronger growth but higher inflation

October 29, 2026

Business|Economy|Finance

US stock index futures pare losses after economic data

US stock index futures pared declines slightly on Thursday as investors assessed the latest inflation reading, released a day after the US Federal Reserve kept interest rates

October 29, 2026

Eli Lilly lifts revenue outlook as weight-loss shot demand soars, shares jump

Eli Lilly raised its full-year revenue forecast by $5 billion and beat third-quarter profit estimates on Thursday on booming demand for its

October 29, 2026

Economy|Finance|Travel|World

US couple's retirement dream in ruins after residential cruise scrapped in Cambodia

Americans Lynn and Paul Montoya sold their house and cars in Wyoming so they could afford to buy a $179,000 cabin on the residential cruise

October 29, 2026

Business|Economy

Cheniere boosts forecast as Middle East gas disruptions buoy demand for US LNG

Cheniere Energy raised its full-year earnings forecast on Thursday, driven by higher LNG export volumes as Middle East supply disruptions pushed

October 29, 2026

Business|Economy|Finance

US inflation heats up in September; consumer spending rises

US inflation accelerated in September as consumers paid more for gasoline and other goods, supporting economists' expectations of an interest rate increase from the

October 29, 2026

Arts|Economy

US weekly jobless claims hover near 57-year lows

The number of Americans filing new claims for unemployment benefits hovered near 57-year lows last week amid labor market resilience.

October 29, 2026

Business|Economy|Finance|Technology

Caterpillar sticks to annual sales forecast amid cost pressures, shares dive

Caterpillar stuck to its annual sales growth forecast on Thursday despite strong demand for its power equipment from data centers, amid cost

October 29, 2026

Business|Economy|Technology

Wall St falls at open as Alphabet results reignite AI spending fears

US stocks opened lower on Thursday as Alphabet's results rekindled worries about soaring AI costs, while investors assessed fresh inflation data following the Federal Reserve's

October 29, 2026

Business|Economy|Finance|Technology

DoorDash is buying Instacart for $17 billion

October 29, 2026

DoorDash strikes $17 billion deal for US rival Instacart in mega grocery delivery bet

DoorDash said on Thursday it would buy Instacart in a deal valued at about $17 billion, stepping up its push into the fast-growing US grocery

October 29, 2026

Business|Economy|Europe|Finance|Stock Markets

ECB keeps rates unchanged; euro and bond yields fall

The European Central Bank left interest rates unchanged in a well-telegraphed move on Thursday, and said inflation risks were on the rise from surging energy costs, which

October 29, 2026

Business|Economy|Environment|Technology|Travel

Airbnb pledges $500M for its nonprofit to offer more free emergency stays

Airbnb is dedicating more than $500 million to its philanthropic arm over the next five years

October 29, 2026

Business|Economy|Europe|Finance

ECB's Lagarde steps down, saying she can't remain neutral on world events

European Central Bank President Christine Lagarde said on Thursday she would step down early from her position in order to have the

October 28, 2026

Arts|Business|Economy|Food

Hershey warns rising living costs may spook Halloween shoppers

Hershey on Thursday warned that increased pressure on shoppers due to high inflation and interest rates could impact how much consumers spend on candy this

October 29, 2026

Economy|Finance|Lifestyle

Meloni introduces personalised number plates, urges Italians to be 'creative'

Italy's government will allow motorists to personalise the number plates of their vehicles, in a revenue-raising move that follows the example of the Unites

October 29, 2026

Hong Kong's housing minister resigns after fire investigation finds inadequate oversight

Hong Kong leader John Lee apologized Thursday and said his housing secretary resigned after an investigation into the city’s deadliest fire in decades found inadequate regulatory oversight

October 29, 2026

Economy

Democrats are the unwitting beneficiaries of Trump’s immigration policies

A quiet US-Mexico border, and the reduced urgency of undocumented immigration, has deprived Republicans of an issue that previously energized voters and offered conservatives an advantage.

October 29, 2026

Economy|Environment|Food|Science

Federal policy helped widen rural America’s fresh food gap, but a 90-year-old law could help close it

A food systems researcher shows how trucking deregulation and lax antitrust enforcement let big grocery chains grow as rural distribution thinned.

October 29, 2026

US unemployment claims slide to 194,000, the lowest since mid-July

The number of Americans applying for unemployment claims dipped last week to 194,000 — lowest since mid-July — as layoffs remain low and most Americans enjoy job security

October 29, 2026

Economy|Technology

US economy grows at brisk 3.4% pace in third quarter on strong consumer spending and AI investment

The U.S. economy grew at a healthy 3.4% annual pace from July through September, accelerating from the second quarter on strong consumer spending and investment in artificial intelligence

October 29, 2026

Economy|Health|Science

How the law protecting Americans from surprise medical bills is driving up healthcare costs

A handful of providers are hijacking the arbitration process – and consumers are likely to foot the bill.

October 29, 2026

Arts|Business|Economy

Bunge beats quarterly profit estimates on strong crush margins

Grain trader Bunge beat Wall Street estimates for third-quarter adjusted profit on Thursday, benefiting from robust processing margins for soybeans and other oilseeds.

October 29, 2026

Restaurant Brands tops sales estimates as Burger King deals draw diners

Restaurant Brands International, beat Wall Street estimates for third-quarter comparable sales on Thursday, as value meals and new menu items drew more diners to its Burger King

October 29, 2026

Economy|Political|World

China's Communist Party confirms expulsion of 33 officials

China's Communist Party confirmed the expulsion of 33 officials, including former Politburo member Ma Xingrui and former senior military leader Zhang Youxia, from the party

October 29, 2026

Trump touts projects and payouts on the campaign trail. Many are uncertain

US President Donald Trump has touted billions of dollars in new factories, energy projects and jobs while campaigning for Republicans

October 29, 2026

Arts|Economy|Finance|Science|Technology

Firefighting cash burn

There were few fireworks from the Federal Reserve on Wednesday, with two dissenters to the decision to keep rates unchanged, but there were indications of more hikes

October 29, 2026

As criminal networks spread in Latin America, Quito is new battleground

For years, the neighborhood watch group in the working-class area of Solanda in Ecuadorean capital Quito had patrolled their nighttime streets armed

October 29, 2026

Economy|Europe|Finance

Christine Lagarde: The outsider who led the ECB her way

Christine Lagarde's decision to step down early as European Central Bank president ends an eventful seven years at an institution she

October 29, 2026

Economy|Europe|Finance

ECB President Lagarde resigns effective Feb 7

European Central Bank President Christine Lagarde had resigned and will step down on February 7, the ECB said in a statement on Thursday.

October 29, 2026

Business|Economy|Environment|Science

Senate is skeptical about making daylight saving time permanent despite Trump's pressure

Get ready to fall back

October 29, 2026

Asia|Economy|Food|Health

Indonesian free meals agency pledges urgent action to curb food poisoning

The head of Indonesia's Nutrition Agency, which runs the country's free meals programme, said on Thursday that his agency "desperately" needs to prevent food poisoning

October 29, 2026

Business|Economy|Finance

South African economy 5% bigger after rebasing, moving further ahead of Nigeria

South Africa's economy is estimated to be about 5% larger than previously reported after a benchmarking and rebasing exercise, its statistics agency said

October 29, 2026

Business|Economy|Finance|Technology

BYD's third-quarter profit growth slows, misses forecasts

Chinese electric vehicle maker BYD reported a smaller-than-expected 28% increase in third-quarter profit on Thursday as intensifying competition at home spread to overseas

October 29, 2026

Business|Economy|Finance|Technology

Volkswagen posts deepest loss since Dieselgate on Porsche writedown, China woes

Volkswagen posted its steepest quarterly loss in more than a decade in the third quarter, hit by a writedown on its stake in Porsche and

October 29, 2026

Economy|Political|World

India says trade deal with US will not hurt its farmers

India will not compromise the interests of its farmers or stakeholders in a trade deal with the US and will have a strong advantage once the agreement

October 29, 2026

Business|Economy|Finance|Technology

Japan weighs government-backed bank lending scheme to spur strategic investment

Japan's government said on Thursday it is considering a scheme to channel public funds through private lenders to support corporate investment, seeking to

October 29, 2026

Business|Economy|Food|Stock Markets

Chipotle shares rise as burrito chain sharpens focus on traffic revival

Chipotle Mexican Grill shares rose 7% in premarket trading on Thursday on signs CEO Scott Boatwright's efforts to bring back diners with new menu launches and a marketing push were

October 29, 2026

Asia|Business|Economy|Finance|Stock Markets

MSCI warning a 'short-term shock', Indonesia central bank chief reassures businesses

Global index provider MSCI's warning of a potential downgrade for Indonesia's stock market was a "short-term shock" and the country would recover, its central bank governor

October 29, 2026

Business|Economy|Environment|Science|Technology

China's record-breaking exports of clean tech are making a big dent in emissions, report says

China is exporting a record amount of clean energy technology and that is making a dent in global emissions

October 29, 2026

Arts|Economy|Finance

The strange math that shows how Trump got Venezuela to ‘gift’ oil to the United States

October 29, 2026

Business|Economy

Russia and US discussing sanctions relief for Moscow’s sovereign wealth fund, Kremlin aide says

October 29, 2026

Arts|Economy|Entertainment|Europe|Finance

Volkswagen posts $6.5 billion quarterly loss as China slump, Porsche writedown weigh on bottom line

Volkswagen has posted a $6.5 billion after-tax loss for the July-September quarter

October 29, 2026

Germany's Steinmeier says China must avoid one-sided benefits in economic ties

In its pursuit of economic self-sufficiency, China must not create one-sided dependence in other markets, Germany's President Frank-Walter Steinmeier urged in an

October 29, 2026

Arts|Business|Economy|Europe|Finance

Carlsberg holds profit guidance despite weak China sales

Danish brewer Carlsberg held its full-year profit guidance on Thursday after third-quarter sales matched expectations, though China remained a

October 29, 2026

Pluxee earnings beat expectations, but fiscal 2027 profit decline looms

French employee benefits company Pluxee on Thursday delivered earnings for the fiscal year 2026 above market expectations, but forecast a year-on-year profit

October 29, 2026

Brewers start to feel the costs of prolonged war in Iran

Top European brewers including Anheuser-Busch InBev warned this week that higher costs related to conflict in the Middle East were

October 29, 2026

Economy|Environment|Health|Interview

Taliban’s poppy ban falters as Afghan farmers say they can't feed their children

Carpets still hang on the walls of Mohammad Dawood’s home in a northern Afghanistan village,

October 29, 2026

Business|Economy|Finance

Japan bonds steady ahead of BOJ decision; strong auction lends support

Japanese government bonds (JGBs) were steady on Thursday, a day before the Bank of Japan's monetary policy decision, while strong demand at an auction of 2-year notes

October 29, 2026

Business|Economy|Finance|Stock Markets

In the AI alphabet, cash is king

A look at the day ahead in European and global markets from Wayne Cole.

October 29, 2026

Business|Economy|Travel|World

A US cruise ship suspends a global voyage in Asia due to fuel costs, stranding 200 passengers

A U.S. cruise ship on a three-year voyage has suspended its journey in Cambodia due to high fuel costs, forcing hundreds of passengers to disembark

October 28, 2026

Business|Economy|Finance|Technology

AI-related investment, consumers likely boosted US economic growth in third quarter

US economic growth likely accelerated in the third quarter as resilient consumer spending and AI-driven business investment more than offset the impact

October 29, 2026

Business|Economy|Finance|Technology

Hyundai Motor reports 5.5% rise in Q3 operating profit, beats forecasts

Hyundai Motor reported a 5.5% rise in third-quarter operating profit on Thursday, as favourable foreign exchange rates helped offset the

October 29, 2026

Bank of Korea board member says won moves faster than expected

A voting member on the Bank of Korea's board warned that the recent pace of the won's moves warranted close monitoring, signalling caution over the currency even as the

October 29, 2026

Economy

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