LA Post: Latest business news and finance headlines

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

Arts|Economy|Entertainment|Finance

Fed highlights economic strength but muddies outlook for Treasuries

The Federal Reserve kept interest rates steady on Wednesday as expected, but it was not able to comfort bond investors

October 29, 2026

Judge denies federal request to segregate California ballots, says it would 'wreak havoc' on voting

A federal judge has rejected a Trump administration request to stop California from processing the ballots of up to 20,000 people

October 28, 2026

Business|Economy|Finance|Science|Technology

Samsung keeps shattering profit records as AI boom lifts chip demand

Samsung Electronics has reported a record operating profit of $80.5 billion, driven by high demand for computer memory chips used in AI systems

October 29, 2026

Economy|Election|Political

How Trump's immigration crackdown sparked a backlash that could boomerang in the midterms

Donald Trump roared back into office two years ago partly on the power of immigration

October 29, 2026

Economy

Moscow, Pyongyang back network sending workers to Russian factories, report says

A Russian network of brokers sponsored by Pyongyang has taken North

October 29, 2026

Business|Economy|Finance|World

Hong Kong Monetary Authority leaves interest rates unchanged, tracking Fed move

The Hong Kong Monetary Authority left its base interest rate unchanged on Thursday at 4.25%, following the US Federal Reserve's decision to hold rates steady.

October 29, 2026

Arts|Economy|Europe|Finance|World

Vietnam sets 65% state ownership floor for major banks, to retain control of strategic groups

Vietnam has approved a plan to set the minimum state ownership level for state-run lenders at 65% by 2030, part of a broader programme to restructure state capital in major

October 29, 2026

Business|Economy|Technology

Samsung sees AI chip shortage worsening, keeps investors in suspense on returns

Samsung Electronics posted a 15-fold jump in quarterly chip profit on Thursday, powered by the AI boom, but its shares tumbled as investors

October 28, 2026

Economy|Environment|Science|Technology|World

The path of Cyclone Arnab went through India's plans for data centers and future growth

A cyclone that powered up over unusually warm ocean waters hit part of India’s coastline that’s dense with billions of dollars in plans for data centers

October 28, 2026

Business|Economy|Finance|Interview

New Zealand central bank governor says chances of December hike are 'high'

New Zealand central bank governor Anna Breman said on Thursday chances the bank will hike the official cash rate in December are "high".

October 28, 2026

Australia|Business|Economy|Finance

Australia's Star Entertainment accepts $183.6 million anti-money laundering penalty

Australia's Star Entertainment said on Thursday it would accept a court-imposed penalty of A$260 million ($183.6 million) for breaching anti-money laundering and counter-terrorism

October 28, 2026

Business|Economy|Finance|Technology

Microsoft's cloud growth, cash flow offer respite from AI spending fears

Microsoft on Wednesday forecast fiscal second-quarter cloud growth and overall sales that beat Wall Street estimates, sending

October 28, 2026

Judge says Trump bid to set aside California ballots would ‘wreak havoc’ on democracy

A US judge strongly rebuked the Trump administration on Wednesday by rejecting a request by the Justice Department to temporarily

October 28, 2026

Business|Economy|Finance

Sobering quarter for Jose Cuervo distiller as profit slumps

Mexico's Becle, the world's biggest tequila maker and owner of Jose Cuervo, reported a steep drop in third-quarter profit on Wednesday, missing market expectations as

October 28, 2026

Ford’s third-quarter core profit ticks higher despite rising commodity costs

Ford Motor’s third-quarter core profit increased slightly to $2.7 billion, as the Michigan automaker overcame production struggles with its

October 28, 2026

Business|Economy|Finance

Law firm that handled Lehman, Enron bankruptcies plans to wind down

October 28, 2026

Young boy rescued after falling into septic pipe

October 28, 2026

Rio Tinto doubles down in Argentina with new lithium plants

(Corrects production figure in paragraph 3 to clarify that output in Argentina is expected to reach 160,000 metric tons by 2028, not 200,000 metric tons) By Lucila Sigal SAN FERNANDO DEL VALLE DE

October 28, 2026

Business|Economy|Finance|Stock Markets|Technology

Trading Day: Fed pauses, Big Tech reports

Wall Street rose on Wednesday after the Federal Reserve kept interest rates on hold and as investors focused on key earnings reports.

October 28, 2026

Business|Economy|Finance

Fed's policy committee to weigh balance sheet issues early next year, Warsh says

By Michael S.

October 28, 2026

Arts|Economy|Finance

Fed's Warsh announces changes in how future FOMC meetings will go

By Michael S.

October 28, 2026

Global stocks hold gains after Fed decision, oil prices rise

Global stocks and major Wall Street indexes gained on Wednesday after the Federal Reserve held interest rates steady, as

October 28, 2026

Business|Economy|Finance|Stock Markets|Technology

Alphabet stock sinks as search woes cause revenue miss, cash burn worsens

Google parent Alphabet reported disappointing results in the core business of search advertising and a massive acceleration in cash burn as it poured

October 28, 2026

Arts|Business|Economy

FedEx margins decline as it pays more to hire truckers, shares fall

FedEx is paying more to hire extra truckers, a cost that weakened margins in its core US express delivery segment in the third quarter and is expected to hit even harder in the

October 28, 2026

Business|Economy|Science|Technology|World

Trump says imported robotics pose national security risks but does not impose tariffs

US President Donald Trump found on Wednesday that imported robotics and machinery pose national security risks but did not impose any immediate

October 28, 2026

Business|Economy|Finance|Food

Chipotle tops quarterly sales expectations as it continues to attract diners

Chipotle Mexican Grill reported better-than-expected comparable sales on Wednesday, as marketing efforts, limited-time menu offerings and

October 28, 2026

Inmate's escape is just the latest problem for Tennessee's troubled prison system

The weekend escape of a Tennessee inmate who was convicted of murdering a co-worker was just the latest black eye for the state’s troubled prison system, coming only weeks after the failed execution of Christa Pike

October 28, 2026

Business|Economy|Finance|Technology

FTC orders Walmart, Delta and others to share how they use personal data to set prices and pay

The U.S. Federal Trade Commission is ordering Delta Air Lines, Walmart and other companies to provide detailed information on how they use consumers’ data when they are setting prices

October 28, 2026

Suspects in alleged school shooting plot in Georgia had floor plan, had chosen a date, warrants say

Authorities say that the suspects in an alleged plot to carry out a shooting at a Georgia high school had a floor plan of the school and had chosen a date

October 28, 2026

Economy|Finance|Political|World

US sways more countries to oppose UN resolution condemning its Cuba embargo

The UN General Assembly overwhelmingly urged an end to the decades-long US economic embargo on Cuba on Wednesday, but a

October 28, 2026

Business|Economy|Travel

Cruise ship residents left stranded in Cambodia after fuel prices soar

Hundreds of people permanently living aboard a touring cruise ship were forced to disembark in Cambodia this week after the vessel's operator said fuel price increases from the Iran

October 28, 2026

Business|Economy|Europe|Technology

Meta delays indefinitely its rollout of new commercial terms after publishers' concerns

Meta announced on Wednesday that it was indefinitely delaying the rollout of its new commercial terms following concerns from publishers and digital advertisers, in a move

October 28, 2026

Economy|Science|Technology

Warsh to attend Fed jobs and productivity task force hearing to refine views

Federal Reserve Chair Kevin Warsh said that he plans to attend a November 16 field hearing of the central bank's productivity and jobs task force in the San Francisco

October 28, 2026

Business|Economy|Finance|Technology

Fed's Warsh says US economy not running too hot

Federal Reserve Chairman Kevin Warsh said on Wednesday that the US economy is not running too hot despite some demand pressures from the boom in AI investment, adding

October 28, 2026

Economy|Europe|Finance

Italy approves 2027 budget with tax hikes on banks and energy firms

Italy will raise taxes on banks, insurers, energy firms and the gaming industry to help finance its 2027 budget, ministers said after

October 28, 2026

CNN, MS NOW and Politico expand lawsuit against Trump White House, citing continued ‘viewpoint discrimination’

October 28, 2026

FOMC holds rates steady, markets rise modestly

The Federal Reserve held interest rates steady on Wednesday, awaiting further data on the path of inflation, and said it would reduce its policy-meeting schedule starting

October 28, 2026

Business|Economy|Finance|Stock Markets

Phillips 66 posts record quarterly profit on refining strength

Phillips 66 on Wednesday reported a record quarterly profit, topping Wall Street estimates, powered by higher refining margins on fuel supply disruptions due

October 28, 2026

Arts|Economy|Science|Technology

US FTC demands Walmart, Uber, Delta and others hand over data on personalized pricing

The US Federal Trade Commission is demanding information from Walmart, Uber and seven other companies on whether and how they use individuals' personal data such as

October 28, 2026

Economy

Fed leaves rates unchanged as it awaits 'accumulation of more information'

The Federal Reserve held interest rates steady on Wednesday, as expected, opting to delay any changes to borrowing costs until after

October 28, 2026

Business|Economy|Finance

Federal Reserve keeps rates unchanged despite elevated inflation

The Federal Reserve kept its key rate unchanged Wednesday at about 3.9% despite stubbornly high inflation, while providing little hint about its next moves

October 27, 2026

Business|Economy

Fed keeps interest rates unchanged, but two officials dissented in favor of a rate hike

October 28, 2026

Business|Crime|Economy|Technology

US consumer watchdog's information security 'not effective,' watchdog finds

The top US agency for consumer financial protection is not adequately protecting databases with large volumes of sensitive consumer and business

October 28, 2026

Economy|Political|World

UN condemns US economic embargo of Cuba though more nations sit out after Trump administration push

The U.N. General Assembly has condemned the U.S. economic embargo of Cuba for the 34th year

October 28, 2026

Economy|Europe

Canada, European Union officials drop 'associate member' from joint summit declaration

Canada and the European Union agreed to "ever closer association" but dropped the contentious idea of associate EU membership in a

October 28, 2026

Economy|Finance

In first budget, UK's Healey tries to shelter households from economic storms

UK finance minister John Healey offered help on Wednesday to households buffeted by "global economic storms", easing the hit from rising

October 27, 2026

Economy|Political|World

Putin woos African leaders, says Russia a better partner than 'colonial' West

President Vladimir Putin told African leaders on Wednesday that Russia was their best partner, accusing what he cast as a colonial West of still trying to exploit the

October 28, 2026

Business|Economy|Health|Science|Technology

US Health Secretary Kennedy opens access to some unapproved peptides

US Health Secretary Robert F.

October 28, 2026

Business|Economy

Airbus holds annual targets, bets on year-end delivery surge

Airbus maintained its full-year forecasts and production plans on Wednesday after reporting mixed third-quarter earnings,

October 28, 2026

Economy|Political|World

Mexico, US assess viability of trade deal before midterms

Mexican President Claudia Sheinbaum said on Wednesday that trade talks with the US were advancing as both sides assessed whether an agreement could be reached before

October 28, 2026

Business|Economy|Finance|Technology

AI giants' funding ambitions test Wall Street's appetite for risk

The heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificial intelligence buildout

October 28, 2026

Business|Economy|Technology

Apple shows pricey touchscreen laptops, a first for the iPhone maker

Apple CEO John Ternus unveiled the company's first touchscreen MacBooks on Wednesday, abandoning a long-held aversion to the technology as it caps a

October 28, 2026

Frontier swings to surprise profit on 'healthy balance' between higher fares and demand

Frontier Airlines has a healthy balance between ticket prices and passenger volume, its chief executive said on Wednesday, after the airline

October 28, 2026

Business|Economy|Finance

Wendy's gets $1.4 billion take-private offer from Peltz-led group

Billionaire Nelson Peltz and several partners on Wednesday offered to buy burger chain Wendy's for $1.4 billion, arguing that the

October 28, 2026

Economy

Hell will freeze over before Havana gives in to Trump. But regular Cubans don’t have that long

October 28, 2026

Iran war's cost to American taxpayers grows to an estimated $47.1 billion

The cost of the Iran war to American taxpayers has grown to an estimated $47.1 billion

October 28, 2026

Business|Economy|Finance|Political

UK seeks to give households 'breathing space' this winter over Iran war energy price spike

U_K_ Treasury chief John Healey has used his first budget statement to offer households and businesses support with their energy bills this winter in the face of what he termed “global economic storms.”

October 28, 2026

A ceasefire in a Ukrainian city is holding, officials say, as Moscow and Kyiv await US-led talks

Officials say that a six-day ceasefire in the Russian-occupied city of Oleshky in southern Ukraine has held for its first day and night

October 28, 2026

Business|Economy|Europe|Finance

Germany set for record trade deficit with Asia-Pacific in 2026, report says

Germany's trade deficit with Asia-Pacific is set to hit a record of nearly €146 billion ($163 billion) in 2026 as falling exports to China outweigh growing

October 28, 2026

Business|Economy|Finance|Technology

SAP swaps costly AI models for cheaper alternatives, targets over €2 billion in gains

SAP, whose software is used by many of the world's largest companies,

October 28, 2026

Business|Economy|Political|World

Canada reports limited progress in trade talks with US

There has been limited progress in trade talks with the United States to ease US tariffs on Canadian steel and autos, a Canadian

October 28, 2026

Economy|Finance

UK inflation forecast to average 3.4% in 2027, OBR says

British inflation is set to average 3.4% in 2027, the country's budget watchdog said on Wednesday following finance

October 28, 2026

Oil prices rise on Yemen fighting, Saudi refinery attack

Oil prices edged up about 1% on Wednesday on renewed concerns about additional energy supply disruptions in the Middle East due to continued fighting in

October 28, 2026

Business|Economy|Finance|Political

Bank of Canada raises key interest rate, says another hike possible

The Bank of Canada on Wednesday hiked its key policy rate for the first time in more than three years and said further increases

October 28, 2026

Arts|Business|Economy|Finance

US crude and distillate inventories fall, gasoline stocks rise, EIA says

US crude and distillate inventories fell due to higher demand, while gasoline stockpiles rose last week, the Energy Information

October 28, 2026

Business|Economy|Finance

What to expect from the Fed today

October 28, 2026

Economy|Environment|Science|World

In southern Chile, locals push to protect oceans that have been hurt by intensive salmon farming

The remote Guaitecas Archipelago has more than 40 small islands and is a gateway to Chile’s Patagonia region

October 28, 2026

Business|Economy|Environment|Food

Argentina sees EU soymeal opportunity as deforestation rules threaten Brazil trade

Brazil's soybean industry fears the European Union's new

October 28, 2026

Arts|Business|Economy|Entertainment|Finance

Walmart cuts holiday meal basket price to $3.50 per person

Retail giant Walmart on Wednesday unveiled its holiday meal basket price at $3.50 per person, the lowest since the retailer launched the program in 2022 at a time US shoppers are

October 28, 2026

Business|Economy|Finance

US goods trade deficit widens as AI-related demand pushes imports to record high

The US trade deficit in goods unexpectedly widened in September as imports surged to a record high, driven by strong demand for capital goods linked to

October 28, 2026

Business|Economy|Finance

EQT's acquisition of Range underscores race to dominate US natgas market

EQT's acquisition of rival producer Range Resources this week marks the latest consolidation in the natural gas industry, as producers are scrambling to lock in

October 28, 2026

Business|Economy

Bank of America plans new branches in Wisconsin, Alabama, New Orleans

Bank of America plans to open 19 branches in Wisconsin by 2030, creating 130 jobs, it said on Wednesday, and is on course to open 50 branches a year across the US.

October 28, 2026

Business|Economy|Finance

UK economic growth downgraded to 1% in 2027, Healey says in first budget

Britain's economy is forecast to grow by 1% next year, finance minister John Healey said on Wednesday, citing the latest projections from the Office for Budget

October 28, 2026

Iranians cut essentials and put dreams on hold as war-hit economy bites

Iranian families are cutting back on food, housing and education as the eight-month-old war with the United States fuels one of the country's worst inflation

October 28, 2026

Economy|Finance|Political

Healey says UK will have £15 billion of fiscal headroom at end of forecast period

Britain's government will have a smaller buffer to meet its fiscal targets by the end of the decade, finance minister John Healey said in his first budget speech on

October 28, 2026

Business|Economy|Political

UK's Healey raises business rates threshold for small firms

British finance minister John Healey said on Wednesday he would raise the threshold at which small companies start paying business rates.

October 28, 2026

Business|Economy|Finance|Technology

S&P 500, Nasdaq open higher as SK Hynix lifts chips; Fed in focus

The S&P 500 and the Nasdaq opened higher on Wednesday as memory-chip firms climbed after SK Hynix's bumper results, while investors looked to upcoming key corporate earnings as the

October 28, 2026

Business|Economy|Environment|Finance|World

World Bank sees commodity prices up 23% in 2026 due to Middle East war, other shocks

Global commodity prices are set to surge 23% in 2026, the World Bank said on Wednesday, citing rising energy prices and disruptions to cargo shipping

October 28, 2026

These are the four best used electric SUVs for under $25,000, according to Edmunds

The growing supply of used EVs has made electric SUVs more accessible to shoppers who don’t want to spend new-car money

October 28, 2026

Why over two-thirds of Americans say their country is in decline

A recent national survey reveals a US electorate that is unsettled, gloomy and likely looking for political change.

October 28, 2026

New restrictions on purchases with SNAP benefits in some states mean fewer convenience stores are accepting them

Stores in waiver states may need to update their checkout systems and train employees to prevent purchases that are no longer allowed with SNAP benefits – potentially a big burden for retailers.

October 28, 2026

Business|Economy|Health|Science

1 in 4 Pennsylvanians say they paid out of pocket for their annual checkup. Why isn’t insurance covering these preventive visits?

Billing errors, testing and questions about new symptoms can lead to unexpected bills, making some patients wary to go back for their next checkup.

October 28, 2026

Some states are stepping up after federal childcare cuts – and now offer lessons for the future

Improving both supply and quality of childcare has been the focus of several states trying to find solutions on their own.

October 28, 2026

Economy|Finance|Health

Plans with cheaper premiums are risky business for Americans seeking lower healthcare costs

Some options that might look like health insurance actually aren’t – and they may leave you stranded with large, unexpected medical expenses.

October 28, 2026

Business|Economy|Health|Science

US estrogen supply crunch widens as women seek alternatives to scarce patches

Women in the US struggling to find hormone replacement treatments to manage menopause symptoms are facing shortages beyond estrogen patches amid surging demand,

October 28, 2026

Business|Economy|Finance|Technology

EQT, Bain $5 billion Kakaku showdown heralds contested Japan buyout era

A battle between private equity firms EQT and Bain to acquire a $5 billion Japanese internet company illustrates how takeovers in Japan are

October 28, 2026

Business|Economy|Finance|Technology

Mercedes readies 2030 strategy update with China at its core

Mercedes-Benz is preparing a broader strategy update for 2030 and beyond, with China to remain a central pillar of its long-term plans, CEO Ola Källenius said, even

October 28, 2026

Business|Economy|Technology|World

South Korea media commission fines Google and Apple over app payment systems

South Korea's Media and Communications Commission has fined Google and Apple for limiting users to specific app payment systems and ordered corrective measures, the regulator

October 28, 2026

Business|Economy|Environment

US regulator proposes new rules to speed up LNG projects

A US regulator proposed new rules on Wednesday to hasten liquefied natural gas projects and expand export capacity as part of the Trump administration's larger push to

October 28, 2026

Business|Economy|Environment|Health|Technology

Meta and Snap face major US legal test of youth social media addiction claims

Two teenage plaintiffs who say social media caused them to develop serious mental health problems will take Meta Platforms and Snap to trial in Los Angeles on

October 28, 2026

Arts|Economy|Europe

As Iran war drags on, airlines pull back on fuel hedges and warn on fares

With jet fuel prices at roughly double their levels before the Iran war, airlines are growing increasingly

October 28, 2026

Business|Economy|Finance|Stock Markets|US

Robinhood shares fall as crypto markets chill drives profit miss

Robinhood's shares fell 8% in premarket trading on Wednesday after a prolonged chill in crypto markets dragged the trading platform's third-quarter profit below Wall Street

October 28, 2026

European banks beat profit forecasts, Brazil overshadows Santander

European banks went some way to easing investor concerns about slowing earnings momentum

October 28, 2026

Business|Economy|Finance|Technology

Information overload

Much of this week's busy event calendar gets packed into the next 24 hours.

October 28, 2026

Business|Economy|Finance|Technology|World

South Korea fines Google and Apple over unfair app market practices

South Korea on Wednesday fined Google and Apple a combined $47.6 million, saying they abused their dominance in app store markets by forcing local developers onto their own payment systems and by unfairly delaying app reviews

October 28, 2026

Business|Economy|Finance

Generic drugmaker Sandoz cuts sales outlook, shares fall

Swiss generic drugmaker Sandoz lowered its full-year sales growth guidance after short-term biosimilar-supply constraints weighed on third-quarter

October 28, 2026

Business|Economy|Technology

US rocket motor maker with Trump family ties valued at $1.4 billion

Donald Trump Jr.-backed defense startup Firehawk Defense was valued at more than $1.4 billion in a new financing round, it said on Wednesday, as private

October 28, 2026

Arts|Economy|Europe|MidEast|World

Policeman kills knife attacker outside Israeli embassy in Serbia

An attacker with two knives wounded a policeman guarding the Israeli embassy in Belgrade overnight, before the officer shot the assailant dead,

October 28, 2026

Crime|Economy|Europe

Hungary carries out dawn raids over COVID-era purchase of 17,000 ventilators

Hungary's tax authority has raided several locations and made arrests in an investigation into COVID-era medical mask and ventilator procurement by the Foreign Ministry.

October 28, 2026

Business|Economy|Finance

Fed officials not aligned on weight of financial conditions

By Michael S.

October 28, 2026

Arts|Business|Economy|Finance

Bank of Canada poised to hike key rate for first time in three years

The Bank of Canada is widely expected to increase its benchmark interest rate by 25 basis points to 2.5% on Wednesday, in a move seen by most economists

October 28, 2026

Economy

Fed likely to go into wait-and-see mode on rates

The Federal Reserve is expected to hold interest rates steady on Wednesday, less than a week ahead of critical US midterm elections centered on the cost of living, as

October 28, 2026

Arts|Economy|Finance|Technology|World

Basis trade retreat spurs shift into new rate bets

The slowdown in one of the US Treasury market's most scrutinized trades has driven investors to other corners of the rates

October 28, 2026

Economy|Technology

Nevada unions, politicians caught between AI job creation and destruction

On more than 100,000 acres of Nevada desert east of Reno, one of the world's largest concentrations of data centers is taking shape, providing years of work for thousands of

October 28, 2026

Arts|Economy|Education|Europe

'Nobody heard us' – why Gen Z are leading protests across Europe

Maya Gourdel, a 19-year-old student in Brussels, sits at a desk writing slogans

October 28, 2026

Business|Economy|Environment|Technology

Volkswagen's journey: Beetle maker's wartime roots to reinvention

From a single-model company rising from the ashes of World War Two, to a sprawling automotive empire with global reach, Volkswagen has undergone repeated

October 28, 2026

Arts|Business|Economy

Unilever flags price hikes as Iran war costs stack up

Unilever expects price rises to increase in the fourth quarter and next year, it said on Wednesday as it aligns with other consumer goods

October 28, 2026

Hegseth reassures Southeast Asia of US commitment, pledges stronger defence ties

US Defense Secretary Pete Hegseth sought to reassure Southeast Asian counterparts on Wednesday of Washington’s commitment to the

October 27, 2026

Business|Economy|Europe|Finance|Stock Markets

UBS lifts profit to $2.7 billion, speeds up buybacks despite capital concerns

UBS posted third-quarter net profit of $2.69 billion on Wednesday, roughly in line with expectations, and accelerated its share buyback programme despite

October 28, 2026

Asia|Business|Economy|Finance|World

Thai central bank keeps interest rate unchanged, as expected

Thailand's central bank kept its key interest rate unchanged for a fourth straight meeting on Wednesday, as widely expected.

October 28, 2026

China's old-age dependency ratio overtakes children for first time

HONG KONG, Oct 28 - China is now supporting more people aged 65 and above than children, underscoring the impact of its rapidly ageing population and a declining birth rate.

October 28, 2026

Arts|Business|Economy|Europe|Finance

BNP Paribas beats Q3 profit forecasts, unveils €1.3 billion share buyback

BNP Paribas posted a forecast-beating rise in third-quarter profit on Wednesday, helped by strong performance in its investment banking division, as the lender

October 28, 2026

Business|Economy|Europe|Finance|Stock Markets

StanChart shares soar after it hikes full-year targets and trounces profit estimates

Standard Chartered (StanChart) on Wednesday hiked its full-year growth and profitability targets after third-quarter income handily

October 28, 2026

US closes $5.1 billion loan to Alliant Energy for new gas power generation, energy storage

The US Department of Energy said on Wednesday it has closed a $5.1 billion loan package to Alliant Energy to expand power generation and bolster the

October 28, 2026

Business|Economy|Finance|World

RBNZ throws markets a curveball

A look at the day ahead in European and global markets from Rae Wee The shocker in Asia's trading day came from the Reserve Bank of New Zealand, which unexpectedly left rates on hold, sending the kiwi

October 28, 2026

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

October 28, 2026

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

October 27, 2026

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,

October 28, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 21, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 26, 2026

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

October 27, 2026

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

October 27, 2026

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,

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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.

October 27, 2026

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

October 27, 2026

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.

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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,

October 27, 2026

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

October 27, 2026

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

October 27, 2026

Business|Economy|Finance

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 26, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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.

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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’

October 27, 2026

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.

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 20, 2026

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-

October 27, 2026

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.

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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,

October 27, 2026

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

October 27, 2026

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?

October 27, 2026

Business|Economy|Technology

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026

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

October 26, 2026

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

October 27, 2026

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

October 27, 2026

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

October 27, 2026