Today: November 05, 2026
Today: November 05, 2026

Economy

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Trump's midterm drubbing could give trade partners room to resist

The drubbing for Donald Trump's Republicans in US midterm elections could embolden some trade partners to push back against his combative policies, although they may need to tread

Economy

Democratic sweep positive for US credit rating outlook, Scope Ratings says

The Democratic sweep of the US midterm elections is positive for the country's sovereign credit rating, Europe-based credit rating agency Scope Ratings said on Wednesday.

Arts|Business|Economy|Environment|Finance|MidEast|Science|Sports|World

JPMorgan, HSBC say oil supplies are recovering from Middle East disruption

The global oil market has moved back into surplus after months of disruption caused by US-Israeli war with Iran, JPMorgan said in a note on Wednesday, while HSBC raised its forecasts

Business|Economy|Finance

US private payrolls rise in October, ADP says

US private payrolls growth increased further in October, the ADP National Employment Report showed on Wednesday.

Business|Economy

US Treasury shifts language, opening door to auction size changes

The US Treasury Department on Wednesday altered its language regarding future auction sizes in a shift that analysts expect will

Business|Economy|Finance

Canada's trade surplus widens to more than four-year high in September

Canada posted a trade surplus of C$5.35 billion ($3.83 billion) in September, the highest since May 2022, data showed on Wednesday, helped by gold and

Arts|Business|Economy|Finance|Food|Lifestyle|World

McDonald's plans new value bundles next year after US traffic falls in third quarter

McDonald’s plans to introduce new value-oriented meal bundles early next year after a disappointing third quarter that saw lower traffic at U.S. restaurants

Economy|Political|World

International politicians react to Democrats winning US midterms

Governments and politicians around the world reacted to the Democrats winning the US midterm elections, a result that could have major implications for global trade, security and

Economy|Political

Iran's Khamenei says US hostility will persist regardless of party in power

Washington's hostility towards Tehran will not change through partisan shifts or any concessions to the US, and those who believe otherwise are “greatly mistaken”, Iran's

Business|Economy

Toronto home sales rise for first time in three months in October

Greater Toronto Area home sales rose for the first time in three months in October as lower selling prices offset the recent increase in borrowing costs to

Arts|Economy|Election|Europe|Science|Sports

Spain's Sanchez reshuffles cabinet after transport minister quits over train crashes

Spanish Prime Minister Pedro Sanchez said on Wednesday his deputy, Carlos Cuerpo, would provisionally run the Transport Ministry after

Business|Economy|Finance

Global central banks hit pause in October after September hiking spree

Global central banks largely hit the pause button in October after a round of rate hikes the previous month, though policymakers and

Business|Economy|Election|Finance

‘How did we get here?’: Inside a losing GOP campaign defined by Trump

‘How did we get here?’: Inside a losing GOP campaign defined by Trump

Business|Economy|Finance|Health

How CVS built a healthcare empire it now plans to split

CVS Health said on Wednesday it would split its retail pharmacy business from its insurance and pharmacy benefit operations, unwinding years of expansion that turned the drugstore

Economy|Finance|Technology

Tangled up in blue

US Democrats' historic sweep of both houses of Congress on Tuesday was well telegraphed

Business|Economy|Health

Novo hikes outlook again as it speeds up Wegovy pill rollout

Obesity drugmaker Novo Nordisk raised its 2026 outlook for the third time this year on Wednesday as quarterly sales

Asia|Business|Economy|Travel

Stranded cruise ship Odyssey leaves Cambodia with no passengers

A U.S. cruise ship that suspended its operations in Cambodia has left with only crew aboard, according to Cambodian officials

Economy|Stock Markets|Technology

European shares jump over 1% after Democrats sweep US Congress, Novo Nordisk surges

The European equity benchmark closed at a more than two-month high on Wednesday in broad-based gains after Democrats won control of both chambers of

Arts|Business|Economy|Europe

BMW takes second profit warning in stride as it ramps up cuts

Premium automaker BMW got a boost to shares on Wednesday despite slashing its financial targets for a second time this year and reporting a quarterly profit

Business|Economy|Finance

Spanish services growth cools, still above trend, PMI shows

Spain's services sector saw strong growth in October, though the expansion was slower than in each of the previous three months as new business growth cooled and export sales fell, a

Arts|Business|Economy

Italy services growth accelerates but cost pressures intensify, PMI shows

Italy's service sector growth accelerated in October, a survey showed on Wednesday, but cost pressures intensified further, driven by turmoil in the Middle East.

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James Talarico becomes first Democrat to win statewide in Texas since 1994

By Nolan D.

Business|Economy|Finance

French services sector contracts in October at fastest pace since May, PMI shows

France's services sector contracted in October at its fastest pace since May, as protests in the euro zone's second-biggest economy contributed to a drop-off in domestic demand, a

Business|Economy|Europe

Germany services growth slows in October as demand slips, PMI shows

Germany's services sector expanded for a second straight month in October, but at a slower pace as new business fell and weaker demand weighed on hiring, a business survey

Business|Economy|Europe|Finance

Euro zone economic growth slows to four-month low in October, PMI shows

The euro zone's economic expansion slowed sharply but did remain resilient in October as demand — a key gauge of underlying momentum — came close to stalling while rising

Economy|Political|World

Colombia's congress passes bill replacing former president's 'total peace' approach

Colombia's Congress toughened the terms offered to members of illegal armed groups who hand themselves in by passing a bill proposed by President Abelardo De La Espriella

Business|Economy|Europe|Finance

Euro zone wage growth to rebound slightly next year, ECB says

Wage growth in the euro zone is likely to rebound slightly in the first nine months of next year based on the latest pay deals, the European Central Bank said on Wednesday

Africa|Economy|Political|US|World

South Africa says US midterm results usher in new era

South African President Cyril Ramaphosa said on Wednesday that the results from midterm elections in the United States would usher in a new era in world relations,

Business|Economy

UK services growth hits 8-month high in October, PMI shows

British services companies last month reported the strongest growth since the start of the US-Iran conflict in February, helped by rising orders and employment, but they also noted

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

AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge

(Corrects paragraph 7 to show warrants issued to both companies, and not just OpenAI, carry share price thresholds) By Max A.

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It's too early to call the outcome of California's proposal to tax billionaires

A California measure to tax the net worth of billionaires was too early to call Wednesday morning as the vote tally continued

Americas|Business|Crime|Economy|Finance|Health|Lifestyle|Political

Democrat Troy Jackson ousts Republican Senator Susan Collins in Maine

Maine Republican Senator Susan Collins conceded to Democrat Troy Jackson on Tuesday, scoring a major pickup for Democrats in one of the midterms’ most competitive

Business|Economy|Finance

BMW reports lower Q3 earnings as restructuring spells more pain towards end of year

BMW's pre-tax earnings fell in line with expectations in the third quarter with hefty restructuring charges looming towards the end of the year, forcing another cut to its

Business|Economy|Election|Stock Markets|Technology

Market analysts react to Democratic sweep in US midterms

Democrats swept to majorities in both the US Senate and House in midterm elections on

Business|Economy|Finance

Smith+Nephew cuts outlook after failed orthopaedics deal talks with J&J

Smith+Nephew cut its full-year revenue and profit forecast on Wednesday as the British medical device maker also confirmed that talks about a potential merger with Johnson &

Business|Economy|Europe|Fashion and Beauty

Jeweller Pandora slightly raises outlook and speeds up launches

Jewellery maker Pandora edged higher its near-term revenue and profitability targets on Wednesday, saying it expected a boost in demand

Business|Economy|Election|Finance|Stock Markets

Investors poised for US gridlock as Democrats projected to win control of House

(Corrects company name to State Street Investment Management from State Street Global Advisors in 7th paragraph) By Lewis Krauskopf, Suzanne McGee and Gregor Stuart Hunter NEW YORK/SINGAPORE, Nov 3 (

Economy|Election|Political|US

‘Epic’ blue wave helps Democrats take Congress in overwhelming rebuke to President Trump

Election Day turned into a massive rebuke of President Donald Trump: a blue wave not seen in 20 years that was built on transforming the economy and rising prices into a central line of attack.

Business|Economy

India services growth hits 4-month high as domestic demand improves, PMI shows

India's dominant services sector expanded at its quickest pace in four months in October as improved domestic demand boosted new business, although hiring turned subdued

Business|Economy|Technology

Toyota second-quarter profit seen climbing 18%, first increase in six quarters

Toyota is forecast to report its first increase in operating income in six quarters on Thursday, as a weaker yen and robust demand for its more profitable

Business|Economy|Finance|Stock Markets|US

Markets fret blue wave will drown data centres

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

Asia|Business|Economy|Travel

Cruise ship leaves Cambodia after forcing hundreds of passengers off

After disembarking more than 200 passengers who had paid tens of thousands of dollars to live on board for years, the Villa Vie Odyssey

Economy|Finance|Stock Markets|US

Rupee ends a tad higher as dollar slips after US midterms

The Indian rupee ended modestly higher on Wednesday, aided by a weaker dollar and lower oil prices as investors assessed the impact of US midterm election

Business|Economy|Finance

Estee Lauder sets 2030 growth, margin targets as turnaround advances

Estee Lauder said on Wednesday it aims to lift its adjusted operating margin by as much as 5.6 percentage points over the next three years, as the cosmetics maker builds on progress

Arts|Business|Economy|Food

Lindt investors seek board shake-up at chocolate maker after CEO ouster

Influential investors in Swiss chocolate maker Lindt & Spruengli are calling for sweeping boardroom changes at the maker of Lindor truffles

Business|Economy|Technology

Oracle abandons $7 billion Tencent AI deal under Trump pressure, FT reports

Oracle has canceled a multibillion-dollar chip leasing contract with Tencent after bowing to pressure from the Trump administration, the Financial Times reported on Wednesday.

Business|Economy|Finance|Technology

Former elementary school teacher becomes newest paper billionaire in China

Former elementary school teacher becomes newest paper billionaire in China

Americas|Arts|Asia|Business|Economy|Election|Entertainment|Europe|Finance|Lifestyle|MidEast|World

Trump’s personal push of Darline Graham in South Carolina comes back to bite his party

Trump’s personal push of Darline Graham in South Carolina comes back to bite his party

Business|Economy|Finance

UAE non-oil firms raise prices at record pace in October, PMI shows

The United Arab Emirates' non-oil private sector expanded strongly in October as new orders accelerated and firms passed on surging costs at a record pace, a business survey

Business|Economy|Finance

China's services growth slows to three-month low as confidence weakens

China's services activity in October expanded at its slowest pace since July, with business confidence easing as firms grappled with fierce competition and rising costs, a

Arts|Economy|Election|Environment|Health|Interview|Lifestyle

What Americans are saying about how they voted in the midterm elections

As Americans cast ballots in midterm elections that will decide control of Congress, voters told Reuters they were motivated by issues ranging from the cost of living to

Business|Economy|Finance|Science|Technology

Japan fund JIC plans to sell JSR to Mitsui Chemicals, sources say

Japan Investment ‌Corp (JIC), a state-backed fund, plans to sell chipmaking materials maker JSR to Mitsui Chemicals in a deal that could exceed

Arts|Business|Economy|Election|Finance|Lifestyle

What motivated voters in the 2026 midterm elections, according to The AP Voter Poll

The AP Voter Poll suggests that President Donald Trump's 2024 coalition may be faltering in this year's midterms, with young voters and Hispanic voters appearing to move away from the GOP

Americas|Asia|Business|Economy|Europe|Sports|Technology

Tesla misled South Korean customers about automated-driving tech, consumer group alleges

Tesla has misled tens of thousands of South Korean customers by marketing driver-assistance software that the company knows cannot be legally used

Business|Economy

Suncor Energy tops profit estimates on higher oil prices, margins

Canada's integrated oil and gas producer Suncor Energy surpassed analysts' expectations for third-quarter profit on Tuesday, as higher oil prices and strength in refinery margins

Business|Economy|Health|Science

AbbVie expands Oxford R&D facility as part of £120 million-plus investment

AbbVie has expanded its UK research and development facility in Oxford as part of a more than £120 million ($161 million) investment, the US drugmaker said on Wednesday.

Business|Economy|Finance

Australia September household spending rises 0.6%

Australian household spending bounced in September as higher petrol prices ate more of people's budgets, data showed on Wednesday, while air travel got a boost from major

Business|Economy|Environment|Health|Science|Technology

3M commits $7.35 billion to settle 'forever chemicals'-related claims

Industrial conglomerate 3M said on Tuesday it would commit nearly $7.35 billion over nine years to settle PFAS "forever chemicals"-related personal injury claims.

Economy|Finance

Paraguay's central bank chief resigns at president's request as digital lender crisis deepens

Paraguay's central bank head submitted his resignation on Tuesday at President Santiago Peña's request, as authorities launched resolution proceedings

Business|Economy|Finance|Stock Markets

Trading Day: AI trade rebounds, midterms awaited

A solid rebound in heavyweight tech stocks lifted the S&P 500 and Nasdaq on Tuesday, as investors digested some surprisingly strong US economic

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

Meta raises $15 billion in five-part US bond sale to fund AI expansion

Meta Platforms said on Tuesday it is raising $15 billion through a five-part US dollar bond offering, as the Facebook parent turns to debt markets to help finance accelerating

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Man charged with mailing hundreds of letters containing powder to officials ahead of the election

Federal authorities charged an Oklahoma man with sending hundreds of letters containing white powder to public officials

Business|Economy|Finance|Science|Technology

Ambani's Jio explores tech-for-equity talks with Comcast and Charter, sources say

Indian billionaire Mukesh Ambani's Jio Platforms has held talks with several companies including Comcast and Charter

Arts|Asia|Business|Economy|Environment|Europe|Finance|MidEast|Stock Markets|US

BMW cuts automotive outlook for second time as restructuring deepens

BMW cut the profit margin outlook for its core automotive business on Tuesday for the second time in five months, citing one-off costs from accelerating job cuts and restructuring it

Business|Economy|Political|World

Brazil, Venezuela foreign ministers discuss trade, Amazon cooperation

Brazilian Foreign Minister Mauro Vieira and his Venezuelan counterpart, Oliver Blanco, met on Tuesday in Madrid on the sidelines of the 30th Ibero-American Summit,

Business|Economy|Election|Finance

Stocks wobble as investors watch US midterm elections

Global equity markets wobbled on Tuesday with investors eyeing the outcome of the US midterm elections, while oil prices continued their descent amid

Business|Economy|Technology

Block raises full-year profit outlook as Cash App drives Q3 growth

Jack Dorsey-led Block raised

Business|Economy|Travel

LATAM Airlines trims earnings outlook as fuel costs bite

LATAM Airlines cut its core earnings outlook for this year on Tuesday as soaring fuel prices squeezed margins, though it raised projected revenues after strong travel demand lifted

Business|Economy|Finance|Stock Markets|Technology

Super Micro forecasts quarterly revenue above estimates on strong AI server demand

Super Micro Computer forecast second-quarter revenue above Wall Street estimates on Tuesday as strong demand for its AI-optimized servers boosted sales,

Business|Economy|Finance

AIG beats profit estimates on premium growth, investment income

Insurance giant AIG swept past analysts' estimates for third-quarter profit on Tuesday, as higher investment income and premium growth helped offset a jump in catastrophe losses.

Business|Economy|Travel

Booking Holdings takes $1 billion hit to third-quarter results linked to FTC action

Booking Holdings said on Tuesday it recorded a $900 million reduction in revenue and accrued a loss of $100 million related to an FTC

Business|Economy|Technology

SK Hynix's New York chip plans hit snag over US restrictions on China, sources say

US officials have held up approval for American chipmaking equipment needed by SK Hynix to expand production in China, complicating the South Korean chipmaker's

Business|Economy|Stock Markets|Technology

Nvidia and other Big Tech stocks lift the US market despite drops for Apple and much of Wall Street

A rebound for some influential Big Tech stocks helped lift the U.S. market despite a drop for Apple and mixed trading elsewhere on Wall Street

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Justice Department sends criminal target letters in Alaska probe to people aligned with Democratic party

Justice Department sends criminal target letters in Alaska probe to people aligned with Democratic party

Business|Economy|Sports

Major League Baseball proposes delaying salary cap start until 2028 in talks with players

Major League Baseball has proposed delaying the start of a salary cap until 2028

Economy|Political

Haiti's prime minister Fils-Aimé speaks out as concerns over El Salvador's troops deepen

Haiti’s leader has spoken publicly for the first time since four Salvadoran aviation technicians went missing, prompting El Salvador to deploy more than 2,000 troops to the troubled Caribbean country as scrutiny over their operations intensifies

Business|Economy|Finance|MidEast

Gulf oil flows dip in October from post-Iran war high, data shows

By Ahmad Ghaddar LONDON, Nov 3 - Gulf oil exports dipped in October from September's levels, which were the highest since the Iran war started, data from two ship-tracking companies showed, although

Economy|Europe

Bundesbank's Nagel joins ECB chorus backing December rate hike

Another European Central Bank rate hike in December seems almost inevitable, Bundesbank President Joachim Nagel said on Tuesday, joining an already long list of

Arts|Business|Economy|Europe|Food|MidEast|US

US lawmakers, in letter, question McDonald’s CEO about algorithmic pricing practices

By Waylon Cunningham Nov 3 - US Senator Elizabeth Warren and four other lawmakers questioned McDonald's use of algorithmic pricing tools in a letter to CEO Chris Kempczinski, which the lawmakers

Business|Economy|Finance|Technology

Nasdaq ends higher as AI heavyweights rebound ahead of midterm results

The Nasdaq ended higher on Tuesday as AI heavyweights rebounded ahead of US midterm election results, while Apple fell after the iPhone maker joined the list of Big

Arts|Business|Economy|Environment

New Jersey governor warns ports against accepting Russian diesel

New Jersey Governor Mikie Sherrill warned local port officials and terminal operators against accepting Russian diesel, saying those shipments break federal law. 

Arts|Economy

US strikes in the Strait of Hormuz create more questions about what’s ahead

Many in the Middle East remain on edge after the United States carried out limited strikes on Iranian targets just hours before Tuesday’s midterm elections in the U.S. The strikes in the Strait of Hormuz are raising more questions about what’s coming next

Arts|Business|Crime|Economy|Education|Entertainment|Environment|Food|Health|Interview|Lifestyle|Opinion|Political|Sports

Mother calls for change after second person falls through gap between two Kansas City, Kansas, roads

Mother calls for change after second person falls through gap between two Kansas City, Kansas, roads

Arts|Business|Economy|Technology|World

US factory orders beat expectations in September amid broad strength

New orders for US factory goods increased more than expected in September, boosted by bookings for aircraft and a range of other goods, government data showed on Tuesday.

Business|Economy|Finance

Mexico analysts slightly lift inflation, growth forecasts

Private sector analysts polled by Mexico's central bank edged up their expectations for headline inflation this year and 2027, while also nudging up their economic

Economy|Finance|Political

Bank of Canada head says fiscal policy not hitting fight against inflation

The Canadian government's current fiscal policy is not making it harder for the Bank of Canada to fight inflation, Governor Tiff Macklem told the House of Commons finance

Arts|Economy|Environment

Berkshire-owned utility urges Oregon top court against 'mammoth' wildfire class action

The Oregon Supreme Court on Tuesday struggled with whether to revive a jury verdict that could expose Berkshire Hathaway's PacifiCorp utility to tens of billions

Arts|Business|Economy|Europe|MidEast|World

US billionaire leads swap plan to buy Lukoil's overseas assets, sources say 

A consortium led by US billionaire Todd Boehly is preparing a securities swap to acquire sanctioned Russian oil major

Economy|Finance

Brazil's Lula not weighing proposal to slash interest rates, minister says

Brazil's re-elected President Luiz Inacio Lula da Silva is not considering a proposal from an influential economist to slash benchmark interest rates as a

Economy

King Charles says he is determined to build a better future after shame of slavery

King Charles told Commonwealth leaders on Tuesday his greater understanding of the horrors of slavery had made him more determined

Business|Economy|Finance

Marathon profit beats estimates on soaring margins; strikes $4.2 billion refinery deal with CVR

Marathon Petroleum beat Wall Street estimates for third-quarter profit on Tuesday on strong refining utilization and elevated margins, buoyed by fuel supply disruptions due

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

European supermarket fridges got hacked. Again. Here's what to know

Mysterious cyberattacks on European supermarket fridges have officials scrambling to understand what happened

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

Russia trying to foment 'instability' in Poland, PM Tusk says

Polish Prime Minister Donald Tusk accused Russia on Tuesday of seeking to fuel "instability" in Poland by meddling in a dispute between his government and the president over the

Business|Economy|Finance|Technology

Betting on US midterms brings rush, stress as serious money goes on the line 

(Corrects description of Poser's book to note it is partly about prediction markets, and his trading model to drop reference to Wall Street career, both in fourth paragraph) By Suzanne McGee, Douglas

Economy|Finance|Stock Markets

S&P 500, Nasdaq open higher as oil prices extend declines, midterms on tap

The S&P 500 and the Nasdaq opened higher on Tuesday as crude oil prices fell further heading into the US midterm elections, while Apple joined the list of Big Tech companies whose

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Stock Markets|Technology|Travel|US|Videos|World

Spain's transport minister resigns over deadly train crash

Spain's transport minister, Oscar Puente, announced his resignation on Tuesday over last week's deadly train crash, the country's

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

Nine things on US voters' minds ahead of midterm elections, according to Reuters/Ipsos poll

The rising cost of living will be top of mind for Americans as they head to the polls in Tuesday's midterm elections which will determine control of

Arts|Business|Economy|Europe|World

Paraguay seizes major digital bank tied to president, leaving millions of customers in limbo

Paraguay’s central bank has seized Ueno Bank, a major digital lender with close ties to President Santiago Peña, fueling a political crisis and threatening the country’s reputation among investors

Economy

Trump says US close to trade deal with Canada, Carney says work remains

President Donald Trump said on Tuesday the United States was close to making a trade deal with Canada, but Canadian Prime Minister Mark Carney said work remained to be

Business|Economy|Finance|Health|Science

Pfizer raises 2026 forecasts as Eliquis, cancer drugs drive third-quarter results

Pfizer raised its full-year profit and revenue forecasts on Tuesday as strong demand for its recently acquired cancer drug Padcev and blockbuster

Economy|Environment|Science

Lightning strike ignites buried waste, starting monthslong underground fire in Pittsburgh

Lightning strike ignites buried waste, starting monthslong underground fire in Pittsburgh

Arts|Business|Economy|Finance

Fiserv cuts 3,000 employees and contractor jobs under new CEO

Fiserv has cut its employee and contractor base by 3,000 since June, including a reduction of senior management by more than 10%, CEO Takis Georgakopoulo said on an earnings call on

Africa|Arts|Business|Economy|Entertainment|Environment|Lifestyle|Science|Uncategorized

South Africa braces for some job losses as US trade benefits end

South African exporters are weighing potential job losses and squeezed margins after Washington moved to end the country's duty-free access to the US

Business|Economy|Finance

Apollo assets reach $1.07 trillion on alternative investment demand

Apollo Global Management reported $53 billion in third-quarter inflows on Tuesday, pushing its assets under management to $1.07 trillion, as demand for private

Business|Economy|Finance|Technology

Global financial markets were already fragile. Big AI bets could break them 

Financial markets are struggling under the weight of wars, soaring sovereign debt and trade tensions, with signs of trouble showing

Business|Economy|Finance

Midterms and mediation

Energy markets were blindsided overnight by reports of US military strikes on Iran, cutting across multiple reports on Monday of peace talk mediation that had sent

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

Apple shares slide as Ternus sounds alarm on memory costs

Apple shares tumbled about 4% on Tuesday as its first results under new CEO John Ternus showed that rising memory chip costs were denting

Business|Economy|Finance|Stock Markets|US

ADM beats quarterly estimates, lifts annual profit forecast on stronger processing margins

Archer-Daniels-Midland beat third-quarter earnings estimates and raised its full-year adjusted profit forecast for a third straight quarter on Tuesday,

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Finance|Food|Interview|Lifestyle|MidEast|Opinion|Political|Science|Stock Markets|Technology|Travel|US|Videos|World

China military vice chair meets Russian defence minister in Beijing

Beijing wants to work with Moscow to bolster strategic communication and mutual trust in the military field, China's top general told Russia's Defence Minister Andrei

Business|Economy|Finance|Sports

Keurig Dr Pepper flags slower fourth-quarter coffee profits as shoppers trade down

Keurig Dr Pepper said on Tuesday it expects slower US coffee profit growth in the fourth quarter on cautious

Business|Economy|Health|Science|Technology

Lonza buys 5 sites from Germany's Merck to more than double US footprint

Contract drug manufacturer Lonza said on Tuesday it would buy five US manufacturing sites from Merck KGaA, more than doubling its footprint in

Business|Economy|Finance

DuPont raises annual profit forecasts, sees upbeat Q4 on healthcare, aerospace strength

DuPont lifted its full-year profit forecasts on Tuesday and projected current-quarter earnings above Wall Street estimates after a third-quarter performance boost from

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Indian navy rescues 20 crew from Iranian fishing boat hijacked off Somalia

Indian naval forces have freed an Iranian fishing boat and its crew of 20 hijacked off Somalia

Economy|Environment|Science

US wildfire damage is on pace to triple by mid-century, but there are affordable ways to lower the risk

Dry land and little snow helped fuel a destructive 2026 fire season. New research shows active fire seasons are becoming the norm, and communities need to prepare.

Economy

Russian drone attacks turn the Black Sea into the world’s deadliest waterway

Russian drone attacks turn the Black Sea into the world’s deadliest waterway

Business|Economy|Finance|Stock Markets

Bottler Coca-Cola Europacific Partners flags cost pressures, keeps outlook

(This Nov 3 story has been republished to remove an incorrect image, with no changes to text.)

Business|Economy|Finance

Brazil’s post-election market shock clouds path to cheaper credit​

Brazil’s market rout following the reelection of Luiz Inacio Lula da Silva has clouded the prospect of cheaper credit, leaving

Asia|Economy|World

China foreign minister meets Southeast Asian officials amid relations push

Chinese Foreign Minister Wang Yi met separately with officials from Thailand, Laos and Myanmar on Tuesday, as the world's second largest economy moves to expand relations

Arts|Asia|Business|Economy|Europe|Finance|MidEast|Stock Markets|US

European stocks slip as Middle East uncertainty makes for caution

Europe's benchmark equities index slipped on Tuesday, as doubts over a potential Middle East peace deal kept markets on edge ahead of the US midterm

Asia|Business|Economy|Political|World

South Korea, Turkey to cooperate in nuclear, defence, infrastructure

South Korean President Lee Jae Myung and Turkish President Tayyip Erdogan agreed at a summit on Tuesday to expand cooperation in nuclear energy and defence, including on one

Business|Economy|Finance|Science|Technology

Musk’s pay under a SpaceX-Tesla merger: voting control, but no $1 trillion payday​

Elon Musk’s recent super-sized pay packages at SpaceX and Tesla were centered on some eye-popping goals: creating a 1 million-person human colony on Mars, putting a

Business|Economy|Finance|MidEast|Science|Stock Markets

Higher oil prices boost Saudi Aramco profits despite disruption from attacks

Saudi Aramco is reporting a 35% increase in third-quarter net profit, boosted by higher oil prices and the sale of a stake in a Malaysian company

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Binance co-CEO says company is in very strong financial health after $6.3 billion heist

Binance co-CEO Richard Teng said on Tuesday the exchange is in "very strong financial health" and that a "post-mortem" of

Asia|Business|Economy|Finance

Hong Kong Q3 GDP expands by 5.2% year-on-year, outlook positive

Hong Kong's economy expanded by 5.2% in the third quarter from a year earlier, official advance estimates showed on Tuesday, the 15th consecutive quarter of growth

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'Fuel of the poor' LPG soars in Pakistan, forcing rickshaw drivers to cut meals

For 13 years, Rashid Ali has driven a three-wheeled motorised rickshaw around Lahore in eastern Pakistan. 

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How NATO states on the Black Sea are being drawn into Ukraine war escalation

Attacks on cargo vessels off the coast of NATO members Romania and Bulgaria have surged in recent weeks, the latest fallout from the escalating fighting between Russia and Ukraine in

Economy|Environment|Food

From grains to chicken and milk, India faces prolonged food inflation

Indian farmer Amarsingh Gushinge wants to sow wheat and chickpeas in coming weeks to capitalise on attractive prices, but

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For many Russians, higher utility bills are latest inflation shock

In the Russian capital Moscow, history teacher Polina Ibragimova was shocked when a utility bill arrived that amounted to more than half her monthly pay.

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China regulator tells banks to pause IPOs, FT reports

China's securities regulator has told investment banks to pause initial public offerings and has suspended large share sales by existing shareholders until markets recover, The

Arts|Business|Economy|Environment

Rain clears but flood risk remains high after destructive storms swamp normally arid US Southwest

Rain is clearing but the risk of flooding remains high in storm-weary parts of the Southwest

Arts|Economy|Education|Health|Science|Technology

Australia's highest court hears challenges to social media ban for children

Australia's highest court is hearing challenges to a law banning children younger than 16 from social media

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Suspected militants open fire and kill 2 police officers guarding polio workers in Pakistan

Suspected militants have shot and killed two police officers protecting polio workers during a vaccination campaign in northwestern Pakistan

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AI-related debt binge may pressure European bond markets

Europe's bond markets face a fresh headwind as US technology companies increasingly tap European investors to finance AI spending, boosting

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Singapore will push for stronger action against transboundary haze as ASEAN chair in 2027, says minister

Singapore will work with ASEAN member states to strengthen the implementation of an agreement on transboundary haze when it chairs the regional bloc next year, the

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Australia's central bank lifts rates to 18-year high, split vote points to pause ahead

Australia's central bank raised its cash rate to an 18-year high on Tuesday in its fifth hike of the year, though a surprisingly narrow 6-3 vote

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Japanese, Korean, Taiwanese firms' US investment set to keep climbing: Citi

Investments by some companies from Asian economies in the United States are set to keep climbing amid a global supply-chain shake-up, Citi's international

Economy|Finance|Technology

AI investment is becoming overly concentrated, Chinese official says

Global investment in artificial intelligence is "overly concentrated" and crowding out traditional industries by raising borrowing costs, a top official at China's

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Binance to reopen withdrawals for more assets on several networks

Binance said on Monday it will reopen withdrawals for more assets on networks, including BSC, ETH, SOL, XRP and SUI.

Economy|Environment

Dozens of Commonwealth leaders descend on Antigua at time of global political turbulence

Leaders representing nearly a third of the world’s population are meeting on the tiny Caribbean island of Antigua this week to strengthen ties at a time of global political upheaval

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Anthropic plans Australian share offer in IPO, CommSec says

AI giant Anthropic, which filed for a US IPO last week, is expected to include an Australian retail share offer in its prospectus to be filed with the country's corporate regulator,

Economy|Finance

China to raise FX reserve requirement to slow yuan's rally

China is raising the amount of foreign currency that financial institutions must hold as reserves, in one of the strongest moves to slow the pace of a long rally in the yuan

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Oracle taps investors for $20 billion to finance AI expansion

Oracle on Monday said it will raise $20 billion through bond and share sales, as the software giant taps investors to fund its costly AI and cloud infrastructure build-out. 

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AustralianSuper digs down on AI 'picks and shovels' to ride out global AI upheaval

Australia's largest pension fund, the A$430 billion ($301.7 billion) AustralianSuper, said it will stick to the "picks and shovels" of the AI industry as it

Economy|Political|World

Rubio speaks to Venezuelan minister about reforms that lay groundwork for elections

US Secretary of State Marco Rubio spoke with his Venezuelan counterpart on Monday about reforms that lay the groundwork for future free and fair

Business|Economy|Technology

Singapore's Grab lifts 2026 forecasts on strong ride-hailing, delivery demand

Singapore's Grab lifted its annual forecasts on Tuesday, helped by steady growth in its ride-hailing unit, while demand for its delivery services benefited

Business|Economy|Environment

Automakers back Trump administration's rollback of US fuel economy rules

A group representing General Motors, Toyota, Volkswagen and other major automakers on Monday backed the Trump administration in a legal challenge to

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US to mediate trilateral talks with Ukraine, Russia in Abu Dhabi next week, US envoy says

The United States will bring together delegations from Ukraine and Russia in Abu Dhabi on November 10-11 to discuss ending Moscow's war against Ukraine,

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Palantir forecasts strong quarterly revenue on AI demand

Palantir Technologies forecast revenue above estimates for the last three months of the year after topping third-quarter expectations, banking on sustained demand

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US Supreme Court rejects Trump, lets California count all ballots

Acting on the eve of the US midterm elections, the Supreme Court quickly rejected on Monday a bid by President Donald Trump's administration to temporarily block

Business|Economy

South Korea October headline inflation moderates ahead of expected rate hike

South Korea's headline inflation slowed in October, government data showed on Tuesday, providing a slight reprieve for central bankers but remaining firmly above target.

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Parts of a Learjet may have broken off midair before Florida crash that killed 9, investigators say

Parts of a business jet likely started to break off before the aircraft crashed in South Florida, killing nine people

Africa|Economy

US to suspend South Africa and Rwanda from duty-free trade access

US Trade Representative Jamieson Greer said on Monday that Washington will suspend South Africa and Rwanda from its flagship duty-free trade program for sub-Saharan

Economy|Political|US|World

Trump raises doubts about renewed attacks on Iran

US President Donald Trump raised doubts on Monday about whether he would follow through on a threatened resumption of military strikes against Iran and

Business|Economy|Travel

Delta CEO says Heathrow plan to relocate airline's operations is 'deeply disappointing'

Delta Air Lines CEO Ed Bastian said on Monday that Heathrow Airport's decision to move the US carrier's operations to Terminal 4 from a terminal shared with Virgin Atlantic was "

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Anthropic revenue growth slows, compute financing risks mount ahead of IPO

Anthropic's revenue growth slowed sharply in the third quarter and the AI startup flagged new risks to the computing capacity underpinning

Business|Economy|Finance

Trading Day: Oil slump no cure for AI angst 

Oil prices tumbled on Monday on hopes that US-Iran peace talks could soon take place, which pushed bond yields around the world lower.

Business|Economy|Finance

Business loan demand softened last quarter, Fed survey shows

Business demand for bank loans weakened last quarter for the first time in more than a year, a Federal Reserve survey showed on Monday, though banks said some borrowers

Africa|Economy

Trump administration will cut South Africa and Rwanda from the AGOA trade program

U.S. President Donald Trump will cut South Africa and Rwanda from the AGOA trade agreement at the end of the year as punishment for not meeting certain criteria

Economy|Finance

US Treasury cuts fourth-quarter borrowing estimate to $618 billion

The US Treasury said on Monday it expects to borrow $618 billion in the fourth quarter, $10 billion less than it projected in August, due to a higher-than-assumed

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Russia bombs aid center and shelter in southern Ukraine, killing 26, officials say

Ukrainian authorities say 26 people have been killed in Russian bomb attacks on an aid distribution center and neighboring shelter in southern Ukraine

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Dollar falls ahead of US midterms as oil plummets

The dollar eased on Monday as oil prices plunged and Treasury yields retreated ahead of a week full of catalysts, including the US midterm elections, a

Economy

Oil drops 7% as Iran signals openness to peace talks

Oil prices fell more than 7% on Monday as talks between Iranian and Qatari officials lifted hopes for an end to the US-Israeli war with Iran and stabilization

Economy|Environment|Science

El Nino poses 'meaningful risk' of higher inflation in 2027, SF Fed paper says

The El Nino weather pattern that could cause a record rise in ocean temperatures in coming months poses a "meaningful risk" of higher US inflation in 2027 even as it

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ICE officer indicted on allegations he ran over undocumented Mexican immigrant released on bond

ICE officer indicted on allegations he ran over undocumented Mexican immigrant released on bond

Business|Economy|Finance

US Treasury auction changes loom in 2027; dealers eye long-end cuts

The US Treasury is widely expected to leave coupon auction sizes unchanged at this week's quarterly refunding announcement, but investors are

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Judge dismisses case against ex-FBI officials, says DOJ rushed charges before midterms

A federal judge on Monday tossed out a criminal case accusing two former senior FBI officials of lying about their involvement in an investigation of

Business|Economy|Science|Technology

OpenAI says its AI is getting better at doing things humans do, like shopping and meal planning

OpenAI says its AI is getting better at doing things humans do, like shopping and meal planning

Economy|Election|Political

What polls do and don’t tell us about the 2026 midterms

What polls do and don’t tell us about the 2026 midterms

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Judge dismisses case against former FBI officials who DOJ believes hampered Biden family corruption probe

Judge dismisses case against former FBI officials who DOJ believes hampered Biden family corruption probe

Business|Economy|Europe

German metal workers step up strikes in pay dispute

Strikes gathered pace across Germany's metal and electrical engineering industry on Monday, with workers at companies including Audi, Mercedes-Benz and Tata Steel downing

Business|Economy|Stock Markets

US stock index futures jump as oil falls about 6%

US stock index futures extended gains on Monday, with crude oil prices tumbling close to 6% as talks between Iranian and Qatari officials on a deal to end the US-Israeli war on Iran

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US stocks open higher as AI trade steadies, oil falls

Wall Street's main indexes opened higher on Monday with technology and AI-related stocks steadying after a dismal October, while risk sentiment got a lift as crude oil prices dropped

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Canadian factory PMI shows sector contracting for first time in 2026

Canada's manufacturing sector contracted in October for the first time this year as tariffs and geopolitical uncertainty weighed on activity, and after

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Marvell doubles down on AI boom with costly $115 billion Lumentum deal

Marvell Technology is buying optical components maker Lumentum in a $115 billion all-stock deal, including debt, one of the tech industry's largest