Today: October 18, 2026
Today: October 18, 2026

Economy

Business|Economy|Finance

Japan core inflation likely exceeded BOJ target for first time since December

Japan's core consumer inflation in September likely exceeded the central bank's 2% target as higher energy prices driven by the Middle East conflict fed through to households

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

FBI agents and analysts fired for roles in Trump classified files probe sue to get their jobs back

FBI employees fired for their roles in the investigation of President Donald Trump’s retention of classified documents at his Florida estate are suing to get their jobs back, calling their terminations unlawful acts of “political retribution.”

Economy|Finance

World Bank's Banga sets goal of quintupling critical minerals financing in five years

World Bank President Ajay Banga on Friday said the development lender has set a goal of quintupling its critical minerals business in five years, and has identified 20

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

Chipmaker sell-off sends investors to other stocks and bonds for safety

Chipmaker sell-off sends investors to other stocks and bonds for safety

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

Why CoreWeave's troubles are rattling the AI boom

CoreWeave's mounting debt is raising fresh concerns about the AI boom, as investors question whether demand can justify the billions being borrowed

Business|Economy|Europe|Finance|Political|World

Crucial to give Ukraine all means needed to defend population, infrastructure, France's Macron says

French President Emmanuel Macron said on Thursday that it was crucial to give Ukraine all the means it needs to defend and protect its civilian population and its

Economy|Finance

MSCI freezes certain Turkey index changes, warns of potential market downgrade

MSCI on Thursday froze certain changes to its Turkey equity indexes, saying it needed more time to assess market reforms and warning of a potential

Economy

Brazil candidates focus fiscal plans on voter-friendly measures before runoff

As Brazil's presidential runoff campaign enters its final stretch, both candidates are focusing plans for fiscal adjustments on politically palatable

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

Global stocks flat as AI and rate fears hit tech

An index of global equity markets ended flat on Thursday as concerns about AI spending and higher interest rates fueled further selling in technology and

Economy

Global hedge funds hammered by AI selloff this week, Asia managers lead losses

Global hedge funds suffered steep losses this week, battered by a sharp unwind of a swathe of AI bets, with Asia-focused funds hit the

Asia|Economy|Political|World

South Korea reviews expanding military mission in Middle East, report says

South Korea is reviewing an expansion of its military operations in the Middle East, the Kyunghyang Shinmun newspaper reported on Thursday, as the US ally faces pressure from

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

Global tech rout loses steam

The AI equity rout accelerated significantly in Asia on Thursday on growing fears about the murky, circular financing powering the intelligence

Business|Crime|Economy|Europe|Sports

US businessman whose firm invested in European soccer clubs pleads guilty to fraud

An American businessman whose firm invested in several European soccer clubs that struggled under its ownership has pleaded guilty to fraud charges in New York

Business|Economy

California orders lenders to report on handling of insurance payouts to LA fire survivors

California officials are ordering mortgage lenders to report on how they've handled insurance payouts to survivors of the 2025 Los Angeles-area fires

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

US plan to ease shadow fleet sanctions unlikely to free up many tankers, analysts say

A potential Trump administration plan to ease sanctions on vessels that have transported sanctioned oil and fuel would likely have limited impact on

Arts|Business|Economy|Europe|Finance

UBS exploring options abroad in case Swiss rules prove intolerable, sources say

UBS is working on possible scenarios including shifting its headquarters, or a merger with another bank, if Switzerland introduces new banking rules it deems

Business|Economy|Finance

Private credit faces deployment squeeze as fundraising hits record

Private credit direct lenders are raising record sums even as deal activity slows and borrowers return to the banking system's syndicated loan market,

Economy|Technology

US appeals court invalidates federal $9 billion telecom subsidy fund

A U.S. federal appeals court said on Thursday the Federal Communications Commission exceeded its authority in setting up a telecoms subsidy program

Economy|Science|Technology

S&P 500 ends higher as traders shift from AI to healthcare

The S&P 500 ended higher on Thursday, springing back from early losses as investors concerned about AI stocks shifted into Eli Lilly,

Arts|Economy|Environment|Europe|Finance

Diesel's surge is starting to push other prices around. Here's how

The skyrocketing price of diesel is plain for Americans to see anytime they fuel up their cars, SUVs and pickup trucks, though only a fraction of US drivers own a

Economy|Political|World

Prime Minister Mark Carney says US is trying to break Canada as Alberta votes on separation path

Canadian Prime Minister Mark Carney has campaigned for national unity as advance voting is underway in oil-rich Alberta in a referendum that could set the province on a path toward a future vote on separation from Canada

Business|Economy|Health|Science

Trump administration advances plan for peptide drugs favored by RFK Jr.

Federal health officials are moving ahead with plans to broaden access to a class of unproven injectable drugs called peptides

Arts|Business|Economy|Environment|Science|Technology

IEA to speed up oil stocks release including over 20 million barrels of diesel

The International Energy Agency agreed on Thursday to release over 20 million barrels of diesel to the

Americas|Arts|Economy|Environment|Europe|MidEast

Progress toward a US-Mexico tariff deal has stalled, WSJ reports

Progress toward a US-Mexico tariff deal has stalled after opposition from Commerce Secretary Howard Lutnick, the Wall Street Journal reported on Thursday, citing people familiar

Business|Economy

Fed's Goolsbee on inflation: discouraging, but still some optimism

Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday that data this week showing stronger-than-expected consumer and producer price inflation has been "

Business|Economy|Technology

Target says it does not use customer data to raise prices

Target said on Thursday that it was not using customer data to raise prices based on shoppers' identities or locations, joining rival Walmart in trying to address growing concerns

Business|Economy|Science|Technology

CoreWeave's AI contracts and the lenders financing its build-out

CoreWeave, an Nvidia-backed cloud company that provides high-performance computing infrastructure for artificial intelligence, has secured tens of billions of dollars in contracts

Arts|Business|Economy|Finance|World

US consumers are muscling through higher prices, but for how long?

High gas prices are intensifying inflation and vacuuming up more of Americans’ dollars, yet consumers are still digging deep to spend, powering the economy, at least for now

Arts|Economy

Average long-term US mortgage rate holds at 7.4%, remaining at highest level in nearly 3 years

Mortgage rates held steady this week, keeping the average long-term U.S. home loan rate at its highest level in nearly three years

Business|Economy|Finance

US retail trade group forecasts healthy holiday sales, in part due to inflation

Don’t underestimate U.S. shoppers when it comes to shelling out money for the winter holidays

Business|Economy|Finance|World

US producer prices post largest gain in 4-1/2 years; expensive gasoline boosts retail sales

US producer prices increased by the most in 4-1/2 years in September amid rising costs for goods and services, the latest indication of inflation

Arts|Economy|Environment|Finance|Health

US delays small imports rule that raised alarm over prescription drug costs

The US government has delayed by 90 days implementation of new customs requirements for small international mail shipments, a move that should forestall higher

Economy|Environment|Health|Science

Rotting meat smell sparks protest at Mexico's screwworm sterile-fly plant

A rotten smell hanging over a town in Mexico's southern Chiapas state drove residents into the streets on Thursday

Economy|Political

Lula pledges free weekend transit nationwide as Brazil runoff nears

Brazilian President Luiz Inacio Lula da Silva said on Thursday he will send Congress a constitutional amendment guaranteeing free weekend public transport nationwide, the

Business|Economy|Environment|Technology

Global EV sales fall 2% in September, ending six-month growth streak

Global demand for electric vehicles fell 2% in September, ending six consecutive months of growth, as record sales in Europe were not enough to offset sharp declines

Business|Economy|Science|Technology

How the Houthis are helping Iran turn Saudi Arabia into a pressure point

The Houthi attacks on Saudi Arabia are about more than Yemen.

Arts|Business|Economy|Europe|MidEast|Political|World

Israel says commercial goods no longer entering Gaza after merchants suspend coordination

Israel said commercial goods were no longer entering Gaza over what it said was a dispute over taxes between local merchants and Hamas, shutting off a vital source of

Business|Economy|Health|Science|Technology

Pennsylvania secures $4 billion in investments, governor says

Pennsylvania Governor Josh Shapiro said on Thursday the state had secured more than $4 billion in life sciences and private-sector investment commitments over the past week.

Business|Economy|Finance

American Airlines names new network planning chief in fresh management shake-up

American Airlines is making another round of management changes, its second in the latter half of the year, as it tries to boost its profits,

Africa|Americas|Arts|Asia|Economy|Environment|Europe|Finance|MidEast|Stock Markets|US

Brent steady as US weighs easing sanctions on global 'shadow fleet'

Brent crude was little changed on Thursday as investors weighed possible US steps to ease restrictions on the world’s "shadow fleet" of tankers, while

Business|Economy|Finance

High mortgage rates are deepening a ‘K-shaped’ housing market

High mortgage rates are deepening a ‘K-shaped’ housing market

Business|Economy|Finance

Wholesale inflation reaches levels last seen in 2022

Wholesale inflation rose more quickly than expected last month on a big jump in fuel costs, a sign that stubbornly rising prices remain an economic challenge for consumers and a political problem for Republicans in the midterm elections

Economy|Science|Technology

Nasdaq nears one-month low as AI stocks slide on debt concerns

The Nasdaq fell to near one-month lows on Thursday as fears of a hit to artificial-intelligence investments from higher interest rates deepened a rout in AI-linked stocks, while

Economy

German savings banks chief says growth could curb political polarisation

Germany's nascent economic recovery could curb the polarization seen in recent state elections, the president of the country's savings banks association

Business|Economy|Finance

Dollar recedes from 18-month high as bond rally tempers impact of hot inflation data

The dollar retreated from an 18-month peak on Thursday as investors looked past strong US inflation and spending data to focus on a shakeout in the

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

Analysts react to Coreweave debt woes, AI selloff

A selloff in US technology stocks and their bonds intensified on Thursday as high borrowing costs put the financing behind AI’s massive infrastructure buildout under growing

Arts|Business|Economy|Entertainment|Fashion and Beauty|Finance|Lifestyle|Sports|Technology

US holiday sales growth to speed up as shoppers stay resilient, NRF forecasts

US holiday sales growth is expected to accelerate to 4.2% this year, the National Retail Federation said on Thursday, betting that consumers would remain resilient even as major

Economy

Commercial goods are no longer entering Gaza, raising fears of worsening shortages in the territory

No commercial goods are entering the Gaza Strip, Israeli authorities said, attributing the suspension to local vendors they said are fed up with Hamas raising taxes on them

Business|Economy|Finance

Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms

Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms

Business|Economy|Entertainment|Lifestyle|Political

Wisconsin's Republican candidate for governor keeps his distance from Trump in nail-biter campaign

Democrats got the candidate they wanted for governor in Wisconsin

Arts|Business|Economy|Travel

Deal reached to end horse carriage industry, New York City official says

Deal reached to end horse carriage industry, New York City official says

Economy|Health

A new Medicare season begins, but some shifts will arrive in 2027

Open enrollment for Medicare plans begins Thursday, allowing people to choose between traditional Medicare and Medicare Advantage plans until Dec. 7

Business|Economy|Finance|Stock Markets|US

Retail sales up 0.8% in September, but a big chunk of spending went to paying gasoline bills

Shoppers showed their willingness to spend in September even after a better-than-expected splurge in August

Arts|Economy|Europe|Technology

Why are credit default swaps unnerving AI investors?

The cost of insuring against the risk of potential US tech defaults has hit record levels, in the latest sign of credit stress building in the so-called AI

Arts|Business|Economy

Major brokerages expect next Fed rate hike in December

Global brokerages largely expect the US Federal Reserve to raise interest rates at least once more this year after data on Wednesday showed consumer prices accelerated in September,

Economy|Finance

UK's Healey should rebuild fiscal headroom to about £15-16 billion, Reuters poll shows

British finance minister John Healey should rebuild his depleted headroom against the fiscal rules to about £15-16 billion ($20-21 billion) at this month's budget to

Business|Economy|Political|Science|Technology

Microsoft president warns green-card curbs could hurt US tech, Politico reports

Microsoft President Brad Smith warned the Trump administration's move to restrict green-card access for skilled foreign workers could hurt US technological competitiveness and drive

Business|Economy|Political

UK's Healey says banks are key to economy but keeps tax options open

British finance minister John Healey said banks were central to the country's economic future on Thursday when pressed by reporters about the likelihood

Business|Economy|Science|Technology

US Treasury pushes global partners to rename AI as 'super intelligence'

The United States wants its global partners to rename artificial intelligence as "super intelligence," convinced that the new moniker better reflects the

Business|Economy

US retail sales beat expectations in September on higher gasoline prices

US retail sales increased more than expected in September, boosted by higher gasoline prices, but spending elsewhere was moderate, which could temper economists'

Business|Economy|Finance

US weekly jobless claims rise marginally amid low layoffs

The number of Americans filing new claims for unemployment benefits increased marginally last week amid low layoffs that are keeping the labor market stable.

Economy|Europe|Finance|Political|World

Ukraine passes key laws to help unlock billions in aid from EU, IMF

Ukraine's parliament passed a package of legislation on Thursday to advance the implementation of key demands from the European Union and the International Monetary Fund to

Business|Economy

Cartier-owner Richemont considers joining bidders for De Beers, source says

Luxury group Richemont, owner of Cartier, is in talks to join a consortium bidding for diamond miner De Beers, which

Arts|Business|Economy

The number of Americans filing for jobless aid remain at historically low levels below 200,000

U.S. applications for unemployment benefits inched up last week as layoffs remain historically low and most American workers enjoy job security

Business|Economy|Environment|Finance

Is the world pricing the risk of a US diesel export ban?

If the US imposed a ban on its diesel exports, as some lawmakers are calling for, it would roil the global market.

Arts|Economy|Education|Environment|Finance|Science|Technology|World

IMF says African economies performing well despite shocks from the Iran war

The head of the International Monetary Fund’s Africa department says African economies have managed to weather the energy crisis brought on by the Iran war

Business|Economy|Finance

BoE to raise rates to 4% in November, but economists narrowly expect hold from there

The Bank of England will raise Bank Rate for the first time in more than three years to 4.0% in November, according to a majority of economists polled by Reuters who have reversed

Arts|Business|Economy|Environment|Science|Technology

Oil shipping costs spike, lifting prices from pump to grocery

When the oil supertanker Esteem Explorer sails from the United States to Japan in late November, loaded with about 2

Arts|Business|Economy|Finance|Interview|Opinion|Science|Technology|World

Warsh's quest for quiet Fed gets vocal pushback

Federal Reserve Chairman Kevin Warsh’s call for a “quieter” central bank is facing pushback from colleagues who see

Economy

US toy prices surge ahead of holiday shopping season as tariffs, Iran war bite

Cash-strapped US consumers are facing a squeeze in their shopping budgets this holiday season, hit by the double whammy of tariffs and high energy costs.

Business|Economy|Finance|Stock Markets

Wall St banks caught in capital markets lull after a strong first half of 2026

Quarterly results from Wall Street's big banks this week showed that even the largest and most robust players of the industry can be vulnerable to the ebb and flow of

Economy|Finance|Technology

BoE warns banks to prepare for AI-enabled cyber breaches

The Bank of England is working with banks on deep cyber-recovery options, its deputy governor Sarah Breeden said on Thursday, arguing

Economy|Finance|Stock Markets

CoreWeave unravels

(Corrected the capitalization in the company name CoreWeave.)

Economy|Europe|Finance

Italy to raise almost €11 billion from financial sector in next three years

Italy plans to raise an additional €10.7 billion ($12.00 billion) from the financial sector to help fund its budget over the 2027-2029 period, a government

Arts|Business|Economy|Europe|Finance|US|World

US wants Senegal debt restructuring wrapped up in less than a year

The United States views Senegal's request for debt restructuring as a "great example" of progress on the Group of 20 Common Framework, and wants to see

Business|Economy|Finance|Stock Markets|US

US 10-year Treasury yield levels not unprecedented, BNY CEO says

The levels the benchmark 10-year US Treasury yield has touched this year are not unprecedented, the CEO of the oldest US bank

Business|Economy|Finance|Stock Markets|Technology

AI credit worries send default insurance to record high 

The cost of insuring against tech defaults struck record highs on Thursday, as investors rushed to hedge against the risk of

Economy|Europe|Health|Lifestyle|World

Questions swirl about pope's future and what he knew when praying at a French shrine famed for cures

Pope Leo XIV's lung cancer diagnosis raises questions about the future of his pontificate

Business|Economy|Science|Technology

Taiwan chipmaker TSMC explores Texas investment to expand production in the US

Taiwan Semiconductor Manufacturing Co. is exploring potential investments in Texas to expand chip production in the U.S. The company says it is open to collaborating with Elon Musk’s planned “Terafab” chip manufacturing complex in Texas

Economy

Frustrated with Trump, voters overwhelmingly want change in Washington, an AP-NORC poll finds

A new AP-NORC poll finds that a strong majority of voters believe President Donald Trump is falling short at home and abroad, and they want major change in the upcoming midterm elections

Business|Economy

Japan economy minister stresses BOJ independence, rejects reflationist label

Japanese Economy Minister Minoru Kiuchi said monetary policy should be left to the Bank of Japan, reiterating the government's stance on

Asia|Business|Economy|Finance

China Q3 growth set to pick up on stimulus, keeping 2026 goal within reach: Reuters poll

China's economic growth likely accelerated modestly in the third quarter from a more than three-year low, supported by fresh policy easing, though the pickup

Business|Economy|Finance

UBS extends Fed tightening cycle forecast with March rate hike after inflation surprise

UBS Global Wealth Management expects the Federal Reserve to raise interest rates for a third time in March 2027, extending its tightening cycle into next year after stronger-than-

Business|Economy|Finance|Interview|Stock Markets|US|World

WTO chief sees lasting impact on trade from Middle East war and geopolitics

Shifting geopolitics and the wars in Ukraine and the Middle East will have a lasting impact on world trade flows as companies hedge their bets against future shocks, Ngozi

Economy|Europe|Political|World

Germany warns against bringing Russia back into G20 fold

Germany warned on Thursday against efforts to bring Russia back on to the international stage, while Britain called for tighter

Business|Economy|Europe

For Chinese automakers, the road to survival runs through Europe

The record 20 Chinese brands vying for attention at this week's Paris car show reflect a stark reality: as a slowdown at home pushes China's overcrowded auto

Americas|Economy|Europe|MidEast|Political|US

Merz says frozen Russian assets must stay in Europe amid reported US proposal

Billions of euros' worth of Russian assets frozen in Europe after the invasion of Ukraine should stay under the region's control, German Chancellor Friedrich Merz said on

Africa|Economy|Finance|World

Africa's economic resilience masks rising inflation threat and fragile buffers, IMF warns

Sub-Saharan Africa's inflation outlook has worsened since April even as growth held up better than expected, the IMF said, warning that the region's

Economy|Finance|Political|World

Norway wealth fund should invest in top arms makers, commission says in ethics overhaul

Norway should allow its $2.3 trillion wealth fund to invest in major Western defence groups that are currently banned from its portfolio due to their

Arts|Business|Economy|Finance

PepsiCo warns 'energy drink' ban could run its India supplies dry as Red Bull sells on

PepsiCo told an Indian court on Thursday that a continued ban on the "energy drink" label could drive its top-selling products out of stock nationwide

Business|Economy|Technology

TSMC Q3 profit jumps 69% to record, beating expectations

TSMC, the world's largest contract chipmaker, posted a 69% jump in third-quarter net profit on Thursday, beating market forecasts and hitting a record, thanks to soaring

Business|Economy|Technology

Ericsson braces for component cost hit after third-quarter profit beat

Telecom gear maker Ericsson on Thursday reported a smaller-than-expected drop in third-quarter core profit as efficiency measures helped offset higher component costs,

Arts|Economy|Environment|Technology

Governments globally to turn to non-dollar bonds amid AI-driven liquidity crunch, Citi banker says

Governments and state entities

Arts|Business|Economy|Finance|Technology

South Korea's KOSPI closes at 6-month low as chipmakers slump on AI worries

South Korea's benchmark KOSPI stock index closed at a six-month low on Thursday, as a heavy selloff in chipmakers triggered a

Economy|Environment|Science|Technology

Copper squeeze breathes new life into old mines

In 1899, the Mt Lyell mine in Tasmania produced some 9,500 metric tons of copper.

Arts|Business|Economy|Technology|World

Taiwan president calls for Micron, workers to negotiate 'sincerely' ahead of possible strike

Taiwanese President Lai Ching-te called on Thursday for US memory chipmaker Micron Technology and its workers to negotiate "sincerely"

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

TSMC 'prudent' going into 2027 after posting sixth straight quarter of record profit

TSMC, the world's largest manufacturer of advanced chips, struck a note of caution for 2027 on Thursday due to macroeconomic uncertainties,

Arts|Business|Economy|Finance|Technology

Is the AI rout making bonds safe again?

A rude awakening over the debt-fuelled AI binge has sent investors rushing out of stocks and into government bonds, which now seem to

Economy

Romania's nominated prime minister secures support ahead of confidence vote

Romania's leftist Social Democrats said they will join the government of Prime Minister-designate Luca Niculescu while other parties pledged their votes, edging the

Economy|Europe|Finance

French inflation rises to 3.4% in September, highest since January 2024

Consumer prices in France rose 3.4% year-on-year in September on an EU-harmonised basis, statistics office INSEE said on Thursday, in line with a preliminary reading from late

Asia|Business|Economy|Environment|Food

This Chinese export boom really has legs – and wings

(This story has been refiled to correct the type of duck subject to European anti-dumping probe in paragraph 6.)

Asia|Economy

New North Korea-China bridge finally opens. But will it help Pyongyang evade sanctions?

New North Korea-China bridge finally opens. But will it help Pyongyang evade sanctions?

Business|Economy|Finance

Prolonged war, renewed disruptions pose biggest risk to Middle East region, IMF says

Prolonged war in the Middle East and further disruptions to energy production, shipping routes or critical infrastructure pose the biggest risk to

Business|Economy|Finance|Stock Markets|Technology|World

Market picks CoreWeave as AI rout deepens

A look at the day ahead in European and global markets from Tom Westbrook The bruising AI selloff extended after the bell, hard into Asia and even lent a bid to beaten-down bond markets.

Business|Economy|Finance|Stock Markets|Technology

Figma CFO says design platform willing to put margins on the line to boost AI demand

Figma's CFO said on Thursday it was uncertain if the design software firm would return to peak gross margin levels as it ramps up

Business|Economy|World

Bessent calls for World Bank reforms, including upstream oil and gas financing

US Treasury Secretary Scott Bessent issued a long list of demands for the World Bank in line with Trump administration interests, including ending the bank's prohibition on

Business|Economy|Finance

BOJ policymaker warns against being overly cautious on rate hikes

The Bank of Japan should not become overly cautious about raising interest rates, given considerable upside risks to inflation, Junko Koeda, a

Asia|Economy|Finance

IMF urges China to deploy bigger fiscal stimulus

China must deliver bigger fiscal stimulus as its economy teeters on deflation, a senior International Monetary Fund official said on Thursday.

Arts|Economy|Entertainment|Finance|Lifestyle|Technology

Japanese insurers are poised to bring money back home - gradually

Some of Japan's largest asset managers are expected to unveil plans to buy more domestic bonds with markets focusing on whether they would step up divestments of overseas

Asia|Business|Economy|Finance|World

IMF warns of slowing Asian growth, spillover from rising yields

The International Monetary Fund on Thursday projected Asia's economic growth would moderate next year and warned of heightening risks from the Iran war-

Economy

Brazil's Senate approves shorter workweek in win for Lula

Brazil's Senate on Wednesday approved a constitutional amendment to reduce the country's workweek from six days to five, providing President Luiz Inacio Lula da Silva a

Africa|Americas|Arts|Asia|Economy|Europe|MidEast

China opens a joint airfield in Laos with construction ongoing and eyes on its military role

China’s newly opened joint military airfield in Laos is Beijing’s first overseas facility focused on air power

Business|Economy

Brazil's Senate approves a shorter workweek in major win for Lula ahead of runoff

Brazil’s Senate has approved a constitutional amendment to reduce the maximum workweek from 44 to 40 hours without cutting salaries

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

At Anthropic pre-IPO meet: ‘Thinking’ caps, surging revenue, no human extinction

Anthropic told prospective investors on Wednesday that revenue in the third quarter surged 45% from the prior quarter, two

Economy|Science|Technology

UK government to provide £17 million for Chornobyl plant repairs

The British government said on Thursday it will provide £17 million ($22.45 million) in funding for repairs to the Chornobyl nuclear power plant in northern Ukraine damaged by a

Business|Economy|Finance|Interview

Fed's Daly says rate hikes likely needed, but not urgently

The Federal Reserve will probably need to increase short-term interest rates further to rein in too-high inflation, San Francisco Federal Reserve

Business|Economy|Finance|World

Dollar hits 18-month high, then cools as investors await patient Fed

The US dollar hit an 18-month high on Wednesday after stronger-than-expected US inflation data briefly revived expectations for a Federal Reserve interest

Economy|Science|Technology

Trading Day: Tech melt

US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and

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

Flavio Bolsonaro slightly leads Lula in Brazil runoff, Quaest poll shows

Brazilian Senator Flavio Bolsonaro was seen slightly ahead of President Luiz Inacio Lula da Silva heading into the October 25 presidential runoff, a Quaest poll showed on

Economy|Political|World

IMF calls for US to cut deficits amid bond woes, urges China to shift away from exports

The United States cannot grow its way out of mounting public debt without tax or spending adjustments, while China must pivot from export-

Arts|Business|Economy|Europe|MidEast|World

Colombia opens embassy in Jerusalem, restores free trade deal with Israel

Colombia opened its embassy in Jerusalem on Wednesday, becoming the 10th government to do so, as new President Abelardo De La Espriella reversed his predecessor's break

Arts|Economy|MidEast|Science|Technology

Oil prices gain on attacks in Saudi Arabia, Iran's new tactics to target tankers

Oil prices rose on Wednesday after the Houthis attacked Saudi Aramco's headquarters and Iran said it was deploying new tactics to target ships and keep oil

Business|Economy|Finance|Stock Markets|Technology

Nasdaq ends sharply lower as hot inflation data stirs rate-hike worries

Hotter-than-expected inflation data sent the Nasdaq to a sharply lower close on Wednesday, with worries about more interest rate hikes from the Federal Reserve

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

Judge extends order blocking Trump from banning CNN, MS NOW and Politico reporters from White House

A federal judge has extended an order blocking the Trump administration from banning reporters from CNN, MS NOW, and Politico from the White House

Business|Economy|Finance|World

IMF chief urges US and wealthy nations to rein in debt to ease global economic pressure

The head of the International Monetary Fund says the United States and other wealthy nations must urgently tackle mounting global debt, which is weighing most heavily on low-income countries

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

US stocks drop to their worst day since July as inflation worsens

U.S. stocks dropped to their worst day since July

Business|Economy|Election|Finance|Political

Republicans are playing defense — and it’s costing them

Republicans are playing defense — and it’s costing them

Arts|Economy|Entertainment|Finance|Lifestyle

Appeals court judges question the government about Trump's DC National Guard deployment

Dozens of Washington, D.C., residents have rallied outside a courthouse holding a hearing on President Donald Trump's deployment of the National Guard to oppose the continuing presence of the military in the city

Economy|Europe|Finance

No signs of new EU debt crisis, but prudent fiscal policy is needed - Dombrovskis

There are no signs of a new euro zone sovereign debt crisis, but governments need to be prudent as debt costs rise on higher sovereign and corporate borrowing and inflation

Economy

Ohio's working-class voters rethink support for Trump and the Republican Party

A decade after Republican Donald Trump peeled away working-class and union voters who had long been a cornerstone of Democratic support in Ohio,

Business|Economy|Finance|World

Top economic adviser says Venezuela aims to publish debt sustainability analysis 'very soon'

Venezuela is hoping to publish a debt sustainability analysis "very soon", but the

Business|Economy|Finance|Technology

Inside the booming market for US midterm election bets

Betting on US midterm elections has surged this year on Polymarket and Kalshi, prediction markets that rose to prominence in 2024 when

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UK stocks close higher as weaker sterling boosts export-heavy sectors

UK stocks ended higher on Wednesday, supported by a rise in healthcare and consumer staples sectors, which gained on a weaker sterling after data showed US inflation came in hotter

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Saudi Aramco headquarters suffered extensive damage in Houthi attack, sources say

Oil giant Saudi Aramco's headquarters in Dhahran suffered extensive damage in an attack on Tuesday, with a fire spreading across several floors, three people with direct knowledge

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BlackRock draws $205 billion in client funds as quarterly profit beats estimates

BlackRock surpassed Wall Street profit expectations and attracted $205 billion in total inflows in the third quarter, sending the world's largest

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China September new bank loans jump more than expected on stimulus, seasonal boost

New bank lending in China rose more than expected in September, rebounding sharply from a weak August as policymakers stepped up targeted monetary

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BofA misses profit estimates on trading weakness, books $1.2 billion charge

Bank of America missed third-quarter profit estimates on Wednesday due to weakness in its trading business and disclosed a $1.2 billion charge

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Inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections near

U.S. inflation accelerated last month as gas, clothes, and air fares got more expensive, evidence that rising prices remain an economic challenge just a few weeks before the midterm elections

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Bank of America fined $1.2 billion by Treasury Department for violating money laundering and sanctions laws

Bank of America fined $1.2 billion by Treasury Department for violating money laundering and sanctions laws

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Europe leads the world on AI rules. So why is it missing from the AI safety debate?

Europe leads the world on AI rules. So why is it missing from the AI safety debate?

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Space startups secure record $20.8 billion funding as infrastructure bets surge, report shows

Space startups attracted a record $20.8 billion in funding in the third quarter, as investors poured money into launch providers, manufacturing and other

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India importers press on with rupee hedges despite RBI's higher-cost deterrent

Indian importers continue to lock in future dollar purchase rates to protect against the rupee weakening, despite the banks charging more per month for such

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China buys 8-10 US soybean cargoes in first deals since Trump-Xi summit, sources say

Chinese state buyers purchased 8-10 Panamax cargoes of US soybeans this week, the first such deals since the September summit between Presidents Donald

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ASML CFO says US Match Act limiting DUV sales to China would be counterproductive

The chief financial officer of top computer chip equipment manufacturer ASML said on Wednesday the company opposes a proposal by US Congress to limit the

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German economy likely slowed in third quarter, ministry says

Germany's economy ministry said on Wednesday that growth momentum likely slowed temporarily in the third quarter.

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New ASX boss wants to accelerate move to one-day settlement in Australia

New ASX CEO Anthony Attia said he wants to expedite the transition to one-day cash equity trading settlement, bringing Australia in line

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Taiwan cites progress on Alaska LNG after Trump says it will buy 30% of output

Taiwan said on Wednesday it was making progress in talks to buy liquefied natural gas from Alaska LNG and

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Barbados joins push for global panel to tackle inequality

Barbados is joining a group of countries calling for the establishment of an international panel to address inequality, at a time when heightened geopolitical

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Spain's inflation rises at fastest pace in more than three years

Spain's inflation rose in September at its fastest pace since February 2023, mostly due to an increase in the price of fuel and air travel, the National Statistics Institute (INE)