Today: October 28, 2026
Today: October 28, 2026

Economy

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

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

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.

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

Business|Economy|Finance

Fed officials not aligned on weight of financial conditions

By Michael S.

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

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

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

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

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

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

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A ceasefire in a devastated Ukrainian city holds for its first 30 hours, officials say

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

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

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

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,

Arts|Economy|Environment|Europe|Science|Technology|Travel|US

Oil up over 1% as Saudi Arabian refinery attack reignites supply risk concerns

Oil prices rose over 1% on Wednesday after an attack on a refinery in Saudi Arabia, the world's top crude exporter, renewed concerns about supply risks

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

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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

Business|Economy|Finance

Generic drugmaker Sandoz's shares fall after sales outlook lowered 

Swiss generic drugmaker Sandoz on Wednesday lowered its full-year sales growth guidance and lifted its core earnings margin forecasts after short-term biosimilar-supply

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.

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 world voyage has suspended its operations in Cambodia due to fuel costs, forcing hundreds of passengers to abandon their homes

Business|Economy|Finance

Federal Reserve likely to skip rate hike despite elevated inflation

The Federal Reserve is expected to stand pat on interest rates Wednesday even though inflation has accelerated in the past couple of months as the Iran war has caused spikes in oil and gas prices

Arts|Economy|Finance|Stock Markets|Technology|US|World

Global stocks get AI lift ahead of packed 48 hours 

Global stocks rose on Wednesday, boosted by renewed enthusiasm over AI ahead of earnings from industry bellwethers later on, while in Europe, financial

Business|Economy|Europe|Finance|Stock Markets

UBS posts $2.7 billion profit, speeds up share buybacks

UBS reported on Wednesday a third-quarter net profit roughly in line with expectations and accelerated its share buyback program even as the bank remained