LA Post: Latest business news and finance headlines

Israel presses ahead with West Bank operation as election approaches

The Israeli military is pressing ahead with a massive operation in the occupied West Bank that has displaced hundreds of Palestinians

October 25, 2026

Business|Economy|Science|Technology

Anthropic's soaring sales, steep losses put AI frenzy to IPO test

Anthropic took a big step closer to a potentially record-breaking IPO on Monday, even as it revealed steep losses and security concerns that could test

October 26, 2026

Business|Economy|Finance|Stock Markets

World stocks gain ahead of 'formidable' week for risk; oil prices fall

Global shares advanced on Monday, with investors focused on central bank meetings and a week of corporate earnings that will

October 25, 2026

Business|Economy|Finance|Science|Technology

Anthropic's IPO: A close look at AI frontrunner's rapid growth, spiraling costs

Anthropic unveiled its US initial public offering paperwork on Monday, setting up for a blockbuster market debut that would test investors' willingness to

October 26, 2026

Business|Economy|Finance|Interview|Political

Brazil finance minister signals more ambitious primary surplus for next year

Brazil's Finance Minister, Dario Durigan, said in an interview with local news service Broadcast on Monday that the government will pursue a higher effective primary

October 26, 2026

Economy|Europe|Political

Serbia's student movement toppled a political giant. Can it now govern the country?

By unseating longtime leader Aleksandar Vucic in Sunday's election, Serbia's student protest movement did what demonstrators in

October 26, 2026

Arts|Economy|Entertainment|Europe|MidEast

Oil settles lower on peace hopes, Saudi attacks limit losses

Brent crude futures finished lower on Monday amid hopes of easing hostilities in the Middle East, but persistent attacks on key producer Saudi Arabia

October 25, 2026

Business|Economy|World

Britain will not join Canada-led defence bank initiative

Britain will not join the Canada-led Defence, Security and Resilience Bank, in a setback to efforts to create the world's first global defence bank, according to a person familiar

October 25, 2026

French students vow more protests despite Macron government's concessions

French student leaders vowed to go on protesting despite government concessions on education, keeping pressure on President Emmanuel Macron

October 26, 2026

Business|Economy|Finance|Technology

Microsoft offers a quarter of its global workforce voluntary buyouts as AI spending accelerates

Microsoft has offered 60,000 employees, or about 27% of its global workforce, voluntary buyouts as the software giant spends heavily on artificial intelligence

October 26, 2026

Trump administration's firing of prosecutor Maurene Comey was unlawful, judge rules

The abrupt firing of Maurene Comey as a federal prosecutor by President Donald Trump's administration was unlawful, a US judge ruled on Monday in a victory

October 26, 2026

Business|Economy|Environment|Political

San Francisco mayor declares local emergency to prepare for El Niño storm effects

October 26, 2026

Business|Economy|Finance|Stock Markets|US

Equities end higher as Anthropic's IPO filing buoys AI stocks

US stocks closed higher on Monday, with the S&P 500 and Nasdaq coming off consecutive weekly declines, as Anthropic's IPO filing

October 26, 2026

Euro slips ahead of central bank meetings, real tumbles

The euro fell against the dollar on Monday ahead of a busy week of central bank meetings and with crude oil prices remaining elevated, while the Brazilian

October 26, 2026

Obesity drug developer Corxel to go public in US via SPAC deal

Obesity drug developer Corxel Pharmaceuticals will go public in the US through a merger with special purpose acquisition company Amanat Acquisition Corp, the companies announced on

October 26, 2026

Business|Economy|Finance|Stock Markets|Technology

AI stocks rise as Anthropic nears Wall Street debut amid investor caution

AI-linked stocks rose on Monday after Anthropic revealed the paperwork for its initial public offering, against the backdrop of growing investor unease over debt-fueled spending on

October 26, 2026

Brazil stocks, real tumble as Lula win shifts investor focus

Brazilian stocks and the real currency posted their sharpest losses in years on Monday after the surprise

October 26, 2026

AI companies are barreling toward huge Wall Street debuts. A look at the biggest players

Some of the leading artificial intelligence companies are moving toward initial public offerings at eye-popping valuations

June 04, 2026

Business|Economy

Russian refiners ramp up diesel output after US deal, sources say

Russian refiners are raising diesel production in October after the government granted export quotas following the Kremlin's supply agreement with the United States, said two

October 26, 2026

Wall St opens higher as Anthropic's IPO filing sharpens AI focus

US stocks opened higher on Monday as Anthropic's IPO filing drew investor attention ahead of a week dominated by corporate earnings and the Federal Reserve's interest-rate decision.

October 26, 2026

Business|Economy|Finance|Stock Markets|Technology

From filing to first trade: Inside the US IPO process

Anthropic revealed its paperwork for a historic US listing on Monday, spotlighting the multi-step process IPO hopefuls typically must navigate before their shares

April 01, 2026

Business|Economy|Finance|Technology|World

Anthropic's potential mega IPO joins ranks of world's biggest listings

Anthropic took the wraps off its US initial public offering filing on Monday, bringing the Claude maker a step closer to a landmark debut that is set to test investor appetite for

June 11, 2026

Audi CEO faces backlash after joining Trump at midterm campaign rally

Audi chief Gernot Doellner drew heavy criticism on Monday for appearing alongside US President Donald Trump at a campaign rally in the

October 26, 2026

Business|Economy|Finance

FedEx appoints Jamere Jackson as chief financial officer

FedEx on Monday appointed Jamere Jackson as chief financial officer, effective November 30. Jackson will step down as CFO of AutoZone on November 25.

October 26, 2026

Arts|Business|Economy|Entertainment|Finance

Apollo deepens Abu Dhabi ties with investment in Mubadala Capital

Apollo Global Management will acquire a minority stake in Mubadala Capital and commit capital across its investment strategies, the alternative asset

October 26, 2026

Economy|Finance|Science|Stock Markets|Technology

Anthropic IPO filing to put AI investment boom to the test

Anthropic made its US IPO filing public on Monday, edging toward what could be the first stock market debut by a frontier AI lab and laying out the promise, costs and risks of

October 26, 2026

Business|Economy|Finance|Stock Markets|US

EQT to buy Range Resources in $13 billion deal to create top US gas producer

EQT said on Monday it will buy Range Resources in a $13 billion all-stock deal to create the largest US natural gas producer, betting on rising demand from LNG exports

October 26, 2026

UN-commissioned experts say Gaza ceasefire has not stopped Israel from committing genocide

A U.N.-commissioned group of independent experts accuses Israel of committing genocide in Gaza despite a ceasefire agreement

October 26, 2026

Economy|Finance|Stock Markets|Technology

HEDGE FLOW-Trend hedge funds saw worst week since 2024 as AI stocks fell, Goldman says

Trend-following hedge funds witnessed their worst weekly performance in two years last week, as concern about the eventual pay-off from hefty AI spending ignited volatility

October 26, 2026

Business|Economy|Finance|Stock Markets|Technology

Musk's grim outlook hits neoclouds as debt concerns mount

Shares of neocloud companies declined on Monday after SpaceX CEO Elon Musk said the sector could face consolidation and failures, adding to concerns over a widening gap between AI

October 26, 2026

Analysts forecast Brazil market plunge after Lula turnaround win

Brazilian President Luiz Inacio Lula da Silva's election victory over Flavio Bolsonaro looked set to trigger a sharp selloff in its financial markets on Monday.

October 26, 2026

Economy|Environment|Science|Technology

50 years later, Amory Lovins’ soft energy path meets electrification

Five decades ago, he charted two paths for energy use in the US. His soft path rightly emphasized efficiency and renewables but underestimated the importance of electricity.

October 26, 2026

Business|Economy|Finance|Technology

The markets are starting to act seriously weird. Blame AI

October 26, 2026

Economy|Political

Sweden's Centre leader hands task of forming government back to parliament speaker

Swedish Centre Party leader Elisabeth Thand Ringqvist said on Monday she was handing the process of forming a government back to parliament speaker Andreas Norlen, as

October 26, 2026

Business|Economy

Strong CBI retail sales buck downbeat UK consumer trend

British retailers this month reported the smallest fall in sales in a year and a half, a survey from the Confederation of British Industry showed on Monday, bucking the

October 26, 2026

Business|Economy|Europe|Science|Technology

Poland eyes more cooperation with Germany in space, Polish minister says

Poland sees a lot of room to deepen cooperation with Germany in the space sector, Polish Finance Minister Andrzej Domanski said on Monday, underscoring the need to possess

October 26, 2026

US retailers face record holiday delivery prices from surcharges tied to costlier diesel

The most expensive parcel shipping year on record is on track to end with the highest-ever holiday season delivery prices as soaring diesel prices

October 26, 2026

Economy|Finance

Fed to hit pause on rate hikes, but maybe not for long

Federal Reserve policymakers have telegraphed they will not raise US short-term borrowing costs again this week, but with inflation concerns still front and center,

October 26, 2026

Business|Economy|Europe|Finance

Euro zone firms find it harder to get credit, ECB survey shows

Euro zone firms are having a harder time getting credit from their banks just as their finances are squeezed by more expensive fuel and higher costs, a European Central

October 26, 2026

Economy|Political

Trump failed to stop inflation. Now Republicans may pay the price in the midterm elections

One week before midterm elections, President Donald Trump is struggling to deliver on his promise to bring down costs

October 26, 2026

Economy|Election

In his own words: Trump on gas prices and energy costs since launching the war with Iran

Since launching the war with Iran nearly eight months ago, U.S. President Donald Trump has struggled to quell soaring energy costs, undermining Republicans’ attempt to keep control of Congress in the midterm elections next week

October 26, 2026

Asia|Business|Economy|Finance|Stock Markets

Asia-focused banks face capital squeeze due to inflation, bond turbulence

A mix of volatile bond markets, sticky inflation and shifting foreign exchange dynamics is creating a risk to Asia-focused banks

October 26, 2026

Asia|Economy|Finance|Political|World

China's Xi opens Communist Party plenum, aims for firm governance measures

China's Communist Party began a meeting of senior cadres on Monday aimed at tightening discipline and pressing officials to implement Beijing's orders, paving the way for a

October 26, 2026

Economy|Finance

Why Wall Street banks want Democrats to back their capital relief

Wall Street banks are poised to score significant regulatory relief thanks to US President Donald Trump's Republican regulators, but ensuring the changes survive long-

October 26, 2026

Economy|Technology

US growth boosted by AI, but no sign of a turning point higher

In his 2025 inaugural address, President Donald Trump said his return to the White House heralded the start of a new golden age for the US, especially for the economy.

October 26, 2026

Business|Economy|Technology

Japanese companies compensate users as cyberattacks buffet economy

Japanese companies are moving to pay compensation to users following waves of cyberattacks that have disrupted internet services and raised

October 26, 2026

Asia|Business|Economy|Interview

Japan auto union group looks beyond inflation-linked pay hikes for 2027 talks

Japan's top automobile industry union group is looking to move beyond wage demands aimed merely at keeping pace with inflation in next

October 26, 2026

The races that will decide control of the US Senate

By Nolan D.

October 12, 2026

Economy|Political

Gas under Trump 2.0 is now more expensive than it was under Biden

October 26, 2026

Economy|Science|Technology

Anthropic taps a deep well of distrust as it eyes its Australian AI debut

October 26, 2026

Judges skeptical of Trump administration effort to force California to set aside mail ballots

October 25, 2026

Economy|Finance

Condo sales prices are dropping, but new rules may complicate affordability

October 26, 2026

Business|Economy|Europe|World

Six injured in Russian strikes on Ukraine's Zaporizhzhia, Chernihiv, officials say

A Russian strike on Ukraine's southeastern city of Zaporizhzhia injured four people overnight, regional governor Mykhailo Semikin said on Telegram on Monday.

October 26, 2026

Arts|Economy|Finance|Stock Markets

Indonesia strengthens measures against stock manipulation after market rout triggered by MSCI

Indonesia on Monday introduced more measures to address stock market manipulation, including adding independent parties to a committee determining

October 26, 2026

Economy|MidEast|Political|Science|World

Houthis say they attacked Saudi oil pumping stations, Riyadh airport as fighting intensifies

Yemen's Iran-aligned Houthis said on Monday they had attacked Saudi Arabia's East-West crude oil pumping stations and Riyadh airport, as rising hostilities choke oil supplies and

October 26, 2026

Business|Economy|Finance

Elections, central banks and earnings on the menu

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

October 26, 2026

Arts|Economy|Finance

China's yuan climbs to fresh 4-year high ahead of key policy meetings

China's yuan climbed to a fresh four-year high against the dollar on Monday, extending its longest winning streak since May, as softer oil prices and US Treasury yields

October 26, 2026

Brazil’s Lula wins historic fourth term, Flavio Bolsonaro refuses to concede

Brazilian President Luiz Inacio Lula da Silva won a historic fourth term on Sunday, the country's electoral

October 25, 2026

Economy

Bank of Japan's hawkish pause to leave scope for December hike

The Bank of Japan will likely declare victory in a nearly 14-year battle to hit its 2% inflation target at its policy meeting on Friday and emphasise the

October 26, 2026

Business|Economy|Finance|Stock Markets

Shares fall in Asia after a decline on Wall Street, and oil prices fall more than 1%

Shares are mostly lower in Asia after a retreat on Wall Street, while oil prices have fallen more than 1%

October 26, 2026

Economy|Finance

Five economic challenges facing Brazil's re-elected President Lula

Brazil's economy has beaten expectations in recent years, but mounting debt and entrenched structural problems could complicate leftist

October 25, 2026

Economy|Election|Political|US

Trump invokes 9/11 in urging Michigan voters to oppose Muslim Senate candidate El-Sayed

President Donald Trump at a Sunday campaign rally ratcheted up his push to link US Senate candidate Abdul El-Sayed to Muslim extremists,

October 25, 2026

Business|Economy|Political|US|World

Trump says Canada tariff deal coming 'soon' at Michigan border rally

President Donald Trump at a Sunday political rally predicted a trade dispute with Canada would be resolved "soon," without providing specifics.

October 25, 2026

Venezuela opposition leader Machado returns home after fraught year away

Venezuelan opposition leader Maria Corina Machado was greeted by tens of thousands of cheering supporters as

October 25, 2026

Business|Economy|Finance

Proxy advisory firm Glass Lewis backs Bergeron in Ethan Allen fight

Proxy advisory firm Glass Lewis backed investor Doug Bergeron's campaign to replace all five directors at Ethan Allen, including its octogenarian CEO who has run the

October 25, 2026

US appeals court appears skeptical of Trump DOJ's lawsuit over California voter rolls

A federal appeals court appeared skeptical on Sunday of a lawsuit filed by President Donald Trump's administration that seeks to force California officials to set aside

October 25, 2026

Business|Economy|Finance|Science|Technology

Musk says SpaceX raised $40 billion in debt deal, predicts neocloud shakeout

Elon Musk said on Sunday that SpaceX had closed $40 billion in debt financing for graphics processing units, underscoring the soaring cost of building AI computing capacity.

October 25, 2026

Crime|Economy|Election|Health

What are Brazilian voters' main concerns?

Brazilians headed to the ballot box on Sunday, in a runoff vote that pits right-wing Senator Flavio Bolsonaro, the eldest son of former President Jair

October 25, 2026

Arts|Economy|Europe

France sees another weekend of mass protests as thousands rally across Europe

October 24, 2026

Business|Economy

Home sellers are lowering their price and helping buyers to make a deal in a stagnant market

A stagnant housing market hampered by surging mortgage rates, years of soaring home prices and an economy undercut by rising inflation has many sellers stuck in limbo as homes go months without an offer

October 25, 2026

Netanyahu rebuked for plan to use crypto to bypass economic sanctions

Prime Minister Benjamin Netanyahu, who faces re-election this week, is drawing criticism from economists and political rivals after suggesting Israel

October 25, 2026

Business|Economy|Political

Rent control doomed this mayor’s re-election campaign. He has no regrets

October 25, 2026

Business|Economy|Europe|Political|Technology

Audi defends decision to stand by Trump on $4 billion US factory in Georgia

The head of German automaker Audi defended on Sunday the company's planned $4 billion investment in a new US

October 24, 2026

Arts|Economy|Europe|Food|MidEast

Beirut's $13 chicken sandwich becomes symbol of Lebanon divide

Seven years after Lebanon’s devastating financial

October 25, 2026

The midterm election outcomes that could shape Trump's final two years

Americans vote on November 3 in midterm elections that will determine who controls Congress for the final two years of President Donald Trump's term.

October 19, 2026

Business|Economy|World

Trump announces at a Georgia campaign rally that Audi will build a new auto factory in the state

President Donald Trump has announced that Audi will build a new auto factory in Georgia

October 25, 2026

Soldiers guard center of Milan as thousands of protesters march in cities across Europe

Thousands of young people marched through Italian cities like Milan, Rome, and Turin on Saturday

October 24, 2026

Business|Economy|Health

At one Atlanta restaurant, workers are family. A health insurance crisis tested that commitment

October 24, 2026

New York's archdiocese and survivors of clergy abuse agree to $800 million legal settlement

The Archdiocese of New York and attorneys for about 1,300 parishioners who say they were sexually abused by clergy have agreed to an $800 million settlement of their legal claims

October 24, 2026

Arts|Business|Economy|Environment|Food

Explosion and fire erupt at Quaker Oats plant in Cedar Rapids, Iowa; no injuries

An apparent explosion has caused a fire at a Quaker Oats plant in Iowa that the company touts as the largest milling facility in the world

October 24, 2026

How reliant is Ukraine on US support – and could Kyiv carry on without it?

October 24, 2026

Economy|Environment|Health

Iowa’s cancer problem is scrambling the midterms

October 24, 2026

Arts|Business|Economy|Europe|World

Protests sweep Italian cities amid heavy security presence, some violence reported

Protests against war and rising living costs took place in major Italian cities on Saturday, with some incidents of violence, a week after unrest erupted across the country.

October 24, 2026

Africa|Economy|Election

Nigeria's Tinubu launches re-election campaign as economic pain tests support

President Bola Tinubu formally launched his campaign for a second term on Saturday in the northern city of Kaduna, where he sought to

October 24, 2026

Arts|Economy|Political

More than 400,000 protest across France, challenging Macron as Paris clashes erupt

Clashes erupted in Paris as a mass march drew to a close Saturday

October 24, 2026

Business|Economy|Finance|Sports

LIV Golf paid $15 million to retain executives before filing for bankruptcy, court records show

LIV Golf has paid $15.6 million to retain seven executives in the three months before filing for bankruptcy

October 24, 2026

Economy|Technology|World

China urges US to halt proposed expansion of outbound investment curbs

The Chinese commerce ministry urged the United States on Saturday to stop expanding restrictions on American investments in China, saying a proposed

October 24, 2026

Business|Economy|Finance|Stock Markets

Couche-Tard proposes up to $8 billion offer for Cumberland Farms, The Times reports

Canada's Alimentation Couche-Tard proposed an offer of $7.5 billion to $8 billion for US convenience store operator Cumberland Farms, formerly known as EG Group, Britain's Times

October 24, 2026

Arts|Economy|Europe|Finance

Merz calls for unity as he warns of threats facing Germany

Chancellor Friedrich Merz called for unity in his struggling coalition on Saturday, saying Germany faced growing threats from political extremists and what he described as

October 24, 2026

Business|Economy|Environment|Travel

UAE's Ras Al Khaimah shuts all beaches as neighbours grapple with oil spill

Ras Al Khaimah authorities said on Saturday that all beaches in the emirate would be closed until further notice, a day after an offshore oil leak prompted beach closures in

October 24, 2026

Divided over Israel, Detroit Democrats unite on rising costs for midterm elections

It was her son’s eighth birthday, but Dayna Broadnax could not afford a present.

October 24, 2026

Business|Economy|Food

Halloween candy sales are off to a slow start amid high chocolate prices and affordability concerns

Halloween candy sales are off to a slow start this year as U.S. consumers grapple with high living costs and eye-popping chocolate prices

October 24, 2026

Economy|Election|Environment

As winter nears, heating oil emerges as hurdle for Republicans in US Senate races

Eighty-year-old Rick Russman of New Hampshire spent five decades as a Republican.

October 24, 2026

Business|Economy|Finance

How do you help a spouse who’s buried in debt? An expert weighs in

October 24, 2026

Business|Economy|Finance

Couple weighed down by debt gets a small inheritance. An expert gives advice on how to manage it

October 24, 2026

Voters in 2 Democratic strongholds could ban transgender girls from girls school sports

Reliably Democratic Colorado and Washington have ballot measures that would bar transgender girls from some sports competitions

October 24, 2026

Economy|Travel

This was a cost-saving way to travel the world. Then Covid changed everything

October 24, 2026

Economy|Political

Trump foreign policy hits voters in the pocketbook, imperiling Republicans in midterms

Foreign policy is rarely the deciding factor in US midterm elections, when economic considerations usually drive voters’ choices.

October 24, 2026

Economy|Election|Political

Bolsonaro and Lula clash on living costs, corruption in final Brazil election debate

Brazilian Senator Flavio Bolsonaro and President Luiz Inacio Lula da Silva sparred over the cost of living and traded personal attacks on Friday in the

October 24, 2026

Business|Economy|Finance

UK's Healey to give two state-backed lenders £20 billion capital boost in budget

British finance minister John Healey is expected to announce £20.4 billion ($27.3 billion) of additional support to the state's business lender and infrastructure bank in his budget

October 23, 2026

Arts|Business|Economy|Environment|Technology

Boeing supplier dispute has halted 777 freighter production for two months, sources say

Boeing's dispute with a small Florida-based supplier has halted production of its 777 freighter for nearly two months and disrupted output of the 767,

October 23, 2026

Arts|Economy|Finance

JetBlue creditors working with restructuring adviser PJT Partners, WSJ reports

A senior creditors group for JetBlue Airways is working with restructuring adviser PJT Partners, the Wall Street Journal reported on Friday, citing people familiar with the matter.

October 23, 2026

Business|Economy|Science|Technology

PHP Foundation 'under-funded' with one full-time staff member, director says

The discovery of two serious flaws in PHP this week set off a global scramble to keep websites safe from hackers, showing just how critical the three-

October 23, 2026

Arts|Business|Economy|Environment|Finance

Trump ends tariffs on some Canadian products, as Senator Collins faces close race

With an incumbent Maine US senator from his own party locked in a tight reelection battle, President Donald Trump signed an order on Friday to remove

October 23, 2026

Business|Economy|Technology

Amazon cloud capacity sold out through 2027, CEO Jassy says

Amazon CEO Andy Jassy said on Friday that Amazon Web Services' cloud computing capacity is largely sold out through 2027, with significant commitments extending into 2028, on

October 23, 2026

Economy|Political|World

Trump at South Florida rally revives the idea of military intervention in Cuba after Iran

President Donald Trump says U.S. warships returning from Iran could stop in Cuba

October 23, 2026

Costa Rica AG says new joint DEA ops will target politicians, businessmen

Costa Rica will deepen cooperation with the US Drug Enforcement Administration to target what the nation's newly re-elected attorney general calls "

October 23, 2026

Economy

Trump, seeking to help Maine Sen. Susan Collins, exempts some Canadian imports from his 50% tariffs

President Donald Trump is exempting some imports — including plywood sheets, packing crates and some machinery — from the 50% tariffs he slapped on $20 billion worth of Canadian products over the summer

October 23, 2026

More than $1.4 billion has been traded on prediction markets for the 2026 midterms

October 23, 2026

Wall Street loses ground under pressure from rising oil prices

Stocks fell on Wall Street as the market came under increasing pressure from rising oil prices

October 23, 2026

After previous day's slump, trading is quieter among AI shares

Big AI stocks were mixed on Friday, a day after the biggest decline in the Nasdaq Composite Index in four months, giving investors a welcome

October 23, 2026

Business|Economy|Finance|Technology

Stocks fall, but tech shares steady after selloff; oil hits highest in nearly six months

Major stock indexes ended lower on Friday even as tech shares mostly steadied, while Brent crude oil rose to its highest

October 23, 2026

Economy|Finance|Stock Markets|Technology

Wall Street closes lower to end rocky week

Wall Street's main indexes closed lower on Friday even as technology shares steadied somewhat to end a turbulent week for

October 23, 2026

Detained migrants have no constitutional right to bond hearings, US court rules

A US appeals court ruled on Friday that President Donald Trump's administration is not required under the US Constitution to give detained immigrants a chance to

October 23, 2026

Police officer who shot and killed 1-year-old boy in Mississippi has resigned, Senatobia mayor says

The police officer who shot and killed a 1-year-old boy in Mississippi when he fired into a moving vehicle while responding to a shoplifting call has resigned

October 23, 2026

Arts|Economy|Political|Travel|World

US fines Air France, KLM over flights in prohibited Iraqi airspace

The US Transportation Department said Friday it was fining Air France and KLM a total of $425,000 for operating dozens of flights in Iraqi airspace

October 23, 2026

Smith & Nephew orthopaedics deal talks with J&J fail over CEO choice, source says

Smith & Nephew held talks to merge with Johnson & Johnson's orthopaedics division but the discussions collapsed over who would run the enlarged group, a

October 23, 2026

Arts|Economy|Environment|Science|Technology

Oil prices jump $3 on Houthi attacks, oil spill, highest settlement since April

Oil prices settled more than $3 higher on Friday, their highest in nearly six months after Houthi attacks in Saudi Arabia stoked concerns over further

October 23, 2026

Economy|Finance

Consumers across party lines are fed up with high gas prices

October 23, 2026

Business|Economy|Finance|Science|Technology

Data center spending to more than double to $2.1 trillion by 2028, BofA says

Global data center spending is expected to hit $1 trillion in 2026 and more than double to $2.1 trillion by 2028, BofA Global Research

October 23, 2026

Business|Economy|Finance|Technology

Wells Fargo, Intuit latest companies to object to their shares being tokenized, document shows

Six more companies, including Wells Fargo, Arm Holdings and Intuit, will not allow their shares to be tokenized on a joint trading platform backed by

October 23, 2026

Business|Economy|Finance

Bank of Canada to raise rates to 2.50% on October 28 and once again by end-March

The Bank of Canada will raise its overnight rate by 25 basis points to 2.50% on October 28 and follow with one more hike by the end of March to pre-empt any

October 23, 2026

First Quantum readies Argentina tax-break plans for $5.3 billion Taca Taca copper project

First Quantum Minerals plans to apply before year-end for Argentina's large-investment incentive regime for its Taca Taca copper project, Foreign Minister Pablo Quirno said on

October 23, 2026

Economy

Trump says Canada 'working very hard' to make a deal with US

US President Donald Trump said on Friday that Canada is working hard to make a trade deal with the United States.

October 23, 2026

Arts|Business|Economy|Finance|Technology

Fast-fashion group Shein agrees to pay $100 million to settle US FTC probe

Chinese fast-fashion giant Shein has agreed to pay $100 million to settle an investigation by the US Federal Trade Commission over delivery

October 23, 2026

Business|Economy|Science|Technology

Barclays is latest to redirect spending toward AI as it trims its workforce

The cost of building out the infrastructure needed to satisfy booming demand for artificial intelligence is changing the way major companies allocate resources

October 23, 2026

Business|Economy|Finance|Stock Markets|US

US business activity cools in October; strong demand fueling price pressures

US business activity slowed modestly in October, though robust demand allowed companies to raise prices for goods and services, a sign that inflation

October 23, 2026

Arts|Business|Economy|Finance|World

Canada August retail sales rise 1.2%

Canadian retail sales rose 1.2% in August from July to C$74.57 billion ($53.2 billion), slightly less than expected, and were led by higher sales at

October 23, 2026

Business|Economy|Finance|Stock Markets|Technology

Wall St opens lower after AI rout; SpaceX worries hit telecoms

Wall Street's main indexes opened lower on Friday as caution prevailed after a sharp selloff in AI-linked stocks, while telecom stocks tumbled on fears that intensified competition

October 23, 2026

Business|Economy

China aims to stabilise number of new births with policy support

China should offer more support to families to stabilise the number of new births, the cabinet said on Friday, as policymakers seek to address the country's population

October 23, 2026

Business|Economy|Finance

US consumer sentiment near record low ahead of midterm elections

US consumer sentiment edged down to near a record low in October as rising prices because of the Middle East conflict soured households' views of the economy on the

October 23, 2026

Business|Economy|Science|Technology

Why AI data centers are powering a boom in fuel-cell demand

Fuel cells are gaining traction among US hyperscalers racing to build data centers for the AI boom but struggling with grid constraints to

October 23, 2026

Economy

EU vows to fix 'China Shock 2.0' via talks with Beijing

The European Union should focus on dialogue with Beijing to curb imports of products such as chemicals and machinery to rein in a

October 23, 2026

Business|Economy|Finance|Technology

Wall Street regulator to focus on AI, private assets in corporate exams

The US Securities and Exchange Commission said Friday that the use of artificial intelligence, private assets and tokenized securities would be among key areas of focus

October 23, 2026

Business|Economy|Finance

American Express profits rise; company plans to cut workforce by 5%, or about 3,500 employees

American Express profits have risen sharply in the third quarter as it transitions most members to a higher-fee Platinum Card

October 23, 2026

Economy|Political

How China's October 26 to 29 Communist Party plenum works

The elite Central Committee of China's ruling Communist Party holds a closed-door meeting in Beijing from Monday to Thursday that will set the political tone ahead of late 2027's

October 23, 2026

Economy|Political|World

Trump's diesel price relief efforts grow costlier as election nears

With the November midterm elections fast approaching, President Donald Trump is throwing an array of costly and politically fraught solutions at

October 23, 2026

Business|Economy|Finance|Stock Markets|US

Global equity funds attract inflows for a fifth consecutive week

Global equity funds attracted inflows for a fifth consecutive week in the week through October 21, as easing Treasury yields and strong early corporate earnings lifted investor

October 23, 2026

Business|Economy|Political|US

Canadian jet maker Bombardier says it plans new $270 million US investment

Canadian jet maker Bombardier plans to invest $270 million in the United States and add 300 jobs, the company said on Friday, days after President Donald Trump dropped

October 23, 2026

Business|Economy|Finance

US equity funds post inflows for a second straight week

US equity funds attracted inflows for a second consecutive week in the seven days to October 21, as easing Treasury yields and strong corporate earnings so far bolstered investor

October 23, 2026

Business|Economy|Finance|Technology

Volvo Cars shares in record plunge on widening losses, job cuts

Volvo Cars shares plunged 24% on Friday after the Swedish carmaker posted a far bigger-than-expected third-quarter operating loss, doubled its cash burn

October 23, 2026

Economy

First Russian diesel from Putin-Trump deal heading for US, data shows

The first Russian diesel bound for the US following a surprise agreement reached between Moscow and US President Donald Trump is aboard a tanker heading for New York, ship-tracking

October 23, 2026

Business|Economy|Finance

AmEx lifts 2026 profit forecast, plans to cut 5% of workforce

American Express raised its 2026 profit forecast above Wall Street expectations on Friday and announced plans to eliminate 5% of its global

October 23, 2026

Arts|Economy|World

Brazil mid-month inflation undershoots forecasts ahead of presidential runoff

Brazil's IPCA-15 consumer price index rose 0.32% in the month to mid-October, government statistics agency IBGE said on Friday, down from 0.70% in the previous month and

October 23, 2026

Business|Economy|Travel

Airfares are way up compared to last year. Don’t expect it to change this holiday season

October 23, 2026

Business|Economy|Finance|Health|Science

GLP-1 boom in China, India, Brazil could create $22 billion market by 2035, J.P. Morgan says

The combined China-India-Brazil market for weight-loss drugs could grow to $22 billion by 2035 from $6.6 billion currently, J.P.

October 23, 2026

Economy

Turkey's policy shift on track despite slower disinflation, election test awaits, S&P says

Turkey's tight monetary stance and shift away from unorthodox economic policies underpin its sovereign rating, but slower disinflation and the run-up to

October 23, 2026

Business|Economy|Finance

Citi wins licence to set up fully-owned China securities unit

China's securities regulator said on Friday it has approved a plan by Citi to establish a fully owned securities unit in the country, allowing the

October 23, 2026

Business|Economy|Europe

Volkswagen's workers threaten strikes unless it reinstates wage deals

Volkswagen workers on Friday threatened strikes from January unless Europe's top automaker reverses a recent cancellation of wage deals by the end of

October 23, 2026

Arts|Economy

US airlines favor higher fares over fuller planes as fuel costs squeeze profits

US airlines are increasingly willing to fly with empty seats rather than slash fares simply to fill them, betting that disciplined pricing and flight

October 23, 2026

Business|Economy|Finance

Gucci owner Kering drops 16% as luxury braces for tough winter

Shares in Gucci owner Kering tumbled 16% on Friday, set for their worst day ever after the group reported further sales declines but said it would stick with

October 23, 2026

Arts|Business|Economy|Technology

China's BYD plans to double capacity at Brazilian plant

Chinese electric carmaker BYD is seeking permits to double annual production capacity at its Brazilian plant to 600,000 vehicles, as it nears

October 23, 2026

Chevron uses Permian playbook to breathe life into Argentina’s ‘Dead Cow’ oil region

In a windy, remote oilfield in Argentina, Chevron is bringing in US workers, equipment and expertise, betting it can recreate the Permian Basin

October 23, 2026

Business|Economy|Finance|Stock Markets|Technology

Safety first

Markets are battening down the hatches.

October 23, 2026

Business|Economy|Finance|Technology

AI trade meets the Fed

An eye-catching week is in store as rate-setters at the Federal Reserve, European Central Bank and Bank of Japan announce policy decisions, while investors will gauge whether

October 23, 2026

Economy|Environment|Science

How close is the Amazon to a 'tipping point?' Brazil’s election could help shape its future

Brazil's presidential election could be a turning point for the Amazon, the world's largest rainforest

October 23, 2026

Business|Economy|Finance|Political

Top Trump political advisers donate fee for work on behalf of pro-Russian government after he floated firing them

October 23, 2026

Economy|Science|Technology

Bank of Japan warns of risks from AI market shock, cyberattacks

The Bank of Japan warned on Friday of rising risks caused by AI, including growing cybersecurity threats and potential market shocks, that

October 23, 2026

Economy|Finance

China's January-September fiscal revenue up 5.1% y/y

China's fiscal revenue increased 5.1% in the first nine months of 2026 from a year earlier, following a gain of 5.7% in the January-August period, the finance ministry said

October 23, 2026

Business|Economy|Finance

UK businesses report strongest month since February, PMI shows

British businesses are having their strongest month for activity since February as new orders grow and AI-related demand picks up, according to a survey published on Friday.

October 23, 2026

Business|Economy|Europe|Finance

Euro zone growth slows to 4-month low amid rising costs and French strife, survey shows

Growth across the euro zone's private sector slowed to its weakest pace in four months in October, hurt by an energy-driven rise in costs and a renewed

October 23, 2026

Business|Economy|Science|Technology|World

Japan to simulate cyberattacks as PHP flaws roil global internet

Japan said on Friday it will set up a team to simulate cyberattacks using AI to identify weaknesses in technology systems as organisations scramble to curtail risks from

October 23, 2026

New famine risk haunts war-torn Sudan with El Niño-driven drought

Across Sudan, farmers who have struggled to harvest their crops since a civil war

October 23, 2026

European stocks post weekly loss as France turmoil, oil prices dent earnings optimism

European stocks suffered their steepest weekly loss since early September, as tensions in France and higher oil prices dampened the optimism sparked

October 23, 2026

Taiwan says China using militia boats to expand 'battlefield preparation' in western Pacific

China is combining militia vessels with coast guard ships to expand "battlefield preparation" around Taiwan and into the western Pacific,

October 23, 2026

Arts|Economy|Environment|Finance

Hold, hike and cut? Bank Indonesia says there's logic to the policy mix

Bank Indonesia on Friday pushed back against criticism by some in the market that its latest policy package was confusing, saying the measures were aimed at improving how

October 23, 2026

From Buenos Aires to Colombo, discontent simmers under the surface of rebounding economies

Gustavo Raul Perez furrows his brow over a notebook at the hardware shop he has run for six

October 23, 2026

French business activity contracts in October amid political, financial pressures, PMI shows

French business activity unexpectedly contracted in October, marking a quick reversal from September's growth, a survey by S&P Global showed on Friday.

October 23, 2026

Business|Economy|Science|Technology|World

China's MiniMax completes export registration for open-source, overseas AI model licensing

AI developer MiniMax said on Friday it had completed the technology export registration with China's commerce ministry for open-source release and overseas licensing of "

October 23, 2026

Arts|Business|Economy|Environment

UK retail sales fall as consumer confidence tumbles

British consumers reined in their shopping in September as a warm start to the autumn hurt clothing sales and higher fuel prices ate into household

October 23, 2026

Business|Economy|Europe

German business activity growth softens in October, PMI shows

Germany's private sector growth softened in October as inflows of new work rose only modestly, a preliminary business survey showed on Friday.

October 23, 2026

Economy|Finance|Stock Markets|US

Wake up! The long bond's up two points!

(Corrects to fix typographical error in paragraph 5) A look at the day ahead in European and global markets from Wayne Cole.

October 23, 2026

Economy|Europe|World

Ukraine seeks to move customs checks inside EU to avoid Russian drones, FT reports

Ukraine is in talks with EU member states Poland and Slovakia about moving customs checks on lorries carrying grain exports from the border to inside those countries, to halt

October 23, 2026

Business|Economy|Technology

South Korean economy's growth likely picked up in Q3 on chip exports: Reuters poll

South Korea's economy grew slightly faster in the third quarter than in April to June, as booming semiconductor exports and AI-related investment helped

October 23, 2026