10:09
Wall St slips as uncertainty surrounds U.S. election
U.S. stocks dip as election nears, with Trump and Harris in a tight race and investors bracing for Fed policy news.
19:00
Boeing shares rise as planemaker makes new wage offer to end strike
Boeing boosts wage offer to 33,000 striking workers with a 38% raise over four years and a $12,000 bonus, aiming to end a seven-week strike that has stalled key aircraft production.
12:00
Boeing strike barrels on as workers reject wage deal
Boeing factory workers voted to reject a contract offer and continue a more than five-week strike
14:49
Gold glitters as US election nerves grow, strong dollar dents stocks
Gold surged to record highs, defying the strong dollar, while global stocks dipped as investors remained cautious ahead of the U.S. election. With rising U.S. Treasury yields and potential market volatility, attention turns to the economic impact of election outcomes.
10:35
IMF, World Bank meetings clouded by wars, slow economic growth, US election
Global finance leaders meet in Washington this week to address global growth, debt, and green energy amid uncertainties from conflicts, a slowing Chinese economy, and the potential impact of the U.S. election on trade and climate policies.
08:00
Meta lays off employees at WhatsApp and Instagram, the Verge reports
Meta has laid off staff across Instagram, WhatsApp, and Reality Labs to align with long-term goals.
10:12
Oil falls 2% as OPEC cuts oil demand growth view, China concerns
Oil prices fell 2% as OPEC downgraded its global demand forecast and China's oil imports dropped for the fifth consecutive month. Concerns over Israeli-Iran tensions also weighed on markets, with Brent settling at $77.46 per barrel and WTI at $73.83 per barrel.
16:49
Ryanair Trims Passenger Target Due to Boeing Delays
Ryanair has trimmed its passenger growth target for the year ending March 2026 from 215 million to 210 million due to Boeing delivery delays. Despite a reported after-tax profit of 1.79 billion euros, average fares dropped by 10% this year.
11:59
China Proposes Alternatives to EU Electric Vehicle Tariffs
As the EU considers new tariffs on Chinese electric vehicles, China is open to alternatives and welcomes the EU's delegation for discussions amid rising opposition among member states.
12:48
Ryanair trims passenger target on Boeing delays, says fare falls easing
Ryanair cut its passenger target for March 2026 from 215M to 210M due to Boeing delays. Profits fell 18% to 1.79B euros as fares dropped, though CEO Michael O'Leary says declines are easing. Ongoing Boeing strikes may further impact deliveries.
15:46
CEO: VW cost cutting necessary after 'decades of structural problems'
Volkswagen's opens new tab planned cost-cutting programme was unavoidable in order to remedy "decades of structural problems" at the German carmaker, CEO told
07:05
Harris campaigns in Michigan, Trump hits eastern battleground states
Democratic presidential candidate Kamala Harris campaigns in Michigan on Sunday while her Republican rival Donald Trump stops in three eastern battleground states just two days before elections
19:05
Harris and Trump locked in tight race in swing states, NYT/Siena poll shows
Democratic candidate Kamala Harris and Republican Donald Trump remain in a tight race in the country's seven battleground states
14:49
Spain deploys 7,500 troops to flood zone
Spain is deploying 7,500 troops to its eastern region hit by deadly floods, where at least 217 people have died
15:19
Nobel Prize in Economics awarded to trio for explaining global inequality
Daren Acemoglu, Simon Johnson, and James A. Robinson won The 2024 Nobel Prize in Economics for their inspiring research on “ How institutions are formed and affect prosperity”
11:55
Elon Musk unveils two-door robotaxi
Tesla CEO Elon Musk unveiled a futuristic robotaxi with gull-wing doors and no steering wheel or pedals, aiming for a 2026 production at under $30,000.
08:57
US considers to break up Google's search dominance
The U.S. DOJ's proposed remedies to break up Google's search dominance could weaken its core business and impact AI advancements.
10:46
US companies hit pause on Florida Ops as hurricane Milton approaches
Airlines, energy firms and a Universal Studios theme park were among the companies beginning to halt their Florida operations
20:00
Mark Zuckerberg becomes second richest in the World, overtaking Jeff Bezos
Mark Zuckerberg has surpassed Jeff Bezos as the world's second richest person, with a net worth of $206.2 billion.
18:30
Resilient Turkish inflation tempers rate cut expectations
Turkish annual inflation dropped to 49.38% in September, but a higher-than-expected monthly rate of nearly 3% raised caution from the central bank. With the policy rate now above annual CPI, analysts predict interest rate cuts may not begin until next year despite earlier expectations.
15:49
Oil climbs on prospects of wider Middle East war
Oil prices rose on Thursday amid concerns that escalating Middle East tensions could disrupt crude supplies, though strong global supply capped gains. Brent crude hit $75.31, with fears growing over potential Israeli strikes on Iran. Rising U.S. inventories suggest the market remains well supplied.
08:05
OpenAI gets US$6.6 billion in new funding
OpenAI has secured $6.6 billion in funding, potentially valuing the company at $157 billion. Despite recent leadership changes, investor confidence remains strong, with projections of $3.6 billion in revenue this year and expectations for significant growth ahead.
08:12
Dollar firm as war widens in Middle East
The U.S. dollar surged on Wednesday following an Iranian missile attack on Israel, as investors sought safe-haven assets amid rising tensions. The dollar index climbed 0.5% to 101.2, driven by strong U.S. job openings data and concerns over Middle East conflict.
05:20
Amazon wins partial dismissal of US antitrust lawsuit
Amazon wins a partial dismissal of the FTC lawsuit accusing it of monopolistic practices, though key details remain sealed. The FTC claims Amazon used anti-competitive tactics to dominate online marketplaces. The case will proceed in two parts, with some allegations allowed to continue.