Business
Nasdaq Rises 1.18% as Semiconductor Rally Lifts US Stocks; Oil Falls Below $100
US stocks closed higher on October 27, led by technology and semiconductor shares as investors weighed AI-related developments, corporate earnings…
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China Shenhua Q3 Revenue Rises 10.9% to 106.69 Billion Yuan as Coal and Power Margins Diverge
China Shenhua Energy reported third-quarter 2026 revenue of RMB 106.69 billion, up 10.9% year on year, while profit attributable to…
Business
Kotak Mahindra Bank Q2 Profit Rises 26% to ₹5,645 Crore as Loan Growth Offsets Margin Pressure
Kotak Mahindra Bank reported a 26.3% year-on-year rise in consolidated profit after tax to ₹5,645 crore for the second quarter…
Business
Brazil Markets Plunge After Lula’s Election Victory as Ibovespa Falls 13.88% and Real Weakens
Brazilian financial markets suffered their steepest losses in years on October 26 after Luiz Inácio Lula da Silva won reelection…
Business
Devon Energy Tests $51.70 Breakout Level Before Shares Retreat Below the Pivot
Devon Energy shares briefly moved above a reported $51.70 technical buy point on October 26, but the stock fell to…
Business
European Stocks Slip as HSBC Sell-Off Hits Banks and Oil Prices Stay Near $115
European stocks edged lower on October 27 as HSBC’s weaker-than-expected revenue weighed on the banking sector and pulled major indexes…
Business
HSBC Shares Slide 6% After Revenue Miss Overshadows 32% Jump in Quarterly Profit
HSBC reported third-quarter pretax profit of $9.6 billion, up 32% year over year, but revenue of $18.6 billion fell short…
Business
Meta Expands Planned AI Financing to $97.5 Billion as Major Chipmakers Show Investment Interest
Meta Platforms has expanded its planned equity financing framework to as much as $97.5 billion to support its infrastructure and…
Business
Why Mining Companies Want Revenue Beyond Traditional Industrial Commodities
Mining companies are expanding into recycling, mineral processing, technology and specialised materials to reduce commodity risks and capture value
Business
Asian Stocks Rally as Anthropic IPO Filing and Big Tech Earnings Revive AI Optimism
Asian markets advanced on October 27 as investors responded to renewed AI optimism and prepared for major US technology earnings.…
Business
Brazilian Markets Plunge After Lula’s Reelection as Ibovespa Falls Nearly 14%
Brazilian financial markets suffered a sharp sell-off on October 26 after President Luiz Inácio Lula da Silva defeated Flávio Bolsonaro…
Business
South Korea’s Q3 GDP Grows 1.0% as Semiconductor Exports and Investment Lead
South Korea’s economy expanded 1.0% in the third quarter of 2026, beating market expectations as exports and investment strengthened. The…
Business
Six Flags Plans Seat-Belt Upgrades After Fatal Goliath Roller-Coaster Accident
Six Flags says it will add seat belts to Goliath at Six Flags Over Georgia and other roller coasters with…
Business
Pick n Pay Narrows Half-Year Loss by 31.9% as Boxer Drives Growth
South African retailer Pick n Pay reduced its half-year headline loss by 31.9% to R299 million for the 26 weeks…
Business
Netanyahu’s Crypto Sanctions Proposal Draws Pushback From Bank of Israel
Israeli Prime Minister Benjamin Netanyahu has drawn criticism for saying that cryptocurrency and blockchain technology might be used in plans…
Business
UNCTAD Warns of Widening Development Investment Gap as New Projects Decline
The United Nations Trade and Development organization, known as UNCTAD has said that higher amounts of investments are hiding a…
Business
How Persistent Inflation Is Changing the Way Consumer Brands Set Prices
Brands are moving from broad price hikes to smaller packs, mix and targeted promotions as costs rise again. Here is…
Business
Wall Street Questions Whether AI Spending Can Deliver the Returns Investors Expect
Wall Street is going into an earnings week where people are looking closely to see if the huge amounts of…
Business
UN-Backed World Investment Forum Opens in Doha With Focus on AI and Sustainable Finance
The ninth World Investment Forum started in Doha, Qatar on October 25. It brought together policymakers, investors and business leaders…
Business
Saudi and Egyptian Stocks Slide as Houthi Conflict Raises Regional Risk
Saudi Arabia’s and Egypt’s stock markets dropped sharply on Sunday, October 25 as fighting involving Yemen’s Houthi movement grew stronger.…
Business
Corona Tops YouGov’s US Beer Popularity Ranking, Ahead of Guinness and Budweiser
Corona is number one in YouGovs quarter 2026 US beer popularity ranking. Sixty percent of people who were asked said…
Business
Saudi Aramco Seeks International Partnerships to Expand Strategic Oil Storage and Diversify Export Corridors
Saudi Aramco is seeking foreign partnerships to expand overseas oil storage and explore alternative crude export routes amid geopolitical supply…
Business
Norway’s Wealth Fund to Oppose MPS’s Italian Banking Deals
Norges Bank Investment Management, which manages Norway’s wealth fund will vote against Monte dei Paschi di Siena’s plans to acquire…
Business
Barclays Announces 5,000 Job Cuts as Technology-Driven Restructuring and AI Automation Accelerate
Barclays plans to cut around 5,000 jobs by the end of 2026 as AI and technology drive restructuring, despite a…