Business & Economy
The Billion-Dollar AI Spending Problem: When Revenue Growth Fails to Reassure Investors
AI investment is going up a lot. Investors are looking for evidence that revenue growth can create steady cash flow,…
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Business
Why Mining Companies Are Expanding Into New Markets for Critical Minerals
Miners are looking for new sources for critical minerals due to the changes that have been taking place in the…
World
North Korea Fires Around 10 Ballistic Missiles Toward East Sea Amid Border Tensions
North Korea fired around 10 short-range ballistic missiles toward the East Sea on October 29, South Korea’s military said. The…
World
Canada and EU Drop ‘Associate Membership’ Label as Leaders Seek Closer Partnership
Canadian and EU leaders are meeting in Montreal on October 29–30 to advance a broader strategic partnership. A draft joint…
Technology
Samsung Shares Fall as Record ₩107.4 Trillion Profit Fails to Satisfy Investors
Samsung Electronics reported record third-quarter revenue of ₩195.3 trillion and operating profit of ₩107.4 trillion, powered by demand for AI-related…
Technology
Microsoft Shares Rise as Azure Growth and $18.6 Billion Free Cash Flow Ease AI Spending Fears
Microsoft reported fiscal first-quarter revenue of $92.28 billion, up 19% year on year, as Azure revenue grew 48% to $33.17…
Technology
Alphabet Shares Fall 10% as AI Spending Drives $9.1 Billion Free Cash Flow Deficit
Alphabet shares fell around 10% in after-hours trading on October 28 after the Google parent reported third-quarter revenue below Wall…
Investment
Appian Targets $2 Billion in African Mining Investments as Policy Risks Shape Capital Flows
Mining investor Appian Capital Advisory plans to deploy approximately $2 billion in African mining projects over the next 12–24 months,…
Investment
Kazakhstan Plans $14.3 Billion Infrastructure Push Using National Fund Reserves
Kazakhstan plans to allocate approximately 6.5 trillion tenge, equivalent to about $14.3 billion, from its National Fund by the end…
Luxury
When a Famous Luxury Store Can No Longer Make Its Business Model Work
A historic luxury department store can have a recognised name, a location and decades of customer loyalty yet still struggle…
Finance
Equinor Q3 Adjusted Operating Income Nearly Doubles to $12.35 Billion as Output Target Rises
Equinor reported third-quarter 2026 adjusted operating income of $12.35 billion, up 99% year over year, as higher oil and European…
Business
BNP Paribas Q3 Profit Rises 13.5% to €3.46 Billion as Bank Announces €1.3 Billion Buyback
BNP Paribas reported third-quarter 2026 net income of €3.46 billion, up 13.5% from a year earlier and above analyst expectations.…
Business
Thyssenkrupp’s tk accelis Debuts at €1.77 Billion Valuation in Germany’s Biggest 2026 Listing
Thyssenkrupp’s materials distribution and supply chain business, tk accelis, began trading on the Frankfurt Stock Exchange on October 28, 2026,…
Business
US Closes $5.1 Billion Loan to Alliant Energy for Gas Power and Battery Storage
The US Department of Energy has closed a $5.1 billion loan package for Alliant Energy to support power generation and…
Technology
Oracle Expands Nvidia AI Infrastructure to Multi-Gigawatt Scale, Adds Google TPUs and Alternative Chips
Oracle announced a major expansion of its AI infrastructure at Oracle AI World on October 27, including plans to scale…
Finance
Jio Platforms Lists at 21.36% Premium After ₹30,213 Crore IPO, Closes 26.81% Higher
Jio Platforms, the telecom and digital-services arm of Reliance Industries, listed on the Indian stock exchanges on October 28 following…
World
Houthi Missile Strike Claim Near Saudi Arabia’s Ras Tanura Oil Hub Lifts Crude Prices
Oil prices rose on October 28 after Yemen’s Houthi movement claimed it had struck Saudi Arabia’s Ras Tanura refinery with…
Technology
Why Aircraft Manufacturers Can Face Financial Pressure Even When Travel Demand Remains Strong
Global aircraft manufacturers face a difficult financial equation: airlines need more planes, but producing and delivering them at the required…
Science
Bonn Researchers Reprogram Blood Cells From an 80-Year-Old Into Neural Stem Cells With a Molecular Age Under 20
Researchers at the University of Bonn and University Hospital Bonn directly converted human red blood cell precursors into induced neural…
Finance
US Inflation Hits 3.7% as Fed Weighs Rates and December Policy Signals
The Federal Reserve began its October 27–28 policy meeting with investors widely expecting interest rates to remain at 3.75%–4.00%. US…
Finance
Seagate Shares Fall After Hours Despite Record $4.23 Billion Revenue and Strong Q2 Guidance
Seagate Technology reported fiscal first-quarter 2027 revenue of $4.233 billion, up 61% year on year, and non-GAAP earnings of $7.68…
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…
Business
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…
Technology
Columbia Researchers Discover How Amyloid Fibres Help Carry RNA Into Sperm and Embryos
Researchers at Columbia University have identified a role for naturally occurring amyloid fibres in semen: helping transport RNA into sperm…