News

Tue, 13 Oct 2026 06:30:07 GMT

Rate-Rigging Conviction Overturned

Ex-Deutsche Bank trader Christian Bittar had his rate-rigging conviction quashed, becoming the eighth banker cleared after unfair trial instructions.

Tue, 13 Oct 2026 03:30:06 GMT

Goldman Sachs Upgrades Equities

Goldman Sachs raised its 3-month global stock view to "overweight," citing solid earnings and attractive valuations despite bond yield and oil risks.

Mon, 12 Oct 2026 21:30:05 GMT

Paris Motor Show 2026: EU & China Battle for Market Share

At the 2026 Paris Motor Show, European and Chinese carmakers unveil 60 models as competition spikes, amid new EU hybrid curbs and rising Chinese auto exports.

Mon, 12 Oct 2026 15:30:08 GMT

Stellantis Bets on Budget EVs for Revival

Aiming to counter Chinese rivals, Stellantis unveiled a retro €15k Citroen 2CV concept and new models at the Paris Motor Show to fuel its European turnaround.

Mon, 12 Oct 2026 12:30:11 GMT

TSMC Eyes Record Q3 Profit on AI Boom

Driven by soaring AI chip demand, TSMC is forecast to post a record Q3 profit of T$746.3B, marking a 65% jump and its sixth straight record quarter.

Mon, 12 Oct 2026 09:30:08 GMT

TotalEnergies & KKR Expand US Solar JV

TotalEnergies is adding a $1.2B, 700 MW solar portfolio to its US venture with KKR, bringing total capacity to 2.1 GW across Texas and Ohio.

Fri, 09 Oct 2026 15:30:05 GMT

Carlsberg to Shut Historic Marston's Brewery, Putting 310 Jobs at Risk

Carlsberg Britvic plans to close the nearly 200-year-old Marston's Brewery in Burton upon Trent by summer 2027.

Fri, 09 Oct 2026 12:30:06 GMT

UK Lenders Cut Mortgage Supply for First Time in Three Years

British banks tightened mortgage availability and saw falling loan demand in the quarter to August as higher interest rate expectations weighed on housing.

Fri, 09 Oct 2026 09:30:06 GMT

Nvidia-Backed Firmus Shelves $5B Australia IPO Over Valuation and Debt Concerns

Nvidia-backed Firmus pulled its $5B Australian IPO amid valuation, debt, and execution concerns, shifting to private funds ahead of a planned US Nasdaq listing.

Fri, 09 Oct 2026 08:10:08 GMT

Bitcoin Holds Above $80,000 as Impending Brazil Deadlines Loom Over Crypto

Bitcoin steadied above $80,000 following a Fed rate hike, as upcoming Brazilian regulations target cross-border stablecoin settlements and exchange licensing.

Thu, 08 Oct 2026 18:30:04 GMT

ECB May Need More Rate Hikes as Inflation Risks Rise

The ECB may hike interest rates further amid persistent upside inflation risks from energy costs, though stable core prices offer some comfort.

Thu, 08 Oct 2026 15:30:05 GMT

India Denies Bias in Satellite Approvals After Musk Jab

India dismissed claims of a biased satellite internet approval process after Elon Musk accused local "oligarchs" of blocking Starlink's launch to preserve a monopoly. The telecom ministry called the remarks baseless, noting that all three applicants—including Jio and Airtel—face identical security reviews.

Thu, 08 Oct 2026 12:30:06 GMT

US and Russia Discuss Nord Stream Revival Plans

US and Russian officials, including Jared Kushner, explored bringing US investors into Nord Stream, though Western sanctions and European opposition pose hurdles.

Wed, 07 Oct 2026 18:30:07 GMT

Iran Vows to Block Remaining Hormuz Transit Routes

An IRGC adviser said Iran will soon close "illegal" Strait of Hormuz routes used for oil smuggling, asserting full naval control over the strategic waterway.

Wed, 07 Oct 2026 15:30:06 GMT

Musk Welcomes German Support for Tesla Driver Tech in EU Push

Elon Musk thanked Germany after Transport Minister Steffen Bilger backed EU approval for Tesla's driver-assistance tech, agreeing to allow it to exceed speed limits by up to 10%. To address safety concerns and misleading naming debates across hesitant member states like France and Sweden, Tesla also offered to rebrand the system as "Tesla Assisted Driving."

Wed, 07 Oct 2026 12:30:06 GMT

EU Regulatory Stance on Brazilian Imports

The European Union has signaled a potential path to lift import suspensions on Brazilian poultry and honey following positive audit results regarding its strict food safety standards.Audit and Compliance: A recent European Commission audit found Brazil's poultry and honey production systems compliant with EU rules banning the use of antimicrobials for animal growth promotion. Regulatory Decision: EU Trade and Economic Security

Wed, 07 Oct 2026 09:30:09 GMT

Brazil Election Runoff

Flavio Bolsonaro led incumbent Lula da Silva in Brazil's first round, setting up an October 25 runoff.

Tue, 06 Oct 2026 18:30:05 GMT

Australian Consumer Confidence Hits 1990s Lows Following RBA Rate Hike

Australian consumer confidence has plunged to its lowest level since the 1990s recession following the Reserve Bank of Australia's fourth interest rate hike this year. Driven by borrowing costs reaching 2011 highs and surging fuel prices, family finances took the hardest hit, leaving mortgage holders the most pessimistic and raising concerns over declining household spending, even as job vacancies remain

Tue, 06 Oct 2026 15:30:07 GMT

BT Rescues TalkTalk in £400M Deal to Save 900 Jobs

BT has agreed to buy loss-making broadband supplier TalkTalk out of administration in a £400 million rescue deal, securing 900 jobs and 1.5 million retail customers.

Tue, 06 Oct 2026 12:30:06 GMT

Peru Aims for $149M in Australia Trade

Peru will pursue US$149M in untapped exports at Sydney's IMARC 2026 mining fair, expanding ties in metals, tech, and investment via its FTA.

Tue, 06 Oct 2026 11:20:06 GMT

Peru Mining Investment Surges 45% to $4.1B

Peru's mining investment rose 45% year-on-year to US$4.117 billion through July 2026, driven by accelerated project execution. Infrastructure and development led spending, with Arequipa capturing the largest share.

Mon, 05 Oct 2026 18:30:05 GMT

Schneider Electric to Acquire US Software Firm PTC for $22.6 Billion

Schneider Electric agreed to buy US software maker PTC in an all-cash $22.6B deal, its largest ever, expanding into industrial software and data center tech.

Mon, 05 Oct 2026 15:30:03 GMT

Goldman Sees US Data Center Boom Intact Despite Local Pushback

Goldman Sachs says US data center growth through 2027 remains intact despite rising political backlash, projecting 38% annual power demand increases.

Mon, 05 Oct 2026 12:30:08 GMT

Huawei and Qualcomm Ink Multi-Year 5G and AI Patent Licensing Pact

Huawei agreed to a multi-year patent deal with Qualcomm covering 5G and AI, including US patent sales, pushing Huawei's licensing total past $6.9B.

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