LA Post: Latest business news and finance headlines

Economy|Environment|Political

Key proposed measures in Canadian federal budget

The Canadian government released its proposed budget on Thursday, the second by Prime Minister Mark Carney.

November 05, 2026

Economy|Health

Democrats won big. But what is their mandate?

By Yasmeen Abutaleb, Nolan D.

November 05, 2026

Arts|Economy|Finance|World

Japanese savers have rediscovered interest rates and banks are feeling it

For years, Japanese savers left their cash in bank accounts that paid next to nothing because few things paid much more.

November 05, 2026

Economy|Finance

Bank of Canada and government agree to keep 2% inflation target

The Bank of Canada on Thursday unveiled a new five-year monetary policy framework with the federal finance ministry which keeps its inflation target unchanged at 2%.

November 05, 2026

Economy|Political|Technology

Democratic senator demands tech firms, FCC chair turn over documents

The top Democrat on the Senate investigative panel demanded on Thursday the head of the Federal Communications Commission and tech companies that

November 05, 2026

Business|Economy|Finance

Argentina analysts cut 2026 growth forecast, bumps inflation outlook

Analysts lowered their 2026 economic growth forecast for Argentina while bumping up inflation expectations, a central bank survey showed on Thursday.

November 05, 2026

Trading Day: A November 5 market bonfire

US stocks plunged on Thursday, led by a ferocious selloff in tech and AI-related stocks as investors reassessed implications for the AI data

November 05, 2026

Economy|Technology

Lula's election win dashes US hopes of quick access to Brazil's rare earths

The reelection of leftist Luiz Inacio Lula da Silva as Brazil's president will likely dash US President Donald

November 05, 2026

Business|Economy|Finance|Political

Canada's budget uses higher oil revenue to spend on tax incentives, infrastructure

Prime Minister Mark Carney plans to use windfall oil revenue to boost Canada's productivity and build infrastructure over the next five years while keeping his previous

November 05, 2026

Business|Economy|Finance|Stock Markets

Phones 'explode' on Wall Street as 'steamroller' shows up for the AI trade

Phones rang off the hook on Wall Street on Thursday as fear-stricken investors sought guidance from the

November 05, 2026

Hegseth allows National Guard to boost DC patrols with military vehicles, boats and patrol cars

Defense Secretary Pete Hegseth has signed off on the National Guard ramping up its presence in the nation’s capital in military vehicles and boats as troops deepen their integration with local law enforcement

November 05, 2026

A brutal sell-off for AI stocks sends Wall Street reeling, and the S&P 500 tumbles 4.4%

A brutal sell-off swept through Wall Street, led by stocks tied to the buildout of AI data centers

November 05, 2026

Business|Economy|Finance|Technology

Microsoft tightens oversight of neocloud data center projects, Bloomberg News reports

Microsoft has tightened oversight of some data center projects from neocloud providers Nebius, IREN and Nscale, Bloomberg News reported on Thursday, citing people familiar with the

November 05, 2026

Trump ally Dhillon, who remade DOJ civil rights unit, resigns

US Justice Department official Harmeet Dhillon, who reshaped the agency's civil rights unit to pursue Trump administration

November 05, 2026

Business|Economy|World

What is ueno bank and how did it trigger Paraguay's political crisis?

Paraguay's President Santiago Peña resigned on Thursday after the collapse of ueno, a prominent commercial bank with ties to his government.

November 05, 2026

Arts|Economy|Finance|Technology

Nasdaq posts biggest daily drop in 19 months on fears of AI regulations

The Nasdaq Composite ended sharply lower on Thursday, notching its deepest one-day drop in 19 months and confirming it was in a correction, as

November 05, 2026

Israel's president pledges to pick candidate on Sunday to form government

Benjamin Netanyahu's main rival secured nods on Thursday from a majority of lawmakers to try to form a government, but Israel's

November 05, 2026

Business|Economy|Finance|Stock Markets

Deep chip selloff drags global stocks lower on AI spending concerns

Global stocks fell sharply on Thursday, weighed down by a deep selloff in semiconductor shares after weak earnings from Qualcomm and concerns that a

November 05, 2026

Election over, the clock starts ticking again on landmark college sports bill in lame-duck House

Next week, Congress could begin debating a bill to overhaul college sports, amid uncertainty from recent Democratic election victories

November 05, 2026

Arts|Business|Economy|Technology

US escalates economic campaign against Cuba and targets China-based suppliers

The Trump administration has escalated its economic campaign against Cuba

November 05, 2026

Meat-packer JBS faces complaints filed in Europe over alleged links to illegal Amazon deforestation

A coalition of environmental and human rights advocacy groups has filed complaints with European authorities against JBS, the world's largest meatpacker, over alleged money laundering linked to illegal Amazon deforestation

November 05, 2026

Tankers carrying Russian diesel change course, raising doubts about shipments to US

President Donald Trump's plan to import Russian diesel is facing setbacks

November 05, 2026

Arts|Business|Economy|Environment

Renewed refinery attacks deplete Russian diesel supply as US deal in focus

Ukraine's renewed attacks on Russian oil refineries add to Moscow's difficulty in addressing domestic fuel shortages while it ships diesel to international

November 05, 2026

Economy|Finance|Stock Markets|Technology

Tech-stock rout accelerates retreat from the AI trade

Tech stocks were headed for their worst decline since June on Thursday, with the semiconductor index briefly falling by double digits in the latest autumn reckoning for the

November 05, 2026

Economy|Education|Europe

Mass protests sweep France as huge crowds demand higher wages, back students' demands

Mass protests have drawn huge crowds across France, including Paris, demanding higher wages and supporting the student protest movement

November 05, 2026

Business|Economy|Finance|Technology

Apple raises $7.5 billion from bond sale, term sheet seen by Reuters shows

Apple is raising about $7.5 billion from a seven-part US-dollar bond offering, a term sheet seen by Reuters showed on Thursday, adding to a growing number of tech

November 05, 2026

Brent crude jumps, settles up over $3 after tanker attacks

Brent crude futures settled over $3 a barrel higher on Thursday as new attacks on tankers fed worries about oil supplies while investors reassessed the

November 05, 2026

Goldman Sachs promotes 109 bankers to partner ranks but omits demographic data

Goldman Sachs elevated 109 bankers to its coveted partner ranks, marking its biggest partner class since 2010, it said on Thursday, but unlike in previous

November 05, 2026

Economy|Political|US|World

US issues new Cuba sanctions, takes aim at sectors of Cuban economy

The United States on Thursday issued a determination paving the way for sanctions on the electronics, manufacturing, marine and technology sectors of the Cuban economy.

November 05, 2026

Business|Economy|Technology

Honda to invest $602 million to expand motorcycle factory in Brazil

Japan's Honda will invest 3.3 billion reais ($602.2 million) by 2030 to expand the capacity of its motorcycle plant in Brazil, the company said in a statement on Thursday.

November 05, 2026

Economy|Science|Technology|World

Ukraine's Starshield contract with US expires next year, diplomat says

Ukraine's contract with the US government for access to its Starshield satellite network expires next year and Kyiv is urgently seeking to start talks on

November 05, 2026

Business|Economy|Finance|Technology

Companies most exposed to potential US data-center curbs after blue sweep

Democratic victories in key data-center states such as Texas and Georgia have fueled expectations of tighter AI oversight, while investors also worry that a potential extension of

November 05, 2026

Business|Economy|Finance

Fed's Hammack, Barkin favor gradual rate-hike path to lower inflation

By John Revill and Michael S.

November 05, 2026

Business|Economy|Food

General Mills eyes separation of Haagen-Dazs brand outside North America, WSJ reports

Packaged foods maker General Mills is considering separating its ice cream brand Haagen-Dazs outside of North America, and the move could lead to a sale, the Wall Street Journal

November 05, 2026

Economy|Education

Largely peaceful marches take place across France as workers stage strike

Nationwide demonstrations unfolded largely peacefully in France, despite some clashes with police in Paris and

November 05, 2026

Business|Economy|Finance

Rate-cut hopes fade in Brazil as Lula's reelection fans inflation fears

The Brazilian central bank's decision to halt a run of interest rate cuts after the reelection of President Luiz Inacio Lula da Silva has prompted some

November 05, 2026

What races the AP has not yet called in contests for Senate and governor

There are just four races for U.S. Senate and governor that The Associated Press has not yet called

November 05, 2026

Business|Crime|Economy|Political

Democrats gearing up to probe JPMorgan's relationship with Epstein, CNBC reports

Senate Democrats are preparing to investigate JPMorgan Chase's banking relationship with late convicted sex offender Jeffrey Epstein once they take control of Congress early next

November 05, 2026

Business|Economy|Finance

Standard Chartered sees another BOE rate hike in February after hawkish tone

Standard Chartered said it expects the Bank of England to deliver an additional 25-basis-point rate hike in February due to the central bank's hawkish tone following its first

November 05, 2026

Business|Economy|Finance

The average US 30-year mortgage rate falls to 7.18% this week, its third straight decline

The average long-term U.S. mortgage rate fell for the third straight week, offering some relief to prospective homebuyers facing higher home prices

November 05, 2026

Business|Economy

Dollar little changed as oil prices bounce, payrolls eyed

The dollar index was roughly unchanged on Thursday, as oil prices rebounded following a sharp drop in the prior session and investors weighed the

November 05, 2026

Business|Economy|Finance|Food

Thicker bacon and ditching breakfast. Wendy’s hopes a menu shakeup can revive sales

November 05, 2026

Business|Economy|World

Bangladesh garment protests continue despite wage board move

Garment workers staged fresh protests in Bangladesh on Thursday, forcing factories to suspend operations despite a wage board move to introduce a revised pay

November 05, 2026

Expedia shares slide as US-Iran war fallout prolongs pressure on travel firms

Shares of Expedia Group tumbled nearly 13% on Thursday after the booking platform forecast earnings below estimates, joining travel companies

November 05, 2026

SocGen to cut about 40 branches in France by 2027, source says

Societe Generale plans to close around 148 points of sale in France by 2027, according to a document presented to unions and confirmed by a person close to

November 05, 2026

Arts|Business|Economy|Europe|Technology

Airbus delivered about 74 planes in October, Bloomberg News reports

European planemaker Airbus SE delivered about 74 planes in October, Bloomberg News reported on Thursday, citing people familiar with the matter.

November 05, 2026

Business|Economy

US weekly jobless claims at 57-year lows; worker productivity surges in third quarter

The number of Americans filing new claims for unemployment benefits slipped to a 57-year low last week, pointing to labor market resilience, though

November 05, 2026

Economy|Europe|Finance|World

BoE joins the rate hike club, Australia may be done already

Several major central banks have raised interest rates this week, though they appear at very different stages of the tightening

November 05, 2026

Business|Economy|Finance|World

US worker productivity surges in third quarter

US worker productivity grew faster than expected in the third quarter, depressing labor costs and supporting views that the labor market was not a source of inflation.

November 05, 2026

Economy|Political|World

Germany proposes extra €100 million for Ukraine infrastructure

Germany is proposing to set aside an extra €100 million ($113 million) to help restore Ukrainian water, energy and transport infrastructure and bolster resilience against

November 05, 2026

Business|Economy|Finance

Paraguay Congress begins session to debate President Peña's impeachment

Paraguay's Congress on Thursday began the process of seeking President Santiago Peña's removal, following the collapse of digital lender ueno that has led to protests and

November 05, 2026

Business|Economy

Russia's GDP grew 1% y/y in third quarter 2026, central bank says

Russia's gross domestic product grew by 1% year-over-year in the third quarter, the central bank said on Thursday, adding that preliminary data suggested growth would

November 05, 2026

Economy|Finance

Bank of England raises rates for first time since 2023, warns more likely

The Bank of England raised interest rates for the first time in over three years on Thursday and warned that at least one more

November 05, 2026

Business|Economy|Finance|Stock Markets|US

Activist investor Arkhouse pushes People for share buyback, HQ sale

Activist investor Arkhouse called on Barry Diller's media company People to repurchase at least $750 million of shares through a Dutch auction tender offer and sell its New York

November 05, 2026

Business|Economy|Finance

AngloGold to invest $900 million in mine expansions

AngloGold Ashanti plans to invest about $900 million to lift annual gold production by at least 400,000 ounces by the end of the decade, largely through expansion at existing mines,

November 05, 2026

Business|Economy|Finance

Bombardier talks with Boeing over future of Belfast plant, raises free cash guidance

By Allison Lampert, Megavarshini G.

November 05, 2026

Economy|Stock Markets|Technology|US

Nasdaq falls at open after midterms-fueled surge as chip, data center stocks fall

The Nasdaq opened lower on Thursday as losses in chip and data center-related stocks weighed, while broader markets were muted after a rally in the last session on the back of

November 05, 2026

Arts|Economy|Education|Finance|World

Developing countries' external debt hit record $9.4 trillion in 2025, World Bank says

Low- and middle-income countries are borrowing more and paying more for new debt, with external debt surging 5.5% to a record $9.4 trillion in 2025, the

November 05, 2026

Business|Economy

Ralph Lauren raises outlook but shares slide as investors seek faster growth

Ralph Lauren forecast third-quarter revenue growth below Wall Street expectations on Thursday, sending its shares lower, even as the company

November 05, 2026

Business|Economy

Tankers hit in Hormuz as Iran keeps up pressure after US vote

Iran reported three more tankers had been damaged in the Strait of Hormuz on Thursday, making clear that shipping would remain in peril as long as the war in the Gulf is

November 05, 2026

Business|Economy|Finance|Stock Markets|Technology

Nasdaq set to confirm correction as AI spending worries mount

The Nasdaq slid more than 10% from its record close on Thursday, on track to confirm a correction as worries over massive AI spending and

November 05, 2026

ConocoPhillips boosts dividend after beating estimates on higher oil prices

ConocoPhillips lifted its quarterly dividend after beating Wall Street estimates for third-quarter adjusted profit on Thursday, helped by stronger

November 05, 2026

Economy|Education|Health

How Amendment 3, vaccine mandates and school vouchers will shape Florida under the leadership of Byron Donalds

Republican Gov.-elect Byron Donalds ran on the promise of continuing Gov. Ron DeSantis’ agenda.

November 05, 2026

Arts|Economy|Election|Europe|Finance

What is behind the France protests and what comes next?

France faced its latest nationwide protests on Thursday after weeks of unrest over the cost of living and public services, with trade unions and student groups mobilising

November 05, 2026

Business|Economy|Finance|World

BoE hikes rate for first time in 3 years; retreating oil prices may allow for more options ahead

The Bank of England is raising interest rates for the first time in more than three years in an effort to tackle an inflation shock stoked by the Iran war

November 05, 2026

Business|Economy|Finance|Lifestyle

Retiring with less than $1 million? Here are 8 ways to make your savings last

A successful retirement depends on income, spending, taxes, and flexibility, not a seven-figure balance

October 30, 2026

Business|Economy|Environment|Technology|World

Authorities tighten restrictions on data centres amid AI boom

Governments from New York to Amsterdam are imposing new restrictions on data-centre development as concerns grow over electricity demand, water consumption and the environmental

July 14, 2026

Business|Economy

Visa sees US holiday retail sales growing 4.5%, fastest pace since 2021

US holiday retail sales are set to rise 4.5% year-on-year in the last two months of 2026, marking the strongest growth since 2021, according to research by Visa's Business and

November 05, 2026

Kimberly-Clark's China diaper woes linger as it stands by annual outlook

Huggies maker Kimberly-Clark maintained annual sales and profit forecast on Thursday, and blamed a decline in organic sales on false claims about

November 05, 2026

Economy|Finance

Brazil's Lula to decide on fiscal measures after foreign trips, finance minister says

Brazil's reelected President Luiz Inacio Lula da Silva is expected to decide on potential fiscal measures later this month after an overseas trip, Finance

November 05, 2026

Business|Crime|Economy|Lifestyle

Would-be thief to Baltimore bartender: "I don't think you understand this is a robbery"

November 05, 2026

Arts|Business|Economy

Unemployment claims drop to 189,000, the fewest since mid-July

Fewer Americans applied for unemployment benefits last week as layoffs remain scarce and most workers enjoy job security

November 05, 2026

Economy|Environment

Flood-damaged bridge cuts off Colorado community as officials race to rebuild before winter

November 05, 2026

Business|Economy|Science|Technology

Musk bet big on keeping Texas red. What happens to his business empire now?

November 05, 2026

Georgia high school students compete for construction honors and careers at skills challenge

November 05, 2026

Republicans were punished in the midterms for Trump's economic policies, The AP Voter Poll shows

President Donald Trump was publicly humbled by inflation in the midterm elections, as public anger over rising prices caused a blistering set of losses for Republicans

November 05, 2026

Business|Economy|Finance|Technology

Qualcomm shares slump as weak smartphone chip sales overshadow data-center momentum

Qualcomm shares dropped over 9% in early trading on Thursday after the company's smartphone chip sales missed Wall Street estimates, raising concerns that weakness in its core

November 05, 2026

Business|Economy|Science|Technology

Binance hack prompted US regulators to check in on bank systems, sources say

US regulators contacted banks to check whether their systems had any vulnerabilities after last week's $6.3 billion hack of Binance, alert

November 05, 2026

Arts|Business|Economy

US tariffs squeeze Canadian cabinet makers facing doubling of Trump duty

Alain Ouzilleau spent 40 years building Cabico into one of Canada's biggest kitchen cabinet makers.

November 05, 2026

Business|Economy|Finance

Carney uses higher oil revenue to spend on tax incentives, infrastructure in second Canadian budget

Prime Minister Mark Carney plans to use windfall oil revenue to boost Canada's productivity and build infrastructure over

November 05, 2026

Business|Economy

Carlyle's third-quarter profit beats estimates on pick-up in asset sales

Carlyle Group exceeded third-quarter profit expectations on Thursday as the asset manager monetized more private equity investments and returned cash to

November 05, 2026

Deutsche Telekom says investors already pricing in SpaceX wireless threat

Deutsche Telekom is preparing for the arrival of Elon Musk's SpaceX in the U.S. mobile market, with Chief Executive Tim Hoettges saying on Thursday investors were

November 05, 2026

Oil and the blame game

As has been the case so often this year, a huge move in crude prices dominated world markets on Wednesday as investors tried to figure out the implications of the US

November 05, 2026

Gas deposits off Cyprus are an opportunity for the EU, president says

Cyprus's president says natural gas deposits off the country's coast offer the European Union a chance to boost energy security by diversifying supply

November 05, 2026

Business|Economy|Technology

Micron pauses work on $4.5 billion Taiwan plant, Bloomberg News reports

Micron Technology has suspended plans for a $4.5 billion memory chip plant in Taiwan due to an extended labor dispute, Bloomberg News reported on Thursday, citing people familiar

November 05, 2026

German chamber of commerce raises 2026 growth outlook to 1%

The German Chamber of Commerce and Industry on Thursday raised its 2026 growth outlook for Europe's largest economy to 1% from 0.3%

November 05, 2026

Housebuilding slump drags down UK construction activity, PMI shows

Britain's construction sector shrank last month at its fastest pace since June as housebuilding suffered its worst month of the year, a survey showed on Thursday.

November 05, 2026

Business|Economy|Science|Technology

China to keep anti-dumping, anti-subsidy tariffs on US n-Propanol imports for five more years

China's commerce ministry said it will keep imposing anti-subsidy and anti-dumping duties on n-Propanol (NPA) imports from the US for five years starting on Friday, two

November 05, 2026

Business|Economy|Science|Technology

OpenAI kicks off charm offensive to change voters' view of data centers

Stunning victories by Democrats in US midterm elections this week have been interpreted by many as Americans repudiating tech industry plans to

November 05, 2026

Asia|Business|Economy|US

Businesses see no near-term shift in US trade stance on Vietnam after midterms, amid record surplus

Businesses expect no near-term change in the US trade stance toward Vietnam after the midterm elections weakened President Donald Trump, as the two

November 05, 2026

Business|Economy|Finance|Technology

Nippon Steel raises FY26 profit forecast by 52% on robust US Steel earnings

Japan's biggest steelmaker Nippon Steel on Thursday raised its net profit forecast for fiscal 2026 by 52% to 440 billion yen ($2.8 billion), citing stronger-

November 05, 2026

Business|Economy|Finance|Technology

Microsoft declines option to expand Texas data center deal with Nscale, source says

Microsoft will not exercise an option to more than double the size of its existing agreement with AI cloud provider Nscale to rent more

November 05, 2026

Business|Economy|Europe|Finance

German industrial orders rise slower than expected

German industrial orders rose less than expected in September, increasing by 4.4% from the previous month on a seasonally and calendar-adjusted basis, the federal statistics office

November 05, 2026

Asia|Economy

Trump's political humbling signals short-term gain, long-term pain for China

The midterm drubbing of Donald Trump's Republicans may strengthen China's hand in trade talks with Washington, but Beijing is unlikely to

November 05, 2026

Arts|Business|Economy|World

China says US farm purchases hinge on tariff-cut deal

China is open to buying more US farm goods, but only if the two sides implement their reciprocal tariff-cut agreement, the commerce ministry said on Thursday, signalling

November 05, 2026

Economy|Election

New Zealand leaders make final appeals as election remains tight

New Zealand's party leaders made final appeals to voters on Thursday, three days before a general election that polls show is too close

November 05, 2026

Business|Economy|Science|Technology

AI sharpens cat-and-mouse hacking battle as companies strengthen defences

From hacked supermarket fridges and a record cryptocurrency theft at Binance to an emergency over flaws in widely used web

November 05, 2026

Goldilocks or gridlock?

A look at the day ahead in European and global markets from Ankur Banerjee Investors are wagering that gridlock in Washington after the stunning sweep by Democrats in the US midterm elections will be

November 05, 2026

Business|Economy|Technology

Texas data centers face uncertain future after Hinojosa wins governor’s race

Texas governor-elect Gina Hinojosa has

November 04, 2026

Arts|Australia|Business|Economy

Australia's oldest retailer David Jones enters administration as economic pressures mount

David Jones, Australia's 188-year-old department store chain, entered voluntary administration on Thursday, as rising costs, sluggish retail sales and supply

November 05, 2026

Economy

Paraguay bank crisis spurs lawmakers' calls to impeach president

Paraguay's political crisis deepened on Wednesday as opposition lawmakers pressed ahead with efforts to impeach

November 04, 2026

Business|Economy|Finance|Science|Technology

OpenAI, ready to IPO in 2027, now counts majority of sales from enterprises, Brockman says

OpenAI President Greg Brockman said on Wednesday the company now generates the majority of its revenue from enterprise sales and he believes it

November 05, 2026

Business|Economy

Democrats gain influence over trade agenda, but tariff repeals to hit Trump veto wall

Democrats' resounding sweep to a majority in Congress gives them a big microphone and spotlight to scrutinize President Donald Trump's trade policies, but

November 05, 2026

Economy|Environment|Science

Turkey’s solar boom shines ahead of a UN climate summit but coal and other fossil fuels loom large

Turkey is spotlighting its renewable energy efforts as it hosts the upcoming U.N. climate summit

November 05, 2026

Business|Economy|Finance

Bank of England poised to hike rates for first time in 3 years

The Bank of England is widely expected to raise interest rates for the first time in three years on Thursday due to mounting inflation pressures from the US

November 05, 2026

Business|Economy|Political

White House sets hearing on Fed's Cook for December 14, NYT says

The White House has scheduled for December 14 a planned hearing into allegations of mortgage fraud by Federal Reserve Governor Lisa Cook, the New York Times reported on Wednesday,

November 04, 2026

Arts|Business|Economy|Environment

BOJ debated need for more rate hikes, scope for faster moves, September minutes show

Bank of Japan policymakers saw the need to keep raising interest rates with some signalling the chance of faster-paced increases, minutes of their September

November 05, 2026

Business|Economy|Travel

JetBlue raises baggage fees for a second time as jet fuel prices stay elevated

JetBlue has raised its checked baggage fees for the second time this year

November 04, 2026

Business|Economy|Political|US

Mamdani’s tax on high-end second homes survives legal challenge for now

November 04, 2026

Business|Economy|Travel

Expedia's downbeat revenue forecast dims strong quarter on steady travel demand

Online travel firm Expedia Group forecast fourth-quarter revenue largely below Wall Street expectations, as the industry struggles with the Middle East conflict

November 04, 2026

Economy|Finance|Stock Markets

Trading Day: Oil tanks, stocks leap on US midterms

Investors put money to work on Wednesday, piling into stocks, bonds, non-dollar currencies and gold following historic US midterm elections that

November 04, 2026

Economy|Finance|World

Brazil's central bank ends run of rate cuts after Lula election win

Brazil's central bank ended a run of interest rate cuts and kept borrowing costs on hold on Wednesday as it grappled with a worsening inflation outlook

November 04, 2026

Business|Economy|Finance|Technology

Rheinmetall shares slide as investors question growth outlook after second guidance cut

Rheinmetall shares fell 13% on Thursday, the biggest decline in the STOXX 600, after the German defence group cut its outlook for a second time in three months,

November 04, 2026

Arts|Business|Economy|Finance|Technology

Chipmaker YMTC's IPO on hold as China tightens share sale approvals, sources say

Flash-memory chipmaker Yangtze Memory Technologies Co has put its Shanghai IPO on hold, according to a company memo and three people with knowledge of the matter, as Beijing tightens

November 04, 2026

Business|Economy|Finance|Sports

LIV's financial backer dropping plan for new league in 2027

LIV Golf's future is in doubt after a Financial Times report that its main investor is dropping plans for LIV 2.0

November 04, 2026

Democrats deliver a stunning rout in Texas to retake power for the first time in decades

For more than 30 years, Texas Democrats had been the party fighting for scraps in the deepest of red states

November 04, 2026

Business|Economy|Finance|Stock Markets

Dow has best post-midterm elections day in 44 years as Democrats take control of Congress

November 04, 2026

US slaps sanctions on Indian, Turkish firms and people for aiding Iran

The US Treasury issued fresh sanctions on Wednesday against companies and individuals based in India and Turkey for their support of Iran, warning that

November 04, 2026

Economy

Trump's midterm drubbing demonstrates the power of data center opponents

Data center

November 04, 2026

Arts|Economy|Europe|MidEast|Technology

Saudi, Syrian defence ministries sign cooperation agreement, SPA reports

Saudi Arabia and Syria signed a cooperation agreement between the two countries' defense ministries on Wednesday, Saudi state news agency SPA reported, as Yemen's Iran-aligned

November 04, 2026

Business|Economy|Environment|Finance|Health

3M stock soars following $7.35 billion 'forever chemicals' settlement

Shares of 3M hit an 8-1/2-year high on Wednesday after the industrial products company agreed to pay $7.35 billion to

November 04, 2026

Conservative US Supreme Court justices Thomas and Alito in spotlight after Democratic landslide

The US midterm election landslide that gives Democrats control of Congress starting in January is fueling questions about the longevity of the Supreme

November 04, 2026

Arts|Economy|Election|Europe|MidEast

Politics of fear failed to stop El-Sayed's historic US Senate win

The US president repeatedly branded him a jihadist. His Republican opponent questioned his loyalty to America.

November 04, 2026

Business|Economy|Finance|Stock Markets|Technology

Stocks surge, and the Dow soars 1,500 points as oil prices tumble following the US midterm elections

U.S. stocks soared after President Donald Trump’s party lost its sole control of Washington in the midterm elections

November 04, 2026

Economy|Environment|Political

Democrat permitting bill authors 'not going to wait' for new US Congress

The Democratic architects of proposed bipartisan energy permitting legislation said on Wednesday they would not delay the bill in hopes of securing a better deal next year when

November 04, 2026

Business|Economy|Finance|Political|Stock Markets

Brazil's Lula to reaffirm fiscal commitment in TV address, sources say

Brazil's reelected President Luiz Inacio Lula da Silva is expected to deliver a televised address on Sunday to recommit to budget discipline but without providing policy

November 04, 2026

Business|Economy|Finance|Science|Technology

Arm forecasts third-quarter revenue above estimates on AI spending boom

By Prathik Jayaprakash and Max A.

November 04, 2026

Economy|Environment|Health|Science

3M agrees to pay more than $7 billion to settle 'forever chemical' groundwater contamination claims

3M has agreed to pay up to $7.35 billion to settle lawsuits over groundwater contamination from potentially harmful chemicals in firefighting foam and other products

November 04, 2026

Arts|Economy|Election|Finance|US

Republicans confront a game-changing possibility: They can no longer count on Texas

November 04, 2026

Seven numbers that explain Democrats' US midterm triumph

Republicans suffered a sweeping midterm rout on Tuesday, losing control of Congress as voters abandoned President Donald Trump’s party

November 04, 2026

Economy|Election|Environment

How the Democratic sweep could change US energy policy

Big victories by Democrats in congressional races and beyond in midterm elections on Tuesday were a rebuke to President Donald Trump and will likely affect US energy and

November 04, 2026

Business|Economy|Political|US

Trump is still in charge, but Democrats gain leverage in coming economic debate

From tariffs to oil prices, deregulation to health policy and the freight-train expansion of artificial intelligence, Democratic control of Congress

November 04, 2026

Arts|Business|Economy

CVS to break up $117 billion business, separating pharmacies from insurance; shares fall

CVS Health said on Wednesday it will split in two, separating its retail pharmacies from the Aetna insurance business and pharmacy-benefit operations in

November 04, 2026

World shares advance as Democrats' victory eases political uncertainty

Global stocks rallied on Wednesday after Democrats seized control of both chambers of Congress in the US midterm elections,

November 04, 2026

Business|Economy|World

US slaps sanctions on Indian, Turkish firms and people for aiding Iran

The US Treasury on Wednesday issued fresh sanctions against companies and individuals

November 04, 2026

Economy|Finance|Stock Markets

Markets cheer Democratic win, betting divided Washington means fewer policy shocks

Over the past two years, the Trump administration's sweeping policy shifts in the absence of opposition from a

November 04, 2026

Economy|World

Midterms are bad for incumbents – and even worse when energy prices are high

The US economy is built on energy prices. When people’s bills are high, they tend to vote against incumbents and their parties.

November 04, 2026

Economy|Election|Political

The main parties vying to form New Zealand's next government

New Zealand votes in a general election on November 7 with opinion polls pointing to another close contest between the ruling centre-right National-led coalition and

November 04, 2026

What are the main issues and policies in New Zealand's election?

New Zealanders vote on November 7 in an election dominated by the cost of living, housing, jobs, public services and how to deal with a more uncertain world.

November 04, 2026

Economy|Election|Political|Technology

Crypto’s midterm spending spree stumbles as Democrats rack up big wins

The crypto industry's roughly $200 million spending spree this election stumbled Tuesday, as some of its most expensive and high-profile

November 04, 2026

Business|Economy|Finance|Health

CVS to split into two companies, in major breakup of its $117 billion healthcare empire

November 04, 2026

Business|Economy

US trade deficit narrows slightly in September; imports hit record high

The US trade deficit narrowed slightly in September, though imports increased to a record high amid an artificial intelligence spending spree by

November 04, 2026

Crime|Economy|Europe|Political

Ukraine's corruption police tie senior security officials to major criminal ring

Ukrainian anti-corruption investigators accused senior security officials on Wednesday of shielding a network of illegal businesses ranging from scam centres to

November 04, 2026

Economy|Environment|Political

US to loan about a third of heating oil reserve in bid to tame prices

The US Energy Department said on Wednesday it would loan 300,000 barrels of fuel oil to four companies from the nation's emergency heating oil reserve in an effort to

November 04, 2026

Business|Economy|Finance|Science|Technology

AI boom draws chip supply from other end-markets, Siltronic CEO says

An AI chip boom is redirecting semiconductor supply toward data centres and away from smartphones and PCs, constraining some end markets, Siltronic CEO Michael

November 04, 2026

Dollar declines after Democrats take US Congress in midterm elections

The dollar retreated on Wednesday but was off its earlier lows after a sweeping victory by Democrats in the US midterm elections removed a source of

November 04, 2026

Business|Economy

Irish tax revenue up 10% so far this year

Ireland's tax revenue rose 10.3% in the first 10 months of 2026 compared to a year earlier, excluding one-off proceeds from a ruling related to Apple back taxes, the finance

November 04, 2026

Business|Economy|Political|US|World

Canada says midterms won't change trade stance, sees talks with US officials

A senior Canadian cabinet minister said on Wednesday the US midterm results would not change Ottawa's stance towards trade talks with the US, adding he would speak soon to

November 04, 2026

Business|Economy|Finance

Gold heads for biggest daily gain since August as dollar weakens

Gold surged more than 3% on Wednesday, on track for its biggest daily gain since mid-August as the dollar tumbled after Democrats swept the US midterm elections

November 04, 2026

Democrats' midterm sweep fuels $750 billion Big Tech rally

Democrats' midterm election sweep sent shares in US tech giants soaring on Wednesday as investors bet that potential curbs on new data-center

November 04, 2026

Business|Economy|Finance

AI debt binge isn't crowding out Treasuries, TBAC says

AI-driven corporate borrowing isn't crowding out demand for US Treasuries, according to the latest meeting of the Treasury Borrowing Advisory Committee, which

November 04, 2026

Business|Economy|Finance|Stock Markets|US

Wall St opens higher as Democrats win Congress; data center stocks slide

US stocks opened higher on Wednesday as investors bet a divided Washington after the Democrats' midterm sweep could limit sharp policy shifts, though data center-related stocks were

November 04, 2026

Business|Economy

Canada's services PMI shows sector shrinking for fifth straight month

Canada's services economy contracted for a fifth straight month in October as trade uncertainty and rising prices weighed on activity, S&P Global's Canada

November 04, 2026

Business|Economy|Environment|Finance|Technology

AI data-center stocks slide, renewables rally after Democratic US midterm sweep

Data-center stocks slid on Wednesday, while clean-energy shares rallied after Democrats seized control of Congress, prompting investors to

November 04, 2026

Arts|Economy|Election|Finance

Election stiffens the Fed's guardrails, but independence risks remain

Democrats' sweeping midterm victory strengthens the Federal Reserve against President Donald Trump's efforts to meddle with it, with the Senate's

November 04, 2026

Dozens dead and missing after Russian strike on Ukrainian aid centre, officials say

The death toll from a Russian bombing of an aid distribution point in Ukraine's southeastern Zaporizhzhia region on Monday has risen to 40,

November 04, 2026

Health insurers, hospitals rally after sweeping midterm win for Democrats

Shares of Medicaid-focused US health insurers and hospital operators rose in early trading on Wednesday as Democrats' sweep of the Senate and House of Representatives in the midterm

November 04, 2026

Business|Economy|Finance

US services sector activity cools slightly in October; inflation remains elevated

US services sector growth slowed marginally in October amid a moderation in new orders, but supply chains remained strained, keeping prices for inputs elevated.

November 04, 2026

Business|Economy|Finance|Technology

HP picks GSK restructuring veteran Walmsley as CEO, shares jump over 6%

HP Inc on Wednesday named former GSK chief and Microsoft board member Emma Walmsley as CEO to steer the PC maker through a memory-chip crunch that has driven up

November 04, 2026

Business|Economy|Technology

From Iran to trade: how the US midterms impact the rest of the world

The US Democrats' "blue wave" of midterm election victories is already causing ripples across the rest of the world, where trade partners, strategic allies and enemies all

November 04, 2026

Uber's profit forecast disappoints as driver shortages, Middle East conflict hurt

Uber forecast fourth-quarter profit below Wall Street expectations on Wednesday, as a shortage of drivers, costlier fuel and the Middle East conflict choked ride-hailing growth from

November 04, 2026

Arts|Economy|Europe|Finance|World

ECB rate hike looks nearly certain after inflation rises to three-year high

Euro zone inflation rose to a three-year high last month on surging food and energy costs and was set to rise further in the coming months, firming up

November 04, 2026

Arts|Business|Economy|Food

McDonald's says US sales on the mend as promotions draw diners back

McDonald's said its US sales were improving on the back of promotions and marketing, following a decline in the third quarter as financially

November 04, 2026

Business|Economy|Finance|Stock Markets|Technology

Flutter pauses share buybacks to focus on cutting costs and debt

Online gaming giant Flutter will pause its share buyback programme to prioritise organic investment, deleveraging and cost-savings, its new CEO said on

November 04, 2026

Arts|Economy|Europe

Montenegro could sign accession treaty with EU in June 2027, European Commission says

BRUSSELS, Nov 4 - The European Union could conclude accession negotiations with Montenegro by the end of this year and could sign an accession treaty with the country as soon as June 2027, the

November 04, 2026

Business|Economy|Stock Markets

US Democratic win unlikely to ease firms' cost, tariff woes in near term, executives say

Global companies said on Wednesday that Democrats' capture of the United States Congress is unlikely to

November 04, 2026

Economy|Europe|Political

Ukraine needs to accelerate reforms to meet its EU accession goal, bloc’s executive says

BRUSSELS, Nov 4 - Ukraine would need to speed up reforms if Kyiv wants to meet its own European Union accession negotiation goal, the European Commission said in a report on Wednesday.

November 04, 2026

Business|Economy|Science|Technology

AI shopping agents could threaten Amazon and Walmart's ad business

By Juveria Tabassum, Nicholas P.

November 04, 2026

Trump's midterm drubbing could give trade partners room to resist

The drubbing for Donald Trump's Republicans in US midterm elections could embolden some trade partners to push back against his combative policies, although they may need to tread

November 04, 2026

Economy

Democratic sweep positive for US credit rating outlook, Scope Ratings says

The Democratic sweep of the US midterm elections is positive for the country's sovereign credit rating, Europe-based credit rating agency Scope Ratings said on Wednesday.

November 04, 2026

JPMorgan, HSBC say oil supplies are recovering from Middle East disruption

The global oil market has moved back into surplus after months of disruption caused by US-Israeli war with Iran, JPMorgan said in a note on Wednesday, while HSBC raised its forecasts

November 04, 2026

Business|Economy|Finance

US private payrolls rise in October, ADP says

US private payrolls growth increased further in October, the ADP National Employment Report showed on Wednesday.

November 04, 2026

Business|Economy

US Treasury shifts language, opening door to auction size changes

The US Treasury Department on Wednesday altered its language regarding future auction sizes in a shift that analysts expect will

November 04, 2026

Business|Economy|Finance

Canada's trade surplus widens to more than four-year high in September

Canada posted a trade surplus of C$5.35 billion ($3.83 billion) in September, the highest since May 2022, data showed on Wednesday, helped by gold and

November 04, 2026