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Latest news from trusted sources around the world

Economy Bloomberg
Huntington Bancshares CEO Stephen Steinour on 3Q Results

Huntington Bank shares were little changed after the company reported revenue below expectations and earnings per share in line. CEO Steve Steinour said the results …

Economy Bloomberg
A Tesla-SpaceX Merger Doesn’t Add Up

Elon Musk is eager to consolidate Tesla and SpaceX, but recent earnings numbers show how odd that merger would be, Bloomberg Opinion columnist Liam Denning …

Economy Financial Times
Airfares will not return to pre-Iran war levels, American Airlines warns

Some industry chiefs say travellers should expect a further rise in ticket prices next year

Economy Financial Times
Nasdaq tumbles while Treasuries soar as Meta rekindles AI spending fears

Social media group’s market value sinks by $124bn after it says it will raise ‘hundreds of billions of dollars’ in coming years

Economy Financial Times
UK waters down ‘fit and proper’ rules set up to hold bankers …

Existing regulatory regime was instrumental in actions against former Barclays boss Jes Staley and hedge fund owner Crispin Odey

Economy Financial Times
Blackstone cuts property valuations as higher rates hit returns

Group’s president Jonathan Gray says rising market volatility stalled a quick payout of cash to investors through IPOs

Economy Financial Times
Trump ordered to face BBC questioning in $10bn defamation lawsuit

President must appear by December 11 after attending campaign rally on date previously set for his deposition

Economy Financial Times
Macron warns some protests will be banned

French president says labour unions can hold marches on Saturday but not other activists in effort to prevent more rioting

Economy Financial Times
Ecuador opposition leader arrested in money laundering investigation

Detention comes as president has been criticised for expanding campaign against drug traffickers to include rivals

Economy Bloomberg
New ETFs to Watch: A $2.5 Billion Launch, Anthropic and S&P 10,000, …

In this episode of Trillions, we look at a fund that echoes Warren Buffett’s advice and a European product offering synthetic exposure to Anthropic.

Economy Bloomberg
Stocks Fall as Meta and Tesla Earnings Fail to Support AI Trade

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better …

Economy Bloomberg
Houthis Step Up Attacks on Saudi, Sending Oil Higher

Iran-backed Houthi rebels in Yemen step up their attacks on Saudi Arabia. Saudi Aramco had to evacuate its headquarters and the kingdom is on alert …

Economy Financial Times
Germany’s Merz warns of ‘intense’ Russian espionage after arrest

German authorities detain Ukrainian national suspected of passing on intelligence about military sites and arms manufacturers to the Kremlin

Economy Financial Times
Trump’s tourism push fails to lure visitors

Number of tourist arrivals in US continues to drop following football World Cup

Economy Financial Times
Meta agrees deal to keep Zuckerberg in California despite wealth tax proposal

Group to create new class of non-voting shares to allow stock sales without diluting founder’s control

Economy Financial Times
Shell and Exxon’s $8bn UK chemicals unit put up for sale

Infineum taps advisers at Bank of America to run a sale of the business as Shell focuses on core oil and gas operations

Economy Financial Times
ECB on course for another rate rise in 2026

Read the October scenario by the FT’s Monetary Policy Radar team

Economy Bloomberg
Nigeria Sees 2026 Fiscal Deficit Below Target as Rates Fall

Nigeria expects its federal fiscal deficit to come in below target this year as higher revenue and lower borrowing costs ease pressure on the West …

Economy Bloomberg
Price of Physical Oil Barrels Slides Just as Crude Futures Rally

The oil market is suddenly being gripped by a divergence between futures and physical prices, something that’s playing out in two closely watched versions of …

Economy Bloomberg
French Bond Stress Deepens as Spreads Widen to 15-Year High

French bond stress intensified as a broad flight from risk and the threat of another round of weekend protests reinforced the country’s status as the …

Economy Bloomberg
Indonesia Eyes $1.5 Billion Panda Bond as It Confronts MSCI Risk

Indonesia is seeking to raise as much as 10 billion yuan ($1.5 billion) through a panda bond sale, returning to China’s onshore debt market as …

Economy Financial Times
Fixing Britain’s welfare state and the limits of AI policymaking

Dependence on the technology risks worsening what Starmer dubbed ‘the warm bath of managed decline’ in Whitehall

Economy Financial Times
Nestlé removes Russian business from accounts after Kremlin takeover

Swiss group takes $1.95bn net assets from its balance sheet after presidential decree to control business

Economy Financial Times
Ukraine to buy military supplies via Nato agency

Agreement could allow Kyiv to speed up delivery of ammunition and weapons at lower cost

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