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US inflation, EU budget dispute, Honda recall

US consumer prices increased 0.4% in October, a slower rise than in September but slightly above expectations, with the Federal Reserve expected to consider another interest-rate increase in December. Germany’s chancellor has made progress on the EU’s next budget conditional on all member states participating in Ukraine financing, an issue leaders are due to discuss in November. Honda is recalling 635,808 US vehicles over steering software, with dealers offering free reprogramming.

Also in this edition

Business dailycovering Published By AveNews SI desk4 minBusiness

Written by AveNews superintelligence (SI) from AveNews articles and their sources.

A grocery basket sits beside a BLS sign with bars labeled “Sep 0.6%” and “Oct 0.4%.” A checkout terminal and calendar are in the background. SI illustration
Table of contents

Economy

Companies

Trassa shuts all 53 of its Moscow-region gas stations

Trassa’s Moscow-region stations have closed as their property owner takes them back. Employees are accruing reduced pay but are not receiving it, and a court is due to consider a bankruptcy petition against operator EuroTrans.

Markets

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Also today

Economy

  1. Armenia’s prime minister presents 2027 budget draft to committees

    Illustration of three people examining blank sheets at a table, with two others seated in the adjoining room. SI illustration

  2. Thailand’s cabinet approves online import tax rise of up to 30%, minister says

    Painted parcels sit on a conveyor belt behind a red-and-white barrier, beneath a Thai flag and a red-and-gold Garuda emblem. SI illustration

  3. Japan’s PM Takaichi plans to use fund-sale revenue for growth

    A painted woman speaks at a lectern beside a Japanese flag, with small images of financial charts, a building, infrastructure and technology behind her. SI illustration
Show 5 more

  1. EU house price-to-income ratio rises 6.8% over a decade, Eurostat says

    A painted row of orange houses recedes into the distance above layered yellow sheets, beneath the Eurostat wordmark and EU flag. SI illustration

  2. EU annual full-time-adjusted salary rises 4.3% to €41,500 in 2025

    A painted Eurostat chart on a desk shows €39,800 for 2024 and €41,500 for 2025, with a 4.3% rise and an upward arrow. An EU flag hangs behind it. SI illustration

  3. EU investors' stocks outside the bloc fell 2.3% in 2025

    A painted EU flag stands beside a world map, with stacks of pale rectangular blocks over North America. SI illustration

  4. EU benefit spending reached €5.18 trillion in 2025, Eurostat estimates

    An EU flag and Eurostat logo hang above two rising stacked bars with icons of older people, hospitals and groups of people. SI illustration

  5. EU non-household gas prices average €0.06 per kWh in first half of 2026

    A painted industrial building stands behind yellow gas pipes and a meter. A large Eurostat sign above them displays three blue bars and the EU flag. SI illustration

Companies

  1. France’s prosecutors investigate Iranian unit over supermarket hacks

    Overhead illustration of two people handling wrapped food packages beside refrigerated store shelves and two wheeled bins; part of the display is empty. SI illustration

  2. Serbian court opens Alta Banka bankruptcy proceedings

    A painterly overhead view of four people gathered around a table, handling white envelopes arranged in piles. SI illustration

  3. US Justice Department sues Lyft over disability discrimination

    A painted scene shows a wheelchair user with a harnessed dog outside a columned building, beside a white car bearing a pink Lyft logo. SI illustration
Show 20 more

  1. US FBI investigates matter involving Nvidia CEO Jensen Huang, Trump says

    A painted portrait of Jensen Huang in a suit behind a laptop, with the FBI seal on the left and the NVIDIA logo on the right. SI illustration

  2. SpaceX proposes $24 billion power and computing project in Texas

    A SpaceX wordmark above pale blue outlines of industrial buildings and smokestacks, set over a painted coastal landscape. SI illustration

  3. Mitsui Chemicals plans 1.84 trillion yen JSR acquisition

    A painted industrial complex with tanks and pipes, a large blue JSR sign, and an elevated walkway ending between two structures. SI illustration

  4. David Jones enters administration, putting thousands of jobs at risk

    A painted low-angle view of a woman holding papers and a gray shirt on a hanger in a clothing store, with another woman among racks behind her. SI illustration

  5. Apple team visits India plant after 3 reported deaths

    A painted white industrial building with a blue Tata sign, glass entrance, trees and shrubs along an empty drive. SI illustration

  6. Armenia’s enforcement officers suspend gas stations in Sisian and Shaki

    A painting of two gas stations with lowered barriers beside a winding mountain road, with an Armenian flag between them. SI illustration

  7. Greece orders 7 VIKING patrol vessels for €23.8 million

    A painted scene shows hands holding a pen over a blank document beside a drawing of a patrol boat, with a Greek flag in the background. SI illustration

  8. Toyota commits $34 million to Indiana mini trucks, plans 50 jobs

    A white mini flatbed truck inside a bright factory, with a large Toyota logo and an American flag on the walls. SI illustration

  9. Fujitsu wins £9.6 million UK emergency alerts extension

    A painted phone displays a warning triangle, with a glowing ribbon linking smaller phones to a Fujitsu building. A UK Government banner and London skyline appear behind it. SI illustration

  10. Chipmaker TSMC approves up to $500 million for Anthropic shares

    A painted chip wafer bearing the red TSMC wordmark sits beside two copper traces pointing toward panels labeled Anthropic and OpenAI. SI illustration

  11. Spain’s privacy watchdog opens TikTok probe, rejects block

    A smiling woman in a light blazer stands beside a desk with a folder, Maldita.es papers and a phone displaying the TikTok logo. An open doorway leads to an arched hall. SI illustration

  12. Vodafone plans 2,300 German job cuts as it reports €4.79 billion loss

    Illustration of headset-wearing staff at computers beneath a Vodafone logo, with empty desks behind them and a German flag visible through the window. SI illustration

  13. Bandai Namco decides to dissolve game studio Reflector

    A Bandai Namco folder sits beside boxes holding a drawing tablet, color swatches and a game controller, with papers and notebooks on a desk overlooking a snowy city. SI illustration

  14. Turkey’s two new oilfields began production in October, Erdoğan says

    Illustration of Recep Tayyip Erdoğan in front of a mountainous landscape with two wellheads, pipes and a Turkish flag. SI illustration

  15. Liverpool opens its second Nordic store in Oslo with Unisport

    A painted storefront in a glass-roofed arcade has L.F.C. and Unisport signs, with red shirts and scarves on display and shoppers inside. SI illustration

  16. UK awards 18 contracts to firms linked to Israeli settlements

    Folders bearing the Heidelberg Materials logo sit by a window overlooking road resurfacing machinery and a UK flag. SI illustration

  17. Qantas signs Accenture deal as 850 Australian jobs face cuts

    A woman and a man sign a paper at a table beneath Qantas and Accenture wordmarks, with five people standing behind them. SI illustration

  18. US regulator reaches proposed price settlement with Stream Auto

    A painted scene shows a silver sedan and a blank red-bordered sign in front of a large columned building with a rounded corner. SI illustration

  19. Tripwire Interactive cuts 36 jobs in second round of layoffs

    A painted open-plan office with rows of computer desks, several people near the windows and a large yellow-and-black Tripwire logo on the wall. SI illustration

  20. Apple plans 5 developer academies in Turkey

    A painted waterfront scene shows a modern glass-fronted building beneath a large Apple logo, with a ferry, tower and domed mosque across the water. SI illustration

Markets

  1. Japan investors buy net 493.9 billion yen ($3.1 billion) in foreign bonds in October

    A painted Japanese flag hangs beside blank sheets scattered across a wooden floor, with a city skyline and autumn trees visible through large windows. SI illustration

  2. Brent settles 5.85% lower as Trump plans to pause new Iran strikes for now

    A painted portrait of Donald Trump beside a black oil barrel, with an Iranian flag and storage tanks in the background. A red arrow slopes downward across the scene. SI illustration

Startups & Venture

  1. Anthropic aims to raise up to $64.4 billion in public offering

    Three people face an Anthropic wordmark in a sunlit room, with large sheets and stacks of paper on a wooden table. SI illustration

  2. Mercor raises $750 million at a $20 billion valuation

    Illustration of people seated at desks with papers and computers in a sunlit room, beneath a large purple M-shaped emblem. SI illustration

  3. Staera raises $4.6 million for optical chip connections

    A painted circuit board with four dark chips connected by glowing golden paths against a deep blue background. SI illustration

Reports on this date

  • An FDA sign stands behind boxes showing injection pens. An orange panel with an eye symbol and two arrows hangs above the largest box. SI illustration
    AveNews

    GLP-1 warning requirement, Trinidad and Tobago ruling, Bulgaria highway closure

    The US drug regulator is requiring warnings across GLP-1 medicines after finding a possible link to a rare cause of vision loss. Trinidad and Tobago’s final appeal court has removed criminal restrictions on private, consensual same-sex relations between adults. Bulgaria’s prime minister says 12 people died in two highway pile-ups, and the road remains closed pending vehicle removal.

    Daily report · covering

    3 min27 sources

  • A painted desktop monitor displays a blue and yellow circular arrow beneath the Google wordmark. A keyboard, potted plant and mug sit on the desk by a window. SI illustration
    Technology

    Chrome security fix, Apple privacy updates, Australia’s proposed reporting rules

    Google has released a fix for a high-severity Chrome flaw used in attacks, available to desktop users through a browser update and relaunch. Apple’s updates address two vulnerabilities that could expose group messages. Australia has accepted recommendations for planned superintelligence (SI) incident-reporting and model-evaluation requirements.

    Daily report · covering

    4 min21 sources

  • A painted FDA logo beside three white boxes, with an eye symbol on an orange band wrapped around the largest box. SI illustration
    Science

    GLP-1 warning, Scotland’s blood alert, California research bond

    The US drug regulator is requiring a warning about a possible link between GLP-1 medicines and a rare cause of vision loss, with patients advised to contact a health care professional immediately for sudden vision loss, blurred vision or blind spots. Scotland’s blood reserves fell below target, triggering hospital conservation measures. California voters approved $8.4 billion in research borrowing that the state will repay with interest.

    Daily report · covering

    4 min24 sources

  • A laptop displaying the PlayStation Plus symbol sits beside a white game console, with a glowing ribbon between them and a Sony sign on the wall. SI illustration
    Culture

    PlayStation PC streaming closure, GTA VI on Xbox One, Naga remains handover

    Sony plans to end streaming through the PlayStation Plus PC app, while retaining access on supported PlayStation hardware. Xbox plans launch-day GTA VI streaming on Xbox One, with the game sold separately. Oxford has handed Naga leaders ancestral remains of 39 people so the community can arrange their return to India and planned burial.

    Daily report · covering

    4 min33 sources

  • A painted portrait of a bearded man above an empty racetrack, with an FIA logo on a building and the flags of Qatar and the United Arab Emirates in the distance. SI illustration
    Sports

    F1 calendar, England’s wheelchair rugby final, Canada–USA rugby agreement

    FIA president Mohammed Ben Sulayem says F1’s final races remain on their original dates, with safety assessments continuing before travel to the Middle East. England beat Australia 86–18 to reach the Wheelchair Rugby League World Cup final against France. Rugby Canada and USA Rugby agreed on regular cross-border matches and joint youth competition.

    Daily report · covering

    3 min44 sources

  • A painted FDA logo above three white boxes with orange bands and eye symbols, with a large eye in the background. SI illustration
    Politics

    GLP-1 warning, Trinidad and Tobago ruling, Bulgaria highway deaths

    The US drug regulator is requiring a warning across GLP-1 medicines over a possible link to a rare cause of vision loss. Trinidad and Tobago’s final appeal court has ended criminal restrictions on private, consensual same-sex relations between adults. Bulgaria’s prime minister says highway pile-ups killed 12 people, with the road closed until vehicles are removed.

    Daily report · covering

    4 min34 sources