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UK rate rise, Armenian and Australian rate increases, stock-market losses

The Bank of England lifted its interest rate to 4% to contain the wider effects of higher energy prices, and Governor Andrew Bailey said another increase could be warranted; the next decision is due on 17 December. Armenia’s central bank raised its policy rate to 7%, while Australia’s central bank increased its cash-rate target to 4.85%, both with inflation above their goals. In US markets, the Dow’s post-election rise was later reversed by losses, while a technology-share sell-off pushed the Nasdaq into correction territory.

Also in this edition

Business weekly, covering 2–8 NovemberUpdated By AveNews SI desk3 minBusiness

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

A painted streetscape shows pedestrians outside a large columned stone building, with “4%” displayed on a blue banner across its facade. SI illustration
Table of contents

Economy

Bank of England raises interest rate to 4%

The Bank of England raised its rate for the first time since August 2023 to contain the wider effects of higher energy prices. Governor Andrew Bailey said another rise could be warranted, with the next decision due on 17 December.

Australia’s central bank raises cash rate to 4.85%

The Reserve Bank of Australia raised its cash-rate target from 4.6% as inflation remained above its goal. Lenders will decide whether and when to change mortgage rates, while the bank forecasts a slower return to its inflation target.

Vietnam’s government suspends gasoline tax and cuts electricity tariff

Vietnam’s government suspends gasoline special consumption tax and lowers the average electricity tariff to reduce household and business costs. Customers pay electricity rates set for their customer groups, rather than one uniform average rate. The government says it will consider extending the gasoline tax suspension depending on circumstances.

Companies

Markets

Brent crude settles down 7.63% at $104.77 a barrel

Brent crude closed sharply lower after talks raised hopes of an end to disruptions in Middle East oil supplies. A reported US strike on an Iranian island accompanied a small rebound in the next trading session.

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Also this week

Economy

  1. Vietnam’s government proposes tourism investment incentives

    A painted model of a coastal resort with buildings, trees, hills and a bridge sits on a table beside hands and papers, with a bay visible through the window. SI illustration

  2. Developing countries’ debt reaches $9.4 trillion, World Bank says

    An open book bearing a blue globe symbol hangs above an unfinished bridge, its pages sweeping across a landscape toward distant buildings. SI illustration

  3. US employers add 165,000 jobs in October, report shows

    A painted crowd walks toward the open doors of a brightly lit building on an autumn day, with people carrying shoulder bags in the foreground. SI illustration
Show 51 more

  1. US Agriculture Department plans crop data check after corn errors

    An illustration of green and gold arrows running from crop fields past a checkmark panel toward a USDA-branded book, with a computer and irrigation equipment nearby. SI illustration

  2. Spain orders mills to store 12% of olive oil output

    A painted olive mill with olives in a hopper, oil flowing toward a large metal tank, bottles on a table and a Spanish flag on the wall. An olive grove is visible outside. SI illustration

  3. Canada’s budget proposes C$44 billion (about $31.3 billion) in tariff aid

    A painted portrait of Mark Carney with a hand on an open blank book, beside a Canadian flag. Two people work at benches in the background. SI illustration

  4. Russian diesel tankers reportedly change course away from US

    Painted coastal fuel terminal with a storage tank and pipes by the water, a tanker ship offshore, and a tractor in a distant field. SI illustration

  5. EU bank assets rise 5.18% to €34.99 trillion

    Two tall white blocks with yellow bases stand among classical buildings beneath a large blue emblem bearing a yellow euro symbol and stars. SI illustration

  6. Azerbaijan’s parliament considers hourly pay for short-term workers

    A painting of six people reading papers around a table beneath Azerbaijan’s flag, with a large clock and a blank desk calendar in the foreground. SI illustration

  7. Azerbaijan’s draft budget raises childbirth allowance to 1,500 manats

    A painting of a woman tending to a sleeping baby in a wicker bassinet, with an Azerbaijani flag behind them and a sunlit sheet on the table. SI illustration

  8. Azerbaijan’s food agency orders Ukrainian spread off sale

    A worker handles small tubs beside grocery shelves, with Azerbaijani and Ukrainian flags hanging above. SI illustration

  9. 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

  10. Japan’s real wages rise 2.2% in September

    A painted illustration of a woman holding a basket of vegetables at a produce stand, with a Japanese flag hanging behind her. SI illustration

  11. Uzbekistan’s cotton harvest exceeds 5 million tonnes, president says

    A painted portrait of a gray-haired man in a blue suit beside rows of cotton, with a harvester and mountains in the distance. SI illustration

  12. Azerbaijan proposes ₼4 billion for special defense projects

    A man holding a blank sheet looks into an empty room. Behind him, workers stand near apartment buildings and scaffolding, with mountains in the distance. SI illustration

  13. US Treasury publishes determination naming four Cuban sectors

    A painted Cuban flag stands beside a circuit board, metal parts, two ships and a coiled network cable, while a hand holds a blank sheet of paper. SI illustration

  14. France’s National Assembly rejects budget revenue section unanimously

    A painting of people scattered across curved red benches in a parliamentary chamber, with a French flag and a document on a central desk. SI illustration

  15. Paraguay’s president announces central-bank chief’s departure

    A painted portrait of a dark-haired man in a dark jacket, beside an empty conference table and open doors leading to a sunlit chamber. SI illustration

  16. Armenia–Turkey trade is direct in customs terms, Armenia’s foreign minister says

    A painted portrait of a bearded man in a suit beside a winding mountain road, a truck carrying crates and a closed gate beneath a white arch. SI illustration

  17. Norway’s central bank holds policy rate at 4.5%

    Painted portrait of a woman in a dark top beside the text “4.5%” and a Norwegian flag, against a red, white and blue background. SI illustration

  18. South Korea proposes delaying digital-asset tax to 2029

    A painted scene of a man and woman looking at a phone in a broad plaza, with a South Korean flag and a domed building behind them. SI illustration

  19. Indonesia’s economy grows 5.47% year on year in third quarter

    A red-and-white flag is painted on a large industrial press shaping a metal object in a factory. SI illustration

  20. Syria and Saudi Arabia sign defense cooperation agreement

    Two construction workers guide a large pipe suspended over a trench, with Syrian and Saudi flags flying behind them. SI illustration

  21. Judge rejected New York City’s second-home tax rollout, not the tax

    A painted apartment entry hall with rows of gray mailboxes, a tray of unmarked envelopes, and more envelopes on a table beside potted plants. SI illustration

  22. UK agrees to widen duty-free access for Armenian goods, ambassador says

    A crate of fruit and grapes, a wine bottle, tins, herbs and spices sit on a pallet beneath a metal gate, with a loaded truck behind. SI illustration

  23. Armenia launches EU-funded business reform programme

    A woman sorts stacks of papers beside a laptop, while a man packs boxes behind her. An Armenian flag hangs on the wall, and snowy mountains are visible through a window. SI illustration

  24. Armenia’s annual inflation holds at 4.3% in October

    A painted red, blue and orange grocery bag holds bread, apples and a white carton, with an onion and a yellow block beside it at a produce market. SI illustration

  25. Eurozone inflation reaches 4%, a three-year high, Eurostat estimates

    A painted scene shows a woman choosing an apple at an outdoor produce stall, with a vendor and a modern building behind her. SI illustration

  26. US trade deficit narrows to $105 billion in September

    At a wet container port, two workers guide a red container onto a trailer as trucks pass stacked containers and a cargo ship sits alongside. SI illustration

  27. Russia raises duty on spirits from ‘unfriendly’ countries from 20% to 35%

    A woman in an apron places a bottle on a shelf as a man holds another beside a counter. Wooden crates and a Russian flag fill the room, with a snowy street outside. SI illustration

  28. European Central Bank puts second-half 2026 wage growth at 2.7%

    Overhead illustration of three people in work clothes gathered around blank papers and mugs at a table, with tools nearby. SI illustration

  29. UK plans to put energy brokers under regulator Ofgem

    A painted scene shows a woman in an apron holding two blank sheets. Behind her, another woman gestures toward a man carrying a stack of papers. SI illustration

  30. Armenian-origin exports rise 28.6%, total fall 6.5%, finance minister says

    A painted scene of workers moving wooden crates from a truck outside a workshop, with more trucks and mountains in the background. SI illustration

  31. Europe pays €127 billion ($142 billion) more for fuel, European Commission president says

    A painted cutaway of a huge storage tank with a shallow pool inside. In the snowy foreground, a person in an orange coat turns a pipe valve. SI illustration

  32. Hong Kong’s economy grows 5.2% in third quarter, estimate shows

    A painted street scene shows a man pushing a cart stacked with boxes while two people pass a box at a shop entrance, with apartment buildings rising behind them. SI illustration

  33. Armenian exporters can recover EU duties, ministry says

    Illustration of a cardboard box with a dark strip peeling back to reveal a white strip, against a blue-gray background. SI illustration

  34. Guernsey’s 2027 budget proposals would raise tax allowances and end mortgage interest tax relief

    A painted seaside room with a miniature stone house beneath an oversized white roof and two blank sheets on a wooden table. SI illustration

  35. Armenia’s interior minister denies police delay in Shaki

    At dusk, a woman and two children stand by a lit doorway in a mountain village. A dirt road winds past stone houses and autumn trees beneath an orange sky. SI illustration

  36. Germany’s regulator selects 11 backup power projects

    A painted illustration of a large industrial turbine connected to a pipe, with solar panels and wind turbines in the background under a cloudy sky. SI illustration

  37. Senegal’s parliament rejects revised 2026 budget

    In a painted assembly hall, people sit in curved rows beneath tall windows while a man pulls a cart stacked with papers. SI illustration

  38. Vietnam updates used electronics import ban from 1 January 2027

    A worker sorts phones from a wooden crate in a waterfront warehouse, with more electronics in crates and cargo ships and cranes visible outside. SI illustration

  39. Georgia’s annual inflation reaches 5.9% in October, statistics office says

    A painted scene of two women examining a coat outside a clothing shop, with boots on display and an autumn street stretching behind them. SI illustration

  40. China’s central bank schedules third stock-market swap operation

    In a painted office scene, a standing man hands a stack of folders to a seated woman sorting folders at a desk. Two people work at computers in the background. SI illustration

  41. South Korea’s inflation slows to 2.8% in October

    Overhead illustration of a person in a mustard coat holding a green basket filled with rice and vegetables beside produce crates. SI illustration

  42. EU Commission says Canada–EU digital trade talks end before signature

    A low-angle illustration of two workers passing a cardboard box between raised loading platforms; one holds a tablet, with more boxes and a warehouse behind them. SI illustration

  43. Trump gives notice of intent to end Rwanda and South Africa trade benefits

    Illustration of two workers in safety vests tightening blue straps around tall stacks of boxes on pallets inside a warehouse. SI illustration

  44. Trump removed extra 50% tariff on some Canadian goods on 30 October

    Illustration of workers moving a large gray machine on a pallet jack toward a truck in an industrial yard, with rolls, bundled material and trailers nearby. SI illustration

  45. Armenia’s net personal transfers top $2 billion, central bank says

    Illustration of a smiling woman holding a phone beside a man on a sofa, with pale ribbons sweeping across the room and autumn foliage visible through a window. SI illustration

  46. Armenia’s tax receipts rise 14.5%, revenue committee chairman says

    A painted autumn city street with snowy mountains in the distance. People carry papers outside a large window, while others sort stacks of sheets inside. SI illustration

  47. France’s economy shrinks in third quarter of 2026 as inflation rises

    Painting of a woman holding a tote bag and reaching for an onion at an outdoor produce stall, with autumn trees and buildings behind her. SI illustration

  48. European Central Bank chief Christine Lagarde to step down on 7 February 2027

    A painted view of a spacious chamber with a person at a lectern, surrounded by a curved wooden table and empty chairs. Tall windows overlook buildings and autumn trees. SI illustration

  49. Australia’s annual inflation rises to 4.3% in September

    An overhead illustration of a person carrying a bag along a path toward a house, with a car parked beside it and long shadows across the lawn. SI illustration

  50. US real spending rises less than 0.1% as real after-tax income falls

    Low-angle painting of a shopper reaching for a white carton on a grocery shelf while holding a basket of produce and other groceries. SI illustration

  51. South Korea’s October exports rise 93.7% to $115.28 billion

    Painterly port scene with wrapped crates and dark circular components on pallets, trucks, container cranes, and an open cargo ship. SI illustration

Companies

  1. Fox and Roku shareholders approve $22 billion acquisition

    Painted office hallway with two blank screens on wheeled stands flanking a frosted-glass door; an open book rests on a desk beyond it. SI illustration

  2. Russia’s Putin expands control over Japan Tobacco businesses to 7

    A painting of Vladimir Putin seated at a desk with a blank folder, with four industrial buildings beneath a glowing orange canopy in the background. SI illustration

  3. Anthropic reportedly buys generator commitments for about $3.4 billion

    Three large generator units sit on metal skids outdoors, with steel beams in the foreground and the Anthropic wordmark above. SI illustration
Show 87 more

  1. Berkshire Hathaway buys back $9.6 billion in shares

    Blue sheets arc through the air toward a stack beside a golden wall marked “Berkshire Hathaway Inc.” SI illustration

  2. US regulators propose $49.75 million rental settlement with Progress

    A painted scene shows a blank branching sign beside a small house, across the street from a large columned building. SI illustration

  3. Google plans $17 billion first data center in Wyoming

    A translucent rendering of a low building and smaller units sits on an open plain beneath distant snowy hills, with the Google wordmark in the upper right. SI illustration

  4. OpenAI reportedly closes initial $11 billion funding

    Two people stand before a large metal frame holding rows of dark cabinets in a sunlit industrial hall; more cabinets sit on pallets nearby. SI illustration

  5. Egypt’s petroleum ministry estimates 200 billion cubic feet of gas at Nasim-1X

    A painted cutaway shows a drilling ship above layered seabed, with a pipe reaching a bright yellow underground pocket. An Egyptian flag stands on the distant shore. SI illustration

  6. Adani Ports agrees to buy Evos in €2.56 billion deal

    The Adani wordmark appears above waterfront storage tanks and pipelines, with port cranes and a town in the distance. SI illustration

  7. 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

  8. Microsoft winds down Oracle computing deal, people familiar say

    An illustration of two server racks labeled Microsoft and Oracle, with green and blue indicator lights in a blue-gray server room. SI illustration

  9. Hapag-Lloyd completes 25% stake purchase in Rotterdam terminal

    An orange Hapag-Lloyd container ship docked beneath an APM Terminals crane, which holds a container above the ship. SI illustration

  10. Julian Brodsky, Comcast co-founder and financier, dies at 93

    A painted cable branches from a small building to homes on a hillside, beside a white flower, blank lined sheets and the Comcast logo. SI illustration

  11. Deutsche Telekom raises forecast to €47.6 billion (about $53.2 billion)

    A painted white building with a large magenta T logo and rooftop antennas, with pink bands stretching across the landscape toward a distant city. SI illustration

  12. Alphabet discloses nearly 3 million Qualcomm shares

    A painted cream-colored card bears the red Alphabet wordmark above a blue Qualcomm wordmark set against a grid of chip-like squares. SI illustration

  13. Singapore Airlines plans S$2 billion cabin upgrade

    A painted aircraft cabin with blue seats and a double bed in a partitioned suite, beneath a Singapore Airlines wordmark. SI illustration

  14. EU Commission alleges TikTok breached rules over video feed

    A painted phone with the TikTok logo and video thumbnails is encircled by a strip of videos, beside the European Commission emblem and three sliders. SI illustration

  15. AC Milan reportedly agrees to Adidas kit deal worth about $56 million a season

    A painted AC Milan crest on red-and-black striped fabric sits between Puma and Adidas tags, with thread and a pincushion nearby. SI illustration

  16. IREN plans $15 billion expansion as Microsoft deliveries slip

    Painted data center with rows of server racks, overhead cables and a four-color Microsoft logo on a pillar; pallets and a cable spool sit nearby. SI illustration

  17. Shield AI agrees to buy radar maker Echodyne for $5.3 billion

    A painted radar assembly with beige panels and black cables stands in a sunlit workshop beneath the word “Shield.” SI illustration

  18. Silver Lake and Saudi fund discuss buying Unity, sources say

    A painted computer screen displays a 3D landscape, wireframe sphere and cube, flanked by the Silver Lake name and Public Investment Fund emblem. SI illustration

  19. Axon plans $1.2 billion more investment in Skydio

    A painted gray camera drone rests on the ground beneath a yellow AXON logo, with a forked road winding through hills behind it. SI illustration

  20. Meta pauses commercial terms updates after publisher concerns

    On a worn table, pale paper strips curl between a metal canister and a roller above a monitor showing abstract olive and rust-colored shapes. SI illustration

  21. US appeals court rejects Kalshi’s bid to block state gambling laws

    A folder bearing the green Kalshi wordmark lies beneath a blank sheet beside two books, with a columned building in the background. SI illustration

  22. Sony says Wolverine sales exceed 2.4 million copies

    Rows of blue game cases sit beneath Sony and PlayStation logos, with a sign reading “2.4 million+” in front. SI illustration

  23. Honda commits 3.3 billion reais to expand Brazil motorcycle plant

    A painted Honda factory with motorcycles outside and two translucent building outlines beside it, surrounded by trees with water in the distance. SI illustration

  24. US regulator makes Amazon ad pricing allegations public

    Illustration of an Amazon sign and a stack of papers with thick black bars in front of a large columned building. SI illustration

  25. Germany agrees to 50% stake in KNDS’s German business, report says

    A painted armored vehicle chassis rests on yellow stands in a workshop, beneath large KNDS lettering on the wall. SI illustration

  26. BT cuts workforce by 7,731 as profit rises 12%

    Two workers lay purple cables outside a building marked “BT Group,” with cable reels nearby and rising gold and falling grey lines across the sky. SI illustration

  27. Grab agrees to fee cuts and driver compensation in Vietnam, commission says

    A painted scene shows a man beside a white car, a large phone displaying the Grab logo, folders and a green band beneath “32%.” SI illustration

  28. Aspirity commits $135 million to Hoxton Wealth in minority investment

    A painted office scene shows four people at computer desks, with plants and a world map on the wall; an empty workspace is visible through glass doors. SI illustration

  29. AstraZeneca offered $10 billion for Rhythm, sources say

    A painted AstraZeneca sign stands beside three capped vials, a flask, a beaker and a shallow dish on a laboratory counter. SI illustration

  30. ORIX Aviation agrees to buy AerFin

    A jet engine with its casing open rests on a yellow stand in a hangar, with engine parts on a workbench and a passenger plane visible outside. SI illustration

  31. South West Water must submit leak plan within 6 weeks

    A painted industrial building stands behind an exposed blue pipe dripping into a trench. Plans, a tape measure and a spirit level lie nearby, with a low reservoir in the distance. SI illustration

  32. Azerbaijan’s SOCAR signs $1.65 billion US gas deal with Comstock

    A painted gas field with wellheads and pipelines leading to a processing facility, bordered by trees. A blank white shape overlaps the upper right corner. SI illustration

  33. Unilever agrees to sell Myanmar joint-venture stake to Centig

    White bottles and cardboard boxes sit on a conveyor belt in a sunlit factory, beneath a Myanmar flag. SI illustration

  34. Armeconombank signs $10 million loan for Armenian businesses

    A woodworker passes a blank sheet across a counter while a tailor cuts fabric and a food worker arranges dough beneath an Armenian flag. SI illustration

  35. 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

  36. Meta acquires Conductor as cloud service faces shutdown

    Overhead illustration of a person connecting an external drive to a laptop on a blue desk, beside a plant and a mug. SI illustration

  37. Nigerian billionaire Aliko Dangote launches $2.5 billion Namibia fuel depot

    A man in a dark suit and pink tie stands beside a large white storage tank, with pipes, smaller tanks and a harbor behind him. SI illustration

  38. SpaceX raises 2027 data center target to about 13 GW, SemiAnalysis says

    Painterly illustration of rows of gray equipment cabinets in an open industrial building, with a satellite dish, lake and mountains beyond. SI illustration

  39. Anthropic revenue rises as third-quarter net loss narrows

    Illustrated server hall with an open red switch box and lever in the foreground. Thick cables and rows of server racks recede into warm light. SI illustration

  40. Palantir revenue rises 96% as it raises annual forecast

    Four people handle tall translucent panels arranged in a row inside a sunlit hall with arched windows. SI illustration

  41. AMD revenue rises 45% to $13.38 billion in third quarter

    A worker on a raised platform guides a suspended metal unit into a tall bank of server racks. A computer tower and game controller sit on a table nearby. SI illustration

  42. Ahold Delhaize reports cybersecurity incident to Dutch police

    Painted supermarket interior with stocked shelves and a produce display; green bins sit on a roller conveyor beside a closed shutter. SI illustration

  43. Canva cuts 1,271 jobs, or 22% of workforce, its website says

    A dark office chair on wheels stands in the foreground of an empty office, with desks, other chairs and a sunlit window behind it. SI illustration

  44. Shein to invest €500 million in Polish logistics hub

    A painted overhead view of workers packing boxes in a warehouse beside a vast pale structural outline. A large white parcel marked SHEIN fills the foreground. SI illustration

  45. OpenAI says it will acquire Pierre Computer Company

    A painted desktop monitor displays blue, green and pale vertical fields beside a window overlooking a glass building and trees. SI illustration

  46. Google backs TeraWulf financing for Anthropic data center

    Two workers in safety vests mark out a bare field with stakes and string, with a white outline of a large building and a river behind them. SI illustration

  47. GullivAir’s first Sofia–Yerevan flight lands in Armenia

    A traveler pulls a suitcase up the stairs into a GullivAir plane, with Bulgarian and Armenian flags on either side of the airport. SI illustration

  48. UK Culture Secretary Lisa Nandy considers Sky–ITV intervention

    Painterly room scene with a television and tablet showing abstract colors, a translucent scroll draped across them, and blank papers on a table. SI illustration

  49. UK competition authority removes 23 market remedies

    In a painted workshop scene, a man in an apron places a stack of papers into a green cart filled with paper and folders, while a woman works at a table behind him. SI illustration

  50. UK ad regulator bans misleading mobile-game ads

    A woman looks at a blank phone in a busy train station, beneath a sweeping pink and orange shape. SI illustration

  51. Schaeffler plans to cut 3,460 jobs and close 5 sites in Europe

    Four adults gather around a blank sheet of paper outside a modern glass-fronted building, with autumn trees and fallen leaves nearby. SI illustration

  52. Google plans $15 billion Malaysia investment in 2027–2028

    A painted landscape shows a glass building with a Google sign, low white buildings, solar panels and a pond, with wooded hills in the distance. SI illustration

  53. Qatar and rugby organizers reportedly cancel finals deal

    Two workers in reflective vests handle a large roll of white material outside a stadium, with rugby goalposts and green seating in the background. SI illustration

  54. ECCO Vietnam stops factory production, affecting over 1,600 workers

    A painted crowd walks along a road beside large factory buildings; two people in the foreground carry a blue bag together. SI illustration

  55. Australia’s High Court rejects Uber appeal over A$81 million tax bill

    A painted low-angle scene of a woman carrying a large stack of papers beside a silver car, with trees and a columned building in the background. SI illustration

  56. Super Micro raises quarterly revenue forecast to $18.5–19.5 billion

    Painterly illustration of three dark server units stacked on a wooden workbench, with pale outlines of more units behind them and sunlight falling across the wall. SI illustration

  57. Meta raises $15 billion through five-part bond offering

    An orange crane lowers a large vented unit into an unfinished industrial building as two workers guide it. Steel beams and traffic cones sit in the foreground. SI illustration

  58. Salesforce agrees to acquire Cresta for a reported $2.7 billion

    A painted close-up of a dark-framed monitor displaying overlapping pale yellow and teal shapes against a gray background. SI illustration

  59. FlyArystan launches direct Astana–Yining flights

    A painted low-angle view of travelers climbing a mobile staircase into a white passenger plane, with snow-capped mountains in the distance. SI illustration

  60. Warner Music buys Zebralution Music from Bookwire

    A painted black vinyl record partly inside a cream sleeve, with layered blue-gray and cream bands extending to the right. SI illustration

  61. Kazakhstan starts construction of Alatau’s Iconic Complex

    Overhead illustration of a construction site with concrete foundations, exposed rebar, workers pouring concrete and earthmoving vehicles, with buildings in the distance. SI illustration

  62. Chinese-backed energy equipment center opens in Kazakhstan

    Three workers in dark coveralls examine an exposed turbine in a bright workshop; one measures a blade while another gestures toward it. SI illustration

  63. SCG Chemicals proposes Thai petrochemical combination

    Four hard-hatted workers tend two conveyor sections filled with small white pellets at an industrial plant, with tanks, pipes and palm trees in the background. SI illustration

  64. 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

  65. Apple reports $114.48 billion in quarterly revenue, up 12%

    Illustration of two workers in an electronics workshop: one handles a circuit board while the other packs a box beside a conveyor, surrounded by stacks of chip trays. SI illustration

  66. Cali Fund receives just $7,085 against $1 billion annual goal

    Illustration of a large, mostly dry earthen basin with a small pool fed by a stream. Seedlings line its rim; a lake and mountains lie beyond. SI illustration

  67. Portugal’s government selects Lufthansa for 44.9% of TAP Air Portugal

    Painted airport meeting room with two closed folders on a table and an unmarked passenger jet outside the window. SI illustration

  68. Virgin Media O2 plans thousands of job cuts, with total not finalized

    Illustration of a spacious office with rows of desks and a city skyline beyond the windows. One person carries a box, another holds a chair, and a third stands by a table. SI illustration

  69. Libya’s religious authority rules against Nike-logo clothing

    Painterly close-up of a blue-gray crewneck shirt with a blank rectangular patch on the chest, against a pale textured background. SI illustration

  70. Automaker GAC starts first overseas self-developed battery-pack production

    A large silver metal casing rests on a roller conveyor in a bright industrial workshop, with leafy plants visible through the windows. SI illustration

  71. UK financial regulator rules out car-finance payouts before 2027

    Painted empty hearing room with a raised wooden bench, tables and dark chairs. A car key rests on a folder on a foreground chair. SI illustration

  72. EU Commission approves JD.com’s $2.5 billion Ceconomy deal conditionally

    Overhead illustration of two workers moving a large box on a cart between warehouse shelves and displays of televisions, laptops and small appliances. SI illustration

  73. Saudi Aramco earns $36.25 billion in quarterly net profit

    A painted scene of a large dark tanker moored at a dock, where two workers handle a hose beneath loading arms. SI illustration

  74. EU court shields providers’ identities in VMware merger challenge

    An illustration shows hands passing a blank folder through a slot in frosted glass, with two silhouettes behind it and a stone building and steps in the background. SI illustration

  75. UK regulators seek views on credit-union rule changes

    A painted scene of a woman studying papers and an envelope as a man looks on, with a blue-fronted office and a pedestrian street behind them. SI illustration

  76. Control Resonant passes 1 million sales, Remedy says

    A painterly illustration of two people moving a cart stacked with boxes through a warehouse toward a line of trucks. SI illustration

  77. Actor Mahesh Babu invests in PC and console studio Shortgun Games

    Three people arrange a miniature rocky landscape with bridges, paths and waterfalls; a keyboard and game controller sit nearby. SI illustration

  78. Disney prepares layoffs that could affect thousands, sources say

    A painted illustration of an empty wooden director’s chair with dark fabric, lit against a blue-gray background. SI illustration

  79. Squarespace cuts about 300 jobs, or roughly 19% of its workforce

    Low-angle illustration of a woman carrying a box with books, a mug and a plant beside a glass office building. Two others carry boxes in the background. SI illustration

  80. Marvell agrees to acquire Lumentum in $115 billion stock deal

    An illustration of two workers in white protective suits handling a colorful silicon wafer and equipment in a bright, spacious cleanroom. SI illustration

  81. Nagoshi Studio closes before releasing its first game

    Two people carry a terrain piece beside a large modular landscape with stone arches, trees, a river and waterfall; empty cutouts remain in the pale base. SI illustration

  82. Mitsubishi agrees to sell 49.9% of its LNG Canada holding company

    Painted overhead view of a coastal facility with a large white storage tank, pipelines, a tanker at a pier and the translucent outline of a second tank. SI illustration

  83. SUSE announces approximately 10% workforce cut, roughly 190 jobs

    A painted office scene shows a woman holding a blank sheet and resting a hand on an empty chair, while two people sit at computers in the background. SI illustration

  84. Oracle sets $20 billion ceiling on planned extra funding

    Two people stand beside rows of concrete panels, facing a large building under construction with an exposed frame and a crane. SI illustration

  85. Netflix cuts up to 3% of London headquarters staff

    Painterly illustration of people working on laptops in a spacious office, with empty chairs along a window overlooking Big Ben and the London Eye. SI illustration

  86. Aramco closes acquisition of 49% of Humain

    A painted close-up of light and dark vented metal cabinets in a gray room, with pipes along the wall and sunlight falling across the floor. SI illustration

  87. US court dismisses $1 billion defamation case against Elsevier

    A painted scene of a person in a dark coat carrying a folder across a wet plaza toward a large columned building with broad steps. SI illustration

Markets

  1. Nubank suspends cryptocurrency deposits and withdrawals in Brazil

    A purple phone displays the Nu logo above two coins and circular arrows; more coins sit along a pale path beside a gray cylinder. SI illustration

  2. Mercado Pago blocks some crypto transfers to external wallets

    A painted smartphone stands beside a track of coins, a striped barrier and a brown wallet; another track loops around with arrows. SI illustration

  3. South Korea’s Kospi closes down 6%

    A painted South Korean flag hangs beside a large screen showing a descending red arrow, with people seated at computers below. SI illustration
Show 9 more

  1. South Korea halts trading as KOSPI stock index falls 8.5% intraday

    A South Korean flag hangs over an empty trading floor as a red descending line ends beside a pause symbol. SI illustration

  2. 54 companies object to OKXICE stock trading plan

    Painted room with a sunlit window and a moonlit city view. Two connected clear cases hold a blank pale sheet and a glowing blue block; a blank screen stands nearby. SI illustration

  3. Crédit Mutuel Arkéa says operations resume after cyberattack

    A hand holds a Crédit Mutuel Arkéa card beside a payment terminal displaying a red padlock, with groceries on the counter. SI illustration

  4. Sterling reaches its strongest level since the Brexit vote

    A painted stone building with columns stands behind a woven basket, with multicoloured ribbons stretching across the foreground. SI illustration

  5. India’s cybersecurity agency says Crafty Falcon breached financial firms

    A painted illustration shows four buildings connected by copper pipes to a central hub, with striped barriers across three connections and an Indian flag behind them. SI illustration

  6. Brent crude futures fall 8.67% to $94.62 a barrel

    A man and a woman paint jagged, descending brown and blue lines across a large pale surface, with two dark jars nearby. SI illustration

  7. US Treasury issues license for certain Venezuela bond transactions

    A painted low-angle view of a woman holding a blank sheet and a man gesturing in front of a glass office building under a blue sky. SI illustration

  8. US securities regulator raises small-entity asset thresholds

    A low-angle painting shows two people carrying folders through open doors beneath a U.S. Securities and Exchange Commission seal; arrows on the doors point outward. SI illustration

  9. Polymarket restores international trading after wallet theft

    Overhead illustration of three pairs of hands holding blank tablets around sweeping teal bands on a pale background. SI illustration

Startups & Venture

  1. Shield AI announces $2.5 billion financing for radar deal

    A painted workbench holds a blank rectangular panel on a stand, technical sketches and hardware. Signs reading “Blackstone” and “JPMorganChase” hang behind it. SI illustration

  2. CesiumAstro says it closed $730 million financing

    Technicians work on a satellite with blue solar panels and a large dish inside a sunlit factory; another spacecraft stands in the background. SI illustration

  3. Zipline raises $1.5 billion and expands Walmart drone deal

    Workers tend to delivery drones on workbenches inside a hangar, while another drone carries a parcel over a rural landscape dotted with outlined landing sites. SI illustration
Show 7 more

  1. Wonder files confidentially for an initial public offering

    A sealed folder lies on a food hall counter in front of prepared meals, while kitchen staff work and diners sit by large windows. SI illustration

  2. Numica raises $21 million to buy more accounting practices

    Illustration of people reviewing papers around a large office table, with stacks of documents flowing from smaller meeting rooms and a blue and red ribbon sweeping in from the window. SI illustration

  3. Nooks secures $500 million from General Catalyst for expansion

    Four people arrange furniture and frames in a bright office beneath a General Catalyst logo. SI illustration

  4. NBCUniversal and Hornbill co-lead $80 million EloElo round

    In a large studio, workers build and paint furnished room sets while a camera operator films a pink bedroom set. SI illustration

  5. Traversal raises $120 million at a $1 billion valuation

    Overhead illustration of three people around two rectangular panels; one points to a winding white line circling a dark spot on the blue panel. SI illustration

  6. Fal raises $1.3 billion in Bessemer-led funding round

    Two people hold a large vented metal unit partly extended from an industrial enclosure, beneath a wide overhead duct. SI illustration

  7. Cohere says Schwarz Group-led funding round reaches initial close

    A painterly illustration of four people in a spacious, windowed room; two assemble a metal frame while two others watch from behind a table with monitors. SI illustration

Reports for this week

  • A painted view of a grand stone building with columns, with a gold line rising across its lower facade and small brick houses to the right. SI illustration
    AveNews

    UK interest rates, French protests, US measles deaths

    The Bank of England raised its rate to 4%, and Governor Andrew Bailey said another rise could be warranted. The next decision is due on 17 December. France’s Interior Ministry provisionally estimated at least 600,000 demonstrators demanding higher wages and better public services. Wisconsin recorded its first measles death in 36 years.

    Weekly report · covering

    4 min38 sources

  • A painted supermarket scene shows a technician holding a cable beside a control box, with refrigerated shelves, a store worker and a Belgian flag in the background. SI illustration
    Technology

    Refrigeration cyberattacks, SonicWall patch deadline, false emergency alerts

    Refrigeration cyberattacks have reached at least 11 European countries, prompting US agencies to urge operators to secure exposed controls. Federal civilian agencies must secure systems affected by an actively exploited SonicWall flaw by 20 November 2026. Russia and Ukraine also experienced false emergency alerts, with Ukrainian authorities directing residents to official channels and sirens.

    Weekly report · covering

    3 min44 sources

  • Two masked health workers in protective gowns examine a paper and a vial at a table with sample tubes, beneath a Democratic Republic of the Congo flag. SI illustration
    Science

    Congo Ebola vaccine trials, Yemen displacement, Gaza flooding

    Africa CDC’s latest figures list 5,372 Ebola deaths in the Democratic Republic of the Congo. Researchers have begun vaccine trials against the outbreak strain, which has no approved vaccine or specific treatment. The UN says fighting has displaced more than 323,000 people in Yemen since August. Gaza authorities say rain flooded at least 70,000 tents, leaving displaced families without dry shelter.

    Weekly report · covering

    4 min27 sources

  • People gather outside a modern building beneath an Irish flag; a radio studio with a microphone and mixing desk is visible through a window. SI illustration
    Culture

    RTÉ evacuation, Diamond stock settlement, Steam release checks

    A bomb threat interrupted RTÉ’s radio schedule and prompted staff evacuations at Irish newsrooms as authorities worked to identify those responsible. Diamond publishers secured a settlement requiring Sparkle Pop to make their stock available for removal. Valve added checks for games awaiting release on Steam to help reduce repeat reviews.

    Weekly report · covering

    3 min25 sources

  • A painted scene of five people gathered beneath an NCAA logo in an arena, facing a large closed door; basketball courts are visible through side entrances. SI illustration
    Sports

    Athlete eligibility reversal, Jesús de Miguel’s death, hockey exclusions

    A US appeals court reversed the fifth-year eligibility ruling for athletes who graduated high school in 2022, leaving separate state-court orders in place as cases continue. Tenerife confirmed Jesús de Miguel’s death after a collision during a match, with a disciplinary decision pending. Canada’s restriction excludes Russian and Belarusian players from the junior hockey tournament in Alberta.

    Weekly report · covering

    4 min40 sources

  • Two gloved health workers handle a vial and a packaged syringe outside a building displaying the Democratic Republic of the Congo flag; people sit inside. SI illustration
    Politics

    DR Congo Ebola vaccine trials, Ukraine power cuts, France’s strike

    Africa CDC puts Ebola deaths in the Democratic Republic of the Congo at 5,372, as vaccine trials begin against an outbreak strain with no approved vaccine or specific treatment. Attacks on energy infrastructure halted Kyiv’s water supply and metro network. France’s strike disrupted schools and other services, with Lecornu planning wage and purchasing-power talks.

    Weekly report · covering

    4 min34 sources