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BUSINESSOct 14Scott Bessent's growth plans aren't enough to tame surging deficit and debt pile, IMF chief saysIMF chief Kristalina Georgieva said Bessent’s reliance on growth won’t cut the U.S. deficit and $40 trillion debt fast enough, calling for fiscal consolidation.CNBC
BUSINESSOct 14ASML posts record €11.7 billion in sales but warns it can’t keep up with AI demandDutch equipment supplier ASML warned on Wednesday that its planned supply of machines will not fully meet customers’ AI-driven demand in 2027 and 2028, as it reported record quarterly sales of around €11.7 billion and lifted the lower end of its full-year sales forecast.EuroNews [en]
BUSINESSOct 14IMF warns against blanket petrol subsidies, suggests targeted support for poor, vulnerable people“It’s first fiscally very costly, and second, if you look at the pattern of consumption, it’s easy to see that that subsidy is readily regressive in many places.” The post IMF warns against blanket petrol subsidies, suggests targeted support for poor, vulnerable people appeared first on Premium Times Nigeria.Premium Times
BUSINESSOct 14From luxury real estate to investment strategies: global trends defined at a millionaires' summit in DubaiIn a single day, the financial capital of the United Arab Emirates will host the RISE Summit 2026, a meeting of investors, developers, officials, and analysts with long-term real estate plans. With no personal taxes, modernized legislation, and state support, the city has...Clarín
BUSINESSOct 14Retro trend: is China simply copying the German VW Beetle here?Citroën's 2CV has just been unveiled as an electric car, and the retro Fiat 500 is already a hit. Few know that in China even Germany's VW Beetle is making a comeback, but only in looks.EuroNews [en]
BUSINESSOct 14Inflation and price rise uncontrolled in Tamil Nadu: M.K. StalinThe government has failed to keep the prices of essential commodities under control, says DMK leaderThe Hindu
BUSINESSOct 14iShares Russell 2000 ETF $IWM Stock Holdings Lowered by Foster Group Inc.Foster Group Inc. cut its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 8.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,797 shares of the exchange traded fund’s stock after selling 3,470 shares during the […]dailypolitical · united states of america
BUSINESSOct 14Sharjah records 20,000 new home sales this yearDemand for residential housing in Sharjah remained strong in the first nine months of 2026, with official data showing almost 20,000 dwellings sold. Residential property transactions accounted for almost 81 percent of the total real estate deals closed between January and September, the UAE state-run Wam news agency reported, citing data from the Sharjah Real […]agbi · united arab emirates
BUSINESSOct 14Vehicle theft charge rate hits 3% as motor claims reach £11.9bnBBC investigation and RUSI data show why organised vehicle crime remains a structural cost problem for UK motor insurersinsurancebusinessmag · united kingdom
BUSINESSOct 14China chip exports jump 136% to US$45b as AI frenzy jacks up pricesChina’s integrated circuit (IC) exports surged 136 per cent year on year in September to US$45 billion, exceeding the 108 per cent growth rate in the first nine months of the year in a sign of the country’s rising influence in the global semiconductor supply chain. In September, China exported 32.7 billion units of ICs, according to customs data released on Wednesday, a 1 per cent year-on-year increase in volume. But higher prices fuelled the 136 per cent jump in value amid a memory chip...South China Morning Post
BUSINESSOct 14How do Iranians move money abroad to avoid US sanctions?From currency brokers to crypto, Iranians find ways to circumvent sanctions, but each comes with its own problems.Al Jazeera [en]
BUSINESSOct 14Stock futures edge higher as investors await CPI reportStock futures are showing slight increases as investors anticipate the upcoming Consumer Price Index (CPI) report. This indicates market sensitivity to crucial economic data releases.Seeking Alpha Tech
BUSINESSOct 14IMF head says reducing France's debt burden will 'take time'IMF Managing Director Kristalina Georgieva urged policymakers to make 'urgent repairs to the fiscal house before the cracks widen.'Le Monde [en]
BUSINESSOct 14European markets in green, led by tech shares, as U.S. inflation data loomsEuropean markets are experiencing gains, particularly in the tech sector, as investors await upcoming inflation data from the U.S. This shows market anticipation for key economic indicators.Seeking Alpha Tech
BUSINESSOct 14Azerbaijan to commission 11 solar, wind plants by end-2027 – ministerAzerbaijan's minister announced plans to commission eleven solar and wind energy plants by the end of 2027. This indicates a significant investment in renewable energy infrastructure.trendaz · azerbaijan
BUSINESSOct 14Maithan Alloys Acquires 7.8 Lakh Shares In HFCL For ₹20 CroreMaithan Alloys Limited has acquired 7.8 lakh equity shares in HFCL Limited for a total consideration of ₹20 crore, representing a 0.05% stake in the listed entity. The acquisition was completed on 13 October 2026.freepressjournal · india
BUSINESSOct 14China’s EV industry faces double blow from EU export quota, VAT rebate cutChina’s electric vehicle (EV) makers have been hit with a double blow as both Beijing and Brussels introduce measures that will affect their exports, leading analysts to revise down their earnings forecasts for the industry. The twin measures – combined with a sales decline in China’s domestic market – could create a “do-or-die moment” for some of the country’s 50-odd EV makers, ramping up financial pressure on the companies, according to industry officials. On Friday, China and the European...South China Morning Post
BUSINESSOct 14Diesel squeeze set to last well into 2027 as Iran war disrupts supply, IEA saysCNBC
BUSINESSOct 14China’s carmakers eye record sales, luxury model hits regulatory bump: 7 EV readsWe have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. China carmakers eye record 12 million global sales in 2026 as EV demand surges Chinese automotive groups have cause to celebrate their go-global strategy amid breakneck export growth in recent years, with deliveries in 2026 expected to beat expectations already buoyed by an...South China Morning Post
BUSINESSOct 14Why Ecobank's opening to the yuan changes the game for the continentEn se rapprochant du système de paiement chinois (CIPS), le groupe togolais veut permettre aux entreprises africaines de régler plus directement leurs échanges avec l’Empire du Milieu. Il rejoint Standard Bank et Afreximbank dans la course aux transactions en renminbi.Jeune Afrique
BUSINESSOct 14Nigeria-led ​‌‍‍‍‍⁠⁠‍​‍‍​‌⁠​​‌​G-24 demands IMF reforms, debt relief, $300bn annual climate fundingDeveloping countries have demanded sweeping reforms of the International Monetary Fund (IMF), improved debt relief mechanisms and increased climate financing under Nigeria’s leadership of the Group of Twenty-Four (G-24). The post Nigeria-led ​‌‍‍‍‍⁠⁠‍​‍‍​‌⁠​​‌​G-24 demands IMF reforms, debt relief, $300bn annual climate funding appeared first on Vanguard News.Vanguard Nigeria
BUSINESSOct 14Mizoram seeks sustainability as tourism boomsThe Mizoram government plans expansion of community-based tourism projects after economic and social impact assessment studiesThe Hindu
BUSINESSOct 14ASML says supply will not meet demand at least until 2028ASML, a key semiconductor equipment supplier, has indicated that its supply will not be able to meet global demand until at least 2028. This suggests ongoing challenges for the technology sector and potential impacts on various industries reliant on chips.Seeking Alpha Tech
BUSINESSOct 14India, U.S. ironing out differences on trade deal; nearing 'landing point': JaishankarIndia and the U.S. have been in talks since early 2025 on the proposed trade pact to address tariff friction, eliminate non-tariff barriers, and boost bilateral market access.The Hindu
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