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BusinessOct 22World's largest wealth fund posts $30 billion loss after bond market turbulenceThe fund has a current value of around $2.3 trillion.CNBC
BusinessOct 22Rubio leaves India after promoting energy cooperation and Venezuelan oilThe American diplomat concluded his visit to India seeking to strengthen energy cooperation, promoting the processing of Venezuelan crude oil. He met with business leaders in Gujarat, discussing opportunities in conventional and digital energy, without concrete investment commitments.Clarín
BusinessOct 22Hong Kong port needs a new lease of life in value-driven eraHong Kong’s surging exports amid recent global trade shifts and tariff measures are reason to celebrate. However, they have not reversed the decline in the city’s port’s container throughput, which hit 12.99 million 20-foot equivalent units in 2025, down 5.1 per cent year on year. To address public doubts over the city’s standing as an international shipping centre, Hong Kong’s first five-year plan seeks to transform the maritime hub from being throughput-driven to value-driven. The policy...South China Morning Post
BusinessOct 22Tesla-SpaceX merger proposal sparks stock dip despite ARK’s long-term growth forecastA proposal for a merger between Tesla and SpaceX has led to a stock dip, even though ARK Investment Management maintains a positive long-term growth forecast for the companies. This indicates market uncertainty regarding the potential merger.Seeking Alpha Tech
BusinessOct 22Enea outlines SEK 20M share buyback plan as Q3 net sales fall 4.8%Enea has announced a SEK 20 million share buyback plan following a 4.8% decrease in its Q3 net sales. This move reflects the company's financial strategy in response to recent performance.Seeking Alpha Tech
BusinessOct 22Chipotle shares hit lowest since January 2023 as RSI enters oversold territoryChipotle's shares have fallen to their lowest point since January 2023, with the Relative Strength Index (RSI) indicating oversold conditions. This development reflects a significant downturn in the company's stock performance.Seeking Alpha Tech
BusinessOct 22Air travel: between Dakar and Abidjan, which gateway for the Sahel?Sur le papier, le retrait des compagnies occidentales du Sahel devrait profiter à Abidjan et Dakar. Mais le report des voyageurs de Bamako, Niamey et Ouagadougou reste limité, tandis qu’Istanbul, Casablanca et Addis-Abeba captent une partie des flux.Jeune Afrique
BusinessOct 22Anthropic prepares to file IPO prospectus as early as Friday - reportAnthropic is reportedly preparing to file its IPO prospectus as early as Friday. This indicates a significant upcoming event for the company in the financial markets.Seeking Alpha Tech
BusinessOct 22Canada to invest billions in tariff-hit steel and auto sectorsCanada plans to invest billions of dollars into its steel and auto sectors, which have been negatively impacted by tariffs. This significant investment aims to support and revitalize these key industries.Seeking Alpha Tech
BusinessOct 22Barclays to cut 5,000 jobs as AI drives cost-cutting pushBarclays plans to cut 5,000 jobs as part of a cost-cutting initiative, reportedly driven by the integration of AI technology. This decision highlights the ongoing impact of automation on employment in the financial sector.Seeking Alpha Tech
BusinessOct 22Meta shares jump 5% as AI investments fuel revenue growthMeta Platforms said Wednesday that its third-quarter profit jumped more than threefold, as the social media giant's revenue climbed sharply, adding to confidence that the firm's AI spending is improving the business.EuroNews [en]
BusinessOct 22European shares fall amid earnings wave; Barclays to cut 5,000 rolesEuropean shares have fallen due to an earnings wave, and Barclays plans to cut 5,000 jobs, indicating significant economic and corporate activity in the region. This highlights current trends in the European financial sector and employment.Seeking Alpha Tech
BusinessOct 22Telangana approves 37 automated testing stations through SPVTelangana has approved 37 automated testing stations through a Special Purpose Vehicle (SPV). This signifies an advancement in infrastructure and testing capabilities within the region.The Hindu
BusinessOct 22Old Second Bancorp raises dividend by 14.3% to $0.08Old Second Bancorp has increased its dividend by a specific percentage. This change indicates a corporate financial decision that impacts shareholders.Seeking Alpha Tech
BusinessOct 22Ozempic users are shrinking out of their clothes — and one unlikely industry is cashing inU.S. consumers taking weight-loss drugs like Novo Nordisk's Ozempic and Eli Lilly's Mounjaro have turned to cobblers ​and tailors as they try to save money while shedding poundsThe Independent World
BusinessOct 22It's official | The IRS launched an application for all people to declare taxes and avoid fraud: how to install and recognize itIt replaces the app used for a decade. It expands its services and helps avoid scams.Clarín
BusinessOct 22Can Prabowo’s economic nationalism save Indonesia from potential MSCI downgrade?In the wake of Indonesia’s worst stock-market rout since the 1998 Asian financial crisis, President Prabowo Subianto’s administration has turned to appeals to economic nationalism to shore up confidence, urging citizens to rally behind the country’s battered stock market. The government has promised reforms in response to warnings from global index provider MSCI that Indonesia could be downgraded from emerging-market to stand-alone-market status. But analysts say its patriotic appeals will do...South China Morning Post
BusinessOct 22Las Vegas Sands declares $0.30 dividendLas Vegas Sands has declared a dividend of a specific amount. This represents a routine financial decision by the company impacting its shareholders.Seeking Alpha Tech
BusinessOct 22On Main Street, Goldman Sachs makes a bet on AIGoldman Sachs partners with OpenAI, Google, Meta and Anthropic to boost AI adoption among small businesses.NBC News
BusinessOct 22Brazil’s Economic ImpasseMonica de Bolle, an expert in Brazilian economic policy, makes an authoritative argument that Brazil’s economic problems will persist no matter the outcome of the country’s presidential election. A Flávio Bolsonaro administration would fare no better than Lula when it comes to reducing debt and delivering growth—and Bolsonaro’s illiberal policies could make the economic picture even worse.Foreign Affairs
BusinessOct 22Barclays to slash 5,000 jobs in AI efficiency pushU.K. banks Barclays said Thursday it plans to cut 5,000 staff, citing efficiency savings from AI.CNBC
BusinessOct 22Illegal gold mining: Who profits from Africa’s gold smuggling? [Business Africa]Illegal gold mining: Who profits from Africa’s gold smuggling? [Business Africa]Africanews [en]
BusinessOct 22BYD, Chery expand EU foothold as car registrations climb for eighth straight monthChinese car manufacturers BYD and Chery are expanding their presence in the EU market, coinciding with an eighth consecutive month of rising car registrations. This reflects significant shifts and growth in the European automotive sector.Seeking Alpha Tech
BusinessOct 22Dangote unveils Pan-African petroleum distribution network, advocates industrial protection……Discloses 25% stake in Kenya pipeline network, projects in Djibouti, Cameroon, Namibia President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has unveiled plans to establish an extensive petroleum distribution network across Africa through strategic investments in pipelines, storage facilities and supply corridors, while urging African governments to adopt policies that protect domestic industries […] The post Dangote unveils Pan-African petroleum distribution network, advocates industrial protection appeared first on Vanguard News.Vanguard Nigeria
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