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BusinessOct 15A major Russian business association has proposed sweeping away tax breaks for small businesses. Here’s what would change — and why the Kremlin might agree.Delovaya Rossiya, one of Russia’s largest and most influential business associations, has proposed more than 50 economic reforms to the authorities, RBC reported. Many clearly run counter to small businesses’ interests.Meduza [en]
BusinessOct 15Australia unemployment rate holds at 4.7% in September; employment contracts by 39.3KAustralia's unemployment rate remained at 4.7% in September, while employment contracted by 39,300. These figures provide an update on the country's labor market performance.Seeking Alpha Tech
BusinessOct 15Asia markets in red: South Korea and Japan lead deep tech selloff; Japan industrial output revised downAsian markets are experiencing a decline, led by a deep tech selloff in South Korea and Japan, compounded by a downward revision of industrial output in Japan, signaling economic challenges in the region.Seeking Alpha Tech
BusinessOct 15Smartphone market suffers record 22% Y/Y slump; Chinese players take biggest hitThe smartphone market has experienced a record 22% year-over-year slump, with Chinese manufacturers being most affected, signaling a significant downturn in the global tech industry.Seeking Alpha Tech
BusinessOct 15He was fired from his job at 42 and returned to his grandfather's farm: he started with 8 goats and today he has 110Tras quedarse sin empleo, regresó a la granja familiar y convirtió una pequeña producción caprina en un emprendimiento que creció con los años.Cómo la familia encontró nuevas formas de generar ingresos y transformó el trabajo con las cabras en una experiencia que también recibe visitantes.Clarín
BusinessOct 15Meta and Alphabet’s Jio IPO windfall dimmed by persistent rupee fallThe potential gains for Meta and Alphabet from a Jio IPO are being negatively impacted by a continuous depreciation of the rupee. This indicates currency fluctuations are affecting the financial outlook for major tech investors in an international market.Seeking Alpha Tech
BusinessOct 15SK Hynix, Samsung fall as market fears higher rates could curb AI expansionSK Hynix and Samsung's stock prices have fallen due to market concerns that higher interest rates might limit the expansion of artificial intelligence. This indicates potential economic challenges for key tech players in the AI sector.Seeking Alpha Tech
BusinessOct 15Telefonaktiebolaget LM Ericsson beats top-line and bottom-line estimates; gives Q4 outlookTelefonaktiebolaget LM Ericsson surpassed its top-line and bottom-line financial estimates and provided an outlook for the fourth quarter. This indicates a positive performance for the company in its recent financial period.Seeking Alpha Tech
BusinessOct 15‘No silver bullet’: Energy crunch could bite Europe this winterPrice-gouging checks at petrol stations and electric vehicle grants for French taxi drivers among Continent’s responses to global energy shockIrish Times World
BusinessOct 15Babak Zanjani, this controversial Iranian businessman at the helm of circumventing international sanctionsPORTRAIT - Des peaux de mouton aux cryptos, le businessman iranien incarne à lui seul les magouilles d’une République islamique prête à tout pour déjouer les sanctions.Le Figaro International
BusinessOct 15Equity Bancshares Non-GAAP EPS of $1.40 beats by $0.14, revenue of $83.74M misses by $6.98MEquity Bancshares announced non-GAAP earnings per share of $1.40, surpassing estimates, but its revenue of $83.74 million fell short of projections. This details the company's mixed financial performance.Seeking Alpha Tech
BusinessOct 15Educational Development GAAP EPS of -$0.19, revenue of $4.1MEducational Development reported a GAAP EPS of -$0.19 and revenue of $4.1 million. This provides an update on the company's recent financial performance.Seeking Alpha Tech
BusinessOct 15Home BancShares Non-GAAP EPS of $0.65 in-line, revenue of $288.4M misses by $7.11MHome BancShares reported non-GAAP EPS of $0.65, which was in-line with expectations, while its revenue of $288.4M missed estimates.Seeking Alpha Tech
BusinessOct 15US tech firm Nvidia buys stake in French health platform DoctolibAmerican chipmaker Nvidia has announced minority investments in four French technology companies, including the medical appointment platform Doctolib, as it expands its presence in Europe’s fast-growing artificial intelligence sector.RFI [en]
BusinessOct 15Belagavi-based Aequs announces long-term supply agreements with Safran for aerospace applicationsThe agreements involve major work being carried out at the upcoming Aequs Engine Components Ecosystem (AECE) at Hosur in Tamil NaduThe Hindu
BusinessOct 15Deepening tech sell-off drags stocks lower as major markets slideA deepening tech sell-off drags Asian stocks lower ahead of Europe’s open as South Korean and Japanese markets sink.EuroNews [en]
BusinessOct 15Oil falls as investors assess Mideast tensions, International Energy Agency's reportOil fell Thursday, as traders assessed attacks on ships passing through Hormuz, while digesting the International Energy Agency's latest monthly report.CNBC
BusinessOct 15Anthropic Q3 revenue surges 45% to $16.8B ahead of expected IPO: reportAnthropic's Q3 revenue reportedly surged by 45% to $16.8 billion, preceding an expected initial public offering. This significant financial growth signals strong performance for the company.Seeking Alpha Tech
BusinessOct 15Investors predict new record price for gold within two yearsCentral banks in September made their highest monthly purchases of the precious metal for almost two yearsFinancial Times
BusinessOct 15London’s gold market enjoys the Trump effectThe City’s dominance of physical trading in the metal is being reinforced by global instabilityFinancial Times
BusinessOct 15Is the K-shaped economy really more of an E?America remains a very unequal place, but on many metrics inequality is not increasingFinancial Times
BusinessOct 15EU carmakers bet on nostalgia to fight Chinese EVsCitroën is reviving its postwar-era 2CV as manufacturers turn to electric versions of classic carsFinancial Times
BusinessOct 15The man who would lead McKinseyNorth America boss Eric Kutcher is the candidate to beat in the consultancy’s byzantine electionFinancial Times
BusinessOct 15French debt worries spill into stocks, driving biggest underperformance since 2010Investors demand big discounts against regional peers to reflect troubled public finances and looming presidential electionFinancial Times
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