World Economy News
Oil hits six-month highs as Hormuz attacks threaten Iran peace efforts
Soaring cost of Halloween treats spooks shoppers
The price of candy, especially chocolate, has soared, and Halloween bargain hunters are searching for deals and ways to cut costs.
BOJ speeds up ETF sales, potentially boosting funding for Takaichi’s plans
China factory activity contracts in October as economic recovery falters
What comes next for EU-China trade?
City of London chief tops UK Black Powerlist
Ian Thomas, who heads the City of London Corporation, tops the Black Powerlist in its 21st year.
China’s October factory activity contracts at fastest pace in 3 months, PMI survey shows
Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea
The cyber-attack, which the company describes as complex, is believed to be the largest ever of its kind.
OpenAI cuts funding target by $10 billion, FT reports
Russia says Ukraine peace stance unchanged as Lavrov criticizes Zelenskiy
US tech stocks see sharp falls over AI cost concerns
Shares in Intel have continued to fall while the tech-heavy Nasdaq opens at its lowest level in more than two months.
Exclusive-Trump appointee Bill Pulte’s housing agency obstructed watchdog, report says
White House delays Lisa Cook hearing to December
Employer at Los Angeles and Long Beach seaports and maritime watchmen union agree to extend talks through Nov 5
What we know about Binance's $6.3bn hack
Cyber correspondent Joe Tidy explains more about what is suspected to be the biggest hack in history.
Brazil’s Lula faces spending rows as supporters oppose tougher fiscal measures
Euro zone economy slows to 0.4% growth in Q3 as crisis-hit France contracts
Streeting denies 'kicking can down the road' in defence spending row
The government is under pressure to set out a path to greater defence spending, as ministers unveil plans to boost UK firms.
US judge orders ethics investigation into DOJ lawyers in golf course dispute
US SEC’s top cop says agency is monitoring AI corporate disclosures
SEC examining AI companies’ disclosures amid bubble concerns
Canada to define scope of EU membership over coming months, Carney says
Canada to define scope of EU membership over coming months, Carney says
Britain approves 2 gigawatt undersea power link project
ECB’s Lane says AI investments are supporting euro zone growth
Fed’s Musalem says a rate hike is needed ’soon’
Fed’s Barkin signals further rate hikes ahead with pace remaining the key question
Yorkshire Water boss resigns after firm downgraded
Nicola Shaw, who has led the company since 2022, will step down in January, it is announced.
How video game remakes tap the power of nostalgia
Video games are good at triggering nostalgia, a key reason why classic games keep getting remade.
Canada’s budget deficit over first five months of 2026/27 almost halves to C$5.36 billion
Saudi Arabia says drone intercepted and destroyed near Islam’s holiest city - AP
Fed’s Barkin says US central bank’s direction ’straightforward,’ the question is pace, SiriusXM reports
Who should pay on the first date?
Yasmin Rufo asks New Yorkers who picks up the bill on a first date, and how much they usually spend.
P&R urged to speed up review of relocation grants
Forward Guernsey believes the allowance is putting pressure on rental prices.
How Poundland grew from a market stall to a high street giant
The retail giant - which started life at a Wolverhampton market - is now at threat of collapse.
German inflation slows in October
Canada’s economic growth stalls again in August, September likely a decline
Canada’s economy stagnates for second month as September contraction looms
Uganda’s inflation rises to 3-year high after currency slump
Goldman sees Riksbank rate hike in November, Norges Bank on hold
Goldman raises Czech National Bank rate view on inflation risks
Global equity funds draw inflows for a sixth straight week
King Charles’ sorrow over slavery faces test as reparations movement gains ground
Germany’s gas storage at 62%, below winter target
India’s April-September fiscal deficit at 42.1% of 2026/27 target
More ECB hikes may be needed to stop inflation, Panetta says
ECB may need further rate hikes to counter inflation, says Panetta
Bank of America expects Bank of England rate hike on Thursday
Midterm elections, earnings, jobs data loom for AI-wary market
Euro zone growth beats projections again
Analysis-US fiscal deterioration main headache for investors as midterms loom
Rifts over wars in Ukraine, Middle East loom over G20 meeting in US
New economic data challenges Fed chief’s not-too-hot perspective
How much further could the ECB raise interest rates? UBS gives its outlook
Inflation dips in key German states in October, pointing to national fall
ECB survey sees higher inflation in coming quarters
Euro zone companies brace for higher wage demands, ECB poll shows
Take Five: Midterms meet earnings
Nasdaq futures tumble; Binance suffers massive hack - what’s moving markets
Crypto giant Binance freezes $2.5bn of assets over suspected hack
The firm said transactions are suspended while it conducts security checks and will "cover all losses".
Syngenta Group reports lower revenue after heatwave hits sales
From workshops to the catwalk - why mended clothes are going mainstream
A new generation is embracing eye-catching patching and visible mends.
UK house prices flat in October as rate rise bets weigh, Nationwide says
UK house price growth slows to lowest since January 2024
Trump’s tariffs fail to cut US trade deficit, IW report shows
BOJ Governor Ueda’s comments at news conference
Google value plunges by $500bn as AI fears rattle Wall Street
Google spooked investors so badly that its stock hit a six-month low, after it revealed its AI search summaries were affecting ad …
Morning Bid: One last central bank surprise
Colombia central bank seen hiking rates on Friday, though hold not ruled out
BOJ keeps interest rates steady, signals further rate hikes
Analysts react to BOJ decision to keep rates steady
Analysts react as Binance freezes assets after $6.3 billion security breach
BOJ keeps interest rates steady as expected; says CPI inflation now at 2% target
Stocks slump, bonds leap as AI giants’ spending spooks investors
Japan’s Nikkei slumps 3% as tech stocks tumble on AI worries
Yen steady before BOJ, AI jitters drive Treasury rally, weigh on dollar
US interest rates held steady and economy grows - what it means for you
The Federal Reserve's interest rate decisions affect everything from mortgages to car loans
Tokyo core inflation exceeds BOJ target in October
Bereaved families will not face tax bill over pension delays under new rules
Campaigners had warned some families could face an unfair financial penalty because of delays which were not their fault.
DoorDash to buy Instacart in $17bn deal it says will expand customer options
Instacart shoppers will be able to buy from 150,000 stores, compared to the 100,000 currently available on the platform, the firms…
Faisal Islam: The 10-year plan will have to fill the gaps from this 'micro Budget'
Chancellor John Healey's plans fall short of radical action to create a promised new economic model.
The South West reacts to Budget announcements
Tourism and business leaders have been reacting to John Healey's first Budget as chancellor.
European Central Bank keeps key interest rate on hold at 2.5%
Island Energy: No plans to remove gas standing charge
The provider said any change would need support from the community, the regulator and government.
Minimum wage rise 'a massive blow' says farmer
Tristan Bennett voices his disappointment in the Budget, describing it as "a lot of tinkering".
Minimum wage increase accepted by minister
A recommendation to increase the minimum wage by 2.8% is agreed by Senator Elaine Millar.
Trading Day: Communication breakdown
Bank of Japan to hold rates, signal further hikes
Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates
The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, accordin…
'Painful' years head, think tanks warn, as living standards set to fall
UK households face a drop in their disposable income over next three years, the Resolution Foundation is warning.
US proposes Venezuela elections for 2027, opposition leader Machado says
I earn £30,000. I'm angry there was no fuel duty cut in the Budget
People on a range of incomes from £4,062 to £150,000 a year tell the BBC what they made of this year's Budget.
Trump weighs Iran escalation as top U.S. general makes rare White House visit
UK will reduce ’unsustainable’ welfare costs, Healey says
President of the European Central Bank Christine Lagarde to step down in February
US shipper costs hit five-year high, even as demand stalls, US Bank data shows
Wall Street slides as Alphabet revenue miss revives AI capex jitters
Analysis-Soy, rare earths and fuels: how Brazil vote impacts the global flow of resources
Brazil interest burden climbs to 9% of GDP, highest since 2016
Saudi Arabia tanker oil loadings rise to highest level since February
Poundland's future hangs in the balance as chain edges towards collapse
Poundland's bosses have filed a notice of intention to appoint administrators to the business.
Egypt’s central bank raises key interest rates by 100 basis points
Norway debates data centre ban as power demand surges
Mastercard caps strong quarter for card giants as consumer spending holds up
Brazil reports primary budget deficit of 5.5 billion reais in Sept
Analysis: Warsh is learning to wield the Fed's power without showing his hand
The new chairman made clear he leans toward higher interest rates, but left himself options depending on how the data comes in.
US judge blocks Trump limits to Medicaid work requirement exceptions
IMF says Federal Reserve is ’appropriately’ keeping close eye on data
IMF aims for Egypt’s last program review to be cleared by mid December
ECB governors see December hike likely followed by pause, sources say
ECB’s Lagarde resigns early so she can speak freely on topics beyond monetary policy
Egypt’s central bank raises key interest rates by 100 basis points
Central banks take a breather, though more hikes are to come
QatarEnergy buying US LNG to hedge against Hormuz disruptions - CEO
'We need help for small businesses, not punishment'
People in Bilston react to the new Budget set out by Chancellor John Healey.
Haulier blames fuel prices for diesel theft
Martin Pinches said someone had stolen 400 litres of diesel from two of his lorries
Mistral AI publicly releases Large 4, targets cybersecurity users
ECB keeps rates unchanged, euro slips
ECB keeps rates steady as President Lagarde annouces departure
ECB keeps rates unchanged but points to mounting inflation risk
Macron says Lagarde’s ECB succession must be orderly and balanced
US economic growth accelerates in third quarter
US inflation heats up in September; consumer spending rises
US stock index futures pare losses after economic data
Hershey warns financial pressures on consumers could weigh on Halloween spending
BofA shifts Fed call to rate hikes in December 2026 and March 2027
UK budget does no harm to gilts but defers hard choices, analysts say
Hello Kitty maker cuts ties with Japanese spy drama after China backlash
Sanrio has apologised after its merchandise line with Japanese TV series Vivant drew criticism.
UBS sees Riksbank raising rates by 25 basis points
ECB President Lagarde to step down in February
China expels 33 officials including top military leaders
MSCI warning a ’short-term shock’, Indonesia central bank chief says
ECB President Lagarde resigns effective Feb 7
ECB’s Lagarde to resign in February 2027
Japan weighs government-backed bank lending scheme to spur strategic investment
Alphabet, Microsoft earnings in focus; Warsh on AI, rates - what’s moving markets
Nasdaq futures slide as mixed Big Tech results test AI trade
Microsoft posts $36.6bn profit after offering buyouts to one in four workers
The week, the Windows developer said it would offer buyouts to 60,000 workers as it looks to curb costs.
'I live with a ghost': Japan's haunted homes attract bargain hunters
Properties where someone has died in tragic circumstances can have big reductions in price.
Japan bonds steady ahead of BOJ decision; strong auction lends support
Morning Bid: In the AI alphabet, cash is king
Vance reaches out to Iran security official on peace talks- WSJ
Here are five key takeaways from the Fed rate decision and Warsh news conference
Even though the interest-rate vote went as expected, there were a few surprises out of this week's Federal Open Market Committee m…
Analysis-Fed highlights economic strength but muddies outlook for Treasuries
Bessent says 'not necessarily' a mistake if the Fed hikes again
Treasury Secretary Scott Bessent joined CNBC for an interview on Oct. 28, 2026.
Exclusive-Bank of Korea board member says won moves faster than expected
Restaurants sceptical over 'garlic and gherkins' plan
Import tariffs on more than 100 items - including garlic, gherkins and plant-based milk - are being removed.
AI-related investment, consumers likely boosted US economic growth in third quarter
What we now know about the UK economy in four charts
The Office for Budget Responsibility says higher energy prices will impact everything from prices and living standards to economic…
BOJ preview October: hawkish hold expected as inflation remains sticky
Hong Kong Monetary Authority leaves interest rates unchanged, tracking Fed move
Elon Musk is a 'real genius', Putin says after satellite talks with SpaceX boss
The Russian President praised Musk and said they are in "close" contact.
Five ways the Budget will affect you if you are under 25
The chancellor announced a series of measures which will impact under-25 year-olds from housing to minimum wage.
Healey unveils £100 for energy bills and bank tax in first Budget
The chancellor targets the cost of living amid global economic turmoil but opposition parties say he has not been bold enough.
Three ways the Budget affects you
The BBC's Esyllt Carr explains how the chancellor's spending plans impact young people.
Asian shares fall as Alphabet earnings miss drags Wall St futures lower
The Budget explained in less than one minute
What the Budget means for you in under a minute
Dollar steady after Fed hold leaves rate path murky
Healey tells departments to make 1% cuts to fund defence
The reduction in public spending will go towards paying for the Defence Investment Plan.
Dharshini David: Healey buys himself some time, but big questions still unanswered
The chancellor talked of charting a new course for Britain, but the impact of Iran war has limited his options.
US Justice Dept loses initial bid to block votes from alleged noncitizens in California
New Zealand central bank governor says chances of December hike are ’high’
Will I get the £100 energy payment and when will I receive it?
Here is what you need to know about the payment that millions will receive from January.
The one thing that didn't change that will affect your pay the most
The point at which you start to pay tax, and the point where you tip into paying a higher rate of tax have been frozen for three m…
The UK cuts energy bills, taxes banks and boosts defense in high-stakes budget
The U.K. budget cuts household energy costs, raises taxes on banks and directs billions toward defense, Ukraine and artificial int…
ECB to hold rates as investors focus on French bonds, Lagarde’s future
Your pay, energy bills and savings: How the Budget affects you
Changes announced by Chancellor John Healey in his first Budget will affect your finances directly. Here's how.
Warsh says politics played no role in Fed’s rate decision by group he is ’honored’ to lead
Trading Day: Fed pauses, Big Tech reports
Fed’s Warsh announces changes in how future FOMC meetings will go
Fed’s policy committee to weigh balance sheet issues early next year, Warsh says
Lawsuit seeks to block Trump administration effort to find noncitizen voters
How will the tax cut on gherkins help restaurants?
BBC Radio Manchester spoke to a burger restaurant amid the chancellor's budget announcements.
More cats abandoned 'due to rising costs'
A shelter says it has looked after 150 more cats and kittens this summer than last year.
Fed’s Warsh says US economy not running too hot
Costa Rica drops bid to join Pacific trade pact, sacks trade minister
Fed’s Warsh to attend AI productivity task force hearing in November
Warsh to attend Fed jobs and productivity task force hearing to refine views
Judge skeptical of Justice Dept lawsuit over alleged noncitizens on voting rolls
Workers should be able to know colleagues' salaries, rights body says
Employees should legally be able to find out what their co-workers are earning, the UK's equality watchdog says
FOMC holds rates steady, markets mostly follow suit
Fed leaves rates unchanged as it awaits ’accumulation of more information’
