Business
GM CEO Mary Barra says China’s hyper-competitive EV market is a ‘race to the bottom’
GM’s EV deliveries jumped by 60% year-over-year in the third quarter. Read More
Malaysia’s prime minister will try to keep the country’s ‘feel-good’ vibes alive with his upcoming budget
Foreign companies are flocking to the safe haven of Malaysia: “This investment cycle is something we have not seen for ...
Italy outlaws surrogacy for citizens abroad—a ‘black day’ for rights and freedoms critics say
The issue is part of a wider unsolved problem in Italy, which lacks a law to recognize the children of ...
Robby Starbuck and the Fearless Fund
Some CEOs tell me they prefer to support DEI quietly. I wonder what’s been scrapped or put on hold. Read ...
Swiss watch exports plunge as Chinese demand dries up
Exports of Swiss timepieces and watch movements declined by 12.4% overall to about 1.9 billion Swiss francs ($2.2 billion) in ...
Nestlé cuts sales outlook in a ‘very painful reset’ and overhauls top leadership
Nestlé had already cut its annual sales growth expectations from 4% to 3% in July amid tougher consumer environment. Read ...
TSMC profits jump 54% on back of AI chip boom
World’s biggest chipmaker says demand has recovered across all segments despite fears of industry slump
Hurricanes Helene and Milton are both likely to cost more than $50 billion, joining ranks of priciest disasters
Making that even more painful is that most of the damage — 95% or more in Helene’s case — was ...
Supreme Court allows an EPA rule limiting pollution from coal power plants to remain in effect—for now
Two conservative justices, Brett Kavanaugh and Neil Gorsuch, said in a brief order they thought the challengers would likely win ...
Phillips 66 is going to shut down its Los Angeles-area oil refinery where 900 people work
The refinery accounts for about 8% of California’s refining capacity, according to the state’s Energy Commission. Read More
Intel faces headwinds in China as trade body calls for security probe
Intel products have been recommended for a security review by a trade group in China which alleges they pose vulnerabilities ...
Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China
Europe’s top carmakers unveiled low-cost EVs at the Paris Motor Show this week, seeking to recapture some of the market ...
A tough new EU cyber law is off to a messy start, with many countries failing to adopt the rules
New European Union rules requiring businesses to bolster their cyber defenses are already off to a messy start.
TSMC third-quarter profit beats expectations as AI boom drives 54% hike
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.
Couche-Tard chief urges Seven & i to discuss $47bn deal
Canadian company’s executives are in Tokyo to try and move buyout offer forward
Bitcoin ETF rush has made North America the dominant player in the global crypto market, report says
Chainalysis says ETFs have transformed the industry and spurred global adoption. Read More
The great wall of debt
Given the pile of maturing financing, 2025 and 2026 will prove challenging years for investors
Weight-loss drugs show promise in tackling opioid and alcohol abuse
Observational study points to the potential of blockbuster drugs such as Ozempic beyond tackling obesity and diabetes
Scottish Highlands become battleground in the race for net zero
Local outcry over pylon expansion scheme as ministers vow to protect infrastructure from ‘obstructionists’
UK should use private capital to rebuild NHS, say health leaders
Report by NHS Confederation concludes that ministers are likely to need several options to raise capital
Four economic truths that explain the US’s bizarre election
A trip to America’s number 3 shopping mall offers answers to what’s really going on
UN warns it will run out of food for northern Gaza in week and a half
World Food Programme sounds alarm after US told Israel dire humanitarian conditions could put its military aid at risk
Energy suppliers plan winter support for UK customers
Groups under pressure to step up measures as government tries to defuse pensioner fuel payments row
How Europe’s battery champion descended into crisis
Insiders say Northvolt, Europe’s best-funded start-up, has been beset by problems from the start
Can AI help Africa close the development gap?
Machine learning could have transformative effects on developing economies and societies. But some fear a deepening digital divide
WNBA great Candace Parker wants to buy a team in the league—and an NBA team too
Even after retirement, this three-time champion continues to aim for the biggest goals. Read More
China to boost lending to finish stalled property projects to $560bn
Beijing is trying to restore confidence in economy amid prolonged real estate slowdown
Bankers are at a loss when it comes to biodiversity
The finance industry arguably has a good handle on the implications of climate change, but bankers are struggling to measure ...
Meta fires staff for abusing $25 meal credits
Workers used benefits to buy acne pads, wine glasses and laundry detergent
