The day’s news on stocks, markets and the economy, with the companies mentioned and their prices. With a free account you see only the news about your companies.
Markets
Global marketsWall StreetEurope
Romania
Germany
France
United Kingdom
Italy
Spain
Poland
Netherlands
Switzerland
Austria
Belgium
Hungary
Sweden
Norway
Finland
Denmark
Estonia
Latvia
Lithuania
MoldovaEconomy, politics and world
World newsGeopolitics and conflictsPolitics
United StatesRomaniaGermanyFranceUnited KingdomItalySpainPolandNetherlandsSwitzerlandAustriaBelgiumHungarySwedenNorwayFinlandDenmarkEstoniaLatviaLithuaniaMoldovaBYD plans to expand its European workforce to about 40,000 by 2030, Executive Vice President Stella Li said on Monday at the Paris Motor Show. The target comes as the Chinese automaker seeks to move beyond exports and become a manufacturer in Europe.
Google is allowing US users over 18 with a standard account to publish privately listed Android apps made in AI Studio on the Play Store, without paying for a developer account. Sharing the apps with friends is expected to be available in the coming months.
LVMH reported third-quarter revenue of €18.5 billion, with organic sales up 1%, while fashion and leather goods sales fell 5%. The group said the division was affected by slower demand in China, despite a buoyant US market.
Apple unveiled the HomePod mini 2 for $149, adding an S10 chip and interactive Sound Glow lighting. It ships October 30, while Siri AI will arrive in a future software update.
Bumble said Tuesday it had signed a definitive acquisition agreement valued at up to $1.3 billion. Its shares rose 56% after the deal, which would take the dating-app company private.
The U.S. Treasury said it is imposing more than $1.2 billion in penalties on Bank of America for alleged anti-money-laundering and sanctions violations. The penalty ranks as the third-largest in the department's history.
Strive bought 3,311 bitcoin for about $280 million between Oct. 5 and Oct. 9, lifting its holdings to 32,773 BTC. The purchase was its largest weekly acquisition since January and makes it the fifth-largest publicly traded corporate Bitcoin holder.
Microsoft President Brad Smith called for global AI safety rules, saying the technology is less regulated than milk and washing machines. He said companies should have a legal duty to notify victims if rogue AI agents breach their systems.
Romania’s Social Democratic Party will decide on Wednesday whether to join Prime Minister-designate Luca Niculescu’s government, party leader Sorin Grindeanu said. PSD is preparing for possible snap elections if the government bid fails, though Grindeanu called that outcome undesirable for Romania.
Romania’s annual inflation rose to 6.6% in September, above the 6.50% interest rate on one-year Tezaur government bonds. At the current inflation rate, the bonds’ return does not preserve purchasing power.
Former DR Congo President Joseph Kabila has been named leader of a new political-military coalition that includes M23 rebels. The alliance opposes President Felix Tshisekedi’s government and has vowed to topple it.
Nvidia CEO Jensen Huang said the company plans to announce $2 billion in European investments within a week, adding to $8 billion invested over the past year. Nvidia also named four French startups: Doctolib, Genesis AI, Pigment and Entalpic.
Renault could cut production in Europe by about 300,000 vehicles if the EU does not offer more flexibility on its 2030 CO2 emissions targets, CEO François Provost warned. The potential cut would reduce the group’s European output.
Britain said Iran's Islamic Revolutionary Guard Corps was almost certainly behind a suspected plot at RAF Fairford in September, and announced new sanctions. Prime Minister Andy Burnham said incidents at Fairford and RAF Molesworth were likely coordinated by Iran; London also summoned Tehran's ambassador.
A cyberattack disrupted refrigeration systems at several hundred French supermarkets overnight on Oct. 11-12, with temperatures reaching as high as 50C in some stores. Fresh and frozen food was spoiled, including a total loss at one Intermarché store, whose director apologized to customers.
Microsoft plans to scale its Azure Maia custom AI chip family to multi-gigawatt deployments starting in 2027, making it the primary inference system for its products and services. Maia 200 is already in production, while Maia 300 is due in 2027.
Romania’s National Liberal Party will support Prime Minister-designate Luca Niculescu’s investiture and is willing to sign a principles agreement with him, spokesman Ionel Bogdan said. The pact would set out the party’s non-negotiables and would be with Niculescu, not the PSD, even if the Social Democrats join the cabinet.
The IMF expects Romania’s GDP to contract 0.5% in 2026, reversing its April forecast for 0.7% growth. It projects the economy will expand 2.2% in 2027.
The UK foreign secretary is set to support President Volodymyr Zelenskyy's call for an energy ceasefire at the Warsaw Security Forum on October 13, after Russia mounted 200 attacks on Ukraine's energy infrastructure in the past week.
You'll stay on this page.
China
Japan
South Korea
India
Saudi Arabia
United Arab Emirates
Qatar
