Investors Who Stuck It Out For Musk's Twitter Deal Set To Reap Rewards
Pension funds that invest for teachers, police officers and state workers in New York, California, Florida, and Wisconsin also stand to cash in.
Russian Central Bank Holds Key Rate At 7.5%, Noting High Inflation Expectations
In the immediate aftermath of Moscow sending its armed forces into Ukraine on Feb. 24, the central bank hiked its key rate to 20% from 9.5% in order to mitigate risks to financial stability.
Asylum Seekers Shelter In Brussels Squat As Belgian Asylum System Comes Under Strain
The current residents, mainly Burundi and Afghan nationals, maintain the building with the help from NGOs, which say Belgium is not complying with their legal obligations.
'No Room For Old Dreams', German President Says Of Russia Ties
Steinmeier, who hails from a wing of Germany's Social Democrats that long argued for closer economic ties to Moscow, said Russia's invasion of Ukraine had brought a change in era.
Who Funded Trump's Truth Social? Some Answers
TMTG launched Truth Social in February in the Apple App Store and in Google's Play Store in October.
Chevron's $11.2 Billion Quarterly Profit Soars Past Estimates
Chevron Corp on Friday reported its second-highest ever quarterly profit, blasting past analysts' estimates, driven by soaring global demand for its oil and gas and rising production from its U.S.
Obama Looks To Light Up Democrat's Chances In Key Georgia US Senate Race
Obama, a two-term Democrat who left office in 2017, will stump in Atlanta for Senator Raphael Warnock, who faces Donald Trump-backed Republican challenger Herschel Walker, and Stacey Abrams, who is running against Republican Governor Brian Kemp.
Germany Keeps 'Head Above Water' With Surprise Q3 Growth
Gross domestic product increased by 0.3% compared to the previous quarter in seasonally adjusted terms, the federal statistics office said.
ECB Reaffirms Rate Hike Plans Even As Recession Looms Large
European Central Bank policymakers stood firmly behind plans to keep raising interest rates even at a cost to economic growth, as data on Friday showed rising inflationary pressures.
South Korea's Legoland Default Points To Wider Bond Market Stress
South Korea's central bank and financial regulators scrambled this week to contain the risks of wider financial fallout as local short-term yields spiked, crippling some major institutions' ability to meet near-term funding needs.
BA Owner IAG Says Demand Holding Strong After Summer Boost
Chief Executive Luis Gallego said all of IAG's carriers - which include Iberia, Aer Lingus and Vueling - were "significantly profitable" in the quarter and the recovery looked set to continue.
Volkswagen Q3 Earnings Stagnate Below Pre-pandemic Levels
Margins across the group were 6%, but Volkswagen maintained its outlook for the year of the upper end of a 7%-8.5% earnings margin given a strong recovery in the Chinese market and improved semiconductor supply.
Finnair Posts First Quarterly Profit Since 2019
A triple blow from the COVID-19 pandemic, Russian airspace closure and high fuel prices has taken its toll on the airline, which announced a new strategy last month in order to return to profitability.
Oil Falls As China Widens COVID Curbs; Still Set For Weekly Gain
Still, both benchmark oil contracts were on course for a weekly rise, with Brent heading for a gain of more than 2% and WTI more than 3%.
China Coal Trade Disrupted By COVID Outbreaks As Winter Looms
The world's top coal consumer still relies on the fuel to heat homes across much of the colder north, and Beijing is determined to ensure sufficient supplies this year after shortages led to unprecedented power outages in 2021.
Consumer Inflation In Japan's Capital Hits 33-year High
Core consumer prices in Japan's capital, a leading indicator of nationwide figures, rose 3.4% in October from a year earlier, data showed on Friday, marking the fastest annual pace since 1989 in a sign of broadening inflationary pressure.
Disillusioned Palestinian Voters May Shape Israeli Election
Disillusionment with politics among Palestinian citizens could help determine next week's election in Israel where former premier Benjamin Netanyahu is bidding to return to power
French Economy Ekes Out Meagre Growth In Q3, Inflation Hits Record High
France's economy grew 0.2% in the July-September period, in line with market expectations, preliminary data from the INSEE official statistics agency showed.
OPEC Expected To Stick To View Of Long-term Oil Demand Rise
The Organization of the Petroleum Exporting Countries is scheduled to update its long-term oil demand forecasts in its 2022 World Oil Outlook on Oct. 31. The 2021 version sees oil demand plateauing after 2035.
Activist Glues His Head To 'Girl With A Pearl Earring' Painting In The Hague
A second activist glued their hand to the wall next to the 1665 work by Dutch master Johannes Vermeer, and an unidentified liquid was thrown, the Mauritshuis museum said.
U.S., Allies Slam Russia For Wasting U.N. Security Council Time
"How much more of this nonsense do we have to endure?" Britain's U.N. Ambassador Barbara Woodward asked the council.
Wall St Loses Over $200 Billion In Value After Report From Amazon
Amazon's stock tumbled 17% after the bell, wiping out $190 billion in market capitalization after the retail and technology heavyweight projected a holiday slump that would leave current-quarter sales below Wall Street estimates.
Two Senators 'Encouraged' By US Tesla Criminal Probe Report
Senators Richard Blumenthal and Ed Markey in a joint statement said they had "long sounded the alarm about Tesla's misleading marketing practices, which overstate the real capabilities of its vehicles and put drivers and the public at grave risk."
US Business Sentiment In China Hits Record Low As Zero-COVID Persists - Survey
The reading is the lowest in the survey's 23-year history and worse than in 2020, when COVID-19 first surfaced, and during the trade standoff between Beijing and Washington in 2019.
Biden Administration Expects Deal With Allies On China Export Curbs Soon
This month, the Commerce Department published a sweeping set of export controls, including measures tightly restricting Chinese access to U.S. chipmaking technology, vastly expanding its reach in its bid to slow Beijing's technological and military advances.
Russia's Anti-satellite Threat Tests Laws Of War In Space
No country has carried out a missile strike against an enemy's satellite. Such an act during the war in Ukraine could sharply escalate tensions between Russia and the United States.
PetroChina Jan-Sept Net Income Up 60% At Record $16.7 Billion
Net profit for the January to September period reached 120.3 billion yuan ($16.66 billion), the company said in a statement.
Nasdaq Futures Fall As Meta Plummets On Dismal Outlook
Facebook-parent Meta Platforms Inc fell 21.7% in premarket trading, set to wipe off about $75 billion from its market value, as it posted a drop in third-quarter profit and forecast a weak holiday quarter.
World Faces 2.8C Rise After 'Woefully Inadequate' Climate Pledges, UN Says
Representatives from around the world will meet from Nov. 6-18 at the COP27 climate talks in Egypt to try to agree pledges to limit warming to below 2C above pre-industrial levels and ideally to 1.5C (2.7 degrees Fahrenheit).
EU Auditors Criticise Executive Agencies For Poor 'Revolving Door' Safeguards
The EU has more than 40 agencies operating in areas such as banking, border security and medicine, including the European Centre for Disease Prevention and Control and the European Medicines Agency that played key roles in the COVID-19 pandemic.