Business / Finance
Kalshi raises $1B at $40B valuation as non-sports revenue run rate tops $1B
The funding round comes as Kalshi expands its partnerships with the NBA and S&P Dow Jones Indices while facing legal challenges over its sports contracts.
Bitcoin price jumps to $81.5K as US GDP data beats expectations
BTC price action returned to a key weekly resistance level as US stock markets digested Alphabet’s Q3 earnings miss.
‘This is a pivot point for the outlook of global energy’: China’s record-high clean energy tech exports projected to avert 24% of global CO2 emissions
China is by far the largest global supplier of renewable energy equipment, from solar panels and wind turbines to electric vehicles and batteries.
Mongolia suffers $300 million decline in copper exports following China border restrictions—and it can reach $1.2 billion by the end of the year
Mongolia is a major supplier of coal and copper to China, the world’s largest consumer of both commodities.
AI’s insatiable appetite for chips helps Samsung rake in a record $80.5 billion in quarterly profit
Samsung posted its fourth straight quarter of record profit and revenue as AI chip demand surges, with supply expected to lag through 2027.
‘Deception succeeded because the regulators’ own practices enabled it’: HK housing minister resigns after botched fire investigation that killed 168
Many former residents of Wang Fuk Court have spent nearly a year waiting to see how the government will address accountability.
‘Political manipulation’: Trump admin alleges Chinese ‘biotech companies of concerns’ use ‘forced labor’ to source materials, barring imports
The latest trade actions precede an expected meeting next month between Chinese leader Xi Jinping and U.S. President Donald Trump.
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.
Walmart Blocks Its Stock From OKX-ICE Tokenized Trading Venue
Walmart, Eli Lilly, Cigna, Carniva,l and Arcos Dorados objected to trading of their shares on the planned OKX-ICE tokenized stock venue, bringing the total to 38.
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 said.
Mark Cuban says Gen Z should think more like Jeff Bezos and stop chasing the perfect job: ‘Just get a job’—even at McDonald’s or Dairy Queen
Billionaire Mark Cuban started out selling trash bags. Now, he says Gen Z should stop chasing the perfect job and get working—even in fast food.
What is it like to work when your co-workers are AI agents?
Using AI for roles from executive assistants to chiefs of staff, companies are boasting about doing more with less, creating tension with their human workersOn an average workday,…
Reader Q&A: Our money and economics correspondents answer your Budget 2026 questions
The 2026 budget has been revealed; how will it affect you personally, will it change the country and has chancellor John Healey done enough to prepare for the challenges ahead? Ou…
French Senate adopts bill for automatic sharing of crypto tax data
The French Senate adopted a bill authorizing the automatic exchange of crypto-asset tax information between international tax authorities, pending completion of the legislative pr…
Reform UK launches its own ‘newspaper’ with Farage on front page
Party aims to build a ‘significant national publishing operation’ as first edition of the Reformer is distributedUK politics live – latest updatesReform UK has launched what it is…
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.
ECB’s president Christine Lagarde is resigning nine months early, giving EU leaders a chance to pick a successor before France’s elections
This followed speculation that Lagarde would leave while pro-EU French President Emmanuel Macron is still in office
Putin calls Africa a ‘natural ally’ as Moscow courts leaders from nearly 50 nations
Volkswagen faces up to 100,000 job cuts and four plant closures as China's slump, Trump's tariffs and Porsche troubles hit profits.
Polymarket brings ultra-short crypto prediction markets to U.S. platform
Polymarket’s new Up/Down crypto contracts come as the CFTC renews scrutiny of the prediction market’s compliance with its 2022 U.S. onboarding terms.
Volkswagen posts $6.8 billion quarterly loss as slumping China demand, Trump tariffs, and Porsche write-down weigh on earnings
CFO Arno Antlitz said the carmaker's results so far this year mean that "we cannot afford to lose any time and must act quickly and decisively."
The South West reacts to Budget announcements
Tourism and business leaders have been reacting to John Healey's first Budget as chancellor.
Finland launches criminal investigation into Google’s clearing of forest for datacentre site
Authorities allege company may have breached Finnish environmental laws by forgoing required impact assessment‘Pure arrogance’: anger in Finland as Google illegally fells 250,000 …
Crypto for Advisors: Only 1 in 5 Americans say the financial system is secure
Mortgage Rates Today, Thursday, October 29: A Little Higher
TL;DR: Average mortgage interest rates are slightly higher today.