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Electric vehiclesSingle source

Elon Musk unveils Tesla Roadster 2, claiming it can fly like a rocket

Elon Musk unveiled the Tesla Roadster 2 at a demonstration in Texas, claiming the car can fly using thrusters. The prototype reached 60mph in less than a second, while Tesla said its flight system cannot be used on public roads.

  • Musk unveiled the Tesla Roadster 2 and claimed it can fly.
  • He said the prototype reaches 60mph in less than a second.
  • The remotely controlled vehicle flipped, flew and landed during the demonstration.
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Public debtSingle source

Nicolas Dufrêne urges cancellation of France’s debt held by the ECB

Senior French civil servant and Institut Rousseau director Nicolas Dufrêne has spent years advocating cancellation of France’s debt held by the European Central Bank. His proposal has drawn economic, political and legal objections.

  • Nicolas Dufrêne advocates cancelling France’s debt held by the ECB.
  • Dufrêne directs the Institut Rousseau think tank.
1 sourceTrust: Single source
Le Monde Economy
EarningsSingle source

Tesla reports quarterly results after Musk raises possible SpaceX merger

Tesla reported $28.05 billion in third-quarter revenue and earnings of $0.48 per share. Elon Musk offered no new details on a potential combination with SpaceX during the earnings call.

  • Tesla posted $28.05 billion in revenue and $0.48 in earnings per share for the third quarter.
  • Musk said Tesla and SpaceX board committees were examining a possible merger.
1 sourceTrust: Single source
The Guardian Business
Public financeSingle source

French 10-year bond yields rise above 5% amid political turmoil

Yields on France’s 10-year government bonds have risen above 5%, while the gap with German bonds has reached its widest level since the eurozone was created. The source links growing market distrust to ongoing political turmoil in France.

  • Yields on France’s 10-year government bonds have moved above 5%.
  • The gap with German 10-year bonds is the widest since the eurozone was created.
1 sourceTrust: Single source
Le Monde Economy
Public financesSingle source

UK government debt reaches £3tn for the first time as inflation rises

The UK’s total government debt has reached £3tn for the first time. September’s budget deficit rose to £24.5bn while inflation climbed to 3.5%, increasing pressure on the government before next week’s budget.

  • The UK’s total government debt has reached £3tn for the first time.
  • The September deficit was £24.5bn, £1.9bn above the OBR forecast.
1 sourceTrust: Single source
The Guardian Business
Corporate dealsSingle source

Tesla and SpaceX explore a possible merger with Elon Musk’s backing

Tesla and SpaceX have formed special committees to examine a possible merger, Elon Musk said during SpaceX’s earnings report. No terms have been agreed, and the transaction would require approval from at least 50% of all Tesla shareholders.

  • Tesla and SpaceX formed committees to examine a possible merger.
  • Elon Musk said the deal would require approval from 50% of all Tesla shareholders.
1 sourceTrust: Single source
The Guardian Business
BusinessSingle source

Ukraine’s prime minister puts business losses from Russian attacks at $7.7 billion

Ukraine’s government estimates that Russian attacks caused $7.7 billion in business losses in 2026. Prime Minister Serhii Koretskyi said the total is continuing to rise and that more than one million square metres of property were destroyed or significantly damaged during the year.

  • Ukraine’s government estimates business losses from Russian attacks in 2026 at $7.7 billion.
  • More than one million square metres of property were destroyed or significantly damaged.
1 sourceTrust: Single source
Українська правда
SmartphonesSingle source

HMD reportedly prepares budget Vibe 2 Max with 108MP camera and 120Hz display

HMD is preparing the Vibe 2 Max, a smartphone reportedly equipped with a 108MP main camera. Insider smashx_60 says it will also have a 6.78-inch IPS display, a 6,000mAh battery and 8GB of RAM.

  • HMD is preparing to release the Vibe 2 Max with a 108MP main camera.
  • The insider lists a 6.78-inch IPS screen with a 120Hz refresh rate and 1,500-nit peak brightness.
1 sourceTrust: Single source
ITC.ua
Artificial intelligenceSingle source

Anthropic to commit 5% of shares to public-benefit fund before IPO

Claude developer Anthropic plans to commit 5% of its shares to a public-benefit fund, subject to shareholder approval. The stake was worth about $48bn at the company’s May valuation, while an IPO is planned for November.

  • Anthropic plans to commit 5% of its shares to a public-benefit fund subject to shareholder approval.
  • The stake was valued at about $48bn at the company’s May valuation.
1 sourceTrust: Single source
The Guardian World
BusinessSingle source

Qatar warns energy shock from Iran war has not yet reached its peak

Qatar’s deputy prime minister said the energy effects of the US-Israel war on Iran have not yet peaked. He also opposed charging ships transit fees to pass through the Strait of Hormuz.

  • Qatar’s deputy prime minister warned that the energy effects of the war have not yet peaked.
  • Saoud bin Abdulrahman Al Thani opposed charging ships to transit the Strait of Hormuz.
1 sourceTrust: Single source
Al Jazeera English
Economy and financeSingle source

Profit warnings from UK-listed firms hit two-year high as Iran war raises costs

UK-listed companies issued 65 profit warnings in the three months to September, the highest quarterly total in two years. EY-Parthenon said policy change, geopolitical uncertainty and rising costs were key factors as the war in the Middle East added pressure on businesses.

  • UK-listed companies issued 65 profit warnings in the third quarter, the highest total in two years.
  • Almost 17% of UK-listed companies have issued a warning in the past 12 months.
1 sourceTrust: Single source
The Guardian World
Artificial intelligenceMultiple publishers

Anthropic to commit 5% of shares to public benefit fund

Anthropic said it will commit 5% of its shares to a fund supporting the public good. The fund could back nonprofit organisations and efforts addressing AI’s impact on jobs, while a further 2% stake may be allocated at the board’s discretion.

  • Anthropic will commit 5% of its shares to a fund supporting public-benefit initiatives.
  • The fund could support nonprofits and efforts responding to AI’s impact on employment.
2 sourcesTrust: Multiple publishers
BBC Technology
Trade and steelSingle source

Metinvest chief urges EU to exempt Ukrainian steel from new import restrictions

Metinvest chief executive Yuriy Ryzhenkov urged the EU to exempt Ukrainian steel from new import restrictions. Ukraine’s steel industry estimates exports to the bloc could eventually fall by 50–60%.

  • Metinvest is asking the EU to exempt Ukrainian steel from new import restrictions.
  • The EU has reduced its tariff-free steel import cap to 18.3 million tonnes a year.
1 sourceTrust: Single source
BBC Business
International financeSingle source

IMF urges support for poorer nations facing inflation and war spillovers

The IMF chief urged support for low-income countries facing high inflation and spillovers from war. He said these nations spend up to 14% of their revenue on debt repayments.

  • The IMF chief called for support for poorer nations affected by inflation and war spillovers.
  • Low-income countries spend up to 14% of their revenue on debt repayments.
1 sourceTrust: Single source
Al Jazeera English
International businessSingle source

Trump pauses new Russia sanctions amid deepening dispute with Ukraine

Donald Trump has paused a sweeping Russia sanctions package approved by both chambers of Congress. In an executive order on Friday, the US president said waiving the measures was in the national interest; they were due to take effect in two days.

  • Trump paused a Russia sanctions package approved by both chambers of Congress.
  • The measures were due to take effect in two days and targeted banks, officials and tankers.
1 sourceTrust: Single source
The Guardian Business
EU budgetSingle source

EU leaders clash over budget ahead of high-stakes 2027 elections

EU countries have intensified a dispute over the bloc’s future budget, with some seeking a smaller envelope and others defending existing resources. French President Emmanuel Macron and German Chancellor Friedrich Merz agreed that a deal should be reached before the end of the year.

  • EU countries have intensified negotiations over the bloc’s future budget.
  • Some governments are calling for a smaller budget envelope.
1 sourceTrust: Single source
Le Monde International
Small-business financeSingle source

For restaurants, Covid was a crisis — pandemic loans have become a disaster

US restaurants that relied on EIDL loans during the pandemic are now struggling with debt and collections. A congressional report says delinquencies have exceeded 30%, with $75.2 billion in loans charged off as of last June.

  • More than 30% of EIDL loans were delinquent, with $75.2 billion charged off as of last June.
  • The US government issued 3.9 million pandemic EIDL loans worth $378.4 billion.
1 sourceTrust: Single source
The Guardian Business
BusinessSingle source

EU freezes assets of three individuals and nine companies over Russia sanctions evasion

The European Council adopted additional restrictive measures against three individuals and nine entities involved in circumventing sanctions against Russia. The measures include freezing their assets.

  • The European Council imposed measures on three individuals and nine entities.
  • The assets of those targeted are frozen.
1 sourceTrust: Single source
Українська правда
US economySingle source

Nearly two-thirds of Americans say the US is in a recession

Nearly two-thirds of Americans believe the US is experiencing a recession, a Harris Poll conducted for the Guardian found. By the usual definition, the country is not in recession, but higher prices and a stagnant job market are making the economy feel weaker.

  • Nearly two-thirds of Americans believe the US is in a recession.
  • The Harris Poll was conducted for the Guardian.
1 sourceTrust: Single source
The Guardian Business
Food securitySingle source

G7 countries pledge $2.5 billion to fight food insecurity

The G7 countries have pledged $2.5 billion to combat food insecurity. French Finance Minister Roland Lescure said the World Bank had identified 44 countries that may face food insecurity, partly because of fertiliser supply problems linked to higher energy prices after the US war on Iran.

  • The G7 countries have pledged $2.5 billion to fight food insecurity.
  • The World Bank identified 44 countries that may face food insecurity.
1 sourceTrust: Single source
Le Monde Economy