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Showing 15 articles

World's largest wealth fund posts $30 billion loss after bond market turbulence
22 October 2026
World's largest wealth fund posts $30 billion loss after bond market turbulence
CNBC

The fund has a current value of around $2.3 trillion.

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Barclays to slash 5,000 jobs in AI efficiency push
22 October 2026
Barclays to slash 5,000 jobs in AI efficiency push
CNBC

U.K. banks Barclays said Thursday it plans to cut 5,000 staff, citing efficiency savings from AI.

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Barclays cutting 5,000 jobs as it increases reliance on AI
22 October 2026
Barclays cutting 5,000 jobs as it increases reliance on AI
BBC Business

The bank says it is using more AI leading to a 5% reduction in its workforce.

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Nasdaq futures down 1.8% as investors digest earnings from Meta and Tesla: Live updates
22 October 2026
Nasdaq futures down 1.8% as investors digest earnings from Meta and Tesla: Live updates
CNBC

The S&P 500 posted a three-day winning streak on Wednesday, and the Nasdaq Composite rose as Tesla and SpaceX rallied.

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Brent crude tops $112 on Middle East worries as U.S., Israel reportedly weigh fresh Iran strikes
22 October 2026
Brent crude tops $112 on Middle East worries as U.S., Israel reportedly weigh fresh Iran strikes
CNBC

The Middle East conflict could flare up again as the U.S. reportedly plans to resume strikes against Iran.

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What is PHP and why did it spark a global cyber-security scramble?
22 October 2026
What is PHP and why did it spark a global cyber-security scramble?
BBC Business

AI uncovered long-hidden programming flaws, triggering a rare global cyber-security response.

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U.S. Treasury yields may be poised for a breakout with Fed meeting as catalyst, says BMO
22 October 2026
U.S. Treasury yields may be poised for a breakout with Fed meeting as catalyst, says BMO
CNBC

U.S. Treasury yields could be poised for a breakout ahead of the Federal Reserve's Oct. 28 policy meeting, according to BMO Capital Markets.

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Is an 'AI war' complicating your job search?
22 October 2026
Is an 'AI war' complicating your job search?
BBC Business

How fair are AI recruitment tools that help decide our future, and what happens when we click "apply"?

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U.S. pulls diplomats from Saudi Arabia as it reportedly readies Iran strikes after midterms
22 October 2026
U.S. pulls diplomats from Saudi Arabia as it reportedly readies Iran strikes after midterms
CNBC

The U.S. ordered non-emergency staff out of Saudi Arabia after Houthi strikes on an airport and an oil field, reviving fears of a widening regional conflict.

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No order, no seat: Starbucks China rolls out new store policy
22 October 2026
No order, no seat: Starbucks China rolls out new store policy
BBC Business

Starbucks says it is improving customers' in-store experience as it competes with homegrown rivals.

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Critical web security flaws spark global alarm as Google, OpenAI and Amazon respond
22 October 2026
Critical web security flaws spark global alarm as Google, OpenAI and Amazon respond
CNBC

Critical PHP security flaws trigger global warnings as Google, OpenAI and Amazon respond to potential cyber threats.

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The 'trillion pound' oil fund the government believes Britain could have built
21 October 2026
The 'trillion pound' oil fund the government believes Britain could have built
BBC Business

For the first time, the Treasury calculates how much the UK could have raised by investing North Sea proceeds.

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The grads ditching the UK for a fresh start abroad
21 October 2026
The grads ditching the UK for a fresh start abroad
BBC Business

With graduate jobs hard to come by, more young adults are reported to be considering emigrating.

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Why is Elon Musk plotting a mega-merger of SpaceX and Tesla?
21 October 2026
Why is Elon Musk plotting a mega-merger of SpaceX and Tesla?
BBC Business

Musk says there's "a lot to be gained" by combining the firms in what would be the biggest merger in history.

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Airbnb hosts can no longer make guests strip beds and wash dishes under new rules
21 October 2026
Airbnb hosts can no longer make guests strip beds and wash dishes under new rules
BBC Business

The updated policy will apply to all reservations booked on the accommodation site on or after 20 November.

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