Financial Times
Europe, Middle East and Africa revenues rose 0.7% following war in Iran and a slowdown in work for Saudi Arabian government
CNBC Finance
With $5 billion already deployed off its balance sheet, JPMorgan Chase is racing ahead on direct investments in defense tech, hardware and supply chains.
MarketWatch
Goldman Sachs says consumer-facing laggard stocks are the best way forward as earnings growth is set to slow next year and big tech stocks struggle.
Bloomberg Markets
France’s political risk won’t end with April’s presidential election, according to Citigroup Inc.’s Beata Manthey, who says the bigger test for markets is whether any government can command a parliamentary majority and deliver a credible path to lower debt.
MarketWatch
France and the U.S. have similar debt dynamics.
Bloomberg Markets
Investors should prepare to add risk to their portfolios as a months-long pullback in parts of the equity market nears an end, according to Morgan Stanley’s Michael Wilson.
NY Times Business
After 18 months of negotiations and warnings that it might relocate to Nevada, the Art Basel fair will remain in Miami Beach through 2031.
Bloomberg Markets
Pakistan’s economy grew less than expected in the last quarter of the financial year to June, signaling a loss of momentum in the recovery as the conflict in the Middle East poses fresh risks to the outlook.
NY Times Business
Once a model of economic stability, Indonesia now faces growing hardship at home as President Prabowo Subianto’s policies shake investor confidence.
MarketWatch
From a sprawling waterfront mansion in Tennessee and a lavish California estate to a cozy Montana ranch, Kelly Clarkson is no stranger to expensive purchases.
NY Times Business
At least three dozen videos of people on the street expressing support for a Democratic candidate appeared millions of times on social media. It was unclear who paid for them.
MarketWatch
Beach Boys star Mike Love has revealed the extraordinary lengths he went to preserve the natural beauty surrounding his sprawling $43 million Lake Tahoe estate.
NY Times Business
A restored version of Volkswagen’s Flower Power-era Microbus, kitted out by Kindred Motorworks, is aiming for the affluent, while VW’s own E.V. is slow to get moving, much like its forebear.
Bloomberg Markets
China’s central bank signaled its overnight reverse repurchase rate will replace the current seven-day rate as the new policy benchmark, in another step that aligns it closer with global peers.
Bloomberg Markets
China is imposing export controls on more drones and machinery, as the world’s second-biggest economy flexes its industrial muscles.
Bloomberg Markets
Palm oil production in Malaysia may hit a monthly record in October, putting full-year output on track for the most ever, ahead of an expected slowdown next year, according to the nation’s top growers’ group.
Financial Times
Political recriminations fly as authorities admit that police botched oversight of protests
Bloomberg Markets
Indonesian markets extended their selloff, with stocks deepening their worst rout in almost 30 years and losses spreading to bonds and the rupiah after MSCI warned the country may face a two-step downgrade. Bloomberg's Anthony Stephens has more. (Source: Bloomberg)
Bloomberg Markets
Hong Kong’s de facto central bank is again shuffling executive roles, according to people familiar with the matter, as it prepares to make way for a new crop of leaders in the coming years.
Bloomberg Markets
The global copper supply is on a collision course with growing electricity demand. Now some companies are turning to biomining, the process of using microbes to extract metals, to boost supply. (Source: Bloomberg)