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Wednesday, 14 October 2026

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iFood to invest $4.66 billion in Brazil through March 2027

Brazilian delivery app iFood, owned by Dutch investment group Prosus, said on Wednesday it will invest 24 billion reais ($4.66 billion) in the South American country in the fiscal year through March 2027, a 41% increase…

London Metal Exchange to launch electronic options trading

The London Metal Exchange plans in two weeks the latest upgrade to its electronic trading platform, a key component in the group’s ongoing efforts to modernise its trading infrastructure after the controversial nickel c…

Burnham rejects 'tax and spend socialist' comments

Andy Burnham has insisted he is prepared to take "difficult decisions" on the economy, after a former Bank of England chief economist said investors were worried about his willingness to cut spending.

U.S. import prices rise, retail sales rebound in August

U.S. retail sales jumped 1.2% in August 2026, the Commerce Department reported Wednesday, September 16, showing unexpectedly strong consumer demand even as inflationary pressures intensified across the economy. The numb…

Fed Hikes: Then What?

Federal Reserve decisions can sometimes feel like the only events that determine whether the stock market rises or falls. Yet the market’s response has rarely been that simple. Historically, stocks haven’t moved in …

The extreme engineering of aircraft windows

In late May, a chemical storage tank with more than 7,000 gallons of toxic material began heating up – fast. The tank belonged to GKN Aerospace, a company that supplies parts to the aviation industry, including aircra…

Complaints to watchdog about water firms jump 84%

The number of complaints made by households about water companies to the industry watchdog has risen by a record 84% in a year, driven by customer concern and confusion over rising bills.

Inflation Signals Clash Ahead of High-Stakes Fed Decision

Federal Reserve Chair Kevin Warsh said in Jackson Hole, Wyoming on Friday that inflation is still too high and that interest rates may need to rise in the coming months. He said recent data show inflation has cooled but…

Market Wrap: AI Hits the Brakes

On July 29, Microsoft and Meta announced their earnings reports on the same day, delivering two AI performance reports with completely opposite trends.