Business
Datatec sees AI spending supporting growth as Latin America lags
Datatec is counting on AI infrastructure investment to sustain demand for hardware and software after a half-year marked by record results at Logicalis International and record orders at Westcon. Weak operations in Latin America and the effects of West...
Coinbase Posts $719 Million Q3 Profit, Largely From Crypto Valuation Gain
Coinbase returned to profit in the third quarter of 2026, beating analysts' loss forecast despite a 35% year-over-year revenue decline. A $715 million gain on investment crypto holdings accounted for most of its $719 million net income; excluding that...
Justin Wolfers Challenges Trump's $21 Trillion Investment Boast
Economist Justin Wolfers criticized President Donald Trump's claims about foreign investment, arguing that factories owned by overseas companies provide U.S. jobs while sending profits abroad. Trump's latest boast puts investment at $21 trillion, compa...
AI Spending and Bond-Market Risks Test Copper's Role as a Growth Gauge
The AI investment boom is changing what copper prices signal about the economy, according to Stephen Innes in The Dark Side of the Boom. Demand from data centers and related infrastructure is tying the metal more closely to technology stocks, while the...
Madoda Engala receives 13,390 EquipmentShare shares in October distribution
Madoda Engala LLC received 13,390 shares of EquipmentShare.com Inc. Class A common stock on October 26, 2026, according to a Form 4. The transfer was a pro rata distribution requiring no additional consideration, rather than a share purchase.
Carlisle Q3 Sales Rise 8.7% as Profit Falls and Margins Narrow
Carlisle Companies reported $1.463 billion in third-quarter revenue, an 8.7% increase from a year earlier, while GAAP profit declined to $208.1 million. Adjusted earnings per share rose 6% to $5.92, a third-quarter record, the company said in its Octob...
India Approves 2025-26 Ad Hoc Bonus of Up to ₹6,908 for Eligible Government Personnel
India's central government has authorized a bonus equivalent to 30 days' emoluments for eligible employees for the 2025-26 financial year, including qualifying Armed Forces and Central Paramilitary Forces personnel. The Ministry of Finance's calculatio...
Healey Faces Borrowing Pressure Ahead of First UK Budget
John Healey will deliver his first Budget as UK chancellor on Wednesday, October 28, 2026, after borrowing for April through September exceeded the official forecast by £6 billion. His spending commitments come as debt interest absorbs a growing share...
J.P. Morgan Leads 2016 All-Europe Fixed-Income Research Ranking
J.P. Morgan secured its sixth consecutive win in Institutional Investor's 2016 All-Europe Fixed-Income Research Team ranking, increasing its total to 20 team positions from 14. Bank of America Merrill Lynch finished second overall but led in sector vic...
JK Tyre pairs ₹6,110 crore expansion with premium-tire push to rebuild margins
JK Tyre & Industries plans to make larger passenger-car tires, embedded sensors, electric-vehicle products and fleet services a bigger part of its business as raw-material costs erode earnings. Managing Director Anshuman Singhania wants premium tires t...
Lufthansa plans A350 transfers to TAP after 2030 under proposed stake deal
TAP Air Portugal would receive up to eight Lufthansa Group A350-900s after 2030 under plans accompanying the German airline group's proposed investment in the carrier. Portugal selected Lufthansa as TAP's strategic partner on October 14, 2026; the init...
Boeing's Irish unit warns of airline financial risks as fuel costs rise
War in the Middle East, other geopolitical tensions and trade tariffs are clouding the financial outlook for some airlines and regions, Boeing's Irish unit has warned. European carriers are reducing winter flying as they contend with high fuel costs.
GM Approves $20 Billion Buyback as Brownstown Plant Closure Is Confirmed
General Motors authorized another $20 billion in share repurchases on October 20, the same day its Brownstown battery plant was confirmed for closure in summer 2027. The multiyear buyback comes as GM cuts jobs and production capacity across its North A...
Brazil Diesel Imports Face Delayed Seasonal Peak as US Overtakes Russia
Brazil's seaborne diesel imports remain below seasonal norms despite the start of agricultural planting season, with the United States replacing Russia as the primary supplier amid global supply disruptions and rising domestic refining output....
China's Strategic Gas Reserves Reach 80% Ahead of Winter, Easing Global Supply Concerns
China has filled underground gas storage to 80% by late September through early stockpiling efforts, potentially reducing competition for spot LNG supplies and providing relief to European and Asian markets facing disruptions from the Middle East crisi...