UK Retail Sales Fall More Than Expected in Spell of Warm Weather
UK retail sales tumbled more than expected as unusually warm weather deterred shoppers from spending on clothes for autumn and winter.
Swiss Right-Wing Party Set to Cement Top Position in Election
(Bloomberg) — Switzerland’s anti-immigrant People’s Party is set to consolidate its position as the nation’s strongest political force in an election on Sunday, the most recent example of right-wing gains across central Europe.
Wind-Farm Builders Push UK for Tax Breaks Amid Surging Costs
Wind-farm developers are lobbying the UK government to give them more tax breaks in the fall budget, arguing that rising interest rates and supply-chain costs are putting the viability of some new projects in doubt.
Europe Car Sales Extend Winning Streak on Large Order Backlogs
European auto sales maintained double-digit growth in September despite higher interest rates raising the cost of acquiring a car.
Putin Visits Southern Army Headquarters After China Trip
President Vladimir Putin traveled to the headquarters of Russia’s Southern Military District near the border with Ukraine, following his return from talks with Chinese leader Xi Jinping in Beijing.
Stocks Decline as Treasuries Climb with Oil, Gold: Markets Wrap
Equities fell as volatility gripped global markets from an escalation in tensions in the Middle East, driving oil and gold to further advances. Treasuries advanced as buyers returned to the market.
Morgan Stanley Warns Against Buying the Dip in Chinese Stocks
Morgan Stanley is advising investors against buying the dip in Chinese stocks, warning that foreign funds may keep selling unless there is further policy easing and sentiment is likely to remain fragile.
Singapore’s DBS Says Mobile Wallet Services Back to Normal
DBS Group Holdings Ltd. said PayLah! services were back to normal after access to the mobile wallet was intermittent on Friday morning.
Israel Latest: US Downs Missiles Targeting Israel From Yemen
The Pentagon said it’s experiencing an increase in drone attacks on US military bases in Iraq and Syria, while an American destroyer shot down cruise missiles and drones launched by Iran-backed Houthi militants in Yemen that were fired toward Israel.
Israel Latest: US Downs Missiles Targeting Israel From Yemen
The Pentagon said it’s experiencing an increase in drone attacks on US military bases in Iraq and Syria, while an American destroyer shot down cruise missiles and drones launched by Iran-backed Houthi militants in Yemen that were fired toward Israel.