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BUSINESSOct 9China, EU reach deal to 'moderate' China's car exports to EUAn agreement between the EU and China would reduce exports of Chinese electric and plug-in hybrid cars to the 27-member European bloc by up to 50%, according to the EU trade envoy.DW News [en]
BUSINESSOct 9Classic frozen pizza brand will soon leave stores for goodThe products will continue to be sold until remaining inventory is depleted.kxan · united states of america
BUSINESSOct 9DICK’S Sporting Goods, Inc. $DKS Stock Holdings Lessened by Central Bank & Trust Co.Central Bank & Trust Co. cut its stake in DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) by 26.3% in the 3rd quarter, Holdings Channel reports. The firm owned 18,479 shares of the sporting goods retailer’s stock after selling 6,593 shares during the period. Central Bank & Trust Co.’s holdings in DICK’S Sporting Goods were […]dailypolitical · united states of america
BUSINESSOct 9Cboe Global Markets, Inc. $CBOE Stock Acquired by Central Bank & Trust Co.Central Bank & Trust Co. grew its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE – Free Report) by 578.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,510 shares of the company’s stock after acquiring an additional 10,666 shares during the quarter. […]dailypolitical · united states of america
BUSINESSOct 9Hilton Worldwide Holdings Inc. $HLT Stake Raised by Central Bank & Trust Co.Central Bank & Trust Co. raised its position in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 151.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,227 shares of the company’s stock after acquiring an additional 1,942 […]dailypolitical · united states of america
BUSINESSOct 9Jefferies fined $650K over deficient electronic blue sheets reportingJefferies has been fined $650,000 due to deficient electronic blue sheets reporting. This indicates a regulatory enforcement action against the financial firm for non-compliance.Seeking Alpha Tech
BUSINESSOct 9IMF-Cemac: Chad, collateral victim of the slowness of community reforms?Un an après la signature de son accord avec le FMI, N’Djamena n’a perçu aucun décaissement. L’institution financière conditionne ses versements à des engagements accrus de la part des membres de l’organisation régionale. Coulisses.Jeune Afrique
BUSINESSOct 9Midday Need to Know: Delta slides on earnings miss, Tesla gains on China sales & moreThis article summarizes midday market movements, noting Delta's stock decline due to missed earnings and Tesla's gains from China sales. It provides a snapshot of current significant company financial news.Seeking Alpha Tech
BUSINESSOct 9EU and China strike deal to curb car exports and avert trade warBrussels claims Beijing will more than halve hybrid vehicle exports as bloc secures concessions on rare earths and market accessIrish Times World
BUSINESSOct 9Warangal sewerage project gets major boost as Centre clears ₹5,000 crore German funding proposalThe Warangal sewerage project has received a major boost after the Centre approved a ₹5,000 crore German funding proposal. This signifies a substantial investment in public infrastructure for the region.The Hindu
BUSINESSOct 9Is Wall Street’s narrow breadth alarm overblown?This article discusses whether concerns about Wall Street's narrow market breadth are exaggerated. It examines a specific financial indicator and its implications for market stability.Seeking Alpha Tech
BUSINESSOct 9Wrong target, ElonElon Musk's claims that Indian oligarchs are blocking Starlink to protect monopolies face scrutiny as government policies, security concerns, and partnerships with local operators complicate the narrative on satellite broadband in India.financialexpress · india
BUSINESSOct 9Hurricane Isaias Is Moving These Power Stocks as It Barrels Toward Gulf CoastHurricane Isaias is influencing specific power stocks as it approaches the Gulf Coast. This indicates a financial market reaction to the anticipated impact of the severe weather event.barrons · united states of america
BUSINESSOct 9Energy executives confident that new oil pipeline will get builtWatch: Pipeline construction will show whether the oil industry's optimism becomes more than numbers in a surveyfinancialpost · canada
BUSINESSOct 9Singapore: Policy slope tightening view – DBSDBS Group Research expects the Monetary Authority of Singapore to slightly increase the SGD NEER policy band slope at the October review, while keeping the width and centre unchanged. The team, led by Taimur Baig, anticipates calibrated tightening driven by import cost pressures and resilient growth, alongside strong Q3 2026 GDP supported by AI-led trade and financial sector strength.fxstreet · spain
BUSINESSOct 9Aura Minerals surges 11% after Q3 production hits recordAura Minerals' stock surged by 11% following its announcement of record-breaking Q3 production. This highlights positive financial performance for the company.Seeking Alpha Tech
BUSINESSOct 9Ryanair lashes out at Air France and Lufthansa over ownership probeThe low-cost airline is facing allegations that it violates EU requirements for operating in the bloc.Politico Europe
BUSINESSOct 9Telecom tower REIT stocks jump after SpaceX-Grain Management spectrum dealTelecom tower REIT stocks experienced a jump following a spectrum deal between SpaceX and Grain Management. This indicates a positive market reaction to the business transaction.Seeking Alpha Tech
BUSINESSOct 9Ambarella gains on report Qualcomm may be interested in takeoverAmbarella's stock gained following reports of potential takeover interest from Qualcomm. This reflects market speculation and activity related to mergers and acquisitions.Seeking Alpha Tech
BUSINESSOct 9EXCLUSIVE: US Treasury's Bessent to skip IMF-World Bank meetings in Bangkok - ReutersEXCLUSIVE: US Treasury's Bessent to skip IMF-World Bank meetings in Bangkok ReutersReuters World
BUSINESSOct 9Verizon stock heads for worst day since 2002 as SpaceX U.S. network plans whack telcosSpaceX announced the spectrum deal Thursday, as the company aims to push deeper into the telecom market through its Starlink service.CNBC
BUSINESSOct 9Price of diesel down, gasoline up for 2nd weekDIESEL prices are likely to drop, while gasoline is expected to spike next week, due mostly to the G7’s planned diesel reserve release and China’s fuel export suspension, local oil industry sources said on Friday. They said diesel prices will roll back by P1.80 to P2 per liter, while gasoline prices will increase by about P2.00 and P2.20 per liter. These estimates are based on the four-day Mean of Platts Singapore, the pricing basis for refined goods in Southeast Asia. This will be the second consecutive week of a diesel price rollback, while gasoline prices increased. “Diesel prices are estimated to roll back next week due to the market focusing on the announcement that G7 is planning to release 100 million barrels of reserves,” DOE director Rino Abad said in an online message. He said gasoline prices are expected to remain elevated, primarily due to continued strong demand on top of limited global supply. Meanwhile, a local oil industry source also cited the same reasons for the diesel price drop next week — the G7 announcement — but gasoline prices are expected to go up because of firm regional demand amid low inventories and continuing supply tightness due to regional refinery shutdowns and China’s export ban. But the source noted that despite oil prices being relatively weaker this week because of the G7 reserve releases and recovering Middle Eastern oil supply, continued tanker attacks and further escalation in the region have heightened supply concerns again and could make prices volatile in the coming days. “Furthermore, the shutting down of oil and gas production in the Gulf of Mexico due to an approaching hurricane could also push prices further upwards in the coming days as well,” the source continued. Recently, the G7 announced that 100 million barrels of oil and diesel will be released to ease supply concerns that have driven prices to skyrocket. It includes a “substantial release” of diesel within 20 days, with talks of possible “additional diesel” releases if needed. This week, based on available price adjustment bulletins, diesel prices declined by up to P1.30 per liter, while gasoline prices jumped by up to P1.93 per liter.manilatimes · philippines
BUSINESSOct 9Is governance a brake or a catalyst?A WELL-DESIGNED regulatory framework is often described as a “brake” on innovation. Too many rules slow companies down, too much compliance burdens entrepreneurs, and too much uncertainty chases away investment. But that framing is incomplete. In the digital era, artificial intelligence (AI), data flows, online marketplaces and cybersecurity risks evolve at the speed of software releases. Here, governance must also be seen as a catalyst. It can create the conditions under which innovation becomes safer, faster and more widely shared. When regulation clarifies rights and responsibilities, levels the playing field and establishes trust, innovators can build on something stronger than their own risk models. Public trust, in turn, enlarges adoption; adoption enlarges markets; markets attract more innovation. In that sense, regulatory frameworks are not merely constraints — they are infrastructure for digital economies. To make governance both a brake and a catalyst, regulators must master three skills. They must set clear baselines without freezing experimentation, build compliance pathways that are practical for companies of different sizes and enforce rules consistently enough that the marketplace believes they apply to everyone. This is why “good regulation” cannot be only a legal text. It must also include standards, guidance, supervisory capacity and dispute resolution mechanisms. Otherwise, the rules remain aspirational — ineffective as protection and harmful as uncertainty. A regulatory framework promotes innovation when it reduces information asymmetry. Platforms often move faster than consumers, and consumers often cannot evaluate risks, especially in AI-driven systems where decisions are opaque. Regulations that demand transparency, independent audits for high-risk AI use, and clear consumer recourse systems give both innovators and users a shared understanding of how the digital market works. That shared understanding converts vague risk where investment can thrive. At the same time, regulation strengthens trust by tackling the three trust deficits that repeatedly stall digital adoption: privacy insecurity, fraud and manipulation, and unequal power. Data protection laws, security standards and anti-fraud enforcement build confidence that digital services won’t exploit users. Rules for platform conduct include fair ranking practices, complaint handling and accountability for content harms. They signal that public interests matter, not only engagement metrics. These ideas connect to the “digital majority” thesis. If digital technology reaches and empowers most people, then the legitimacy of the rules becomes essential. A digital majority cannot be governed by architecture alone. It also requires democratic accountability: regulations that reflect public values, not only corporate incentives. The emerging powers that increasingly design digital ecosystems — across Asia, Africa and Latin America — must therefore craft governance that supports innovation while guarding inclusion. Asia: ‘Sandboxing’ and data governance In Asia, a recurring regulatory strategy for balancing innovation and trust is the use of regulatory sandboxes and phased compliance. Sandboxes let companies test products with temporary flexibility while regulators learn. That learning loop is the “catalyst” part: It turns enforcement into adaptation rather than surprise crackdowns later. For instance, the Singapore approach — often referenced in fintech and digital service governance — has long used a risk-based framework that encourages experimentation while requiring safeguards around consumer protection, cybersecurity and compliance reporting. The result is not “no regulation,” but a structure where innovators know the boundaries early. In South Korea, trust-building for digital markets is often tied to strong consumer protections and enforcement coordination across sectors. Meanwhile, Japan has frequently served as a regional reference point for institutionalizing governance practices relevant to digital technologies, combining regulatory clarity with emphasis on responsible media and public communication. Another major Asian theme is data governance. When data protection laws and cross-border transfer rules are comprehensible and predictable, firms can invest in compliance rather than fear sudden enforcement. Frameworks that specify roles help companies design systems correctly from the start. In emerging economies, this clarity is particularly valuable: It allows smaller startups to compete because rules are not applied arbitrarily. Africa’s digital transformation — especially through mobile money, e-commerce and fintech — has shown how trust can become a competitive advantage. Where financial inclusion depends on digital systems, regulation becomes a direct driver of adoption. Take mobile money. In many African markets, the speed of growth outpaced early rules. Later regulatory frameworks focused on licensing, interoperability, agent conduct, consumer protection and dispute resolution. When regulators required safeguards, they reduced the uncertainty that prevented mainstream users from trusting digital payments. A concrete example is Kenya’s mobile money ecosystem. The country’s regulatory evolution demonstrated that payment innovation can scale rapidly when supervision and rules are tailored to real-world usage. Requirements around agent settlement practices, risk management and customer protections transformed mobile money from an experimental service into trusted infrastructure. That trust broadened the market — female users, rural users, small merchants and informal-sector workers included. This created a demand for additional fintech innovation such as credit scoring, savings products and digital merchant payments. In Nigeria, the evolution of digital finance regulation illustrates another balance: promoting innovation while managing systemic risks. Financial regulators have periodically tightened and clarified licensing and compliance requirements to reduce fraud and increase system resilience. While such tightening can feel like a “brake” to startups, clearer licensing criteria and compliance guidance often become a “catalyst” over time by attracting more sustainable investment and reducing risk for legitimate players. Latin America offers strong lessons on governance for digital trust in environments where inequality, misinformation risk and fraud are significant. Here, regulation often must protect consumers not only from product risks but also from market manipulation. One area where trust and innovation collide is platform power. When a few platforms dominate distribution, market entry becomes harder. Regulatory frameworks that encourage competition can stimulate innovation by lowering “access barriers.” Another lesson concerns consumer protection and data privacy. When users fear that personal data will be mishandled — or that digital services will not respond to complaints — adoption slows. Latin American regulators have increasingly focused on data protection implementation and enforcement to build consumer confidence. Where privacy rights are enforceable and institutions are capable, innovators can differentiate through trust rather than through opaque data practices. Regulation also plays a vital role in managing misinformation and harmful online content. Yet here the “brake vs catalyst” balance is delicate: Heavy-handed approaches that undermine free expression can chill legitimate innovation in media, civic tech and journalism. The best models aim for procedural fairness, include clear standards for removal or restriction, transparency reports, avenues for appeal and platform obligations. They should be measurable rather than arbitrary. A digital majority implies that digital systems are no longer peripheral; they are civic infrastructure. In that context, regulation is not an obstacle to progress — it becomes the condition for sustainable progress. When governance aligns innovation incentives with public values, it transforms trust into a multiplier. It reduces fraud, improves reliability, strengthens consumer rights and increases adoption. With more users and a more trusted environment, innovation accelerates and becomes more inclusive. Danton Remoto is writing a book on the digital majority. His literary books are being sold at Fully Booked, National Bookstore, Shopee, Lazada and Central Books website; Kinokuniya in Asia; and Amazon globally.manilatimes · philippines
BUSINESSOct 9EU to explore windfall tax on energy companiesCommissioner to consider levies as oil and gas businesses reap big profits from fallout of US-Israeli war on IranFinancial Times