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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
BUSINESSOct 9EU-China understanding could halve Chinese hybrid car exportsAn understanding between the EU and China has the potential to reduce Chinese hybrid car exports by half. This suggests a significant impact on international trade and the automotive market.Seeking Alpha Tech
BUSINESSOct 9HMDA mortgages 10 land parcels to raise ₹10,000 crore for infra worksFunds will be used for construction of two greenfield radial roads, respectively from Raviryal exit of the Outer Ring Road to Amangal, and from Shamshabad to Pargi and two elevated corridors respectively on National Highway 44, and State Highway 01The Hindu
BUSINESSOct 9Karnataka wins award for highest under-construction wind power capacity of 9 GWThe Hindu
BUSINESSOct 9The surprising post-pandemic drop in income inequalityData: Federal Reserve Survey of Consumer Finances; Chart: Neil Irwin/AxiosMiddle- and lower-earners' inflation-adjusted incomes rose during the Biden years — but high earners saw their incomes fall.That's a surprising finding from one of the most thorough datasets on American household finances, released Friday morning by the Federal Reserve.Why it matters: The data sheds granular new information on a much-contested question: What happened to Americans' real incomes during the post-pandemic period? It featured an exceptionally tight job market and the highest inflation in decades, followed by Axios
BUSINESSOct 9IIMB ranks 11th globally as FT assesses impact of B-School teaching casesThe Hindu
BUSINESSOct 9EU's Covid recovery fund was 'absolutely a success': European Court of Auditors' Pierre Moscovici2020 was an annus horribilis. Covid stalked the land. Lockdowns, curfews and social distancing were the order of the day. But there was a silver lining: European countries showed themselves to be capable of great solidarity, jointly procuring vaccines and then agreeing on a mammoth post-Covid recovery fund, the Recovery and Resilience Facility (RRF). That fund has disbursed €450 billion in grants and loans to EU member states since 2021. As the RRF enters its crucial final phase, we take stock of the situation with Pierre Moscovici, the French member of the European Court of Auditors (ECA).France 24 [en]
BUSINESSOct 9China and EU avert trade conflict with ‘understanding’ on hybrid carsEuropean trade commissioner says Beijing has agreed to restrict vehicle exports in deal that shows negotiation ‘brings results’Financial Times
BUSINESSOct 9Will Bitcoin’s ’Uptober’ Hold This October?Market Analysis by covering: Bitcoin US Dollar, Ethereum US Dollar. Read 's Market Analysis on Investing.cominvesting_us · united states of america
BUSINESSOct 9"Star Wars" lightsaber used in "I am your father" duel could sell for $1 millionMore than two dozen lightsaber props are up for auction, including ones wielded by Ewan McGregor's Obi-Wan Kenobi and Hayden Christensen's Anakin Skywalker in "Revenge of the Sith."CBS News
BUSINESSOct 9Nvidia to invest in rival d-Matrix: reportNvidia is reportedly planning to invest in its rival, d-Matrix. This indicates a notable development in the competitive landscape of the technology sector.Seeking Alpha Tech
BUSINESSOct 9Country risk closes the week with a new drop to 579 pointsIt remains below the 600 points it had reached on Friday.Clarín
BUSINESSOct 9Swiss team explores Telangana’s innovation ecosystemA Swiss team is exploring the innovation ecosystem in Telangana. This indicates potential interest in the region's technological and business advancements.The Hindu
BUSINESSOct 9S&P 500’s top five stocks match market cap of bottom 434, Batnick saysAn analysis by Batnick indicates that the market capitalization of the S&P 500's top five stocks equals that of the bottom 434. This report highlights significant market concentration within the S&P 500.Seeking Alpha Tech
BUSINESSOct 9China and EU agree on hybrid cars, rare earths after trade talksBoth sides said they would adhere to 'procedures concerning company price undertakings' of hybrid cars in a joint statement released on Friday. Beijing also committed to continuing the supply of vital items such as rare earth minerals to the EU.Le Monde [en]
BUSINESSOct 9McEwen to sell Ontario properties to Discovery Mining in $55M cash-and-stock dealMcEwen is set to sell its Ontario properties to Discovery Mining in a deal valued at $55 million, consisting of both cash and stock. This transaction signifies a significant business move for both companies within the mining sector.Seeking Alpha Tech
BUSINESSOct 9Midterms present 10% swing risk for Wall Street - BofABank of America (BofA) indicates that the upcoming midterm elections pose a 10% swing risk for Wall Street. This suggests potential volatility or significant shifts in financial markets due to political outcomes.Seeking Alpha Tech
BUSINESSOct 9Flock offers voluntary separation packages to staff amid camera backlashThe automated license plate reader (ALPR) firm Flock Safety has offered employees voluntary separation packages ahead of its “next phase of growth,” as the firm faces mounting scrutiny from communities and policymakers across the country. “Flock recently offered current employees a generous Voluntary Separation Program as part of our efforts to position the company for…The Hill
BUSINESSOct 9TAR rejects Meta appeal, AGCOM resolution on fair pay upheldAfter ECJ made same ruling in MayANSA [en]
BUSINESSOct 9Logistics Plus Founder and CEO Jim Berlin Honored with Lifetime Achievement AwardLogistics Plus founder Jim Berlin received the Lifetime Achievement Award from the Center for European Policy Analysis at a gala in Washington, D.C., honoring his enduring impact in logistics anderienewsnow · united states of america
BUSINESSOct 9Which European countries are winning the tech funding race?Investment in European tech startups is rebounding after a slow summer, but remains unevenly spread with the UK capturing almost half of all funding, according to figures from tech.eu.EuroNews [en]
BUSINESSOct 9Pilgrim's Pride forms special committee to advise on JBS proposalPilgrim's Pride has established a special committee to evaluate a proposal from JBS. This indicates significant corporate activity and a potential business transaction between the two entities.Seeking Alpha Tech
BUSINESSOct 9China and Europe agree to cut Chinese hybrid vehicle exports by halfEurope's trade chief Maroš Sefčovič cast the two days of talks with China's Commerce Minister Wang Wentao in Beijing as a positive first step.CNBC
BUSINESSOct 9SEC Proposes Expanding Securities Eligible for Cross Trading by Registered FundsThe Securities and Exchange Commission today proposed amendments to the Investment Company Act “cross-trading rule,” which permits transactions in securities between a registered fund and its affiliates under certain conditions. The proposed amendments…SEC