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BusinessOct 6Euro Area retail sales rise 0.8% Y/Y, below estimatesRetail sales in the Euro Area increased by 0.8% year-over-year, which is below expected estimates. This indicates moderate growth in consumer spending for the region.Seeking Alpha Tech
BusinessOct 6Wall Street on track for record profitsData: NYSE/Intercontinental Exchange via the New York State Comptroller; Chart Emily Peck/Axios; Note: 2026 projected by the comptroller if first-half growth continues at current pace. First-half 2026 profits were $45.9 billion. Profits are for broker-dealer operations of NYSE member firms and are not adjusted for inflation.Wall Street profits are blowing past expectations this year, the New York State Comptroller's office finds in a new report.Why it matters: Profits are on track for an all-time record, a sign of how the AI boom is fueling dealmaking and how volatile markets are helping tradiAxios
BusinessOct 6From a Fangio V8 to an immaculate Escort: Ford celebrated its plant anniversary surrounded by legendsLa marca abrió sus puertas para celebrar más de seis décadas de producción nacional.Más de 100 clásicos participaron de la convocatoria. Los ganadores de cada categoría.Clarín
BusinessOct 6Cautious optimism among local automakers after Bolsonaro's victory in the first roundAlthough they consider it "premature," they understand that an eventual victory for the right-wing candidate could unblock negotiations to renew the bilateral agreement.Clarín
BusinessOct 6The automotive industry continues to go backwards: 15.7% drop in September and 16.9% so far this yearAutomotive manufacturers produced 39,747 vehicles last month. The drop is due to lower sales at local dealerships, as exports rose in September and also in the year-to-date.Clarín
BusinessOct 6Alberto Ades, the economist who presented to the cabinet: "Not even for a shot do we return to the market with this country risk"The Wall Street executive was invited by the Government to speak before officials. He said that the most difficult stage to lower inflation has begun and that "this doesn't feel like a recession." He believes dollarization will continue but that the US will help with the currency swap.Clarín
BusinessOct 6New Hollywood era begins with an epic mega merger between Paramount and Warner Bros.The Paramount and Warner Bros. merger has survived court challenges, public protests and regulatory scrutiny. Now, the Hollywood heavyweight, named Skydance, begins operating.NPR News
BusinessOct 6Moonshot AI eyes Hong Kong IPO after $50 billion valuation as DeepSeek raises capitalChinese AI start-up Moonshot AI is targeting for a Hong Kong listing in early 2027 after its valuation hit $50 billion (€44.6bn), while rival DeepSeek is raising between ¥80 billion (€10.6bn) and ¥100 billion (€13.3bn) in a round led by Tencent and CATL, fuelling bets on its own market debut.EuroNews [en]
BusinessOct 6NHAI invites bids for ₹11,537-crore Amaravati Outer Ring RoadThe six-lane access-controlled road is divided into four packages on Hybrid Annuity Mode; bids are to be submitted by November 18The Hindu
BusinessOct 6U.S. real estate ETF hits lowest relative level on recordSeeking Alpha Tech
BusinessOct 6Stock futures rise after Nasdaq hits record highSeeking Alpha Tech
BusinessOct 6Short trade truce can’t paper over realities of US-China relationshipThe recent US-China summit yielded a narrow, caution-filled outcome for bilateral trade: a two-month extension of the Kuala Lumpur trade truce, which now expires on January 10 next year. This reprieve eases fears of immediate tariff escalation and shows that head-of-state diplomacy can still curb spiralling confrontation. Yet the short timeline exposes the wide gulf separating the two sides’ priorities. China’s position has been unambiguous: removal of all punitive tariffs and restrictive...South China Morning Post
BusinessOct 6Italian economy's solidity will help wages recover in 2027-28 - ECB's Lane tells ANSACentral bank's rate hikes saved Italian households from greater damage - chief economistANSA [en]
BusinessOct 6China’s Transsion, Africa’s top phone maker, targets US$500 million Hong Kong listingShenzhen Transsion Holdings, the maker of Africa’s bestselling phones, aims to kick off its Hong Kong share offering on Wednesday to raise up to US$500 million ahead of a targeted October 15 listing, according to people familiar with the matter. The company, which already trades in Shanghai and has a market capitalisation of 62 billion yuan (US$9.24 billion), could offer up to 132 million offshore ordinary shares, according to approval documents from the China Securities Regulatory Commission...South China Morning Post
BusinessOct 6Senegal: why Dakar is not emerging from the housing crisisLe marché locatif haut de gamme se grippe dans la capitale sénégalaise, où les montants des loyers ont chuté de 10 % à 30 % en deux ans. À l’inverse, la demande reste forte sur les petites surfaces « abordables », pour lesquelles il y a pénurie. État des lieux d’un marché sous tension.Jeune Afrique
BusinessOct 6VirTra secures five-year sole-source IDIQ contract with U.S. Customs and Border ProtectionVirTra has secured a five-year sole-source IDIQ contract with U.S. Customs and Border Protection. This signifies a notable business agreement for the company and continued support for the federal agency.Seeking Alpha Tech
BusinessOct 6Biggest stock movers Tuesday: FRSH, OPCH, CEG and moreThe article reports on the biggest stock movers from Tuesday, highlighting the performance of specific companies. This provides an overview of notable shifts in the stock market.Seeking Alpha Tech
BusinessOct 6West Kowloon arts hub deficit widens to HK$998 million as operating costs riseThe authority managing Hong Kong’s arts hub in West Kowloon recorded a wider deficit in the 2025-26 financial year but expects to generate more income next year by putting a residential development project out to tender. The West Kowloon Cultural District Authority’s deficit ballooned to HK$998 million (U$127 million) in the year to March 30, from HK$769 million in the same period a year earlier. The increase was mainly due to higher operating costs as it prepared to open the new WestK...South China Morning Post
BusinessOct 6Europe markets in green as bond pressure easesEuropean markets are showing positive performance due to an easing of bond pressure. This indicates a favorable financial trend in the region.Seeking Alpha Tech
BusinessOct 6Global oil stocks are alarmingly low and could take two years to rebuild, Aramco warnsEuroNews [en]
BusinessOct 6SonicStrategy announces amended terms of private placement of up to $4.5MSonicStrategy has announced amended terms for a private placement, seeking to raise up to $4.5 million. This indicates a change in their financing strategy for the investment.Seeking Alpha Tech
BusinessOct 6Mox, BOCHK, ZA Bank and Citibank apps land among Asia-Pacific’s 10 best, study saysBanking apps from Mox Bank, Bank of China (Hong Kong) (BOCHK), ZA Bank and Citibank Hong Kong are among the top 10 in Asia-Pacific, according to a Sia Partners study exclusively previewed by the South China Morning Post. Sia, an international consulting firm, assessed 145 banking apps in 20 markets in Europe, Asia and Australia using 100 criteria, including functionality, user experience and feedback, with each receiving a score from 0 to 100. The app from digital lender Mox Bank – backed by...South China Morning Post
BusinessOct 6How Singapore’s local cafes compete with Chinese coffee giant LuckinWhen Chinese coffee giant Luckin Coffee moved into the unit next to his neighbourhood cafe in Singapore, Folk Yard owner Chew Yit Shan grew nervous. Luckin launched with an aggressive promotional deal of S$1 (78 US cents) per cup, served in just two minutes. In the first few months following its arrival, Chew saw sales at his independent cafe drop by 15 per cent. But once the initial hype had died down and the promotions ended, Chew said regular patrons returned and coffee sales bounced...South China Morning Post
BusinessOct 6Arthur J. Gallagher buys Winter & Co SolicitorsArthur J. Gallagher has acquired Winter & Co Solicitors, indicating a business transaction within the legal or insurance sector. This represents consolidation or expansion for the acquiring company.Seeking Alpha Tech
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