Business News
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JetBlue Creditors Hire Advisers as Bonds and Shares Sink
JetBlue creditors hire PJT Partners and Akin as falling bonds, cash burn, high oil prices and $8.5 billion in debt raise financial concerns.
ISFB Ignite Brings Real-World Finance Into College Life
Imarticus School of Finance's ISFB Ignite combines industry interactions, finance workshops, team challenges and fintech exposure to prepare undergraduates for careers.
IMF Warns Risks Could Derail India’s 7% Growth Outlook
The IMF raised India's FY2026-27 growth forecast to 7%, but energy prices, rupee weakness, AI uncertainty and El Niño could threaten the outlook.
China Urges Oil and Gas Firms to Boost Production
China urges oil and gas companies to expand exploration, boost crude oil and natural gas production, and accelerate strategic supply base development.
Generali to Cut 800 Jobs in Germany by 2030
Generali plans to cut around 800 jobs in Germany by 2030, consolidate offices and invest over €100 million in technology and artificial intelligence.
Oil Prices Top $115 as US-Iran Conflict Fears Grow
Brent crude climbed above $115 a barrel as fears of renewed US strikes on Iran, threats to Gulf infrastructure and Strait of Hormuz shipping raised supply concerns.
Wall Street Falls as AI Selloff and SpaceX Fears Hit Stocks
Wall Street futures fell as AI spending concerns pressured tech stocks, while SpaceX wireless competition fears hit major telecom shares ahead of earnings.
UK Borrowing Set to Rise as Bond Dealers Eye 2027 Needs
UK bond dealers expect gilt issuance to reach £249.6 billion in 2026/27, while higher 2027 borrowing needs and tighter fiscal headroom challenge the government.
Norsk Hydro Q3 Profit Rises 51.6% but Misses Forecast
Norsk Hydro's adjusted EBITDA rose 51.6% to 9.09 billion crowns in Q3, missing forecasts as higher metal prices increased working capital needs.
Silver Rate Today: MCX Price Falls 3% to ₹1.93 Lakh
Silver rate today fell over 3% to ₹1,93,545 per kg on MCX on October 23, while city-wise bullion prices varied across major Indian markets.
Rolls-Royce Nears £200 Million UK Engine Subsidy Deal
Rolls-Royce is reportedly close to securing up to £200 million in UK government funding to develop its UltraFan 30 engine for short-haul aircraft.
Gold Rate Today: Prices Fall Rs 1,300 per 10 Grams
Gold prices fell Rs 1,300 per 10 grams in India on October 23, with 24K gold at Rs 1,42,330 and 22K gold at Rs 1,30,469.
Apple Launches iPhone Duo as Foldable Phone Sales Begin
Apple has launched its first foldable smartphone, the iPhone Duo, with strong pre-orders, mixed reviews and supply constraints shaping its market prospects.
Microsoft AI Diagnosis Tool Outperforms Doctors in Study
Microsoft has developed an AI diagnostic tool that was more than twice as accurate as general physicians in complex medical cases, according to a study in Science.
Japan Weighs Gasoline Subsidy Cuts as Fuel Costs Rise
Japan is considering gradually cutting gasoline subsidies from December, potentially raising petrol prices to 180 yen per litre as government costs mount.
Nasdaq Futures Fall as AI Concerns and Oil Prices Rise
Nasdaq futures fell nearly 2% as doubts about AI investment returns and rising oil prices pressured technology stocks and heightened global market uncertainty.
Oil Prices Hit Five-Month High as Brent Crude Reaches $112
Brent crude climbed to $112 a barrel as attacks in Saudi Arabia and vessel incidents near the Strait of Hormuz heightened global oil supply concerns.
Polymarket and Kalshi Expand Political Donations in 2026
Polymarket, Kalshi and their founders have donated at least $5 million to political groups as legal disputes and regulatory scrutiny intensify across the US.
































