Beauty World Plaza offered for collective sale for third time at S$165 million
The Singapore property is back on the market at the same guide price as its 2018 and 2019 attempts. Its public tender is scheduled to close on Nov. 19.
Section
Business
Companies, labor, strategy, supply chains, and leadership.
442 stories
China's producer prices rise 5% in September, fastest since June 2022
Producer prices accelerated as consumer inflation remained modest, pointing to an uneven rise in prices across China's economy.
Bank of America faces more than $1.21bn in US penalties over compliance failures
US regulators announced penalties tied to anti-money-laundering and sanctions violations, with a $750 million OCC penalty credited toward a larger FinCEN penalty.
Hyundai Motor Group announces $15.5 billion India investment plan through 2032
The company says the seven-year plan will fund manufacturing, research, local suppliers and future technologies in India.
White House spokeswoman cites $54 billion for Alaska LNG; Seoul says decision pending
At her first briefing, Katie Zacharia described $54 billion as tied to an Alaska gas project in a South Korean investment package. South Korea says the project still needs review.
IMF raises UK growth forecast for 2026 but expects slower expansion next year
The fund now expects the UK economy to grow 1.3% this year, up from its July forecast, while projecting slower growth and inflation above 2% in 2027.
British Airways flight returns to Gatwick after reported window crack
Flight BA2660 to Faro turned back over north-western France. British Airways said it landed safely and passengers were due to continue their journey.
Bellway says buyer scheme could lift annual home completions by about 10%
Chief executive Jason Honeyman says the proposed Your First Home scheme could help Bellway return to building at least 10,000 homes a year, depending on the market and final...
BetMGM Q3 revenue rises 7% as company maintains annual outlook
BetMGM reported $710 million in third-quarter net revenue and reiterated its 2026 guidance, while expecting results toward the lower end of both ranges.
CERT-FR expands alert as investigators hunt French supermarket fridge hackers
France’s cyber agency added controller systems to its alert after refrigeration attacks disrupted supermarkets. Investigators have not publicly identified the attackers.
Volkswagen CEO says European mass-market carmakers face ‘enormous pressure’
Oliver Blume called for more flexible regulation and incentives for local manufacturing as Chinese competitors gain ground in Europe.
Kremlin says government is discussing Yandex disruption after data-centre strikes
Kremlin spokesman Dmitry Peskov says officials are discussing Yandex’s problems after attacks on three data centres. The extent of any user financial losses remains unclear.
TFG London investigates cyber incident affecting Hobbs, Whistles and Phase Eight
The retailer has paused online orders while it checks affected systems and whether customer information was accessed. Its stores remain open.
Anthropic and OpenAI face questions over what outside AI evaluators can publish
Reuters reports negotiations over publication rights for outside AI evaluators. The companies describe their review and redaction practices differently.
Samsung and SK Hynix shares fall as CXMT chip plans and AI spending worries weigh
South Korean chip stocks led an Asian market slide on 13 October, as investors weighed a reported advance by Chinese rival CXMT and comments from Broadcom’s chief executive.
Business
IMF outlook forecasts Middle East and Central Asia economic contraction in 2026
The IMF’s latest outlook projects a 0.3% regional decline, reversing its April forecast for growth, according to Al Jazeera.
Anthropic tests point to AI self-replication risk on connected devices
The company says smaller models may soon be capable of replicating across connected devices, but its tests have not demonstrated a reliable real-world AI worm.
China approves Visa’s preparations for domestic bankcard clearing
China’s central bank has cleared Visa to prepare a local bankcard clearing institution, but the company has not yet been authorised to start domestic operations.