BusinessNews brief
Is the government really on an ‘out-of-control’ spending splurge? It’s complicated
Defence, the NDIS and health responsible for much of increased government outlays and treasurer Jim Chalmers has few levers to pull
Read in depth: Business
Volkswagen reports €5.8 billion third-quarter loss as Porsche charge and China slump weigh
The German carmaker's July-to-September loss widened sharply from a year earlier, with a large Porsche writedown and falling deliveries in China adding to pressure on its results.
World Bank forecasts 23% commodity price rise as energy and shipping shocks mount
The bank projects higher energy, metals and food prices in 2026, with further risks from conflict, disrupted grain shipments and El Niño.
Sources and context
theguardian.comSource headline and summary supplied via Currents News API. First collected by NewsJaws on 2026-10-31. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.
More from Business
Business
Binance says 90% of losses from $6.3bn hack covered as FBI says North Korea behind attack
Business
‘We’re doomed anyway’: young people disheartened about the future are splashing out on the present
Business
Crypto firm Binance covers 90% of losses after $6.3bn hack
Business