BusinessNews brief
Nationwide to cut 275 jobs in latest round since takeover of Virgin Money
Exclusive: Bosses tell staff cuts part of effort to ‘simplify’ operations and ‘remove duplication’ across wider workforce
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 2026-10-25. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.