Wild SPAC deal-hounds howl at moonshots
Shell companies abound again, accounting for 62% of US market debuts this year. The $28 bln raised also amounts to more than traditional IPOs in hotspots like Hong Kong and Shanghai. Ambitious tech takeover targets make them riskier investments than even SpaceX or Anthropic.
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.
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ReutersSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-12. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.