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The Bank of Canada Raised Rates Expecting About 2 Per Cent Growth. Two Days Later, the Data Put the Quarter Nearer 1.2 Per Cent.

Canada's real GDP was essentially unchanged in August, the second flat month in a row, and an early estimate shows a 0.1 per cent decline in September, Statistics Canada said on Friday 30 October. Economists had expected a 0.2 per cent gain. The figures came two days after the Bank of Canada raised its policy rate to 2.5 per cent.

By Daniel Okafor October 31, 2026

The pale stone facade of the Bank of Canada on Wellington Street in Ottawa, with a carved coat of arms above tall windows, framed by two glass towers under a blue sky.

National Express's Owner Agreed to a 46p-a-Share Takeover Worth £308 Million. The Buyer Is Taking On a Company Valued at £2.3 Billion, and Most of That Is Debt.

Mobico, the owner of National Express and Spain's ALSA, agreed on Friday 30 October to a cash takeover at 46 pence a share, valuing its equity at about £308 million. The bidder is a vehicle jointly owned by the Cosmen family, Mobico's largest shareholder, and the Madrid fund manager Asterion. Shareholders and a court still have to approve it.

By Margaret Holloway October 31, 2026

A white National Express coach with the slogan "if you know, you go" parked at a bus station in Derby, with a brick building and a white office block behind it.

Japan's Central Bank Says Underlying Inflation Is at Its 2 Per Cent Goal. Its 1.25 Per Cent Rate Is Still 1.35 Points Below Its Forecast.

By Daniel Okafor October 31, 2026

The grey stone, green-roofed Bank of Japan head office in Tokyo, with Corinthian columns and a Japanese flag, seen above trees, with modern office towers rising behind it.

Lagarde Will Leave the ECB on 7 February, Almost Nine Months Early. Three of the Six Seats on Its Executive Board Will Change Hands by the End of May.

By Margaret Holloway October 30, 2026

The twin glass towers of the European Central Bank rise beside the River Main in Frankfurt, with the city's skyline in the distance under a clear blue sky.

The Euro Area Grew 0.4 Per Cent Last Quarter, About 1.6 Per Cent at an Annual Rate. France Shrank, and Its Jobless Rate Rose to 8.5 Per Cent.

By Daniel Okafor October 30, 2026

A view over Paris from the Eiffel Tower, looking across the Trocadéro gardens and the curved Palais de Chaillot towards the towers of La Défense on the horizon under heavy white clouds.

U.S. Wages Rose 3.1 Per Cent in the Year to September, 0.6 Per Cent Less Than Prices. Employers' Health Costs Rose 6.4 Per Cent.

By Margaret Holloway October 30, 2026

A dark sign reading "United States Department of Labor, 200 Constitution Avenue NW" stands on a lawn before the long, pale Frances Perkins Building under a blue sky with white clouds.

Exxon and Chevron Earned $25.3 Billion Last Quarter. Refining Made Them Almost as Much as Pumping Oil, and Both Pumped Less.

By Daniel Okafor October 30, 2026

A wide view over hillside houses toward a refinery with rows of rust-coloured storage tanks, white spheres and drifting steam, below a ridge of hills and a clear blue sky.

DoorDash Will Pay $65 a Share, About $17 Billion, for Instacart. If Antitrust Law Blocks the Deal, DoorDash Owes Instacart $1.25 Billion.

By Alison Acosta October 30, 2026

A bright green banner reading "Curbside pickup is now available" with Publix and Instacart logos, strung in front of shrubs and palm trunks outside a beige store wall.

Caterpillar's Backlog Hit a Record $78 Billion, Up 96 Per Cent in a Year. Its Dealers Plan to Cut $1.6 Billion of Inventory This Quarter.

By Daniel Okafor October 29, 2026

A beige diesel generator set with CAT lettering on its enclosure and an exhaust silencer on top stands in a parking lot beside parked cars, with autumn trees behind.

The Cheesecake Factory Served 9.5 Per Cent More Guests Last Quarter. At Chipotle, Transactions Rose 0.8 Per Cent.

By Margaret Holloway October 29, 2026

The cream-coloured frontage of a Cheesecake Factory restaurant with red lettering and white awnings, behind palm trees, hedges and a flowering bougainvillea, below a white apartment building.

Ford's Electric Unit Lost $1.06 Billion Last Quarter, a Quarter Less Than a Year Ago. Per Vehicle Shipped, the Loss Rose to About $31,000.

By Alison Acosta October 29, 2026

A red Ford Mustang Mach-E electric crossover seen from above and the side, driving along a grey road with white lane markings beside a grass verge.

The Fed Held Rates at 3.75 to 4 Per Cent, and Two Officials Voted for a Hike. The Next Morning, Core Inflation Came In at 3.1 Per Cent.

By Daniel Okafor October 29, 2026

Kevin Warsh, smiling, in a dark suit and tie, stands in front of a row of American flags and gold curtains.

Weil Gotshal Brought In About $2.1 Billion Last Year. Its Leaders Now Recommend Closing the 95-Year-Old Firm.

By Margaret Holloway October 29, 2026

Looking straight up the white vertical piers and dark window bands of a tall Manhattan office tower, framed by tree branches against a pale sky.

The "Endless" Cruise Ship Paid $700 a Ton for Fuel Before the Iran War. It Stopped Sailing After Paying $2,000 to $3,000.

By Thomas Gutierrez October 29, 2026

A white cruise ship with Odyssey and Villa Vie Residences painted on its side lies at anchor beside a small orange tender, with green hills behind.

The Pentagon Wants Its Major Bases Able to Run 90 Days on Their Own. Britain Is Asking Households to Manage for Three.

By Alison Acosta October 28, 2026

A small wind turbine on a guyed pole stands among olive-green Army tents, with a ground-level solar panel, a power unit, orange traffic cones and a steel lattice tower under a blue sky.

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Two Taps & Friends Puts Three Defense Lawyers on the Week's Biggest Cases. In Legal Media, Expertise Is the Product.

By Thomas Gutierrez October 28, 2026

Three podcast microphones on boom arms over a white table, with two pairs of headphones and a coil of cables.

Opponents Have Spent $304 Million to Defeat California's One-Time Billionaire Tax. That Is About 0.3 Per Cent of What Its Backers Say It Would Raise.

By Daniel Okafor October 28, 2026

A red, white and navy San Joaquin County official ballot drop box chained outside a building, with bilingual English and Spanish signage and a QR code.

Trian Has Offered $7.35 a Share to Take Wendy's Private, About $1.4 Billion. That Is Roughly Half the $2.7 Billion of Debt the Bidders Would Keep.

By Daniel Okafor October 28, 2026

A Wendy's restaurant with a stone and stucco exterior, red patio umbrellas and a single grey car parked in front, under a clear blue sky.

Ares Capital Will Pay a 30 Per Cent Premium for an Apollo-Managed Lender. The $10.88 Price Is Still 15 Per Cent Below What the Lender Says Its Loans Are Worth.

By Daniel Okafor October 28, 2026

The black glass and white travertine Solow Building at 9 West 57th Street in Manhattan, seen from street level against a blue sky, with older towers on either side.

A Catholic Hospital System's Affiliate Will Pay $23.50 a Share for Surgery Partners, a 49 Per Cent Premium. Bain Capital Offered $25.75 Last Year and Is Keeping Its Stake.

By Thomas Gutierrez October 27, 2026

An empty operating theatre with a padded surgical table under a ceiling-mounted surgical light, flanked by two wall monitors, equipment carts, an anaesthesia unit and a blue gas cylinder, under white ceiling panels.