Category: Business

Oil advanced a fourth day after OPEC+ said it planned to pause output increases in the first quarter of 2026, following another modest hike for next month. Bloomberg’s Stephen Stapczynski reports. (Source: Bloomberg) Source: Bloomberg Markets.

National Australia Bank Ltd. hired Shivanan Sivarajah to lead its business in Asia Pacific outside Australia as Chief Executive Officer Andrew Irvine pushes to boost its regional presence. Source: Bloomberg Markets.

Saudi Arabian equities fell the most since late September after the country’s markets regulator suggested it may take longer than expected to roll out reforms allowing foreign investors to own a majority share in local companies. Source: Bloomberg Markets.

A year after winning the Nobel Prize for his work related to machine learning, Geoffrey Hinton, the “Godfather of AI,” is sounding the alarm. He says that artificial intelligence could one day outsmart and overpower its creators. Hinton warns that tech giants are moving too fast, that global cooperation is needed, and that we may…

Saudi Arabia’s biggest chemical company reported a profit to snap a string of three straight quarterly losses, in a sign it is making progress in battling through a prolonged industry downturn. Source: Bloomberg Markets.

While clashes between the US and China over tariffs and trade restrictions have been a dominant theme in the technology world, this year’s hottest Asian stock demonstrates how the nations still rely on each other. Source: Bloomberg Markets.

As Halloween monsters of all stripes flood neighborhoods in search of candy and parties this weekend, credit markets are seeing the resurgence of a different type of zombie. Source: Bloomberg Markets.

This week, Former US Treasury Secretary Lawrence H. Summers agrees with Federal Reserve Chair Powell’s reluctance to lock in a December rate cut. And, with new congressional momentum and a victory in midterm elections, Argentina’s President Javier Milei gets the electorate’s buy-in to continue economic reforms that have had mixed results. Plus, Geoffrey Hinton, the…

Macau’s gaming revenue rose 15.9% in October, exceeding analyst expectations as the world’s biggest gambling hub experienced a rebound in players after China’s Golden Week holiday was foiled by bad weather. Source: Bloomberg Markets.

As Alphabet Inc.’s Google and other US tech behemoths pledge billions of dollars to build artificial intelligence infrastructure in India, investors are racing to identify local firms set to benefit from the wave of investments. Source: Bloomberg Markets.