Israeli Prime Minister Benjamin Netanyahu informed Washington last week that the IDF will not target Iranian oil fields or nuclear facilities—but it will carry out strikes on military targets sometime before the U.S. presidential election on 5 November.
The death toll across Lebanon surpassed 2,300 and nearly 10,800 people have been injured since the Hamas attack on 7 October 2023.
In this year’s third quarter, sales in PepsiCo’s Frito-Lay snack division rose an “underwhelming” 1.3 percent, The Wall Street Journal reported, with Frito-Lay North America posting a decline of 1.5 percent.
After years of hiking prices to keep up with inflation, retailers are now cutting prices to hold onto shoppers who have less to spend and are looking for bargains.
On 10 October, Canada’s TD Bank pleaded guilty in a U.S. federal court to charges related to money laundering and agreed to pay $3 billion in fines, the largest cash penalty ever imposed in the U.S. on a bank guilty of money-laundering charges.
Thyssenkrupp, one of Germany’s largest steel producers, is reviewing its plan to move its steelmaking processes from fossil fuels to clean energy sources.
Stellantis, the Netherlands-based owner of 15 car brands including Jeep, RAM, and Fiat, has announced its CEO will leave the company early in 2026, while the chief financial officer and North America’s chief operating officer will depart sooner.
As Israel increases its attacks on Lebanon, it simultaneously has increased its bombing campaign in Gaza, pushing the death toll up to 42,200, with 98,500 wounded and 11,000 missing. Experts say reconstruction of the enclave could take decades.
After shrinking in June and July, Britain’s economy managed to expand 0.2 percent in August, according to the Office of National Statistics (ONS). The figure matched the expectations of economists answering a Reuters poll.
In the third quarter, Volkswagen delivered 7.1 percent fewer vehicles, citing falling sales in China, where buyers are gravitating toward native brands and Chinese electric vehicles (EVs) are higher in quality and lower in price than those from Western makers.