President Trump's administration is aggressively pursuing new tariffs on China and Canada, cutting off trade negotiations with Canada, while sanctioning Russian oil groups and Colombia's president, deploying military assets to the Caribbean, and facing scrutiny over Trump Jr.'s Pentagon drone deal and White House renovations.

• Trump Decries Anti-Tariff Ad From Ontario, Canada, That Faithfully Quotes Reagan Speech — The New York Times Business -
• Columbia leans on endowment to offset Trump funding cuts — Financial Times -
• Trump clears way for new China tariffs and hits out at Canada — Financial Times -

• Trump’s Son Is Poised to Profit From Pentagon Drone Proposal — The New York Times Business -
• US sanctions Colombia’s president over alleged drug trafficking — Financial Times -
• Opinion | The Ellisons Play Their Trump Card in the Warner Bros. Battle — Wall Street Journal -
• Trump flattens East Wing as donors bankroll gilded White House project — Financial Times -
• Washington deploys aircraft carrier group to Caribbean — Financial Times -
• North Carolina’s Furniture Industry Scrambles as Tariffs Upend Day-to-Day Routines — Wall Street Journal -
• Trump to Investigate Whether China Abided by 2020 Trade Deal — The New York Times Business -
• US sanctions threaten major blow to Russian oil groups Rosneft and Lukoil — Financial Times -
• Senior Russian envoy arrives in US days after oil sanctions imposed — Financial Times -
• Arab states push back on Tony Blair role in overseeing postwar Gaza — Financial Times -
• Trump Jr-linked drone company wins Pentagon contract — Financial Times -
• Trump and Ukraine: tracking the US president’s shifting signals — Financial Times -
• Trump Says He’s Cutting Off Trade Negotiations With Canada — The New York Times Business -
• Trump says he is ending trade negotiations with Canada — Financial Times -
• Companies Have Shielded Buyers From Tariffs. But Not for Long. — The New York Times Business -
• U.S. Inflation Edged Higher in September as Fed Prepares to Cut Rates Again — The New York Times Business -
• Why Latin America looms so large for Trump — Financial Times -
• Japan’s Takaichi steps up defence spending ahead of Trump visit — Financial Times -
• FirstFT: US-Canada trade tensions spike — Financial Times -
• Safran Raises Outlook, Forecasts Residual Tariff Hit — Wall Street Journal -
• Lithium Giant Cheers U.S., Australia Minerals Pact, Warns on Price Supports — Wall Street Journal -
• Oil sanctions: talk is cheap — Financial Times -
• Trump piles pressure on Netanyahu with diplomatic blitz — Financial Times -
• America’s risky bid to make Argentina great again — Financial Times -
• US ‘wellness’ industry scents opportunity to go mainstream — Financial Times -
• The Trump Supremacy — Financial Times -
• Trump’s Russian oil sanctions shake energy markets — Financial Times -
• Australia’s ‘rock star’ rare earth miners profit from US-China tensions — Financial Times -
• Will India and China Be Able to Resist U.S. Sanctions on Russian Oil? — Wall Street Journal -
• Trump Opens ANWR to Oil Drilling — The New York Times Business -
• Boston Beer Boosts Full-Year Profit Outlook, Sees Lower Tariff Risk — Wall Street Journal -
• Democrats Block Federal Worker Pay Bill as Shutdown Drags On — The New York Times Business -
• Musk Attacks NASA Leader Over Threat to Reconsider Lunar Contract — The New York Times Business -

Inflation in the US remains modest, prompting the Federal Reserve to prepare less onerous bank stress tests and potential rate cuts, while Social Security beneficiaries will see a cost-of-living increase, and UK retail sales showed unexpected strength even as cash ISA limits and bond market volatility present challenges.

• Cutting cash Isa limit could lead to 60,000 fewer mortgages a year — Financial Times -
• Fed Prepares Bank-Friendly Changes to Annual Stress Tests — The New York Times Business -
• US stocks hit fresh highs after softer than expected inflation figures — Financial Times -

• Social Security Announces a 2.8% Cost-of-Living Increase for Beneficiaries — The New York Times Business -
• US inflation rises less than expected to 3% in September — Financial Times -
• Inflation Edged Higher in September as Fed Prepares to Cut Rates Again — The New York Times Business -
• Fed makes US bank stress tests less onerous — Financial Times -
• What to know about the report. — The New York Times Business -
• Shutdown Could Cancel Next Inflation Report — The New York Times Business -
• NatWest profits hit highest since before 2008 bailout — Financial Times -
• Gasoline prices drove up inflation in September but were down from a year ago. — The New York Times Business -
• Comparing Savings Accounts and CDs Before the Fed Looks at a Possible Rate Cut — The New York Times Business -
• Bonds Should Be Boring. But They’ve Been on a Roller Coaster. — The New York Times Business -
• Data showing a resilient economy largely reflect spending by the rich. — The New York Times Business -
• Why everyone is trying to sell you private assets right now — Financial Times -
• NatWest Shares Rise After Strong Customer Activity Boosts Results — Wall Street Journal -
• UK retail sales unexpectedly rise by 0.5% in September — Financial Times -
• U.K. Retail Sales Rise for Fourth Straight Month — Wall Street Journal -
• Overseas renminbi lending surges as China steps up campaign to de-dollarise — Financial Times -
• India’s banking sector gets its largest foreign investment yet — Financial Times -

Major corporations like Alaska Airlines faced operational outages, X saw a key advertising executive depart, Microsoft is expanding Xbox gaming to other platforms, and JPMorgan is involved in a legal dispute over executive legal fees, while Porsche reports losses and Grindr considers a buyout offer.

• Alaska Airlines Outage Results in Hundreds of Canceled Flights — Wall Street Journal -
• X’s advertising boss leaves in latest departure from Musk’s businesses — Financial Times -
• Microsoft’s Xbox to Remake Original Halo Video Game — Wall Street Journal -

• JPMorgan asks court to end legal fee payments for Charlie Javice — Financial Times -
• JPMorgan Accuses Charlie Javice of More Fraud. This Time Over Her Legal Bills. — Wall Street Journal -
• Auto & Transport Roundup: Market Talk — Wall Street Journal -
• With Halo: Campaign Evolved, Microsoft Brings Prized Xbox Game to PlayStation — The New York Times Business -
• Grindr Gets Buyout Offer Valuing Company at Nearly $3.5 Billion — Wall Street Journal -
• Procter & Gamble to Focus on Innovation, Not Discounts, to Attract Wary Shoppers — Wall Street Journal -
• AWS Cloud-Computing Outage Left Smart Bed Customers Without Sleep — The New York Times Business -
• Hollywood Weeps as Warner Bros. Hangs a Sale Sign — The New York Times Business -
• Porsche Skids to Loss on Bad EV Bet, Tariffs — Wall Street Journal -
• Basic Materials Roundup: Market Talk — Wall Street Journal -
• Booz Allen Cuts Jobs, Fiscal-Year Outlook as Government Funding Stalls — Wall Street Journal -
• GM Cuts More Than 200 White-Collar Jobs in Detroit — Wall Street Journal -
• Boyd Gaming Reports Sluggish Las Vegas Business Amid Tourism Slowdown — Wall Street Journal -
• Beyond Meat Expects Impairment Charge, Revenue In Line With Target — Wall Street Journal -
• HCA Lifts Outlook as Quarterly Profit, Revenue Rise — Wall Street Journal -
• General Dynamics Revenue Rises on Stronger Business-Jet Demand — Wall Street Journal -
• How a 90s restaurant chain became a Wall Street ‘it’ stock — Financial Times -
• Alaska Air’s Profit Slips as Expenses Offset Revenue Growth — Wall Street Journal -
• Sanofi Earnings Get Boost From Dupixent, New Drugs as U.S. Talks Continue — Wall Street Journal -
• Saab Lifts Full-Year Sales Guidance as Defense Demand Remains Strong — Wall Street Journal -
• UBS Names New Chief Operating Officer in Executive Team Reshuffle — Wall Street Journal -
• Eni Increases Buyback, Cost-Savings Target — Wall Street Journal -
• Japan’s Kirin to seek buyer for Four Roses US whiskey line — Financial Times -
• Steakhouses chop portions and raise prices as cost of beef surges — Financial Times -
• ‘We put our fortune in a Vipp bin’ — Financial Times -
• Military Tech Companies, Long Snubbed in Europe, Are Having a Moment — Wall Street Journal -

Labour's recent by-election defeats in Wales are intensifying pressure on Keir Starmer's leadership and sparking debate over potential income tax changes and council tax reform, while French Socialists threaten a no-confidence vote over a wealth tax and Italy considers new Airbnb rental taxes.

• French Socialists threaten to topple government over wealth tax — Financial Times -
• Lammy ‘appalled’ at accidental release of Epping asylum seeker from prison — Financial Times -
• Starmer under growing pressure from party after historic Wales defeat — Financial Times -

• Labour’s Welsh humiliation marks a realignment of UK politics — Financial Times -
• Labour fears of voter backlash grow as Reeves looks at income tax options — Financial Times -
• Big Four accountants lobby against partnership tax changes in Budget — Financial Times -
• Here’s how Britain can escape the debt doom loop — Financial Times -
• Italy considers increasing taxes on Airbnb-style rentals — Financial Times -
• Labour humiliated — but could tactical voting save it from wipeouts? — Financial Times -
• Reform UK’s ‘Doge’ unit yet to carry out any council audits — Financial Times -
• Budget, boats and a by-election — Financial Times -
• Most Britons support reforming council tax — Financial Times -
• Soldier F ruling turns spotlight on new Northern Ireland legacy bill — Financial Times -
• Labour’s Caerphilly humiliation is a bad omen — Financial Times -
• Labour suffers seismic by-election defeat to Plaid Cymru in Wales — Financial Times -
• Downing Street ‘viper’s nest’ causes civil service dismay — Financial Times -
• UK considers easing late payment rules in blow to small suppliers — Financial Times -

Brookfield is in advanced talks for a massive nuclear project driven by AI demand, as AI-powered "Vibecoding" democratizes app development for wider accessibility.

• Brookfield in Advanced Talks for Massive Nuclear Project in South Carolina — Wall Street Journal -
• With ‘Vibecoding,’ A.I. Can Help Anyone Build an App — The New York Times Business -
• With ‘Vibecoding,’ A.I. Can Help Anyone Build an App — The New York Times Business -

Canada is actively courting Asian economic ties to reduce US dependence, while South Africa and Nigeria celebrate removal from a money laundering grey list, Germany's foreign minister cancels a China trip amid rising tensions, and global carbon emissions continue their record rise.

• Canada’s PM Carney courts Asia to cut economic dependence on US — Financial Times -
• South Africa and Nigeria removed from money laundering ‘grey list’ — Financial Times -
• Official removed word ‘enemy’ from witness statement in collapsed UK-China spy case — Financial Times -

• Rare earth miners are set to come back down to earth — Financial Times -
• German foreign minister cancels China trip amid mounting tensions — Financial Times -
• Turkish court dismisses case to oust opposition leader — Financial Times -
• How Belgium’s premier scuppered Ukraine’s €140bn EU loan, for now — Financial Times -
• How we made it: carbon emissions rise to new record — Financial Times -
• Ireland set to pick hard-left president — Financial Times -
• Orbán’s Hungarian elite humbled by maverick mayor — Financial Times -
• India’s Most Valuable Export: Tens of Millions of Workers — The New York Times Business -
• The disappearances haunting Tanzania’s election — Financial Times -

The Louvre faces questions after uninsured stolen jewels, the NBA grapples with a gambling scandal involving insider trading, and an opinion piece advocates for freeing Jamie Dimon from certain political finance rules.

• Why Weren’t the Jewels Stolen From the Louvre Insured? — The New York Times Business -
• Opinion | Free Jamie Dimon (and His Employees) — Wall Street Journal -
• G. Michael Brown, Who Regulated and Then Ran Casinos, Dies at 82 — The New York Times Business -

• The Most Inevitable Scandal in Sports History Has Happened. And Will Happen Again. — Wall Street Journal -
• The Wider Costs of the N.B.A. Insider-Trading Scandal — The New York Times Business -
• 2025 Halloween Candy Trends — The New York Times Business -