News

Trump and Obama campaign at rallies ahead of Election Day, two reports will give latest insights on GDP and inflation ahead of midterms, Israel's election is deadlocked.

The oil major hiked its share buyback program as global volatility in energy markets saw profits soar.

Alphabet reported a disappointing third quarter, and shares tumbled after the results were released.

The European Central Bank is widely expected to keep rates on hold at its October meeting. But with inflation running nearly double the target rate and France facing a fiscal crisis, watchers will be eyeing any clues on whether the ECB is readying a hike when it meets again in December. CNBC's Annette Weisbach reports from Frankfurt.

Oil prices declined Thursday as prospects of renewed peace negotiations eased fears of supply disruptions stemming from escalating tensions in the Middle East.

Lieutenant General Brett Sylvia was removed as head of strategy, plans and policy on the Joint Chiefs of Staff.

Tencent and Visa are expanding their payments partnership following recent regulatory approvals for foreign financial firms in China.

Samsung Electronics reported third-quarter earnings on Thursday.

With the final count unlikely to shift results significantly, experts say Gadi Eisenkot’s hopes of unseating Benjamin Netanyahu rest on his willingness to work with Palestinian partiesFull report: Coalition talks loom in IsraelAnalysis: Israel’s choice: Netanyahu remaining in power or a Palestinian-backed coalitionIsrael’s far-right national security minister, Itamar Ben-Gvir, has called for the arrest of leaders of Arab political parties, citing unsubstantiated claims of foreign funding.In a post on X, he said the Shin Bet, Israel’s domestic security service, “must order, as early as this morning, the arrest of the leaders of the Arab parties suspected of involvement with Qatari funds”, without clarifying further.Election day passed with very few irregular incidents concerning the integrity of the election, even when compared to previous elections.It should be emphasised that there is no investigative- or intelligence-based supporting evidence for the claims. Continue reading...

Healey’s bid to provide ‘breathing space’ over Iran war gives rich almost as much as poor, says Resolution FoundationBusiness live – latest updatesBudget 2026: what it means for your wallet, your mortgage and your payJohn Healey delivered a “scattergun” budget that did little to boost living standards and left Britain facing “a painful second half” of the parliament, a leading economic thinktank has warned.The Resolution Foundation said on Thursday that measures to ease household gas and electricity costs would still leave energy bills higher this year than during the last energy shock. Continue reading...

Resolution Foundation says ‘poorest half of households will gain… just £14 more than the £144 received by the richest half’Good morning. The day after the budget is often the moment when big initiatives announced by the chancellor the day before with a flourish start to unravel as experts pore over the small print. There is not much of that happening this morning – mainly because John Healey did not have any really big initiatives up his sleeve. Compared with a normal budget, his tax and spending initiatives were mostly relatively minor. That means that the opposition parties have been struggling to find things to attack, and so instead they have resorted to criticising Healey for what he did not do: slash welfare (the Tory/Reform UK solution), or join the EU’s single market (the Lib Dems’).Healey has given interviews to all the main broadcasters, which are playing out this morning, but they were recorded last night and they don’t have any sensational new revelations. As Rowena Mason reports, one of the top lines was Healey saying he would cut welfare spending before the election.It accuses Healey of a “complete failure” to target help with energy bills at those most in need. It says:The poorest half of households will gain £158 on average from cost of living support this year and next, just £14 more than the £144 received by the richest half – highlighting a complete failure to target help at those who need it most.It says long-term public spending plans imply a return to austerity. It says:Tight spending plans beyond 2028-29 imply departmental budgets will take more of the strain in the future. But if the 3% defence target is met and real health spending continues to grow at 2.6%, pencilled-in spending totals imply that funding for 13 ‘unprotected’ departments will fall to just 4.7% of GDP by 2031-32, close to the post-austerity historic low.It says people will get poorer between now and the end of the parliament. It says:Median real annual disposable incomes for working age households are set to grow by a paltry £600 over the course of the parliament. Worse still, those gains are already behind us. Between now (2026-27) and the end of the parliament (2028-29), typical incomes are forecast to fall in total by £1,050 (3 per cent). Continue reading...

From a young chef and a single father to business owners and a pensioner, Guardian readers reveal how John Healey’s measures will affect themWhat the budget means for youLouie, 24, a chef living in London, says a lot of people have “written off the idea of even considering getting a property” in their 20s. Continue reading...

Pauline Hanson says Anthony Albanese made ‘unsolicited’ offer of adviser with $200,000 salary to one of her MPsGet our daily political email, free app or daily news podcastThe prime minister, Anthony Albanese, offered the One Nation MP David Farley an additional staff member in what the party has called an “unsolicited” move, made in an attempt to win over the new politician using taxpayer funds.In a statement posted on social media, Pauline Hanson claimed the move, which would cost taxpayers as much as $200,000 in additional salary, was an attempt to “exert undue political influence” over politicians. Continue reading...

Vana-Reese Schuster-Togiatau was injured during the shooting outside Fitzy’s Loganholme in the city’s south on SaturdayGet our breaking news email, free app or daily news podcastPotential gang involvement in the fatal drive-by shooting of a 19-year-old woman is being investigated by police.Vana-Reese Schuster-Togiatau, from Jimboomba, was hit in the head and neck when masked gunmen opened fire into a crowd outside Fitzy’s Loganholme, a pub in Brisbane’s south, on Saturday night. Continue reading...

Sanrio ends association with TV drama Vivant after China says portrayal of ruthless Chinese agents is ‘deliberate smear’The company behind the successful Hello Kitty franchise has apologised and ended its commercial tie-up with a Japanese TV drama after Chinese state media and netizens condemned the show’s “deliberate smears” against China.Sanrio, a Japanese firm whose characters are popular around the world, said in a post on the Chinese social media site Weibo that it had decided to end its association with the TV drama Vivant after concluding that it “contained elements inconsistent with Sanrio’s core values”. Continue reading...

Energy firm to return $5bn to shareholders as climate campaigners criticise high profitsShell has doubled its profits in the last quarter after the Middle East conflict drove up the price of oil and gas and created shortages in the global market.Shell reported on Thursday morning that it made an adjusted profit of $10.8bn (£8.1bn) in the July-September quarter, up from $5.432bn in the third quarter of 2025. The results beat analyst expectations for a rise to $10.33bn. Continue reading...

The 2026 budget has been revealed; how will it affect you personally, will it change the country and has chancellor John Healey done enough to prepare for the challenges ahead? Our money and economics editors Hilary Osborne and Heather Stewart will be answering your questions from 3pm (GMT) today.Sign up or sign in to join the discussion. Post your questions in the comments below.Yesterday Chancellor John Healey gave his maiden budget under Andy Burnham’s leadership, announcing measures to cut energy bills funded by a windfall tax on banks. He characterised his plan as “a budget built on fiscal discipline” fit to face “global economic storms” that are driving up up energy prices.Does Healey’s budget represent a break with the past, or is the lower-than-expected tax on banks just another example of tinkering around the edges by another Chancellor fenced in by self-imposed fiscal rules? Continue reading...

Chancellor’s comments come as fiscal watchdog says disability benefits will cost £100bn a year before end of decadeBusiness live – latest updatesJohn Healey had said there will be a reduction in the welfare bill before the next election, with a “tough” approach to young people who do not accept support to get a job or training.The chancellor was repeatedly pressed on the issue in broadcast interviews after documents from the Office for Budget Responsibility suggested sickness and disability benefits would cost £100bn a year before the end of the decade. Continue reading...

Prime minister vows not to slash health and education funding amid political problem over handling of economyGet our daily political email, free app or daily news podcastAnthony Albanese has ruled out major cuts to health, education and essential services in December’s mid-year budget update, but conceded savings are required as Labor struggles to curb accelerating inflation.Amid growing pressure from within Labor’s own ranks, as well as from the opposition and business, Albanese said the Coalition was hypocritical in not supporting existing savings proposals, including the government’s plan to reduce the private health insurance rebate for people over 65. Continue reading...

Richard Norton, 75, went into cardiac arrest in March 2025 after injecting prescribed but unapproved CJC1295 and ipamorelinGet our breaking news email, free app or daily news podcastThe death of an Australian actor after injecting unapproved peptides could result in tougher restrictions on the substances.Richard Norton, 75, an experienced film industry fight choreographer, stuntman and martial artist, went into cardiac arrest in March 2025 after injecting a prescribed but unapproved peptide. Continue reading...

Get our breaking news email, free app or daily news podcastGas reservation policy set for lower house vote todayAustralia’s domestic gas reservation is set to be debated and voted on in the lower house today.Rather than international base companies, determining through algorithms what Australians receive, it empowers people themselves to determine what you receive on your devices, so that you should have that control.This isn’t about government having a greater role. It’s about people having a greater role, having more control themselves, and it’s deserving of support of this parliament. Continue reading...

The recordings appear to show one high-speed train was given clearance to move even though another up ahead had stalled.

Jose Mourinho has spent the past decade seeing other managers hailed as geniuses, but did Real Madrid's win at Barcelona last week show he's been misunderstood?

The Milwaukee Brewers win the World Series for the first time in the franchise's 57-year history after beating the Tampa Bay Rays in game five on Wednesday.

Jonathan Head is in Cebu, reporting from outside the home where Markle last resided.

Having cost Leeds United an 'eye-watering' fee, Tarik Muharemovic has impressed so much that some fear the club face a battle to keep him.

German Chancellor Merz and other EU leaders reportedly pushed for the terms to be removed from the draft statement.

Harry Kane gets a guard of honour before the match in Munich; Vincent Kompany out of hospital after collapsing on pitch.

Second tragedy on line in about nine months raises questions about levels of investment in railway maintenance.

African nations weigh political incentives as Moscow offers limited economic benefits compared with China and the West.

Former Brazil captain Neymar sanctioned by sports tribunal for actions after his red card in match against Bahia.

Arab states must reject Israeli hegemony and build a regional security framework independent of Washington.

Biden-era officials who quit over Gaza urge Democratic candidates for next presidential race to denounce the policy.

El Salvador troops to support rescue mission to find four UN-backed soldiers who disappeared after ambush.

Warriors beat Timberwolves, Philadelphia 76ers power past Indiana Pacers and Cleveland Cavaliers top Washington Wizards.

Seoul accuses Pyongyang of causing a landmine explosion that injured three of its soldiers, an accusation North denies.

Manchester City overcome Brighton 4-3 on penalties after 2-2 draw and will play Bradford for a spot in the semifinals.

With five days until the US midterms, here's what polls show, the latest campaign news and what's next.

The Serbian student mobilisation chose a political strategy that ensured its success where others had failed.

As protests over living costs and programme cuts spread across Europe, under-35s hold 2.8%t of household wealth.

A rare localized peace deal announced by the first lady, Melania Trump, offered a brief respite for Kherson, where Russian drones and artillery have long terrorized civilians.

The White House has been rocked by turnover and anxiety over the midterms. The president, who is tightening his inner circle, has lashed out at critics, held meandering rallies and feasted on a diet of news clips and “A.I. slop,” as one aide put it.

President Trump had lashed out at Mary Peltola after The New York Times reported that her campaign and national Democrats helped recruit spoiler candidates to the race. He offered no explanation of what crime may have been committed.

The protests roiling the continent express feelings of generational futility.

A rare localized peace deal announced by the first lady, Melania Trump, offered a brief respite for Kherson, where Russian drones and artillery have long terrorized civilians.

The cruise promised a lifetime of sailing, for less than what it cost to live on land. But it was underfunded and couldn’t absorb the rising cost of fuel.

Canadian astronaut Joshua Kutryk to conduct his 1st spacewalk  CBCKutryk to become fifth Canadian astronaut to perform a spacewalk  paNOWMedia Advisory - Space-to-Earth connection: Minister Olszewski joins CSA astronauts to discuss Kutryk's first spacewalk  PR Newswire Canada2 astronauts prep for landmark spacewalk at ISS. Here's what to expect  Yahoo News CanadaAstronauts Are Go For Thursday’s Power Upgrade Spacewalk  NASA (.gov)

Raptors find blueprint for life without Leonard in win over Magic  Sportsnet.caScottie Barnes leads Raptors to rout over Magic without Kawhi Leonard  CityNews TorontoRaptors 129-99 Magic (Oct 28, 2026) Game Recap  ESPNSetting the Pick: CMB and Walter will seize extra opportunity vs. Magic  TSNA closer look at the Raptors 17-5 record in 2019 ahead of Magic matchup  Raptors HQ

Cloudflare Introduces Web Search API for AI Applications  infoq.com

Throwback Thursday: When Bike Brands Make Horror Films  Pinkbike