Latest in News updates from October 24: Rachel Reeves confirms change to UK fiscal rules to help fund £20bn investment; US stocks close higher lifted by Tesla rally
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Business - Financial Times
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyOctober 14 - United Kingdom -
Top stories - BBC News
Reeves signals hike in National Insurance for firms
The chancellor was speaking at the government's International Investment Summit, where deals worth £63bn were hailed.October 14 -
World - The Guardian
Rachel Reeves gives closing speech at UK investment summit – business live
Chancellor says £60bn of investment has been announced at summit, showing confidence in UK economy. Keir Starmer will promise to slash red tape as he hosts investment summit Who will attend ...October 14 - United Kingdom -
World - Financial Times
Gambling stocks hit by fears of UK Budget tax grab
Ladbrokes owner Entain falls 8% while Flutter loses 6%October 14 - United Kingdom -
World - The Guardian
‘The purpose is social good’: Watford Women draw unique US investment
As well as helping to make the team financially sustainable, new partnership with Sound of Gol aims to tackle inequality. American investment in English football clubs is on the rise – from Arsenal ...October 14 -
Business - CNBC
ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth
American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.October 14 - United Kingdom -
Business - Financial Times
Chinese stocks gain after Beijing lays out fiscal plans
Government plans to increase spending to boost world’s second-largest economyOctober 14 - China -
World - The Guardian
Elon Musk was not barred from UK investment summit, says cabinet minister
SpaceX owner would be invited in future if he had investment streams the UK could bid for, says Peter Kyle. Elon Musk would be welcome at future UK investment summits if and when he had investment ...October 14 - United Kingdom -
Business - The New York Times
China’s Stock Markets Rebound on Promises to Help Businesses
Assurances from government officials on plans to strengthen the private sector offset a lack of specifics about economic stimulus.October 14 - China -
Business - Financial Times
Biggest US public pension fund Calpers invests in UK’s Octopus Energy
California retirement fund among investors drawn to power company for its software and green focusOctober 14 -
Business - The Wall Street Journal
Waymo, Uber, Lyft Are Biggest Winners From Tesla's Robotaxi Flop
Tesla’s disappointing Robotaxi event highlighted how late the company is to the autonomous-vehicle race, leaving the door wide open for its competitors.October 11