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Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - October 31 -
Spain flood death toll expected to rise as weather warning systems criticised
Rescue workers are set to comb through debris in worst hit areas like Valencia, after at least 95 people were killed in deadliest floods in a generation. Rescue workers in Spain continued to search ...World - The Guardian - October 31 -
Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut
The fresh inflation print is seen as crucial in judging whether the European Central Bank could consider a half-percentage-point interest rate cut.Business - CNBC - October 31 -
The delicious rise of ramen: 17 creative, surprising, affordable ways with instant noodles
Noodle sales have been soaring – not surprising given their cost, convenience and versatility. Want to turn them into the ultimate warming dish for winter? Look no further …. Instant ramen noodles ...World - The Guardian - October 31 -
Spain floods latest: number killed passes 150 as scientists say climate change ‘most likely explanation’
At least 155 people have reportedly died with more rain forecast for the flood-hit region of Valencia. Death toll expected to rise amid anger over preparedness People in Spain: have you ...World - The Guardian - October 31 -
Reeves’s £40bn tax rises will boost growth ‘sustainably’, says IMF
Rare intervention comes as Resolution Foundation says UK will remain ‘stagnation nation’ despite push to invest. ‘It has a political vision’: five viewpoints on budget Budget 2024: what it ...World - The Guardian - October 31 -
ConocoPhillips stock rises on Q3 earnings profit beat, robust outlook
ConocoPhillips shares rose 2.8% in premarket trades Thursday after the oil giant reported better-than-expected third-quarter earnings and gave robust production guidance.Business - MarketWatch - October 31 -
Sweden abolishes tax on plastic bags despite warnings usage could rise
Levy that reduced usage by more than three-quarters in four years fell victim to rightwing culture wars, say critics. A tax that has reduced plastic bag consumption in Sweden by more than ...World - The Guardian - October 31 -
2-year Treasury yield sees biggest monthly rise since February 2023
Treasury yields finished little changed on Thursday after a closely followed inflation reading, but booked solid monthly increases.Business - MarketWatch - October 31 -
Warning tax rises could force care homes to close
Social care providers say the sector is in "unprecedented danger" without more funding.Top stories - BBC News - October 31 -
Average rate on a 30-year mortgage in the US rises for fifth straight week
The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early AugustTop stories - ABC News - October 31 -
Barclays’ chief defends Reeves as business criticises Budget tax rises
Retail and hospitality bosses warn UK chancellor that national insurance changes will lead to job lossesBusiness - Financial Times - October 31 -
Apple sales rise 6%, company seeing early iPhone 16 demand
Apple reported earnings after the bell. Here are the results.Business - CNBC - November 1 -
Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending
The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.Business - The Wall Street Journal - October 31