Business
Nestlé beats third-quarter sales forecasts as volume growth outpaces pricing
Nestlé's third-quarter organic sales growth reached 4.0%, exceeding analysts' expectations as real internal growth strengthened despite difficult conditions in North America. The company reported the results Thursday, October 22, and left its full-year...
Breville, Catapult and SiteMinder: Global growth draws broker buy ratings
Breville, Catapult Sports and SiteMinder have each won a broker buy rating as they expand internationally and sell more to existing customers. Their fiscal 2026 results show revenue growth across all three businesses, but different levels of progress o...
A Daughter's Tax Question Puts Her Parents' $1.6 Million IRA Strategy Under Review
A retired operations manager, 68, and his wife, 66, pay about $16,000 a year for investment advice on their $1.6 million in traditional IRAs. But a review of their tax returns by their CPA daughter raised a planning question: Should they convert some s...
GM Approves $20 Billion Buyback as Brownstown Plant Closure Is Confirmed
General Motors authorized another $20 billion in share repurchases on October 20, the same day its Brownstown battery plant was confirmed for closure in summer 2027. The multiyear buyback comes as GM cuts jobs and production capacity across its North A...
Brazil Diesel Imports Face Delayed Seasonal Peak as US Overtakes Russia
Brazil's seaborne diesel imports remain below seasonal norms despite the start of agricultural planting season, with the United States replacing Russia as the primary supplier amid global supply disruptions and rising domestic refining output....
Fitness App Founder Shares Why Meta Outperforms TikTok for App Marketing Growth
Max built Maxed.ai to $13k monthly recurring revenue without coding experience, revealing strategic insights about platform selection, content clipping, and cost-effective user acquisition for app developers....
India defends Russian energy purchases amid Western criticism, highlights European trade volumes
India's Ambassador to Russia Vinay Kumar defended New Delhi's energy imports from Moscow, emphasizing the need to secure affordable supplies for 1.4 billion people while noting that bilateral trade reached USD 68.7 billion in FY 2024-25....
South Korea's Youth Future Savings second-round applications close Oct. 16 with expanded benefits planned
The Financial Services Commission will close second-round applications for Youth Future Savings on Oct. 16, with account opening scheduled for Nov. 16-27. The government plans to increase preferential contribution rates and expand eligibility in 2027....
Ralph Lauren Stock Holds at Premium Valuation as Cash Generation Remains Steady
Ralph Lauren shares trade near intrinsic value after five-year surge of 248.6%, with investors weighing the fashion house's ability to sustain cash flows against a current price of $375.27 per share....
Sun International to bar social grant recipients from online betting platform amid regulatory pressure
Casino operator Sun International plans to block social grant and NSFAS recipients from accessing its Sunbet platform, relying on self-declaration amid industry concerns about protecting vulnerable players and competing with illegal offshore operators....
Grain Funds Post Mixed Session as Soybean Fund Extends Decline
The SOYB soybean fund fell 0.51% to US$27.33 on Tuesday, marking its second consecutive decline, while wheat dropped 0.74% and corn edged marginally higher in quiet trading ahead of key planting season developments....
AT&T Faces Mixed Analyst Ratings as Stock Declines Ahead of Earnings Report
Investment analysts issued divergent ratings on AT&T in October 2026, with Sanford C. Bernstein downgrading the stock amid competitive concerns while KeyCorp maintained its optimistic outlook. The telecommunications giant's shares have declined nearly ...
Municipal Bond Sales Postponed as Yields Hit 15-Year High
State and local governments are delaying billions in bond offerings as municipal yields surge to levels not seen since 2011, with Los Angeles postponing a $1.8 billion convention center financing amid deteriorating market conditions....
Financial Institutions Face Growing Pressure to Demonstrate AI Governance and Control
As AI spending in banking approaches $97 billion by 2027, financial institutions must shift from documented policies to enforceable controls with audit-ready evidence, amid tightening global regulatory scrutiny....
South Korea Urged to Reconsider Treasury Bond Strategy as Global Shift Away from Long-Term Debt Accelerates
Experts call for South Korea to reassess its heavy reliance on 30-year bonds and introduce short-term treasury instruments as major economies pivot toward medium- and short-term debt issuance amid changing investor demand and rising interest rates....