BUSINESS

Vance, Walz Set For US VP Debate Clash

Former US president Donald Trump made no mention of his running mate J.D. Vance or the vice presidential debate set to begin just hours after the Republican flagbearer spoke at a factory in Waunakee, Wisconsin
US vice presidential contenders J.D. Vance and Tim Walz face off in what could be an unusually important undercard debate Tuesday as they compete for decisive votes in America's heartland just weeks before the election.
Israel's Iron Dome system intercepts rockets along the border with Lebanon on September 29, 2024

Iron Dome: Israel's Key Anti-missile Shield

Israel's Iron Dome air defence system has intercepted thousands of rockets since it went into operation in 2011, providing the country with crucial cover during times of conflict.
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A placard celebrating former US President Jimmy Carter's 100th birthday and a Trump campaign sign are displayed outside of a residence in Plains, Georgia

Former US President Jimmy Carter Turns 100

Jimmy Carter celebrated his 100th birthday on Tuesday -- the first ever US president to reach the century mark and another extraordinary milestone for the one-time peanut farmer who found his way to the White House.
The annual rate of inflation for the 20-country eurozone was the lowest since April 2021

Eurozone Inflation Falls Under 2% For First Time Since 2021

The eurozone's annual inflation rate fell to its lowest level in three-and-a-half years in September, official data showed Tuesday, dropping below the European Central Bank's two-percent target and fuelling expectations of a rate cut.
US labor strike

US Dockworkers Launch Strike After Labor Contract Expires

A strike at the Port of Virginia "began at 12:01 am," the port said on its website, adding that talks between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) shipping group "have reached an impasse."
US labor strike

US Port Officials Gird For Strike Despite Last-minute Bargaining

Business group United States Maritime Alliance (USMX) announced late in the day that counter-offers had been exchanged with the International Longshoremen's Association (ILA), but tens of thousands of dockworkers could still walk off the job after midnight at the expiration of their six-year contract unless more concrete progress was made.
Investors are keeping tabs on the release of US jobs data this week, which could play a key role in the Federal Reserve's plans for monetary policy

Tokyo Recovers Some Losses As Most Asian Markets Rise

Tokyo stocks rose Tuesday, recovering some of the losses suffered in the previous day's rout, as the yen weakened against the dollar, while most other Asian markets started the day on a positive note following another record on Wall Street.
Japan's incoming prime minister Shigeru Ishiba is a self-confessed defence 'geek'

With Bulging In-tray, Ishiba To Become Japan PM

Shigeru Ishiba was set Tuesday to become Japanese prime minister, seeking to restore the ruling party's popularity and tackle a demographic crisis, a lacklustre economy and fears over China's military build-up.
A California bill seeks to regulate the development of AI models, though critics say the measure can threaten innovation in the nascent field

California Governor Vetoes AI Safety Bill

California Governor Gavin Newsom has vetoed a bill aimed at regulating powerful artificial intelligence models following pushback from tech giants and critics who argued the law went too far.
Stellantis' 14 brands,  include Opel, Fiat, Dodge, Peugeot and Citroen

Stellantis Trims 2024 Profit View On China Woes

Based on the new and updated 2024 market outlook of the company, the adjusted operating income margin (AOI) for FY 2024 is expected to be between 5.5-7.0%, down from the prior "double digit."

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