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Indian stocks may recover on steady growth, earnings, says Axis AMC

The Nifty 50 has fallen about 12% so far in 2026 after 10 straight years of gains, pressured by higher oil prices following the US-Israeli war on Iran and record foreign outflows of $31.3 billion

Asian shares slide as AI spending worries mount ahead of tech earnings

Concerns about negative cash ​flow and the sheer scale of AI capex saw the cost of insuring against corporate defaults ​blow out last week

Oil prices slip more than 1% as talks continue on ending Iran war

Brent crude futures ‌fell $1.59, or 1.40%, to $111.84 a barrel by 0011 GMT while US West Texas Intermediate crude was at $102.56 a barrel, down $1.56, or 1.50%

OPEC+ set to keep December oil output targets steady amid war disruption

Seven OPEC+ members are expected to hold December output targets steady as Gulf producers continue to face export disruptions from the US-Iran war.

Bangladesh forms 6-member wage board as garment protests turn violent

Despite the announcement, thousands of garment workers staged fresh demonstrations on Sunday

Iranian envoys meet Qatar mediators as US strike threat looms post-midterms

US Secretary of State Marco Rubio said on Saturday that President Donald Trump has not decided whether to launch new strikes against Iran, but would prefer to resolve the conflict diplomatically

Binance resumes crypto withdrawals after covering bulk of stolen $6.3 bn

The heist, which the FBI has tied to North Korea and analysts believe may be the biggest financial robbery ever, adds to a string of recent crypto thefts

Opec+ agrees in principle to keep oil output targets steady in Dec

The meeting comes as Gulf members have been boosting exports that have been disrupted for months ​by the Iran war

Binance says it has covered $6 billion of $6.3 billion stolen in hack

The ​remaining amount, now less than 10%, consists of assets that are less liquid and may take longer to source in the required ​amounts, according to Binance

US midterms enter final weekend as Alaska, California ballot fights heat up

Federal prosecutors intensify a probe into Alaska's Senate race, while the Justice Department signals a likely Supreme Court appeal over California mail-in ballots ahead of Tuesday's midterm elections

South Korean exports nearly double in October on AI investment boom

Exports from Asia's fourth-largest economy, a bellwether for global trade, rose 93.7% from the same ‌month last year to $115.28 billion

France protests turn violent again as police brace for Halloween unrest

Scuffles erupt in Paris and other cities after nationwide demonstrations draw 320,000 people, with anger over inflation, fuel prices and strained public services fuelling unrest for a third weekend

Iran warns of wider retaliation even as diplomatic talks with US progress

Diplomatic shuttling continued on Saturday, with Iran's Foreign Minister Abbas Araghchi saying an Iranian delegation was in Qatar for talks with mediators there

US Secretary of State Rubio hosts Quad meet, wraps up G20 gathering

Rubio hosted a final plenary session with ​foreign ministers from the Group of 20 major economies during a two-day summit in Atlanta

Virgin Media O2 may cut up to 4,000 jobs in major cost-cutting exercise

British telecoms operator Virgin Media O2 is considering cutting up to 4,000 jobs as part of a major restructuring, Sky News reported

Govt to meet liquor firms as bulk Scotch tariff row threatens UK trade pact

The ministry did not immediately respond to a request for comment outside regular business hours on Saturday

Global tech giants' spending spooks investors and drives bonds rally

US bonds rally as investors question returns on massive AI investments; crypto slides after Binance hack concerns, while oil rises on Strait of Hormuz risks

Amazon cash burn, Intel weak PC demand fuel fears over AI spending

Amazon's heavy AI spending and Intel's weak PC demand outlook rattled technology stocks, raising concerns over mounting infrastructure costs, shrinking cash flows and slowing consumer demand.

Nasdaq hits near three-month low as Amazon, Intel rattle AI trade

The Nasdaq fell 2.48% as Amazon's rising AI spending and Intel's cash-burn warning triggered a tech selloff, with the two companies facing nearly $200 billion in combined market value losses.

Foxconn working on new tie-up with OpenAI, says no AI bubble: Young Liu

Foxconn is exploring a fresh partnership with OpenAI, dismissing AI bubble concerns as it targets double-digit growth and expands humanoid robot deployment at its US facilities.