world
European markets rise after major earnings reports; Gucci-owner Kering surges 9%
European stocks were higher Thursday as investors looked to earnings reports for clues on business activity and confidence in the region. Source link
China to bolster consumption, tech development as U.S. tensions simmer
China’s top leaders signaled their priorities for the next five years in a readout released Thursday at the end of a four-day meeting. Source link
American Airlines profit forecast for the rest of the year tops estimates
American Airlines posted a smaller-than-expected loss for the third quarter. Source link
Defense giants Airbus, Thales and Leonardo announce space merger to rival Elon Musk’s Starlink
The companies’ CEOs labelled the plans “a pivotal milestone for Europe’s space industry.” Source link
Boeing names Mandarin-speaking, ex-White House advisor as its new China president
Boeing has been caught in the crosshairs of U.S.-China tensions and increasingly been treated as a bargaining chip in the long-running negotiations. Source link
Quantum computing stocks surge on report Trump administration seeking stakes, joining Intel, rare earths
The Trump administration is reportedly in talks with several quantum-computing firms about government taking equity stakes in exchange for funding. Source link
Alibaba prices AI glasses at $660 to rival Meta and launches ChatGPT challenger
The Quark AI glasses and chatbot product highlight an increasing area of focus for Alibaba — AI that is aimed at consumers. Source link
Europe’s big enterprise AI hope SAP books 85% of 2026 revenue as deals boom
The German company is focused on creating value for customers, rather than feeding into the “hype.” Source link
Sweden’s Volvo Cars shares jump 40% after profit beat, on track for best day ever
Sweden’s Volvo Cars on Thursday posted stronger-than-expected third-quarter operating profit, prompting shares to rally by more than 40%. Source link
Kering shares pop 9% as ‘sharp' improvement at Gucci builds investor optimism
Sales declines narrowed at the group level and at Gucci, the company’s biggest brand. Source link