Norway's wealth fund posts $30 billion loss in third quarter reut.rs/4zS8wFL reut.rs/4zS8wFL

Tesla cut its annual capital expenditure forecast by a fifth and posted surprise positive free cash flow in the third quarter, after investing far less in its AI and robotics ambitions than Wall Street had expected reut.rs/4BlE34c

China recorded $29.9 billion in direct losses from natural disasters in the first nine months of 2026, mainly driven by severe typhoons, flooding and landslides, its Ministry of Emergency Management said. More here: reut.rs/4eNm4dk

Elon Musk’s potential mega-merger of Tesla and SpaceX would likely face a China-shaped hurdle from regulators on both sides of the Pacific over concerns about national security and the sharing of data and technology. More here: reut.rs/4ierAqz

Nestle reported better than expected organic sales growth for the third quarter and said it had deconsolidated its Russian business after Moscow seized control of Nestle's Russian assets last month. More here: reut.rs/4yxiQBG

A probe into KPMG Australia has found it mishandled whistleblower allegations of client data leaks and let cultural and governance weaknesses persist for years, but stopped short of recommending a permanent ban on the firm from federal government work reut.rs/4sqDMcs

China is emerging as a major supplier of water technology to parched countries across Asia, the Middle East and Africa, as shrinking natural supplies at home push Beijing to invest heavily in manufactured freshwater, industry experts say. More here: reut.rs/4yvRz2D

Exclusive: Elon Musk's public endorsement this week of a potential $3.5 trillion merger between SpaceX and Tesla has rattled some insiders involved in the discussions, who worry his comments could invite shareholder scrutiny and delay the process by several weeks. More here - reut.rs/4ihAgfN

Tesla is aiming to start selling its Cybercab robotaxis to the public by the end of this year, its engineering chief said, even as the US auto safety agency probes the vehicles that come without manual controls which federal regulations typically require reut.rs/4i0hydN

Tesla cut its annual capital expenditure forecast by a fifth and posted surprise positive free cash flow in the third quarter, after investing far less in its AI and robotics ambitions than Wall Street had expected. More here: reut.rs/3WFMebG

The shock of oil prices at a five-month high of $110 a barrel and gas prices in Asia and Europe hitting their highest levels since December 2022 is making its mark on household budgets. As well as raising the costs of transport and heating, it ​adds to pressure on food, clothing and packaging prices and contributes to elevated levels of inflation and borrowing costs. More here: reut.rs/4dQSeUW

Some government websites in Europe and elsewhere went offline after vulnerabilities in PHP, a widely used programming language, were uncovered using AI. Cybersecurity Reporter Raphael Satter explains why. Read more here reut.rs/4jyVubl

The tech-heavy Nasdaq led Wall Street to a higher close after quarterly results from SpaceX and Super Micro Computer improved investor appetite for artificial intelligence-related stocks. Read more here reut.rs/4jAddit

Teck receives strike notice at Highland Valley Copper operation reut.rs/4hZX6tu reut.rs/4hZX6tu

Breakingviews - COMMENTARY: GSK is two shots away from clean bill of health reut.rs/4es00Vx reut.rs/4es00Vx

Thyssenkrupp to spin off materials trading division on October 28 reut.rs/4siLq8F reut.rs/4siLq8F

Teck receives strike notice at Highland Valley Copper operation reut.rs/4sfIpWJ reut.rs/4sfIpWJ

Thyssenkrupp to spin off materials trading division on October 28 reut.rs/4z7kjQC reut.rs/4z7kjQC

Former Hungarian central bank chief Matolcsy detained in foundations probe reut.rs/4k2tMnq reut.rs/4k2tMnq

WATCH: The Birkin has powered Hermes’ rise to become one of the most profitable luxury brands in the world. Its success was based on scarcity. Now, Birkins have become widespread on the second-hand market. Helen Reid finds out more reut.rs/4ia1THz