Oil, fuel prices slide as Europe mulls strategic reserve release

Attention has now shifted to stockpiles, especially as supply buffers have weakened Published Fri, Oct 2, 2026 · 07:16 PM OIL and fuel futures slid as France proposed that developed nations release strategic reserves to ease surging prices at the pump. Brent slipped below US$100 a barrel, while European diesel slumped almost 6 per cent.…

Read More

World food prices near four-year high in September: UN

Published Fri, Oct 2, 2026 · 06:45 PM [PARIS] World food prices rose in September to their highest in nearly four years as logistics disruptions and weather concerns affected crop markets, the United Nations’ Food and Agriculture Organization (FAO) said. Fears about a severe El Nino weather pattern have pushed international sugar prices to an…

Read More

Bain exploring investment in Hong Kong’s New World: sources

The private equity firm has been studying a potential deal that could also see the developer’s controlling Cheng family inject fresh capital, they add Published Fri, Oct 2, 2026 · 06:18 PM [HONG KONG] Bain Capital is exploring a potential investment in Hong Kong’s New World Development as the embattled property company looks at ways…

Read More

Will A.I. Still Take Our Jobs?

“If every team can generate better AI-based analysis to support their arguments, then the demand for conflict resolution and authority-based decisions will increase dramatically,” the economists Luis Garicano, Jin Li, and Yanhui Wu predict, in “Messy Jobs: The Work That AI Cannot Reach.” They note that many workplace decisions aren’t made only on the merits;…

Read More

DFI Retail’s Starbucks deal offers ‘earnings stability’ despite near-term hit: analysts

[SINGAPORE] Although DFI Retail Group’s earnings are expected to take a near-term hit from its full acquisition of the Starbucks licence, the deal should provide the Asian retailer with greater “earnings stability” over the longer term, analysts said. Reflecting this view, at least three brokers – CGS International (CGSI), Citi and DBS – maintained their…

Read More