Headlines and summaries are written by AI · How it works
Audi to build first US plant in Georgia, Trump announces at campaign rally
The 200,000-vehicle factory near Macon, Georgia, carries an investment of about $4 billion and roughly 4,500 jobs, with construction scheduled for 2027 and output in the early 2030s.
AI stocks sell off as Meta raises spending outlook, Nasdaq drops 2.6%
The Nasdaq fell 2.6% on 22 October, its steepest daily drop since June, after Meta's filings showed higher AI spending and negative free cash flow. Chip stocks led the losses, and Brent crude climbed above $115 a barrel.
Loto 6/49 category I fund raised by 500,000 lei for Sunday's draw
Romania's Loteria Română added 500,000 lei to the category I prize fund of the Loto 6/49 draw held on Sunday, 25 October 2026, after a category I win in the 22 October 2026 draw. The same evening's Noroc, Joker, Loto 5/40 and Super Noroc draws also took place.
Owner of Greek bakery chain Choriatiko arrested in probe of alleged millions-of-euro fraud
The Directorate for Combating Organised Crime (DAOE) arrested Angelos Giannakopoulos, owner of the Choriatiko bakery chain, along with the company's accountant and other staff, in an operation under way since early Sunday, 25 October.
Volvo Cars shares fall up to 27% after 2,500 job cuts and China warning
Volvo Cars shares fell by as much as 27% in early trading on 23 October 2026 after the Swedish carmaker reported a third-quarter loss and said it would cut about 2,500 jobs worldwide. The company also warned that its China business is shrinking fast, with sales there down almost 50%.
Musk moves toward SpaceX-Tesla merger as Tesla's third-quarter profit falls 43%
Both companies have formed special committees to examine a merger valued at about $3.6 trillion, while Tesla's third-quarter net income fell 43% on 21 October 2026.
VW and IG Metall set talks for 24 November, but clash over job transfer companies
Volkswagen plans 12,000 more job cuts by 2030 and wants publicly subsidised transfer companies in talks with IG Metall, which calls the proposal a breach of promise. Strikes become possible once the peace obligation ends on 31 December.
Carrefour cuts 2026 outlook and shares fall as French unrest hits its stores
Carrefour lowered its 2026 operating outlook and plans to invest less in France after looting during weekend protests hit its stores. Its shares fell as much as 14.63% in Paris trading.
Barclays to cut about 5,000 jobs by year-end as AI lowers costs despite profit rise
The London bank says about 5% of its roughly 93,000 staff will go, with 1,000 already cut and 4,000 more due by year-end. Support functions carry most of the reductions, even as third-quarter pre-tax profit rose 12%.
Berlin investor summit draws pledges of 200 to 230 billion euros, with doubts about follow-through
Chancellor Friedrich Merz opened Germany's first Invest in Germany summit in Berlin on 20 October, with about 200 invited investors and executives. Pledges reported between 200 and 230 billion euros drew doubts over bureaucracy, logistics and whether concrete projects will follow.
Netflix forecasts weaker Q4 profit and cuts 2026 ad revenue target to $2.7bn
Netflix expects lower fourth-quarter profit than Wall Street forecast and has cut its 2026 advertising revenue target to about $2.7bn. Shares fell nearly 6% after hours on Tuesday, 20 October, after the company reported third-quarter results.
CEOE drops plan to challenge 11 November general strike over housing before it happens
Spain's employers' confederation will not challenge the 11 November general strike before it takes place, though it has left legal action open for afterwards. UGT and CCOO called the walkout over housing and a recovery of wages.
Elon Musk pledges one SpaceX share to every American child in 2027
Elon Musk said on X that he will give one SpaceX share to every child in the United States next year, a gift worth about $10.5 billion at the latest share price. He has not published eligibility rules or a timetable for the distribution.
American Express to cut about 5% of its workforce despite a 28% profit rise
American Express is cutting about 5% of its global staff as it pushes for efficiency and faster AI integration, even as third-quarter net profit rose 28%.
Anthropic's draft IPO filing shows $80.7bn first-half loss, mostly from a $72bn accounting charge
Revenue reached $16.3bn in the first half of 2026, but a non-cash charge on convertible bonds drove the net loss. The company is preparing a November listing.
Heineken warns UK pubs that weight-loss jabs could hit beer and cider sales
In an October presentation to British hospitality customers, Heineken said GLP-1 weight-loss drugs can reduce drinking and urged venues to push smaller serves and low-alcohol drinks.
Peter Lim sells 42% of Valencia CF to US-led Pitchwise Holdings, valuing club at €1.25bn
Pitchwise will also add €100 million of new capital, subject to regulatory approvals, while Kiat Lim remains club president under the new shareholder structure.
Apple caps iPhone Duo orders at two per buyer as US supplier deals expand
Apple has limited each buyer to two iPhone Duo units in several markets, and on the same day named two US suppliers for the foldable and the iPhone 18 Pro. Shipping estimates for pre-orders have also moved in both directions.
Spanish lottery results for Thursday, 22 October 2026: Primitiva, Bonoloto, EuroDreams and ONCE
Spain's Primitiva, Bonoloto, EuroDreams and ONCE draws on Thursday, 22 October 2026 produced winning numbers, but outlets gave conflicting Lotería Nacional figures.
Pentagon finalizes deal with Lockheed Martin for at least 850 F-35 jets over ten years
The ten-year framework covers at least 850 stealth fighters but still needs Congressional approval and budget funding. The Pentagon says Lockheed Martin will invest at least $7 billion in the program's industrial and logistics capacity in return.
Generali Deutschland to cut 800 jobs and close three sites by 2030
The German unit of Italian insurer Generali will cut about 9% of its roughly 9,100 staff by 2030 and close offices in Aachen, Nuremberg and Stuttgart. Teams will move to regional centers in Cologne, Munich and Karlsruhe.
Getty Images files for Chapter 11 bankruptcy with debt restructuring deal and up to $533 million equity
Getty Images announced on Wednesday, 21 October 2026, that it had filed for Chapter 11 protection to carry out a debt restructuring agreed with its main creditors on 12 October. The plan includes up to $533 million in new equity and a planned move to private ownership.
Nestlé beats Q3 forecasts on 2.8% volume growth, deconsolidates Russia unit
Nestlé's third-quarter sales volumes rose 2.8%, above the 1.5% analysts expected, while its Russian business dropped out of consolidated results after a temporary Russian state seizure of its assets.
Spain's Lotería Nacional Saturday draw pays 130,000 euros per winning tenth for first prize
The Lotería Nacional draw for Saturday, 24 October 2026 pays 130,000 euros per winning tenth for first prize and 25,000 euros per tenth for second prize.
Anthropic pledges 5% of shares to public benefit fund ahead of November IPO
The Claude maker says the stake will go to a fund for public benefit, subject to shareholder approval, and Elon Musk answered with a pledge of SpaceX shares for American children.
Bankinter shares sink 7.56% despite 11% profit rise, dragging Ibex 35 below 19,000
Bankinter reported a net profit of 900.67 million euros for the first nine months, up 10.99%, yet its shares closed down 7.56% at 14.13 euros. The fall was its steepest since April 2025 and pulled the Ibex 35 down to 18,913.50 points.
Axel Springer's Döpfner pitched a stake in TikTok's European business to a Trump ambassador
The Financial Times reports that Döpfner raised the idea with US ambassador Charles Kushner at a January meeting in Berlin. Sources in Brussels said the plan drew no enthusiasm at the European Commission.
ONCE Cuponazo draw on 23 October 2026 pays 6 million euros for number 21146
Ticket 21146 in series 030 won the top Cuponazo prize of 6,000,000 euros, while 134 tickets matching all five figures win 40,000 euros each. One outlet reported the top prize as 9,000,000 euros.
Coca-Cola, Nestlé and Danone agree to revise EU plastic bottle recycling claims
The European Commission said on Thursday, 22 October 2026, that Coca-Cola, Nestlé and Danone will change the labels on their single-use plastic bottles in the EU. The move follows a greenwashing complaint filed by the European consumer organisation BEUC in November 2023.
US Treasury proposes curbs on American investment in Chinese biotech and other sensitive tech
The Treasury Department proposed the rules on Thursday, 22 October 2026, to implement a law Congress passed in December 2025. Biotech is one of several sectors that would face tighter limits on American money flowing to countries of concern.