Democrats look to reshape America after historic midterm victories
Party promises dramatic change in the wake of its ‘blue wave’
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UBS slashes spending on consultants as Credit Suisse project winds down
Swiss bank cuts external advisers’ bill by more than $800mn and axes 5,500 jobs as integration nears completion
Bearish
Russia deepened Iran support with missile launcher deal
Moscow increased military aid for Tehran despite strains from Ukraine war
Morning in America, twilight in the markets
Astonishing midterm election results will not repeal the turn of business and financial cycles
Republicans paid the price for Trump’s failed policies
The president promised — but did not deliver — more manufacturing jobs and higher employment rates for native-born Americans
The next US presidential race has begun
The Republicans and Democrats positioning themselves for a run at the Oval Office in 2028
‘An insult to his culture’: Italian chef sacked for not putting pineapple on pizza loses bid to get job back
Australia’s Fair Work Commission heard that Davide Tamburella was sacked after refusing to use the controversial topping With its sea foam-green and white decor, exposed brick columns and “classic Italian dishes” served atop European oak tables, La Costa was billed as an elegant slice of Italy in the urban heart of Queensland, Australia’s sunshine state. “We promise, it’ll only take a moment to…
Why is REA stock surging today?
Why is PetroChina stock falling today?
Pound rises to its highest level since the Brexit referendum
Pound reaches highest level against a basket of currencies since the Brexit referendum a decade ago.
Bullish
Gift Nifty 50 parabolic surge hits RSI 80: Live levels
Bullish
Japan’s large-cap exporters: Will the U.S. midterm sweep bring tariff relief?
Why is SoftBank stock sliding today?
Why is Sino Biopharmaceutical stock surging today?
Why is Tencent stock surging today?
What does the Democratic midterm sweep mean for Softbank’s U.S. data center plans?
Why is SK Hynix stock sliding today?
Softbank’s $5.4 bln takeover of ABB robotics unit blocked by China- FT
LIV Golf faces liquidation after BC Partners scraps rescue plan
LIV Golf faces liquidation after BC Partners dropped a proposed $300 million rescue plan amid insufficient player commitments.
Trump has been humbled. Now what?
Journalist Molly Ball reports from Washington DC after the Republicans’ resounding midterms defeat. Will the party finally distance itself from Donald Trump? And what will the Democrats do with the power they’ve just gained? Send your comments and questions to tif.questions@theguardian.com How will Donald Trump react to the Republicans’ midterm drubbing? And do the Democrats have a plan beyond…
Citi employee killed in shooting at Florida office, suspect dead
A Citigroup C.N employee was killed in a shooting at the bank's office in Tampa, Florida. Authorities said the suspect involved was also dead.
Why is Samsung Electronics stock plunging today?
Japan services PMI grows for fifth straight month in October
Up to 170% returns, up to 55% off: Invest in your edge this Early Black Friday
Why is DBS stock falling today?
Goldman flags fresh state buying in China stocks, awaits volume recovery
GSBullish
Hang Seng overbought at RSI 79 after V-Bottom surge: Live levels
Bullish
Elon Musk’s nearly half a billion dollars in midterms spending was a flop
The tech billionaire set spending record as he poured $446m into campaigns for failed Republican candidates Elon Musk set a record for election spending this year after pouring nearly half a billion dollars into backing Republicans in the US midterm elections. It turned out to be a poor investment. The SpaceX and Tesla CEO contributed at least $446m to Republican-aligned Super Pacs and groups…
TSLABullish
US midterm results herald upheaval in Middle East policy
American voters — including vice-president JD Vance — want an end to Trump’s Iran war and Washington’s proximity to Israel