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Every economy story from the last two weeks of One Turn, newest first. Each links to its sources and to its place on the 3D globe.
Elon Musk said special committees at Tesla and SpaceX have been formed to study a possible merger, citing their complementary work on artificial intelligence. A combined company was described as worth about $3.5 trillion, which would make it the largest merger in history.
A lawsuit filed in the US Court of International Trade argues the White House exceeded its authority in imposing 50% tariffs on Canadian goods under Section 338 of the Tariff Act of 1930. President Trump backed off a threat to ban Bombardier aircraft sales in the US. Sources told CBC that a Canada-US trade deal is not expected before the US midterm elections.
The US Federal Aviation Administration approved the 737 Max 10, the largest model in Boeing's Max family, for passenger service. Deliveries are expected to begin in 2027, more than five years after the jet's first flight.
UK inflation rose to 3.5% in the year to September from 3.1%, driven by fuel prices, the Office for National Statistics said. The figure strengthened expectations of an interest rate rise ahead of the October 28 Budget. Unemployment fell, though small firms cut hiring.
Mukesh Ambani's Jio Platforms, backed by Meta and Google, began a stock market flotation aiming to raise up to 302bn rupees. It could be India's biggest initial public offering, launched despite a market downturn.
A free trade agreement between India and New Zealand came into force, giving zero-duty access for Indian exports and creating two new temporary employment visa categories for Indian nationals. India said sensitive sectors are protected.
Secretary of State Marco Rubio visited Mumbai and Reliance's Jamnagar refinery, saying India and the US were aligned on core issues and urging more purchases of US and Venezuelan oil and US defense equipment. President Trump said the two countries were close to a trade deal.
September reports showed US home sales, construction and builder sentiment falling more than expected. The data comes as the Federal Reserve considers further interest rate increases amid energy-driven inflation.
Australia's largest data center operator cut its earnings forecast after community opposition to new 22-meter power poles delayed expansion of its west Melbourne site. Its shares fell about 40%.
Japan's exports rose 16.7% in September, below expectations, while imports grew 18.9%. Shipments of semiconductors and chipmaking equipment surged on AI-related demand.
JPMorgan Chase plans to enter Nigeria's merchant banking sector with a 50bn naira license deposit, which analysts described as a sign of confidence in reforms. Separately, Nigeria's grid output fell 81% on Monday as power plants went offline.
A lawsuit filed in the US Court of International Trade argues the White House exceeded its authority in imposing tariffs on Canadian goods under Section 338 of the Tariff Act of 1930, causing harm to US businesses. Sources told CBC that hopes of a Canada-US trade deal before the US midterms have faded.
Mukesh Ambani's Jio Platforms, backed by Meta and Google, is launching what could be India's largest initial public offering, aiming for a valuation of about £81bn when it lists on Wednesday. The listing goes ahead despite a downturn in Indian stocks.
During Secretary of State Rubio's visit to Samarkand with a business delegation of nearly 300, Uzbekistan advanced a $12bn package covering railways, critical minerals, finance and technology. A C5+1 meeting backed closer transport and industrial cooperation, and Uzbekistan became the 77th signatory of NASA's Artemis Accords.
A free trade agreement between India and New Zealand came into force, giving Indian exports zero-duty access. It also creates two new temporary employment visa categories for Indian nationals.
September data showed US home sales, construction and builder sentiment all falling more than expected. The 10-year Treasury yield moved lower after the reports as investors looked ahead to the Federal Reserve's rate decision next week.
Argentina posted a $2.98bn trade surplus in September as exports exceeded $10bn for the first time, driven by rising energy sales. President Milei told an oil and gas expo in Neuquén that record production from Vaca Muerta was an "underground revolution."
BloombergNEF said nine of ten key energy transition metals are on track for sufficient supply by 2050, but $332bn of investment in new copper mines is needed to avoid a shortfall. Copper has risen 15.8% in 2026, with investors citing demand from AI, power grids and stockpiling.
China's GDP grew 4.5% year on year in July-September, beating forecasts as demand for electronics lifted exports and factory output. Consumer spending remained sluggish, and trade tensions cloud the outlook.
Paris-listed stocks, French government bonds and the euro all fell as investors reacted to the riots. Analysts linked the unrest to existing worries about France's public finances and an upcoming budget vote.
Saudi Arabia postponed its Future Investment Initiative conference, due next week, amid escalating Houthi missile and drone attacks on the kingdom, according to the Financial Times and CNBC.
China's commerce ministry imposed export controls on tunnel-boring machines and adjusted controls on some dredgers, citing national security. Separately, its solar equipment exports fell 6.4% in September as Beijing weighs controls on solar manufacturing technologies.
President Cyril Ramaphosa told South Africans to prepare for the possible loss of benefits under the African Growth and Opportunity Act, which has been renewed until the end of 2028.
Canada's annual inflation rose to 3.1% in September, driven by gasoline up 27.8% and fuel oil up 57.8% as the Middle East war kept energy prices high.
Pakistan's economy grew 2.0% in the April-June quarter, below forecasts, as soaring energy prices and irregular LNG supplies from Qatar hit industry. Pakistan's army also pledged support to defend Saudi Arabia, and its military chief is due in Tehran.
Japanese Prime Minister Sanae Takaichi denied her policies were behind the yen's weakness or higher government bond yields, as Tokyo steps up English-language outreach to foreign investors, who hold 13% of JGBs.
IMF projections show Ghana's GDP reaching about $128.6bn in 2026, edging past Ethiopia, while Kenya takes the East African lead. Separately, President Mahama said Ghana's BRICS outreach aims to broaden development partnerships.
China proposed export controls on solar-manufacturing technologies, which analysts say aim to preserve its dominance as India tries to build its own industry.
Net interest costs on US government debt reached $1.05 trillion for the fiscal year through September, up more than 8% from $970 billion a year earlier.
Vietnam signed a free trade agreement with Iceland, Liechtenstein, Norway and Switzerland that cuts or removes tariffs on industrial, farm and fish products and covers services and intellectual property.
The Bank of England's deputy governor warned that hedge fund activity could increase the risk of a global bond market shock.
South Korea's finance minister said semiconductor growth can last at least through next year because supply remains tight, despite a global chip stock sell-off.
Paraguay's banking association, representing 14 private lenders, asked the central bank to report on the solvency of institutions that received support in mergers, after senators urged President Santiago Peña to replace the bank's leadership.
Federal Reserve chair Kevin Warsh gave no signal on another interest rate hike in his last public remarks before the central bank's October meeting, while praising a 'synchronous tightening' by central banks worldwide. Upcoming inflation data may decide the move.
Russia rejoined G20 finance talks in Bangkok on a US invitation that has angered European allies. On the sidelines, the US pressed China on market access for Mastercard and Citigroup, and Japan's finance minister urged the G20 to watch markets closely.
The EU has dispatched an envoy to Beijing as politicians and economists across the bloc see China's subsidies and export surge as a major threat. Britain has also left open the option of tariffs on Chinese electric vehicles.
A stock manipulation scandal could see Turkish companies frozen out of global stock indexes and puts Turkey's status as an emerging market at risk.
Argentina has not issued a local dollar bond in two months, its longest pause since the programme began, as a wall of debt payments approaches. Economy minister Luis Caputo still predicts a strong fourth-quarter rebound, and President Milei is courting US investors.
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Credit default swaps on cloud company CoreWeave hit distressed levels as investors sour on the debt behind the AI data-centre boom. The loss-making firm carries about $50 billion in debt.
Forecasters expect India's rupee to slide toward 100 per US dollar despite pushback from the Reserve Bank of India, whose recent moves lifted it from 96.79 back to around 95.
Spanish Prime Minister Pedro Sánchez said the war involving Iran has cost Europeans more than $112 billion.
The European Central Bank authorised UniCredit to raise its Commerzbank stake above 30% with no upper limit. The decision allows the Italian bank to move toward controlling the German lender.
The New Yalu River Bridge linking Dandong in China with Sinuiju in North Korea opened after a 12-year delay.
The New Yalu River Bridge linking Dandong in China with Sinuiju in North Korea has opened, twelve years later than planned.
The European Central Bank authorised UniCredit to raise its stake in Commerzbank above 30% with no upper limit. The decision lets the Italian bank move toward controlling the German lender.
More than 300,000 public sector workers in Ireland, including teachers and health staff, began a general strike over stalled pay negotiations. It is the first such strike in the country since 2009.
More than 300,000 public sector workers in Ireland, including teachers and health workers, began a general strike over stalled pay negotiations, the first such action since 2009.
American economists Robert Hall and Michael Woodford jointly won the Nobel Memorial Prize in Economic Sciences. They were honoured for work on the microeconomic foundations of macroeconomic stabilisation.
Getty Images said it will file for Chapter 11 bankruptcy. The filing is part of a restructuring deal under which the company will go private.
Delta Air Lines postponed its planned direct service between Atlanta and Riyadh. The airline acted after Houthi attacks on Saudi Arabia.
American economists Robert Hall and Michael Woodford jointly received the Nobel Memorial Prize in Economic Sciences. They were honoured for work on the microeconomic foundations of macroeconomic stabilisation.
Visual media company Getty Images said it will file for Chapter 11 bankruptcy as part of a restructuring deal that will take it private.
Delta Air Lines postponed its planned direct service between Atlanta's Hartsfield–Jackson airport and Riyadh. The decision followed the Houthi attacks on Saudi airports.
Taiwan's finance ministry said September exports reached a record US$87.2 billion and imports a record $63.6 billion, giving a record trade surplus of $23.6 billion. It credited demand for AI-related hardware.
The next series of sterling notes will feature the Atlantic puffin, barn owl, buff-tailed bumblebee and European hedgehog. It is the first time animals will replace people on Bank of England notes, aiming to raise awareness of British wildlife.
India's central bank raised its benchmark repo rate by 25 basis points to 5.5%. It is the first hike since February 2023.
Taiwan's finance ministry said September exports reached a record US$87.2 billion and imports a record $63.6 billion. The trade surplus hit a record $23.6 billion, driven by demand for AI-related hardware.
Guinea set national price ceilings on bottled water after banning single-use plastic water sachets led to shortages and higher prices. Several pack sizes are capped at 25,000 francs (US$2.84).
The Bank of England said the Atlantic puffin, barn owl, buff-tailed bumblebee and European hedgehog will appear on the next series of notes. It will be the first time animals replace people on English banknotes.