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EU ministers vow to tackle ‘China Shock 2.0’ through talks with Beijing

by lisa@patrickmarketingny.com | Oct 23, 2026 | Business News

  DUBLIN, Oct 23 (Reuters) – The European Union should strike deals with Beijing to curb imports in sectors such as chemicals, machinery and pharmaceuticals, EU ministers said on Friday, as the bloc faces an ‘unsustainable’ and damaging goods trade deficit with China....

US equity funds post inflows for a second straight week

by lisa@patrickmarketingny.com | Oct 23, 2026 | Business News

  Oct 23 (Reuters) – US equity funds attracted inflows for a second consecutive week in the seven days to October 21, as easing Treasury yields and strong corporate earnings so far bolstered investor appetite, although caution over the artificial intelligence trade...

SLB tops estimates on resilient North America demand, sees Middle East rebound

by lisa@patrickmarketingny.com | Oct 23, 2026 | Business News

  Oct 23 (Reuters) – SLB beat Wall Street estimates for third-quarter profit on Friday, supported by strong North American oilfield activity, while signaling recovery in parts of the Middle East following conflict-related disruptions. Repeated flare-ups in the US-Iran...

Wall Street futures dip after AI rout, telecoms slide

by lisa@patrickmarketingny.com | Oct 23, 2026 | Business News

  Oct 23 (Reuters) – Wall Street futures ticked lower on Friday as caution prevailed after a sharp selloff in AI-linked stocks over concerns about the sector’s massive funding requirements, while telecom shares slid on fears of increased competition from SpaceX....

Analysis-US airlines favor higher fares over fuller planes as fuel costs squeeze profits

by lisa@patrickmarketingny.com | Oct 23, 2026 | Business News

  By Rajesh Kumar Singh CHICAGO, Oct 23 (Reuters) – US airlines are increasingly willing to fly with empty seats rather than slash fares simply to fill them, betting that disciplined pricing and flight schedules will help protect profits at a time of soaring fuel...

GLP-1 boom in China, India, Brazil could create $22 billion market by 2035, J.P. Morgan says

by lisa@patrickmarketingny.com | Oct 23, 2026 | Business News

  By Joel Jose Oct 23 (Reuters) – The combined China-India-Brazil market for weight-loss drugs could grow to $22 billion by 2035 from $6.6 billion currently, J.P. Morgan estimated, as improving affordability and broader access drive adoption in largely untapped...
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