More stories for this edition are on the way. In the meantime, here are the top stories from around the world.

Business

Business New Zealand

Supermarket Break-up Plans Criticized by Foodstuffs Boss

Foodstuffs NZ managing director Chris Quin has criticized plans to break up the country's supermarket duopoly, saying they risk higher food prices and have a 'populist' streak. Most parties are heading into the general election with policies to split up the grocery sector dominated by Foodstuffs and Woolworths. Quin argued that the proposals would not lower the cost of food and would instead create uncertainty for store owners and investors.

Neutral
Business

Zimbabwe Businessman Dies in Crash

Wicknell Chivayo, implicated in R800m money laundering probe, dies in helicopter crash with wife and four others. Chivayo was known for his lavish lifestyle and close ties to African presidents.

Neutral
Business Ethiopia

Africa Seeks Financial Integration

African leaders and officials gathered in Egypt to discuss economic growth and investment, with a focus on strengthening financial markets and promoting local currency trade. Central Bank of Egypt Governor Hassan Abdalla called for confidence-building measures and stable economic policies to attract investment.

Positive
Business South Africa

Zimbabwe Businessman Chivayo Dies

Wicknell Chivayo, implicated in R800m money laundering probe, dies in helicopter crash with wife and four others. The crash occurred in the Marondera rural area, about 70km east of Harare, Zimbabwe's capital.

Neutral
Business United Kingdom

Ares Warns Against BT Takeover

US private credit giant Ares Management has warned the UK government that a BT takeover of TalkTalk would damage Britain's standing as a destination for international investment. Ares is also seeking to buy the struggling broadband provider.

Negative
Business Singapore

CDL's Lucerne Grand Sells 61%

The 99-year Jurong Lakeside project sold 350 units over the launch weekend, with prices starting from S$1.5 million for a two-bedroom unit. The average price per square foot was S$2,480.

Positive
Business United Kingdom

UK to Levy Tariffs on Chinese Electric Cars

Britain set to match EU's 45% levy to avoid trade barriers, ministers ready to impose tariffs on cheap Chinese vehicle imports. The move comes as the UK car industry faces a difficult trade-off between Chinese and EU markets.

Neutral
Business Tanzania

Asian Shares Fall

US jobs data and bond market swings cause uncertainty, oil prices remain high. Stocks rise after weak US jobs data, but bonds resume selling.

Neutral
Business Zimbabwe

Zimbabwe Businessman Dies in Crash

Wicknell Chivayo, a prominent Zimbabwe businessman, and his wife Lucy Muteke were among six people killed in a helicopter crash east of Harare. The crash occurred on Wednesday evening in the Marondera rural area.

Neutral
Business Nigeria

Nigerians Prioritize Food

Households are spending most on food as investments and other major purchases take a backseat due to rising living costs and high inflation. The Central Bank of Nigeria says 77.2% of households report high prices as a major concern.

Negative
Business Zimbabwe

Suncor Sells Assets to Ithaca

Suncor Energy sells Canadian offshore assets to Ithaca Energy for $841.7 million, focusing on shareholder value. The deal includes stakes in Terra Nova, White Rose, and West White Rose oil projects.

Positive
Business United Kingdom

North Sea Oil Strike Looms

Unite union says staff left with no choice but industrial action after breakdown in pay talks with Apache, potentially disrupting UK fuel supplies. Over 160 workers may take part in the strike, affecting the Forties and Beryl oilfields.

Negative
Business Philippines

Mynt IPO Set at 6.60 Pesos

Mynt, the parent of GCash, priced its initial public offering at 6.60 pesos a share, potentially raising 53 billion pesos in one of the country's biggest listings. The company plans to use most of the funds for digital financial services growth and product development.

Positive
Business Malawi

RBM Licenses Pro Veritas

Pro Veritas Consulting Group Limited is the first pension adviser in Malawi, licensed to provide guidance on governance and investments. The firm will offer professional and technical advice to pension and provident funds, as well as their members.

Positive
Business Namibia

Investors Remain Positive on Netflix Amid Growth Concerns

Despite concerns over slowing growth, investors remain optimistic about Netflix's long-term prospects. Co-CEO Ted Sarandos acknowledged the company's growth is not meeting expectations, but analysts still see opportunities in the streaming giant. The company's stock has been a market laggard lately, but investors are not losing sight of its potential.

Positive
Business Malaysia

Semiconductor Industry Seeks Tax Breaks and R&D Incentives

The Malaysia Semiconductor Industry Association has proposed significant tax breaks and research and development incentives in the 2027 federal budget. The association seeks to increase the automation capital allowance from RM10 million to RM100 million and provide a 200% tax deduction for R&D expenditure. This move aims to create a favorable environment for companies to reinvest, expand, and undertake more R&D in Malaysia.

Neutral
Business Namibia

Britain Considers Tariffs on Chinese Electric Cars

Britain is considering imposing tariffs on Chinese electric vehicle imports due to concerns over state-subsidised cars flooding the market. The move aims to protect national interests and avoid negative impacts from the EU's 'Made in Europe' policy on the UK auto industry. British ministers are drawing up a package of potential tariffs, with some reports suggesting a 45% levy on Chinese electric cars.

Neutral
Business Netherlands

Netherlands Sees Surge in Open House Viewings

The Netherlands has seen a significant increase in open house viewings during the NVM Open Huizen Dag, with many homes being sold before the event. Potential buyers are looking for instapklare woningen, or move-in-ready homes, as they want to avoid large renovations. The event has been a success, with many homes being viewed and sold.

Positive
Business Kuwait

Oil Exporters Agree to Steady Production

Seven major oil-exporting countries have agreed to maintain their production levels in November, a move aimed at stabilizing the global oil market. The decision comes as the price of benchmark Brent crude oil has risen above $100 a barrel due to the ongoing Iran conflict. This development is significant as it may impact global energy prices and trade.

Neutral
Business Macau

Macau Tourism Industry Sees Revenue Growth

Macau's tourism industry has shown signs of recovery, with a 0.9% increase in total revenue to approximately 113.3 billion yen in 2025. The industry has been recovering since 2023, with a significant increase in inbound tourist numbers. This growth is attributed to the easing of COVID-19 restrictions and the return of international travel. The industry's recovery is a positive sign for the local economy, but challenges remain, including the impact of changing tourist behaviors and the rise of online travel agencies.

Positive
Business Kuwait

Uzbekistan Expands Food Exports to Kuwait

A delegation from Uzbekistan held talks with 15 Kuwaiti food importers and major retailers to expand food exports and logistics. The meetings focused on increasing export volumes, arranging supplies, and logistics for Uzbek meat, frozen products, confectionery, dried fruit, and pulses. The visit aimed to promote Uzbek goods in the Kuwaiti market and establish a trading house for Uzbek products.

Positive
Business Libya

Italian Exports to Libya Surge

Italian exports to Libya have seen a significant increase of 84.5% in the first four months of the year, reaching €1.005 billion. This growth is driven by shipments of refined petroleum products, machinery, and other goods. The rise in exports has positioned Italy as the fifth-largest exporter to Libya, with Egypt, Turkey, China, and the UAE ranking above it.

Positive
Business Estonia

Estonian Gravel-Road Test Shows Stabilised Soil Gains Strength

A 2015 gravel-road stabilisation test in Estonia, conducted by StabilRoad Holding, has shown that the compressive strength of the stabilised soil increased by 1.0 to 3.0 MPa over 10 years. The company presented the decade-long results in November 2025, citing laboratory tests of core samples taken every two years. This development could have implications for road construction and maintenance.

Positive
Business Jordan

Jordan Ranks 60th Globally, 5th in Arab World in Global Innovation Index 2026

Jordan has made significant progress in the Global Innovation Index 2026, ranking 60th globally among 139 economies and 5th in the Arab world. The country's improvement in innovation performance continues a trend of growth in its economic development. The ranking is based on the World Intellectual Property Organization's (WIPO) index, which assesses innovation capacity and performance across economies.

Positive
Business Kyrgyzstan

14,700 Cars Exported from Georgia to Kyrgyzstan in 8 Months

According to the National Statistics Service of Georgia, a total of 14,700 passenger cars worth over $551 million were exported from Georgia to Kyrgyzstan between January and August 2026. This represents a significant portion of Georgia's overall exports to Kyrgyzstan, with the country becoming the largest export destination for Georgia during this period.

Positive

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