Business

Business · 28 October 2026

Aldi’s Price‑Cutting Blitz Leaves Competitors in a State of Shock

Helen Pell, Washington desk

Aldi's relentless price cuts are winning over shoppers and forcing competitors to respond, as the German‑owned chain continues to undercut rivals with its low‑price strategy.

Business · 27 October 2026

Yo‑Chi’s frozen yoghurt crusade: 80 MPs receive anti‑plastic postcards as market participants scramble for green branding

Vera Chen, Sydney desk

Australia’s biggest frozen yoghurt chain Yo‑Chi is mailing anti‑plastic postcards to 80 parliamentarians, prompting a flurry of market‑participant commentary on green branding and consumer activism.

Business · 27 October 2026

Brazil’s Market Bounces Like a Deflated Balloon After Lula’s Surprise Victory

Noor Hale, World desk

Luiz Inácio Lula da Silva’s unexpected re‑election sent Brazil’s financial markets into a sharp reversal, with the main stock index, the real and bond yields all rallying as analysts rushed to rewrite their foreca…

Business · 27 October 2026

DraftKings’ AI Targeting Strategy Faces Congressional Scrutiny

Noor Hale, World desk

Lawmakers are questioning DraftKings about its use of artificial‑intelligence tools to identify potential customers, raising concerns over privacy and responsible marketing.

Business · 27 October 2026

Dusty Dilemma: California’s Quartz Ban Forces Builders to Switch to Dust‑Free Alternatives

Noor Hale, World desk

As California considers banning quartz, contractors and retailers are scrambling for dust‑free substitutes, while manufacturers scramble to meet a new, cleaner standard.

Business · 27 October 2026

Brexit Deal Falls Short, Politicians Joke About Euro‑Rent in London

Iris Quay, London desk

Andy Burnham says the Brexit deal hasn’t delivered for the public and has weakened the economy. The prime minister adds no big pre‑election changes are on the table, prompting tongue‑in‑cheek talk about London…

Business · 27 October 2026

Musk Warns of ‘Guppy‑Level Death’ for AI Firms as Debt Market Dries Up

Helen Pell, Washington desk

Elon Musk predicts many AI‑infrastructure companies will be shut out of the debt market, coining the phrase “guppy‑level death” to describe the looming credit crunch.

Business · 26 October 2026

Healey’s Budget: A Cloud‑Covering Plan to Keep the Economy from Falling Flat

Iris Quay, London desk

The Treasury has rolled out a budget that looks designed to keep the economy humming, but the looming January fiscal squeeze means the Labour government may need a new playbook to stay afloat.

Business · 26 October 2026

Outback Prospector's $150,000 Gold Nugget Fuels Financial Market Speculation

Vera Chen, Sydney desk

A lone prospector's unexpected discovery of a $150,000 gold nugget in the outback has sparked a glittering financial episode. Market participants temporarily glittered as earnings teams scramble to include 'unexpected go…