Government
Canada Audit Finds Call-Centre Costs Tripled as Procurement Oversight Fell Short
A federal audit documents an uncorrected bidding error, inadequate invoice checks and delayed replacements in a government call-centre technology contract.
Saturday, 7 November 2026
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World
US Employment Costs Rise 0.8% in Third Quarter, Easing From Previous Quarter
The US Employment Cost Index increased 0.8% in July–September, down from 0.9% in the previous quarter, while annual compensation growth held at 3.4%.
World
German Inflation Eases to 2.8% in October as Energy Price Growth Slows
Germany's preliminary annual inflation rate fell from 3.3% in September to 2.8% in October, with core inflation at 2.1%, according to official data released Friday.
World
Rio Tinto Begins Phased Restart of Mongolia's Oyu Tolgoi Mine After Seismic Rockfall
The miner says underground operations are being restarted following safety checks after a rockfall injured workers, while separate border delays continue to constrain copper shipments.
World
UK Breast Cancer Radiotherapy Trial Passes 1,000 Participants as Five-Day Course Is Tested
The FAST-Forward Boost study is recruiting patients at 39 UK hospitals to assess whether a shorter treatment schedule with an additional targeted dose is safe and effective.
World
EU Household Electricity Prices Fall 2.2% but Remain Above Pre-Crisis Levels
Eurostat data show average household electricity prices eased to €0.28 per kWh in the first half of 2026, with large differences between member states.
World
AstraZeneca Targets $1.5 Billion in Annual Savings After Quarterly Revenue Rises 7%
The drugmaker outlined a restructuring programme through 2029 to support research investment, while reporting $16.21 billion in third-quarter revenue and maintaining its annual outlook.
World
Swiss National Bank Reports CHF 19.1 Billion Third-Quarter Profit on Gold and Currency Gains
Switzerland's central bank recorded investment gains in the July–September quarter, although profit was below the year-earlier level and its nine-month result does not determine future distributions.
World
Sanofi Raises 2026 Sales and Earnings Outlook as Dupixent Revenue Surges
The French drugmaker reported €14.44 billion in third-quarter sales, raised its full-year growth forecasts and signalled interest in acquisitions to strengthen its medicines pipeline.
World
Regeneron Quarterly Revenue Climbs 36% to $5.1 Billion as Sanofi Partnership Expands
The US biotechnology company reported higher sales across key medicines and detailed a $1 billion upfront payment in an expanded antibody-development alliance with Sanofi.
Diplomacy
China and Germany's Presidents Discuss International Order at Beijing Talks
Xi Jinping and Frank-Walter Steinmeier called for international cooperation during their October 30 meeting, but no new bilateral treaty was announced in the reports reviewed.
World
ECB Survey Lifts 2026 and 2027 Eurozone Inflation Forecasts
Professional forecasters now expect inflation of 3.0% this year and 2.6% next year, largely reflecting energy costs, while longer-term expectations remain at 2%.
World
Eurozone GDP Grows 0.4% in Third Quarter, Above Forecasts
Eurostat's preliminary estimate shows growth slowing from 0.6% in the previous quarter but exceeding economists' expectations, with uneven results across member states.
World
Chevron Reports $9.9 Billion Third-Quarter Profit Amid Strong Refining Margins
Chevron's adjusted earnings reached $10.4 billion, while its US refineries recorded high throughput and downstream earnings increased sharply from a year earlier.
World
ExxonMobil Reports $15.4 Billion Third-Quarter Profit as Refining Earnings Surge
The US oil producer's adjusted earnings reached $17.5 billion, with stronger fuel-refining margins offsetting pressure on its upstream business.
World
Eurozone Unemployment Stays at 6.5% as September Jobless Count Rises
New Eurostat figures show 11.555 million unemployed people in the euro area, with the headline rate unchanged but the number seeking work higher than in August.
World
EIB and Deutsche Bank Agree €560 Million Financing Partnership for European Space Firms
The agreement is intended to support investment in satellites, launch systems and other space technologies across the EU, with financing yet to be allocated to individual firms.
World
China's ICBC Reports Nearly 10% Third-Quarter Profit Growth
Industrial and Commercial Bank of China reported quarterly net profit of 111.96 billion yuan, with nine-month earnings also higher than a year earlier.
World
BP Reports $8.46 Billion Third-Quarter Underlying Profit as Refining Margins Surge
BP's underlying replacement-cost profit nearly quadrupled from a year earlier, helped by stronger fuel refining and trading, while net debt fell sharply.
World
Germany's Adjusted Unemployment Rises by 4,000 in October Despite Seasonal Decline
Germany's seasonally adjusted jobless count increased to 3.016 million while the unadjusted total fell below 3 million, reflecting a subdued labour market.