Economy

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UK inflation jumps to 3.5%

U.K. inflation rose by a hotter-than-expected 3.5% in the 12 months to September, driven by the surging cost of motor fuels.

Oil prices climb as traders assess Middle East developments

Iran's Revolutionary Guards said Tuesday that naval mines had prevented three tankers attempting to pass through the Strait of Hormuz.

What the French Protests Can Teach Americans

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‘This petrol station is my home now’: Malawi’s fuel crisis forces desperate drivers to queue for days

Shortages caused by the country’s lack of hard currency have escalated into a national emergency, with drivers waiting for a fuel tanker that may never arrive

U.S. eyes refining muscle of Indian billionaire Ambani's Reliance as Rubio visits Jamnagar plant

Rubio said the "extraordinary" refining capacity of Reliance could help India diversify its energy supplies, hinting at greater offtake of Venezuelan crude.

CNBC Daily Open: The Musk universe is planning its latest crossover

In the corporate world, Elon Musk is mulling a more ambitious merger of universes: SpaceX and Tesla.

Australian data center operator NextDC's shares plunge 40% after it slashes earnings forecast

The company cited power supply delays at its Melbourne facility amid local community and stakeholder opposition for lowering earnings forecast.

Car buyers are demanding lower prices and better tech. Automakers must deliver both

Bain says tech leads purchase considerations in China while price remains No. 1 in the U.S. and Europe, as pressure mounts on Western carmakers.

Japan exports post huge miss in September as growth slows to 16.7%

Japan's imports grew 18.9%, also missing expectations of 19.6% from Reuters.

Capital One's Strong Quarter and Progressing Discover Integration Are Rewarded on Wall Street

Stronger net interest income and credit performance were the stars of the bank's earnings.

Wednesday's Big Stock Stories: What’s Likely to Move the Market in the Next Trading Session

The Dow Industrials jumped more than 500 points on Tuesday as traders grew optimistic over the earnings season.