Georgia court considers banning five opposition parties in major political confrontation
Georgia's Constitutional Court has opened hearings on a case brought by ruling-party lawmakers seeking to ban five opposition political forces, prompting warnings about democratic freedoms and political competition.
Meta (NASDAQ: META) near $646: Can $140bn AI spending justify its $1.65tn valuation?
Meta Platforms shares have fallen sharply despite 26% revenue growth as its AI infrastructure investments drive free cash flow into negative territory. With annual capital expenditure approaching $140 billion and a new non-voting share class planned, investors face a critical question about future returns, financing and shareholder dilution.
Safran aftermarket revenue jumps 18.7% as aircraft shortages strengthen engine economics
Safran reported €9 billion of third-quarter revenue and 13.4% organic growth as propulsion aftermarket sales accelerated, highlighting how delayed aircraft replacement is extending the economic life of existing fleets.
Hermès growth slows to 4.3% as China tests the limits of luxury resilience
Hermès reported €4.10 billion of third-quarter sales and continued double-digit leather-goods growth, but declining ready-to-wear demand and a difficult Chinese market exposed limits to the luxury group’s long-standing resilience.
Honeywell Technologies lifts 2026 outlook as automation margins reach 21.3%
Honeywell Technologies reported 7% organic sales growth and a 370-basis-point improvement in segment margin during its first full quarter as a standalone automation business. Its revised earnings outlook reflects efficiency gains, but the sustainability of demand and cash conversion remains important.
Rexel data-centre sales triple as AI spending reaches the electrical supply chain
Rexel raised its 2026 outlook for the second time after third-quarter sales rose 11.4%, with United States data-centre revenue growing at a triple-digit rate and reaching about 13% of the company’s U.S. business.
IBM software rebounds 8%, so why did investors wipe billions from its valuation?
IBM reported faster third-quarter revenue growth, an 8% software increase and higher free-cash-flow guidance, but its shares fell sharply as investors questioned whether delayed transactions exaggerated the apparent rebound.
American Airlines loses $269m despite record $16.3bn revenue as fuel costs surge
American Airlines delivered record third-quarter revenue and stronger premium travel demand, but a $1.9 billion increase in fuel expenses pushed the carrier into a net loss. Management now expects a full-year adjusted loss and slower capacity growth in 2027.
Kuehne+Nagel air-freight profit jumps 84% as AI hardware becomes a logistics boom
Kuehne+Nagel raised its 2026 profit forecast again after semiconductor and cloud-infrastructure shipments drove an 84% jump in Air Logistics EBIT, revealing an overlooked layer of the artificial intelligence supply chain.
Grupo México plans up to $6bn US copper push as Washington’s supply problem deepens
Grupo México plans $4 billion to $6 billion of investment across its Asarco operations, including Arizona mine expansions and a possible restart of the Hayden smelter and refinery, as the United States tries to rebuild domestic copper supply chains.