Thursday, 22 October 2026 Newsarchy UK live index
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Tesla and SpaceX explore multi-trillion-dollar merger before Trump exits

Tesla and SpaceX explore multi-trillion-dollar merger before Trump exits

Tesla and SpaceX have established independent board committees to evaluate a potential multi-trillion-dollar merger to consolidate Elon Musk's corporate empire.

Business ·22 Oct 2026, 15:08 ·Maeve Turner 3 min read
Barclays to Cut 5,000 Jobs in AI-Fueled Push to Lower Costs

Barclays to Cut 5,000 Jobs in AI-Fueled Push to Lower Costs

British banking giant Barclays is eliminating 5,000 roles in a technology and automation-driven cost-reduction effort, alongside a 12% rise in third-quarter pre-tax profits.

Business ·22 Oct 2026, 14:35 ·Maeve Turner 4 min read
US stock futures tumble as oil prices surge and tech shares slide

US stock futures tumble as oil prices surge and tech shares slide

US stock futures fell sharply as escalating Middle East conflicts pushed crude oil prices higher and profit-taking hit major technology shares.

Business ·22 Oct 2026, 13:36 ·Maeve Turner 3 min read
Barclays to Cut 5,000 Jobs in AI-Fueled Push to Lower Costs

Barclays to Cut 5,000 Jobs in AI-Fueled Push to Lower Costs

Barclays announced plans to cut 5,000 jobs as part of an artificial intelligence-driven strategy to lower costs, alongside reporting its third-quarter earnings.

Business ·22 Oct 2026, 13:08 ·Maeve Turner 4 min read
Barclays Cuts 5,000 Jobs to Boost Automation and AI Efficiency

Barclays Cuts 5,000 Jobs to Boost Automation and AI Efficiency

Barclays is eliminating roughly 5,000 positions by the end of 2026 as part of a sweeping technology-driven efficiency drive.

Business ·22 Oct 2026, 12:09 ·Maeve Turner 3 min read
Barclays to cut 5,000 jobs as AI investment reshapes workforce

Barclays to cut 5,000 jobs as AI investment reshapes workforce

Barclays is eliminating 5,000 jobs by the end of 2026 as the bank accelerates its reliance on artificial intelligence and technology-driven efficiency.

Business ·22 Oct 2026, 10:05 ·Maeve Turner 4 min read
Deepseek raises $15 billion in challenge to leading US labs, Bloomberg News reports

Deepseek raises $15 billion in challenge to leading US labs, Bloomberg News reports

Chinese AI startup DeepSeek has secured approximately 100 billion yuan in a massive fundraising round backed by corporate players like Tencent.

Business ·22 Oct 2026, 07:07 ·Maeve Turner 3 min read
Meta ordered to pay $25 billion by New Mexico judge in privacy case

Meta ordered to pay $25 billion by New Mexico judge in privacy case

A New Mexico judge ordered Meta to pay a $25 billion penalty after a jury concluded the tech giant misled residents regarding data collection practices.

Business ·22 Oct 2026, 05:09 ·Maeve Turner 4 min read
New Mexico orders Meta to pay $25B over Cambridge Analytica privacy case

New Mexico orders Meta to pay $25B over Cambridge Analytica privacy case

Meta has been ordered by a New Mexico judge to pay $25 billion following a jury verdict finding over 43 million violations of state consumer protection laws.

Business ·22 Oct 2026, 03:03 ·Maeve Turner 3 min read
Anthropic model suspension sparks India AI independence debate

Anthropic model suspension sparks India AI independence debate

Anthropic's sudden suspension of its newest AI models following a U.S. directive has ignited a debate in India over technology dependence and sovereignty.

Business ·22 Oct 2026, 02:06 ·Maeve Turner 4 min read
Airbnb hosts can no longer make guests strip beds and wash dishes under new rules

Airbnb hosts can no longer make guests strip beds and wash dishes under new rules

Airbnb is banning hosts from forcing guests to complete heavy checkout chores like washing dishes and stripping beds, addressing complaints over fees.

Business ·22 Oct 2026, 01:06 ·Maeve Turner 3 min read
Nick Scali slashes profit guidance amid housing market slump

Nick Scali slashes profit guidance amid housing market slump

Furniture retailer Nick Scali has downgraded its profit forecast after suffering a 15 per cent drop in written sales orders amid challenging trading conditions.

Business ·22 Oct 2026, 00:04 ·Maeve Turner 4 min read
Meta to pay $25B in New Mexico case over misleading Facebook users

Meta to pay $25B in New Mexico case over misleading Facebook users

A New Mexico state judge has ordered Meta to pay a $25 billion civil penalty following a landmark trial over data privacy and user deception tied to the Cambridge Analytica scandal.

Business ·21 Oct 2026, 21:15 ·Maeve Turner 3 min read
Ontario economy shows resilience amid tariff and housing headwinds

Ontario economy shows resilience amid tariff and housing headwinds

Ontario navigates persistent trade and mortgage headwinds while benefiting from Canada's lowest inflation rate and incremental improvements in housing affordability.

Business ·21 Oct 2026, 18:06 ·Maeve Turner 3 min read
Elon Musk says SpaceX and Tesla have begun exploring a merger

Elon Musk says SpaceX and Tesla have begun exploring a merger

Elon Musk confirmed that SpaceX and Tesla have begun exploring a potential merger, with independent committees established to evaluate the tie-up.

Business ·21 Oct 2026, 15:11 ·Maeve Turner 3 min read
Elon Musk says SpaceX-Tesla merger is 'a good idea' as companies form deal committees

Elon Musk says SpaceX-Tesla merger is 'a good idea' as companies form deal committees

Elon Musk has confirmed that special committees are evaluating a potential merger between SpaceX and Tesla, marking an official review of the union.

Business ·21 Oct 2026, 09:06 ·Maeve Turner 3 min read
Anthropic logged net loss of over US$80 billion in first half of 2026: Report

Anthropic logged net loss of over US$80 billion in first half of 2026: Report

Anthropic recorded a net loss exceeding US$80 billion in the first half of 2026, driven largely by non-cash accounting charges and massive infrastructure commitments revealed in an IPO prospectus.

Business ·21 Oct 2026, 04:06 ·Maeve Turner 3 min read
Indonesia Stock Exchange to Meet MSCI Following Demotion Warning

Indonesia Stock Exchange to Meet MSCI Following Demotion Warning

Indonesia's stock exchange has scheduled talks with MSCI after a demotion warning threatened to reclassify the market as a standalone category.

Business ·21 Oct 2026, 00:07 ·Maeve Turner 3 min read
Eric Schmidt’s 1% Anthropic stake could be worth tens of billions at IPO

Eric Schmidt’s 1% Anthropic stake could be worth tens of billions at IPO

Former Google Chief Executive Eric Schmidt stands to collect a massive payday as Anthropic accelerates toward an initial public offering.

Business ·20 Oct 2026, 23:08 ·Maeve Turner 4 min read
SpaceX posts $14.6 billion third-quarter revenue as AI division surges

SpaceX posts $14.6 billion third-quarter revenue as AI division surges

SpaceX posted $14.6 billion in revenue for the third quarter of 2026, easily beating expectations as its artificial intelligence division surged.

Business ·20 Oct 2026, 21:06 ·Maeve Turner 3 min read