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Monday, October 26, 2026
The New York Finance

Top Business News Around The World

Monday, October 26, 2026

Staff

Chinese property giant Vanke warns of huge loss, CEO resigns

Indebted Chinese property giant Vanke said Monday that its CEO had resigned due to “health reasons”, after state-backed media reported he had been taken away by authorities. The company also warned on…

By The New York Finance Staff

Lawmakers set to confirm Scott Bessent for US Treasury chief

The US Senate is widely expected to confirm billionaire hedge fund manager Scott Bessent for Treasury secretary Monday, putting him at the forefront of implementing Donald Trump’s economic agenda — which is…

By The New York Finance Staff

Instagram courts TikTok stars during turbulent times

Meta-owned Instagram has been wooing creators from TikTok as the China-based video-snippet sharing app’s future remains uncertain in the United States. After officially increasing the allowed length of videos and adding a…

By The New York Finance Staff

US Supreme Court upholds law banning TikTok

The US Supreme Court on Friday upheld a law that will ban TikTok in the United States, potentially denying the video-sharing app to 170 million users in two days. In a major…

By The New York Finance Staff

US grounds SpaceX’s Starship after fiery mid-air explosion

The United States on Friday grounded SpaceX’s Starship and ordered Elon Musk’s company to investigate why the spaceship spectacularly disintegrated in a fiery cascade over the Caribbean during its latest test mission.…

By The New York Finance Staff

Apple sidelines AI news summaries due to errors

Apple pushed out a software update on Thursday which disabled news headlines and summaries generated using artificial intelligence that were lambasted for getting facts wrong. The move by the tech titan comes…

By The New York Finance Staff

Disinformation experts slam Meta decision to end US fact-checking

Tech giant Meta’s shock announcement to end its US fact-checking program triggered scathing criticism Tuesday from disinformation researchers who warned it risked opening the floodgates for proliferating false narratives. Meta Chief Executive…

By The New York Finance Staff