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Friday, October 16, 2026
The New York Finance

Top Business News Around The World

Friday, October 16, 2026

Business

Asian markets drop with Wall Street as tech fears revive

Asian markets dropped Monday as concerns about the AI-fuelled tech rally returned to the spotlight after weak earnings from two big-name firms last week revived questions about the wisdom of the vast…

By The New York Finance Staff

Spain fines Airbnb 64 mn euros for posting banned properties

Spain’s leftist government said Monday it had fined Airbnb more than 64 million euros ($75 million), notably for posting listings for banned rental properties, at a time the country faces a housing…

By The New York Finance Staff

Boeing closes takeover of aviation supplier Spirit

Boeing announced Monday that it completed an acquisition of aerospace supplier Spirit AeroSystems, saying the move will allow for more seamless operations and enhance quality control. Closure of the deal, first announced…

By The New York Finance Staff

High-flying tech hits potholes in India’s Silicon Valley

In India’s tech capital Bengaluru, the morning “rush hour” lasts so long it devours half the workday, throttling productivity in a city often viewed as the poster child of a booming economy.…

By The New York Finance Staff

Asian stocks track latest Wall Street rally as rate bets rise

Asian markets rose again Thursday to extend the week’s global rally as traders ramp up bets on a third successive US interest rate cut next month. With recent worries over stretched valuations…

By The New York Finance Staff

Europe secures record space budget to boost independence

The European Space Agency announced Thursday it had secured a record budget of 22.1 billion euros to fund its programmes for the next three years, as the continent seeks greater independence in…

By The New York Finance Staff