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Friday, October 16, 2026
The New York Finance

Top Business News Around The World

Friday, October 16, 2026

Business

China, inflation could pop Japan PM’s bubble

Charming Donald Trump one week, angering China the next, Japan’s Prime Minister Sanae Takaichi has had a busy start and is riding high in the polls, all on a few hours of…

By The New York Finance Staff

What does US ‘terrorist’ designation for Venezuela mean?

Washington’s designation of an alleged Venezuelan cartel as a foreign terrorist organization (FTO) takes effect on Monday, opening the door to new forms of US pressure on President Nicolas Maduro. The FTO…

By The New York Finance Staff

Mexico training ship that hit Brooklyn Bridge returns home

The Mexican naval training ship that crashed into the Brooklyn Bridge in May, leaving two crew members dead, returned home on Sunday to official fanfare in the port of Veracruz. Numerous sailors…

By The New York Finance Staff

G20 summit opens in South Africa without Trump

A US-European rift over the future of Ukraine is set to overshadow a G20 summit starting in South Africa on Saturday further marked by Donald Trump’s pointed absence.  The Johannesburg gathering is…

By The New York Finance Staff

US airspace recovers as budget shutdown ends

Transportation Secretary Sean Duffy said Thursday that US air travel is recovering after the disruptions caused by the more than month-long government funding shutdown. “Yesterday was one of the best days our…

By The New York Finance Staff

Return to bad days of hyperinflation looms in Venezuela

Venezuelans are grappling with political and economic chaos, a mass population exodus and fears of a US military attack. Now, their wallets are ever thinner as a return to hyperinflation looms. Increasingly,…

By The New York Finance Staff

Samsung plans $310 bn investment to power AI expansion

South Korean conglomerate Samsung unveiled on Sunday a plan to invest $310 billion over the next five years mostly in technology powering artificial intelligence, aiming to meet growing demand driven by a…

By The New York Finance Staff