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Friday, October 16, 2026
The New York Finance

Top Business News Around The World

Friday, October 16, 2026

Business

GSK switches CEO as Trump tariffs test pharma

British pharmaceutical giant GSK on Monday said longtime chief executive Emma Walmsley will be replaced by its chief commercial officer in January, as the company navigates US tariffs on the sector. Luke…

By The New York Finance Staff

Jaguar Land Rover to partly resume output after cyberattack

Jaguar Land Rover on Monday said it will partially restart production in the coming days after a damaging cyberattack halted operations at its UK factories. The Indian-owned automaker said on September 2…

By The New York Finance Staff

French lawmakers urge social media ban for under-15s

French lawmakers urged a social media ban for under-15s and “digital curfew” for older minors Thursday, with massively popular short video platform TikTok the focus of renewed harsh government scrutiny. Imposing the…

By The New York Finance Staff

Australia says social media ban will not age test all users

Australia will not require social media giants to verify the ages of all users under its ban on under-16s using the platforms, Canberra said Tuesday. But platforms like Facebook, Snapchat, TikTok and…

By The New York Finance Staff

US to stop collecting emissions data from polluters

The United States moved on Friday to dismantle a “burdensome” federal program that tracks greenhouse gas emissions across the US economy, the latest step by President Donald Trump’s administration to undercut efforts…

By The New York Finance Staff

Asian markets fluctuate ahead of expected US rate cut

Asian markets were mixed Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week. Equities have enjoyed a strong run-up over recent weeks as a…

By The New York Finance Staff

Chinese factory, consumer activity slow amid economy struggles

China’s economy showed further signs of weakness last month, with key data Monday revealing factory output and consumption rising at their weakest pace for around a year. Beijing has struggled to fully…

By The New York Finance Staff