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Monday, October 26, 2026
The New York Finance

Top Business News Around The World

Monday, October 26, 2026

Top News

China sanctions five US units of South Korean ship giant Hanwha

China imposed sanctions on five American subsidiaries of South Korean shipbuilder Hanwha Ocean on Tuesday, accusing them of supporting a US government investigation into the shipping industry, as tit-for-tat port fees took…

By The New York Finance Staff

EU wants key sectors to use made-in-Europe AI

The EU on Wednesday told European businesses in critical sectors to ramp up their uptake of artificial intelligence and pushed for the bloc to cut its dependence on foreign AI providers. Although…

By The New York Finance Staff

White House promises US-controlled TikTok algorithm

The White House on Monday said a US version of TikTok would feature a homegrown model of the app’s prized algorithm, potentially clearing one of the main obstacles to keeping the Chinese-owned…

By The New York Finance Staff

YouTube to reinstate creators banned over misinformation

YouTube is set to reinstate creators previously banned for promoting Covid-19 misinformation and false election-related content, according to a letter sent Tuesday by parent company Alphabet to a Republican lawmaker. The policy…

By The New York Finance Staff

Trump allies to control TikTok under new US deal

Donald Trump on Thursday signed an executive order laying out a proposed deal for a US version of TikTok that would see Chinese ownership reduced to 20 percent and put control in…

By The New York Finance Staff

IAEA says Iran nuclear diplomacy at a ‘difficult juncture’

The head of the UN’s nuclear watchdog, Rafael Grossi, told AFP Monday that diplomatic efforts to resolve the dispute over Iran’s nuclear program were at a “difficult juncture” but dialogue would continue.…

By The New York Finance Staff