Business
Companies and Earnings, Markets and Trading, Mergers and Acquisitions and Corporate Strategy.
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Indonesia Cuts Pipeline Gas Deliveries to Singapore
Singapore’s Energy Market Authority said the reduction is less than 2% of the city-state’s daily gas demand.
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British Retail Volumes Fall; Brent Ends Higher
Brent’s 3.14% daily gain put the benchmark at $116.72 per barrel at Friday’s settlement, Reuters reported.
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First Hawaiian Lowers 2026 Loan-Growth Outlook
First Hawaiian reported $14.5 billion in gross loans and leases at September 30, down $115.1 million from the prior quarter.
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FT Reports End to Smith & Nephew and J&J Merger Talks
The Financial Times reported J&J shareholders were to hold a proposed 50.1% stake in the combined company.
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Wales Consults on Underground-First Electricity Line Policy
The proposal covers lines rated 11–132 kV; overhead options would be limited to low wooden poles or an equivalent less intrusive design.
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Bloom Energy Raises 2026 Outlook as Quarterly Revenue Rises
Bloom reported third-quarter revenue of $1.24 billion, up 138.1% from the same quarter in 2025.
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Azerbaijan Approves Long-Term Low-Carbon Strategy
The net-zero goal is conditional on international support, technology transfers, concessional loans and private investment.
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Blackstone Distributable Earnings Fall as Fee Income Rises
Blackstone reported $1.37 trillion in assets under management, with more than $63 billion in quarterly inflows.
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Enterprise Singapore Commits Over S$45m to Manufacturing AI
The initiative will connect systems integrators and AI providers with trade associations and chambers to support deployment of manufacturing AI.
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Tesla Q3 Net Income Falls 43% as Revenue Holds Steady
Tesla reported $28.046 billion in third-quarter revenue, with services and other revenue up 33% year over year to $4.605 billion.