Day: October 21, 2026

Billionaire Michael Bloomberg is donating $80 million to boost Democratic candidates, marking a last-minute entry in a US midterm cycle dominated by big spenders. Bloomberg is the party’s “late-arriving white knight,” The New York Times wrote, as Elon Musk has poured in more than $360 million to help Republicans — ...

Europe’s airfares will see their “biggest increase in history” next year, Ryanair’s boss warned Tuesday, as a global fuel squeeze puts pressure on a commercial aviation industry that’s so far proven resilient to supply shocks. Ticket prices could jump as much as 20%, Michael O’Leary predicted, with industry consolidation leading ...

Alibaba, ByteDance, and Tencent have together ordered more than $35 billion worth of Nvidia chips, Reuters reported Tuesday, as China’s compute-hungry tech giants turn to the US. The deals illustrate the continuing entanglement of the US and Chinese tech ecosystems, despite intensifying drives in Washington and Beijing to wall off ...

The UK said Tuesday it will send fighter jets to protect Saudi Arabia’s cities and critical infrastructure from escalating aerial attacks by the Iran-backed Houthis.  Saudi Arabia on Monday postponed its flagship investment conference, as the Houthis mount intensifying — and deadly — strikes against symbols of the kingdom’s global ...

US Secretary of State Marco Rubio hailed India as a “refining superpower” during his visit to the country, as Washington seeks ways to ease the turmoil in global energy markets ahead of midterm elections. Rubio on Wednesday is expected to tour Reliance’s oil refinery — the world’s largest — to ...