Boeing is set to brief investors on its aircraft production outlook when it reports quarterly results before the market opens Tuesday.
Boeing narrows third-quarter loss as defense sales rise, but focus remains on 737 Max production
Original reporting
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HSBC profits surge 32%, sparking fresh calls for bank taxes in the budget – business live
Rolling coverage of the latest economic and financial news UK shop price inflation ‘highest since 2024’ as retailers struggle to limit price rises The 6% drop in HSBC’s share price this morning has made rather a dent in the FTSE 100 share index. The ‘Footsie’ is down 108 points, or 1%, at 10,659 points. “You don’t usually get fireworks from HSBC results, and these are no exception. There are signs of some improvement overall, and a boost to the buyback is welcome, but it’s clear why the market wasn’t really inspired by these numbers. HSBC seems to be doing ok, but ok doesn’t really cut it in a world where inflation is back on the menu and growth may start to slow. At least it’s not exactly rolling in profits this time around, providing some useful air cover ahead of a UK budget that will may include another raid on banks.” Continue reading...
Man charged with assisting ‘foreign intelligence service’ after incident at UK base used for Iran strikes
Two men face U.K. national security charges after an incident at a British air base used by U.S. forces during strikes on Iran.
Coca-Cola hikes earnings outlook, even as it sees lackluster demand in North America
Coca-Cola stock has climbed about 32% so far this year, raising the beverage company's market cap to roughly $398 billion.

Melania Trump-brokered local ceasefire begins as Russia continues attacks on Ukraine
A localized ceasefire between Ukraine and Russia took effect early Tuesday ahead of a humanitarian mission brokered by U.S. first lady Melania Trump, as missile attacks resumed in Kyiv.

Chancellor to cut tariffs on some food and freeze fuel duty to give families 'breathing space'
A series of small announcements are part of John Healey's pledge to give households help with the cost of living.
Fed rate hikes are coming, but not this week: CNBC survey
The CNBC Fed Survey shows that 93% of respondent expect a pause at the Federal Reserve meeting taking place this week.