The oil major hiked its share buyback program as global volatility in energy markets saw profits soar.
Shell nearly doubles quarterly profit year-on-year as refining margins soar to record high
Original reporting
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Putin praises Elon Musk as a ‘real genius’ as Russia develops Starlink alternative
Russia is trying to develop is own version of the satellite constellation Starlink: Rassvet.
Alphabet falls 10% in premarket, putting it on course for its biggest ever post-earnings drop
Alphabet reported a larger negative free cash flow than analysts had expected while maintaining its spending gudiance for the year.

UK government borrowing costs fall as City welcomes ‘no harm’ budget’ – business live
Pound steady and gilt yields fall as chancellor ‘navigates first budget without spooking gilt markets,’ experts say The pound is steady and gilt yields dipped, a day after John Healey delivered a cautious set of tax and spending plans in his maiden budget to help households hit by “global economic storms,” as he put it, which had little impact on markets. Sterling – the best performing major currency against the dollar this month with a 0.5% gain – dipped 0.1% against the greenback to $1.3310. It has gained a similar amount against the euro in October. The UK budget announcement has proven the non-event that newly-minted chancellor Healey had signalled in advance. While his first budget is hardly inspiring, it contrasts favourably with the initial efforts of some of his recent predecessors. By sticking to a gradual fiscal tightening path, and to the expectations set over the past couple

‘I earn £126,000 – but nothing’s left at the end of the month’: readers react to the budget
From a young chef and a single father to business owners and a pensioner, Guardian readers reveal how John Healey’s measures will affect them What the budget means for you Louie, 24, a chef living in London, says a lot of people have “written off the idea of even considering getting a property” in their 20s. Continue reading...
Hegseth reportedly fires U.S. top military planner as Trump downplays Iran peace talks
Lieutenant General Brett Sylvia was removed as head of strategy, plans and policy on the Joint Chiefs of Staff.
Tencent, Visa deepen payments push in China after regulatory green light
Tencent and Visa are expanding their payments partnership following recent regulatory approvals for foreign financial firms in China.