Writing the summary…
Hobbs and Whistles owner investigates hack that may have exposed customer data
Source: The Guardian
Original reporting
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CNBC
Iran reportedly fortifies nuclear sites as it prepares for possible U.S. strikes after midterms
A Saudi-led coalition fighting the Houthis – a Yemeni militant group backed by Tehran – said it had intercepted another attack on Riyadh.
CNBC
Micron, SoftBank and ASML slide as Wall Street chip rout spreads
Technology stocks tumbled Tuesday as a sell-off in U.S. semiconductor shares spilled into Asian and European markets.
The Guardian
JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live
Rolling coverage of the latest economic and financial news UK government bonds are rallying this morning, after the IMF said it had increased its growth forecast for the country this year. Yields (which fall when bond prices rise) are down by about 5 basis points for the 10-year gilt, and down by 4 basis points for the 5-year. Continue reading...
CNBC
French supermarket fridges get hacked, heating to 122°F and sparking fires
Hackers targeted hundreds of French supermarkets in a large-scale cyberattack, causing refrigerators to overheat, spoiling food, and sparking fires.
CNBC
The stock market is at a critical juncture. Wall Street is convinced it will resolve in the bulls' favor
There's an extraordinary split between the headline S&P 500 pinned just under a record high and the median stock in the index struggling in a 16% drawdown.
The Guardian
UK shoppers seek deals as grocery price inflation rises again
Price of chocolates falls in run-up to Halloween, while supermarkets use special offers to draw in sales Business live – latest updates Grocery price inflation in the UK has picked up further, prompting shoppers to turn to special offers to keep their bills down – while the price of chocolates has fallen in the run-up to Halloween. Supermarket prices were 2.5% higher than last year in the four weeks to 4 October, up from 2.3% last month, according to data from the retail analysts Worldpanel by Numerator. Continue reading...