The American Express Times
Thursday, October 15, 2026
Houthis attack Saudi Aramco headquarters
Youthi rebels launched missile and drone strikes on Saudi Aramco’s headquarters in Dhahran on October 13, damaging multiple floors and causing a fire but no casualties. The attack, part of a broader campaign against Saudi targets amid escalating conflict, disrupted major energy events and heightened regional tensions with ongoing retaliatory strikes expected.
★ Featured Stories
Shwapno supports abandoned sisters’ family with a cow
Shwapno donated a cow to the family of two young sisters abandoned in Cumilla to help them generate income through livestock rearing. This support aims…
England Debutant Lexi Potter Thrilled Despite Pre-Game Nerves
England midfielder Lexi Potter made her senior debut in the Lionesses' 5-0 win over Greece, helping secure a spot in the World Cup play-off final…
DSE turnover plummets to 7-month low
Trading volume on the Dhaka Stock Exchange fell to a near seven-month low at Tk146 crore despite modest gains in the main indices, reflecting cautious…
BofA profits drop 17% after $1.2bn penalty from Treasury
Bank of America reported a 17 percent drop in third-quarter profits to $6.9 billion after allocating $1.2 billion for regulatory fines related to money laundering…
★ All Stories
Growth companies chase grey pound
Britain's ageing population is driving rapid growth in companies offering retirement planning, home adaptations, and tech-enabled care services, with the pensioner demographic expected to increase…
Top Freshfields partners eye carve-out for AI division ‘probably worth billions’
Senior partners at Freshfields are considering spinning off their AI division, Freshfields Lab, into a separate company that could be valued at billions and attract…
Modern films need some of punk’s honesty
Critic Janan Ganesh argues that the dominance of blockbuster franchises like the Marvel Cinematic Universe has led to a creative decline in mainstream studio films,…
Hole picture: Skull pieces add to dinosaur understanding
Researchers identified a partial skull fossil from the Isle of Wight as a new species of megaraptoran dinosaur named Invictibellatrix amberina, dating back about 120…
Gold Fields woos investors in bid target
Gold Fields has initiated an investor outreach campaign in Australia to gain support for its A$39 billion takeover bid for Northern Star, aiming to create…
Le Pen pledge Élysée hopeful to confront EU
Marine Le Pen, leader of France’s far-right Rassemblement National party, has emerged as the frontrunner for the 2027 presidential election, campaigning on nationalist sovereignty, fiscal…
Kyiv accused of sabotaging gas pipelines
Former Ukrainian intelligence officer Serhii Kuznietsov is on trial in Hamburg accused of leading the sabotage of the Nord Stream gas pipelines in 2022, which…
Badenoch fears Budget will hit banks
Kemi Badenoch, leader of the Conservative Party, has warned that proposed increases in bank taxes in the upcoming Budget could slow economic growth and weaken…
Energy boom: West in ‘race’ with China on nuclear fusion
The United Kingdom and China are competing to develop commercial nuclear fusion energy, with the UK Atomic Energy Authority recently announcing technical breakthroughs and emphasizing…
Rooney books to be withdrawn from UK sale
Irish author Sally Rooney’s books will no longer be sold in the UK after her publisher, Faber & Faber, halted sales citing UK terrorism laws…
Schillings sets up private investigations business with US law firm
UK law firm Schillings is launching CLS Vision, a private investigations and intelligence business in partnership with US law firm Clare Locke, led by former…
Jump in US inflation deepens pain for voters ahead of key midterm elections
US inflation rose to 3.7 percent in September, driven by a sharp increase in fuel prices amid geopolitical tensions related to Iran. This unexpected uptick…
AI mega-rounds make life harder for venture capital industry
AI startups led global venture capital funding in Q3 2026, with mega-rounds over $100 million making up 80% of total inflows and driving larger but…
Palantir drops legal case against mayor of London
Palantir Technologies has withdrawn its lawsuit against London Mayor Sadiq Khan after he blocked a £50 million contract for providing AI-driven analytics to the Metropolitan…
Tees Valley authority investigated
The UK government has announced a statutory “best value” inspection of the Tees Valley Combined Authority to investigate ongoing concerns about its financial management and…
Challenges of war surgery in Khartoum, Sudan
A medical team in Khartoum has been treating a surge of war casualties, handling mass casualty incidents with over 127 injured arriving in a single…
Founders find way to grow in the gloom
British entrepreneurs have sustained impressive growth across various sectors despite political and economic uncertainty, as shown by a new ranking of the UK’s fastest-growing companies…
Strikes on data centres wreak havoc on daily life in Russia
Ukrainian drone strikes have severely damaged multiple Yandex data centres, causing widespread outages in essential Russian digital services such as email, transport apps, and electronic…
Global diesel prices could rise again in coming weeks, warns IEA
The International Energy Agency warns that global diesel shortages will continue until at least mid-2027 due to Middle East conflicts, refinery attacks in Russia, and…
Berkshire adds $330mn to Bending Spoons stake
Berkshire Hathaway increased its stake in technology firm Bending Spoons by $330 million, raising its total investment to 4 percent through a new share placement.…
Airbus bullish over meeting output targets despite supply chain pressure
Airbus confirmed it remains on track to deliver around 870 aircraft by the end of 2026 despite supply chain delays and quality issues affecting key…
Japanese banks and insurers buy $34bn of domestic bonds
Japan’s largest banks and insurance companies increased their purchases of domestic government bonds by ¥5.4 trillion between April and August 2026 while reducing their foreign…
Tata battle has the potential to reshape India Inc
The Tata Group is experiencing a power struggle between executive chair N Chandrasekaran and Tata Trusts chair Noel Tata over leadership and the future strategy…
Investor appetite for data centre IPOs is reaching its limit
Three major data centre companies—AirTrunk, Firmus, and SB Energy—have recently delayed or canceled their planned IPOs due to investor caution and valuation challenges. This signals…
The gangs, the guns and the battle for Brazil
Drug gangs, particularly Comando Vermelho, control vast areas of Rio de Janeiro and much of Brazil, exerting influence over daily life, politics, and security despite…
Saudi Arabia has to show it can keep working even under fire
Houthi attacks on Riyadh’s airport have exposed vulnerabilities in Saudi Arabia’s critical infrastructure, challenging the kingdom’s Vision 2030 goal of becoming a regional hub for…
This is an era of Davids, not Goliaths
Western investors are showing reluctance to participate in Saudi Arabia’s Future Investment Initiative following recent deadly attacks on the kingdom’s infrastructure by Houthi rebels. This…
Profitability at Europe’s oil refineries falls as costs soar
European oil refineries are facing sharply reduced profitability due to rising crude oil prices and unprecedented transportation costs, pushing some margins into negative territory. If…
Kraken owner buys European lender as digital groups take on traditional banks
Payward, the parent company of crypto exchange Kraken, plans to acquire Lithuania-based Saldo Bank to combine digital asset services with traditional banking under a fully…
A fruity ode to debauched love in Royal Opera House’s Manon
The Royal Opera House has launched a 22-performance season of Kenneth MacMillan’s ballet Manon, featuring Francesca Hayward and Marcelino Sambé in the lead roles. The…
Unshackle workers from non-compete clauses
Prime Minister Andy Burnham has pledged new legislation to limit non-compete clauses, which now affect over 25% of UK workers and restrict their ability to…
The aesthetics of quantum computing
London-based Quantum Motion has designed a quantum computer that combines advanced cryogenic technology with artistic, art deco-inspired aesthetics to represent the concept of the quantum…
London’s gold market enjoys the Trump effect
The Dutch central bank transferred over 78 tonnes of gold from New York to London to enhance access during crises and leverage London’s status as…
Turkish authorities take over news TV channel
Turkish authorities raided Halk TV, a leading pro-opposition news channel, halted its live broadcasts, and appointed a government trustee amid an investigation into its chairman…
Lufthansa to buy stake in Portugal’s TAP carrier
The Portuguese government has agreed to sell a 44.9 percent stake in TAP Air Portugal to Lufthansa for just over €1 billion, with the deal…
Start-ups seize on wellness boom in body- and mind-conscious UK
FuelHub, a premium meal delivery start-up, has rapidly expanded its weekly supply to 27,000 meals and plans to triple output by 2027 amid growing UK…
Neobanks exploit SME lending gap to win race to profit
Digital challenger banks in the UK have captured around 60 percent of SME lending in 2024 as traditional banks reduce their exposure to smaller business…