New baby bank 'open to everybody'

The artificial intelligence boom has pushed up the stock market, even as interest rates have pulled it down, our columnist says.

David Ellison, the tech scion who will run the combined company, borrowed the name of his original entertainment company that reflects his love of aviation. On Friday, the C.E.O.s of Warner Bros. were told they would not stay on once the companies merged.

The Group of 7, which includes Britain, France and Japan, announced the release of 100 million barrels over four months, effective immediately.

China has started limiting exports of refined products again as its own inventories of crude oil and refined products have dwindled.

Sales of big pickup trucks and sport utility vehicles have dipped as more Americans buy hybrids and smaller cars.

The economy added fewer jobs in September and unemployment ticked up, while inflation has maintained pressure on markets and raised costs.

Diesel has now hit an average of £2 a litre in the UK, the RAC motoring group says, with petrol prices also rising.

African leaders, government officials, investors and financial institutions are gathering in Egypt’s New Alamein City for the inaugural Alamein Africa Forum, taking place from October 2 to 4.

The odds of an interest rate change at the Federal Reserve’s meeting in late October have dropped following a softer jobs report and strong signaling from bank officials.

The rise in global oil prices has been pushing up the pump prices of petrol and diesel in the UK.

As billionaires become a popular political target, a new book urges Washington not to lose sight of a much larger, and quieter, group of wealthy business owners.

Russians are creating and spreading music glorifying the invasion of Ukraine, using platforms built in the United States.