CVS Plans to Spin Off Its Pharmacy Business in 2028
CVS Health plans to separate its pharmacy business into a new company in 2028 while keeping its insurance and pharmacy-benefits businesses together.
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First published 04 November 2026
CVS Health plans to separate its pharmacy business into a new company in 2028 while keeping its insurance and pharmacy-benefits businesses together.
nytimes.com (English · subscription) ↗+ SaveFirst published 04 November 2026
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions of people in the UK.
bbc.co.uk (English) ↗+ SaveFirst published 04 November 2026
One Poundland supplier could lose millions if the retailer collapses, while other suppliers have warned that they could also fail.
bbc.co.uk (English) ↗+ SaveFirst published 04 November 2026
The owner of the Drax power plant has agreed a deal with Brookfield and AI infrastructure platform Radiant to develop a data centre in North Yorkshire, with eventual capacity of more than 1 gigawatt and operations potentially beginning by early 2028.
theguardian.com (English) ↗+ SaveFirst published 04 November 2026
US technology stocks recovered on Tuesday afternoon after concerns about AI spending triggered a selloff. The midterm elections appeared to have had little immediate impact, although investors expect Democratic gains could lead to tighter regulation of artificial intelligence.
theguardian.com (English) ↗+ SaveFirst published 03 November 2026
Apple said memory chip prices have risen at an unprecedented rate as it competes with data centres for supplies. The company has raised prices to offset part of the impact but warned that higher costs will weigh on profit margins.
theguardian.com (English) ↗+ SaveFirst published 03 November 2026
The regulator said it supports lenders making early compensation offers to drivers affected by commission arrangements in car finance, provided the offers are fair.
bbc.co.uk (English) ↗+ SaveFirst published 03 November 2026
The UK and EU have agreed a draft deal to remove procedural barriers affecting food exports. The agreement comes ahead of a summit later this month and is described as the most significant part of the Brexit reset so far.
bbc.co.uk (English) ↗+ SaveFirst published 02 November 2026
Brent crude, the international benchmark, fell by more than 6.5% to as low as $105.55 a barrel amid new hopes of a breakthrough to end the Iran war. Airline shares rose and government borrowing costs fell.
theguardian.com (English) ↗+ SaveFirst published 02 November 2026
Binance released proof-of-reserves data covering 10 cryptocurrencies. Co-founder Yi He said the company’s priority was to ensure a secure environment before users could withdraw funds and operations could resume.
theguardian.com (English) ↗+ SaveFirst published 02 November 2026
Ryanair says it may freeze workers’ pay and raise airfares as fuel prices could increase by €2bn in 2028 unless the US-Israel war with Iran ends.
bbc.co.uk (English) ↗+ SaveFirst published 02 November 2026
U.S. stocks recovered some of last week’s losses as oil prices fell sharply amid uncertainty over when the Iran war would allow global energy supplies to return to normal. The S&P 500 rose 0.6%, European indexes advanced, and China’s central bank announced a 100 billion yuan market-support program.
apnews.com (English) ↗+ SaveFirst published 01 November 2026
Oil prices fell more than 1% in early Asian trading as Iranian and Qatari officials held another round of talks aimed at ending the war involving Iran. Brent crude futures fell to $111.92 a barrel.
wkzo.com (English) ↗+ SaveFirst published 01 November 2026
China’s official manufacturing purchasing managers’ index fell to 49.3 in October from 50.1 in September, indicating contraction. New export orders and production also declined.
northeast.newschannelnebraska.com (English) ↗+ SaveFirst published 01 November 2026
UK broadband provider Virgin Media O2 has not finalized the number of roles it will eliminate, but the cuts are expected to affect a sizeable part of its workforce, the BBC reports.
bbc.co.uk (English) ↗+ SaveFirst published 01 November 2026
European shares fell as a global technology selloff fueled concerns over the cost of building AI infrastructure. The STOXX 600 declined 0.36%, while the European technology sector index fell 2.75%; French consumer prices also rose more than expected in October.
cssm.etimg.com (English) ↗+ SaveFirst published 01 November 2026
Gold prices fell 1.6% on November 1 to their lowest level since June 30 as investors weighed the prospect of further Federal Reserve interest-rate increases.
brecorder.com (English) ↗+ SaveFirst published 01 November 2026
Cryptocurrency firm Binance has covered 90% of losses from a $6.3bn hack. The FBI says North Korea was responsible for the attack.
bbc.co.uk (English) ↗+ SaveFirst published 01 November 2026
The US-China trade conflict has receded from the headlines, but neither side has taken steps to prevent new hostilities, leaving the possibility of renewed economic confrontation.
theguardian.com (English) ↗+ SaveFirst published 01 November 2026
Global central banks largely kept interest rates unchanged while assessing renewed inflation risks linked to high energy prices. The Federal Reserve and European Central Bank left open the possibility of rate increases at their December meetings.
economictimes.indiatimes.com (English) ↗+ SaveFirst published 31 October 2026
The 2026 governor elections could affect rules for data centers and potentially disrupt projects tied to approximately $2.5 trillion in planned AI infrastructure investment. The outcome could also affect the AI trade, which is helping drive the stock market and the U.S. economy.
axios.com (English) ↗+ SaveFirst published 31 October 2026
Federal Election Commission data shows that Elon Musk has contributed at least $445.77 million to Republican-aligned political action committees and groups since last year, making him the Republicans’ most prominent financial backer and the largest single-cycle political donor in modern US history, according to the report.
theguardian.com (English) ↗+ SaveFirst published 31 October 2026
The S&P 500 fell 1.8% and the Nasdaq composite dropped 2.9% as a technology sell-off intensified. Intel plunged almost 29% after issuing a weaker profit forecast, while Treasury yields declined as investors sought safer assets.
apnews.com (English) ↗+ SaveFirst published 31 October 2026
St. Louis Fed President Alberto Musalem said another interest-rate increase is needed soon to address persistent price pressures. Financial markets are pricing in another increase at the Federal Reserve’s December meeting.
marketscreener.com (English) ↗+ SaveFirst published 31 October 2026
China’s official manufacturing purchasing managers’ index fell to 49.3 in October from 50.1 in September, indicating contraction in factory activity as new export orders weakened.
apnews.com (English) ↗+ SaveFirst published 30 October 2026
Federal Reserve Bank of St. Louis President Alberto Musalem said additional rate increases may be needed to return inflation to the central bank’s target. His comments followed a decision by Fed officials to leave rates unchanged while assessing persistent price pressures.
news.bloomberglaw.com (English) ↗+ SaveFirst published 30 October 2026
A technology-stock sell-off intensified after disappointing earnings from major companies, as investors questioned whether heavy spending on artificial intelligence would produce returns quickly enough. The decline erased nearly $1tn from the Nasdaq’s value in one week and pushed the S&P 500 down more than 1%.
theguardian.com (English) ↗+ SaveFirst published 30 October 2026
U.S. stocks recorded their steepest decline since June as selling in technology shares intensified. The Dow fell 572 points and the Nasdaq dropped 2.9%, while Treasury yields eased as investors sought safer assets. Japan’s Nikkei also fell after the Bank of Japan kept rates unchanged.
apnews.com (English) ↗+ SaveFirst published 30 October 2026
The euro area economy grew 0.2% in the third quarter, exceeding economists’ expectations despite the energy shock linked to the Iran war. Continued oil-price pressures could prompt the European Central Bank to raise interest rates in December.
apnews.com (English) ↗+ SaveFirst published 30 October 2026
The U.S. economy grew at an annualized 3.4% rate in the third quarter, exceeding expectations. The report said inflation cooled over the quarter even as overall economic growth accelerated.
axios.com (English) ↗+ Save