1Businessnews18.com
Ather Energy Shares Rally Nearly 6% After Q2 Profit: Why Is the Stock Rising? Brokerage Targets In Focus
Shares of electric two-wheeler manufacturer Ather Energy rose nearly 6% after the company reported its first-ever quarterly net profit of Rs 1.26 crore in Q2 FY27, compared to a net loss of Rs 154.07 crore the previous year. The company's revenue from operations rose by 63% year-on-year to Rs 1,464.24 crore in the Q2, compared with around Rs 899 crore the year-ago quarter. The return to profitability marks a significant milestone for the electric scooter maker, which has been investing heavily in product development, distribution and manufacturing capacity. However, profitability remains vulnerable to fluctuations in raw material prices, battery costs and other expenses. The firm sold 93,211 electric scooters during the quarter, a year-upon-year volume growth of about 42%.
2Businessft.com
Three Russian diesel tankers steam for US — including one under sanctions
Three tankers laden with Russian diesel, including one blacklisted by European authorities, are set to arrive at US ports next week, raising legal risks for firms involved in bringing the fuel into the country. The shipments, totalling around 140,000 tonnes, are the first licensed by US authorities under President Donald Trump's recent deal with Vladimir Putin to exempt Russian diesel from sanctions in a bid to reduce soaring US fuel prices and retain control of Congress. The vessels include the Hong Kong-owned, Sierra Leone-flagged tanker Leruo, which is sanctioned by the UK, EU and Canada and is expected to arrive on the US “Atlantic coast” on November 11. The Leruo was sanctioned by European officials in 2025 for carrying Russian cargoes and using “high-risk practices” including turning off its location technology and engaging in ship-to-ship cargo transfers, violating a price cap imposed by the G7 on Russian oil cargos. The deal has been met with criticism from Congress, including a bipartisan group of senators who have called on the president to rescind it.
3Businesseuropesays.com
Sharp rise in sales of essential goods after government says to stock up - United Kingdom
Some retailers have reported a significant increase in sales of essential goods following the UK government's call for stockpiling ahead of potential crises. The Iceland supermarket saw a 40% increase in tinned product sales over the weekend. Robert Dyas reported a 160% increase on sales of radios compared to the previous week, while Maplin reported a 92% increase, 284% in torches and 106% in power banks. The rise in sales came after Defence Secretary Wes Streeting advised people to prepare for an emergency such as a cyber attack or extreme weather event.
4Financefxstreet.com
WTI Forecast: Holds below $100.00 as Mideast risks limit downside
West Texas Intermediate (WTI) crude oil price has remained below $100.00 for the second consecutive day, with traders speculating about further developments in the Middle East. Despite optimism over a resolution in the US-Israeli war on Iran, there are concerns about supply disruption due to stalled US-Iran talks and renewed attacks by Iran-backed Houthis on Saudi Arabia. The Lebanese armed group Hezbollah is reportedly preparing for a potential resumption of hostilities with Israel. Technical support is seen at the 23.6% Fibo retracement at $99.42, followed by the 38.2% retracements at $96.97 and the 50% level at $94.98. The value of the US Dollar also influences the price of WTI Crude Oil, as oil is primarily traded in US Dollars. OPEC decisions, such as OPEC quotas, often impact WTI Oil prices.
5Techcitinewsroom.com
SpaceX enters $40 billion deal with Apollo for AI chip financing
SpaceX has entered a $40 billion deal with Apollo Global Management, an affiliate of Apollo Global, to buy AI chips and server hardware and lease them to the rocket-to-AI firm. The deal involves total principal payments of about $40bn and each lease will run a little over five years from the equipment's arrival. The move highlights SpaceX's efforts to capitalize on surging demand for computing power to fund its Moon and Mars ambitions. The leases are expected to start in the first half of 2027 once the chips are delivered. SpaceX CEO Elon Musk announced that the deal was finalizing by the end of the year.
6Sportsapnews.com
Lendeborg has 31 points, 12 rebounds as Warriors earn 1st win of season by beating Nuggets 134-114
The Golden State Warriors beat the Denver Nuggets 134-114, marking their first win of the season. Rookie Yaxel Lendeborg scored 31 points and 12 rebounds, helping the Warriors avoid their first 0-4 start since 2007-08. The Warriors shot 54.1% from the field, including 22 of 44 from 3-point range, and outrebounded Denver by a 50-36 margin. Stephen Curry scored 21 of his 24 points in the second half to help the Warriors pull away from the Nuggets. Nikola Jokic had 19 points, seven rebounds and 11 assists before being subbed out with the Nuggets trailing by 21 points. The game also saw Aaron Gordon leave the court after being given a double-technical in the fourth quarter.
7Worldlasvegassun.com
Environmentalists celebrate Lula's reelection in Brazil: 'The Amazon can breathe a sigh of relief'
Environmentalists, Indigenous groups and climate scientists are celebrating the reelection of President Luiz Inácio Lula da Silva, who defeated Sen. Flávio Bolsonaro in a runoff. The victory is seen as a significant step towards preventing illegal deforestation of the Amazon, the world's largest rainforest. However, supporters have warned that a Congress dominated by the far right and the agribusiness caucus could undermine efforts to protect the forest and combat climate change. Lula's victory reflects shifts in voter support and higher turnout nationwide, with Indigenous communities and advocacy groups mobilizing voters and securing government transportation for remote areas. However he has previously supported controversial policies, including efforts to drill for oil in offshore waters near the Amazon.
8Politicsarabnews.com
Netanyahu’s Political Survival at Stake as Israel’s Elections Begin
Israeli Prime Minister Benjamin Netanyahu is facing a battle in the parliamentary elections, where he is assessed for his leadership following the 2023 attacks by Hamas and wars in Gaza and with Iran. Despite being Israel's longest-serving leader with 19 years in power, Netanyahu remains a formidable opponent due to entrenched nationalist politics and the divided system in Israel. Polls indicate a tight race between Netanyahu's Likud party and his right-wing allies, and a rival alliance led by Gadi Eizenkot, a former military chief known for his hard-line security stance. Netanyahu is focusing his campaign on his wartime leadership and alliance with US President Donald Trump, who publicly supported the Prime Minister and joined Israel in the war on Iran. If neither can form a ruling coalition, Netanyahu may lead a caretaker government until another election next year.
9Sportsfakti.bg
France Football with recognition: The difference between Kane and Mbappe was minimal
Harry Kane has won the “Ballon d'Or“ for 2026, beating Kylian Mbappe and Lamine Yamal. The winner of the award was announced at the London Palladium, where all 30 best football players for the past season were revealed. The editor-in-chief of “France Football’ and head of the ‘Ballon-d'Or organization, Vincent Garcia, commented on the minimal gap between Kane and Mbappé, compared to the 41-point difference between Rodri and Vinicius in 2024. Garcia also explained that Lamine Yal's third place was due to factors such as the Spanish national team's strong performance and injury.
10Financebeaumontenterprise.com
5 things to watch from the Federal Reserve's next meeting
The Federal Reserve is expected to keep its key interest rate unchanged at its next meeting, but investors and economists will be closely following the statement. The meeting, which will also be the fourth of Chairman Kevin Warsh's tenure, raises questions about his independence from President Donald Trump. This comes just six days before the midterm elections, which have been marked by high mortgage rates and high gas prices. The average 30-year mortgage rate reached a three-year high of 7.4% earlier this month before slipping to 7.32%. Further rate hikes could push mortgage rates even higher. If Warsh reiterates his statements that inflation is too high, and the Fed intends to return it to 2% in a "timelier" fashion, economists and investors will see this as a sign the Fed will likely hike rates at its meeting in December.
