02 October – 06 October

02 October

Jordan is in the market with a 30-year bond, becoming the latest Middle Eastern issuer to tap strong investor demand for a region which has borrowed record amounts on international markets this year.

The unemployment rate in the eurozone has stuck at 9.1 per cent for August, slightly disappointing the Reuters consensus forecast for a further small decline but still at the lowest point since February 2009.

AIG is poised to save as much as $150m in annual compliance costs after US officials released it from “too big to fail” supervision, a decision that could also help the insurance company expand again after years of post-crisis shrinkage.

Google has unveiled measures to help publishers sell more digital subscriptions, after concluding that advertising is not enough to sustain large news operations.

03 October

Hong Kong’s Hang Seng China Enterprises index was heading for its best day in 18 months on Tuesday following positive China data and a cut to Chinese banks’ reserve requirement ratio over the weekend.

High interest rates are to blame for Turkey’s persistently high inflation, president Recep Tayyip Erdogan said after the latest data showed a new acceleration in price rises.

Tesla’s efforts to ramp up production of its all-important Model 3 are off to a slow start.

Japan’s third-biggest advertising agency Asatsu-DK jumped to a 17-year high on Tuesday after Bain Capital launched a $1.3bn tender offer for the company.

04 October

A measure of the creditworthiness of highly rated US companies sunk to a post-financial crisis low on Tuesday, suggesting broad confidence in the ability of corporate America to repay its debts.

Iceland’s central bank has cut its benchmark interest rate by a quarter of a point to 4.25 per cent, noting tamer inflation, weaker growth and cooling tourism.

Uber’s board has voted to approve a sweeping governance overhaul that will tip the balance away from founding investors including former chief executive Travis Kalanick, opening the way for an investment from SoftBank that could be worth more than $10bn.

About 3bn accounts were affected in the Yahoo data breach in 2013, three times bigger than the company had previously estimated, making it one of the largest thefts of personal information ever seen in a cyber attack.

05 October

UK car registrations, a key gauge of vehicle demand, skidded in September after political and economic uncertainty dented consumer and business confidence.

The Australian dollar dipped on Thursday after official data showed worse-than-expected conditions in retail trading.

This was probably not the reaction Office Depot was looking for. Shares in the struggling office supplies retailer plunged as much as 18 per cent on Wednesday after the company unveiled a $1.1bn deal to buy IT services provider CompuCom and lowered its full-year guidance.

Chelsea Football Club plans to ramp up sponsorship deals in an effort to double revenues to more than £650m, as it looks to keep pace with higher-earning rivals in signing the world’s best footballers.

06 October

Brazil’s monthly inflation rate continued to decelerate in September, although less than economists had expected.

Europe’s stocks are holding steady after Wall Street’s record breaking run entered its sixth consecutive session, although momentum is fading into jobs data due out later in the session.

Whirlpool shares bumped slightly higher on Thursday after the US-based appliance maker declared victory in a petition it filed with a US trade panel over large washing machines imported by rivals Samsung and LG.

The top US consumer finance watchdog has released long-awaited plans to crackdown on “payday” lenders, setting up a clash with Congress and the Trump administration.