16 October – 20 October

16 October

Uber’s fast-growing food delivery service accounted for nearly a tenth of the company’s global gross bookings in the second quarter, according to people who have seen the figures, a level that implies the unit is on track to exceed $3bn in gross sales this year.

Digital Asset Holdings has become one of the best-funded developers of blockchain software for the financial sector after raising $40m from investors led by the family office of Tony James, president and chief operating officer of private equity group Blackstone.

The eurozone’s trade surplus in goods with the rest of the world fell €1.4bn year-on-year in August as demand in the bloc for imports outstripped increases in export sales.

The rapid rise in self-employment since the 2008 financial crisis is not only changing the world of work but is now transforming the UK’s economic statistics, too.

17 October

Singapore’s non-oil exports took a surprise fall in September, snapping four consecutive months of growth.

Sydney’s equities benchmark rose to a more than five-month high on Tuesday as the country’s major mining groups rallied.

A federal judge struck down patents protecting one of Allergan’s top-selling drugs, sending shares in the company down nearly 5 per cent.

Three Chinese electronics firms are the worst performers in Greenpeace’s latest ranking of the environmental standings of the world’s biggest consumer electronics manufacturers.

18 October

The Chinese county-seat of Zouping, with a population of 700,000, is a backwater by Chinese standards, its bustling high street almost bereft of overseas brands. But it is firmly on the radar of fast-food chain Kentucky Fried Chicken.

Shares in Benetic Biopharma lifted as much as 26.7 per cent in Sydney on Wednesday after the company announced it had received a US patent related to its treatment for hepatitis B.

Inventories of US oil fell for the fourth consecutive week, while stockpiles of gasoline rose more the forecast prompting oil prices to trim their gains.

China will report third-quarter gross domestic product figures on Thursday, just as the Communist party convenes a meeting in which it will select a new slate of top leaders.

19 October

Adobe shares rallied in extended trade on Wednesday after the company delivered 2018 earnings and revenue growth outlook that topped Wall Street forecasts.

Meal kit delivery service Blue Apron on Wednesday said it would cut about 6 per cent of its global workforce as a result of a company wide realignment.

European equities moved lower on Thursday amid broadly quiet trading across asset classes on the 30-year anniversary of Black Monday.

Rising prices and squeezed household budgets prompted a bigger drop in UK retail sales than expected in September, according to data published by the Office for National Statistics on Thursday.

20 October

Is there anything that a city won’t do to attract Amazon’s second headquarters? As a six-week search period drew to a close, dozens of cities across the US and Canada have raised their hands and each bid seems grander than the last.

Shares in Nissan Motor dropped as much as 2.3 per cent on Friday after the Japanese automaker said it would suspend domestic production in the face of a worsening inspection scandal.

With expectations of rising interest rates in the US, gold is once again under pressure. The yellow metal was trading at about $1,285 on Thursday, almost 5 per cent below its peak in September when it hit its highest level in more than a year.

The UK budget deficit narrowed in September to its lowest level for that month in a decade, reinforcing a recent trend that may provide Chancellor Philip Hammond more fiscal breathing room when he reveals the Autumn statement next month.