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Business

Companies, markets and economic developments behind search spikes.

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Latest in Business

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Why a Hotter-Than-Expected US PPI Report Triggered Global Market Shakes

Global markets jolted on October 15, 2026, after the US Labor Department reported that September wholesale inflation jumped significantly higher than anticipated. The hotter-than-expected producer price index compounds worries from the previous day's consumer data, fueling persistent debate over future Federal Reserve interest rate actions.

Index 0 GB WITT Editorial Desk
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Saudi Aramco's Direct Lithium Extraction Pivot Changes the Strategic Supply Map

Saudi Aramco is investing in a battery-grade lithium project because it has partnered with US oilfield services firm NESR to build a demonstration plant in the Saudi desert using oilfield brine. Direct lithium extraction (DLE) works by selectively separating lithium elements directly from co-produced brine rather than relying on traditional mining or expansive solar evaporation ponds.

Index 0 CA WITT Editorial Desk
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Why Royal Mail Staff Departures Have Triggered an Emergency Union Clash Over DM26

Royal Mail is trending because the Communication Workers Union has warned that the company is on the brink of collapse due to rising staff departures following the deployment of a new delivery model. In response, the union has demanded an emergency government summit and halted further rollout of the system.

Index 0 GB WITT Editorial Desk
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Why Domino’s Pizza Enterprises Is Facing a High-Stakes Leadership Overhaul in Australia

Public interest in Domino's surged following an October 12 announcement that CEO Andrew Gregory took direct control of the Australia and New Zealand business after Merrill Pereyra's departure. This executive restructuring coincided with October 14 reports that the American parent brand could strip Domino's Pizza Enterprises of its international operating rights if regional sales do not rebound.

Index 0 AU WITT Editorial Desk
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Jet2 Abruptly Cancels All La Palma Flights and Scraps Stansted Launch

Jet2 canceled its La Palma routes due to a combination of programme reviews, customer demand adjustments, and unavoidable operational reasons. Affected passengers are being contacted directly and offered a choice between rebooking an alternative holiday or receiving a full refund.

Index 0 GB WITT Editorial Desk
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Why Michael Woodford and Robert E. Hall Secured the 2026 Economics Nobel

Michael Woodford and Robert E. Hall won the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for their work on the microeconomic foundations of macroeconomic stabilization. Their theoretical contributions provided central banks with the modern toolkits required for forward guidance and crisis management.

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Why the S&P/ASX 200 Climbed 0.8 Per Cent on Monday

The S&P/ASX 200 gained 66.6 points to close at 8,783.2 on Monday, October 12, 2026, driven by strong rallies in major banks and mining stocks. Investor enthusiasm ahead of Wall Street's corporate earnings season outweighed lingering anxieties over multi-year high bond yields.

Index 0 AU WITT Editorial Desk
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Sydney Currency Trader Wins Unfair Dismissal Case After Secretly Working From Singapore and Bali — Gets Zero Compensation

Charles Graham won his unfair dismissal case because the Fair Work Commission found flaws in how HIFX Australia (trading as Xe) handled his termination following an IT-led IP tracking investigation. However, he received no compensation because his actions—including working secretly from Bali and Singapore after a denied relocation request—constituted serious misconduct.

Index 0 AU WITT Editorial Desk
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Former Whitbread Bosses Stage a Strategic Comeback for Beefeater and Brewers Fayre

Public interest surged following the announcement that the Common Table Group agreed to acquire 57 former Whitbread restaurant sites and one Premier Inn hotel. The deal injects new capital into spaces left vacant by corporate restructuring, promising 700 new hospitality jobs and phased reopenings beginning in mid-November 2026.

Index 0 GB WITT Editorial Desk