Saudi Arabia pumped 10.563 million barrels a day in October, OPEC said, as the U.S. average gas price fell to $3.94, its first time under $4 in months.
Congo’s Ebola outbreak has passed 11,000 cases and 5,387 deaths, its health ministry said Nov. 11, as Kenya began a 42-day countdown to Ebola-free status.
Spain held its first general strike in 14 years on Nov. 11 over housing costs. Masked groups clashed with police in Barcelona as 120,000 marched in Madrid.
Cost of living by country for mid-2026: the most expensive and cheapest nations, the biggest changes over the year and official inflation, with charts.
Russia hit six major power substations overnight, Kyiv said, a second night of strikes that left outages in eight regions and darkened city streetlights.
Russia and Ukraine agreed to a large prisoner exchange as Abu Dhabi talks ended Wednesday with no breakthrough. Envoys go to Moscow and Dublin Thursday.
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Stock market decline: the Nasdaq fell 4.95% by midday Nov. 5, 11.4% below its October high, as the chip index sank 10.5% and the Dow lost 1,528 points.
Boston biotech Nova Anchora raised $23 million led by Viking Global to advance NvA-021, a topical collagen VII gel for dystrophic epidermolysis bullosa.
Boston's Lazarus AI raised $43 million to expand enterprise AI that runs on customer hardware without per-token charges, backed by QBE, State Farm Ventures and others.
Blackstone Life Sciences will put up to $455 million behind Boston Scientific's Vitalyst heart pump for cardiogenic shock, aiming toward a 2030 launch.
The Bank of England lifted Bank Rate a quarter point to 4% on Nov. 5, its first increase since August 2023, and said another hike is likely if the Iran conflict keeps energy prices high.
Boston defense startup Corridian raised a $38M seed round led by Point72 Ventures to build ultra-large autonomous underwater vehicles, with a 2027 flagship due.
Bank of Japan minutes show members discussed faster rate hikes if prices overshoot, after a 7-2 September vote lifted the rate to 1.25%, a 31-year high.
An 18-acre downtown historic district approved by the state is headed to National Park Service review as Boston counts 28 office-to-residential conversion applications.
Geopolitics and business report, Nov. 4, 2026: defense stocks slide, Iran warns Washington, euro inflation hits 4% and China tightens its grip on rare earths.
Business report November 4, 2026: the Dow jumps 1,569 points after Democrats sweep Congress, oil sinks 8%, CVS plans a breakup and Boston's Wayfair surges.
Oracle Tencent chip lease worth about $7 billion is canceled after U.S. officials raised concerns, the FT reports, cutting off access to 100,000 AI chips.
Waymo Uber split: Waymo will run robotaxi rides in Austin and Atlanta on its own app from January 2028, as weekly paid rides top 500,000 and growth speeds up.
Charles River Laboratories earned $6.86 a share in Q3 2026, boosted by a $245.6 million tax reversal; organic revenue grew 4.7% and it raised its 2026 outlook.
Block earnings: Q3 adjusted EPS of $1.13 and $3.24 billion gross profit beat forecasts; Block raised its 2026 outlook and set a $14.52 billion 2027 goal.
ARRAY Shoals merger: the solar suppliers will combine in an all-stock deal valuing Shoals near $1.32 billion, with Shoals holders owning 65%. Terms and data.
ADP jobs report: private employers added 86,000 jobs in October, topping forecasts, while ISM services new orders fell to 55.9. Sector data and charts.
Novo Nordisk earnings: Q3 sales of 79.2 billion kroner beat forecasts as the Wegovy pill took in 5.4 billion, and Novo raised its 2026 outlook. Data inside.
Supermicro earnings: fiscal Q1 sales hit $19.9 billion, up 298%, and the 2027 outlook rose to $72-82 billion, but gross margin fell to 12.7%. Data inside.
CVS Health split: CVS will spin off its 9,000 drugstores as CVS Pharmacy by 2028 as Q3 revenue hits $108.4 billion and it raises 2026 guidance. Data inside.
Vertex's Q3 revenue rose 12% to $3.44 billion as Alyftrek sales nearly tripled, and it raised its 2026 forecast. Crinetics deal costs cut GAAP profit 40%.
AMD reported record third-quarter revenue of $13.4 billion, with data center sales up 97%, and forecast about $17 billion for the fourth quarter. Shares rose about 7% before the open.
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