GSK shares dive as weaker vaccine sales unnerve investors

28 October 2026 at 15:34

British pharma company one of biggest fallers on FTSE 100 despite better than expected financial results

Business live – latest updates

Shares in GSK slid on Wednesday despite the UK drugmaker reporting better than expected financial results, as investors were unnerved by weaker sales of its respiratory syncytial virus (RSV) and shingles vaccines, and recently launched medications.

Britain’s second-biggest pharmaceutical company reported a 19% decline in pre-tax profit to £1.9bn in the July to September quarter and £318m of restructuring charges, with more to come. Core operating profit and core earnings per share rose 5% and 1% respectively, however, beating analysts’ expectations.

Brazil Stock Market Plunges After Shock Left-Wing Election Victory

The Daily Sceptic

By: Will Jones

27 October 2026 at 11:00

Brazilian markets have plunged after a shock victory by Left-wing candidate Luiz Inácio Lula da Silva raised fears of fresh economic turmoil for South America’s largest economy.

The post Brazil Stock Market Plunges After Shock Left-Wing Election Victory appeared first on The Daily Sceptic.

Chinese markets lose trillions as race for AI supremacy with US takes its toll

The Guardian - World news

By: Amy Hawkins in Beijing

27 October 2026 at 04:42

Lack of profits and the threat posed by western countries are raising concern about the sustainability of Beijing’s AI boom

Trillions of dollars have been wiped from China’s stock markets in recent months amid increasing anxiety about the future of artificial intelligence, as Beijing races against the United States for dominance in the sector.

The STAR 50 Index, which tracks technology and innovation companies on the Shanghai stock exchange, has plunged 40% since June. Other indexes of major companies dropped by about 20% over the same time period.

AI stocks weigh on markets Thursday as oil rises to highest price since May

Globalnews - World

By: Globalnews Digital

22 October 2026 at 18:39

Drops for stocks in the artificial-intelligence industry are dragging markets down worldwide on Thursday, while oil prices hit their highest levels since May amid the Iran war.

AI stocks weigh on markets Thursday as oil rises to highest price since May

Globalnews

By: Globalnews Digital

22 October 2026 at 18:39

Drops for stocks in the artificial-intelligence industry are dragging markets down worldwide on Thursday, while oil prices hit their highest levels since May amid the Iran war.

France hit by debt sell-off as violent protests unnerve investors

The Guardian - Europe

By: Lauren Almeida

19 October 2026 at 16:23

Difference between French and German borrowing costs widens after public buildings burned and shops looted

France has been hit by a fresh wave of selling in its bond and stock markets after violent protests over the weekend led to thousands of arrests and left public buildings burned and hundreds of shops looted across the country.

The chaos has spooked investors as analysts worried that it would undermine Paris’s efforts to cut spending and reduce its debt.

Why China is missing the big AI rally

Asia Times

By: William Pesek

2 October 2026 at 10:04

TOKYO – China gave global investors one of 2026’s biggest AI thrills. Yet the country that helped ignite excitement about artificial intelligence is home to one of the worst-performing major stock markets. While AI fever has propelled Seoul, Taipei and Tokyo higher, Chinese shares are stuck in reverse.

So what gives? Several forces, actually. Weak household demand, for one. Consumer spending continues to disappoint, weighing on the earnings potential of mainland internet companies, automakers, and retailers.

To continue reading, please log in to your AT+ Premium account. Not yet a member? Please signup for AT+ Premium monthly membership, AT+ Premium yearly membership or AT+ Premium Access membership.

The post Why China is missing the big AI rally appeared first on Asia Times.

Reading view