Bull Run Posthttps://bullrunpost.com/en/The economy that affects youenMercedes-Benz sells its European fast-charging parks to Electrahttps://bullrunpost.com/en/2026/11/03/mercedes-sells-fast-charging-network-to-electra/https://bullrunpost.com/en/2026/11/03/mercedes-sells-fast-charging-network-to-electra/Tue, 03 Nov 2026 12:30:00 GMTThe French operator takes over 47 sites and 374 charge points, and MB.CHARGE Public customers get preferential rates across its network. No price has been disclosed.CompaniesSchaeffler to cut about 3,500 jobs in Europe, 2,660 in Germanyhttps://bullrunpost.com/en/2026/11/03/schaeffler-cuts-3500-jobs-europe/https://bullrunpost.com/en/2026/11/03/schaeffler-cuts-3500-jobs-europe/Tue, 03 Nov 2026 09:56:00 GMTThe car-parts maker confirmed on 3 November a plan to save about 300 million euros a year, as weaker orders from carmakers hit suppliers.CompaniesBayer lifts its 2026 EBITDA outlook, led by pharma and Nubeqahttps://bullrunpost.com/en/2026/11/03/bayer-raises-ebitda-guidance-nubeqa/https://bullrunpost.com/en/2026/11/03/bayer-raises-ebitda-guidance-nubeqa/Tue, 03 Nov 2026 08:50:00 GMTThe German group now expects 9.8 to 10.3 billion euros at constant currency, but it still reported a third-quarter net loss of 672 million.CompaniesLufthansa posts record quarterly sales but trims its profit outlookhttps://bullrunpost.com/en/2026/11/03/lufthansa-third-quarter-results-fuel/https://bullrunpost.com/en/2026/11/03/lufthansa-third-quarter-results-fuel/Tue, 03 Nov 2026 08:50:00 GMTRevenue hit 12.2 billion euros in the third quarter, yet a fuel bill about 543 million higher has narrowed the 2026 earnings range.CompaniesCalifornia votes on a one-time 5% tax on billionaires: Prop 40https://bullrunpost.com/en/2026/11/03/california-billionaire-tax-what-is-on-the-ballot/https://bullrunpost.com/en/2026/11/03/california-billionaire-tax-what-is-on-the-ballot/Tue, 03 Nov 2026 06:00:00 GMTVoters decide on 3 November on a levy on net worth above $1bn. Two rival measures, Props 41 and 42, could stop it even if it wins.EconomyPalantir's revenue nearly doubles to $2.3bn and tops US governmenthttps://bullrunpost.com/en/2026/11/03/palantir-third-quarter-2026-results/https://bullrunpost.com/en/2026/11/03/palantir-third-quarter-2026-results/Tue, 03 Nov 2026 06:00:00 GMTFor the first time, US commercial sales ($984m) exceeded US government sales ($953m). Palantir also raised its full-year revenue guidance to about $8.53bn.CompaniesApple posts $114.5bn quarter: where the 12% rise came fromhttps://bullrunpost.com/en/2026/11/02/apple-fiscal-fourth-quarter-2026-results/https://bullrunpost.com/en/2026/11/02/apple-fiscal-fourth-quarter-2026-results/Mon, 02 Nov 2026 22:30:00 GMTThe iPhone and Mac drove the quarter, while iPad and accessories fell. Tariff refunds added almost a point of margin and 5 cents a share.CompaniesBinance theft: what has been frozen and what has nothttps://bullrunpost.com/en/2026/11/02/binance-theft-what-is-frozen-what-is-not/https://bullrunpost.com/en/2026/11/02/binance-theft-what-is-frozen-what-is-not/Mon, 02 Nov 2026 20:45:00 GMTElliptic puts the frozen or seized share at $2.85 billion, 44% of the total. It says stablecoins can be blocked and bitcoin and ether cannot, which matters to anyone who keeps money on an exchange.CryptoOil slides on Monday as talk of a US-Iran way out returnshttps://bullrunpost.com/en/2026/11/02/oil-falls-hopes-iran-hormuz-deal/https://bullrunpost.com/en/2026/11/02/oil-falls-hopes-iran-hormuz-deal/Mon, 02 Nov 2026 20:40:00 GMTWTI touched $95.15 a barrel, its lowest since 15 October, according to crypto news site Cointelegraph. The sources we read tie the fall to diplomacy with Iran, and no official confirmation of any deal has been reported.MarketsCoinbase and Strategy profit from crypto gains; shares fall afterwardshttps://bullrunpost.com/en/2026/11/02/coinbase-strategy-earnings-crypto-stocks/https://bullrunpost.com/en/2026/11/02/coinbase-strategy-earnings-crypto-stocks/Mon, 02 Nov 2026 13:50:00 GMTTwo Nasdaq-listed crypto stocks reported profits tied to the value of their crypto holdings on 29 October, with lower revenue. A day later they fell, with the Binance theft in the background.CryptoBank of Korea and the FATF look at how much crypto risk is in the systemhttps://bullrunpost.com/en/2026/11/02/korea-fatf-crypto-risk-financial-system/https://bullrunpost.com/en/2026/11/02/korea-fatf-crypto-risk-financial-system/Mon, 02 Nov 2026 13:50:00 GMTSouth Korea's central bank is asking 31 institutions about their entry into the crypto market and its risks, and the global anti-money-laundering body will review jurisdictions with significant activity, South Korea among them.CryptoTether reports $132 billion in US debt and $1.5 billion in profithttps://bullrunpost.com/en/2026/11/02/tether-reserves-us-treasury-bills/https://bullrunpost.com/en/2026/11/02/tether-reserves-us-treasury-bills/Mon, 02 Nov 2026 13:50:00 GMTWhat the world's largest stablecoin says backs it, why it matters for US government debt, and what it means that this is an attestation and not a full audit.CryptoOman and the UK: what is firm behind the £1 billion headlinehttps://bullrunpost.com/en/2026/11/02/oman-uk-investment-salalah-what-is-firm/https://bullrunpost.com/en/2026/11/02/oman-uk-investment-salalah-what-is-firm/Mon, 02 Nov 2026 13:45:30 GMTThe announcement combines a memorandum for a data centre with no timetable, a £7 billion export credit ceiling that is not loans, and a Gulf trade treaty still unsigned.EconomyChina's economy grows 4.5% in Q3 as consumer spending stays weakhttps://bullrunpost.com/en/2026/11/02/china-economy-grows-third-quarter-weak-demand/https://bullrunpost.com/en/2026/11/02/china-economy-grows-third-quarter-weak-demand/Mon, 02 Nov 2026 12:52:01 GMTGDP edges past forecasts, but retail sales rose just 1.1% in September and fixed-asset investment is down 7.2% over nine months.EconomyEuro area deficit holds at 3.0% in 2025: who is within the limithttps://bullrunpost.com/en/2026/11/02/euro-area-deficit-debt-2025-eurostat-spain/https://bullrunpost.com/en/2026/11/02/euro-area-deficit-debt-2025-eurostat-spain/Mon, 02 Nov 2026 12:52:01 GMTEurostat puts the euro area deficit at 3.0% of GDP and debt at 87.7%. Spain stands at 2.4%; France and ten other states are at 3% or above.EconomyIberdrola earns €5.8bn in nine months and raises its guidancehttps://bullrunpost.com/en/2026/11/02/iberdrola-nine-month-profit-raises-guidance/https://bullrunpost.com/en/2026/11/02/iberdrola-nine-month-profit-raises-guidance/Mon, 02 Nov 2026 12:52:01 GMTThe Spanish utility invests a record €10.09 billion, mostly in power grids, and now expects adjusted net profit to grow at least 10% in 2026.CompaniesSpain's IRPH mortgage index rises to 3.189% in Septemberhttps://bullrunpost.com/en/2026/11/02/irph-mortgage-index-rises-september-2026/https://bullrunpost.com/en/2026/11/02/irph-mortgage-index-rises-september-2026/Mon, 02 Nov 2026 12:52:01 GMTThe official gazette publishes the index some Spanish variable-rate mortgages follow. It is up from 3.134% in August, and 12-month Euribor rose from 2.954% to 3.247%.Your moneyTesla's profit falls 43% in the third quarter as sales stay flathttps://bullrunpost.com/en/2026/11/02/tesla-profit-down-43-percent-third-quarter-2026/https://bullrunpost.com/en/2026/11/02/tesla-profit-down-43-percent-third-quarter-2026/Mon, 02 Nov 2026 12:52:01 GMTThe company reports $28.046 billion in revenue, almost level with a year ago, and its operating margin drops to 2.6%. Free cash flow falls to $1.531 billion.CompaniesAlstom cuts its margin target from 6.5% to 1% over German trainshttps://bullrunpost.com/en/2026/11/02/alstom-cuts-forecast-german-trains/https://bullrunpost.com/en/2026/11/02/alstom-cuts-forecast-german-trains/Mon, 02 Nov 2026 11:39:07 GMTThe French rail group also expects about 1.5 billion euros of negative free cash flow. Its shares were down about 28% shortly after 11:00 on 2 November, according to AFP.CompaniesBinance hit by record crypto theft, says it will cover the losseshttps://bullrunpost.com/en/2026/11/02/binance-6-3-billion-crypto-theft/https://bullrunpost.com/en/2026/11/02/binance-6-3-billion-crypto-theft/Mon, 02 Nov 2026 11:39:07 GMTThe exchange puts the theft at about 6.3 billion dollars, paused deposits and withdrawals, and has reopened withdrawals in phases since 1 November. What protects a customer when a platform is robbed.CryptoECB holds rates at 2.50% and Lagarde says she will step downhttps://bullrunpost.com/en/2026/11/02/ecb-holds-rates-lagarde-exit-december/https://bullrunpost.com/en/2026/11/02/ecb-holds-rates-lagarde-exit-december/Mon, 02 Nov 2026 11:39:07 GMTPolicymakers debated a hike with inflation at 3.8% but chose to wait. New projections come in December, and the search for a successor has begun.MarketsGermany's economy grows 0.2% in Q3 as exports lose momentumhttps://bullrunpost.com/en/2026/11/02/germany-gdp-grows-exports-slow/https://bullrunpost.com/en/2026/11/02/germany-gdp-grows-exports-slow/Mon, 02 Nov 2026 11:39:07 GMTEurope's largest economy avoids the contraction some feared, but investment fell and export growth cooled after a strong first half.EconomyItaly's 2027 budget cuts income tax for middle earners, helps over-75shttps://bullrunpost.com/en/2026/11/02/italy-2027-budget-tax-pensioners/https://bullrunpost.com/en/2026/11/02/italy-2027-budget-tax-pensioners/Mon, 02 Nov 2026 11:39:07 GMTGiorgia Meloni's government puts the saving at up to about 500 euros a year, makes a car-tax exemption permanent and offers a 300-euro voucher to over-75s. Parliament still has to vote.Your moneyRyanair profit falls 15% and a 2 billion euro fuel bill loomshttps://bullrunpost.com/en/2026/11/02/ryanair-profit-falls-fares-set-rise/https://bullrunpost.com/en/2026/11/02/ryanair-profit-falls-fares-set-rise/Mon, 02 Nov 2026 11:39:07 GMTThe average fare dropped 4% in the half-year, but the airline expects higher prices next year and is reviewing costs, including temporary pay freezes.CompaniesSpain's economy grows 0.6% in Q3 as investment and spending coolhttps://bullrunpost.com/en/2026/11/02/spain-gdp-third-quarter-2026-consumption/https://bullrunpost.com/en/2026/11/02/spain-gdp-third-quarter-2026-consumption/Mon, 02 Nov 2026 11:39:07 GMTThe statistics office's flash estimate puts annual growth at 2.7%, above the euro-area pace, with construction almost flat and household spending a little weaker.Economy