Industry
FCA secures court undertakings forcing HTX (formerly Huobi) out of U.K.
The FCA won High Court undertakings barring HTX (formerly Huobi) from promoting services to U.K. customers; new sign-ups and deposits are blocked.
Finance
Markets, economy, and industry.
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Industry
Samsung Posts Record KRW 107.4 Trillion Quarterly Operating Profit on AI Chip Surge
Samsung's semiconductor arm drove a record KRW 107.4 trillion quarterly operating profit as AI-related memory and foundry demand surged.
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Industry
EQT to Buy Range Resources in All-Stock Deal, Creating Major Appalachian Gas Producer
EQT will acquire Range Resources in an all-stock merger announced Oct. 26, creating one of the U.S.'s largest Appalachian gas producers.
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Industry
Japan’s FSA highlights Basel Committee guidance on AML data collection and AI transaction monitoring
Japan’s FSA flags Basel Committee newsletter urging structured AML risk data across jurisdictions and closer oversight of AI in transaction monitoring.
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Industry
U.S. Steel Board Approves Nearly $3 Billion Hot‑Strip Mill at Braddock's Edgar Thomson Plant
U.S. Steel’s board approved full funding for a nearly $3 billion hot‑strip mill at Edgar Thomson in Braddock, Pa., with initial production targeted in late 2029.
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Industry
Boeing narrows Q3 loss, posts positive cash flow and record $745B backlog as 737 certifications arrive
Boeing narrowed its Q3 loss to $116M on $24.2B revenue, posted positive operating cash flow and a record $745B backlog as 737 certifications and a Navy fighter award signaled progress.
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Industry
FCA: UK defence SMEs hit by slow bank onboarding, not blanket account closures
FCA review finds small defence suppliers face long onboarding, repeated information requests and slow decisions — not widespread account closures.
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Industry
Pentagon, Lockheed Agree on 10-Year F-35 Production and Sustainment Framework
Pentagon and Lockheed Martin outline a 10-year F-35 production and sustainment plan committing to at least 850 U.S. jets; purchases still need congressional approval.
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Industry
Google expands PJM virtual power plant with Voltus to 1 GW, up from 100 MW
Google expands its virtual power plant with Voltus to 1 GW across the PJM grid, up from a 100 MW deal, using distributed resources to add capacity.
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Industry
OCC Finds Policies at Nine Biggest Banks Could Lead to Debanking, Proposes Supervisory Changes
OCC review says nine top national banks had policies from 2020–Sept. 30, 2025 that could prompt denials for political, religious or lawful business reasons.
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Industry
FCA signals near-term update to simplified pension and investment advice rules
The FCA says updated simplified-advice rules will be published soon to make pensions and investment help cheaper and more accessible.
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Industry
Lockheed Martin to invest $300 million to expand missile production at Grand Prairie plant
Lockheed Martin will invest $300 million to expand missile production at Grand Prairie, Texas, adding a Hadrian automated machining cell under a seven‑year deal.
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Industry
FAA Certifies Boeing 737 MAX 10, Clearing Way for Deliveries After Years of Delay
FAA certified Boeing’s 737 MAX 10, clearing the way for deliveries after delays and requiring post‑crisis safety upgrades under tougher oversight.
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Industry
Amazon to fund early development of proposed 960-megawatt small modular reactor project in Indiana
Amazon will help fund early development of a proposed 960‑megawatt X-energy SMR project at a former coal plant in Sullivan County, Indiana.
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Industry
FCA shifts from study to real-time supervision of AI in finance, urging clearer disclaimers
UK regulator moves from review to hands-on supervision of AI in finance, folding most Mills Review recommendations into testing and pressing platforms to clarify limits of AI advice.
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Industry
FSB finalizes 12-point AI governance guidance for financial firms
The Financial Stability Board published 12 sound practices to guide banks' AI governance and lifecycle risk management, offering a global benchmark for supervisors.
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Industry
FERC proposes blanket authorization program for some LNG facilities
FERC proposes a three-tier blanket authorization to streamline approvals for certain LNG upgrades, expansions and new facilities while retaining safety and NEPA reviews.
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Industry
FERC proposes ending routine air-dispersion modeling in natural-gas NEPA reviews
FERC’s draft policy would stop requesting air-dispersion modeling for Natural Gas Act projects and lean on EPA/state Clean Air Act permits to speed NEPA reviews.
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Industry
Ultragenyx Agrees to Sell FDA Rare Pediatric-Disease Priority Review Voucher for $203 Million
Ultragenyx said it agreed to sell a rare pediatric disease priority review voucher tied to gene therapy FAYUVI for $203M, its second PRV sale this month.
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Industry
Treasury Hits Bank of America With $1.21 Billion Enforcement Package Over AML, Sanctions Failures
Treasury fines Bank of America ~$1.21B for anti‑money‑laundering and sanctions lapses; penalties, remediation and lookbacks required through 2028.