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.
Finance
Markets, economy, and industry.
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Financial Markets
More than 30 central banks express interest as ECB begins EUREP onboarding
The ECB has started onboarding non-euro central banks to its enhanced EUREP repo backstop; more than 30 have shown interest as access is set for Q4 2026.
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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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Financial Markets
FINMA approves Switzerland’s first retail fund to invest directly in Bitcoin
FINMA approved Switzerland’s first retail fund to invest directly in Bitcoin, allowing regulated retail exposure while stressing high market and custody risks.
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Financial Markets
Judge Orders Eddy Alexandre and EminiFX to Pay $288 Million, Permanently Banned From Commodity Markets
A federal court ordered Eddy Alexandre and EminiFX to pay $288M and barred them from commodity trading after finding their investment operation was a Ponzi scheme.
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Economy
Canada inflation rises to 3.1% in September; core measures ease ahead of Bank of Canada decision
CPI rose 3.1% in September as gasoline and energy surged, while the Bank of Canada’s preferred core inflation gauges cooled before its Oct. 28 policy decision.
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Economy
U.S. Consumer Prices Accelerated in September as Gasoline and Shelter Push Inflation Up
September CPI rose 0.6% as gasoline surged and shelter costs climbed; core CPI climbed to 2.6%, complicating the Fed’s path back to 2%.
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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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Financial Markets
Nasdaq Notifies Canopy Growth of $1 Minimum Bid Deficiency; Compliance Clock Runs to April 12, 2027
Nasdaq notified Canopy its shares have closed under $1 for 30 straight business days. Canopy has until April 12, 2027 to regain compliance or act.
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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.
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Economy
Fed Survey: Median Family Income and Net Worth Up in 2025, Debt Payments and Delinquencies Rise
The Fed’s 2025 survey shows modest gains in median income and net worth, while household debt payments and delinquencies rose sharply.
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Financial Markets
Trackers Flag $1B Bitcoin Transfer Linked to Addresses Associated With 2016 Bitfinex Hack
Blockchain trackers spotted a transfer of 12,267 BTC (~$1.01B) between unattributed wallets labeled linked to the 2016 Bitfinex hack; no public evidence the coins were sold.
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Financial Markets
ESMA tells EU regulators to stop services tied to non‑MiCA stablecoins, sets Jan. 8, 2027 remediation deadline
ESMA told EU regulators to push MiCA‑authorized crypto firms to stop servicing non‑MiCA stablecoins and remediate legacy exposures by Jan. 8, 2027.
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Industry
General Dynamics elects Danny Deep as CEO effective Jan. 1, 2027; Novakovic to become executive chairman
General Dynamics' board elected President Danny Deep to become CEO on Jan. 1, 2027; longtime chief Phebe Novakovic will move to executive chairman.