Finance

RBA deputy governor warns Australian inflation is worse than expected as rate hike bets grow
Andrew Hauser, deputy governor of the Reserve Bank of Australia, warned that the inflation outlook is considerably worse than forecast and that price pressures could prove more persistent. The concern centers on underlying inflation, which is likely to exceed the RBA's projections in the third quarter, and on the risk of inflation expectations becoming unanchored. The implied probability of a 25 basis point hike to 4.85% on November 3 rose from around 20-22% to nearly 50%.
FinanceInternationalXTB.comOct 21AI
Moeve extends double fuel discount for Moeve gow users until December 31
Moeve extended until December 31 its 'Estamos Contigo' campaign, which gives individual Moeve gow users a balance of 10 cents per litre refuelled, double the usual benefit, regardless of payment method. With the programme's benefits, savings can reach 40 cents per litre and a 50-litre refuel can generate up to 20 euros in balance. Professional customers get a direct discount of 10 cents per litre through Moeve pro direct.
FinanceInternationalInterempresas MediaOct 21AI
US spot Ether ETFs top $1 billion in October outflows so far
US spot Ether ETFs recorded net outflows of $1.08 billion since the start of October, after adding $26 million on Tuesday, according to SoSoValue. The withdrawals erased September's $832 million in net inflows and leave year-to-date inflows at about $485 million. October is already the largest month of net outflows since November 2025. The outflows coincided with a 9.7% drop in Ether during the month, from $2,700 to $2,438.
FinanceInternationalTradingViewOct 21AI
Carrefour falls more than 10% on the stock market after cutting forecasts over unrest in France
Carrefour cut its 2026 targets due to the deterioration of the social and security situation in France, and its shares fell as much as 11.9% at Wednesday's open, making it the worst performer on the CAC 40. The company estimates the unrest will reduce operating profit by between 80 and 200 million euros. Third-quarter sales rose 3.9% to 22.694 billion euros. Morgan Stanley downgraded the stock to neutral.
FinanceInternationalFinectOct 21AI
Iberdrola to pay an interim dividend of 0.275 euros per share, up 8.7%
Iberdrola has announced an interim dividend of 0.275 euros gross per share charged to 2026 results, 8.7% more than the previous year, according to its notice to the CNMV. The cash payment will be made on February 1, 2027, and after the 19% withholding, shareholders will receive 0.22275 euros net. The maximum total amount is 1,835.1 million euros. The last day to buy with the right is January 11, 2027.
FinanceInternationalFinectOct 21AI
90% of consumers in Spain compare prices to save, according to an Ipsos study for Amazon
A study by Ipsos for Amazon, titled "El valor de comparar: decisiones de compra y ahorro en los hogares en España", indicates that comparing prices is a savings strategy for 90% of consumers in Spain. In addition, 44% believe that shopping online helps them save on their regular purchases, and comparing prices across online stores has become a widespread practice.
FinanceInternationalEl Diario VascoOct 21AI
Economic calendar: UK inflation at 3.5%, EIA report and 20-year US Treasury auction
The day began with data from Japan and the United Kingdom: Japanese exports rose 16.7% year on year and the trade deficit stood at JPY 536.6 bn. UK inflation rose to 3.5% year on year, above the 3.4% forecast, while core inflation reached 2.8%. Later, Canada's CPI, the EIA crude inventory report —with a forecast drop of 1.2 million barrels— and a 20-year US Treasury debt auction are due.
FinanceInternationalXTB.comOct 21AI
Iberdrola posts 9.6% higher profit through September with net income of 5.816 billion
Iberdrola reported net income of 5,816.1 million euros in the first nine months of the year, up 9.6%, driven by the 953 million euro net capital gain from the sale of its Mexico business to Cox. Adjusted net income reached 5,140.5 million, up 8.8%, and adjusted Ebitda 11,890.6 million, up 7.5%. Revenue rose 8% to 34,405 million. The company raised its 2026 guidance to at least 10% growth in adjusted net income.
FinanceInternationalValencia PlazaOct 21AI
RBA warns underlying inflation will exceed forecasts as Goldman expects November rate hike
RBA Deputy Governor Andrew Hauser said inflation prospects are worse than previously expected and that underlying inflation could exceed forecasts, with capacity constraints exerting stronger pressure than expected. Goldman Sachs now expects a 25 basis point hike to 4.85% on November 3. The September CPI reading, due October 28, will be key. In Japan, BOJ Deputy Governor Himino warned against delaying monetary policy adjustments. In the US, pending home sales fell 7.3% in September.
FinanceInternationalXTB.comOct 21AI
Iberdrola targets 10 billion euros in profit by 2030 after earning 5.816 million through September
Iberdrola aims to reach 10 billion euros in profit by 2030, driven by its networks business. Reported net profit reached 5.816 million between January and September, up 9.6%, while adjusted net profit stood at 5.140 million (+8.8%). Adjusted EBITDA was 11.890 million (+7.5%). The company keeps its BBB+ rating, holds more than 23.000 million in liquidity and raises its interim dividend 8.7% to 0.275 euros per share.
FinanceInternationalExpansiónOct 21AI
Iberdrola lifts profit 9.6% to 5.816 million and invests a record 10,087 million
Iberdrola reported net profit of 5,816.1 million euros in the first nine months of 2026, up 9.6%, and adjusted net profit of 5,140.5 million, up 8.8%. Sales reached 34,405 million and reported EBITDA fell 0.7% to 11,890.6 million, while adjusted EBITDA rose 7.5%. Investments rose 13% to a record 10,087.2 million, and adjusted net financial debt closed at 54,561 million.
FinanceInternationalEl EconomistaOct 21AI
Spain's electricity price averages €0.2047/kWh this Wednesday, October 21
Electricity prices in Spain reach an average of 0.2047 euros per kilowatt hour (kWh) this Wednesday, October 21, 2026. The cheapest slot is between 14:00 and 15:00, at €0.01837/kWh, while the most expensive is between 20:00 and 21:00, at €0.41808/kWh. The lowest rates are concentrated between 14:00 and 17:00, and prices rise sharply from 18:00 onward.
FinanceInternationalEl ConfidencialOct 21AI
Saitec and Kansai welcome Kumagai Gumi as new partner in the DemoSATH floating wind project
Saitec Offshore Technologies, The Kansai Electric Power Company (KEPCO) and Japan's Kumagai Gumi signed a cooperation agreement that brings the latter in as a strategic partner of DemoSATH, the floating offshore wind demonstrator installed at the BiMEP test site in Armintza (Bizkaia). The deal extends the project's operational life until 2027 and opens a phase focused on research, optimisation and knowledge transfer, with Kumagai Gumi contributing its experience as a construction contractor.
FinanceInternationalEnergética 21Oct 21AI
Netflix slumps more than 5% on the stock market despite beating profit forecasts
Netflix shares fell more than 5% after its quarterly results failed to dispel investor concerns about a possible slowdown in viewing hours and revenue growth. In its third quarter, the company reported $12.87 billion in revenue and $3.7 billion in net profit, above expectations. According to media reports, it will cut about 6% of its workforce, some 1,000 jobs, and has named Peter Rice as its new head of content.
FinanceInternationalEuronews.comOct 21AI
Unilever cuts operational emissions by 77% over the past 10 years
Unilever reduced greenhouse gas emissions from its own and leased sites —factories, offices and R&D centers— by 77% at the close of 2025 compared with 2015, according to its Climate Transition Action Plan. The company keeps its goal of cutting 100% of those emissions by 2030 and structures its strategy around three levers: transforming operations, product innovation and collaboration with its supply chain.
FinanceInternationalCompromiso RSEOct 21AI
JPMorgan sees bitcoin outperforming stocks, bonds and gold, but warns over volatility
JPMorgan Asset Management has included bitcoin in its long-term capital market assumptions for the first time and estimates a 10% annualized return over the next decade, above stocks, bonds and gold. However, its scenario assumes 55% annual volatility, more than triple that of large-cap U.S. stocks, and the bank does not include it in its main portfolio models due to its unstable correlations with other assets.
FinanceInternationalBloomberg LíneaOct 20AI
Insurers' premium income rises 10.36% to 71.113 million
Insurers' premium income reached 71.113 million euros at the end of the third quarter, up 10.36% from September 2025, according to ICEA data. Of the total, 39.317 million corresponded to the non-life segment, which rose 5.59% year on year, and 31.796 million to life, which grew 16.89%. Health posted the largest percentage increase, of 7.11%, to 10.670 million. Technical provisions stood at 233.703 million after rising 6.83% over twelve months.
FinanceInternationalLa VanguardiaOct 20AI
AI-linked debt surges 361% as Wall Street starts to question Big Tech's spending
AI-linked companies have issued $466 billion in debt so far in 2026, up from $101 billion in the same period last year, a 361% increase. Weekly trading volume in credit default swaps tied to seven major tech companies topped $9 billion in September, versus less than $2 billion in July. S&P Global Ratings estimates Alphabet, Amazon, Meta, Microsoft, Oracle and SpaceX will spend about $870 billion in capital investment in 2026, compared with around $470 billion in 2025.
FinanceInternationalOkDiarioOct 20AI
Brazil faces a boom in the black market for weight-loss drugs amid GLP-1 demand
The high cost of GLP-1 treatments and prescription restrictions are driving illegal sales in Brazil of tirzepatide from Paraguay and unregulated compounded preparations. Itaú BBA estimates off-pharmacy sales will reach nearly 19 billion reais this year, of which about 6.5 billion would come from Paraguayan products diverted into the country. Anvisa and the Federal Police are investigating the health risks, while pharmacy robberies targeting these drugs worry authorities.
FinanceInternationalBloomberg LíneaOct 20AI
Sabadell enables Bizum Pay at more than 340,000 merchants and adds Eroski and Burger King
Sabadell has enabled in-store payment with Bizum Pay at more than 340,000 merchants, a rollout that reaches large chains such as Eroski and Restaurant Brands, the group operating Burger King, Popeyes and Tim Hortons. The bank says all its clients with physical establishments already have terminals ready to accept these payments without replacing their existing card readers. Bizum launched in-store payments in May and by early October counted about 21 million enabled users and more than 1.7 million establishments able to accept them.
FinanceInternationalCinco DíasOct 20AI