Dillan Payne / CC BY-SA 4.0 Money Artificial intelligence industry in Canada Canada's federal government invests up to C$1.6 billion (US$1.1 billion) in Toronto-based artificial intelligence company Cohere, taking an equity stake as part of a C$7 billion (US$5 billion) funding round intended to expand domestic computing infrastructure and AI development. 29 Oct
SVeach94 / CC BY-SA 4.0 Money Boycott of Russia and Belarus Seychelles-based cryptocurrency exchange KuCoin ends services for customers in Russia and Belarus, citing ongoing sanctions. 29 Oct
Lemrich / European Central Bank / Attribution Money Christine Lagarde, the president of the European Central Bank, resigns, saying she could not remain neutral on current events. She will step down from office in February 2027, eight months before her term officially ends. 29 Oct
Money Russian independent newspaper Novaya Gazeta announces plans to cease operations on 9 November, citing pressure from Russian authorities. 30 Oct
Money American food delivery company DoorDash announces an intent to acquire grocery delivery company Instacart for $17 billion in late 2027. 29 Oct
Wikideas1 / CC0 Money 2026 Iran war fuel crisis The Bank of Canada raises its policy interest rate by 25 basis points to 2.5%, its first increase since July 2023, citing persistent inflation driven partly by higher oil and gasoline prices linked to the Iran war. 28 Oct
Money Jio Platforms raises US$3.2 billion in India's largest-ever initial public offering (IPO), attracting about $77 billion in bids and becoming the country's most-subscribed IPO before its stock-market debut in Mumbai. 28 Oct
Kiensvay / CC BY-SA 3.0 Money 2026 Iran war fuel crisis Villa Vie Residences suspends operations of the Odyssey in Sihanoukville, Cambodia, after running out of money amid sharply higher fuel costs, forcing 203 passengers to disembark with seven hours' notice. 27 Oct
Money AI bubble China's Shanghai Stock Exchange STAR Market index, which focuses on science and technology companies, plummets 40% in less than four months. 27 Oct
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