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Business news — October 12, 2026

Business publications published on October 12, 2026 (UTC). This is a fixed calendar-day archive.

2 publications

Business Middle East Trade Earnings
Oct 12, 2026, 15:18 UTC
Etihad Airways Suspends Flights to Saudi Arabia
Etihad Airways has announced the cancellation of all flights between Abu Dhabi and Riyadh until October 19, citing disruptions in regional air traffic. The airline has also suspended services to Jeddah and Dammam due to ongoing issues with Saudi Arabia's aviation infrastructure following recent Houthi attacks.
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Business Budget Tax
Oct 12, 2026, 06:54 UTC
Labour's Chancellor Faces £35 Billion Shortfall in Maiden Budget
John Healey, the UK Chancellor of the Exchequer, is set to face a significant financial challenge in his first budget, with the Institute for Fiscal Studies warning that he must find £35 billion ($46 billion) to meet the Labour government's spending ambitions. This shortfall is primarily due to the impact of inflation on public services and a pledge to increase defense spending.
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