Business news — November 4, 2026

5 publications

1. BusinessGrid

   Nov 4, 2026, 23:27 UTC

   

   Turkey's HÜRKUŞ Aircraft Inventory Reaches Four

   The acceptance process for two new generation basic training aircraft HÜRKUŞ has been completed, increasing the number of HÜRKUŞ in the inventory of the Air Force Command to four. Defense Industry President Haluk Görgün announced that the deliveries are continuing as planned.

   8 sourcesSee all sources
2. BusinessChinaBudgetCorp GovDefense

   Nov 4, 2026, 23:26 UTC

   

   Paraguay's Ueno Bank Collapse Leaves Millions Without Access to Savings

   The Central Bank of Paraguay suspended operations of Ueno Bank after detecting a severe solvency crisis, leaving nearly 3 million customers, including state funds and retirees, without access to their savings. Protests erupted, and the President Santiago Peña faced calls for impeachment due to his past ties with the bank. The crisis also affected other financial institutions and froze card payments, causing retail paralysis.

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3. BusinessMiddle EastUnited Kingdom

   Nov 4, 2026, 20:46 UTC

   

   UK Rejects Slavery Reparations, Allows Official Apology

   The UK has rejected financial reparations for its role in slavery, with Foreign Secretary Ed Miliband describing them as 'unfeasible'. However, King Charles III has condemned slavery as a 'great injustice' and the British government has allowed for an official apology.

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4. BusinessCivil RightsNorth AmericaBudget

   Nov 4, 2026, 10:47 UTC

   

   California Billionaire Tax Fails to Pass

   California's Proposition 40, also known as the Billionaire Tax Act, has failed to pass, with over 60% of votes counted. The measure aimed to impose a one-time tax of 5% on the total net worth of Californians worth over $1 billion, making it the first state tax on net worth. The 'poison pill' ballot measure that could have killed the billionaire tax, by banning state taxes on retirement accounts, did not materialize as a significant challenge.

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5. BusinessTrade

   Nov 4, 2026, 10:10 UTC

   

   Aselsan Signs $1.1 Billion Air Defense Export Deal

   Turkish defense company ASELSAN has signed a significant export contract valued at USD 1.1 billion for the sale of Air Defense Systems to an international customer. This deal is reported to be the largest single-contract deal in the company's history, equivalent to over half of the new export contracts signed in the previous nine months.

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