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Business news — November 5, 2026

Business publications published on November 5, 2026 (UTC). This is a fixed calendar-day archive.

9 publications

  1. BusinessLegislationRegulatorsBudget

    Canada Tables 2026 Budget: Focus on Economic Sovereignty, Housing, and Immigration

    The Canadian government has unveiled its 2026 budget, titled 'Maîtres chez nous,' with a focus on reducing economic dependence on the United States and enhancing domestic sovereignty. Key highlights include a CAD 45 billion housing affordability plan, increased immigration targets, and measures to combat tariffs. The budget projects a 2027/28 deficit of CAD 62.5 billion and a debt-to-GDP ratio of 40.4% in 2028/29. It also includes investments in critical minerals, nuclear energy, and defense, aiming to balance current expenses with revenues by 2027-2028.
    3 sourcesSee all sources
  2. BusinessTradeMarketsEquitiesFX

    Mercado Libre Revenue Surpasses USD 10 Billion, Stock Falls Amidst Market Volatility

    Mercado Libre, the leading e-commerce company in Latin America, reported record revenues of USD 10.75 billion in the third quarter, marking the second consecutive quarter surpassing USD 10 billion. However, its stock fell by 12.4% on Wall Street due to earnings below expectations, margin compression from aggressive investments, uncertainty in new businesses, and adverse macroeconomic context. The company's strong growth in sales was offset by net income of USD 448 million, falling short of analysts' projections of USD 473 million. Mercado Libre's stock reaction was particularly sensitive to Brazil's presidential election results, as the country represents its main market.
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  4. BusinessExecutiveLocal GovBudget

    Budget 2027: Rejected Finance Law, Next Battle LFI 2027

    The National Assembly rejected the draft law on the finance bill (LFR) for 2026, leaving the existing authorizations intact. The rejection does not lead to the resignation of the government or the obligation to seek the confidence of deputies. The next battle will be the initial finance law for 2027 (LFI 2027), where the conflict changes scale. The government will have to seek agreement on its priorities, while PASTEF deputies will have to specify the arbitrations and solutions they propose.
    16 sourcesSee all sources
  6. BusinessBudgetTrade

    Fuel Prices to Decrease in Romania

    The National Agency for Energy Regulation (ANRE) has announced a slight decrease in fuel prices effective November 4 and 5, 2026. Gasoline 95 will decrease by 22 cents to 31.18 lei/liter on November 4, and further to 31.01 lei/liter on November 5. Diesel will also decrease by 10 cents to 36.18 lei/liter on November 4, and by 8 cents to 36.10 lei/liter on November 5. Drivers can find the cheapest gasoline at 9.79 lei/liter and diesel at 10.75 lei/liter on November 4, according to Peco Online data.
    7 sourcesSee all sources
  9. BusinessBudget

    David Jones Enters Administration Over Unpaid Rent

    David Jones, Australia's oldest department store, has entered administration after failing to pay rent for several months. The iconic retailer, which has operated for 188 years, has not paid rent since September for its Westfield stores, according to its landlord. Negotiations between David Jones and its landlords broke down, leading to the company's collapse. All 38 physical stores and the online site will continue operating while receivers review the business.
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