Business news — November 10, 2026

8 publications

1. BusinessBudgetTaxTrade

   Nov 10, 2026, 23:47 UTC

   

   Jensen Huang Hired PR Firm Specializing in Sex Scandals

   Jensen Huang reportedly engaged a PR firm with a history of handling high-profile sex scandals a year ago. The firm was enlisted shortly after an October 2025 New York Times report detailed Alice Huang's business dealings with Jensen Huang, according to Wired.

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2. BusinessNorth AmericaLogisticsHardware

   Nov 10, 2026, 17:46 UTC

   

   UK Residents Stockpile Essentials Amidst Government Warnings

   Following the UK government's advice to prepare for potential disruptions, residents have been stockpiling essential goods such as hand sanitizer, bottled water, and canned food. Sales of these items have significantly increased since the launch of the 'Be Ready' information campaign on October 22. Hand sanitizer sales rose by 83%, bottled water by 67%, and canned goods by 37%. The demand for canned meat also surged, with an additional 400,000 buyers per day.

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3. BusinessBudget

   Nov 10, 2026, 11:32 UTC

   St. Petersburg Plans Major Tax Hike for Small Businesses

   The city of St. Petersburg is proposing a significant increase in taxes for small businesses, with the preferential rate for the simplified tax system 'income minus expenses' set to rise from 7% to 15%. This change, expected to take effect from January 1, 2027, aims to generate additional revenue for the city budget, potentially around 20 billion rubles annually. However, local experts warn that this move could lead to business closures and job losses in the medium term.

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4. BusinessCentral AsiaBudget

   Nov 10, 2026, 07:25 UTC

   

   Serbia's Economic Growth Forecast at 3.2% Despite Concerns

   Serbia's economy is expected to grow at a rate of 3.2% in 2026, the second-highest in Central and Eastern Europe after Poland. However, despite this positive outlook, some foreign consulting firms caution that high economic costs from previous expansions make the Serbian economy appear stable but are actually its weakest link in the region.

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5. BusinessTrade

   Nov 10, 2026, 05:00 UTC

   Oil Price Update

   The latest oil price stands at $97.12 per barrel.

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6. BusinessPolicyBudget

   Nov 10, 2026, 04:03 UTC

   

   Professional Services Add Jobs Despite AI Fears

   The U.S. professional and business services sector added 70,000 jobs in October, defying expectations of widespread AI-driven job losses. This includes growth in consulting, legal, and accounting services. However, some economists caution that this may be a short-term trend due to election-related activity.

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7. BusinessUnited KingdomTradeMarkets

   Nov 10, 2026, 02:40 UTC

   

   Major UK Banks Block AI Agents from Customer Accounts

   HSBC, Barclays, Lloyds, NatWest, and Nationwide have restricted or blocked AI agents from accessing customer accounts due to concerns about potential rogue activity and impact on bank profits, according to the Telegraph. McKinsey estimates that up to £700bn could shift from low-interest accounts, reducing banks' interest income.

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8. BusinessTradeEquities

   Nov 10, 2026, 00:24 UTC

   

   ASX Jumps as Wall Street Rallies, Nvidia Tumbles Amid Probe

   The Australian Securities Exchange (ASX) opened higher following a rally on Wall Street, boosted by optimism around the Iran conflict. US President Donald Trump's statement that the Iran war was 'effectively over' raised hopes for an end to the conflict, which had been driving up global energy costs. Meanwhile, tech giant Nvidia saw its shares tumble amid a probe into alleged Chinese spying activities. Oil prices also fell due to these developments.

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