Bloomberg Business

Ford Motor Co. reported sales of its F-150 Lightning plug-in pickup fell 46% in the third quarter as the automaker shut its factory for expansion and delayed delivery of trucks for “quality checks.”

(Bloomberg) — Poland’s central bank cut interest rates for a second consecutive month, lifting the zloty after an unexpectedly large reduction last month triggered a selloff and prompted policymakers to advocate for more caution.

British Airways parent IAG SA regained its investment grade credit rating from Standard & Poor’s, in a sign that efforts to rebuild the carrier’s balance sheet are paying off.

Japanese officials are sticking with their strategic silence on currency intervention as speculation swirls over whether the government acted to prop up the yen.

Alphabet Inc. is embroiled in one of the most serious antitrust cases to threaten Big Tech in decades. In the stock market, where other megacaps have started to buckle, traders seem unconcerned.

Bill Gross, co-founder and former chief investment officer at Pacific Investment Management Co., said stocks are “clearly overvalued” and that bond yields would need to fall “significantly” to justify current valuations.

European Union diplomats meeting ahead of a summit this week have reached an outline agreement on how to tackle immigration crises after Germany and Italy blocked previous efforts to clinch a deal.

Prime Minister Rishi Sunak canceled the northern leg of the UK’s HS2 high-speed rail project, betting that re-investing funds in alternative transport links across the country would be more popular with voters.