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Swiss GDP Growth Forecast Jumps to 1.7% for 2026 on Pharma Surge
Switzerland raises 2026 GDP forecast to 1.7% from 0.9% after Q2 growth hits 1.5%, strongest since 2021. Pharma drives half the gains, but inflation expected to rise.
France Pushes EU to Use €4.6B Google Fines to Cut Budget Contributions
France proposes using €4.6 billion in Google fines to lower EU member state budget contributions. EU governments are negotiating the 2028-2034 budget amid fiscal pressure.
US 10-Year Treasury Yield Hits 5.18% on September 24, Highest Since 2007
US 10-year Treasury yield hits 5.18% on September 24, highest since 2007. Real rates drive 96% of the 45 basis point surge. Bond prices fall as borrowing costs rise.
Ford Fathom: Electric Falcon Successor Starts at A$40,000 in 2027
Ford’s new Fathom EV replaces the Falcon with a mid-sized dual-cab ute starting at A$40,000 USD in 2027. Right-hand-drive engineering suggests an eventual Australian launch.
Ford Fathom: Falcon’s Electric Successor Launches at A$40,000 in 2027
Ford’s new Fathom electric ute launches early 2027 from A$40,000 USD as Falcon successor. Five-seater dual-cab EV uses modular UEP platform, trademarked for right-hand-drive Australia.
Japan Volleyball Association Issues Statement on Player Abuse During Asian Games
Japan’s volleyball federation issues statement condemning online abuse of national team players during Asian Games competition, urging fans to send support instead of hateful comments.
Germany’s Economy Grows 1.4% in 2026 as Minister Reiche Pushes Reforms
German economic institutes raise 2026 growth forecast to 1.4%, doubling spring projections. Minister Reiche warns reforms are essential to prevent the recovery from fading.
Bill Gates Warns AI Could Cause Billion Deaths, Demands Federal Rules
Bill Gates warns AI could cause billion deaths and demands federal regulation. Self-regulation by tech companies is not enough, he told NBC’s Meet the Press.
ANZ Cuts 400 Tech Jobs, 10 Senior Bankers Exit by October
ANZ cuts 400+ tech jobs and loses 10 senior bankers by October as CEO Nuno Matos accelerates offshore restructure. Over 100 NZ IT roles affected as bank moves testing to India and Philippines.