Euro-area inflation surged to a fresh all-time high, while the bloc’s economy lost momentum — reinforcing fears that a recession is now all-but unavoidable. Consumer prices jumped by 10.7% from a year ago in October, far exceeding the 10.3% median estimate in a Bloomberg survey. Third-quarter output, meanwhile, slowed to 0.2% from the previous three months — more than analysts ...

Uber Technologies Inc reported revenue that beat analysts’ expectations, fueled by a recovery in driver supply that supported increased ridership, assuaging investor concerns that rising inflation would damp consumer spending. The shares jumped about 6% in early trading. Third-quarter sales jumped 72% to $8.34 billion, the San Francisco-based company said on Tuesday in a statement. That exceeded the $8.1 billion ...

UK house prices fall the most since the start of the pandemic in October as political and market turmoil sent shock waves through the property market. The average value of a home dropped 0.9% to £268,282 ($309,500), the Nationwide Building Society (NBS) said on Tuesday. It was the largest decline since June 2020 and much sharper than the 0.3% reduction ...