Today’s business news – in the UK and beyond amid concerns about the world’s largest economy and the fall in the Asian, US and UK markets.
Frank Davis, who went missing in Creston, B.C., at the age of 40, has been the subject of a 22-year unresolved mystery for his family. Efforts to locate him have so far not provided answers regarding his disappearance.
Senator Flávio Bolsonaro and President Luiz Inácio Lula da Silva will compete in a runoff for Brazil’s presidency on 25 October, as preliminary results show neither candidate achieved the required majority. Bolsonaro received over 56 million votes, while Lula garnered 53.7 million, with 99.8% of votes counted.
The US military has withdrawn all bombers from RAF Fairford following an alleged incident involving masked individuals near the base. Counter-terrorism detectives arrested six men on suspicion of explosives and terrorism-related offences, with all now released on bail. UK military bases remain on heightened alert.
Search operations for six individuals continue after a medical evacuation plane vanished near Bermuda, with wreckage found amid stormy conditions.
Prime Minister Pedro Sánchez is deliberating on calling an early general election after Congress rejected his government’s housing measures aimed at protecting vulnerable tenants. Following recent protests over the housing crisis, Sánchez is consulting PSOE leaders, with some advocating for a vote as soon as 29 November.