Australia’s ASX hit by outage affecting corporate announcements, website shows

Airbus has announced a major recall affecting approximately 6,000 A320 jets due to a critical software vulnerability that could be compromised by intense solar radiation. This decision follows a recent incident involving a Jetblue aircraft that raised safety concerns about the A320 fleet's flight control data integrity.

Japan's capital expenditure (capex) rose by 2.9% in the third quarter, indicating robust domestic demand and a positive outlook for the economy. This increase suggests that businesses are investing in growth, reflecting confidence in future economic conditions.

The UK services sector has experienced a significant decline in optimism, marking the fastest drop in three years, according to the Confederation of British Industry (CBI). This downturn reflects growing concerns among businesses about the economic outlook and potential challenges ahead.

House prices in Australia have increased, but growth has slowed notably in major cities like Sydney and Melbourne, according to Cotality. This trend indicates a potential cooling in the housing market, which has seen significant fluctuations in recent years.

Australia's Treasury Wine has announced a potential impairment of its U.S. assets, leading to a significant drop in its share price, which has now reached a decade low. This development highlights ongoing challenges faced by the company in the U.S. market, raising concerns among investors about its financial health.

UK Labour leader Keir Starmer has outlined a growth mission following the recent budget announcement, which included a £26 billion tax increase aimed at stabilizing the economy. This budget, presented by Chancellor Rachel Reeves, has sparked significant debate regarding its implications for public spending and economic stability.

Databricks is reportedly in discussions to raise capital at a valuation of $134 billion, according to The Information. This move indicates the company's ongoing efforts to secure funding to support its growth and expansion in the competitive technology market.

Israel's stock market closed higher, with the TA 35 index rising by 1.03%, reflecting a positive trading environment as investors responded favorably to recent economic indicators.