Ex-Shell CEO van Beurden to chair Castrol as Stonepeak closes deal with BP - Reuters

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• Jefferies sees Airbus stock October deliveries down 17% year-over-year

  Airbus is expected to see its aircraft deliveries drop by 17% year-over-year for the month of October, according to an estimate from Jefferies. The projection comes as the firm monitors delivery performance trends for the aerospace manufacturer's stock.

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• UK’s largest brickmaker hit by sales slump as housebuilding downturn deepens

  Ibstock has lowered its full-year earnings expectations to the mid-£40m range and slashed production by a fifth to cope with a protracted decline in construction activity. The Leicestershire-based manufacturer pointed to prolonged market weakness across late summer and autumn alongside unhelpful delays in state housing support. This operational retrenchment reflects broader industry headwinds as official forecasts for national home completions continue to be downgraded.

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• SpaceX in talks to buy Boost Mobile or use its network, Washington Post reports - Reuters

  Elon Musk's aerospace company is actively exploring strategic options to expand its footprint into the wireless telecommunications sector. By targeting an established carrier, the firm could rapidly secure direct access to widespread consumer cellular infrastructure. Such a move could significantly alter the company's connectivity capabilities and service offerings.

  1 min read