Business

The United States and Switzerland neared a deal to cut U.S. tariffs on Swiss goods to about 15 percent, easing a prior 39 percent levy after business-led talks pushed progress.

Douglas A. Irwin, Daniel W. Drezner, Hakan Yilmazkuday, Iikka Korhonen, Dean Baker and 12 more

Tages-Anzeiger, Der Spiegel, Financial Times and 4 more

UK unemployment rose to 5.0% in the three months to September, the Office for National Statistics said, its highest in four years and a setback before the autumn Budget.

Geoffrey M. Hodgson, Simon Burgess, Ted Temzelides, Paul Nightingale, Jonathan Hopkin and 3 more

Apollo Sports Capital became majority owner of Atlético de Madrid, acquiring about 55% in a deal valuing the club at roughly €2.5 billion, with leadership to remain.

Iñaki Aldasoro, Ramón López Facal, Beatriz Gallardo Paúls

Carmakers' battery procurement deals with miners stalled globally as plunging commodity prices created a supply glut which left miners unable to fund projects while automakers scaled back EV targets.

Aric Rindfleisch, Edgar Morgenroth, Oliver Stuenkel, Francesco Nicoli, Sonia I. Seneviratne and 3 more

Warren Buffett wrote his final Berkshire Hathaway shareholder letter, said he was “going quiet” and accelerated $1.3 billion in charitable gifts as he prepared to step down.

Timothy D. McBride, Jeremy Harris Lipschultz