THE MOAT

The business of the world.

THE MOAT Daily with the world's top business stories. Subscribe

THE MOAT as it stood at 14 October 2026, 18:15 Brussels time · Archive · Today’s page

US inflation jumps to 3.7% as Iran war drives up prices

Financial Times /

  1. US Treasuries Slump as Hot Inflation Lifts Fed Rate-Hike Bets

    Michael MacKenzie / Bloomberg /

    Also: The New York Times Trump’s Latest Effort to Fire a Fed Official Underscores Political Motives

    In other languages: Le Temps La gouverneure de la Fed, Lisa Cook, repousse la convocation de Donald Trump, éloignant une possible révocation (fr), Valor Econômico Bowman, do Fed, diz que inflação está acima da meta, mas não há urgência para agir (pt), Dagens industri Svettig siffra för Fed (sv)

  2. He linked Saudi Arabia to Silicon Valley. Then OpenAI found a bug wrapped in toilet paper

    Financial Times /

    Also: BBC Toilet paper and secret recorders: What we know about the arrest of the Saudi OpenAI engineer, Al-Monitor Who is Abdulrahman Alfozan, Saudi national charged in bugging OpenAI meetings?, Semafor Saudi national arrested over alleged planting of recording device at OpenAI

    In other languages: Handelsblatt Künstliche Intelligenz: Verstecktes Abhörgerät: FBI verhaftet OpenAI-Mitarbeiter (de)

  3. SpaceX throttles Ukraine's military Starlink without warning, Kyiv says

    Ben Aris / bne IntelliNews /

  4. Container ship sinks near strait of Hormuz amid surge in Iranian attacks

    The Guardian /

    Also: The Wall Street Journal Two Cargo Ships Sink Near Hormuz, as Iranian Attacks Spike, Al-Monitor Two Singapore-registered vessels struck in Strait of Hormuz; one sinks

  5. Hot September CPI inflation keeps Fed on course for further tightening

    Financial Times /

    Also: BBC US inflation rises more than expected ahead of midterm elections, The Guardian US inflation rose to 3.7% in September, figures show, Bloomberg US Consumer Prices Rises by Most Since April, The New York Times Surging Inflation Complicates Trump’s Final Push to Sell Voters on Strong Economy · see all

    In other languages: The Korea Economic Daily (Hankyung) 예상 웃돈 CPI 여파에 美국채 투매…주가 하락·달러 연중최고 (ko), Estadão Inflação acelera nos EUA por conta das pressões persistentes no setor de energia (pt), Asahi Shimbun 米消費者物価、9月3.7%上昇 燃料高でインフレ加速、予想上回る (ja), Le Temps L'inflation américaine continue de grimper en septembre, tirée par la flambée de l'énergie liée au conflit avec l'Iran (fr), Expansión La inflación se dispara al 4,9% en septiembre y los precios de los alimentos suben un 2,7% (es), Valor Econômico EUA: Inflação ao consumidor sobe 0,6% em setembro ante agosto (pt), Dagens Næringsliv Kraftig rentehopp etter nytt inflasjonshopp (no), Dagens industri Högre inflationstakt än väntat i USA – börsen tappar fart (sv), Jornal de Negócios Inflação nos EUA fica acima do previsto. Acelera para 3,7% com gasolina a disparar (pt) · see all

  6. Bank of America Fined $1.21B Over AML Failures

    OCCRP /

    Also: South China Morning Post What does the historic Bank of America fine mean for US-China capital streams?, The Guardian Bank of America fined $1.2bn for money laundering failures

    In other languages: Valor Econômico Segundo maior banco dos EUA é multado em US$ 1,95 bilhão por falhas no combate à lavagem de dinheiro (pt), Het Financieele Dagblad Bank of America moet boete van $1,2 mrd betalen wegens gebrekkig antiwitwasbeleid (nl), Expansión Una multa antiblanqueo de más de 1.000 millones lastra los resultados de Bank of America (es), Handelsblatt +++ Geschäftszahlen +++: Strafe für Geldwäsche-Verstöße drückt Gewinn der Bank of America (de) · see all

  7. Houthis say targeted Saudi oil giant Aramco, vow more attacks

    Al-Monitor /

    Also: Bloomberg Saudi Aramco’s New China Refinery Venture Gets First Crude Cargo, Financial Times Military briefing: Houthis expose limits of Saudi Arabia’s vast arsenal, The National Houthi attack hits Aramco's historic nerve centre in Saudi Arabia, The Wall Street Journal Houthi Strike Hits Building at Saudi Aramco Headquarters · see all

    In other languages: Diario Financiero Ataques a Arabia Saudita agravan escenario energético (es), Jornal de Negócios Ataque atingiu sede da petrolífera saudita Aramco e provocou incêndio (pt), Handelsblatt +++ Iran-Krieg +++: Angriff auf saudischen Ölkonzern Aramco löst Brand aus (de), Valor Econômico Prédio da Saudi Aramco em Dhahran é atingido em ataque de míssil (pt), Frankfurter Allgemeine Business-Ticker: Firmenzentrale von Saudi Aramco von Huthi-Rakete getroffen (de) · see all

  8. Lufthansa to become new TAP shareholder, Portuguese government says

    Euronews /

    Also: Financial Times Lufthansa wins battle to buy stake in Portugal’s TAP

    In other languages: Valor Econômico Lufthansa vence disputa e levará 44,9% da portuguesa TAP, por US$ 1,3 bilhão (pt), Frankfurter Allgemeine Nächster Zukauf: Lufthansa setzt sich im Bieterduell um TAP durch (de), Der Spiegel Lufthansa gewinnt Bieterrennen um portugiesische TAP (de), Der Standard AUA-Mutter Lufthansa kann bei Portugals Airline Tap einsteigen (de), Het Financieele Dagblad Portugese TAP deels naar Lufthansa, Air France-KLM heeft het nakijken (nl), Le Figaro Air France-KLM évincé, Lufthansa remporte la course à la privatisation partielle de TAP Air Portugal (fr), Jornal de Negócios Lufthansa ganha privatização da TAP com oferta de 1.201 milhões por 49,9% (pt), Handelsblatt Teilprivatisierung: Lufthansa gewinnt Bieterrennen um Portugals Tap (de), Süddeutsche Zeitung Luftfahrt: Lufthansa steigt bei TAP Air Portugal ein (de), Le Temps Lufthansa met un pied dans TAP Air Portugal (fr) · see all

  9. Netflix to Cut 6% of Global Staff, About 1,000 Jobs, WSJ Says

    Dawn C. Chmielewski / Bloomberg /

    Also: The New York Times Netflix, Facing Slowing Growth, Cuts 6% of Its Work Force, Financial Times Netflix to cut 1,000 jobs as growth concerns mount

    In other languages: Dagens industri Netflix kapar personalstyrkan med 6 procent (sv), E24 Netflix sparker 1000 ansatte (no), Jornal de Negócios Netflix elimina cerca de mil postos de trabalho, o maior corte desde 2022 (pt), Diario Financiero Netflix recortará 1.000 puestos de trabajo ante la creciente preocupación por su crecimiento (es) · see all

  10. ASML CEO confident AI demand will outstrip supply for years to come

    Jeronimo Gonzalez / Semafor /

    Also: Financial Times AI demand to exceed supply for 2 more years, says ASML, Bloomberg Aramco Headquarters Attacked, ASML Struggles to Keep Up with Demand, MarketWatch Chip bellwether ASML says customers are already asking to place orders — for 2030, Euronews ASML posts record €11.7 billion in sales but warns it can’t keep up with AI demand · see all

    In other languages: Valor Econômico ASML eleva projeções pela 3ª vez no ano com ‘boom’ de IA e negocia pedidos até 2030 (pt), Expansión ASML dispara el resultado por los chips para IA y reforzará su producción (es), The Korea Economic Daily (Hankyung) ASML "30% 증산해도 부족"…2030년까지 AI칩 장비 주문 (ko), Handelsblatt Technologie: Europas wertvollster Konzern ASML rechnet mit jahrelangem Boom (de), Jornal de Negócios ASML diz que não consegue responder à elevada procura dos fabricantes de chips (pt), Dagens industri EU vill att Kina lättar på sanktioner mot ASML-leverantör (sv), Frankfurter Allgemeine Chipkonzern ASML: Die größte Gefahr für Europas teuersten Konzern lauert in den USA (de) · see all

  11. China's Trade Surplus Nears $1T as Exports Surge

    Bloomberg /

    Also: Financial Times China’s exports surge 36% as AI-related shipments boom, The New York Times China’s Exports Soar, Putting Its Trade Surplus on Track for a Record, The Wall Street Journal Chinese Exports Accelerated in September

    In other languages: Handelsblatt Exporte: China erreicht beim Handelsüberschuss bald die Billionen-Dollar-Marke (de), Estadão Exportações da China disparam e colocam superávit comercial a caminho de novo recorde (pt), Jornal de Negócios Excedente comercial da China volta a crescer em setembro. Exportações sobem 36% (pt), Dagens industri Oväntat kraftigt lyft för Kinas export (sv) · see all

  12. UAE-backed GlobalFoundries to run two chip plants under $21bn US-Japan deal

    Kyle Fitzgerald / The National /

    Also: Bloomberg GlobalFoundries Gets $21 Billion to Run Plants in US-Japan Deal

  13. Five Arrested in 1 Million Euro Fraud Against NATO

    OCCRP /

  14. EU admits its Georgia policy is failing as Tbilisi doubles down on confrontation

    Ben Aris / bne IntelliNews /

  15. Deadly drone strikes in NATO waters raise stakes for Black Sea trade

    Martina Sapio / POLITICO Europe /

  16. One of Turkey’s last pro-opposition TV stations raided, placed under control of government trustee

    Akin Nazli / bne IntelliNews /

  17. Rising diesel prices have helped fuel inflation — and we’re about to see how much worse it could get

    Myra P. Saefong / MarketWatch /

  18. OPay’s $1.28 lending problem in Nigeria

    Temitayo Jaiyeola / TechCabal /

  19. The fierce fintech race for financial loyalty in South Africa goes beyond payments

    Phathisani Moyo / TechCabal /

  20. Asia is world's largest producer of ‘zombie' firms, IMF warns

    Brendan Ruberry / Semafor /

    Also: Bloomberg UK Needs to Slash Spending to Fund Defense Buildup, IMF Warns, Al-Monitor IMF calls for US to cut deficits amid bond woes, China to shift away from exports, Le Monde Higher borrowing costs an 'alarm signal' for France, says finance minister, South China Morning Post IMF warns higher borrowing costs are straining public finances worldwide, The Japan Times U.K. and Indian economies set to overtake Japan, IMF says, The Guardian IMF sounds alarm on rising government borrowing costs – business live, Financial Times Asia has become the largest producer of zombie companies, IMF warns · see all

    In other languages: Jornal de Negócios FMI vê fatura com juros a subir para 10% da receita pública (pt), Neue Zürcher Zeitung Der Währungsfonds warnt vor einer «gespaltenen Weltwirtschaft»: Nur ein Teil der Länder könne vom KI-Boom profitieren (de), Frankfurter Allgemeine Staatshaushalte: IWF warnt vor Schuldenfalle für Industrieländer (de), Le Figaro Budget de la France: «Il faudra du temps» avant de retrouver «l'entière confiance» des marchés, prévient la cheffe du FMI (fr), El País ¿Son efectivas las ayudas generalizadas ante una crisis inflacionaria? El FMI recela de esa receta (es), Valor Econômico Juros pressionam contas públicas e exigem ação de países, diz FMI (pt) · see all

  21. It’s BlackRock vs. Apollo in war to bank corporate America

    Liz Hoffman / Semafor /

  22. Can the China-US Detente Last?

    Yao Bowen / The Diplomat /

  23. Senators Urge Trump to Reverse Diesel Deal With Putin

    Robert Jimison / The New York Times /

    Also: Al-Monitor U.S.-Russia deal on diesel is 'very risky choice,' Italy PM Meloni says, Semafor Political fallout from Trump’s Russian diesel deal overshadows price impact, MercoPress Republican senators urge Trump to cancel the Putin diesel deal as unlawful

  24. Locking UK out of ‘Made in Europe’ law will ‘hurt’ carmaking across EU, says Mercedes-Benz boss

    Lisa O’Carroll / The Guardian /

Earlier today

  1. Bank of America fined $1.2bn over money laundering failures

    Financial Times /

  2. Saudi Arabia strikes strategic oil depots near Yemen capital

    Patrick Wintour / The Guardian /

  3. Ukraine blindsided by Starlink restrictions and intelligence gaps during Russian attack

    Financial Times /

  4. Nvidia to announce $2B in European investments

    Brendan Ruberry / Semafor /

  5. AI in your oven? Anthropic warns models ‘months away’ from self-replication on smart devices

    Dara Kerr / The Guardian /