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Also: Bloomberg Brazil Election: Senate Approves Bill to Shorten Workweek in Boost to Lula, Daily Maverick Brazil’s Senate approves shorter workweek in win for Lula, The Guardian Brazil cuts work week to 40 hours in win for Lula ahead of runoff
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Ukraine to Resume Russia Refinery Strikes, Zelenskyy Tells FTAlso: Financial Times Ukraine to resume strikes on Russian refineries, Zelenskyy says
In other languages: Aftenposten Zelenskyj til FT: – Vi vil igjen angripe russiske oljeraffinerier (no)
TSMC’s Profit Surpasses Expectations After AI Orders Rush InAlso: Euronews Taiwan chip giant TSMC says net profit hit record in third quarter
In other languages: Handelsblatt Chipindustrie: TSMC erneut mit überraschend deutlichem Gewinnsprung (de)
Anthropic tells investors quarterly revenue up 50% to $16.8bn ahead of IPOAlso: BBC Anthropic revenue surges to $16.8bn ahead of stock market listing, MarketWatch Anthropic’s slowing growth could be the AI trade’s latest red flag
In other languages: Jornal de Negócios Receitas da Anthropic disparam em trimestre antes do IPO (pt), Handelsblatt Künstliche Intelligenz: Anthropic erzielt vor Börsengang 16,8 Milliarden Dollar Quartalsumsatz (de), Het Financieele Dagblad Anthropic rapporteert rappe groei en positieve kasstroom, AI-koersen blijven dalen (nl)
UAE-backed GlobalFoundries to run two chip plants under $21bn US-Japan deal
In other languages: Asahi Shimbun 対米投資第3弾で半導体工場建設へ 日米関税合意に基づき最大3兆円 (ja), Handelsblatt Globalfoundries: Japan zahlt 21 Milliarden Dollar für zwei US-Chipfabriken (de)
Prolonged war, renewed disruptions pose biggest risk to Middle East region, IMF says
Oil majors face $32bn dilemma over Iran war windfall
Asia’s Uneven Economic Resilience Faces Stress Tests, IMF SaysAlso: Bloomberg IMF APAC Chief Warns of Rising Market Risks
In other languages: Valor Econômico Resiliência econômica desigual da Ásia enfrenta testes de estresse, diz FMI (pt)
Europe’s Leaders Have Few Tools to Ease War-Driven Energy Shock'Big picture, big framework, big items are done': Sergio Gor says India-US trade deal very close ahead of Marco Rubio's visit
US Treasury says big banks discriminated on political grounds
Also: Bloomberg Treasuries Extend Gains as Equities Selloff Dents Risk Sentiment
In other languages: Diario Financiero Inflación en EEUU presiona a los bonos del Tesoro ante expectativas de nuevas alzas de tasas de la Fed (es)
US military weighs use of ‘mother of all bombs’ in potential future strikes on Iran, CNN says
In other languages: Handelsblatt +++ Iran-Krieg +++: US-Militär erwägt Einsatz der „Mutter aller Bomben“ gegen Iran (de), Dagens industri Källor: USA redo för omfattande attack mot Iran (sv)
What Gulf economies need to watch out for as potential bond crisis looms
The AI trade is splintering as inflation fears rattle hyped-up tech stocksAlso: Euronews Deepening tech sell-off drags stocks lower as major markets slide, The New York Times Stocks Tumble as Concerns Over Inflation and A.I. Investments Grow, Bloomberg Chip Rout Deepens as Rate Fears Collide With AI Funding Woes, Financial Times Global tech sell-off deepens as Asian markets tumble · see all
👨🏿🚀TechCabal Daily – Dangote IPO heads south
AI job losses set to rein in office demand in developed Asia-Pacific economies: report
Container ship sinks near strait of Hormuz amid surge in Iranian attacksAlso: Semafor Iran ramps up ship strikes in Hormuz ahead of US midterms, The Wall Street Journal Two Cargo Ships Sink Near Hormuz, as Iranian Attacks Spike, Bloomberg Cargo Ship Sinks in Strait of Hormuz After Strike Triggers Fire · see all
In other languages: Dagens industri Två skepp har sjunkit i Hormuzsundet senaste dygnet (sv), Valor Econômico Dois navios afundam perto do Estreito de Ormuz após ataques com projéteis (pt)
Hong Kong firm, Qatar bank to launch Chinese equity fund to lure Middle East capitalPan-African mobile money firm Airtel Money starts full London trading at $7bn valuation
Rising bond yields and higher inflation leave the Fed trapped in a rate-hike dilemmaAlso: Financial Times Hot September CPI inflation keeps Fed on course for further tightening, Semafor Inflation report raises Fed rate-hike odds, Bloomberg Fed’s Beige Book Shows Intensifying Price Growth in Some Areas
In other languages: Valor Econômico Um terço dos distritos do Fed relatou aceleração da inflação no último mês, mostra Livro Bege (pt), The Korea Economic Daily (Hankyung) 美 물가 충격에 금값 1.8% 급락…Fed 금리 인상론 확산 (ko)
Why Ukrainian strikes on data centers are a real problem for Russia — and beyond
In other languages: Valor Econômico Ucrânia ataca maior data center russo e põe em risco avanço de Moscou em IA (pt)
Europe’s debt map flips: Belgium borrows like Greece as France pays more than Italy
Toilet paper and secret recorders: What we know about the arrest of the Saudi OpenAI engineerAlso: Financial Times He linked Saudi Arabia to Silicon Valley. Then OpenAI found a bug wrapped in toilet paper, Bloomberg Arrested OpenAI Engineer Booked a One-Way Ticket to Saudi Arabia, Semafor OpenAI employee arrested over office bugging · see all
In other languages: Valor Econômico Juiz do caso Apple-OpenAI diz que é "muito provável" que decida a favor da fabricante do iPhone (pt), Diario Financiero Apple y OpenAI se enfrentan en tribunales por disputa sobre secretos comerciales (es)
IMF official says buffers against Iran war price shock are narrowing
China’s CXMT gets pledge of support as provincial party chief vows chip-industry expansion
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Earlier today
Eight states accuse OpenAI of coaching children to harm themselves in lawsuitApple gears up for AI product push in China
Why Easing Sanctions on Russian Diesel Is Unlikely to Lower Fuel Costs
Lufthansa to become new TAP shareholder, Portuguese government says
Bessent Pushes IMF on ‘Distortionary’ Policies, in China Signal
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