THE MOAT

The business of the world.

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

THE MOAT as it stood at 15 October 2026, 09:32 Brussels time · Archive · Today’s page

Brazil abolishes six-day workweek in win for Lula

Financial Times /

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

  1. TSMC profits surge amid relentless AI demand

    Financial Times /

    Also: Bloomberg TSMC’s Profit Surpasses Expectations After AI Orders Rush In, 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)

  2. Ukraine to Resume Russia Refinery Strikes, Zelenskyy Tells FT

    Stephen Stapczynski / Bloomberg /

    Also: 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)

  3. Oil majors face $32bn dilemma over Iran war windfall

    Financial Times /

    In other languages: Der Standard Krieg mit Iran lässt Gewinne von Ölkonzern TotalEnergies sprudeln (de)

  4. India’s IDBI Stake Sale Brings Timely Buffer Against $100 Oil

    Anup Roy and Ruchi Bhatia / Bloomberg /

    Also: Financial Times India approves biggest foreign takeover of domestic bank

  5. Anthropic revenue surges to $16.8bn ahead of stock market listing

    BBC /

    Also: Financial Times Anthropic tells investors quarterly revenue up 50% to $16.8bn ahead of IPO, Bloomberg Anthropic Results May Aid IPO but Not AI Trade, Analysts Say, 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)

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

    Kyle Fitzgerald / The National /

    Also: The Japan Times Japan to invest up to $21 billion in two U.S. chip factories to be run by GlobalFoundries

    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)

  7. Eight states accuse OpenAI of coaching children to harm themselves in lawsuit

    Dara Kerr and Blake Montgomery / The Guardian /

    In other languages: Aftenposten Åtte amerikanske delstater saksøker OpenAI. Mener ChatGPT skader barn. (no), Rzeczpospolita ChatGPT miał nakłaniać dzieci do samobójstwa. Osiem stanów pozywa OpenAI (pl), Dagens industri Delstater stämmer Open AI (sv)

  8. Prolonged war, renewed disruptions pose biggest risk to Middle East region, IMF says

    Al-Monitor /

  9. Asia’s Uneven Economic Resilience Faces Stress Tests, IMF Says

    Fabiana Negrin Ochoa / The Wall Street Journal /

    Also: 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)

  10. Europe’s Leaders Have Few Tools to Ease War-Driven Energy Shock

    John Ainger / Bloomberg /

  11. 'Big picture, big framework, big items are done': Sergio Gor says India-US trade deal very close ahead of Marco Rubio's visit

    The Economic Times /

    Also: Bloomberg Gor: US-India Close to Landing Trade Deal

  12. US Treasury says big banks discriminated on political grounds

    Brendan Ruberry / Semafor /

    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)

  13. US military weighs use of ‘mother of all bombs’ in potential future strikes on Iran, CNN says

    Al-Monitor /

    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)

  14. What Gulf economies need to watch out for as potential bond crisis looms

    Tim Fox / The National /

  15. The AI trade is splintering as inflation fears rattle hyped-up tech stocks

    Christine Ji / MarketWatch /

    Also: 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

  16. 👨🏿‍🚀TechCabal Daily – Dangote IPO heads south

    Opeyemi Kareem / TechCabal /

  17. AI job losses set to rein in office demand in developed Asia-Pacific economies: report

    Cheryl Arcibal / South China Morning Post /

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

    The Guardian /

    Also: 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)

  19. Hong Kong firm, Qatar bank to launch Chinese equity fund to lure Middle East capital

    Christina Zhao / South China Morning Post /

  20. Rising bond yields and higher inflation leave the Fed trapped in a rate-hike dilemma

    Joy Wiltermuth / MarketWatch /

    Also: 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)

  21. Pan-African mobile money firm Airtel Money starts full London trading at $7bn valuation

    bne IntelliNews /

  22. Why Ukrainian strikes on data centers are a real problem for Russia — and beyond

    Antoaneta Roussi / POLITICO Europe /

    In other languages: Valor Econômico Ucrânia ataca maior data center russo e põe em risco avanço de Moscou em IA (pt)

  23. Toilet paper and secret recorders: What we know about the arrest of the Saudi OpenAI engineer

    BBC /

    Also: 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)

  24. IMF official says buffers against Iran war price shock are narrowing

    Kyle Fitzgerald / The National /

Earlier today

  1. Apple gears up for AI product push in China

    Brendan Ruberry / Semafor /

  2. Why Easing Sanctions on Russian Diesel Is Unlikely to Lower Fuel Costs

    Aruni Soni / The New York Times /

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

    Euronews /

  4. Bessent Pushes IMF on ‘Distortionary’ Policies, in China Signal

    Yash Roy / Bloomberg /

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

    OCCRP /