THE MOAT

The business of the world.

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

THE MOAT as it stood at 23 October 2026, 03:32 Brussels time · Archive · Today’s page

‘AI is on trial’: Bond yields sink below 5% as investors look for safety

Joy Wiltermuth / MarketWatch /

Also: Bloomberg Meta Doubles Down on AI Spending, Plans New Class C Shares, Financial Times Nasdaq tumbles while Treasuries soar as Meta rekindles AI spending fears, Semafor US Treasury Secretary Bessent dismisses AI bubble fears

In other languages: Expansión Los bonos de los hiperescaladores presionan la deuda pública de EEUU (es), Valor Econômico Em NY, Nasdaq despenca em meio aos receios sobre gastos de empresas de IA (pt)

  1. Some US diplomats told to leave Saudi Arabia amid Houthi attacks

    Jonathan Yerushalmy / The Guardian /

    Also: Sky News Who is behind the powerful Houthi dynasty?, Al-Monitor From mountain fighters to 'regional power': the rise of Yemen's Houthis, Bloomberg Saudi Attacks Push Oil Higher as Stocks Slide on Tech Earnings, Financial Times US orders some personnel to leave Saudi Arabia after Houthi attacks · see all

    In other languages: Le Temps Des montagnes du Yémen à la scène régionale, l'ascension des houthis avec l'appui de l'Iran (fr), Aftenposten Houthiene har angrepet flere mål i Saudi-Arabia (no), Handelsblatt +++ Iran-Krieg +++: Nach Alarm: Ölkonzern Saudi Aramco evakuiert seine Zentrale (de)

  2. Vance: Starlink Use Depends on US Policy Toward Kyiv, Moscow – Not Musk

    Kyiv Post /

    Also: Financial Times Starlink saga shows why Europe must catch up in space, The Wall Street Journal Trump Called Musk and Asked Him to Lift Ukraine Starlink Restrictions

    In other languages: Handelsblatt Satelliteninternet: Trump: Musk hat Starlink-Drosselung für Ukraine aufgehoben (de), Aftenposten Trump har ringt Musk og bedt ham oppheve Starlink-begrensning, ifølge WSJs kilder (no)

  3. Hacker starten „Millionen“ von Angriffen, um eine weltweite PHP-Sicherheitslücke auszunutzen

    Sam Clark / POLITICO Europe (German) /

    Also: Bloomberg OpenAI Helped Find Potentially Catastrophic Cyber Flaw, Sky News The PHP internet crisis could just be the beginning, The Guardian Websites across world hit by millions of attempts to exploit PHP code flaw, The New York Times PHP Security Flaw Sets Off Global Rush to Patch, Leaving Websites Offline · see all

    In other languages: Handelsblatt Cybersecurity: Sicherheitslücke in Programmiersprache: 70 Prozent aller Websites betroffen (de), Jornal de Negócios Falha de cibersegurança na linguagem PHP obriga a desligar sites em todo o mundo (pt), Diario Financiero Los sitios web de todo el mundo corren para corregir una falla de seguridad en PHP (es), Frankfurter Allgemeine Programmiersprache PHP: Die alte IT wird zur Gefahr (de), NRC ‘Vertrouw me maar, bro.’ Een uiterst vaag bericht op een forum voor techneuten luidde de PHP-onrust in (nl) · see all

  4. US Proposes Curbs on Investment in Chinese Biotech Firms

    Madison Muller / Bloomberg /

    Also: Financial Times US Treasury proposes tighter rules on investing in sensitive Chinese tech

  5. Oil prices approach Iran-war highs as soaring tanker rates trigger a second energy squeeze

    Myra P. Saefong / MarketWatch /

    Also: The Guardian Oil prices jump to five-month high as attacks threaten global supply

  6. SK Data Center Arm in Talks to Fund $350 Billion AI Buildout

    Yoolim Lee and Shery Ahn / Bloomberg /

  7. Hackers Morph Exposed AI Models Into Tools for Cybercrime

    Jordan Robertson / Bloomberg /

    In other languages: La Nación Empresas y gobiernos del mundo se apuran a corregir una vulnerabilidad que los expone a millones de intentos de ataque (es), Süddeutsche Zeitung Podcast: „Auf den Punkt“: Die PHP-Sicherheitslücke – und was KI damit zu tun hat (de), NRC Massale paniek over PHP-probleem verdient breder debat over digitale afhankelijkheid (nl), Svenska Dagbladet Varnar efter säkerhetshålen i PHP (sv) · see all

  8. Barclays to Cut 5,000 Jobs in A.I.-Driven Push to Lower Costs

    James Paton / The New York Times /

    Also: Bloomberg Barclays to Cut 5,000 Jobs in AI Push, The Guardian Barclays to cut 5,000 jobs as bank’s bosses hail AI productivity advances

    In other languages: Le Figaro Avec l’adoption de l’IA, la banque britannique Barclays va supprimer environ 5000 emplois (fr), Estadão Barclays prevê demitir 5 mil funcionários e cita ganhos de produtividade com IA (pt), Handelsblatt Künstliche Intelligenz: Nach KI-Investitionen: Großbank Barclays streicht 5.000 Jobs (de), Le Temps La banque Barclays annonce supprimer environ 5000 emplois, qu’elle remplace par l’IA (fr) · see all

  9. Amid Starlink crisis, Finnish tech giants announce plan to help Ukraine build its own sovereign satellite system

    Abbey Fenbert / The Kyiv Independent /

  10. OpenAI trims valuation target to $1.25tn after pitching higher price

    Financial Times /

    Also: Bloomberg OpenAI Shifts Value to $1.25 Trillion as Funding Talks Finalize

  11. Myanmar to import Russian LNG

    IntelliNews - Phnom Penh Bureau / bne IntelliNews /

  12. Even as Beijing boosts oversight, Chinese investors continue pivot to offshore assets

    Ralph Jennings / South China Morning Post /

  13. Shell and Exxon’s $8bn UK chemicals unit put up for sale

    Financial Times /

    Also: Bloomberg Shell and Exxon Put $8 Billion Chemical Unit on Block, FT Says

    In other languages: Diario Financiero Shell y Exxon evalúan la venta de su unidad química británica por US$ 8.000 millones (es)

  14. Crypto capture of foreign aid

    Sumit Agarwal / CEPR /

  15. China’s Most Controversial Region Has Become a Showcase for Its Commercial Ambitions

    Brian Spegele / The Wall Street Journal /

  16. AI is reshaping high-stakes elections around the world

    Brendan Ruberry / Semafor /

  17. UK to relax post-2008 rules that hold City bosses accountable for wrongdoing

    The Guardian /

    Also: Financial Times UK waters down ‘fit and proper’ rules set up to hold bankers to account

  18. Black Sea Petroleum says Georgia refinery running on non-Russian crude, seeks removal from EU sanctions list

    bne IntelliNews /

  19. Iran Threatens Wider Strikes on Economic and Civilian Targets if U.S. Attacks

    Alexander Ward / The Wall Street Journal /

  20. U.A.E. Diplomat Jolts Deadlocked U.N. Leadership Race

    James T. Areddy / The Wall Street Journal /

  21. Sharp drops for AI stocks overwhelm markets worldwide as oil prices jump

    The Guardian /

  22. Wall Street piles into Hong Kong’s dim sum bonds despite fading yuan funding edge: BofA

    Peggy Ye / South China Morning Post /

  23. China medtech exports surge, challenging global incumbents

    Jeronimo Gonzalez / Semafor /

  24. Grid operator says lights will stay on this winter after concerns

    BBC /

Earlier today

  1. SpaceX in Talks to Access 80,000 Cell Sites for New Network

    Kelcee Griffis / Bloomberg /

  2. China AI Model Stocks’ $150 Billion Drop Shows No Sign of Easing

    Jeanny Yu / Bloomberg /

  3. Macron bans non-union protests amid France unrest

    Brendan Ruberry / Semafor /

  4. Why IBM Walked Out of India

    Asianometry /

  5. Xenophobia’s high price — why ConCourt’s defence of refugees matters for us all

    Professor Balthazar / Daily Maverick /