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THE MOAT as it stood at 26 October 2026, 13:47 Brussels time · Archive · Today’s page

Brazil’s markets set to tumble as investors bet Lula will add to fiscal pain

Financial Times /

Also: The Economic Times India’s ‘dear friend’ is back in power in Brazil, and a $30 billion trade opportunity is on the table, Bloomberg Brazil Catches Investors Leaning the Wrong Way, The Wall Street Journal Brazil-Exposed Companies Slide After Surprise Lula Victory

In other languages: La Nación El triunfo sorpresivo de Lula en Brasil presiona al riesgo país argentino y Mercado Libre se desploma en Wall Street (es)

  1. EQT to buy Range Resources in natural gas megadeal

    Financial Times /

    Also: The Globe and Mail EQT to acquire Range Resources, creating U.S. gas giant, Bloomberg EQT to Buy Range Resources, Creating Largest US Gas Producer

    In other languages: Handelsblatt Gas: EQT schluckt Range Resources bei Milliarden-Übernahme (de)

  2. French Bond Rout Draws Australia Pension Into Market Others Shun

    Ruth Carson and David Finnerty / Bloomberg /

    Also: Financial Times Meta plans $95bn stock offering to bankroll AI expansion, The Globe and Mail Meta to raise up to $95-billion in equity to fund costly AI expansion, Semafor Meta announces $95B offering to fund AI, The Wall Street Journal ECB Expected to Leave Key Rate Unchanged Amid French Bond Drama, The Guardian Meta announces $95bn fundraising drive to pay for AI expansion – business live · see all

  3. Lula wins Brazil’s presidency for a fourth time with 51.8% of the vote

    MercoPress /

    Also: The Guardian Lula wins historic fourth term as Brazilian president in defeat of far-right Flávio Bolsonaro, The Wall Street Journal Lula Wins Fourth Term in Brazil Election Upset, Daily Maverick Lula, Brazil’s iconic working class president, wins historic fourth term in dramatic comeback, Bloomberg Markets Brace After Lula's Surprise Comeback Win In Brazil Elections, Bloomberg Lula Wins Brazil's Presidential Election, Real Futures, Japan ETF Slide, Bloomberg Brazil Markets Set to Plunge on Lula’s Improbable Election Win, El País Lula pulls off a historic comeback in Brazil and leads the left to victory over Flávio Bolsonaro, Sky News Lula re-elected president in Brazil - as Flavio Bolsonaro calls for result to be annulled, The Economist From this day, fourth: Lula’s surprise win, Financial Times Lula is re-elected Brazil’s president in knife-edge vote, Semafor Brazil’s Lula wins shock reelection · see all

    In other languages: Diario Financiero Sorpresa en Brasil: Lula logra histórica reelección, pero Bolsonaro desconoce resultados y anuncia impugnación (es), Le Temps «Le fascisme a été stoppé en Amérique latine»: Lula reste à la tête du Brésil après un scrutin historique à plus d’un titre (fr), Handelsblatt Südamerika: Lula gewinnt Präsidentschaftswahl in Brasilien – Bolsonaro erkennt Ergebnis nicht an (de), Valor Econômico Em virada histórica, Lula se reelege e quebra onda mundial de avanço da direita (pt), La Nación Ganó Lula en Brasil: cómo impactará en los mercados, las exportaciones argentinas y las vacaciones de verano (es), Estadão Lula precisará dar forte guinada na economia para evitar que disparada do dólar vire uma recessão (pt), Svenska Dagbladet Brasilien förlänger valet (sv), Aftenposten Brasils høyesterett har besluttet å utvide valglokalenes åpningstider (no), NRC Lula verrast en wint presidentsverkiezingen in Brazilië (nl), Dagens industri Lula omvald i Brasilien – ifrågasätts av Bolsonaro (sv) · see all

  4. AI Agents Are Already Changing the Price of Goods

    Joe Weisenthal and Tracy Alloway / Bloomberg /

    Also: Odd Lots AI Agents Are Already Changing the Price of Goods

    In other languages: Valor Econômico Agentes de IA começam a transformar as rotinas nas grandes companhias (pt), Handelsblatt Künstliche Intelligenz: „Wir können diese Agenten schon heute nicht kontrollieren“ (de)

  5. Serbian Strongman Vucic Concedes Defeat in Snap Elections

    Marina Zec / Balkan Insight (BIRN) /

    Also: The Guardian Serbian leader Aleksandar Vučić ousted by student movement in seismic election, The New York Times Aleksandar Vucic Concedes Defeat in Serbian Election

    In other languages: Svenska Dagbladet Historiskt skifte: Vučić erkänner sig besegrad (sv)

  6. Oil plunges more than 6% from near wartime highs as diplomacy over Iran seemingly gathers pace

    Euronews /

    Also: The Wall Street Journal Oil Prices Fall as Traders Weigh U.S.-Iran Diplomacy, Saudi Attacks, Financial Times Oil price falls back as traders remain focused on Middle East conflict

  7. Musk says SpaceX raised US$40 billion in debt for GPUs

    The Business Times /

    Also: Bloomberg Musk Says $40 Billion Debt Deal for AI Chips Has Closed, The Guardian US military gives Elon Musk’s SpaceX access to sensitive tracking data

    In other languages: Rzeczpospolita Przełom ws. Starlinków na Ukrainie. „Zaczęły działać przy prędkości 420 km/godz.” (pl), Neue Zürcher Zeitung Die EU will SpaceX aus strategischen Gründen ausbremsen – die USA reagieren mit Drohungen (de), Le Temps SpaceX emprunte 40 milliards de dollars pour financer l’achat de processeurs graphiques utilisés dans l’IA (fr), Valor Econômico Musk diz que SpaceX captou US$ 40 bi em dívida para comprar GPUs (pt), Handelsblatt +++ Ukraine-Krieg +++: Ukraine weist Vorwürfe von Musk zu Starlink-Nutzung für Offensivangriffe zurück (de), Diario Financiero Musk afirma que SpaceX cerró un acuerdo de deuda por US$ 40 mil millones para impulsar su negocio de IA (es) · see all

  8. Markets brace for uncertainty after Lula win in Brazil

    Marta Biino / Semafor /

    Also: Bloomberg Brazil Braces for More Market Turbulence: Market Analysis

  9. Centre committed to reducing fiscal deficit, national debt to be capped at 50% of GDP by 2030: FM Sitharaman

    Mint /

  10. Federal Reserve expected to tap brakes on rate hikes

    Eleanor Mueller / Semafor /

    Also: The Globe and Mail U.S. Fed signals it will hold rates, but maybe not for long

  11. Russia May Seek NATO Rollback to 1997 in Ukraine Talks

    Kyiv Post /

  12. Meta Seeks Up to $95 Billion in Equity to Fund AI Spending

    David Morris / Bloomberg /

  13. US holding up air defense missiles for Ukraine for nearly a month, Zelensky says

    Tim Zadorozhnyy / The Kyiv Independent /

  14. Healey to shield low-income pensioners from income tax in the Budget

    BBC /

    Also: Bloomberg UK Budget Preview: Burnham and Healey’s Grip on Gilts and Business Tested

  15. How Houthi attacks have grounded flights across Saudi Arabia

    Al-Monitor /

  16. Top officials from Mecca pact countries to meet Iranian officials in Tehran on Monday, two sources say

    Al-Monitor /

    Also: Daily Maverick Officials from Mecca pact countries to meet Iranian officials in Tehran on Monday

  17. Commission launches T-MED Investment Platform with up to €4.5 billion in EU guarantees

    European Commission /

  18. Saudi Arabia to increase electricity and water charges

    Financial Times /

  19. European gas prices soar to four-year high over winter supply fears

    Lauren Almeida / The Guardian /

  20. Chinese carmakers overtake Japan in Europe for first time

    The Business Times /

    Also: The Japan Times Chinese carmakers overtake Japan in Europe for first time

  21. The Specter of an AI-Driven Slowdown

    Dambisa Moyo / Project Syndicate /

  22. In a global first, Hong Kong opens secondary trading for tokenised public funds

    Tim Yuen Lingk / South China Morning Post /

  23. The difficult reality of cutting China out of supply chains

    Prashant Rao / Semafor /

  24. Ukrainian strike reportedly damages chemical plant in Russia's Voronezh

    Asami Terajima / The Kyiv Independent /

Earlier today

  1. Brazil Extends Voting by Two Hours After Briefly Starting Count

    Daniel Carvalho / Bloomberg /

  2. After stunning victory, Lula will face a deep hangover

    Financial Times /

  3. Elon Musk Says Ukraine Violated Starlink’s Rules

    Siobhán O’Grady / The New York Times /

  4. Trump defends tariffs at rally as he says Audi to build U.S. plant

    The Japan Times /

  5. Goldman Says Yen Becoming Better Hedge Against AI Market Shock

    John Cheng / Bloomberg /