THE MOAT

The business of the world.

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

THE MOAT as it stood at 28 October 2026, 16:47 Brussels time · Archive · Today’s page

The Federal Reserve Will Release Its Interest Rate Decision Today. Here’s What to Watch.

Colby Smith / The New York Times /

Also: Bloomberg Sprake: Fed Now Concerned About High Energy Prices, The Globe and Mail U.S. Fed expected to hold rates as attention shifts to longer-term rate path, The Guardian Fed set to hold interest rates steady in last decision before midterms

In other languages: Le Figaro Le gaz européen atteint les 100 euros le mégawattheure, une première depuis 2022 (fr), Der Standard Europäischer Gaspreis erstmals seit 2022 auf 100 Euro (de), Valor Econômico Juros futuros têm alta forte após alívio da véspera, de olho em novo governo Lula e Fed (pt), Estadão Economistas e mercado esperam manutenção dos juros pelo Fed a 6 dias de eleições nos EUA (pt), Jornal de Negócios Fed deve manter juros, mas pode haver surpresas. Subida em dezembro dada como garantida (pt), Dagens industri Bedömare: Då kan Fed sänka teknikaktier (sv), Handelsblatt US-Börsen: Anleger an der Wall Street vor Fed-Entscheid zurückhaltend – Ölpreise ziehen an (de) · see all

  1. UK Budget Offers Some Tax Relief Now, Plenty More Pain Later

    Giovanna Coi / Bloomberg /

    Also: Financial Times Healey hits banks and savers with tax rises in Budget ‘for working people’, POLITICO Europe Healey targets Brits’ energy costs, raids banks in first budget, The Guardian Chancellor targets cost of living crisis in budget for a ‘difficult moment’

  2. UK growth forecast for 2027 slashed despite Healey’s budget measures

    The Guardian /

    Also: Bloomberg UK Budget Day: Here's What to Expect From Healey, Financial Times Healey avoids bond market wobble with ‘uneventful’ first Budget, Sky News Britain’s debt is piling up faster than ever | What it means for the budget - Wilfred Frost analysis, Euronews UK budget: Here’s five key takeaways from the Chancellor’s speech · see all

  3. Spain’s Second High-Speed Train Crash This Year Leaves Dozens Dead

    Ed Frankl / The Wall Street Journal /

    Also: The Guardian Second fatal train collision this year casts doubt over Spain’s high-speed rail network, POLITICO Europe At least 68 people die in major Spanish train crash, El País What is the LZB signaling system, one of the key factors in the fatal train accident in Spain?, The Telegraph Two high-speed trains crash in Toledo, Spain, Sky News BREAKING: Dozens die in high-speed train crash in Spain · see all

  4. Yemen's Houthis attack Saudi Arabia's largest oil refinery

    Jeronimo Gonzalez / Semafor /

    Also: Bloomberg Saudi Arabia’s Oil Exports Are Booming Despite Wave of Attacks, Al-Monitor Yemen's Houthis say they launched an attack on Saudi Ras Tanura oil refinery, The National Oil prices up due to Houthi strikes and US threat to renew Iran war

  5. Wendy’s receives $1.4-billion take-private offer from Trian

    The Globe and Mail /

    Also: Financial Times Peltz’s Trian makes $3.8bn take-private offer for fast-food chain Wendy’s

  6. South Korea fines Google, Apple for pushing app developers onto their payment systems

    Euronews /

    In other languages: Dagens industri Sydkorea bötfäller Google och Apple (sv)

  7. Qatari mediators present Iran with new deal to end the war, official says

    Daily Maverick /

    Also: Al-Monitor Qatari mediators present Iran with new deal to end the war, official says

    In other languages: Valor Econômico Mediadores do Catar apresentam proposta ao Irã para encerrar guerra (pt)

  8. Ukraine Strikes Russia’s Largest Steel Plant, Chemical Factory Amid 531 Drone Claims

    Julia Struck-Feshchenko / Kyiv Post /

    Also: The Kyiv Independent Ukraine paused attacks on oil refineries for 3 days as Russia continued strikes on energy infrastructure, Zelensky says, bne IntelliNews Missile War Monitor: Ukrainian drones damage the industrial zone of Russia's Novomoskovsk, home to the Azot chemical plant

  9. World Bank Raises Commodity Price Outlook Citing War and El Niño

    Jorgelina do Rosario / Bloomberg /

    In other languages: Valor Econômico Banco Mundial prevê alta de 23% nos preços das commodities em 2026 (pt)

  10. Flávio Bolsonaro arrives in Miami after fleeing Brazil via Argentina

    bne IntelliNews /

    Also: The Wall Street Journal Bolsonaro Lands in Miami After Fleeing Brazil, El País Flávio Bolsonaro lands in Miami after fleeing Brazil via Argentina

  11. Canada and UAE sign trade, defence and energy agreements

    The Globe and Mail /

    Also: Semafor Canada, UAE boost trade network under new deal

  12. European gas price crosses €100 for first time since 2022 as EU warns of new crisis

    Euronews /

  13. Bank of Canada raises key interest rate to 2.5%, marking first increase in three years

    The Globe and Mail /

    Also: Bloomberg Bank of Canada Raises Interest Rates to 2.5%, First Hike Since 2023

  14. Iranians face energy squeeze from war as natural gas runs short

    Financial Times /

    Also: Al-Monitor Iranians cut essentials and put dreams on hold as war-hit economy bites

  15. Ambani’s Jio to make Mumbai trading debut after record US$3.2 billion India IPO

    The Business Times /

    Also: Bloomberg Jio’s IPO Surge Ends Tata’s Reign as Most Valuable India Group, The National Reliance’s Jio soars on market debut after Indian record $3.1bn IPO, The New York Times Jio’s Blockbuster I.P.O. Gives India’s Investors a Lift · see all

    In other languages: Expansión La 'teleco' india Jio sube un 22% en su debut en Bolsa y se valora en 118.000 millones de euros (es)

  16. India only major emerging economy set to reduce debt ratio by 2031: RBI Deputy Governor

    The Economic Times /

  17. AI Data-Center Borrowing May Test Credit Market: Fortress

    Bloomberg /

  18. European gas prices jump above €100 on fears of Iran war escalation

    Financial Times /

  19. SK Hynix profits soar amid roaring AI chip demand

    Financial Times /

    Also: Bloomberg SK Hynix Posts Record Profit Amid AI Rush, The Business Times SK Hynix posts 7-fold jump in Q3 profit, unveils shareholder return plan worth US$75 billion

    In other languages: The Korea Economic Daily (Hankyung) SK하닉, 분기 매출 첫 100조 돌파…100원 팔아 80원 남겼다 [종합] (ko), Handelsblatt Chip-Hersteller: Nvidia-Zulieferer SK Hynix vervielfacht Gewinn – KI-Boom treibt an (de), Jornal de Negócios Wall Street mista de olho na Fed. Gás na Europa supera 100 euros pela primeira vez desde 2022 (pt)

  20. UK announces 'biggest ever' Ukraine support package of $13 billion in 2027

    Chris Powers / The Kyiv Independent /

  21. U.S.-aligned countries, led by Asia, slash U.S. Treasury purchases by 60%

    The Japan Times /

    Also: The Business Times Chinese government to speed bond sales to stimulate growth

  22. Ghana Stock Exchange could get its largest-ever IPO as Chai Energy targets $300mn

    bne IntelliNews /

  23. FTC Sues Dollar General Amid Growing Consumer Doubts Over Pricing

    Kim Bhasin / The New York Times /

  24. Nigeria, Algeria, Liberia… African governments woo oil investors in licensing revival

    ‘Femi Asu / The Africa Report /

Earlier today

  1. Anthropic Mum on Investment Grade as It Warns of More Debt

    Davide Barbuscia and Paula Seligson / Bloomberg /

  2. The Fed Is Off Its Own Reaction Function. It Should Tell Us Why.

    Jason Furman / Peterson Institute (PIIE) /

  3. Budget 2026: key points at a glance

    Jasper Jolly and Peter Walker / The Guardian /

  4. Bullish Treasury Bets Face Reversal Risk From Hawkish Fed

    Edward Bolingbroke and Greg Ritchie / Bloomberg /

  5. Brazilian markets tumble on Lula's election victory

    Jeronimo Gonzalez / Semafor /