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, 19:34 Brussels time · Archive · Today’s page

Federal Reserve issues FOMC statement

Federal Reserve /

Also: The Globe and Mail U.S. Federal Reserve leaves benchmark interest rate unchanged, Bloomberg UK Budget Tests Bond Markets as Fed, ECB and Oil Risks Loom, The New York Times The Federal Reserve Will Release Its Interest Rate Decision Today. Here’s What to Watch., Financial Times Federal Reserve holds rates steady despite worsening US inflation, The National US Fed holds interest rates steady as inflation runs hot, The Guardian Fed holds interest rates steady in last decision before midterms · see all

In other languages: Asahi Shimbun FRBが政策金利を据え置き、2会合ぶり 2人が利上げ主張し反対 (ja), Valor Econômico Juros futuros têm alta forte após alívio da véspera, de olho em novo governo Lula e Fed (pt), Het Financieele Dagblad Federal Reserve laat rente ongewijzigd ondanks inflatie van ruim 3% (nl), 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 2026: Key climate and energy announcements

    Carbon Brief /

    Also: Bloomberg UK Budget Day: Here's What to Expect From Healey, The Guardian ‘A pretty grim picture’: outlook for UK living standards slashed despite Healey’s budget, Financial Times Healey hits banks and savers with tax rises in Budget ‘for working people’, The New York Times A U.K. Budget With ‘Breathing Space’ in a Time of Rising Energy Costs, POLITICO Europe Healey targets Brits’ energy costs, raids banks in first budget, The Telegraph Chancellor John Healey delivers 2026 Budget, Euronews UK budget: Here’s five key takeaways from the Chancellor’s speech, Sky News The Budget | Chancellor John Healey announces economic plans · see all

    In other languages: Jornal de Negócios Reino Unido duplica sobretaxa dos bancos para ajudar a financiar medidas sociais (pt), Neue Zürcher Zeitung Gegen hohe Energiekosten: Grossbritannien bittet die Banken zur Kasse (de), Valor Econômico Reino Unido anuncia orçamento com medidas de apoio para amenizar a alta dos preços da energia (pt), Handelsblatt Labour-Regierung: Großbritannien beschließt Soforthilfen gegen hohe Energiepreise – bezahlen sollen die Großbanken (de), Le Figaro Budget : le Royaume-Uni annonce l'augmentation d'une surtaxe sur les bénéfices des banques (fr) · see all

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

    Euronews /

    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), Cinco Días El precio del gas natural en Europa supera los 100 euros por primera vez desde 2022 (es)

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

    Jorgelina do Rosario / Bloomberg /

    Also: The National Energy prices to climb 32% this year as global shocks mount, World Bank says

    In other languages: Le Figaro Les prix des denrées alimentaires dans le monde devraient augmenter de 18% entre 2025 et 2027, selon la Banque mondiale (fr), Valor Econômico Banco Mundial prevê alta de 23% nos preços das commodities em 2026 (pt), Handelsblatt Rohstoffe: Weltbank rechnet mit weiter steigenden Lebensmittelpreisen (de), Frankfurter Allgemeine Business-Ticker: Die Weltbank erwartet weiter steigende Lebensmittelpreisen (de) · see all

  4. At least 68 people die in major Spanish train crash

    Martina Sapio / POLITICO Europe /

    Also: The Wall Street Journal Spain’s Second High-Speed Train Crash This Year Leaves Dozens Dead, The Guardian Second fatal train collision this year casts doubt over Spain’s high-speed rail network, El País What is the LZB signaling system, one of the key factors in the fatal train accident in Spain?, Bloomberg Spanish Train Crash Kills at Least 68 People South of Madrid · see all

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

    The Economic Times /

    Also: Mint India’s public debt ratio to fall to 75.1% of GDP by FY32, only major emerging economy set for a decline: RBI DG

  6. U.K. Budget Ducks Hard Choices Amid Market Concerns Over Debt

    Chelsey Dulaney / The Wall Street Journal /

    Also: Sky News Britain’s debt is piling up faster than ever | What it means for the budget - Wilfred Frost analysis

  7. Wendy’s receives $1.4-billion take-private offer from U.S. hedge fund-led group

    The Globe and Mail /

    Also: Bloomberg Peltz’s Trian Offers $1.4 Billion to Take Wendy’s Private, Financial Times Peltz’s Trian makes $3.8bn take-private offer for fast-food chain Wendy’s

    In other languages: Dagens industri Hedgefond vill köpa ut klassisk hamburgerkedja (sv)

  8. Russia says US is in talks to use its LNG technology in Alaska

    Ben Aris / bne IntelliNews /

  9. EU gas storage stalls at record low as central Europe starts drawing down

    Ben Aris / bne IntelliNews /

  10. How Africa’s fragmented payment systems are holding back cross-border trade

    John Adoyi / TechCabal /

  11. Palantir’s Defense Chief Sees Chinese Threat to Taiwan Over AI

    Maggie Eastland / Bloomberg /

  12. 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

  13. A Tale of Two Chinas

    Kenneth Rogoff / Project Syndicate /

  14. US-Friendly Nations Slash Treasury Purchases by 60%, Led by Asia

    Ruth Carson and Masaki Kondo / Bloomberg /

    Also: The Japan Times U.S.-aligned countries, led by Asia, slash U.S. Treasury purchases by 60%, The Business Times Chinese government to speed bond sales to stimulate growth

    In other languages: Valor Econômico Aliados dos EUA reduzem compras de Treasuries em mais de 60%, com queda liderada pela Ásia (pt)

  15. Analysis-Israel's election gives survivor Netanyahu a path to keep power

    Al-Monitor /

  16. Sovereign wealth funds to be taxed on UK property investments

    Financial Times /

  17. 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)

  18. 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, Financial Times Ambani’s $130bn Jio soars in India’s biggest listing, 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)

  19. Quantum computing company’s first breakthrough is in AI data centers

    Reed Albergotti / Semafor /

  20. 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)

  21. Sino–American Stability?

    Stephen S. Roach / Project Syndicate /

  22. Piraeus Bank targets €150m portfolio to finance Ukraine’s energy resilience

    bne IntelliNews /

  23. Some BP board members favor breakup of $129 billion oil giant

    Rohan Goswami / Semafor /

  24. HMRC creates list of 200 billionaires in tax crackdown on UK’s wealthiest

    Financial Times /

Earlier today

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

    Davide Barbuscia and Paula Seligson / Bloomberg /

  2. 🔮 Anthropic’s S-1 in charts

    Azeem Azhar / Exponential View /

  3. How much is Anthropic really worth?

    Financial Times /

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

    Jason Furman / Peterson Institute (PIIE) /

  5. Anthropic’s IPO needs believers to bridge it to the payoff

    Liz Hoffman / Semafor /