THE MOAT

The business of the world.

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

THE MOAT as it stood at 29 October 2026, 22:18 Brussels time · Archive · Today’s page

Press statement by Eurogroup President Kyriakos Pierrakakis following the announcement of the President of the European Central Bank, Christine Lagarde, to step down on 7 February 2027

Council of the EU /

Also: Euronews ECB President Christine Lagarde to step down next February, months before her mandate ends, The Japan Times ECB President Lagarde resigns at time of mounting challenges for Europe, Bloomberg ECB Officials Are Ready to Raise Interest Rates in December, MercoPress Christine Lagarde to step down early as European Central Bank president in February, Le Monde ECB President Christine Lagarde to step down early, The Economist Christine Lagarde departs at a moment of peril, The Wall Street Journal Christine Lagarde to Resign Early as ECB President, Semafor European Central Bank chief Christine Lagarde to step down, POLITICO Europe Lagarde’s early exit Le Pen-proofs ECB as France veers toward a debt reckoning, The Guardian Europe’s central bank chief, Christine Lagarde, steps down for ‘freedom of speech’, Financial Times Christine Lagarde to step down as ECB president in February, The New York Times Christine Lagarde to Step Down as President of European Central Bank, The Globe and Mail Lagarde quits ECB early to speak on issues outside monetary policy · see all

In other languages: Jornal de Negócios Lagarde sai para ter "liberdade de intervenção" e garante que não haverá decisões do BCE "no limbo" (pt), Der Standard EZB-Chefin Lagarde kündigt Rücktritt im Februar an, Leitzins bleibt stabil (de), The Korea Economic Daily (Hankyung) [속보] ECB 금리 동결, 예금금리 연 2.50% (ko), Estadão Christine Lagarde renuncia à presidência do Banco Central Europeu e deixará cargo em fevereiro (pt), Børsen Krise efter krise fik hun ECB til at stå sammen. Nu går Lagarde af (da), Handelsblatt Geldpolitik: EZB: Keine Zinserhöhung trotz steigender Inflation (de), NRC Lagarde treedt vervroegd terug als ECB-president. Gaat ze een rol spelen in de Franse campagne? (nl), Svenska Dagbladet Christine Lagarde avgår som ECB-chef (sv), Expansión Lagarde anuncia que deja la presidencia del BCE el 7 de febrero (es), Rzeczpospolita Szefowa Europejskiego Banku Centralnego odejdzie ze stanowiska (pl), Het Financieele Dagblad ECB-president Lagarde vertrekt in februari, voor het einde van haar termijn (nl), Süddeutsche Zeitung Finanzen: EZB-Präsidentin Lagarde wird im Februar vorzeitig abtreten (de), Diario Financiero La presidenta del BCE, Christine Lagarde, dimite y dejará el cargo el 7 de febrero (es), Der Spiegel Christine Lagarde: EZB-Chefin tritt vorzeitig zurück (de), Frankfurter Allgemeine Am 7. Februar 2027: EZB-Präsidentin Lagarde tritt im Februar vorzeitig zurück (de), Dagens Næringsliv Sentralbanksjef Christine Lagarde vil gå av før tiden (no), Dagens industri Bekräftat: ECB-chefen lämnar i förtid (sv), Le Temps Christine Lagarde, l’art du consensus à l’épreuve des crises (fr), Valor Econômico Christine Lagarde deixará presidência do BCE em fevereiro de 2027, oito meses antes do fim do mandato (pt), Asahi Shimbun 欧州中銀のラガルド総裁が来年2月退任へ フランス大統領選を懸念か (ja), Le Figaro Après le départ de Christine Lagarde, pourquoi la France est mal partie pour conserver la présidence de la BCE (fr) · see all

  1. In Moving Gradually, Fed Risks Having to Play Catch-Up to Quell Inflation

    Colby Smith / The New York Times /

    Also: Financial Times Strong US inflation and growth will keep Fed on a tightening path, The Globe and Mail U.S. inflation heats up in September, supporting expectations of Fed rate hike, Bloomberg Fed’s Path to a Repo-Based Framework Faces a Familiar Roadblock, MarketWatch Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last with prices still rising. · see all

    In other languages: Valor Econômico Bitcoin fica perto de US$ 80 mil após Fed e balanços de tecnologia nos EUA (pt), Expansión La Fed, el dólar y las tecnológicas amenazan los 80.000 dólares del bitcoin (es), Dagens industri Experten om Fed-beskedet: Tonen lite duvaktig (sv), Handelsblatt Preise: Wichtiges US-Inflationsmaß steigt – Druck auf Fed wächst (de), Jornal de Negócios Indicador de inflação preferido da Fed regista maior subida em cadeia dos últimos seis meses (pt) · see all

  2. DoorDash to Buy Instacart for $17 Billion, Uniting 2 Delivery Giants

    Emmy Martin and Lauren McCarthy / The New York Times /

    Also: Financial Times DoorDash to acquire Instacart for $17bn, The Guardian DoorDash to buy Instacart for $17bn in major grocery delivery consolidation, Bloomberg DoorDash to Buy Rival Instacart in $17 Billion Deal

    In other languages: Brazil Journal DoorDash compra Instacart por US$ 17 bilhões (pt), Handelsblatt Lieferdienste: US-Essenslieferant Doordash kauft Konkurrenten Instacart für 17 Milliarden Dollar (de), Valor Econômico DoorDash compra rival Instacart por US$ 17 bilhões (pt)

  3. Microsoft to raise up to $25 billion in bond market as investors get pickier about AI debt binge

    Joy Wiltermuth / MarketWatch /

    Also: The Globe and Mail Microsoft plans to raise $25-billion in U.S. bond sale, source says

    In other languages: Handelsblatt Geldpolitik: US-Inflation bleibt hoch: Anleihemarkt preist bereits die nächste Zinserhöhung in den USA ein (de), Cinco Días Microsoft se une la avalancha financiera de la IA con una emisión de deuda de 25.000 millones (es), Valor Econômico Microsoft anuncia nova emissão de títulos de dívida e amplia onda de endividamento para IA (pt)

  4. Amazon Spending Soars Amid Slowing Growth of Online Business

    Matt Day / Bloomberg /

    Also: The Globe and Mail Amazon projects fourth quarter sales below estimates, stoking demand concerns

  5. Exclusive-Greek PM calls Turkey-Libya maritime deal 'void;' calls for global truce after Black Sea attacks

    Al-Monitor /

  6. Raizen Business Split Gives Shell Some Rights Over Fuel Unit

    Rachel Gamarski and Dayanne Sousa / Bloomberg /

    In other languages: Brazil Journal Raízen fecha acordo tributário épico, extinguindo R$ 22 bi em dívidas (pt)

  7. Exclusive: Peter Thiel-Backed Nuclear Fuel Startup Hits a Key Regulatory Milestone

    Alexander C. Kaufman / Heatmap /

  8. New Jersey governor threatens to block delivery of Russian diesel cargoes

    Financial Times /

    In other languages: Valor Econômico Primeiro navio com diesel russo após acordo entre Putin e Trump segue para os EUA, diz agência (pt)

  9. Telesat evaluates alternatives as December deadline to repay debt looms

    Alexandra Posadzki / The Globe and Mail /

  10. Ukraine heads for first economic decline since 2022 as Russian strikes take their toll

    Dominic Culverwell / The Kyiv Independent /

    Also: Bloomberg Ukraine Economy to Shrink For the First Time Since Full-Scale War

  11. Intel shares plunge 20% as it signals slower growth amid PC market under pressure

    Anhata Rooprai and Max A. Cherney / The Globe and Mail /

    Also: Bloomberg Intel Plunges After PC Slump and Supply Snags Hurt Outlook

  12. Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall Street

    Karen Weise / The New York Times /

  13. EU governments helpless as energy prices soar to four-year highs

    Ben Munster and Elena Giordano / POLITICO Europe /

  14. Why did Russia agree to the Oleshky ceasefire?

    Yuliia Taradiuk / The Kyiv Independent /

  15. Ottawa buys $1.6-billion stake in Cohere as AI firm’s valuation soars to $35.7-billion

    Murad Hemmadi and Joe Castaldo / The Globe and Mail /

  16. Xi Jinping elevates general who led purge of China’s military

    Financial Times /

    Also: The Wall Street Journal China’s Xi Demands More Loyalty as Purges Trim Party Elite

  17. Japan’s Cyberattack Surge Tests Its Push to Strengthen Defenses

    Mark Anderson / Bloomberg /

  18. DHS cites risk to more than 40,000 personnel in effort to take leaked data offline

    Maanvi Singh / The Guardian /

  19. US offers Russia business deals to end Ukraine war

    Ben Aris / bne IntelliNews /

  20. Palisades nuclear plant will restart before end of year, Chris Wright says during visit to 'zombie reactor'

    Cody Combs / The National /

  21. Shell profits double to $10.8bn as Iran war pushes up margin on oil

    The Guardian /

    Also: Bloomberg Shell Lifts Buyback to $5 Billion as Refining Windfall Grows

    In other languages: Der Spiegel Shell und TotalEnergies: Europäische Ölkonzerne machen Milliardengewinne – im Quartal (de)

  22. UN says world can no longer avoid overshooting 1.5C, sets new emissions cuts

    Ben Aris / bne IntelliNews /

  23. Google owner Alphabet loses $500bn in market value after profit disappoints Wall Street

    Agence France-Presse / The Guardian /

  24. Are data centers ready to pay double to unclog the grid?

    Catherine Boudreau / Latitude Media /

Earlier today

  1. Federal Reserve issues FOMC statement

    Federal Reserve /

  2. Fed Will Hold Fewer Rate-Setting Meetings Starting Next Year

    Ben Casselman / The New York Times /

  3. Fed Holds Fire as Warsh Telegraphs More Hikes Without Saying It

    Andrew Ackerman / Bloomberg /

  4. Alphabet Plunges by Record With AI Exposure Topping $1 Trillion

    Davey Alba / Bloomberg /

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

    Chelsey Dulaney / The Wall Street Journal /