THE MOAT

The business of the world.

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

THE MOAT as it stood at 4 November 2026, 13:33 Brussels time · Archive · Today’s page

Democrats win control of Senate as US voters reject Trump’s agenda

Chris Stein / The Guardian /

Also: POLITICO Europe Democrats win the Senate and House as voters reject Trump

  1. US midterm blue tsunami jolts Asian markets as tighter AI, fiscal scrutiny looms

    Zhang Shidong / South China Morning Post /

  2. Euro-Zone Inflation Accelerates to Double the ECB’s Target

    Mark Schroers / Bloomberg /

    Also: Financial Times October inflation in the Eurozone keeps ECB on course for another tightening, The Wall Street Journal Eurozone Inflation Climbs Again, Driven by Energy Costs

    In other languages: Børsen Inflation rammer 4 pct. i Europa (da), Jornal de Negócios Inflação da Zona Euro dispara para 4% em outubro. Preços da energia superam os 20% (pt), Handelsblatt Geldpolitik: Inflation erreicht vier Prozent – Weitere Zinserhöhung der EZB wird wahrscheinlicher (de), El País La inflación de la zona euro repunta al 4% en octubre por el encarecimiento de la energía (es) · see all

  3. Brazilian court curbs Meta’s use of local media to train AI

    Jeronimo Gonzalez / Semafor /

    In other languages: Valor Econômico Justiça proíbe Meta de usar conteúdo sem autorização (pt), Le Figaro La justice brésilienne interdit à Meta d'utiliser des contenus de presse pour entraîner son IA (fr), Jornal de Negócios Justiça brasileira proíbe Meta de utilizar conteúdos da imprensa para treinar IA (pt), Le Temps La justice brésilienne interdit à Meta d'utiliser des contenus de presse pour entraîner son IA (fr), Estadão Justiça proíbe Meta de usar conteúdo jornalístico sem autorização após ação de ANJ, Abert e Aner (pt) · see all

  4. Cyberattackers Drain Money From French Bank Credit Mutuel Arkea

    Claudia Cohen and Jenny Che / Bloomberg /

    Also: Euronews French bank Crédit Mutuel Arkéa reports cyberattack, says customers face no losses

    In other languages: Expansión El francés Crédit Mutuel Arkéa sufre un ciberataque y le roban 118 millones de euros (es), Le Figaro Fortuneo, la banque en ligne de Crédit Mutuel Arkéa victime d’une cyberattaque ayant permis des «opérations frauduleuses» (fr)

  5. Combustion engine not dead in China, says BMW as profits slide

    Financial Times /

    Also: Euronews BMW profits fall as carmaker warns of possible 2026 loss in car division, The Business Times BMW cuts automotive outlook for second time as restructuring deepens, DW BMW reports lower Q3 earnings as China woes mount · see all

    In other languages: Handelsblatt Automobilindustrie: Gewinn von BMW schrumpft - Jobabbau wird ausgeweitet (de), Süddeutsche Zeitung Autoindustrie: Gewinn von BMW schrumpft – und es kommt noch schlimmer (de), Het Financieele Dagblad BMW schrapt meer arbeidsplaatsen na tegenvallende verkoopcijfers in China (nl), Frankfurter Allgemeine BMW in der Krise: Kein Aufbruch, nur Krisenmanagement (de), Der Spiegel BMW macht 15 Prozent weniger Gewinn – und es dürfte noch schlimmer werden (de) · see all

  6. Google to Spend $15 Billion in Malaysia Data Center Expansion

    Danial Azhar / Bloomberg /

    In other languages: Valor Econômico Google investirá US$ 15 bi na Malásia em infraestrutura digital, energia limpa e empregos (pt), Brazil Journal Por que a euforia com os data centers já corre risco (pt)

  7. Oracle cancels $7bn Tencent AI deal under Trump pressure

    Financial Times /

    Also: Bloomberg Oracle Scraps $7 Billion Deal to Lease Chips to Tencent, FT Says, The Business Times Oracle scraps US$7 billion deal to lease chips to Tencent under Trump pressure, FT reports

    In other languages: Handelsblatt KI-Chips: Oracle streicht offenbar Vertrag mit Tencent – über sieben Milliarden Dollar (de), Dagens industri Uppgifter: Oracle fimpar Tencent-avtal (sv)

  8. CVS Health plans to split in two. Here’s what is driving the massive healthcare breakup.

    Jaimy Lee / MarketWatch /

  9. Christine Lagarde: A warning from Europe's hot summer

    European Central Bank /

    Also: Bloomberg Lagarde’s Early Exit Tests ECB’s Eight-Year Terms

  10. UK to deploy facial recognition in biggest-ever immigration crackdown

    Phoebe Davis and Daniel Boffey / The Guardian /

  11. Nigeria's Dangote launches $2.5bn Walvis Bay fuel hub to supply Southern Africa’s landlocked markets

    bne IntelliNews /

  12. Binance hackers used fake interviews and social media profiles in $6.3bn heist

    Financial Times /

    Also: The Guardian Hackers behind $6.3bn Binance heist ‘used malware and bogus job interviews’, Bloomberg Binance Hackers Used Fake Job Interviews in Record Heist, Unhedged What the historic heist of Binance means for crypto, The Business Times Binance says hackers plotted US$6.3 billion heist for months, The National Binance says fake job interviews and internal AI tool used in $6.3bn heist, The Japan Times Binance hackers used fake job interviews in record heist, The Globe and Mail Hackers used fake job interview to compromise Binance in $6.3-billion attack · see all

    In other languages: Valor Econômico Hackers usaram entrevista de emprego falsa antes de roubo de US$ 6,3 bilhões da Binance (pt), Le Figaro Faux entretien d'embauche, détournement d'IA… Binance révèle le mode opératoire du piratage record dont elle a été victime (fr), Cinco Días Una falsa entrevista de trabajo: así se ejecutó el robo a Binance, el mayor hackeo de la historia cripto (es), La Nación “Campaña sofisticada”: Binance reveló que los hackers hicieron entrevistas de trabajo falsas para el robo de US$6300 millones (es), Handelsblatt Milliarden-Hack: Hacker nutzten fingiertes Vorstellungsgespräch für Attacke auf Binance (de), Asahi Shimbun 仮想通貨の盗難事件、偽の採用面接も攻撃の経路に バイナンスが発表 (ja) · see all

  13. Kenya proposes suspending trust distributions for beneficiaries who withhold ownership information

    Jonathan Wambi / bne IntelliNews /

  14. Funding to help poorer countries cope with climate crisis has stalled, says UN

    Jonathan Watts / The Guardian /

  15. AMD beats estimates on near-doubling of data center revenues

    Brendan Ruberry / Semafor /

    Also: Bloomberg AMD Forecast Exceeds Estimates as AI Chip Demand Soars, The Globe and Mail AMD forecasts quarterly revenue above estimates as data centre growth accelerates, The Business Times AMD forecasts quarterly revenue above estimates as data-centre growth accelerates

    In other languages: The Korea Economic Daily (Hankyung) "한국은 AI 미래 결정짓는 핵심 국가"… AMD 러브콜 (ko), Expansión AMD aumenta sus ingresos un 45% impulsada por sus centros de datos (es), Handelsblatt Quartalszahlen: AMD dank KI-Prozessoren mit erneutem Rekordquartal (de), Dagens industri Bättre än väntat för AMD – aktien lyfter (sv) · see all

  16. Hedge funds flag growing private credit risks amid rising rates

    The Business Times /

    Also: Bloomberg Hedge Funds Flag Growing Private Credit Risks Amid Rising Rates

  17. Poland slashes coal to half its power in four years as solar and wind double

    Ben Aris / bne IntelliNews /

  18. CMA publishes decision in strategic review of market remedies

    Competition and Markets Authority /

  19. Spain’s transport minister resigns after deadly train crash

    Ignacio Alarcón / POLITICO Europe /

    Also: The Guardian Spanish transport minister resigns after deadly train crash, MercoPress Spain’s transport minister resigns after the train crash that killed at least 69 people, The New York Times Spain’s Transport Minister Resigns After Deadly High-Speed Rail Crash

    In other languages: Diario Financiero Renuncia ministro de Transportes de España tras accidente ferroviario que dejó 69 muertos (es)

  20. Democrats Take Congress as Trump Says Iran War Is Partly to Blame for GOP Losses

    Emma Tucker / The Wall Street Journal /

  21. EU says Ukraine must speed up rule of law reforms to meet accession goals

    Chris Powers / The Kyiv Independent /

  22. Sweden’s Central Bank Latest to Lift Rates in Response to War

    Paul Hannon / The Wall Street Journal /

    In other languages: Valor Econômico Banco central da Suécia volta a elevar juros após guerra, para 2% ao ano (pt)

  23. Chinese exporters see respite as Beijing curbs yuan rise amid looming record surplus

    Emma Ma / South China Morning Post /

  24. AI-generated data found on Nigeria voter roll

    Alexander Onukwue / Semafor /

Earlier today

  1. Democrats seize control of Congress in blow to Trump, potential boost for Ukraine

    Tamara Nowakowsky / The Kyiv Independent /

  2. ECB Will Probably Have to Hike in December, Nagel Says

    Alexander Weber / Bloomberg /

  3. Franc, Yen Emerge as FX Winners as US Midterms Weaken Dollar

    Matthew Burgess / Bloomberg /

  4. Trump claims US will end military aid to Israel by end of this year

    Andrew Roth / The Guardian /

  5. Democrats sweep the midterms on a wave of rebuke to Trump’s presidency

    Iker Seisdedos García / El País /