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, 15:18 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. Christine Lagarde: A warning from Europe's hot summer

    European Central Bank /

    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, Euronews Eurozone inflation hits 4%: Which countries saw prices jump the most? · see all

    In other languages: Neue Zürcher Zeitung MELDUNGEN WIRTSCHAFT - Inflationsrate in Eurozone steigt im Oktober auf 4 Prozent +++ Niederlande schicken Klaas Knot ins Rennen um Lagarde-Nachfolge an EZB-Spitze (de), Handelsblatt EZB: Lagarde warnt: „Kosten des Klimawandels steigen und Schocks lassen sich womöglich schwerer abfedern“ (de), 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), Le Figaro À 4% en octobre, l’inflation dans la zone euro atteint un nouveau sommet depuis trois ans (fr), El País La inflación de la zona euro repunta al 4% en octubre por el encarecimiento de la energía (es), Het Financieele Dagblad Nederland draagt Knot voor als kandidaat voor ECB-presidentschap (nl) · see all

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

    Financial Times /

    Also: The Guardian BMW warns on profits as it counts cost of plan for 8,000 job cuts, DW BMW reports lower Q3 earnings as China woes mount

    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 heeft het lek in China nog niet boven, schrapt meer arbeidsplaatsen (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), Jornal de Negócios Lucro da BMW cai 24% até setembro. CEO vai acelerar reestruturação (pt) · 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: Le Monde French bank hit by cyberattack, losses estimated at €118 million, 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. CVS Health plans to split in two. Here’s what is driving the massive healthcare breakup.

    Jaimy Lee / MarketWatch /

    Also: The New York Times CVS to Split Off Pharmacy Business, Ending the Healthcare Conglomerate Era, Semafor CVS confirms it will split pharmacy business from insurance

  6. 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: Jornal de Negócios Boicote de Trump à China leva Oracle a rasgar acordo de sete mil milhões com Tencent (pt), Handelsblatt KI-Chips: Oracle streicht offenbar Vertrag mit Tencent – über sieben Milliarden Dollar (de), Dagens industri Uppgifter: Oracle fimpar Tencent-avtal (sv)

  7. Treasury opens the door to changes in how it finances the growing U.S. debt. Here’s what you need to know.

    Greg Robb / MarketWatch /

    Also: Bloomberg Treasury Revamps Debt-Sale Guidance, Holds Auctions Steady

  8. 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)

  9. The Business Fallout From a Blue Wave

    The New York Times /

  10. Tesla and SpaceX shares slide as Musk’s political push falls flat

    William Gavin / MarketWatch /

    Also: The Globe and Mail Elon Musk’s businesses brace for greater scrutiny as blue wave flips Texas

  11. Copper and conflict trigger profit surge for Buffett-backed Japanese commodity traders

    Financial Times /

    In other languages: Asahi Shimbun 総合商社4社が上方修正、三菱商事など最高益へ 中東情勢で資源高騰 (ja)

  12. The war in Ukraine, sanctions, and the Russian war economy

    Cecilia Malmström and Elina Ribakova / Peterson Institute (PIIE) /

  13. Norway, Finland, Poland Expand Civilian Military Training Amid Russian Threat

    Kyiv Post /

  14. A VC-backed path to commercial nuclear power

    Lara Pierpoint / Latitude Media /

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

    Phoebe Davis and Daniel Boffey / The Guardian /

  16. US voters roundly reject data centers in ballot measures

    J.D. Capelouto / Semafor /

  17. Russian Attacks Delay Repairs as Kyiv Faces Prolonged Blackouts, Zelensky Says

    Kyiv Post /

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

    bne IntelliNews /

  19. Hackers behind $6.3bn Binance heist ‘used malware and bogus job interviews’

    The Guardian /

    Also: Unhedged What the historic heist of Binance means for crypto, Financial Times What the historic heist of Binance means for crypto, The Japan Times Binance hackers used fake job interviews in record heist, 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

    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

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

    Jonathan Wambi / bne IntelliNews /

  21. Ukraine Eyes 7 EU Chapter Closures in Early 2027

    Kyiv Post /

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

    Ignacio Alarcón / POLITICO Europe /

    Also: The Guardian Spanish transport minister resigns after deadly train crash, 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)

  23. 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

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. Hackers used fake job interview to compromise Binance in $6.3-billion attack

    Jack Kim / The Globe and Mail /