A $60 billion bank financing package will allow Anthropic to lease Broadcom chips at scale, with Blackstone leading an $18 billion junior tranche.
Posted inMarkets
OPEC+ Freezes November Output as Middle East War Keeps Production Below Quota
OPEC+ froze November output targets on October 4, pausing months of quota hikes as Middle East war keeps members’ actual output well below official levels.
Posted inEconomy
US Services Sector Holds at 55.1 in September as Fed Hold Bets Reach 84%
The ISM Services PMI for September came in at 55.1 on October 5, signalling continued services expansion even as the Fed-hold odds climbed to 84%.
Posted inGeopolitics
Merz Pledges €1.35 Billion in Kyiv as Russian Drone Strikes the Northern Bridge
Friedrich Merz pledged €1.35 billion in Kyiv aid on October 4, as a Russian drone hit the Northern Bridge during his unannounced visit to Ukraine.
Posted inWorld
North Korea Tests Missile Claiming AI-Guided Evasion of Defense Systems
North Korea fired an intermediate-range missile from its Wonsan coast on October 3, claiming the weapon uses AI to evade enemy air defenses mid-flight.
Posted inTech
EU Regulators Set to Designate AWS and Azure as Digital Markets Act Gatekeepers
European Commission investigators are finalising a Digital Markets Act probe that is expected to designate Amazon Web Services and Microsoft Azure as cloud gatekeepers, imposing interoperability mandates by late 2026.
Posted inMarkets
Gold Slips to $4,140 as Weak Payrolls Fail to Offset Rising Yields
Gold fell 0.9 percent to $4,140 on Friday after September’s 29,000 payrolls print failed to hold yields lower, with the 10-year Treasury climbing back toward 5.26 percent and the dollar near a 17-month high.
Posted inEconomy
Eurozone Manufacturing PMI Hits 52-Month High at 52.9 in September Final
S&P Global’s final September reading for the eurozone manufacturing PMI came in at 52.9, above the 52.7 flash estimate and the highest level since May 2022, driven by AI and defence investment.
Posted inGeopolitics
China and Russia Complete Center-2026 Exercise Applying Ukraine War Lessons
The PLA’s Central Theater Command completed Russia’s Center-2026 exercise in Chelyabinsk, deploying Type 99A tanks and drone swarms in drills that incorporated combat lessons from Ukraine.
Posted inWorld
Israel Supreme Court Reinstates Arab Parties for October 27 Election
Israel’s top court unanimously overturned a Central Elections Committee ban on two Arab-majority lists, clearing their path to compete in the October 27 Knesset election.