Global markets, today.
The stories worth research and the dated events still to come, as the day’s reports told them, written twice a day. Every line links to the report it came from.
Written . Mool writes the notes from the day’s reports; the sources are the publishers’ own, and nothing here is a view on a security.
Global markets notes
Stories
Global
Houthi missile strikes hit Riyadh, including its airport, as Saudi Arabia reported further attacks and launched airstrikes in Yemen
Financial Times
Global
An announced Russia-Ukraine energy ceasefire was followed by lower oil prices
WSJ
Economy
A report said major economies have remained resilient through the Middle East energy shock, supported by AI investment, while risks persist
Financial Times
CompanyTencent
Tencent is marketing a $5 billion bond offering intended mainly to fund AI spending and chip purchases
Bloomberg
DealAmazon
Amazon is in talks to acquire AI startup Decart for around $7 billion, according to a report
WSJ
CompanyVolkswagen
Volkswagen Group deliveries fell 14%, with deliveries in China down 39%
WSJ
Policy
China plans to crack down on electric-vehicle innovations after safety concerns, according to a report
Nikkei Asia
Sector
China's September auto sales fell for a 12th consecutive month, and an industry group does not expect a strong October recovery
WSJ
SectorNvidia, Oracle
AI shares including Nvidia and Oracle fell after a report that OpenAI's annualized revenue was below figures previously cited in media reports
CNBC
CompanyAirtel Africa
Airtel Money began trading in London at a valuation of about $7 billion, below expectations; Airtel Africa plans to retain a long-term stake
WSJ
SectorStellantis
Stellantis' CEO called for Europe to reward automakers that build vehicles in the region amid competition from Chinese rivals
CNBC
CompanyTelia
Telia proposed cutting 900 jobs, targeting annual savings of $100 million and a full run-rate benefit from 2028
WSJ
DealCVC Capital Partners
CVC reportedly kept its investment in an Israeli defence company quiet because of concerns about controversy
Financial Times
DealNovartis
Novartis struck a $7.8 billion licensing deal, according to a report on biotech deal activity
WSJ
Global
The IMF warned that AI could eventually affect about 40% of jobs worldwide, with young graduates particularly exposed
CNBC
Global
The IMF and World Bank began their annual meetings in Bangkok, with inflation, AI and climate among the issues under discussion
Nikkei Asia
Global
China is importing record amounts of gold, with demand linked to market and policy factors, according to a report
CNBC
Deal
Quantum-computing company Oratomic raised $475 million three months after its Series A financing
WSJ
Economy
Fed minutes showed officials expected another rate increase, though they gave no clear timing and October appeared unlikely
CNBC
Ahead
No dated events announced in today’s reports.
Other markets
From the day’s news to the work it sets you.
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