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BUSINESSOct 15TSMC revenue rises 41% as AI chip demand drives growthTSMC's revenue has increased by 41%, a growth attributed to the high demand for AI chips. This demonstrates a significant positive performance for the company, driven by the expanding artificial intelligence market.Seeking Alpha Tech
BUSINESSOct 15CTF Media eyes events expansion as traditional TV and broadband growth stagnatesRevamped CTF Media and Entertainment, which holds one of Hong Kong’s three free-to-air television licences, plans to expand its focus beyond TV programmes and broadband to entertainment and the sports economy as its traditional businesses stagnate. Revealing the new logo of the company previously known as i-Cable Communications, CEO and executive director Ivy Wong Nga-fan listed its five core areas going forward: event organisation and investment; celebrity merchandising and e-commerce;...South China Morning Post
BUSINESSOct 15Italy's public debt down to €3.2008 trillion in AugustDrop of 6.1 billion with respect to JulyANSA [en]
BUSINESSOct 15Energy’s 50% sprint ranks among the fastest since 1990The energy sector has experienced a 50% growth spurt, placing it among the fastest since 1990. This indicates significant market activity and performance in the energy industry.Seeking Alpha Tech
BUSINESSOct 15Who Is Competing to Connect America?Shane and Sam Love discuss the boundaries between cable broadband and wireless services, BEAD funding, and more. The post Who Is Competing to Connect America? appeared first on American Enterprise Institute - AEI.AEI
BUSINESSOct 15TSMC confirms talks with Elon Musk over Texas ‘Terafab’ but insists on operational controlTaiwan Semiconductor Manufacturing Co (TSMC) is in discussions regarding a potential role in Elon Musk’s proposed Terafab project in Texas, according to company chairman and CEO C.C. Wei, although he stressed that TSMC would retain operational control of any partner factory. The plant “has got to be run by TSMC”, Wei said during the third-quarter earnings call on Thursday. TSMC, the world’s largest contract chipmaker, has sent teams to Texas to assess expansion opportunities beyond its US hub in...South China Morning Post
BUSINESSOct 15Analysis: Why a $2 trillion deficit and 5% Treasury yields are becoming America's biggest economic challengeTreasury yields above 5% are raising borrowing costs for households and the federal government, highlighting the challenge of financing $2 trillion deficits.CNBC
BUSINESSOct 15Tanzania closes in on $42 billion gas development projectThe liquefied natural gas project — led by Equinor and Shell is expected to unlock 47.13 trillion cubic feet of natural gas ⁠reserves, Reuters reported, enough to place Tanzania among Africa's top six holders of gas reservesAfricanews [en]
BUSINESSOct 15Could France trigger another Eurozone debt crisis?France's soaring borrowing costs and political divisions raise fears of a wider Eurozone debt crisis.Al Jazeera [en]
BUSINESSOct 15CoreWeave better hurry up figuring out how to tap insurers for cashThe company better hurry up figuring out how to tap insurers for cashFinancial Times
BUSINESSOct 15"It's very interesting": Argentine beef exporters arrive at Sial in Paris with high expectations for new European market rulesLa próxima aplicación de la normativa sobre productos libres de deforestación y las perspectivas de la cuota Unión Europea-Mercosur estarán en el centro de las negociaciones. Las restricciones a Brasil también podrían generar nuevas oportunidades comerciales para la carne argentina.Clarín
BUSINESSOct 15India Supreme Court rules Yes Bank's AT1 bond write-off illegal - ReutersIndia's top court voids Yes Bank's $880 million AT-1 bond write-off ReutersReuters World
BUSINESSOct 15A platform launched for SME importers to make international payments in pesos with instant accreditationGrupo BIND y Mastercard lanzaron "Pagos FX", una solución para cancelar facturas de bienes y servicios en más de 40 países. Opera mediante una CVU y dólar contado con liquidación (CCL), sin necesidad de tener cuenta bancaria en el exterior.Clarín
BUSINESSOct 15Nel ASA GAAP EPS of -NOK 0.08, revenue of NOK 138.12MNel ASA reported its financial results, indicating a GAAP EPS of -NOK 0.08 and revenues of NOK 138.12 million. This is a standard corporate financial disclosure.Seeking Alpha Tech
BUSINESSOct 15China indicates rare earths will keep flowing to EU, regardless of U.S. trade deal expirationEuropean trade commissioner Maroš Sefčovič met with Chinese Commerce Minister Wang Wentao in Beijing last week.CNBC
BUSINESSOct 15Hong Kong ranks third globally as philanthropy hub, behind New York and Seoul, study findsHong Kong has emerged as the third best city in the world for wealthy individuals seeking to make philanthropic contributions over the medium term, trailing New York and Seoul, according to a study by Altrata. The inaugural Giving Opportunity Index by the US-based group that tracks the world’s affluent population ranked 100 cities based on three criteria: wealth, donor affinity and philanthropic infrastructure. The study defined the “global wealthy” as individuals with a net worth of more than...South China Morning Post
BUSINESSOct 15Anthropic brings Wall Street an AI bull caseAI companies for years have promised that smarter models would be worth the staggering cost to build them. Anthropic on Wednesday made that case in cash.The company presented eye-popping financials to investors, saying it was cash flow positive in the third quarter, with revenue surging nearly 50% to $16.8 billion compared with the April-to-June period.Why it matters: As Wall Street broadly spent the day fearing an AI bubble, Anthropic offered what investors have been desperate to see: evidence that frontier AI can be a sustainable business.State of play: The S&P 500 fell by more than 1% fAxios
BUSINESSOct 15AT&T to sell Mexico wireless business to Televisa-Fintech consortium for $2BAT&T plans to sell its wireless business in Mexico to a Televisa-Fintech consortium for $2 billion. This transaction signifies a major change in the telecommunications market in the region.Seeking Alpha Tech
BUSINESSOct 15Anthropic revenue jumps 46% to $16.8bn as AI firm eyes record $2 trillion IPO valuationAI developer Anthropic grew its sales by about 46% to $16.8 billion (€15bn) last quarter and turned an adjusted profit, it told investors on Wednesday, weeks before a November stock market debut that could value it at up to $2 trillion (€1.79bn).EuroNews [en]
BUSINESSOct 15Around 5.4 million people, 9.3% of population, in absolute poverty in Italy in 2025Statistics agency Istat reports slight decrease with respect to 2024ANSA [en]
BUSINESSOct 15Plateau motorists pay ₦1,420 for petrol at NNPC stations as other outlets charge ₦1,492PREMIUM TIMES' checks at filling stations across Plateau State capital on Wednesday, 14 October, showed that outlets operated by the Nigerian National Petroleum Company Limited sold petrol at ₦1,420 per litre, while other filling stations charged between ₦1,472 and ₦1,492. The post Plateau motorists pay ₦1,420 for petrol at NNPC stations as other outlets charge ₦1,492 appeared first on Premium Times Nigeria.Premium Times
BUSINESSOct 15South Korea shares test 200-day moving average for first time in 17 monthsSouth Korean shares are testing a key financial indicator for the first time in over a year, which could signal a significant market trend. This development is notable for market analysts and investors tracking economic performance.Seeking Alpha Tech
BUSINESSOct 15Chip selloff intensifies as investors question sustainability of AI spendingA selloff in chip stocks is intensifying as investors express doubts about the long-term viability of current AI-related expenditures. This indicates growing concerns about the sustainability of investments in the technology sector.Seeking Alpha Tech
BUSINESSOct 15Why Chinese tech brands are outpacing Western rivals from EVs to robot vacuumsFrom action cameras and smartphones to EVs and robot vacuums, Chinese brands are gaining ground worldwide despite privacy and security concerns. What's driving their rise, and can European rivals keep up?DW News [en]
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