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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]
BusinessOct 15Iraq devalues dinar to ease cash crunch, leaving traders in limboThe government hopes a weaker dinar will help pay salaries, but traders face rising import costs and uncertainty.Al Jazeera [en]
BusinessOct 15TSMC open to Terafab collaboration but insists on controlling its own plantsTSMC is reportedly willing to collaborate on Terafab projects but maintains its stance on retaining control over its manufacturing facilities. This highlights a key business strategy in the semiconductor sector regarding partnerships and operational autonomy.Seeking Alpha Tech
BusinessOct 15Gecina reports Q3 resultsGecina has released its third-quarter financial results. This provides an update on the company's recent performance.Seeking Alpha Tech
BusinessOct 15Tech sector breaks uptrend, raising risk of further S&P 500 lossesThe tech sector has broken its upward trend, indicating a potential for further losses in the S&P 500. This news signals a shift in market dynamics with broader economic implications.Seeking Alpha Tech
BusinessOct 15Formula 1: Can Kagame's financial gamble pay off?En obtenant le retour de la F1 sur le continent, le Rwanda s’offre une vitrine internationale inédite. Et réalise un coup sportif d’envergure dont la facture financière reste un mystère.Jeune Afrique
BusinessOct 15Nasdaq futures under pressure as tech sell-off deepensSeeking Alpha Tech
BusinessOct 15Credit stress in AI trade deepens as Oracle, CoreWeave CDS spreads hit record levelsCredit stress in the AI sector is increasing, with Oracle and CoreWeave's Credit Default Swap (CDS) spreads reaching record levels. This indicates growing investor concern regarding the financial health of companies involved in the AI trade.Seeking Alpha Tech
BusinessOct 15Iambic Therapeutics prices 9.38M share IPO at $16.00/shareIambic Therapeutics has priced its Initial Public Offering (IPO) of 9.38 million shares at $16.00 per share. This marks a significant step for the company in raising capital through public markets.Seeking Alpha Tech
BusinessOct 15Pan Am-inspired cruise set to launch in 2027 to mark airline’s 100th anniversaryThe 28-day cruise will trace some of the former airline’s historic routes through the Caribbean and Central America.EuroNews [en]
BusinessOct 15European markets mixed as bond yields and chip stocks slideEuropean markets experienced mixed results as bond yields and chip stocks declined. This indicates fluctuations in major financial sectors.Seeking Alpha Tech
BusinessOct 15Jordan is “becoming a safe gateway” for neighbouring countries, says investment minister.Jordan’s Investment Minister Tareq Abu Ghazaleh said his country had “shown all investors” that it has a “resilient economy”.EuroNews [en]
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