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South Africa to Cut Fuel Levy for Two Months Starting November
South African Finance Minister Enoch Godongwana announced that the fuel levy will be cut for two months starting in November, providing a second round of temporary relief to motorists and commuters affected by soaring fuel prices.
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Oracle, Meta, and SpaceX credit default swaps (CDS) hit all-time highs, as the market anticipates a surge in AI-related bond issuance in Q4.
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Bain Survey: Chinese Consumers Prioritize Technology in Car Purchases, While Europeans and Americans Still Value Price; Western Automakers Face Dual Pressure
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Media reports: Amazon Web Services (AWS) has billions of dollars worth of NVIDIA chips backlogged in its warehouses due to power shortages, leading to negative free cash flow.
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Multi-party talks between the US and Ukraine were held in Oslo, Norway, with the Finnish President stating "real progress has been made." Russia hopes to meet with the US envoy on the 21st.
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Liu Jun, President of Industrial and Commercial Bank of China (ICBC): Commercial Banks Bear Heavier Financial and Legal Responsibilities Than Central Banks in AI Deployment
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Anthropic pitches AI safety bill that would require judge's permission to block models
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Smart TV Owners Are 'Vibe Coding' Ads and Tracking Software Out of Their Devices Using AI Agents Like Claude Code, With Over 100 Models Supported
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Anthropic reportedly faces a compute shortage as cloud giants view it as a competitor, plans November IPO.
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NextDC's data center project in Australia faces power supply delays due to resident protests, leading to a more than one-third reduction in its FY2027 earnings guidance and a 45% plunge in its stock price.
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King Charles III of the UK praised Oman's peaceful efforts in reopening the Strait of Hormuz.
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