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Bolsonaro Advisor: If elected, will grant Petrobras greater freedom but rule out privatization
According to Bloomberg Markets, an energy advisor to Brazilian presidential candidate Flávio Bolsonaro stated that if Bolsonaro wins the presidential runoff on October 25, his administration would grant Petrobras broad freedom to reshape its portfolio. At the same time, it would seek to attract more private investment into areas currently dominated by the state-owned oil producer, but explicitly rule out its privatization.
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Next: Meta's Q3 revenue and Q4 guidance both exceeded expectations, with the company raising its AI capital expenditure and proposing to issue new non-voting shares, leading to a 6% surge in after-hours trading.
24H Trending
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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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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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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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Anthropic pitches AI safety bill that would require judge's permission to block models
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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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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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Hansoh Pharmaceutical inks up to $15B drug deal with Roche, China's innovative drug out-licensing hits $130B
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U.S. equity index futures rose, boosted by strong earnings reports from AI-related companies.
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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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Oracle founder Larry Ellison pledged shares in Tesla, SpaceX, and other companies to secure bank loans to fund his son's bid for Warner Bros.
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