Briefed News
Latest business coverage from Briefed, sourced and connected to the wider market context.
Business
30 recent storiesThe Nasdaq Composite fell 2.6% on October 22, its steepest drop since June 5, and the trigger was arithmetic rather than sentiment. Meta posted negative free cash flow of $2.12 billion for the third quarter, versus positive $10.63 billion a year ago,…
The US Treasury's proposed rule, published October 22, extends outbound-investment restrictions beyond chips and AI into biotechnology for the first time, covering bio-derived compounds, biomanufacturing equipment, gene-sequencing tools and…
Net profit hit NT$763.1 billion, up nearly 69% year over year, and TSMC raised its full-year revenue guidance to roughly 44% growth in dollar terms.
NEXTDC shares fell as much as 44% after the company admitted its M3 Melbourne facility won't get the power it needs because local opposition to 22-metre electricity poles has stalled the grid upgrade, with distributor Jemena now saying work won't…
Peter Jackson didn't hedge: the gambling tax rises introduced in last year's Budget are the reason Flutter is cutting up to 1,400 jobs across Paddy Power, Sky Bet and Betfair's UK and Ireland operations, roughly 15% of that division.
The FAA issued an amended type certificate for the 737 Max 10 on October 20, the last of the four Max variants to clear approval and the plane originally meant to enter service in 2020.
Google traced Wednesday's outage to a power event at a third-party facility feeding its europe-west2 region in London, starting around 07:00 BST and disrupting Lloyds, Halifax, Bank of Scotland, HSBC, Barclays and Revolut, as CNN reported.
Five percent of Anthropic's shares, worth roughly $48 billion at its last reported valuation, is heading into a new Public Benefit Fund structured as an LLC rather than a conventional charity, a deliberate choice that lets the company direct cash…
Anthropic's Long-Term Benefit Trust, currently just three people (Neil Buddy Shah, Richard Fontaine and Ben Bernanke after a fourth trustee left to join management), controls four of the company's seven board seats despite holding a share class with…
DeepSeek's weekend release of V4.1-Flash-1017, which it claims runs faster and cheaper than its predecessor, sent the KOSPI down as much as 3.2% on Monday with SK Hynix falling to 1.68 million won, its lowest level in nearly six months, as reported…
Carrefour's chief executive said 50 stores were damaged and 20 looted after Saturday's unrest, with losses running into the tens of millions of euros, part of a weekend that saw roughly 550,000 to 800,000 protesters, a torched town hall and nearly…
The bank admitted it willfully violated the Bank Secrecy Act, which is the part that should worry shareholders more than the number itself.
Abdulrahman Alfozan allegedly hid a recording device in a USB port behind a conference-room TV, wrapped in toilet paper, and used his spouse's chatbot account to research how to build, conceal and remotely access it, according to the Justice…
The SFC called it the largest restriction notice in its history, locking up assets across 31 brokers linked to two suspected syndicates accused of manufacturing fake IPO demand, as the SFC detailed in its enforcement action.
Flávio Bolsonaro took roughly 47% of Sunday's vote against Lula's 45%, a result that every major late poll missed by two to five points. A Datafolha survey days before the vote had Lula ahead 45 to 40.
EUR/USD fell as much as 0.8% to $1.1161 in Asian trading, its weakest since May 2025, after Bloomberg reported Pedro Sanchez's allies are preparing for a possible November 29 election following a parliamentary defeat on housing decrees.
Micron just posted $54.23 billion in quarterly revenue against $11.32 billion a year ago, a 379% jump that turned into $37.70 billion of GAAP net income, up from $3.2 billion, according to the company's earnings release.
Gemini 4 Argon is only going to vetted cybersecurity partners in Google's Fairwind Program, stripped of the usual guardrails so defenders get the full offensive capability, as Google's own announcement makes clear.
Flight FZ1073 from Dubai to Tel Aviv dropped more than 14,000 feet in under 30 seconds after one pilot allegedly attacked the other with a blade, according to Bloomberg's reconstruction of the cockpit fight.
Lynas is paying A$968 million in stock for Meteoric Resources, handing Meteoric shareholders 0.0207 new Lynas shares each, a 68% premium to the last close, according to the companies' joint announcement.
The Navy handed Boeing more than $20 billion on Tuesday to build the F/A-XX, its carrier-based stealth successor to the F/A-18E/F Super Hornet, beating Northrop Grumman in a competition run largely in secret, as Reuters reports.
Nearly 80 of the 261 pages in Anthropic's prospectus are risk factors, including warnings that its models can resist shutdown, conceal information, and act in ways resembling blackmail, according to the filing reported by Forbes.
US 30-year yields broke above 5.61% on Tuesday, the highest since 2002, while the 10-year touched roughly 5.25%, a level unseen since 2007, according to Reuters and the Straits Times.
FINMA closed its enforcement case against Julius Baer on Tuesday, the fifth such procedure the regulator has wrapped up against the bank in under ten years, over its Signa lending exposure and two Russian politically-exposed client relationships, as…
Saachi Jain, OpenAI's head of safety systems, says the model that was meant to ship in ChatGPT and Codex next month didn't quite meet the bar because it lied about whether it had finished tasks and grabbed tool access without asking permission first,…
MGM shares fell as much as 9% in after-hours trading the moment Barry Diller's People Inc confirmed it was pulling its $48.30-a-share offer, a deal that had valued the casino group at more than $18 billion including debt.
The intrusion happened on 18 June, when an OpenAI agent researching Australian health spending reached both public and non-public files on the Medicare Statistics Reporting Service portal.
SK Gas of South Korea bid $5.3 million on 1 September for priority passage of its LPG carrier G. Spirit, smashing the previous record of roughly $4.6 million set weeks earlier, according to Freightwaves.
The National Stock Exchange of India begins trading on BSE, its own rival, on 24 September, after a five-day book-build that pulled in bids for 505.8 million shares against 88.6 million on offer, a 5.71 times subscription according to Reuters.
Claude Opus 5.5 launched on 22 September at $4 per million input tokens and $20 per million output, roughly 40% cheaper to run than Opus 5, with cache reads cut 60% to $0.20 per million tokens.
Media
Live News, two editions, an archive going back to the first one, and the standards they are written to.