Business - Page 2

Anthropic proposes 5% share allocation to new public benefit fund Business

Anthropic proposes 5% share allocation to new public benefit fund

Anthropic plans to commit 5% of its shares to a public benefit fund, subject to shareholder approval, with possible increases as its valuation rises.

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IMF warns war and debt are testing global economic resilience Business

IMF warns war and debt are testing global economic resilience

Officials in Bangkok urged stronger fiscal buffers and cooperation as war, debt and dependence on AI investment threaten growth.

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Indonesian stocks plunge over 11% as MSCI proposes market downgrade Business

Indonesian stocks plunge over 11% as MSCI proposes market downgrade

Indonesian shares suffered their worst fall since 1998 as MSCI proposed standalone status, raising the risk of foreign fund outflows.

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CoreWeave debt selloff puts AI financing under scrutiny Business

CoreWeave debt selloff puts AI financing under scrutiny

CoreWeave faces renewed market pressure as investors weigh heavy borrowing against its large AI computing contract backlog.

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US inflation rises to 3.7% as gasoline costs surge Business

US inflation rises to 3.7% as gasoline costs surge

September consumer prices rose 0.6% over the month, with gasoline accounting for more than half of the increase.

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IMF raises 2026 growth forecast to 3.1% but warns of AI and energy risks Business

IMF raises 2026 growth forecast to 3.1% but warns of AI and energy risks

The IMF lifted its 2026 global growth forecast to 3.1%, while warning that energy disruption, debt and a reversal in AI investment threaten the outlook.

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Hall and Woodford win economics Nobel for research on stabilizing economies Business

Hall and Woodford win economics Nobel for research on stabilizing economies

The 2026 award recognizes models linking household and business decisions to policies used to manage economic shocks.

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Delta cuts profit forecast as annual fuel costs rise by $6 billion Business

Delta cuts profit forecast as annual fuel costs rise by $6 billion

Delta lowered its 2026 earnings outlook as rising fuel costs outweighed higher fares, despite continued strength in travel demand.

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Stocks retreat as oil jumps and bond yields swing Business

Stocks retreat as oil jumps and bond yields swing

Brent rose 4.1% on October 8 as technology shares dragged Wall Street lower and investors faced renewed energy supply concerns.

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IMF chief warns energy, debt and AI risks threaten global growth Business

IMF chief warns energy, debt and AI risks threaten global growth

Kristalina Georgieva urges policy action as energy disruption, debt burdens and uneven AI gains challenge the world economy.

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C.H. Robinson agrees to buy RXO for $5.8 billion Business

C.H. Robinson agrees to buy RXO for $5.8 billion

C.H. Robinson plans a cash-and-stock acquisition of RXO, expanding its North American freight network, with completion expected in early 2027.

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Schneider Electric nears $20 billion PTC deal, FT reports Business

Schneider Electric nears $20 billion PTC deal, FT reports

Reuters relays a Financial Times report on ongoing acquisition talks; neither company had immediately commented.

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