10 stories
IranBrent slipped to about $114 on Thursday morning after a reported US letter to Tehran. Diplomats say a Qatari proposal trading nuclear steps for sanctions relief awaits Iran’s answer.
GermanyWith euro-area inflation at 3.8%, the bank paused after two increases this year. Lagarde will leave about nine months before her term ends.
IsraelLikud says the vote was stolen through bribery, intimidation and forged ballots. Israel Police say there is no evidence to support the claims.
No evidence
IndiaThe Sensex closed at 74,151 and the Nifty at 22,937. Realty and PSU banks led the gains, while Trent and Maruti Suzuki fell.
IranEight months after US and Israeli strikes began, a ceasefire has collapsed, the Strait of Hormuz is still under attack and diplomats are testing a Qatari plan.
Two UN reports land before COP31 in Antalya: the WMO’s greenhouse gas bulletin and UNEP’s Emissions Gap Report, which puts the world on course for 2.8°C.
SpainA signalling failure had halted trains on the Madrid–Seville line. The transport minister called the order that sent the RENFE train on at speed “inexplicable”.
BrazilA letter first described the defeated candidate as Brazil’s “true president-elect”. His ally Tarcísio de Freitas said the result of the vote must be respected.
United StatesShares fell more than 11% after hours. Microsoft beat forecasts as Azure grew 48%, and Meta narrowed its spending range for the year.
United StatesGovernor Lisa Cook and Cleveland Fed President Beth Hammack wanted a quarter-point increase. Markets now see a strong chance of a hike in December.
China
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United Arab Emirates
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