Japan factory confidence reaches highest level since August 2021
Electronics makers led the improvement in November, while confidence among non-manufacturers reached its highest level since June 2018.
Globe And Street: global business and finance news
Companies
CoreWeave raises revenue outlook as spending plans weigh on shares
Third-quarter revenue reached $3.66 billion, exceeding estimates, while the AI cloud provider raised the lower end of its annual spending forecast.
IPO & Deals
Nvidia-backed Nscale weighs delay to $35 billion listing
Executives are reviewing whether to pause the IPO process, according to a media report. The British cloud provider plans to trade on the NYSE as NSCL.
- WorldAzerbaijan and Ukraine sign cooperation agreements spanning 14 sectors
- MarketsUS yields rise and stocks fall as inflation strengthens case for larger Fed hike
- Economy & PolicyJapan factory confidence reaches highest level since August 2021
- CompaniesCoreWeave raises revenue outlook as spending plans weigh on shares
- IPO & DealsNvidia-backed Nscale weighs delay to $35 billion listing
- Energy & CommoditiesUS power consumption set for new records through 2027, EIA says
- Crypto & Digital AssetsPNC and Coinbase plan stablecoin payment pilot for business clients
- FinanceSequoia to close London office and end Arc and Scouts programs
- TechOpenAI adds business profiles and customer chat agents to ChatGPT
Azerbaijan and Ukraine sign cooperation agreements spanning 14 sectors
The countries adopted a 2026-2027 action plan as official figures showed bilateral trade increased 10.5% in the first eight months of 2026.
US yields rise and stocks fall as inflation strengthens case for larger Fed hike
October consumer prices rose 0.4%, exceeding economists’ forecasts, while core inflation also came in above expectations.
BOJ sees 1 trillion yen in extra annual ETF proceeds, minister says
Japan plans to use proceeds for economic security investment, but the amount reaching government coffers remains uncertain.
Vodafone raises earnings outlook despite €4.79 billion first-half loss
A €4.85 billion impairment in Germany weighed on results, while acquisitions helped lift revenue 11.4% to €21.9 billion.
Oura announces $625 million acquisition of Counsel Health
The smart ring company plans to broaden its healthcare services through Counsel, whose platform already operates within Oura’s app.
US power consumption set for new records through 2027, EIA says
The agency attributes rising demand largely to AI data centers, alongside greater use of electricity for heating and transportation.
PNC and Coinbase plan stablecoin payment pilot for business clients
Eligible clients will receive Circle’s USDC, with payments automatically converted into US dollars.
Sequoia to close London office and end Arc and Scouts programs
The venture capital firm says it has raised roughly $10 billion in new funds while combining investment teams and reducing internal hierarchy.
OpenAI adds business profiles and customer chat agents to ChatGPT
The initial rollout of Business Agents is limited to eligible U.S. e-commerce and online service businesses.