SpaceX pursues access to US cell sites for wireless network, report says
Discussions cover at least 80,000 sites and include Crown Castle, potentially advancing plans for a fourth nationwide wireless carrier.
Globe And Street: global business and finance news
Companies
HD Hyundai signs deal with Kiewit to build US shipyard
Construction is scheduled to begin in 2027, with operations expected in 2029 and about 3,000 US jobs anticipated.
Economy & Policy
Japan factory PMI falls to 53.3 in October as services improve
Private-sector activity expanded for a 19th consecutive month, but hiring slowed and confidence weakened, the S&P Global survey showed.
- WorldEU trade committee chair urges broader agreement with China
- MarketsYen gains as oil and AI concerns weigh on markets
- Economy & PolicyJapan factory PMI falls to 53.3 in October as services improve
- CompaniesHD Hyundai signs deal with Kiewit to build US shipyard
- IPO & DealsWarhound raises $200 million for genetically engineered working dogs
- Energy & CommoditiesBritain clears Jackdaw gas drilling after emissions review
- Crypto & Digital AssetsCrypto chip-stock contracts see nearly $52 million in liquidations
- FinanceBlackstone’s Khaira disputes fears of an AI debt crisis
- TechSpaceX pursues access to US cell sites for wireless network, report says
EU trade committee chair urges broader agreement with China
Bernd Lange wants investment included in wider negotiations as European lawmakers prepare to visit China on October 27 to 29.
Yen gains as oil and AI concerns weigh on markets
The dollar advanced against the euro as concerns over France’s finances intensified, with the French-German bond yield gap reaching its widest since 2011.
Canada pledges $6.2 billion to help manufacturers facing US tariffs
Steelmakers are allocated $3.7 billion and automakers $1.8 billion over five years as Canada seeks to limit damage from the trade dispute.
Andreessen Horowitz broadens crypto arm’s remit with Frontier rebrand
The investment team will add AI, robotics and emerging networks to its focus while retaining an interest in blockchain.
SK Hynix abandons Solidigm US IPO plan, citing market volatility
The chipmaker said it would keep exploring funding options for its subsidiary and that the decision did not alter Solidigm’s growth prospects or investment needs.
Britain clears Jackdaw gas drilling after emissions review
The government forecasts an 11-year operating life and a £2.9 billion economic contribution, while opponents question benefits for household bills.
Crypto chip-stock contracts see nearly $52 million in liquidations
Bullish positions accounted for about $38 million as selling moved from Binance to Hyperliquid while Wall Street was closed.
Blackstone’s Khaira disputes fears of an AI debt crisis
Khaira said major technology customers support infrastructure lending, while acknowledging higher borrowing costs and wider credit spreads.
OpenAI broadens Decisions API access as decision-model rivals expand
The public version adds voice and visual capabilities to a product based on a reconfigured ChatGPT Luna model.