IMF sees Kazakhstan growth accelerating in 2027 after 2026 slowdown
Kazakhstan is expected to outpace other oil exporters in the fund’s Middle East and Central Asia group in 2026.
Globe And Street: global business and finance news
IPO & Deals
Extreme Networks weighs sale following buyer interest, sources say
Shares rose around 17% on November 6 as the networking company, with a market capitalization of about $3 billion, considers a potential sale.
IPO & Deals
Alphabet takes nearly $548 million stake in Qualcomm
The investment comes as Qualcomm expands its data-center business, with the chipmaker expecting revenue from those chips to reach $15 billion by 2029.
- WorldOIC anti-corruption officials seek closer cooperation on asset recovery
- MarketsDollar rises as AI stock selloff spreads and investors await US jobs data
- Economy & PolicyIMF sees Kazakhstan growth accelerating in 2027 after 2026 slowdown
- CompaniesOCBC raises 2026 outlook after third-quarter profit beats estimates
- IPO & DealsExtreme Networks weighs sale following buyer interest, sources say
- Energy & CommoditiesOil heads for weekly losses despite gains on Middle East supply concerns
- Crypto & Digital AssetsBinance investigates possible breach as frozen crypto reaches $2.54 billion
- FinanceSequoia to close London office and end Arc and Scouts programs
- TechGoogle plans $17 billion data center in Wyoming as political opposition grows
OIC anti-corruption officials seek closer cooperation on asset recovery
Delegates in Azerbaijan focused on implementing a treaty designed to speed cross-border investigations and the return of stolen funds.
Nasdaq falls nearly 4% as concerns over AI spending deepen
The index moved more than 10% below its October 6 closing peak, putting it on course for its second correction of the year.
Japan plans to channel BOJ ETF sale proceeds into growth spending
The central bank raised annual ETF sales to 860 billion yen from 330 billion yen as the government seeks revenue beyond taxes and borrowing.
OCBC raises 2026 outlook after third-quarter profit beats estimates
The Singapore lender now forecasts low-double-digit loan growth and lower credit costs, despite weaker insurance and trading income.
Investors question Anthropic IPO timing, seek lower valuation
Some potential buyers see a discussed $1.5 trillion valuation as too high, while investors await October revenue figures.
Oil heads for weekly losses despite gains on Middle East supply concerns
Brent was on course for a 12% weekly decline, while WTI faced a 12.1% drop as U.S. election results raised expectations of an easing of the Iran war.
Binance investigates possible breach as frozen crypto reaches $2.54 billion
Tether and Circle froze assets linked to the incident, while Binance paused Alpha trading and said withdrawals would resume once the issue was resolved.
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.
Google plans $17 billion data center in Wyoming as political opposition grows
A planned 702-megawatt fuel-cell development will provide part of the power for Google's first data center in the state.