Saudi Arabia pumped 10.563 million barrels a day in October, OPEC said, as the U.S. average gas price fell to $3.94, its first time under $4 in months.
Congo’s Ebola outbreak has passed 11,000 cases and 5,387 deaths, its health ministry said Nov. 11, as Kenya began a 42-day countdown to Ebola-free status.
Spain held its first general strike in 14 years on Nov. 11 over housing costs. Masked groups clashed with police in Barcelona as 120,000 marched in Madrid.
Cost of living by country for mid-2026: the most expensive and cheapest nations, the biggest changes over the year and official inflation, with charts.
Russia hit six major power substations overnight, Kyiv said, a second night of strikes that left outages in eight regions and darkened city streetlights.
Russia and Ukraine agreed to a large prisoner exchange as Abu Dhabi talks ended Wednesday with no breakthrough. Envoys go to Moscow and Dublin Thursday.
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Microsoft put SharePoint tools in Work IQ into public preview, giving AI agents 60+ operations. Internal evals show pass rates rising from 70.1% to 84.6%.
Apple AI spending caps: Bloomberg says engineers’ daily generative AI allowance fell from $300 to $200 in October, with deeper cuts still under review.
Google Wyoming data center: Alphabet announces a $17 billion Laramie County campus with 702 MW fuel cells, carbon capture and air cooling near Cheyenne.
TeraWulf said Nov. 4 that Google will credit-backstop financing for about $19 billion in Anthropic lease commitments at its Justified campus in Hawesville, Kentucky.
European Commission President Ursula von der Leyen said she coordinated with the IEA on oil stock releases agreed by the G7 amid Middle East energy shock risks.
Macquarie Group’s 1H27 net profit rose 50% to A$2,478 million as Commodities and Global Markets contribution climbed 83%, with a A$3.25 interim dividend.
Sen. Elizabeth Warren is widely expected to chair Senate Banking in January, expanding probes of OCC crypto charters, CFPB cuts and Wall Street oversight.
Monte dei Paschi raised its 2026 pre-tax outlook above €3.7B after sinking a Mediobanca defense, as Intesa presses a €34B bid and guides net income well above €10B.
The World Bank said Kenya allegedly spent about $900 million more than necessary on the Chinese-built Nairobi–Mombasa railway amid corruption and fraud findings.
Analysts say the Trump-era G20’s leaner agenda is struggling to deliver, with a Milwaukee trade meeting stalled and the forum’s “core mission” contested.
Blanchard's Allston closed Oct. 24 after 70+ years; TESO Life is listed as the incoming Asian lifestyle retailer at 103 Harvard Ave. with no opening date yet.
Geopolitics and business report, Nov. 5, 2026: oil rebounds on Hormuz tanker risk, Democrats gain leverage over Iran war money, China trade talks loom.
Business report November 5, 2026: the Dow sinks 1,833 points and the Nasdaq enters a correction as AI stocks crash, oil rebounds and the Bank of England hikes.
Meta acquires Conductor, an AI coding multi-agent startup, on undisclosed terms; cloud shuts Nov. 20 while the local app keeps running into early 2027.
Dow −1,508 (−2.83%) to 51,847.74 at ~12:50 p.m. ET; S&P 500 −3.71%; Nasdaq −4.92% near correction as SOX falls 10.56%.
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