General Wire — 11 September 2026

Business

Sourced from Bloomberg’s Businessweek Daily, Energy Daily and Markets Daily, and The Economist’s Business in Brief.

Oracle’s fiscal first-quarter sales rose 30% to $19.3 billion, beating estimates, as cloud-infrastructure revenue jumped 121% to $7.4 billion on surging AI demand; shares climbed as much as 6% even as gross margin narrowed to 61% from 66.3% the prior quarter. — Bloomberg

Britain’s power grid needs as much as £70 billion ($94.5 billion) of investment by the early 2030s, with delays to upgrading aging infrastructure threatening to add billions of pounds to consumer bills. — Bloomberg

Copper is headed for its first weekly loss since June on speculation the US is pushing back a decision on whether to impose import tariffs on the metal. — Bloomberg

Economics

Sourced from Bloomberg’s Businessweek Daily and The Economist’s World in Brief and Business in Brief.

US core consumer prices rose 0.3% in August, more than forecast, even as the annual core rate eased slightly to 2.4% from 2.5%; headline inflation held at 3.4%, keeping prices above the Federal Reserve’s target and pushing traders’ odds of a rate move next week above 85%, up from about 70% before the data. — Bloomberg

The European Central Bank raised its deposit rate a quarter-point to 2.5% — its second hike this year and the highest level since April 2025 — as it tries to contain a bout of inflation driven by higher energy prices; European stocks fell and bond yields rose on expectations of further increases to come. — Bloomberg

Finance

Sourced from Bloomberg’s Markets Daily.

A global bond selloff pushed the US 10-year Treasury yield to the cusp of 5% — near its highest since 2007 — after the Treasury’s tripled buyback of long-dated debt fell short of the maximum size and failed to calm markets; the rout spread to Australian and Japanese yields as well. — Bloomberg · Bloomberg

Politics

Sourced from Bloomberg’s Businessweek Daily.

Record diesel prices are becoming a political liability for Donald Trump among truckers — a core constituency concentrated in midterm battlegrounds such as Texas, Ohio and Michigan — with recent polls showing Democratic candidates leading or closing in several of those races. — Bloomberg

Tech / AI

Sourced from Bloomberg’s Businessweek Daily and Energy Daily, and The Economist’s World in Brief and Business in Brief.

Anthropic said it disrupted several attempts by “threat actors” to misuse its Claude models, including scientists researching bioweapons and users in China, Russia and Yemen trying to develop weapons software and propaganda tools; separately it flagged attempted misuse for kamikaze drone swarms and missile-navigation systems. — Bloomberg

Microsoft plans to triple its AI-focused data-center capacity to more than 38 gigawatts by 2032, up from about 12 gigawatts now — enough to eclipse the electricity New York state uses at peak demand. — Bloomberg