General Wire › 28 Oct 2026
Daily brief
General Wire — 28 October 2026
Anthropic's IPO filing, a violent market reaction to Lula's re-election, a Fed meeting expected to hold, and Sebi eyeing lighter FPI disclosure.
Business
Sourced from The Economist’s Business in Brief.
Anthropic filed for a Nasdaq IPO showing a $81bn first-half net loss, mostly accounting effects, and a profitable second quarter of just under $1bn. — The Economist
Embraer is having a stronger year than rivals, reporting a $36bn third-quarter backlog, up 14% year on year. — The Economist
Economics
Sourced from The Economist’s Business in Brief.
Brazil’s real fell 8% against the dollar, its biggest one-day drop since 1999, and the Bovespa tumbled 14% after Lula’s surprise re-election. — The Economist
Chinese industrial profits rose 14.4% year on year in September, the strongest in three months, while domestic consumption stays weak. — The Economist
Finance
Sourced from The Economist’s World in Brief and The Economic Times.
The Fed is expected to hold rates this week, with markets putting the odds above 90%, as core PCE inflation runs at 3%. — The Economist
Sebi is preparing a consultation paper on easing the extra disclosure rules that force large or concentrated foreign portfolio investors to reveal granular investor details. — The Economic Times
Tech / AI
Sourced from The Economic Times’ ET AI newsletter.
Donald Trump said his administration will replace the terms “Artificial Intelligence” and “AI” with “Super Intelligence” and “SI” in federal documents. — The Economic Times
Anthropic’s filing shows $16.3bn first-half revenue against $1.16bn a year earlier, with the operating loss narrowing to $693m. — The Economic Times
Headlines are summarised in our own words for comment and analysis, with attribution and a link to the original publisher. Indicative only — not investment or trading advice. For commodity and cross-asset risk coverage, see Risk Wire.