Category: World & Technology
Dated, source-linked briefings on global news, technology and the developments behind the headlines.
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Valero posts record quarterly profit on stronger refining margins
Valero reported record quarterly profit as refining margins strengthened, according to Reuters. The reported refining margin nearly tripled to $39.24 a barrel.
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Lockheed’s F-35 framework covers at least 850 aircraft
Lockheed Martin and the Pentagon reached a framework covering at least 850 F-35 aircraft over ten years, Reuters reports. The arrangement could be worth $78.2 billion, but it is not a completed sales order and…
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Nokia earnings beat forecasts as AI networking demand grows
Nokia reported comparable operating profit of €605 million, exceeding the €453 million analyst consensus cited by Reuters. Comparable sales reached €5.15 billion, and the company maintained its full-year outlook.
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Tesla lowers its 2026 capital-spending forecast
Tesla lowered its 2026 capital-expenditure forecast to about $20 billion from more than $25 billion, Reuters reports. Reduced spending helped produce unexpectedly positive free cash flow.
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Norway’s wealth fund reports a third-quarter loss
Norway’s sovereign wealth fund reported a third-quarter loss of 278 billion crowns, roughly $29.7 billion, according to Reuters. Its return was minus 0.5%.
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French borrowing costs put euro-zone debt back in focus
Reuters reports that French 10-year government bond yields moved above 5%, reaching a 24-year high, while the spread over German bonds approached 180 basis points.
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Anthropic IPO plans face a jittery AI market
Reuters reports that Anthropic is targeting a mid-November stock-market debut, citing people familiar with the plans. A prospectus could arrive in late October, but the timetable remains subject to change.
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10 Trending World & Technology Stories to Follow — 23 October 2026
A sourced briefing on 10 current world and technology stories: AI spending, independent safety tests, cybersecurity, chipmakers, trade, healthcare AI and severe weather.
