Czech foreign trade posted a surplus of 26 billion CZK in October, up 15 billion year-on-year. Improvement was driven by a smaller deficit in oil and gas trade; the surplus in metalworking products narrowed. #CzechRepublic #trade #FiatNews
Czech economy: Consumption and investmentβ€”driven by construction and servicesβ€”are currently supporting growth, but ČSOB economist Jan BureΕ‘ expects the pace of expansion to slow next year. #CzechRepublic #FiatNews
German foreign trade in October surprised with a 0.1% rise in exports while imports fell 1.2%, widening the trade surplus to €16.9 billion for the month. #Germany #trade #FiatNews
Ford and Renault will partner to build affordable electric vehicles in northern France, aiming to launch the first models in 2028 as part of a joint strategy to compete in Europe’s EV market. #Ford #Renault #EV #FiatNews
Colt CZ received antitrust approval to acquire Synthesia Nitrocellulose and the Synthesia Power energy division for 22 billion CZK. The deal strengthens Colt CZ’s position in the ammunition supply chain by securing nitrocellulose capacity. #ColtCZ #CzechRepublic #FiatNews
SpaceX plans a primary public offering next year targeting a valuation around $1.5 trillion and expects to raise well over $30 billion, which would make it the largest IPO in history if achieved. #SpaceX #FiatNews
U.S. administration approved conditional exports of Nvidia H200 AI chips to China, President Trump said, and informed Chinese President Xi; Beijing reacted positively to the announcement. #Nvidia #China #FiatNews
Oracle’s fiscal Q2 results showed weaker-than-expected infrastructure revenues and a marked rise in capital expenditures to expand AI data-center capacity. Shares plunged as much as 12% amid investor concern over the aggressive AI spend. #Oracle #AI #FiatNews
Broadcom reported Q4 revenue of $18.02bn vs. consensus $17.49bn and adjusted EPS $1.95 vs. $1.86. Despite beating estimates, shares fell after management’s conference call left AI revenue visibility unclear. #Broadcom #AI #FiatNews
Fed cuts rates 25 bps to 3.50–3.75% and struck a more dovish tone than markets expected. The central bank also began buying short-term Treasuries; investors now watch rhetoric for guidance on future path and market volatility. #Fed #rates #FiatNews