🇦🇪🇺🇿 VEON plans to acquire the Uzbek mobile operator Perfectum in full for $207 million, according to Interfax.
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⚠️🧠 JPMorgan CEO Jamie Dimon is urging leaders to strengthen banks’ cyber defenses against AI-driven threats.
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🇷🇺🇮🇷 Lavrov and Araghchi have begun talks in Tehran. Sepah News reports that a private business jet from the UAE landed in the city at the same time as Lavrov.
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🔍 European stocks fell today even as markets elsewhere around the world climbed. Media reports point to Macron as the cause of the decline, while he blames Russia.
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📉 The Moscow Exchange will be closed on October 24–25. Read the announcement for more details.
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🇺🇦 Ukrainian President Volodymyr Zelensky says Starlink restrictions on Ukraine’s armed forces are still in place.
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⚠️ Ukrainian President Volodymyr Zelensky said Ukraine would need six months to hold presidential elections once the conflict ends.
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🚀 At the AI Driver & RecSys conference, experts explored Sber’s recommendation systems. Each month, they deliver 13 billion personalized recommendations to 110 million people. By factoring in customers’ context and long-term goals, the algorithms influence one in every three sales—while leaving the final decision in customers’ hands.
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⚠️ The United States has sanctioned five Chinese companies under a 2022 law designed to protect American intellectual property.
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✴️ Open interest on prediction markets has hit an all-time high. Kalshi holds 71% of the total, while Polymarket accounts for 24%.
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📰 Russia’s Finance Ministry plans to meet with the Russian Union of Industrialists and Entrepreneurs to discuss possible changes to the windfall profits tax, though measures that would cut budget revenue are unlikely. Amendments to the tax code introducing excise duties on imported steel are expected before the bill’s second reading, subject to the Industry Ministry’s position. Talks are also underway on tax incentives for hard-to-recover gas reserves, with hopes they’ll be approved during the second reading of the tax amendments in the State Duma. Read more.
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✴️ The Moscow Exchange has revised the weightings of crypto exchanges used to calculate its foreign digital currency indices. Find out more here.
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⬆️🇺🇸 U.S. stocks are staging a strong rebound. All eyes are on the closing numbers as traders watch the market closely.
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🔍 U.S. Senator Marco Rubio says ending the war in Ukraine is now a U.S. priority, Xinhua reports. His remarks highlight the urgency Washington attaches to resolving the conflict and its wider geopolitical stakes.
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⚠️ Tensions over oil and geopolitics are mounting as Iranian officials say the country has no choice but to take control of the Strait of Hormuz.
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🛢 Yemen’s Houthis say they have launched attacks on the Shaybah oil field, King Khalid International Airport in Riyadh, and Abha Airport.
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🇺🇸 Musk promised that every child in the US would receive SpaceX shares through “Trump Accounts” — yes, those Trump Accounts.
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🇩🇪🇺🇸 Germany has partnered with Nvidia to advance industrial AI, according to an official statement.
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⚠️🇺🇦 An official IMF report names Ukraine as Europe’s largest debtor to the Fund and the world’s second-largest.
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