Finance
Italy allots €7 billion across three BTP maturities at 13 October auctions
Gross yields were 3.69% for three-year, 4.24% for seven-year and 4.84% for 15-year bonds.
NEWSVERUM / Global briefing
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Energy
Jordan grants conditional approval for Afaq Energy gas-distributor acquisition
The conditional decision sets payment, discount, infrastructure and workforce requirements to protect LPG-distribution competition.
Energy
Kuwait and France discuss electricity, water and renewable energy projects
Kuwait’s minister and France’s ambassador discussed generation, grids, storage, desalination and water reuse.
Science
MIT study examines neural networks that build their own learning machinery
MIT researchers demonstrated an artificial neural network that can build its own learning machinery using simple connection-change rules. It learned pattern recognition and image classification, with performance reported as comparable to designed networks.
Technology
IDC raises 2029 forecast for OCP-recognized infrastructure spending to $800 billion
The Open Compute Project said IDC raised its forecast for annual spending on OCP-recognized IT infrastructure in 2029 to $800 billion. The earlier study forecast $295 billion for that year; the updated outlook reflects faster growth in infrastructure and AI investment.
Economy
Analysts raise Russia’s 2026 inflation forecast to 7.1%
In the Bank of Russia’s October survey of 32 economists, inflation projections rose while the 2026 growth forecast stood at 0.6%.
Technology
Intel announces GPU D-series accelerators for AI
At the OCP Global Summit, Intel introduced GPU D-series accelerators aimed at data-center inference and agentic AI workloads. The company said the product was previously known by the codename Crescent Island and customer sampling is underway.
Energy
Iran company exceeded first-half output plans
Iran’s Central Oil Fields Company reported delivering 106% of its South Zagros gas plan and 101% of its oil plan in the first half of Iranian year 1405.
Energy
Iraq cites crude specifications for halt in oil supplies to Jordan
An Iraqi oil ministry spokesperson said Jordan's refinery suits Kirkuk light crude but cannot process Basra medium crude.
Energy
Kuwait joins 16th Arab Electricity Ministerial Council in Riyadh
The meeting reviewed electricity, renewables and efficiency work alongside the council’s organisational agenda.
Technology
NVIDIA and Cisco plan optical module for AI factories
The USFP optical module format targets higher connectivity capacity in AI factories. The companies specify 400 Gb/s lanes and up to 12.8 Tb/s total capacity.
Technology
gFiber, Qualcomm and Gemtek unveil Wi-Fi 8 gateway with edge AI
gFiber, Qualcomm and Gemtek unveiled a Wi-Fi 8 home gateway designed for gFiber fiber customers in the United States. The joint announcement describes hardware combining multi-gigabit fiber access, wireless networking and on-device AI processing.