The benchmark 10-year Treasury yield rose Tuesday as markets grew optimistic that a prolonged government shutdown could soon be resolved.
The yield on the 10-year Treasury advanced more than 2 basis points to 4.122%, while the 2-year note yield added less than 1 basis point to 3.595%. Meanwhile, the 30-year bond yield rose more than 1 basis point to 4.712%.
One basis point is equal to 0.01%, and yields and prices share an inverse relationship.
Investors are monitoring developments in Washington as bipartisan negotiations advance toward a spending deal to end the shutdown, which has partially closed the federal government since Oct. 1.
Late Sunday, the Senate passed a procedural vote to move the deal forward, backed by 60 senators after eight Democrats crossed party lines.
The shutdown has stalled major economic data releases, including last week’s jobs report and this week’s scheduled inflation figures. In the absence of official data, investors and officials have turned to limited private-sector indicators for guidance.
A risk-on tone contributed to a modest cheapening in Treasuries as stocks rallied on hopes that the U.S. government shutdown could come to an end as soon as this week, said Ian Lyngen, managing director and head of U.S. rates strategy in the BMO Capital Markets’ fixed income strategy team.
Markets will also be keeping an eye on a speech by Fed Governor Michael Barr later in the day.
The new directive, issued on 26 October, is grounded in Law No. 12 of 1972 on compulsory pricing and profit margins. It requires commercial, industrial and public establishments inacross Qatar to submit accurate and timely data on the prices of goods and services, in a move that Sarah Khasawneh of Pinsent Masons said reinforced the state’s commitment to consumer protection and market transparency.
“This initiative is part of Qatar’s broader digital transformation strategy, which aims to modernise regulatory frameworks and enhance data-driven governance,” she said. “By mandating online price registration, MoCI is not only reinforcing transparency but also laying the groundwork for a more data-driven and accountable commercial environment,” she said.
“Companies, particularly in the retail and manufacturing sectors, will need to adapt internal compliance protocols to ensure timely and accurate reporting. It’s also a signal to international investors that Qatar is serious about digital governance and consumer protection.”
“Businesses should treat this as an opportunity to enhance operational credibility in the Qatari market.”
The directive is expected to have a ripple effect across sectors, prompting companies to reassess their pricing strategies and compliance workflows, Khasawneh said. It also aligns with Qatar’s efforts to attract foreign investment by demonstrating regulatory maturity and a commitment to fair market practices.
Baker McKenzie Switzerland advised Gétaz-Miauton SA, a Blackstone Group company, on the sale of the Usiniers Site in Bulle (FR) to Orllati Real Estate SA in a sale-and-leaseback transaction.
This strategic site will support the development of a major residential project, contributing to the region’s urban transformation while securing operational continuity for Gétaz-Miauton.
Baker McKenzie advised Gétaz-Miauton on all legal and tax aspects of the transaction.
The team was led by Partner Charles Gschwind and included Associates Kim Jean Dachtler and Alexandra Rayroux, all from the Real Estate Practice in Geneva.
New partnership to tackle a range of societal challenges starting with elderly healthcare, followed by energy, mobility and smart and secure communities, leveraging AI and GenAI for social good
PRESS RELEASE
OSLO | MUMBAI, November, 11, 2025: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, announced a partnership with Norwegian research and development company SINTEF—one of Europe’s largest, independent research foundations. Drawing on TCS’s extensive experience in deploying Artificial Intelligence (AI) and digital solutions for clients in industries such as healthcare, energy, and smart cities, and SINTEF’s strong research capabilities, the partnership aims to create scalable, real-world innovations.
Together, they will focus on using Social AI to improve elderly care, building on SINTEF’s successful eHealth initiative, SMILE (Smart Inclusive Living Environments). SMILE is a platform designed to help senior citizens live independently and safely in their own homes. It acts as both a communication tool and a support system, connecting seniors with family members, caregivers, and even peers in their community. By enabling easy communication, reminders and access to health services, SMILE fosters active living and social engagement.
With multidisciplinary expertise within technology, natural sciences and social sciences, SINTEF works to create innovation through development and research assignments for business and the public sector in Norway and abroad.
Alexandra Bech Gjørv, President and CEO of SINTEF, said, “Rooted in the heritage of the world-renowned Tata Group, we recognize TCS’ ambition in creating long term value for its clients, employees, and the community at large. SINTEF shares similar values, and I believe that together, we can improve the quality of life and help the elderly in Norway to be able to stay healthy, in the comfort of their homes much longer. We are looking forward to collaborating with TCS.”
What makes this initiative innovative is the use of Social AI to understand the unique needs of each individual and personalize their care. By combining advanced research and with digital technology, the platform not only improves elderly care but also sets the stage for smarter more inclusive healthcare solutions in the future.
Sapthagiri Chapalapalli, Head of Europe at Tata Consultancy Services, said, “The most impactful ideas are often generated in collaboration with external partners, startups, and academia. We are excited to begin our collaboration with SINTEF. Combining the academia research, TCS’ deep domain expertise and experience of implementing AI strategies will be turning ideas into action. Together with SINTEF, the identification of specific, practical AI use cases that address real business challenges focusing into usability and human-centric approach will become to full circle. Our digital technologies will add scale and speed to SINTEF’s research and innovation activities, enabling these projects to have an even greater reach and impact for society.”
TCS has been operating in the Nordic region since 1991. A total of around 20,000 experts serve the company’s Norwegian, Finnish, Swedish, and Danish customers. For the past 15 years, TCS has been consistently ranked as one of the best IT consulting service providers in the Nordic region by its customers. TCS has also received the Top Employer recognition in Norway for eleven consecutive years.
Following a prolonged period of historically low exit volumes and extended holding periods, private equity activity is regaining momentum, with 215 significant deals announced in the first half of 2025, totaling more than US$300 billion in enterprise value.
As private equity firms consider exiting their investments, it is important that they remain vigilant and focus on identifying and addressing potential risks early in the process to safeguard value and optimize returns. Human capital considerations, tailored insurance solutions, and innovative transactional risk insurance solutions are helping firms navigate challenges in an evolving risk landscape.
In this episode of Risk in Context, Paul Knowles, the Global Head of Marsh’s Private Equity and M&A Practice, speaks with Katie Gensheimer, Chief Client Officer for Marsh’s North American Private Equity and Mergers and Acquisitions business, Dhruv Mehra, who leads Mercer’s Global Private Equity client teams, and Philipp Giessen, who leads Marsh’s Private Equity and M&A Practice in Germany. They discuss the current private equity landscape and its impact on exit strategies, the people-related issues that funds should consider in their exit strategy, and the insurance solutions that can help firms mitigate risks.
Present yesterday, 10 November 2025, at the Florence School of Regulation (FSR), the President of the International Gas Union (IGU), Mr Andrea Stegher, took part in a debate on Europe’s energy security of supply with representatives from the United Nations Economic Commission for Europe (UNECE) and The European Network of Transmission System Operators for Gas (ENTSOG) and the Oxford Institute of Energy Studies (OIES).
The debate on “Security of Supply” formed part of FSR’s 3-day specialised training on the Regulation of Gas Markets, targeted at leading Gas industry experts and practitioners.
As global Gas markets undergo profound transformation, driven by geopolitical shifts, decarbonisation imperatives, and rapidly evolving regulatory landscapes, the need for informed and strategic decision-making has never been greater.
The IGU President remarked: ”While some may perceive that European security of supply is less of an issue three years after the 2022 crisis, we have to continue investing in Gas resources and infrastructure to promote resilience of energy supplies both for the already well developed markets – where Gas plays an increasingly essential flexibility role to balance the power systems while continuing to heat homes and providing essential molecules to industries – and in developing countries where Gas will play an essential role in eradicating energy poverty”.
Copenhagen – The polycrisis-driven disruptions in global supply chains show no signs of abating – and likely won’t for the foreseeable future. That’s the key takeaway from a comprehensive survey conducted by Maersk among its European customer base. The findings reveal that a significant majority of cargo owners expect the current volatile environment to persist for at least another 12 to 24 months.
The survey, which gathered insights from over 900 companies across Europe, highlights the continued strain on supply chains amid geopolitical tensions, shifting trade policies, and tariff uncertainties.
More than 78% of the supply chain professionals surveyed said they anticipate that geopolitical dynamics, trade tariffs, and international trade regulations will impact their operations over the next one to two years. Nearly half (48%) expressed deep concern about the geopolitical climate, and 4 out of 5 recognised supply chain challenges as a factor impacting their business growth.
To counter these challenges, businesses are actively diversifying their sourcing strategies. Three out of four respondents indicated they are either already sourcing from multiple geographies or plan to do so – a notable increase from Maersk’s 2024 survey, where only 53% were considering new sourcing locations. Furthermore,
4 out of 5 businesses are strengthening the relationship with their logistics provider and key suppliers,
3 out of 5 businesses are investing in supply chain visibility and agility to increase resilience,
3 out of 4 businesses said they’re adapting to alternative trade routes.
European businesses certainly haven’t had it all their own way over the past five years, and the ever-changing global environment facing them is definitely here to stay for the near future. Ultimately, though, it’s about turning the prevailing uncertainty into opportunities. One shared attitude among our customers has become abundantly clear: Now is not the time to lament the cards we’ve been dealt – now is the time to take action and grow. More and more European businesses are refusing to sit back and wait for volatility to ease. Instead, they are looking to build smarter, more resilient networks that support their ambitions for growth.
Waiting and doing nothing is the worst thing cargo owners can do, Lars Karlsson confirms. Maersk’s Global Head of Trade & Customs Consulting knows this from more than four decades’ experience in customs and tariffs. Tariffs stand for the most recent heavy disruption for global trade. Lars Karlsson and Maersk’s global team of 2,700 Maersk customs brokers helped cargo owners across the globe to stay on top of the dynamic developments when the US tariffs hit virtually overnight any possible country.
“That left many supply chain managers without sleep at night,” Lars Karlsson remembers the days and weeks after the US announced its import tariff package to the world in April. “However, with the right tools and partners you can control even such a black swan event,” he continues. “You need to be proactive and become more agile in a geopolitical environment like today. To achieve this, you need full control of your global customs data, have it digitally in one central platform where you can blend it with the data of sudden tariff changes as they happen.”
Recent work of his team has proven that those companies who instantly started to gather their global customs data on the “Maersk Trade and Tariff Studio” platform after the announcement of the US import tariffs in April, have been much better prepared for any following overnight tariff changes than those that took a ‘wait-and-see’ approach.
That tariffs will stay on top of the agenda going forward is strongly supported by the survey’s results. The Top 3 challenges that European businesses expect from evolving geopolitics are:
46% of the participants in the survey told Maersk that they expect fluctuations in import and export costs,
43% expect increased trade tariffs,
40% expect uncertainty in global trade policies.
Read the full report here: European Business Growth 2025 | Maersk
About Maersk
A.P. Moller – Maersk is an integrated logistics company working to connect and simplify its customers’ supply chains. As a global leader in logistics services, the company operates in more than 130 countries and employs around 100,000 people. Maersk is aiming to reach net zero GHG emissions by 2040 across the entire business with new technologies, new vessels, and reduced GHG emissions fuels*.
*Maersk defines “reduced GHG emissions fuels” as fuels with at least 65% reductions in GHG emissions on a lifecycle basis compared to fossil of 94 g CO2e/MJ.
For further information, please contact:
Rainer Horn
Senior Media Relations Manager, Logistics & Services business
The pace of grocery inflation in Britain slowed last month as retailers ramped up promotions before Christmas, providing a little relief for consumers bracing for further tax rises in this month’s budget.
Grocery inflation stood at 4.7% in the four weeks to 2 November, easing from 5.2% in the previous four weeks, according to figures from Worldpanel by Numerator, formerly known as Kantar.
Official data published last month showed overall UK inflation held steady at 3.8% in September, with food inflation slowing. The next official figures are due on 19 November, shortly before the chancellor, Rachel Reeves, presents her budget on 26 November.
Worldpanel said prices were rising fastest in markets such as chocolate confectionery, fresh meat and coffee and were falling fastest in household paper, sugar confectionery and dog food.
It said grocery sales grew 3.2% year on year over the four-week period – with spending on deals rising 9.4% compared with an increase of 1.8% on full priced goods.
Fraser McKevitt, the head of retail and consumer insight at Worldpanel, said: “Christmas ads are hitting our screens and the race to the big day is on in the supermarket sector. Retailers are very alive to the financial struggles that some households are facing, not least ahead of this year’s budget.
“They’re eager to show how they’re offering shoppers value for money, putting the emphasis on price cuts rather than multibuy offers.
“It’s not just the Grinch who’s looking for savings, with just shy of 30% of consumer spending at the grocers on promoted items in October, a figure that we expect to go even higher as we get closer to Christmas.”
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The Worldpanel data showed strong sales at Ocado – which registered a 15.9% jump in sales compared with a year earlier – Lidl and Tesco, which has made significant gains on rivals so far this year. Asda continued to struggle, with sales down 3.9%.
