Gulf States Deepen Military Coordination as Iran Diplomacy Faces Hormuz Risks

Anthropic is targeting a valuation of about $1.4 trillion, with bankers looking to push the figure higher. Shares are expected to be priced between $70 and $78, with pricing set for Nov. 18 and trading planned for Nov. 19. The offering could raise as much as $90.4 billion. Markets are also focused on a renewed rate-hike debate after stronger-than-expected US inflation. Fed officials are pushing back against the idea that tightening is over, while Japanese bond yields rise following a Treasury selloff. Asian stocks climb for a third day as bonds come under pressure. Oil rebounds after two days of losses as traders balance diplomatic progress with continuing risks around Hormuz. Qatar says the US and Iran are responding positively to mediation efforts, but tanker attacks continue. Gulf states are also stepping up defense coordination, with plans for a GCC joint command based in Kuwait. Russia and Ukraine are set to resume US-led peace talks, with Washington and Europe emphasizing the need for credible security guarantees. Steve Witkoff and Jared Kushner remain central to the mediation effort. In technology, CoreWeave shares rise after a stronger forecast, Nvidia brings in a former federal prosecutor for the Huang probe, Alibaba’s T-Head files for a Hong Kong listing, TSMC gains after monthly sales data, and SoftBank swings after reporting a $7 billion loss. IBM also tightens immigration sponsorship. Presight AI reports a 31% rise in third-quarter profit after tax to AED144.5 million, supported by long-duration customer contracts. In an earlier Bloomberg interview, Emirates President Tim Clark says Dubai and Emirates continue to perform strongly despite the conflict, while warning that supply chains remain constrained and European carriers need to think longer term. In Washington, House Republicans block an impeachment bid against Pete Hegseth, although Democrats could revive the effort in January. At COP31 in Anatolia, Turkish Energy Minister Alparslan Bayraktar says Turkey plans to meet its electrification goals through renewables, nuclear power and mining, while oil and gas will remain part of the country’s energy mix. Guests includes Haig Bathgate, Callanish Capital CEO, Thomas Pramotedham, Presight CEO and Tim Clark, Emirates President. Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. Chapters: 00:00:00 - Introduction 00:05:08 - Anthropic Targets $1.4T Valuation 00:09:36 - Haig Bathgate, Callanish Capital CEO 00:15:02 - Oil Markets Weigh Diplomacy Against Hormuz Risks 00:17:22 - Russia and Ukraine to Resume US-Led Peace Talks 00:28:32 - Thomas Pramotedham, Presight CEO 00:34:46 - Tim Clark, Emirates President 00:39:36 - House Republicans Block Hegseth Impeachment Bid 00:43:28 - Alparslan Bayraktar, Turkish Energy Minister -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts