Broadcom (AVGO.O) CEO said he expects large-scale volume production and deliveries of a Meta Platforms (META.O)-customized MTIA accelerator to begin in Q4.

Russia deputy prime minister Novak said on Thursday oil output will fall slightly this year but the decline is temporary and production should rebound as domestic refineries complete planned maintenance. A draft government forecast, citing the Russia-Ukraine war, cuts this year’s oil production projection to a 17-year low and trims fuel export forecasts for 2026 and 2027. The draft lowers projected oil output for 2026–2029 by 16–20 million tonnes versus the May forecast.

Prime Minister Carney said the Canadian government will invest C$4.7 billion to manufacture and maintain 313 VIA Rail passenger cars.