Friday 10 October 2025
The Mighty Headlines
Economics: Strikes cause delays at Europe’s two biggest ports
Business and markets: Netflix adds video games to TV service for first time
Foreign Affairs: China introduces new curbs on rare earth exports
Security and intelligence: 60% of Ukraine’s gas production wiped out
Domestic politics: UK Gov announces £1.3 billion of new Indian investment
The Mighty Stats
FTSE = 9,509.40 (down 0.41%)
S&P 500 = 6,735.11 (down 0.28%)
Nasdaq = 23,024.62 (down 0.081%)
CAC40 = 8,041.36 (down 0.23%)
£1 = $1.33 / €1.15
Lab / Con / Reform = 20 / 17 / 27 per cent
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The Mighty Detail
Economics: Strikes at Rotterdam and Antwerp – Europe’s two largest ports – are adding to the significant shipping delays caused by Storm Amy.
Dutch lashers, who secure cargo to ships and handle 17,000 containers a day, are demanding a 7 per cent pay increase.
Harbour pilots at Antwerp are striking over pension reforms.
Business and markets: Netflix is putting video games on its TV platform for the first time as part of its new business strategy. The streaming company is seeking to diversify away from films and TV shows towards “social gaming experiences” with games such as Tetris and Pictionary. Netflix shares increased by 50 per cent in the first half of 2025.
Foreign Affairs: China says it has introduced new restrictions on rare earth exports for use in computer chips and in military applications.
The restrictions are likely be used as leverage in trade talks ahead of a meeting between President Xi and President Trump this month.
China is responsible for 61 per cent of rare earth production and 92 per cent of rare earth processing.
Security and intelligence: There are reports that Russia has wiped out around 60 per cent of Ukraine’s domestic gas production. It follows Russian strikes in Kharkiv and Poltava on the 3rd October. It means that Ukraine is likely to have to spend $2.2 billion on fuel imports this winter.
Domestic politics: The UK Government has announced £1.3 billion of new Indian investment in the UK following the UK Prime Minister’s trip to India this week. Three Bollywood films will also be made in the UK next year and there is a £350 million deal to send UK-made missiles to India.
The Mighty Calendar
What’s happening today?
Nobel Peace Prize announced
G20 Trade Ministers meet in Eastern Cape, South Africa
Company results from: BlackRock, Hays
Lookahead to the weekend
Saturday
SNP conference begins
Cheltenham Literature Festival (75th anniversary)
Sunday
President Trump expected in Egypt to sign Israel-Hamas peace deal
New EU border system comes into force
World Conker Championships, Northamptonshire
NFL London series: Denver Broncos vs New York Jets
The Mighty Finale
🌤️Weather today
Light cloud across much of the UK but sunny spells in Scotland. High of 18C and low of 10C in London.
✏️Life coaching quote of the day
“Whatever you can do or dream you can do, begin it. Boldness has genius, power and magic in it. Begin it now.” – Goethe
Mighty takeaway: Take action on your dreams and goals and don’t delay.
That’s it for this morning. Thanks for reading and we hope that you enjoy the weekend!
Cheerio!
The Mighty Memo team
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