An IRGC adviser said Iran will soon close "illegal" Strait of Hormuz routes used for oil smuggling, asserting full naval control over the strategic waterway.
Elon Musk thanked Germany after Transport Minister Steffen Bilger backed EU approval for Tesla's driver-assistance tech, agreeing to allow it to exceed speed limits by up to 10%. To address safety concerns and misleading naming debates across hesitant member states like France and Sweden, Tesla also offered to rebrand the system as "Tesla Assisted Driving."
The European Union has signaled a potential path to lift import suspensions on Brazilian poultry and honey following positive audit results regarding its strict food safety standards.Audit and Compliance: A recent European Commission audit found Brazil's poultry and honey production systems compliant with EU rules banning the use of antimicrobials for animal growth promotion. Regulatory Decision: EU Trade and Economic Security
Flavio Bolsonaro led incumbent Lula da Silva in Brazil's first round, setting up an October 25 runoff.
Australian consumer confidence has plunged to its lowest level since the 1990s recession following the Reserve Bank of Australia's fourth interest rate hike this year. Driven by borrowing costs reaching 2011 highs and surging fuel prices, family finances took the hardest hit, leaving mortgage holders the most pessimistic and raising concerns over declining household spending, even as job vacancies remain
BT has agreed to buy loss-making broadband supplier TalkTalk out of administration in a £400 million rescue deal, securing 900 jobs and 1.5 million retail customers.
Peru will pursue US$149M in untapped exports at Sydney's IMARC 2026 mining fair, expanding ties in metals, tech, and investment via its FTA.
Peru's mining investment rose 45% year-on-year to US$4.117 billion through July 2026, driven by accelerated project execution. Infrastructure and development led spending, with Arequipa capturing the largest share.
Schneider Electric agreed to buy US software maker PTC in an all-cash $22.6B deal, its largest ever, expanding into industrial software and data center tech.
Goldman Sachs says US data center growth through 2027 remains intact despite rising political backlash, projecting 38% annual power demand increases.
Huawei agreed to a multi-year patent deal with Qualcomm covering 5G and AI, including US patent sales, pushing Huawei's licensing total past $6.9B.
United lures elite flyers from Delta and American via aggressive status matches, requiring $1.5K–$7K spend in 90 days as airlines battle for premium travelers.
Palantir CEO Alex Karp bought 15,000 ha of Swedish forest for €21M. Locals worry about his influence, while local hunting clubs have already lost hunting rights.
Wall Street lenders are demanding stronger corporate guarantees and shorter depreciation timelines on Nvidia's $500B chip-backed financing plan, skeptical of the chipmaker's claim that AI hardware can serve as decade-long collateral.
Barbie maker Mattel was approached by Authentic Brands Group for a potential takeover that could value the toymaker at $6 billion or more (over $20 a share), sending its stock up 18% amid ongoing leadership changes.
Facing a 26% China sales drop and weak outlook, Nike plans more job cuts in 2027 and a global reorganization to target $2.5B in savings.
Amazon plans to move $8B of Nvidia chips into an SPV and lease them back, taking an asset-light approach to boost its balance sheet.
Spotify hit 300 million paying subscribers, but high royalties—taking two-thirds of revenue—capped operating profit at €655M on €4.8B in sales, prompting pushes into podcasts and audiobooks.
Barclays will let UK staff delay its 3-day office mandate until 2027 with manager approval, following union backlash and calls for travel support and exemptions.
French energy giant TotalEnergies plans to invest $10 billion in Argentina, CEO Patrick Pouyanne announced at a Paris conference.
Tesla registrations surged across key European markets in September, up 61.9% in France and 38.4% in Sweden, extending its regional recovery.
Broadcom agreed to lend Anthropic up to $42B to fund TPU leases, with convertible debt options ahead of the AI startup's planned initial public offering.
The US has urged France and Germany to release emergency diesel stockpiles or face potential export bans, aiming to curb rising fuel costs.
Rising oil prices, inflation, and massive public debt are driving global bond yields to multi-decade highs, increasing borrowing costs for governments and consumers.