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Brent Crude Price Near Five-Month High on Supply Fears
Brent crude holds near a five-month high as Middle East tensions raise supply concerns, while Russian oil exports and US inventory data influence markets.
Volkswagen Xpeng Partnership Struggles as China EV Sales Fall
Volkswagen’s ID. UNYX 08 sales fall far below targets as Chinese EV rivals gain ground, raising concerns over pricing, technology and distribution.
Anglo American Copper Output Falls 5% in Q3 2026
Anglo American's Q3 copper production fell 5% to 174,900 tonnes due to Chile weather disruptions, while diamond output rose and annual copper guidance remained unchanged.
OVHcloud Achieves Positive Cash Flow, Targets 2027 Growth
OVHcloud reports its first positive free cash flow since its 2021 IPO, with revenue rising 7.2% to €1.15 billion and growth expected to exceed 10% in 2027.
UK Unemployment Falls to 4.7% as Job Vacancies Decline
UK unemployment unexpectedly fell to 4.7%, while job vacancies dropped to 691,000, highlighting mixed labour market conditions ahead of the October 28 budget.
Brent Crude Near Five-Month High Amid Supply Fears
Brent crude holds near a five-month high at $110.10 as Middle East tensions, reported vessel attacks and Saudi energy threats raise global supply concerns.
Stock Market Holiday: Sensex, Nifty Reopen October 21
Indian stock markets are closed for Dussehra on October 20, 2026, after the Sensex fell 876 points and the Nifty lost 257 points on Monday.
Fed Faces Inflation Risks as AI Boom Fuels Demand
The Federal Reserve faces rising inflation pressures from AI investment as higher interest rates threaten small businesses, borrowers and the housing market.
KKR Faces EU Antitrust Charges Over Telecom Italia Deal
The European Commission has charged KKR with allegedly providing misleading information during its €22 billion Telecom Italia network acquisition review.
Metis TechBio, Eli Lilly Sign $1.1 Billion Drug Deal
Metis TechBio and Eli Lilly sign a deal worth up to $1.1 billion to develop AI-driven lipid nanoparticle technologies for targeted drug delivery.
Barclays Investigation: Bank of England Probes Credit Risks
The Bank of England is examining allegations that Barclays misclassified derivatives linked to illiquid private credit loans, raising questions about risk oversight.
KKR to Sell Infinity Transportation to Ares for $2.9B
KKR agrees to sell Infinity Transportation to Ares Management for $2.9 billion, giving Ares control of 50,000 railcars across North America.
Rheinmetall and MSC Buy Romanian Shipyard for €138M
Rheinmetall and MSC acquire Romania's Mangalia shipyard for €138 million to develop civilian and military shipbuilding and support Romanian naval projects.
India-US Trade Deal Influenced Russian Oil Sanctions Waiver
Marco Rubio says India-US trade negotiations influenced the Russian oil sanctions waiver as both countries balance energy security, inflation and trade interests.
Tata Sons IPO: Tata Trusts’ Special Rights Under Review
Tata Sons reviews its Articles of Association ahead of a potential IPO, raising questions about Tata Trusts' special rights, board control and SEBI rules.
COP17: Global Biodiversity Targets Fall Behind as Funding Disputes Grow
COP17 in Armenia confronts stalled biodiversity targets, funding disputes and harmful subsidies as countries struggle to protect nature by 2030.
Sensex, Nifty Open Lower as Oil Prices and Bank Earnings Weigh
Sensex and Nifty open lower as investors assess HDFC Bank and ICICI Bank earnings, crude oil near $108 a barrel and foreign investment flows.
Ampol Shares Fall 7% as Refinery Maintenance Cuts Output
Ampol shares fall 7% after Lytton refinery maintenance cuts fourth-quarter fuel output forecasts by 150 million litres despite stronger refining margins.