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Oil Prices Retreat as Trump Waives New Sanctions on Russia
Brent crude retreated below $109 after President Trump suspended new sanctions and punitive tariffs targeting Russia. The waiver eases pressure on global oil supplies and reduces immediate tariff risks for major buyers, including India, while Middle East shipping disruptions continue.
Samsung Reportedly Turns to Rival TSMC for Nvidia’s Next-Generation Memory
Samsung reportedly plans to use rival TSMC's 3-nanometre technology to manufacture base dies for Nvidia's next-generation AI memory. The arrangement highlights Nvidia's growing influence over chip manufacturing and the increasingly complex design of high-bandwidth memory.
Albania's Protests Enter Sixth Day as Rama Refuses to Resign
Albania's student-led protests have entered a sixth day, with violent clashes, arrests and mounting demands for Prime Minister Edi Rama's resignation. Rama refuses to step down, warning that continued unrest could jeopardise the country's progress towards European Union membership.
Iran Appoints Missile Industry Veteran Mehrdad Akhlaqi as Defence Minister
Iran's parliament has approved Mehrdad Akhlaqi Ketabchi as defence minister with 237 votes. The veteran aerospace and missile industry official takes charge of military production and procurement following months of conflict and the death of his predecessor.
Vietnam Signs Free-Trade Deal With Four European Nations After 14 Years
Vietnam has signed a free-trade agreement with four European nations after 14 years of negotiations. The pact aims to reduce tariffs, expand market access and strengthen investment ties, building on bilateral trade worth €4.8 billion in 2025.
India Starts New Zealand FTA Rollout With Tariff Cuts
India has notified the first customs concessions under its trade agreement with New Zealand. Lower duties begin on October 20, while sensitive Indian agricultural sectors remain protected and all Indian exports gain duty-free access to New Zealand.
Spain Arrests Two on Terrorism Suspicions in Basque Country
Two people have been arrested on terrorism suspicions in Spain's Basque Country after police discovered information concerning security forces and a possible weapons cache. The investigation has been referred to Spain's Audiencia Nacional, with no confirmed link to a terrorist organisation.
Trump Puts Russia Sanctions on Hold as Congress Demands Action
Donald Trump has waived key sanctions and tariffs under a law he signed in September, giving his administration 60 days to assess their economic impact. The decision has drawn criticism from Ukraine and Congress while reducing the immediate tariff threat facing India.
Two Killed in Saudi Military Helicopter Crash Near Yemen Border
Two Saudi military personnel have been killed in a helicopter crash near Yemen's border. Saudi Arabia attributes the loss to a technical malfunction, while the Houthis claim to have shot down an Apache helicopter. The conflicting accounts remain unresolved.
India Moves to Ban Added Sugar in Food for Infants Under Six Months
India has proposed banning added sucrose and fructose in food products for infants under six months. The FSSAI draft seeks to strengthen early childhood nutrition standards, but the restriction will take effect only after the regulatory process is completed.
Israeli Settlers Attack European Diplomats in West Bank
European diplomats visiting Palestinian olive harvesters in the West Bank were reportedly confronted by masked Israeli settlers near Taybeh. A Belgian diplomatic vehicle was damaged, and Israeli police have launched an investigation amid escalating violence against Palestinian farming communities.
Zelenskyy Proposes Ukraine–US–Russia Talks Around G20 Summit
Ukrainian President Volodymyr Zelenskyy has suggested three-way talks with Donald Trump and Vladimir Putin around the December G20 summit in Miami. Washington and Moscow have not confirmed the proposal, while European and Middle Eastern venues remain under consideration.