Top Stories

Iran Plans Attacks on Gulf Undersea Cables if War Resumes

Senior Iranian security officials say Tehran has prepared plans to attack undersea communications cables in the Gulf if the US and Israel resume military operations. The threats also extend to data centres and AI infrastructure, raising concerns over regional connectivity.

Jio Breaks Indian IPO Records as Investors Bid $77 Billion

Jio Platforms has attracted over $77 billion in bids across its IPO and anchor allocation. The ₹30,213-crore public offering closed 22.19 times subscribed, led by institutional buyers, as Reliance prepares to list its telecom and digital services subsidiary.

Romania Blames Russia After Drone Sinks Cargo Ship in Black Sea

A drone struck the Comoros-flagged Khoryv near Romania's Black Sea coast, killing one sailor and leaving three missing. President Nicușor Dan blamed Russia as Bucharest pushed for stronger maritime surveillance and NATO security cooperation.

Sudan's Harvests Fail as Drought Pushes Millions Towards Famine

Sudan faces a worsening hunger emergency after severe drought damaged crops across Darfur and Kordofan. With millions already experiencing acute food insecurity, failed harvests, livestock losses and disrupted humanitarian assistance threaten to deepen the crisis into 2027.

Egypt Pushes Yemen Talks as Parliament Weighs Saudi Military Support

Egypt is pressing for a political settlement in Yemen while preparing for a parliamentary vote on military support for Saudi Arabia. President Abdel Fattah el-Sisi says any assistance would be defensive, as Cairo seeks Houthi withdrawal from territory near Bab el-Mandeb.

Chip Stocks Suffer Fresh Rout Despite Record Industry Sales

US semiconductor stocks suffered another sharp selloff on October 22, with the Philadelphia Semiconductor Index falling 6.7%. Despite record chip sales and strong earnings, investors are questioning whether the enormous investment in AI infrastructure can deliver expected returns.

China's CSI 300 Enters Bear Market After 20% Fall

China's CSI 300 entered bear-market territory on October 22 after losing more than 20% from its June peak. Technology shares led the decline, while weak consumption, disappointing earnings and fading hopes of government stimulus added to the pressure.

Meta Restructures Shares to Keep Zuckerberg in California

Meta has reached an agreement to keep Mark Zuckerberg in California for eight years by creating non-voting shares he can sell without losing control. The restructuring follows concerns over a proposed 5% wealth tax and gives Meta greater flexibility to finance its AI ambitions.

Ebola Reaches Nigeria as Deadly Outbreak Spreads Across Africa

Nigeria has confirmed an imported Bundibugyo Ebola case in Abuja, becoming the fifth country affected by the expanding outbreak. As Congo records more than 4,600 deaths, Nigerian authorities are monitoring 44 contacts and investigating the patient's exposure.

Saudi Arabia's King Fahd Airport Hit Again in Deadly Attack

One person was killed and eight injured in a fresh attack on King Fahd International Airport in Saudi Arabia's Dammam. The October 21 incident damaged airport facilities and disrupted flights as Saudi Arabia faced renewed attacks on its aviation and energy infrastructure.

Abyei Drone Strike Death Toll Rises to 153 as Market Burns

The reported death toll from the October 19 drone strike on Amiet Market in disputed Abyei has risen from 73 to 153. South Sudan has protested to Khartoum, while a Sudanese military officer claims the operation targeted fuel supplies intended for the Rapid Support Forces.

NATO Sends Aircraft and Drones to Black Sea After Shipping Attacks

NATO is reinforcing surveillance in the Black Sea with maritime patrol aircraft, drones and intelligence teams after deadly attacks on commercial vessels near Romania and Bulgaria. The alliance has not formally attributed the strikes to Russia.