German Parliament Backs Second Fuel Tax Cut to Ease Price Burden
Germany's lower house approved a second temporary fuel tax discount this year, cutting petrol and diesel taxes by €0.17 per litre from October to December at a cost of €2.5 billion.
Economy
Nagpur Producing 28 Tonnes of CNG Daily from Waste, Says Gadkari
Nitin Gadkari says Nagpur generates 28 tonnes of CNG daily from waste, with about 4,000 similar projects underway across India.
ArcelorMittal Halts Kryvyi Rih Steel Plant After Russian Strikes
ArcelorMittal has stopped production at Ukraine's biggest steel plant after repeated Russian missile strikes, warning of a $1 billion impairment charge.
Americans Turn to Short-Term Plans and Health Shares as Obamacare Costs Climb
About 3 million people have left ACA marketplace plans amid steep premium hikes, turning to short-term coverage, health-sharing groups or going uninsured.
Make in India Completes 12 Years as Modi Cites Manufacturing Gains
PM Modi marked 12 years of the Make in India initiative, citing growth in manufacturing, investment and exports, with PLI schemes drawing ₹2.40 lakh crore.
Japan's 10-Year Bond Yield Climbs to 30-Year Peak as Global Pressures Mount
Japan's 10-year government bond yield hit a 30-year high of 3.115% on Friday, with yields rising across maturities amid US rate hike expectations and BOJ policy uncertainty.
Saudi Arabia Looks to China as Houthi Strikes Expose Limits of US Shield
Houthi attacks have shut the East-West Petroline and hit Riyadh, prompting Saudi Arabia to look beyond Washington to China, whose ties with Iran give it leverage.
IMF Classifies Senegal's Total Return Swaps as External Debt
The IMF says Senegal's total return swap financing counts as external debt, but its treatment under the G20 Common Framework is for the government and creditors to decide.
Transnet opens bidding for private partner to build Ngqura manganese terminal
Transnet has begun selecting a private partner to fund, build and run a new manganese export terminal at Ngqura for 25 years.
South Africa Renews Eskom Chair Mteto Nyati's Term After Power Supply Gains
South Africa has reappointed Eskom board chairman Mteto Nyati for another three years, citing improved power availability and the utility's return to profit.
UN Report Puts Gaza Reconstruction Bill at $71.5 Billion
A UN report estimates Gaza needs $71.5 billion for recovery and reconstruction, with per capita GDP collapsing and unemployment at 78 percent.
AI infrastructure spending set to cross USD 769 billion in 2026, McKinsey finds
McKinsey's Technology Trends Outlook 2026 projects AI infrastructure and model architecture investment at about USD 769 billion in 2026, up from USD 145 billion in 2025.
Nagavali Inflow Keeps North Andhra on Alert as Crops Perish
Heavy inflows into the Nagavali have left north Andhra districts on alert, with crop damage topping 10,000 acres and relief operations under way.
Lokesh Pitches Coast-to-Coast Logistics Corridor in Talks with Gujarat CM
Nara Lokesh met Gujarat CM Bhupendra Patel in Gandhinagar, proposing a bilateral coastal logistics corridor and knowledge exchange on ports, GIFT City and industrial policy.
Italy to Meet Refiners on Boosting Domestic Fuel Output
Italy's government will meet refiners next month to discuss raising domestic fuel production and softening prices amid global supply disruptions.
ED raids Arafa Gold offices, owner's homes in Kollam and Thiruvananthapuram
The ED searched Arafa Gold and Diamond premises and residences in Kollam and Thiruvananthapuram over an alleged bank loan fraud.
Singapore's population reaches record 6.21 million on foreign resident surge
Singapore's population rose 1.6% year-on-year to a record 6.21 million in June, driven by a 3.7% increase in foreign residents to 1.98 million.
Hormuz crude exports hit 33.7 million barrels this week, tracking prior levels
Crude flows through the Strait of Hormuz reached 33.7 million barrels in the week from September 20, roughly in line with the previous week, ship-tracking data shows.
Europe Deploys Subsidies and Tax Cuts to Blunt Record Fuel Prices
European governments are rolling out subsidies, tax breaks and policy pauses to cushion consumers from record fuel prices driven by wars in Ukraine and the Middle East.
Trump, Xi Wrap Up Summit With National Archives Visit as Taiwan Question Lingers
Trump and Xi concluded their White House summit with a National Archives tour, as Beijing pressed Washington on Taiwan and analysts watched for signals.