2:11 am, Wednesday, 15 October 2025
Oil eases as traders weigh geopolitical risks and expected Fed move
Prices slip after recent gains Brent and WTI futures fell modestly on Sept 17, 2025, after recent gains, as traders
Reuters probe: China’s auto sector faces overcapacity and policy strain
Production targets outpace demand An investigative report finds Chinese auto policies that once turbocharged output have produced a glut of
GSK pledges $30 billion U.S. investment in R&D and factories
Major life-sciences push tied to state visits GlaxoSmithKline said it will invest $30 billion in U.S. research, development and manufacturing
Bank Indonesia surprises markets with 25bp rate cut
Policy shift to spur demand Bank Indonesia cut its 7-day reverse repurchase rate by 25 basis points to 4.75%, surprising
Israeli forces open broad ground offensive in Gaza City
Ground assault begins in devastated urban areas Israel launched a broad ground offensive into Gaza City after weeks of heavy
Trump sues New York Times and Penguin Random House, seeks $15bn
Defamation claims target reporting and book Donald Trump filed a defamation suit against The New York Times and Penguin Random
India raids steel pipe makers in bid-rigging probe
Antitrust inspectors conduct searches India’s competition authorities carried out surprise raids at Jindal SAW and Maharashtra Seamless over alleged bid-rigging,
China enters UN innovation top-10, displacing Germany
New rankings signal shift China moved into the UN’s top-10 most innovative countries, replacing Germany, according to new data cited
EU delays 19th Russia sanctions package amid internal disputes
Decision pushed back EU officials said the bloc’s 19th sanctions round against Russia has been delayed. Diplomats cited disagreements over
Amazon sets September 30 hardware event under Devices chief Panos Panay
Annual showcase returns to New York Amazon confirmed its fall hardware event for September 30 in New York City. The
