India’s oil and gas imports are guided by the goal of “protecting the interests of Indian consumers”, and this principle “drives the country’s import policy.” This was stated by India’s Ministry of External Affairs in response to earlier remarks by U.S. President Donald Trump, who claimed that India was “planning to stop importing oil and […]
On October 15, SpaceX launched 21 satellites for a new U.S. military communications system, the company’s press service reported. A Falcon 9 rocket lifted off from Vandenberg Space Force Base in California at 7:06 p.m. Eastern Time (02:06 Kyiv time). The mission was carried out for the U.S. Space Development Agency (SDA). According to the […]
Samsung has decided to cancel the release of the Galaxy S26 Edge, which was intended to continue the company’s thin and lightweight smartphone line. According to GSMArena, the decision comes as a result of poor sales of the Galaxy S25 Edge, which performed significantly below expectations. Analysts at Hana Investment & Securities report that as […]
The European Commission has fined luxury fashion brands Gucci, Chloé, and Loewe a total of €157 million for resale price fixing, a practice that violates EU competition rules. The decision was announced in a statement by the Commission. According to the report, the companies restricted independent third-party retailers — with whom they collaborated — from […]
Meta, the parent company of Instagram, announced on October 14 that teen accounts on the platform will now default to a PG-13 content rating. Earlier reports indicated that Meta’s chatbots had engaged in provocative behavior with users as young as 18, including initiating “romantic or suggestive” conversations. Following widespread criticism, Meta stated that it is […]
The International Energy Agency (IEA) is forecasting an unprecedented oversupply in the global oil market next year. Within a month, the agency raised its surplus estimate by 18%, citing increased production by both OPEC+ members and other oil producers. For Russia, this poses the risk of significant budget losses. The substantial surplus already accumulated this […]
The first transit voyage from China to Europe has successfully passed through the Northern Sea Route, cutting delivery time by half compared to traditional routes. The news was reported by Russia’s state-run agency Interfax, citing data from Rosatom. The vessel arrived at the British port of Felixstowe on October 13, marking the first-ever container transit […]
Global economic growth is expected to slow from 3.3% in 2024 to 3.2% in 2025 and 3.1% in 2026, according to the latest forecast from the International Monetary Fund (IMF). Growth in advanced economies is projected to remain around 1.5%, while emerging markets and developing economies are expected to expand by just over 4%. The […]
The global cryptocurrency market lost roughly $150 billion in just 24 hours following a new wave of asset declines triggered by rising tensions between Washington and Beijing, Bloomberg reported. Bitcoin, the largest digital asset by market capitalization, fell 3.75% to around $111,500 on October 14 in London, while Ether dropped 7.5%, slipping below the $4,000 […]
The European Union will allocate €618 million to fund renewable energy development projects across Africa, according to a statement from the European Commission’s press service. The funds will support energy projects in eight African countries. Specifically, Kenya will receive €55 million to create a green energy system aimed at increasing electricity generation and strengthening power […]
