Business
– Microsoft is offering a voluntary exit package to about 27% of its workforce as it seeks to fund a costly AI infrastructure expansion while protecting capital efficiency. The offer, announced on Monday, applies to certain employees in the United
– South Korea’s current account surplus reached $116.63 billion in the second quarter, the second-largest among major economies after China, central bank data showed. The surplus was larger than those of Germany and Japan combined, Yonhap News Agency reported. China
– Bilateral trade between Russia and Oman reached $1.5 billion in the first seven months of 2026, its highest level in a decade, according to Sergei Shoigu. The Secretary of Russia’s Security Council said trade had increased 22-fold over the
– Japan’s exports rose for a 13th straight month in September, but faster growth in imports left the country with a trade deficit of 536.6 billion yen. Preliminary figures from the Ministry of Finance showed exports up 16.7% year on
– South Korea’s semiconductor exports surged 222.5% year on year to $27.5 billion in the first 20 days of October, driving total exports to $61.6 billion. Overall outbound shipments more than doubled from the same period last year, according to
– Oil prices climbed sharply on Friday, with Brent crude touching $110 a barrel for the first time since May. Worries that escalating Middle East tensions could further tighten supplies drove the rally. Brent for December delivery settled up $3.94,
– Egypt received a record $33.9 billion in remittances from citizens working abroad during the first eight months of 2026. The Central Bank of Egypt said on Tuesday, October 13, that inflows rose 27.2% from $26.6 billion a year earlier.
– Oman’s electricity production increased 4.3% year on year during the first eight months of 2026. Total output reached 37,481.8 gigawatt-hours, compared with 35,935.3 GWh in the same period of 2025. The increase amounted to about 1,546.5 GWh. Preliminary figures
– Indonesia recorded Rp131.1 trillion, about $7.33 billion, in foreign capital inflows through early October 2026. Finance Minister Suahasil Nazara presented the figure during the government’s latest state budget briefing in Jakarta. Most foreign investment moved into government bonds and
– The African Union has formally launched the Africa Credit Rating Agency, known as AfCRA, in Mauritius. The agency will provide credit assessments for African sovereigns, companies, financial institutions and other issuers. Its launch took place in Port Louis during
Health
WASHINGTON, D.C. / RankWire.AI / – Patients who underwent appendix removal for acute appendicitis later recorded fewer colorectal cancer diagnoses than similar patients treated with antibiotics alone. Researchers compared matched patient groups in a large international health database. Colorectal cancer
– The Democratic Republic of the Congo has confirmed 8,067 Ebola cases in its latest outbreak. Health authorities recorded 3,901 deaths through September 26, putting the fatality rate near 48%. The outbreak has reached 63 health zones across seven provinces.
Scientists have identified a rare inherited genetic mutation that can increase a person’s risk of developing lung cancer by roughly 25 times overall and by about 60 times among non-smokers, according to landmark research published in the journal Science. The
The World Health Organization says parts of the Democratic Republic of the Congo are showing signs of progress against Ebola. Transmission has fallen in several areas, especially in Ituri province, which remains the outbreak’s main center. National figures through Sept.
Sports
Lionel Messi has ended his international career with Argentina after 21 years at senior level. The 39-year-old leaves with national records for both appearances and goals. Messi played 207 matches for Argentina and scored 125 times. His international career included
International motorsport governance and European state leadership converged at the Hungaroring circuit as Federation Internationale de l’Automobile President Mohammed Ben Sulayem held high-level meetings with regional government figures during the Formula 1 Hungarian Grand Prix. Official reports published by Emirates
Spain reached the FIFA World Cup quarter-finals with a 1-0 win over Portugal on Monday, as Mikel Merino scored in the 91st minute at Dallas Stadium. The substitute took a pass from Ferran Torres and finished low past Diogo Costa.
Norway reached the FIFA World Cup quarterfinals for the first time after beating Brazil 2-1 in the Round of 16 on Sunday. Erling Haaland scored twice late at New York New Jersey Stadium. Brazil, the five-time champion, exited before the
Spain moved into the FIFA World Cup 2026 Round of 16 with a 3-0 win over Austria on Thursday at Los Angeles Stadium. Mikel Oyarzabal scored twice, and Pedro Porro added the other goal. The result ended Austria’s campaign in
England reached the FIFA World Cup 2026 round of 16 after captain Harry Kane scored twice late in a 2-1 win over Congo DR at Atlanta Stadium on Wednesday. Congo DR led through Brian Cipenga’s seventh-minute goal and held that
Automotive
Jaguar unveiled the production Type 01 in New York on October 6, marking a major product launch for the British luxury brand. The four-door electric grand tourer is the first production Jaguar based on the dedicated Jaguar Electric Architecture. It
Japan’s new car sales rose 1.8% in the first half of 2026, marking a second straight first-half gain for the domestic auto market. Automakers sold 2,387,189 new vehicles from January through June, including minivehicles. The increase followed a stronger second
Porsche has presented a one-off 911 GT3 RS created through its Sonderwunsch programme, combining the track-focused sports car with a bespoke design treatment inspired by haute couture. The vehicle is finished in Macadamiametallic from the Paint to Sample range and
SEOUL: Mercedes-Benz on Monday unveiled the all-new electric C-Class at a world premiere in Seoul, introducing the first battery-electric version of one of its best-known sedan nameplates and placing one of the brand’s core products into the premium EV market. The launch
Luxury
In the vast universe of luxury brands, Rolex occupies a unique celestial body, twinkling with prestige, precision, and timeless allure. It’s a name that, for over a century, has been synonymous with excellence in watchmaking. While many brands have come and gone,
Luxury fashion brand Gucci has appointed actor Alia Bhatt as its global ambassador, making her the first Indian to represent the esteemed Italian brand worldwide. Bhatt is set to make her inaugural appearance as Gucci’s newest global ambassador during the
MENA Newswire: Geneva, Swtizerland: A new Swiss-made automatic wristwatch manufactured in Geneva by Montres Etoile is making waves in the Islamic community as it revolutionizes the way individuals keep track of the lunar calendar. The Islamic calendar is a lunar
The Rock, an egg-sized white diamond billed as the largest of its kind to be auctioned, sold for more than CHF21.6 million ($21.75 million), including fees – at the low end of what Christie’s expected. As reported by AP, the