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- Oil prices hit $110 a barrel on Middle East supply fears
- Samsung charts next-generation memory path for AI systems
- Egypt remittances hit record $33.9 billion in eight months
- Thailand flooding leaves 71 dead and millions affected
- Meta rolls out Muse Wonder models for agentic AI tasks
- WHO sets global 24-hour target for emerging health threats
- Pakistan emergency suspends PTI rule in Khyber Pakhtunkhwa
- Oman power output rises while water production falls
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– 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
Denmark’s annual inflation rate slowed to 1.7% in July from 1.9% in June, official figures showed. Statistics Denmark said consumer prices rose 1.3% from the previous month. Core inflation held at 2.3%, matching the June reading. Price increases in restaurants
Gold climbed for a third straight session on Tuesday, extending a sharp rebound from last week. Spot gold rose 1% to $4,432.74 an ounce by 0217 GMT. That marked its highest level since June 5 and pushed prices beyond the
South Korea is facing sharp increases in fresh food prices as extreme heat disrupts farms and reduces vegetable supplies. Korea Agro-Fisheries & Food Trade Corp. data showed spinach reaching 1,978 won per 100 grams on Aug. 7. That price was
The European Commission finalized a major expansion of the European Union’s flagship orbital communications network on Friday, concluding months of commercial negotiations with the SpaceRISE industrial consortium. Under a newly signed implementation agreement, the Infrastructure for Resilience, Interconnectivity and Security
Oil prices fell further on Wednesday after a steep two-day selloff pushed Brent and U.S. crude to three-week lows. Brent crude futures dropped 92 cents, or 1.2%, to $78.44 a barrel by 3:30 a.m. GMT. West Texas Intermediate crude lost
Annual inflation across OECD economies slowed to 4.2% in June 2026 from 4.6% in May. The decline ended three consecutive months of rising headline inflation. Consumer price growth eased in 20 member countries and increased in six. Inflation remained stable