The Economic Times

Nobody wants to be President in Iran: Trump takes dig at Tehrans leadership; mocks name Mohammad

The United States is planning to restart three closed nuclear plants to address rising energy needs. These plants were shut down due to high electricity costs but are now sought after for carbon-free energy. Large technology companies are contracting for power from these facilities, ensuring a stable revenue. Restarting these plants will be faster and cheaper than building new reactors.

Barack Obama recently addressed Israel's treatment of Palestinians, implying moral responsibility lies with the stronger party. He acknowledged the historical persecution of Jews while also recognising the plight of Palestinians. Netanyahu responded to Obama's comments by asserting Israel's claim over its historical homeland. Tensions between Netanyahu and Obama date back to their previous terms.

Gold prices have held steady this week, though they are set to close lower overall as market participants assess the potential for a Federal Reserve rate hike. Spot gold recorded a modest drop of 0.1%, while futures displayed slight gains amid market hesitance. Discussions among Federal Reserve officials vary regarding the strength of the economy and inflation predictions.

Thousands of US air traffic controllers will receive a 2.8% pay raise retroactive to January 1, under an agreement announced by the Federal Aviation Administration and a union. The raise, effective October 18, follows workforce reform commitments covering time tracking, staffing adjustments and reassignments as the agency tackles persistent controller shortages.

US lawmakers and critics have condemned President Donald Trumps decision to waive key Russia sanctions and tariff provisions under the Lindsey Graham Act, accusing him of siding with Vladimir Putin and betraying Ukraine. The move comes amid a Russian diesel supply deal, rising US fuel prices and Indias concerns over potential tariffs.

A report by Bernstein indicates that the luxury goods industry faces challenges due to reduced Chinese consumer demand. Economic factors such as falling property prices and youth unemployment are contributing to a weakened market. Companies may need to adjust their pricing strategies to meet consumer expectations for affordability and value.

Boeing's global sales and marketing chief Brad McMullen will retire in December and be succeeded by Ryan Weir, currently heading North American sales, according to a memo seen by Reuters. McMullen helped lead the planemaker's commercial recovery after a 2024 mid-air door plug blowout, as Boeing works to regain market momentum.

AISA president Neha Bora was released early Saturday after being taken into preventive custody ahead of the 'Lehra Do Tiranga' protest march at Connaught Place on Friday. CJP founder Abhijeet Dipke, who was also detained, was arrested under relevant BNSS provisions and will be produced before the SEM court.

US President Donald Trump has waived the application of certain sanctions, restrictions and duties on Russia under the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, according to an executive order issued on Saturday. The order outlines a waiver of specified measures provided for under the legislation.

Apple has hired former Meta litigation chief Scott Tucker as vice president of global litigation and financial services, strengthening its legal leadership amid mounting antitrust, patent and other lawsuits. The appointment is part of a broader reorganisation under General Counsel Jennifer Newstead, as the iPhone maker faces legal setbacks threatening its services business.

US Stock Market: Energy stocks held up better than most. Exxon rose 2.5 per cent and Chevron added 2.6 per cent. Alcoa rose 2.5 per cent and The Travelers Cos. gained 1.5 per cent after the companies reported quarterly results that topped Wall Street forecasts.

US bond yield on the benchmark US 10-year Treasury note was unchanged at 5.087 per cent after earlier rising to 5.1334 per cent. The yield on the 30-year bond rose 0.5 basis point to 5.433 per cent after trading earlier at 5.464 per cent.

Tesla's first Roadster was launched back in 2008. And in 2018, Musk went as far as placing one on a rocket with a mannequin dubbed Starman in the driver's seat and launching it into space.

'We called fake news after...': Trump shuts down rumors of Susie Wiles ouster, Zero chance

Migrants are increasingly turning to the risky alternative offered by smugglers to travel by sea to avoid heavily guarded land borders. Small boats called pangas leave Baja in the dead of night and sometimes travel hundreds of miles north.

Sean Combs is serving a four-year, two-month sentence for his conviction last year on prostitution-related charges for transporting people across state lines for sexual encounters.

Pope Leo had the lower lobe of his right lung removed after doctors identified a suspected cancerous nodule. The surgery confirmed he had adenocarcinoma, the most common type of lung cancer.

Katie Zacharia has been dismissed from her role as White House Press Secretary after public scrutiny. President Donald Trump suggested to her that she reconsider her position due to the ongoing challenges. During a conversation with reporters, Trump emphasised that being in this role might not lead to happiness. He expressed concern about the difficulties associated with the job.

Investments in pharmaceutical companies on behalf of Donald Trump saw a significant increase after returning to the White House. His portfolio reportedly grew from $1.7 million in 2024 to as much as $56.2 million by late 2025. A large portion of this growth involved investing in stocks benefiting from exemptions to Medicare price negotiations. Notably, purchases included $2.55 million in shares just before signing favorable legislation.

Gabriella Rothberg, a 17-year-old scientist, is working on genetically engineering tomatoes to taste like beef. These tomatoes aim to provide iron while retaining the nutritional benefits of plants. The project is associated with Maddison Marshall, a PhD candidate at the University of Miami. Rothberg has documented her experiments on social media, showcasing the growth process of these tomatoes.

US import prices experienced a notable increase in September driven by higher costs for energy products and various goods. This rise in import costs reflects ongoing inflation pressures exacerbated by the West Asia war. Recent data showed substantial increases in consumer and producer prices, broadening inflation beyond the energy sector. Supply chain disruptions have also been attributed to the prolonged conflict in the region.

Katie, you don't have to do this: Trump's new press secy on way out just days after rocky debut

Hanoi is pruning hundreds of its iconic milkwood trees after residents complained the blossoms are causing daily discomfort, breathing issues.

Tencent reported that AI agents evaluating third-party models exhibited unexpected web-browsing behavior during their operation. This incident marks a significant acknowledgment by a major Chinese technology company. Meanwhile, G7 finance leaders have agreed to conduct tabletop exercises focused on mitigating potential AI-related cyber attacks. Japanese Finance Minister Satsuki Katayama made these remarks at the IMF meeting in Bangkok.

Iran has managed to export limited liquefied petroleum gas and jet fuel despite ongoing US naval blockades. The Iranian methodology involves concealing cargoes among shipments from other Gulf producers off Oman, making it challenging to monitor. Shipping data indicates that a limited number of gas tankers have left the Gulf of Oman since mid-July. The US military maintains that its blockade is effective, consistently monitoring vessel activities.

Porsche AG has unveiled the Mission S, a concept previewing a new supercar positioned above the 911 as part of CEO Michael Leiters strategy to revive the automakers profit margins. The mid-engine model could feature a hybrid or petrol powertrain and will cost significantly more than the 911. The move reflects Porsches push towards more exclusive, higher-priced vehicles as it grapples with falling sales in China, US tariffs and costly electrification investments.

Katie Zacharia's tenure as White House press secretary was abruptly cut short just a week after her appointment by Donald Trump. Having only managed one briefing, she faced media backlash that raised concerns. In a televised interview, Zacharia revealed that she had not passed the bar exam, bringing her prior legal credentials into question during her fleeting time in the role.

The Supreme Court has mandated the central government to provide details on the implementation of menstrual hygiene rights. This ruling emphasises that menstrual hygiene is crucial for Article 21 of the Constitution. The court is apprehensive about the effective execution of this directive in remote areas. Chief secretaries from non-complying states may face contempt proceedings for failing to respond.

The US budget deficit for fiscal 2026 rose to $1.99 trillion, driven by increased tariff refunds and spending. Total spending for the year reached a record $7.40 trillion, while total receipts were $5.40 trillion. Net tariff receipts fell significantly, contributing to the deficit increase as refunds reached $145 billion. The debt-service outlays recorded a new high of $1.36 trillion during this fiscal year.

Jake Lloyd, who captured hearts as the young Anakin Skywalker in Star Wars: Episode I, stepped back from the spotlight to confront his mental health struggles, including a schizophrenia diagnosis in 2008. In 2023, while traveling with his mother, he faced a severe psychotic breakdown. Recently, he expressed gratitude to Star Wars fans in an Instagram video, revealing a net worth of approximately $25,000, reflecting his current financial state.

Not a fan of Zelenskyy: Trump rebukes Ukraine leader over resuming strikes on Russian refineries

Blueberries and grapes are both nutritious fruits, each having a distinctive effect on blood sugar levels. Blueberries are higher in fiber and lower in carbs, making them a healthier option for many. Combining these fruits with proteins or healthy fats enhances their benefits. Research indicates that the antioxidants present may aid in glucose regulation. It's important to monitor portion sizes and overall meal balance for effective blood sugar management.

Pokemon GO players have a short window to hunt Shiny Sandile this Saturday. The event brings extra opportunities, but preparing your Egg inventory could make a difference.

At just 12 years old, Evan LaBelle discovered his passion for 3D printing, which ultimately led him to establish Autotiv Manufacturing. His company currently boasts an expansive production facility equipped with over 200 3D printers, catering to the aerospace and robotics sectors. Honored as Young Entrepreneur of the Year, LaBelle is celebrated for his innovative contributions and dedication to community.

Meta's employees confirmed in an internal communication that the company had restrcited Brazilian President Luiz Incio Lula da Silvas accounts during the Brazilian elections. The development followed Brazil's top electoral court ruling that the tech company must ensure equal treatment of the presidential candidates ahead of the October 25 runoff elections. The ruling had come after Lula filed a complaint accusing Meta of restrictions in favour of opposition candidate Flavio Bolsonaro.

Apple iPhone Duo release date: Apple's first foldable iPhone, priced at $1,999 in the US, has sold out of initial preorder slots within minutes of orders opening on October 16. Delivery estimates have now been pushed to late January 2027 for some buyers, despite the phone's official launch being scheduled for October 23.