The Economic Times
Elections 2026Global Business / The Economic Times
Frances weekend unrest has left luxury boutiques and mainstream retailers grappling with vandalism, looting and disrupted trade. While brands including Louis Vuitton, Celine and Sephora were affected, Carrefour estimated repair costs of over 10 million. With nationwide retail losses potentially running into hundreds of millions of euros, businesses face mounting costs and reputational risks.
Parts of Alaska are preparing for a severe winter storm expected to bring heavy snow and high winds. The National Weather Service has issued warnings for the eastern Alaska Range, with snowfall totals reaching up to 3 feet. Strong winds will accompany the snow, significantly impacting visibility and travel conditions. Fairbanks and surrounding areas are also under a winter storm watch, with snow accumulation expected.
US Secretary of State Marco Rubio said on Monday that Washington is close to finalising a trade deal with India. He said the US considers various factors, including ongoing trade negotiations, while making decisions on national security waivers related to Russian oil and gas sanctions.
'Nothing justifies it, nothing excuses it..': Macron condemns shocking violence scenes across France
'He doesnt care...': Trump says Zelenskyy knows Russian refinery strikes hurt global diesel markets
US Secretary of State Marco Rubio arrived in Samarkand, Uzbekistan, leading a large delegation of business executives. His visit focuses on strengthening trade and investment between the United States and Central Asian countries. Meetings with foreign ministers will address regional security and economic collaboration. Following Uzbekistan, Rubio will continue to India to discuss energy cooperation and strategic partnerships. Both visits aim to deepen bilateral ties and unlock new opportunities.
Cyberattacks targeting critical financial institutions and market infrastructure could disrupt essential financial services and undermine market confidence, the International Monetary Fund (IMF) has warned, identifying cyber threats as a growing systemic risk as financial services become increasingly digital and interconnected.
The bail hearing of Cockroach Janta Party (CJP) leaders Saurav Das and Ashutosh Ranka was delayed on Sunday after the Special Executive Magistrate failed to arrive at the scheduled time, activist Ratna Singh alleged.
Ebola cases in Kenya have risen to eight following the confirmation of another infected individual. This person was in quarantine after being identified as a contact of the first patient. The first patient, who traveled from Congo, died shortly after arriving in Kenya with symptoms. Health officials are monitoring over 130 individuals, including health workers, who had contact with the initial patient.
Chinas economy grew 4.5% year-on-year in the third quarter, beating market expectations of 4.4% and recovering from a more than three-year low of 4.3% in the previous quarter. Growth eased pressure on policymakers to announce further stimulus to meet the annual target of 4.5%-5%.
Brent crude futures dropped $1.80, or 1.64%, to $108.06 a barrel after settling at their highest level since May 19 on Friday. US West Texas Intermediate crude declined 53 cents, or 0.52%, to $100.88 a barrel.
In early Asian trading, gold prices saw a modest uptick as speculation swirled regarding the Federal Reserve's policy stance. Investors are closely watching remarks from Fed Chairman Kevin Warsh on the state of the U.S. economy and rising inflation concerns. As import costs climb, expectations for a rate hike this December are building. Furthermore, unrest in the Middle East is contributing to market volatility, influencing investor confidence.
Oil prices took a tumble after US President Trump eased sanctions on Russia, prompting a surge in fuel exports. Brent crude futures fell to $108.43 a barrel, down from a peak of $110. Ukrainian President Volodymyr Zelenskiy warned that such actions would adversely impact Ukraine, while the US secured a deal to import diesel from Russia.
Iranian Foreign Minister Abbas Araghchi responded to US President Donald Trump's remarks regarding Tehran's course of action. He stated that Iran had previously emerged stronger after threats from the US and challenged Trump to try again. Araghchi criticized Israeli Prime Minister Benjamin Netanyahu for potentially leading the US into another war. Trump expressed support for Netanyahu's leadership and emphasized the ongoing threat from Iran.
Four Canadian service members died and 39 others were injured during live-fire training in Alberta. The fire rapidly spread due to shifting winds, catching soldiers off guard during their exercises. Emergency medical responses involved multiple hospitals treating severe injuries, including burn victims requiring extensive care. The military is investigating the incident, while safety protocols will be reviewed based on the findings.
Ukrainian strikes reportedly targeted an oil export terminal and depot in St. Petersburg, resulting in casualties. U.S. President Donald Trump criticized Ukraine's actions and delayed new sanctions against Russia. Ukrainian President Volodymyr Zelenskyy condemned the waiver of sanctions, stating it would benefit Putin. Hostilities continued with both sides suffering losses, including attacks on energy infrastructure. Ukraine's Foreign Ministry apologized for an errant drone entering Lithuanian a
US President Donald Trump asserts that negotiations for peace between Russia and Ukraine are progressing well. He criticizes Ukrainian President Volodymyr Zelenskyy for not securing a better deal two years ago. Trump suggests that current Ukrainian attacks are damaging global diesel markets and benefiting Russia. Additionally, Zelenskyy reacts to US sanctions relief, expressing concern about increased Russian aggression.
Over the past few months, hardly a day has gone by without Kumaraswamy issuing statements, holding protests or raising fresh allegations against the state government. His attacks have intensified following Congress leader Siddaramaiah's police complaint seeking action against content linking him to an alleged honey-trap episode.
The Ramleela performance in Mohra village was suspended following the death of an elderly local woman. Villagers mourned Gafooran's passing, as she was seen as a family member in the community. Adarsh Ramleela Committee decided to halt the performance out of respect for her contributions. Her death had a profound impact, casting a shadow over the village. Villagers expressed their deep sorrow and loss in response to her passing.
Poultry farmers are currently experiencing losses of approximately 15% due to rising livestock feed costs. Key ingredients have seen price increases of up to 75%, affecting farmers' ability to cope. Dairy producers, particularly in drought-affected regions, struggle to source necessary fodder for their livestock. Feed manufacturers are also feeling the impact as higher prices reduce demand for their products.
The seven-member drafting committee panel, headed by retired Supreme Court Justice Ranjana Desai, has opened a website for the people, where 37 questions are being asked and citizens are asked to give in their opinions before November 15. Maharashtra Chief Minister Devendra Fadnavis has already said that the state will bring in a UCC bill during the Winter assembly session in Nagpur at the end of the year.
An Army officers wife has been booked in Jammu in an alleged espionage case for reportedly preparing research papers on sensitive national security issues using AI tools ChatGPT and Claude. Officials, as cited by PTI, alleged that she was in contact with foreign nationals, including individuals suspected of links to Chinese intelligence agencies. Her mobile phone has been seized for forensic examination, and investigators are probing whether sensitive information was shared.
Tata Sons is reviewing its Articles of Association to comply with Sebi listing regulations, which may impact the influence of Tata Trusts on board appointments. This scrutiny follows the RBI's rejection of Tata Sons' application to relinquish its core investment company registration, necessitating compliance with strict governance standards for listed entities.
After sending vehicles connected to Starshield to Europe to conduct speed checks and finding they operated normally outside Ukraine, officials in Kyiv concluded that restrictions are on the territory of Ukraine - so it is a planned operation, Volodymyr Zelenskyy said.
Trump last week announced an energy ceasefire -- which neither side said they agreed to beforehand -- that quickly collapsed, with Moscow continuing strikes on Ukraine's power grid and Kyiv eventually resuming hits on Russian oil refineries. Trump has been angered by Kyiv's strikes on Russian refineries -- which he says are contributing to a surge in global fuel prices.
A tragic stampede occurred at the Chorbagan Durga Puja pandal resulting in the deaths of 19 individuals. Over 25 people were injured during this incident attributed to poor crowd management and narrow lanes. Seven people have been arrested, including organisers and security personnel, while government officials visited the injured. Financial support has been announced for the families of the deceased and injured individuals.
A high-powered committee led by a Calcutta High Court judge will probe the adverse incident at the Chorbagan Puja Committee. To improve crowd control, nine IPS officers have been assigned to manage the festivals crowds effectively. The disaster management secretary and other officials are inspecting various puja pandals to ensure safety measures. Compensation cheques of 25 lakh will be distributed to the bereaved families on specified dates.
Jantar Mantar has recently been officially designated as a site for demonstrations in India. Jantar Mantar's transformation follows a history of protest locations like the Boat Club lawns. The change brought about noticeable effects on protest dynamics across the region. While protests do not fade away, they often shift in location based on official designations. Authorities face increased scrutiny to manage and maintain these designated sites appropriately.
Astronomers have uncovered a remarkable white dwarf star named WD J1330+6435, situated 326 light-years away from our planet. This celestial body exhibits a striking green color, influenced by the elements present in its atmosphere, particularly sodium. This discovery broadens our perspective on the spectrum of colors that stellar remnants can possess, with the star affectionately dubbed a 'zombie star,' highlighting the intriguing afterlife saga of stars and their planetary systems.
A major fire at Canadian Forces Base Wainwright resulted in seven fatalities according to unnamed sources. The fire erupted during a training session while winds reached up to 60 miles per hour. Health officials declared a mass casualty event to manage the medical response for the injured. Canadian National Defense officials and the Prime Minister expressed their condolences and concern.
Saanich election results: Rishi Sharma has been elected Saanich mayor after securing 45.31% of the vote, while 67.96% of voters rejected a proposed merger with Victoria. The 2026 municipal election also saw five newcomers win council seats, reshaping local leadership in British Columbia. According to preliminary results, 24,663 voters, or 67.96%, voted against amalgamation.
Eight workers tragically lost their lives after being struck by a speeding car in Punjab's Sangrur district. The incident occurred on Lehragaga-Jakhal road near Alisher village while the workers were engaged in their duties. Authorities indicated that five workers died on the spot, while others sustained varying degrees of injuries. The district administration is providing necessary medical assistance to the injured individuals following the accident.
The India Meteorological Department (IMD) has forecast continued rainfall across southern India from October 19 to October 24, 2026, with isolated heavy to very heavy rain likely in Tamil Nadu, Puducherry, Kerala, Karnataka and parts of Andhra Pradesh. Thunderstorms, lightning and gusty winds are also expected in several regions. Here is the state-wise weather forecast, including rainfall warnings, affected dates and the IMD's fishermen advisory for the southwest Arabian Sea.
US President Donald Trump has endorsed Israeli Prime Minister Benjamin Netanyahu, highlighting his leadership against Iran and calling him a reliable partner. Trump emphasized that Iran's threatening rhetoric could lead to serious consequences and commended Netanyahu's strength in dealing with various pressures. He warned of potential US involvement if the leadership in Israel changes. Trump's support is labeled as a complete and total endorsement for Netanyahu's re-election campaign.
France protests on October 17 drew attention to a viral TikTok campaign that reportedly garnered 132 million views and 18 million likes. The online mobilisation revived memories of the 2018 Yellow Vests movement, as students, workers and protesters voiced anger over rising fuel prices, living costs and deteriorating public services.
Gunner Brewer, a senior quarterback at Desert Ridge High School, was dismissed after changing a play during a game. The decision led to the suspension of twelve teammates who supported him in protest. Brewer changed the play to give the ball to his running back instead of running himself. Head coach Miles Smith accused Brewer of disrespecting him, leading to the quarterback's removal.
Donald Trump, known for his negotiation skills, has faced criticism for his failed deals and claims. His presidency has shown that many of his promised agreements did not materialize as expected. Some real accomplishments during his administration included the Abraham Accords and trade agreements. Experts have noted that Trump's approach often hinged on leveraging chaos to maintain control over negotiations.

30 C