The Economic Times
Elections 2026Global Business / The Economic Times
The Delhi government has decided to withhold ACP Vivek Bhagat's additional duty charge amid sexual harassment allegations. Bhagat voluntarily requested to delay his new role pending a full inquiry into the accusations. These allegations involve sexual harassment against three women journalists during a recent protest. The complaints have been forwarded to the Crime Branch for a thorough investigation.
US President Donald Trump has said that he is not rushing to resume trade negotiations with Canada. He insisted that any future agreement requires Canada to approach these talks with honesty. Following the breakdown of negotiations in August, significant tariffs have been imposed by both countries. The dispute currently affects the United States-Mexico-Canada Agreement concerning North American trade.
Israel was prepared to shoot down a FlyDubai passenger jet carrying more than 150 Israelis after the captain was attacked in the cockpit and the aircraft plunged 14,000 feet, CBS News reported. Israeli fighter jets were scrambled as authorities assessed whether the plane had been hijacked before it turned towards Saudi Arabia.
The US Department of Energy has made a conditional loan commitment of $4.2 billion to Vistra. This funding will finance upgrades at nuclear power plants located in Pennsylvania and Ohio. The planned projects aim to increase total nuclear capacity by 433 megawatts while extending reactor operations by 20 years. The investment is anticipated to create around 3,000 jobs related to engineering and construction work.
US President Donald Trump criticized Maricopa County officials for an error involving early ballots mailed to voters. About 3,000 ballots were sent out prematurely due to a vendor's mistake, according to officials. Despite the mix-up, the ballots remain valid and can be returned normally. Runbeck Election Services acknowledged the situation was purely accidental and not intentional.
President Trump shifted his stance to encourage voting by mail ahead of the midterm elections. He stated that supporters can vote by mail or in-person on November 3rd. This change follows his previous claims of fraud regarding mail-in voting. Recent polls indicate a challenging political environment for Republicans as Trump's approval ratings remain low. Many voters are still undecided as the election date approaches, complicating the situation further.
Andrew and Tristan Tate are being accused by British authorities of exploiting women for online pornography. The brothers allegedly used romantic promises to lure women to Romania and coerced them into compliance. Accusations include rape, human trafficking, and the use of violence and threats against these women. Their lawyer contends the case lacks transparency due to undisclosed accuser identities.
The Parti Quebecois has regained power in Quebec's provincial election, ending eight years of Coalition Avenir Quebec rule. Paul St-Pierre Plamondon's victory raises questions about Quebec's future in Canada and includes plans for another independence referendum. Despite this win, support for separation remains low, around 30%, reflecting a divided political system. Prime Minister Mark Carney's popularity in Quebec suggests that the separatist sentiment is not widespread.
Dr. Karl Deisseroth received a Nobel Prize for his contributions to optogenetics, which advances brain science. He shared the award with researchers from Germany and has made significant impacts in understanding the brain. Following the announcement, Deisseroth took a brief break to prepare school lunches for his children. His wife, Dr. Michelle Monje-Deisseroth, supported him during this busy time.
Cornell University students held a large rally in Ithaca, showing support for a classmate's gang-rape allegations. The demonstrators called for stronger action against sexual violence and urged an external inquiry into the university's handling of the case. They demanded uniform minimum sanctions for sexual assaults and better training for campus police. The protests followed a lawsuit by the alleged victim that criticized the actions of university officials.
Marimar Martinez filed a lawsuit against the federal government after being shot by a Customs and Border Protection agent. The shooting occurred during an immigration operation on October 4, 2025, when Martinez was in her vehicle. Attorneys claim the agent fired from behind her vehicle while making false statements to the FBI about the incident.
US President Donald Trump stated he personally believes Iran was behind the recent attack on a flydubai flight. The incident occurred when Omani co-pilot Hamam al-Hammami attempted to seize control of the aircraft. Indian Captain Smit Machchhar successfully thwarted the co-pilot's plan and ensured passenger safety. Israeli Prime Minister Benjamin Netanyahu praised Machchhar for his actions and invited him to future celebrations.
Brent crude futures gained 20 cents to $100.54 a barrel, while US West Texas Intermediate crude futures rose 12 cents, or 0.13%, to $89.50 a barrel. Oil was little changed after Mondays decline as traders continued to assess a modest reduction in supply-side concerns.
Gold prices demonstrated stability amidst a stronger dollar, which countered the positive effects of moderating Federal Reserve rate hike anticipations. The price for spot gold remained steady at $4,141.81 per ounce, while US gold futures experienced a slight increase, reaching $4,169.10. The ongoing rise in interest rates raises the opportunity cost associated with gold, making it less appealing for investors.
Oil prices slipped as a result of heightened crude exports from the Middle East, alongside a stockpile release by the G7. Brent crude futures decreased to $100.28 a barrel, while US West Texas Intermediate dropped to $89.33. The recent Houthi attacks on Saudi Arabia have raised concerns about potential regional supply disruptions, although analysts believe that the price floor remains strong under current market conditions.
Florida bus crash: A tragic accident occurred in Winter Haven when a school bus was hit by an oncoming car. The bus carried nearly 40 people, including students and the driver. Following the crash, a student and the driver of another vehicle were reported dead. Emergency responders transported 26 students to local hospitals for treatment and evaluation. Community leaders are urging support for the affected families and school staff during this difficult time.
c. The company's US unit is collaborating with Weil Gotshal & Manges and Ducera Partners for potential restructuring. Multiple lawsuits allege that L'Oreal's products have caused illness and that evidence was concealed. Arizona has filed a lawsuit against L'Oreal for allegedly hiding cancer risks associated with hair relaxers.
Residents in northern Israel are reassessing their political support for Prime Minister Netanyahu as elections approach. Many former supporters express dissatisfaction with the government's handling of recent conflicts. Displaced individuals and business owners cite ongoing trauma and economic struggles following years of warfare. While some still support tough measures against threats, others demand significant change in leadership. The forthcoming election could see a shift in voter loyalty am
Cuba and the United States are not engaged in formal negotiations but maintain communication channels. Lianys Torres Rivera emphasized Cuba's readiness to defend itself against potential US aggression, citing increased preparations. While the Trump administration has tightened the embargo, Cuba continues to pursue free-market reforms. Torres Rivera rejected US claims that Cuba poses a national security threat or interferes in domestic affairs.
Pinterest announced the appointment of James Dibbo as its new chief financial officer effective October 26. Dibbo previously led financial operations for Amazon's Ads and Prime Video businesses, among others. He will succeed Julia Donnelly, who is leaving for a new opportunity at a private company. The company anticipates slower revenue growth due to increased competition in the digital advertising market.
Spain's Prime Minister Pedro Sanchez announced a snap election set for November 29 after parliament rejected proposed housing relief measures. Nationwide protests erupted, with thousands demanding urgent action on housing affordability amidst increasing costs. The proposed measures included automatic renewal of tenancy contracts, but were voted down by opposition parties. Sanchez aims to secure a broader progressive majority to address legislative challenges facing his minority government.
McDonald's is facing a federal lawsuit for allegedly coordinating prices with franchises using an AI-powered pricing system. The complaint claims this practice violates US antitrust laws by fixing prices unlawfully. Furthermore, the lawsuit cites a Reuters article discussing the use of AI for pricing by various fast-food companies. McDonald's denies the allegations and asserts that franchisees set their own prices independently.
Russian authorities have implemented a quarantine at a hospital where a lab technician died from pneumonia. The woman had worked at the Irkutsk Anti-Plague Research Institute in Siberia and raised concerns about a potential infectious disease. Health officials are monitoring individuals who had contact with her and have not confirmed any infectious source. Reports suggest she might have died from pneumonic plague, but this remains unverified.
On October 5, 2026, the US Treasury issued a warning to foreign financial institutions regarding transactions with Iran. It stated that such activities could result in immediate sanctions without warning if not terminated. Increased military actions against Iran have heightened tensions in the Middle East and impacted global energy prices. Additionally, the US has imposed various sanctions on Irans financial and manufacturing sectors to isolate the country economically.
President Donald Trump expressed concern over a recent incident in Siberia where a laboratory worker died. Russian authorities confirmed the situation was under control, although many public health fears arose. Trump mentioned that the US is willing to help Russia with the outbreak. He emphasized cooperation with Russian President Vladimir Putin despite existing tensions. The US aims to provide assistance for this health crisis as needed.
A data breach involving the FBI resulted in the exposure of sensitive information about employees. The breach occurred due to a failure by a contractor to implement security updates. FBI's cyber chief confirmed that the incident was linked to Oracle's PeopleSoft platform used by Accenture. Following the breach, the FBI removed the contractor responsible for this oversight. Accenture has stated its commitment to supporting the FBI's mission moving forward.
LOGINK, originally a project to improve cargo logistics, has seen its international efforts falter significantly. The platform lost key partnerships, withdrew from an international association, and is currently embroiled in legal disputes. Its operations hub in Wenzhou appears abandoned, indicating financial troubles that have emerged in recent years. Additionally, US pressure has contributed to its declining influence in global shipping.
US President Trump's approval rating is stuck at a record low of 32% according to a recent poll. A significant decline in support from Hispanic voters has been noted, with only 24% approving of his performance. Additionally, independent voters show a preference for Democrats over Republicans by 44% to 37% as elections approach. The rising cost of living continues to be the predominant issue affecting voter sentiments this election season.
Diesel price in USA: G7 countries announced last week that they would release 100 million barrels of diesel, after pressure from US President Donald Trump who had considered banning US exports of the fuel.
US President Donald Trump signed an executive order in Nebraska that aims to ease tax limits on diesel fuel. This decision is intended to save farmers millions of dollars and reduce the cost of goods. Trump emphasized that the move would benefit many, including truckers who would save over $100 per fill-up. As he campaigned for the upcoming elections, he expressed confidence in local GOP candidates.
Donald Trump approval rating poll gave numerous signs that Trump's low popularity was weighing heavily on his Republican Party, with registered voters preferring Democrats over Republicans by 44 per cent to 37 per cent less than a month before the November 3 election.
Jeffrey Archer, a well-known British novelist and politician, has passed away at the age of 86. He is renowned for his best-selling novels, including 'Not a Penny More, Not a Penny Less' and 'Kane & Abel'. Archer also served as a Conservative politician and held a senior party position under Margaret Thatcher. His downfall occurred in 2001 when he was imprisoned for perjury and perverting justice.
US yields rose on Monday even as oil prices fell. Oil fell after crude exports from the Middle East increased and the Group of Seven nations pledged to boost supplies.
Shooting of The Batman Part II had been underway in London, with the release scheduled for February 18, 2028. It is yet to be seen if the production pause will have an effect on the films release date.
Caleb Flynn was found guilty of multiple counts by the jury, including murder, felonious assault and tampering with evidence. Flynn apologized to his family just before being sentenced, starting with his two young daughters, who were home when he shot his wife in her sleep.
Bitcoin (BTC USD) is back near its September high, with BTC approaching $88,000 as leveraged short positions pile up. Heres why a break above the key level could put $90,000-$93,000 in focus, and what recent ETF inflows and failed rallies mean for Bitcoins next move.
Quote of the day by Michael Caine: Michael Caine famously stated that rehearsal is the actual work, while the performance is simply relaxation. This idea shifts the focus from the final product to the unseen preparation behind it. True mastery requires intense discipline behind closed doors so that execution appears effortless in public. His philosophy applies far beyond acting, offering a universal blueprint for professional excellence.
British Airways flight BA295 from London to Chicago faced an emergency due to a technical issue. The Boeing 777 descended 28,000 feet in just seven minutes shortly after takeoff. Passengers used oxygen masks and remained on board for four hours while the plane circled to burn fuel. After the aircraft landed safely back in London, passengers disembarked normally.
Trumps $90 Medicare payments and $500 ACA refunds are reaching millions of Americans, but rising healthcare costs could limit how much relief they provide. Heres who qualifies, when the payments are arriving and why the one-time checks may not fully offset higher premiums.
Would the public absorb your catastrophic costs?: NYC Council Speaker hammers Google, OpenAI, Meta
It could end in human extinction: Ex-Anthropic researcher stands by AI could kill us all claim
America isnt your playground: Kash Patels FBI nabs Chinese spy tracking Taiwan Presidents son
Robert Kelker-Kelly, renowned for his portrayal of Bo Brady on 'Days of Our Lives,' died at 62. He was found unresponsive at his home after mentioning chest pain shortly before. Emergency responders attempted lifesaving measures but were not successful. Authorities noted no suspicious circumstances surrounding his passing. The exact cause of his death remains undisclosed.
Texas has set October 5 as the final date for voter registration ahead of the November 3 election. Voters can register online but must return the application via mail or in person. Early voting is scheduled from October 19 to October 30, allowing citizens to participate in the upcoming elections. Concerns have been raised regarding the Texas Election Administration Management system affecting registrations.
The co-pilot of Smit Machchhar had plans of crashing into Ben Gurion airport earlier this year as well; he was a failed student at Melbourne university.
The oil stockpiles that cushion the world from supply shocks have become scarily thin, putting markets at risk of worsening unless Hormuz reopens, according to the head of Aramco. When the US-Iran war began, the world had 10 billion barrels of reserves , that has fallen to less than 6 billion, he said.
Trentar Private Limited intends to invest 30,000 crore for a 500 MW green data centre park in Maharashtra. The company is assessing land options and aims to finalize evaluations within a month. An MoU with the Maharashtra government is expected to be signed soon. Permissions and approvals will be facilitated by the state government for the project under existing regulations.

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