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The Economic Times

Global Business / The Economic Times

Who is Eric Swalwell and what did he do?Why did billionaire Stephen Cloobeck let him stay at his California mansion before the FBI raid?

Eric Swalwell is facing serious allegations of sexual misconduct, leading to the FBI's recent raid. The operation targeted billionaire Stephen Cloobeck's mansion, who previously supported Swalwell during his campaign. After allegations surfaced, Cloobeck ended his association with Swalwell and expressed his disappointment. Swalwell has denied any wrongdoing while the investigation continues to unfold with multiple women coming forward.

27 Oct 2026 11:33 pm
Trump says he will accept US midterm results if elections are 'honest'

Donald Trump declared he would accept the US midterm election results if they are viewed as honest and valid. Yet, he raised alarms about possible Republican setbacks fueled by renewed allegations of voter fraud. To rally his supporters, Trump has engaged in multiple rallies and announced a cash incentive for information that leads to voter fraud prosecutions.

27 Oct 2026 11:29 pm
Lula's re-election revives Brazil-US tensions

US President Donald Trump has expressed doubts about the legitimacy of elections won by Brazilian President Luiz Inacio Lula da Silva. This remark occurs after Lula secured a fourth presidential term, potentially amplifying tensions between the two leaders. Despite their disagreements, both countries maintain significant economic ties and shared strategic interests. Trump seeks to distance Brazil from China while addressing inflation issues through Brazilian trade.

27 Oct 2026 11:17 pm
Russia says three tankers with diesel en route to US

Three tankers transporting Russian diesel are currently making their way to the United States. A fourth tanker is scheduled to depart on Wednesday as part of an agreement between the United States and Russia. This deal involves easing sanctions on Russia in exchange for diesel supplies amid rising fuel prices. Ukrainian President Volodymyr Zelensky has criticized this decision as a 'weak decision' regarding US support.

27 Oct 2026 11:13 pm
Congress plans public impeachment programme for CEC Gyanesh Kumar at Kharge's residence on October 30

INDIA bloc has announced a public impeachment program against Chief Election Commissioner Gyanesh Kumar for October 30. Congress President Mallikarjun Kharge convened opposition leaders for this event taking place at his residence. A rally is scheduled for November 1 at Ramlila Maidan, with police approval subject to certain conditions. Organisers must ensure the event concludes by 5 pm and maintain proper facilities for attendees.

27 Oct 2026 11:03 pm
'Talked to RBI, forcible recovery from farmers should be stopped': Maharashtra CM

Maharashtra Chief Minister Devendra Fadnavis announced efforts to halt forceful loan recoveries by microfinance companies affecting farmers. As drought conditions worsen, the state government will provide Rs 5,000 relief to farmers during Diwali. The government approved Rs 1.5 lakh crore for additional assistance while ensuring direct fund transfers to farmers. Deputy Chief Minister Eknath Shinde confirmed that multiple benefits would be offered to farmers declared under drought.

27 Oct 2026 11:01 pm
Government mulls simplifying application process under Press Note 2 to ease FDI flow from border nations: Sources

The government had relaxed FDI restrictions imposed under Press Note 3 for countries sharing land borders with India, such as China and Pakistan, through Press Note 2 in March.

27 Oct 2026 10:56 pm
Who is Moses Mujurizi, Ugandas alleged cannibal serial killer accused of killing 38 people and eating their remains?

Moses Mujurizi has been charged with the shocking allegations of murdering and consuming the remains of 38 victims over a span from 2010 to 2025. Authorities are investigating potential accomplices who may have aided in these gruesome acts. Law enforcement is also delving into unsolved missing person reports associated with Mujurizi, as his future now hinges on the evidence that surfaces in the forthcoming court hearings.

27 Oct 2026 10:44 pm
Is Benjamin Netanyahu winning Israel elections 2026? When will the results come out and what happens next

Israel election results: Israelis are voting to elect members of the 26th Knesset amid a divided political landscape. Prime Minister Benjamin Netanyahu faces tough competition from Gadi Eisenkot and others as polls indicate a potential hung Parliament. Many voters are concerned about security issues following the recent Hamas attack on October 7. The final election results are expected to be released by November 4, after ballot counting.

27 Oct 2026 10:44 pm
Weve certain things in common, Jeffrey: Trump-Epstein row explodes; Dems release 50-page report

Weve certain things in common, Jeffrey: Trump-Epstein row explodes; Dems release 50-page report

27 Oct 2026 10:34 pm
Russian oil refineries boost output as drone attacks halt after US-brokered deal, sources say

Russian oil refineries have increased crude processing by 25% in the second half of October. This increase followed the cessation of persistent drone attacks on the facilities by Ukrainian forces. Amid these attacks, authorities had previously banned the export of gasoline and diesel to manage internal fuel shortages. After the attacks stopped, refineries swiftly restarted operations, which allowed for increased diesel production.

27 Oct 2026 10:10 pm
Fords new $30,000 EV truck can power a home during an outage without an external inverter, potentially making backup electricity cheaper

Ford's upcoming Fathom electric truck is set to provide home backup power during outages. The truck features integrated bidirectional charging technology for efficient electricity transfer. Estimated costs for necessary home power equipment will be around $2,000, significantly lower than previous systems. Homeowners may need to upgrade their electrical setups to utilize this technology efficiently. The Fathom aims to appeal to buyers seeking multifunctional electric vehicles.

27 Oct 2026 10:07 pm
Trump wants AI renamed Super Intelligence, plans to ban term Artificial Intelligence

Donald Trump expressed his intention to ban the term artificial intelligence in all official documents. He argued that the term is inaccurate and should be replaced with super intelligence. This declaration was made via a post on Truth Social. He questioned why certain publications do not adopt this preferred terminology. Trump's comments reflect a growing debate about the terminology used in technology discussions.

27 Oct 2026 9:58 pm
Trump returning to Texas for a high-stakes push to keep the state in Republican hands

President Donald Trump will campaign in Texas to support Republican Ken Paxton in the upcoming midterm elections. This effort is aimed at maintaining Republican dominance in a state where Democrats have struggled for decades. Trump will be joined by Secretary of State Marco Rubio, showcasing a newly arrived Venezuelan oil tanker. Meanwhile, Democrat James Talarico seeks to capitalise on the political environment and Paxtons challenges.

27 Oct 2026 9:36 pm
Glasgow: Two-year-old boy mauled by dog, animal euthanised

In a shocking incident in Glasgow, a two-year-old boy was attacked by a dog in a private residence and required hospitalization. Emergency services reacted swiftly, arriving promptly at the scene. The authorities made the difficult decision to euthanize the dog involved while investigations began. Police are diligently collecting information about the attack, raising alarms regarding the growing number of dog-related incidents in Scotland and the need for child safety protocols.

27 Oct 2026 9:31 pm
Shows why he was a lousy president: Trump hits back at Obama over 'Cheesecake Factory' jibe

Donald Trump responded to Barack Obama's critique of White House renovations during an election rally in Ohio. Obama compared Trump's renovation choices to a Cheesecake Factory designed by former Iraq President Saddam Hussein. Trump claimed the White House had been neglected by past administrations and asserted that extensive repairs were necessary. He emphasised the importance of maintaining the White House as a symbol of America and its proper vision.

27 Oct 2026 9:20 pm
Europe needs to better prepare for warmer temperatures: European Union

The European Union on Tuesday warned of the need to better prepare for a feared 3C rise in global warming as it unveiled new rules to force member states to act. The EU remains committed to limit global warming to 1.5C, but European climate chief Wopke Hoekstra warned it would be unwise not to prepare for the scenarios during a press conference.

27 Oct 2026 9:12 pm
Walmart canned fruit cocktail recalled across US sparks alarm over lead contamination: What to do if you have it at home

Over 44,000 cans of Great Value Fruit Cocktail are recalled due to potential lead contamination concerns. The recall, initiated by Pacific Coast Producers, began on October 1, 2026, and classified as a Class II recall. Consumers should check for specific product details to determine if their canned fruit is affected. Those with recalled products should not consume them and return them for a possible refund.

27 Oct 2026 9:10 pm
Netflix stock price is down 32 per cent this year: What led to this downfall? Check predicted target price, market value

Netflix trades at nearly 18.3 times expected earnings over the next 12 months, compared with 14.76 times for Walt Disney and 6.26 times for Comcast.

27 Oct 2026 9:09 pm
Brazil cancels Flavio Bolsonaros passports after he misses Supreme Court deadline

Flavio Bolsonaro has not submitted his passports to Brazil's federal police by the required deadline. The Supreme Court mandated the surrender following a ruling from Justice Alexandre de Moraes. This ruling also prohibits him from leaving the country and contacting his lawyer, Willer Tomaz. Bolsonaro is under investigation for money laundering, which he denies, claiming the actions are politically motivated.

27 Oct 2026 9:07 pm
Susan Saint James dies at 80: Why the actor walked away from Hollywood at the height of her fame

Susan Saint James built a notable television career before stepping back to focus on her family. She prioritized her children's upbringing over continuing her acting career in Hollywood. Saint James remained involved in charitable work, especially supporting the Special Olympics and other causes. After her son's tragic death, she dedicated time to helping grieving parents cope with their loss.

27 Oct 2026 9:07 pm
Boeing reports smaller loss as it aims for stable output growth

Boeing on Tuesday reported a smaller quarterly loss compared with the same period last year -- when plane certification delay costs heavily dented results -- as it ramps up output carefully. The aviation giant reported a third-quarter loss of $116 million, compared with a loss of $5.3 billion in the year-ago period mostly from delays to certification of the 777X, the latest generation in Boeing's long-range, wide-body commercial jet family.

27 Oct 2026 9:04 pm
Israel election may lead to deadlock, minority or unity government: Experts

A political party or coalition of parties must secure support of 61 lawmakers needed for a majority in the 120-member Knesset, Israel's parliament. Senior Israeli journalist and political commentator Yaron Deckel outlined three possible scenarios, saying the outcome would depend on the final seat tally and the ability of rival camps to secure support from smaller parties, including Arab-led groups.

27 Oct 2026 8:51 pm
Russia's Lavrov says conflict in Ukraine will continue and is likely to escalate

In a recent statement, Russian Foreign Minister Sergei Lavrov warned that the situation in Ukraine could worsen in the days ahead. He noted that European countries have failed to contribute new viewpoints on the issue. Lavrov also discussed a recent phone conversation involving President Vladimir Putin and the leaders of Finland and Norway, who are keen to actively participate in negotiations.

27 Oct 2026 8:46 pm
Finland, Norway leaders' call to Putin was coordinated with Kyiv, Ukrainian FM says

Leaders of Finland and Norway recently communicated with Russian President Vladimir Putin regarding diplomatic efforts. Ukraine's foreign minister Andrii Sybiha confirmed that this call was coordinated with Ukraine. He expressed appreciation for the active support of Finland and Norway in the ongoing peace process. The involvement of these leaders highlights continued international interest in resolving the situation in Ukraine. This coordinated diplomatic effort reinforces Ukraine's commitment

27 Oct 2026 8:43 pm
My kids saw everyone making fun of me: Katie Zacharia breaks silence after five-day White House stint, recalls tough night

Katie Zacharia shared her whirlwind experience as White House press secretary, a role she held for just five days. Following her first press briefing, the backlash and online criticism were overwhelming. However, she highlighted her commitment to integrity, particularly for the sake of her children. Conversations with President Trump led to her departure as she seeks new endeavors while continuing to support him from outside the administration.

27 Oct 2026 8:10 pm
Kazakhstan economy registers strong growth since 2019

President Kassym-Jomart Tokayev reported that Kazakhstans GDP per capita has surpassed $15,000 in recent years. Economic growth has been marked by a 30% increase since 2019, highlighting a strong recovery. The National Fund for Children program has aided over seven million children with a total of $2.5 billion. Significant housing developments have occurred, with more than 20 million square meters commissioned last year.

27 Oct 2026 8:05 pm
US midterm elections 2026 funding is quietly shaped by cryptocurrency donations. Check how fat checks are benefitting Donald Trump, Republicans

Cryptocurrency executives have spent on crypto-friendly candidates and crypto super political action committees, or PACs, that can raise and spend unlimited sums, contributing towards the industry's $175 million blitz this cycle, according to federal filings.

27 Oct 2026 8:02 pm
French diplomat 'intimidated' in Iran by suspected security agents: source

France's deputy chief of mission in Tehran was this month subjected to intimidation by individuals claiming to belong to the Iranian security forceson Tuesday. The incident, the second involving French diplomats in Tehran in less than four months, highlights the sharp deterioration in relations between France and Iran.

27 Oct 2026 7:52 pm
UK's 'Be Ready' campaign: Is Britain preparing for war amid Wes Streeting's warning over Putin's Russia threat?

The UK government has launched its Be Ready campaign, urging households to stock up on food, water and other essentials to survive at least 72 hours during an emergency. The initiative comes as Defence Secretary Wes Streeting warns that Britain must be prepared for a potential war by 2030 amid growing concerns over Russias military capabilities.

27 Oct 2026 7:48 pm
3-year-old scores goals, then police arrive: What happened at a Florida youth soccer game as parents claim he was kicked out for being too good

A youth soccer game in Florida escalated when police intervened due to a dispute involving a 3-year-old player. The child's parents claimed he was asked to leave for being too talented for his peers. Meanwhile, the league organizer suggested the boy was pushing other players during the game. The Winter Park Police Department clarified that no one was arrested or forced to leave the park.

27 Oct 2026 7:26 pm
Meghan Markle, Duchess of Sussex, returns to Australia after speaking out about estranged father Thomas Markle on sexual abuse claims

Meghan Markle, the Duchess of Sussex, is set to return to Australia in 2027 to appear on Junior MasterChef Australia. Her upcoming television project comes amid renewed attention on her estranged father, Thomas Markle, following allegations involving child sexual abuse material that he has denied. No date has been set for production, which will take place at Melbourne Showgrounds.

27 Oct 2026 7:01 pm
In 2016, a North Carolina solar company began using 80 sheep alongside mechanical and chemical methods; the operation later grew to 590 sheep across 300 acres

North Carolina has employed sheep for vegetation management in solar farms to reduce mechanical maintenance. This strategy began as an experiment in 2016 and has expanded significantly since then. A study showed higher organic matter and soil health in grazed areas, though longer-term data is needed. Grazing costs can be competitive with mechanical methods over extended periods. The solar energy sector is growing, necessitating sustainable management solutions like sheep grazing.

27 Oct 2026 7:00 pm
After US's FORTRESS plan and UK's 'Be Ready' campaign, Japan issues advisory for households to prepare for emergencies. Here's all we know

In light of potential natural disasters such as earthquakes, Japan's government encourages its citizens to stock essential supplies for up to three days, emphasizing self-sufficiency during emergencies. Simultaneously, the UK has reintroduced its 'Be Ready' campaign to raise awareness about preparedness for various crises. The US Pentagon is also accordingly planning military bases for 90 days of self-sustainability, highlighting the crucial need for household readiness in unpredictable situatio

27 Oct 2026 6:48 pm
Apple iPhone Duo display issues: Who can request a replacement as cracks emerge near the hinge and Apple responds to customer complaints?

Apple has acknowledged display issues affecting some iPhone Duo units and is offering replacements for affected devices. Customers experiencing problems are advised to contact AppleCare for assistance related to their displays. The company has not provided detailed information regarding the cause of the reported damages. Early indications suggest that this may impact long-term customer perceptions of the product.

27 Oct 2026 6:31 pm
When US national parks closed in 2020, scientists tracked 229 mammals in 14 parks; animals near developed areas began using those spaces differently from before

Recent research reveals that the temporary closure of US National Parks led to notable shifts in wildlife behavior. During the pandemic lockdown, certain animals, like wolves and mountain goats, avoided human interactions. However, parks that became busier saw mule deer and red foxes engaging more with human spaces. This study sheds light on how diverse species adapt differently to human presence within these protected areas.

27 Oct 2026 6:30 pm
In 2025 Poundland sold to Gordon Brothers at 1, now the UK discount retailer is staring at insolvency

Poundland may soon face insolvency, with the potential loss of approximately 600 UK stores and over 10,000 jobs. The crisis unfolds as major owner Gordon Brothers resists an emergency sale put forth by Martin Property Group. This clash could propel Poundland into insolvency proceedings imminently. However, a fresh takeover bid within the next 48 hours could still change the course of events.

27 Oct 2026 6:05 pm
Who is People's Sexiest Man Alive 2026? How People magazine chooses its winner, the criteria it considers and what goes into the selection process

Who is the sexiest man alive in 2026? Noah Wyle has been named People magazines Sexiest Man Alive 2026, but how does the magazine choose its winner? From reader polls and celebrity opinions to focus groups and editorial discussions, here is a look at the selection process and the factors considered for the annual title.

27 Oct 2026 6:04 pm
Penn scientists tracked fruit flies in outdoor cages for four months; seasonal shifts were linked to genetic changes across more than 60% of the genome

In an intriguing four-month investigation conducted in Philadelphias experimental orchard, researchers studied Drosophila melanogaster fruit flies and discovered that over 60% of their genome underwent transformations driven by environmental pressures. The study highlighted that different traits can evolve at variable rates, suggesting a complex nature of adaptation. These findings enhance existing knowledge regarding evolutionary changes, which may also be relevant to longer-lived species like

27 Oct 2026 6:00 pm
SoFi stock price jumps over 10 per cent after SoFi Technologies Inc Q3 earnings report beats Wall Street estimates, check revenue forecast

SoFi earnings: SoFi Technologies Inc's adjusted net revenue surged 44 per cent to a record $1.4 billion in the third quarter, beating expectations of $1.25 billion, according to LSEG estimates.

27 Oct 2026 5:58 pm
Pia Dandiya's $12.7 Million Net Worth: How the Florida Congressional candidate built her career

Pia Dandiya is contesting for a seat in the US House of Representatives for Florida's 22nd district. Her wealth, primarily attributed to her career at Apple, has garnered scrutiny in her campaign. Dandiya's experience spans teaching, public service, and corporate roles, which influence her policy approach. She advocates for economic opportunities and affordability amidst questions about her financial status.

27 Oct 2026 5:44 pm