The Economic Times
Elections 2026Global Business / The Economic Times
Israeli Prime Minister Benjamin Netanyahu suffered a setback in the national elections, with exit polls suggesting his bloc and opposition leader Gadi Eisenkot's camp each won around 51 seats, while Arab-led parties secured about 18. The results leave the formation of a governing coalition uncertain, with negotiations expected to take weeks. High voter turnout, military conscription exemptions, security concerns and Netanyahu's long tenure emerged as key issues in the election.
A US magistrate judge has rejected a new obstruction charge against two former FBI officials accused of making false statements to Congress about Hunter Biden's laptop, criticising prosecutors for improperly filing the amended complaint without judicial approval. The hearing also raised questions about the investigation's political motivations, with an FBI agent testifying that Director Kash Patel ordered the probe following a speech by President Donald Trump.
US President Donald Trump has announced the termination of a Biden-era rule aimed at reducing methane emissions from oil and gas operations, arguing that the move will save energy producers and consumers $45 billion. The rollback would ease restrictions on oil and gas companies, including requirements to detect and repair methane leaks. Environmental groups have criticised the decision, warning it could increase greenhouse gas emissions and undermine efforts to tackle climate change.
The US State Department has agreed to issue visas to Brazilian senator Flavio Bolsonaro and his family following his election defeat to incumbent President Luiz Inacio Lula da Silva. The development comes as Bolsonaro faces investigations into alleged corruption, money laundering and tax evasion, while questions remain over his whereabouts and whether he has complied with a court order to surrender his passports.
Israeli Prime Minister Benjamin Netanyahu faced a setback in the national elections, with exit polls suggesting his bloc won 50 seats against 52-53 for the opposition and 17-18 for Arab-led parties. However, the results point to a potentially inconclusive outcome, with coalition negotiations likely to determine whether Netanyahu remains in power or Israel heads for another election.
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Nanotyrannus was about half the length of an adult T. rex, and the two creatures coexisted during the Cretaceous period some 67 million years ago.
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Stephen Cloobeck, who founded the Diamond Resorts International timeshare company and ran last year for California governor, contributed more than $23,000 to Swalwells congressional campaigns since 2017, federal campaign finance records show.
The reports assess the progress countries have made towards tackling climate change and achieving the goals of the Paris Agreement. Countries are investing in the clean energy transition, adapting to the impacts of climate change and building resilience, and there are international financial flows to climate action, the reports said.
Grand Theft Auto VI is set to release on November 19, 2026, exclusively for the latest gaming consoles. There are indications that the game could be limited to 30 FPS, which may impact overall gaming experiences. However, it is expected to showcase incredible graphics and a richly populated open world. Although a PC version is still under wraps, it could potentially deliver superior performance on advanced setups.
Taurus full moon is impacting a lot of zodiac signs and till November 1, three signs may face the affect in terms of their relationsip and caree. The period may feel difficult for now but things are expected to take a positive turn till November 1.
Utah officials will announce findings that connect a 1970s homicide to serial killer Ted Bundy. The 1974 murder of Melissa Ann Smith has been associated with this cold case investigation. Bundy's execution in 1989 did not close the remaining questions about his victims and their cases. Advances in forensic science have allowed investigators to revisit unresolved cases, potentially linking them to Bundy's known crimes.
JetBlue Airways CEO Joanna Geraghty has denied reports of debt restructuring talks with creditors, seeking to assure investors after a sharp selloff in the airlines bonds. Her remarks follow reports that creditors hired restructuring advisers PJT Partners and Akin Gump, raising concerns about the carriers financial stability as it continues to struggle to return to profitability.
Microsofts voluntary buyout gives eligible employees financial support to leave but this may also bring trouble in their living status. For some H-1B workers, accepting the exit package could affect their ability to remain in the United States.
Tyler Perry has sparked online buzz after viral pictures allegedly showing him kissing another man circulated on social media. Grok AI suggested the images may be manipulated or AI-generated, though independent verification is needed. Meanwhile, the filmmaker has reportedly listed his sprawling Beverly Hills mansion for $57 million as he prepares to relocate to Puerto Rico.
Cygnus Cross announced a delay in the Early Access launch of Emberville to January 7, 2027. The decision followed player feedback from the demo showcased during Steam Next Fest. Developers emphasised the need for essential improvements to enhance the gameplay experience and combat mechanics. The extended timeline allows the team to implement more significant changes and better address player concerns. Players anticipating the game must now wait a few extra months.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.

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