Gopichand Hinduja, billionaire and co-owner of the Hinduja Group, has died at the age of 85 after a long illness. He was known as the richest man in the UK.
The UN warns of dangerous global warming of up to 2. 8°C, despite minor improvements in climate policy. A report by the organization, published ahead of climate talks in Brazil, points to rising emissions and the lack of significant impact of current policies on their reduction.
Serbia is considering early parliamentary elections as a way to stabilize the internal situation after mass protests. President Aleksandar Vučić proposed holding elections earlier to overcome political tensions.
Michael Jackson's estate secretly paid $2. 5 million to five plaintiffs who accused the singer of sexual abuse. This payment completed a settlement initiated in 2020 for $16.5 million.
Dmitry Peskov commented on reports of the cancellation of the meeting between Putin and Trump in Budapest on October 31. He urged to "focus on official wordings, not on media assessments."
The planned summit between Trump and Putin in Budapest has been canceled due to Russia's tough demands regarding Ukraine. The decision was made after a tense conversation between diplomats.
Germany plans to purchase up to 12,000 kamikaze drones from startups Helsing, Stark, and defense giant Rheinmetall for approximately 300 million euros. These drones are intended for the German brigade in Lithuania, which will defend NATO's eastern flank against Russia.
OpenAI head Sam Altman and his team signed multi-year deals with Nvidia, Oracle, AMD, and Broadcom worth $1. 5 trillion without involving external consultants. This drew criticism due to the lack of detailed financial terms and unconventional deal structures.
The Swedish group Saab is considering opening a plant in Ukraine for the final assembly of components for JAS 39 Gripen E fighter jets. This is due to an agreement between Ukraine and Sweden on the purchase of 100-150 combat aircraft.
US President Donald Trump this week imposed sanctions on Rosneft and Lukoil, using the surplus of oil on the global market to weaken Russia's war chest. This move was made possible by a significant drop in global oil prices, which allowed Washington to more aggressively target Russian oil.
The team of European Council President António Costa is changing the conclusions to persuade Belgium to support a €140 billion loan to Ukraine. EU leaders are discussing new wording that addresses the red lines of Belgian Prime Minister Bart De Wever.
The cyberattack that crippled Jaguar Land Rover became the most damaging cyber event in UK history, causing losses of £1. 9 billion. The incident affected over 5,000 British companies, and the government provided JLR with a £1.5 billion loan guarantee.
The meeting between the US Secretary of State and the Russian Foreign Minister was scheduled for October 30 in Budapest. This meeting was supposed to precede a possible US-Russia summit.
The EU is considering classifying ethanol as a hazardous substance, which could lead to a ban on its use in hand sanitizers. An internal ECHA recommendation from October 10 identifies ethanol as a toxic substance that increases carcinogenic risks and pregnancy complications.
EU's top diplomat Kaja Kallas commented on the Financial Times article, which states that Donald Trump called on Volodymyr Zelenskyy to accept Putin's terms. Kallas emphasized the resilience of Ukrainians and the negative consequences for the international order if the aggressor achieves its goals.
Donald Trump stated that he never discussed with Volodymyr Zelenskyy the possible transfer of Donbas to Russia. The US President believes that the parties should stop at the current lines and return home.
On October 17, Donald Trump urged Volodymyr Zelenskyy to agree to Moscow's terms to end the war, citing Putin's threats to "destroy" Ukraine. Trump insisted on handing over control of Donbas and reiterated the Kremlin's arguments.
Donald Trump believes that Vladimir Putin will not stop the war without obtaining Ukrainian territories, claiming that he has already gained some land. Putin sees the war as his “historic mission” and may agree to return Zaporizhzhia and Kherson regions in exchange for full control over Donetsk region.
Russian dictator Vladimir Putin does not want to end the war in Ukraine, as he is confident of his victory and views the conflict as a "historic mission. " He believes he has the upper hand on the battlefield and is willing to ignore the destruction of the Russian economy.
Washington and Riyadh are negotiating a strategic defense agreement that could be concluded during Crown Prince Mohammed bin Salman's visit to the White House in November. Saudi Arabia is interested in guarantees similar to the US agreement with Qatar, which considers an attack on Qatar a threat to the US.
The EU has proposed using part of a €140 billion loan, backed by frozen Russian assets, to purchase American weapons for Ukraine. This is on condition that Washington continues to support Kyiv in its defense against Moscow.
During a meeting in Alaska, Russian dictator Putin did not want peace in Ukraine; instead, he began talking about a "single nation" with Ukrainians, which led Donald Trump to almost walk out of the meeting and raise his voice several times.
The United States may provide Ukraine with 20 to 50 Tomahawk missiles, which may not be enough for sustained attacks against Russia. In total, the US has 4,150 such missiles.
Trump will meet with Ukrainian President Volodymyr Zelensky in Washington on October 17. The meeting will follow two phone calls during which military support and ways to end the war with Russia were discussed.
The Dutch government has taken control of the Chinese company Nexperia, a semiconductor manufacturer. This is done to ensure the supply of microchips for automotive and consumer electronics in the Netherlands and Europe.
The Financial Times reports that the US has been helping Ukraine for months to strike Russia's strategic energy facilities. The goal is to weaken the Russian economy and force the Kremlin to negotiate.
NATO allies are discussing more decisive measures in response to Russian provocations, including the deployment of armed drones and easing restrictions for pilots on opening fire. The goal of the negotiations is to raise the cost for Moscow for its "hybrid war" and develop clear countermeasures.
Japan is experiencing the most acute labor crisis in modern history due to an aging population and low birth rates, threatening the stability of all industries. The new leader of the Liberal Democratic Party, Sanae Takaichi, recognizes the need to attract foreign workers to solve this problem.
Donald Trump is actively lobbying for his candidacy for the Nobel Peace Prize, insisting that he deserves it for his attempts to end the war in Gaza. Experts in Oslo warn that such an aggressive approach could backfire.
The European Automobile Manufacturers' Association (ACEA) called the EU's plans to ban the sale of internal combustion engine cars from 2035 "very tough. " It called for measures that would give manufacturers greater flexibility, warning that current plans are based on outdated assumptions.
