New Bradford Interchange station confirmed for Northern Powerhouse Rail
The government says a replacement station will allow through trains between Leeds and Manchester, with delivery planned for the 2030s.
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Samsung Bioepis announces 10-year SB12 supply deal for Brazil’s public health system
The company says it will supply the rare disease biosimilar from 2027 under a Brazilian program that also calls for technology transfer to local partners.
New Zealand–India trade deal takes effect, changing tariffs for primary exports
The agreement removes the sheep meat tariff immediately and phases in other cuts, while access for some fruit and honey remains conditional and dairy is excluded.
Micron’s Taoyuan union plans Taiwan strike as bonus dispute escalates
The union said it would strike on October 20 during mediation involving a separate Micron union in Taichung, seeking a concrete profit-sharing proposal.
National Australia Bank plans to cut up to 2,500 jobs in restructure
The planned cuts amount to about 6% of NAB’s workforce. The bank expects up to 1,500 roles to go by the end of 2026 and says customer-facing roles will not be materially affected.
Burnham announces new protections against private parking charges
Drivers would get grace periods and new grounds to challenge charges under private parking rules announced by Prime Minister Andy Burnham.
US and Uzbekistan sign investment agreement during Rubio’s Central Asia visit
The two countries say the agreement would total $12 billion when implemented, as Washington seeks deeper commercial ties across Central Asia.
France summons Vinted and other marketplaces over suspected looted goods listings
French ministers called online marketplaces to a meeting after suspected listings appeared following weekend looting. Vinted says it has removed potentially linked items and...
Future Investment Initiative postpones Riyadh conference to 2027 amid Houthi attacks
The October gathering was expected to bring global finance leaders to Riyadh. Organisers say they will announce new dates soon, while reporting points to mounting security...
Prosecutors allege Saudi support for former OpenAI employee accused of planting recorder
A new detention filing cites Abdulrahman Alfozan’s contacts with a Saudi royal family member and travel arrangements for his family. His lawyer disputes that he is a flight risk.
CoreWeave gains after Goldman upgrade as AI stocks rebound from selloff
AI-linked shares rose on 19 October after a steep decline the previous week, but elevated borrowing costs remained a concern for investors.
Oil prices fall after Trump waives Russia sanctions, with Middle East supply risks still high
Brent and US crude fell by about 2% on Monday after a US waiver of Russia-related sanctions. Disruption around the Strait of Hormuz remains a concern for traders.
Barclays’ private credit derivatives face reported review by UK banking regulator
The Prudential Regulation Authority reportedly began examining how Barclays recorded derivatives used to finance private credit lending after an insider raised concerns.
India–New Zealand trade deal set to start October 20 with duty-free access for Indian exports
The agreement is scheduled to remove New Zealand tariffs on Indian goods, while India will retain exclusions and apply quotas to some imports.
RBI accepts ₹1 lakh crore in seven-day repo auction as bank liquidity surplus narrows
Banks bid for more than the amount on offer in the Reserve Bank of India’s October 19 operation, BusinessLine reported, as surplus funds in the banking system declined.
IllustrationIndian rupee falls to provisional 94.92 per dollar, ending six-session rise
The currency slipped three paise on October 19 as Indian shares fell. PTI cited foreign investor outflows and oil prices among the pressures on the rupee.
Netflix faces engagement questions before third-quarter results
Investors are watching signs of slower viewing and higher US churn as Netflix prepares to report third-quarter results on October 20.
Elon Musk says he plans to give a SpaceX share to every US child in 2027
Musk says he will distribute one of his shares to each child in the United States next year, but has not explained who would qualify or how the transfers would work.