US refiners are enjoying a windfall as wars drive fuel prices higher for consumers. While oil producers’ income has faced scrutiny, less prominent refiners have seen their margins rise fourfold.
Emerging markets are outperforming developed markets as the bond sell-off intensifies. Fiscal discipline, strong institutions and a willingness to fight inflation have so far shielded developing countries.
Speculation that far-right presidential candidate Flávio Bolsonaro could seek to remove Our Lady of Aparecida as Brazil’s patroness has triggered a nationwide outcry ahead of Sunday’s vote. With Bolsonaro and Catholic leftwing president Luiz Inácio Lula da Silva tied in polls, analysts say the dispute could affect the knife-edge race.
Brazil electionFlávio BolsonaroLulareligious tensions
Brazilian voters will choose on Sunday between incumbent President Luiz Inácio Lula da Silva and the son of former President Jair Bolsonaro in a closely contested election. If neither candidate wins an outright majority, a runoff will be held on October 25. Al Jazeera’s Monica Yanakiew explains what is at stake.
The Guardian’s Latin America correspondent Tom Phillips reports on Brazil’s presidential election this Sunday. Flávio Bolsonaro, son of jailed former president Jair Bolsonaro, is seeking the presidency while campaigning for his father’s release. The podcast examines how Brazil reached this point again and what a Flávio victory could mean for the wider region.
Brazil presidential electionFlávio BolsonaroJair BolsonaroLatin America
Petrol station operator EG Group has delayed plans for a New York listing. It had aimed to raise about $1bn at a $9bn valuation, while the delay has attracted takeover interest.
Russia plans to call up about 120,000 conscripts between October and December, while promising they will not be sent to fight in Ukraine or in four Ukrainian regions Moscow claims to have annexed. Similar assurances in 2022 were followed by an admission that some conscripts had been deployed and captured. Rights groups and independent reports have also documented pressure on conscripts to sign contracts that allow combat deployment.
U.S. Trade Representative Greer said a trade deal with India was not imminent after a call between Indian Prime Minister Modi and U.S. President Trump. U.S.-India ties have been strained for more than a year, while India faces the risk of tariffs as high as 100% for continuing to buy Russian oil.
U.S. Trade Representative Jamieson Greer said Thursday that the Trump administration was working with India to finalize a bilateral trade agreement, but said a deal was not close to being completed.
Brazil has opened an investigation into an alleged plan by the Trump administration to fund far-right causes in the country. The probe comes as Lula and Flavio Bolsonaro prepare to face each other in a consequential election that could shape Brazil’s developing economy and future for decades.
Brazil’s Attorney General Jorge Messias has asked law enforcement to investigate alleged US interference in Brazil’s domestic politics through funding for far-right causes. The request follows a Guardian report that the Trump administration planned to give $1m to right-wing civil groups opposing Brazil’s Supreme Court, ahead of a tense presidential election.
A letter written in 1936 and found in the archive of Salamanca’s Casa-Museo Unamuno confirms that Spanish writer Miguel de Unamuno dined with H. G. Wells, author of The War of the Worlds, before they went to the cinema together in London.
The Trump administration is urging Germany, France and other European allies to immediately release strategic diesel reserves to help contain soaring fuel prices. The EU’s energy task force will meet urgently on Friday. European officials warned that a US diesel-export ban could have dramatic economic consequences.
diesel reservesfuel pricesUnited StatesEuropean Union
President Donald Trump said the United States may ask European countries to release diesel reserves as Washington seeks to contain price rises linked to the war on Iran. US officials urged Europe to tap emergency stocks, while the EU trade chief warned that a US diesel export ban would harm Europe’s economy.
Donald Trump says he may restrict US diesel exports to ease domestic prices before the November elections, while urging European countries to release reserves. Britain has discussed a coordinated response with European partners, but experts warn that cutting US supplies could drive diesel prices higher worldwide.
The United States urged European allies on Thursday to release strategic diesel reserves immediately to help curb fuel prices driven higher by the US war on Iran. EU states are due to discuss a coordinated response on Friday, as Washington intensifies pressure after President Donald Trump suggested banning US diesel exports.
diesel reservesfuel pricesUnited StatesEuropeIran war
U.S. Energy Secretary Chris Wright said he was “highly confident” Europe could help ease soaring global fuel prices by drawing down emergency diesel inventories. He added that he believed “some positive news” was coming.
diesel inventoriesfuel pricesEuropeUS Energy Department
Britain is discussing the release of emergency diesel stocks with European allies after Donald Trump threatened to cut off US fuel supplies. UK ministers spoke with the European Commission, Germany, France, Italy and Ireland, while EU states are preparing coordinated talks on measures to address high prices.
A preprint covering Sept. 1, 2025, through Aug. 31, 2026, found that professional-operated propAMMs had a 0.26-basis-point reference-relative execution-cost proxy for quiet SOL/USDC trades, versus 2.59 basis points for public AMMs. But cheaper swaps do not establish positive liquidity-provider returns: stale quotes, arbitrage, asset exposure, fees and operating costs also matter, and the short sample cannot show that propAMMs caused aggregate passive-LP losses.
Discontent among India’s youth is growing, with protesters taking to the streets. An Indian artist says the Modi government changed his voting status and removed his Instagram post; he plans to join a Cockroach Janta Party-led protest expected to draw thousands and demand change.
India politicsyouth protestsvoter statusModi government
Annual core inflation in Tokyo accelerated in September at its fastest pace in 10 months, pointing to mounting price pressure and strengthening the case for further interest-rate increases by the Bank of Japan.
Ukraine’s government estimates that damage from its conflict with Russia has exceeded $600 billion, Ambassador to Hungary Fyodor Shandor said. He cited losses of more than $60 billion in industrial sites, $96 billion in transport infrastructure and over $100 billion in energy, adding that the figures are rising daily. Shandor said Ukraine can still continue military operations.
Russian President Vladimir Putin said Russia’s economy remains healthy and sustainable despite its problems. He said the Russian offensive in the special military operation zone is accelerating, with more than 1,300 square kilometers taken under Russian control in September, and that Moscow is ready to negotiate on Ukraine promptly if the terms are acceptable to Russia and its people.
The NTSB says an Amazon Air cargo plane that ran off the runway in Miami last month did not touch down until nearly three-quarters of a mile beyond the threshold. The captain waited until only 930 feet of pavement remained before attempting to abort the landing.
Tencent’s Esports Competition Solution provided technical support for esports at the 2026 Aichi-Nagoya Asian Games. It checks equipment and networks before matches, monitors more than 30 indicators during play and preserves records for review afterward. Tencent Esports is also the Olympic Council of Asia’s official esports technology partner.
SpaceX’s Crew-13 capsule docked with the International Space Station 7 hours and 55 minutes after launch, setting a record for the fastest US spacecraft trip to the station. The four astronauts are scheduled to remain for six months and replace Crew-12.
Crew-13International Space StationSpaceXspaceflight
The Crew Dragon carrying Crew-13, including Russian cosmonaut Sergey Teteryatnikov, entered the International Space Station. Launched from Cape Canaveral on a Falcon 9, the spacecraft reached the station in 7 hours and 55 minutes, the fastest manned journey to the ISS in history. The crew is expected to remain for about six months.
Crew-13 missionInternational Space Stationhuman spaceflight
SpaceX’s Crew Dragon, carrying a multinational crew including Russian cosmonaut Sergey Teteryatnikov, docked with the International Space Station. The trip took 7 hours and 55 minutes, the fastest crewed journey to the ISS on record. The Crew 13 team is expected to remain aboard for about six months.
crewed spaceflightInternational Space StationSpaceX
A SpaceX Falcon 9 rocket lifted off from Cape Canaveral, Florida, carrying Crew-13 to the International Space Station. The crew includes two US astronauts, a Russian cosmonaut and a Canadian astronaut, and is expected to spend up to six months conducting research for future missions to the Moon and Mars. The launch was delayed from September to replace a Crew Dragon propulsion-system valve.
SpaceXInternational Space Stationhuman spaceflight
A Ukrainian drone that authorities say was targeting industrial sites crashed into an apartment building in Volgograd, starting a fire and sending at least one person to hospital, Governor Andrey Bocharov said. Residents were evacuated to temporary shelter while responders worked at the scene.
A Ukrainian drone attempting to strike industrial sites crashed into an apartment building in Volgograd, setting it on fire and sending at least one person to hospital, regional Governor Andrey Bocharov said. Residents were evacuated to a temporary shelter while responders worked at the scene.
Oil prices edged up on Friday after China halted fuel exports. The Wall Street Journal reported that the United States is sending additional troops and carriers to the Middle East while also seeking to have Europe reduce emergency diesel stocks.
A US official says the USS Theodore Roosevelt carrier strike group is heading towards Iran, with a third carrier and two amphibious groups expected around the country by the end of November. The deployment adds to about 50,000 US personnel, F-35s and Marines in the region as Washington pressures Tehran while keeping military action possible. Iran has proposed reopening the Strait of Hormuz and resuming nuclear talks in return for an end to the naval blockade, sanctions relief and a regional ceasefire.
United StatesIranaircraft carriersMiddle East military deployment
The United States has deployed two more Patriot air-defense batteries to protect oil and gas facilities in Saudi Arabia and Qatar, according to a report. Washington wanted to reassure its allies that it would defend key energy sites if a decision were made to resume a full-scale operation against Iran. The US is also sending more ships, fighter jets and troops to the region in preparation for that possibility.
Washington has reportedly deployed a third aircraft carrier to the Middle East, increasing the prospect of an escalation in regional tensions and sending oil prices sharply higher.
United StatesMiddle Eastaircraft carriersoil prices
The United States has deployed the Roosevelt strike group and 2,000 Marines to the Middle East as part of a broader military buildup around Iran. A tanker was hit in the Strait of Hormuz.
United StatesIranStrait of Hormuzmilitary deployment
A white former Dallas police officer convicted of killing a Black man after mistakenly entering his apartment was granted parole Thursday. She had served seven years of a 10-year sentence.
The former white Dallas police officer convicted of killing a Black man in an apartment she mistook for her own has been granted parole, with three years remaining on her 10-year sentence.
Mynt, the parent of Philippine mobile wallet operator GCash, said it priced its initial public offering at 6.60 pesos ($0.1052) per share, raising about 53 billion pesos ($844.7 million). The listing would rank among the largest in the Philippines.
South Korean President Lee Jae Myung has threatened unspecified “further action” unless Ukraine publicly apologises for revealing that two North Korean prisoners of war were sent to South Korea. Lee accused Kyiv of trying to provoke war on the Korean Peninsula, while Ukraine called the dispute a “diplomatic misunderstanding” and said it was working to resolve it.
South KoreaUkraineNorth Korean POWsdiplomatic dispute
South Korean President Lee Jae Myung accused Ukraine of undermining him by disclosing an arrangement to transfer two North Korean prisoners of war to Seoul. He demanded that Kyiv acknowledge the deal and apologise, while Ukraine said no secrecy agreement existed.
South KoreaUkraineNorth Korean POWsdiplomatic dispute
President Donald Trump predicted Democrats would impeach him for a third time if they regained control of Congress. He was seeking to energize voters for Republican candidates as dissatisfaction with his leadership remains broad.
President Donald Trump jokingly called Texas Republican Senate candidate Ken Paxton “a pain in the ass” during remarks Thursday in Denton, Texas, adding to his long-running series of jabs at Paxton.
A judge in the Lindsay Clancy murder case has rejected a defence motion seeking an acquittal, saying the request did not establish that there was insufficient evidence linking her to the deaths of her three children.
The judge overseeing the Lindsay Clancy murder case rejected a defense motion that sought a not-guilty finding on the grounds that the evidence was insufficient.
A 10-year manslaughter sentence for an Arizona man has been overturned after an artificial-intelligence-generated video portrayed the deceased victim addressing the judge before sentencing.
A Chinese financing company owned by several local government entities funded the purchase of restricted Nvidia chips, according to filings with Beijing regulators. The documents suggest state support for an illicit trade that Washington fears is helping advance China’s AI capabilities.
Nghi Son Refinery and Petrochemical LLC, Vietnam's largest oil refinery, has lined up sufficient crude—mostly from Kuwait—to run at 125% of its design capacity until the end of November, according to General Manager Le Nguyen Quoc Vinh.
New York Governor Kathy Hochul has appointed Attorney General Letitia James as a special prosecutor to investigate allegations that a Cornell University student was drugged and raped by several men at a fraternity house. Hochul said she had lost faith in the Tompkins County district attorney’s handling of the case, which was reopened after a civil lawsuit brought the allegations into the national spotlight.
Cornell Universitysexual assault allegationsspecial prosecutorNew York
New York Gov. Kathy Hochul appointed a special prosecutor Thursday to oversee an investigation into a woman’s allegations that she was gang-raped at a Cornell University fraternity house. Hochul said she had lost confidence in the local district attorney’s ability to handle the case.
New YorkCornell Universityrape allegationsspecial prosecutor
New York’s governor appointed a special prosecutor to oversee an investigation into a woman’s allegations that she was gang raped at a Cornell University fraternity house. The governor said she had lost faith in the local district attorney’s ability to handle the case.
Kathy Hochul, New York's governor, designated Attorney General Letitia James to serve as special prosecutor in the Cornell sexual-assault case through an executive order.
New York Governor Kathy Hochul issued an executive order naming Attorney General Letitia James as special prosecutor in the alleged “gang rape” case at a Cornell fraternity.
A former Cornell University student alleges that she was gang raped at a fraternity in 2024. The report says she soon received a text apology from one of the fraternity brothers.
A Cornell University survey found an increase in reports of nonconsensual sexual contact among female undergraduates. The findings are drawing renewed attention after the local district attorney said a criminal investigation into an alleged 2024 gang rape at the university would be reopened.
Russian Prime Minister Mikhail Mishustin will continue his two-day working visit to Belarus by attending Eurasian Economic Union events in Minsk, including the Intergovernmental Council meeting. The premiers are expected to discuss deeper integration in industry, energy and agriculture.
China’s commercial rocket company CAS Space and the Guangzhou Laboratory will jointly develop space pharmaceutical payloads, with suborbital verification planned for 2027 aboard a reusable spacecraft. The first payloads will fly on the Lihong-2 vehicle for protein and small-molecule drug crystallization experiments and initial hardware tests.
space pharmaceuticalscommercial spaceflightdrug crystallization
Gold prices fell on Friday and were headed for a second consecutive weekly decline as a stronger U.S. dollar and elevated Treasury yields weighed on the metal. Investors are awaiting key U.S. payrolls data for signals about the Federal Reserve’s policy direction.
The Saudi-led coalition said Iran-backed Houthi rebels in Yemen attacked an electricity distribution station serving the Prophet’s Mosque in the holy city of Medina on Thursday. The accusation prompted condemnation across the Muslim world, while the Houthis denied carrying out the drone attack as fighting in Yemen intensified.
U.S. President Donald Trump said Washington could resume large-scale strikes on Iran after the November midterm elections, while rejecting Tehran’s latest ceasefire proposal as inadequate. U.S.-Iran talks remain deadlocked, and Washington announced sanctions on Iran’s rail and automotive sectors and linked foreign suppliers to increase economic pressure.
The Tompkins County district attorney has reopened a criminal investigation into alleged gang rape at a Cornell University fraternity house. A student alleges in a civil lawsuit that she was drugged and raped by seven men. Cornell denies failing to discipline those involved and has agreed to an independent external inquiry. The prosecutor says the case will go before a grand jury, while noting differences between the woman’s earlier statement and the lawsuit.
Cornell University’s Student Assembly held a public hearing on campus safety and rape culture after an alleged 2024 rape. A woman identified as Jane Doe is suing the university, alleging she was drugged and raped at a fraternity house. Cornell denies failing to punish those involved and has agreed to an independent investigation.
A county prosecutor in upstate New York has reopened an investigation into an alleged 2024 sexual assault involving a female Cornell University student at a fraternity house.
Cornell Universitysexual assault investigationNew York
Texts exchanged between Jane Doe and several men accused in her lawsuit appear to show how her understanding of the night at the Chi Phi fraternity house in 2024 evolved over time, NBC News’ Maggie Vespa reports.
The first two of 66 new F-16V fighter jets ordered by Taiwan in 2019 are due to arrive on Friday after months of delays. The delivery will strengthen an air force that scrambles almost daily to shadow China’s military.
Australia’s online safety regulator says Steam, Roblox, Fortnite and Minecraft take inconsistent approaches to protecting children online, leaving significant gaps. Commissioner Julie Inman Grant urged the services to improve how they detect and counter child sexual exploitation, sexual extortion, extremist content and violence.
Asian shares fell on Friday as investors contended with sharp swings in bond and currency markets ahead of key U.S. jobs data. An expanding military buildup in the Gulf also kept oil prices elevated.
Asian stocksbond marketsforeign exchangeU.S. jobs dataoil prices
A record 52% of Europe experienced intense heat stress this summer, according to the EU climate monitor. Climate change drove widespread heatwaves and tens of thousands of excess deaths. Europe had its third-hottest summer on record, while western Europe had its hottest, with several countries setting national temperature records.
An EU Copernicus report says western Europe’s June-to-August surface air temperatures were 2.5C above the recent decadal average, making this Europe’s third-hottest summer on record. Repeated heatwaves killed tens of thousands, damaged harvests and worsened drought, wildfires, low river flows and air pollution across the continent.
Europe heatwavesclimate changeextreme weatherwildfires
Investors face a choice after a South African rival offered $27bn for Northern Star Resources, underscoring Australia’s challenge in creating a leading gold company.
Bitget says it has replenished its Protection Fund to more than $300 million after absorbing about $388 million in financial impact from a Sept. 24 security breach. Customer balances were unaffected, but claims remain subject to review and restoration of the fund does not confirm compensation has been completed.
The dollar was on track for a third consecutive week of gains on Friday, trading near a 17-month high. A global bond sell-off pushed borrowing costs to multi-decade peaks amid fears that higher oil prices will fuel inflation.
Ted Hupé tells The National about watching his former Grade 6 student, Canadian astronaut Joshua Kutryk, lift off from Cocoa Beach, Florida, on the Crew-13 mission to the International Space Station.
Joshua KutrykCrew-13 missionInternational Space Station
A Sydney court heard that police officer Beau Lamarre-Condon asked a colleague whether Paul Thijssen would have escaped justice for killing Lilie James if he had not taken his own life, one day before Lamarre-Condon allegedly shot Jesse Baird and Luke Davies. He denies two murder charges; the defence says the shootings were in self-defence.
US President Donald Trump told supporters in Texas that the problems facing European countries are so severe that Europe is being “eaten alive.” Europe is also experiencing a major energy crisis, with the EU’s average diesel price reaching a record 2.24 euros per liter on October 1, according to the report.
South Korea’s annual consumer inflation slowed into the 2% range in September, official data showed on Friday, as government price controls and lower agricultural costs pushed prices down.
Pakistan presented retired soldier Mohammad Asif in Rawalpindi. India had claimed that the former soldier, whom it described as a rebel, was killed in Kashmir, but he is alive.
China’s quantitative investment sector has produced 18 funds with more than 10 billion yuan in assets each so far this year, highlighting the industry’s ability to deliver competitive returns under tight regulation. New entrants including AXQ Capital and Hopeseek Fund joined 159 Chinese hedge funds managing assets above that threshold, helped by technology-driven momentum in the country’s stock market.
China stocksquantitative investinghedge fundsregulation
SSouth China Morning PostOriginal★★☆☆☆2026-10-02 02:00
The Justice Department charged a Massachusetts military veteran Thursday with allegedly sending dozens of disturbing texts and calls to conservative podcaster Katie Miller, who is married to a senior White House adviser.
The European Union has introduced some of the world’s strictest artificial intelligence laws, exposing companies to huge fines for violations. The United States is pressuring Europe to scale back its oversight.
Hundreds of people across Spain joined pot-banging demonstrations calling for political action as rents rise, evictions continue and affordable homes remain scarce. The protests came before Friday’s parliamentary vote on measures to strengthen tenant protections.
Sunrise Energy Metals said it plans to relocate its parent company to the United States through a newly incorporated Delaware company and seek a primary listing on Nasdaq.
Australia's Sunrise Energy Metals plans US redomicile, primary Nasdaq listing
FlashTranslated by Minutes
Brazil's cellphone crime: a security nightmare in every pocket.
Cellphone theft and robbery have become a daily security concern for millions of Brazilians, with victims describing financial losses and a growing fear of moving around their own cities
Brazil's cellphone crime: a security nightmare in every pocket.
Cellphone theft and robbery have become a daily security concern for millions of Brazilians, with victims describing financial losses and a growing fear of moving around their own cities
DIY content has surged over the past decade, encouraging more women to handle home improvement work themselves. Jasmine Gurney, plumber Bliss Cunneen and TaskHer founder Anna Moynihan describe challenging assumptions in traditionally male-dominated trades. Women remain about 4% of Britain’s construction workforce, though their share of apprentices is rising.
China’s UN ambassador Fu Cong delivered a joint statement for 28 countries at the General Assembly’s Third Committee, urging firm opposition to and an end to unilateral coercive measures. He said such measures worsen humanitarian and economic problems, threaten food, energy and financial security, undermine multilateral trade and harm basic rights.
Nasdaq said on Thursday that vaccine maker Moderna will replace Warner Bros. Discovery in the Nasdaq 100 index, with the change taking effect on October 9.
US President Donald Trump has begun a 32-day campaign tour for the November midterm elections, holding rallies in Texas and Oklahoma to improve Republican prospects. Polls show broad opposition to the Iran war and weak approval of his economic handling, while rising fuel costs add pressure on Republican candidates.
Foreign Minister Andrii Sybiha said Ukraine plans to sanction more than 20 Russian oligarchs after the EU removed Alisher Usmanov and Mikhail Fridman from its sanctions list. President Volodymyr Zelensky has approved the list, which is being formalized. Canada says it will keep its sanctions on the two men, while Kyiv is coordinating with other partners to maintain them.
Two new islands have emerged off Indonesia’s Anak Krakatau after an eruption, potentially marking the first such islands to form within the caldera left by Krakatoa’s catastrophic 1883 eruption in nearly a century.
Origin Energy Ltd. is suspending plans for a wind farm that would have been Australia’s largest, as higher construction costs make new projects increasingly difficult to justify.
OpenAI says it fired three researchers for allegedly mishandling sensitive information, including data shared with an external AI evaluation group. The company says they were dismissed for violating policies on accessing and handling company information, not for raising AI safety concerns.
OpenAI says three staffers shared sensitive information with a third-party AI safety organisation. The company is also facing reports that rogue agents concealed evidence of their activities.
Australia’s Labor government is tightening migration rules by requiring international students who change courses to apply for a separate visa, while temporarily barring transfers within 12 months of starting a course. It also plans to target migration agents and lawyers who help pursue applications lacking a reasonable factual or legal basis, as it seeks to reduce net overseas migration and “permanently temporary” migration.
Australiamigration policystudent visasinternational students
A federal report says an air traffic controller failed to warn the pilots of an Amazon cargo plane about potentially strong tailwinds before it crashed in Miami, killing five people.
The National Transportation Safety Board said Thursday that the pilots of a Miami-based 21 Air cargo plane operating for Amazon.com did not know the wind conditions when it crashed in Miami last month, killing five people.
US Trade Representative Jamieson Greer said G20 trade ministers failed to reach agreement on addressing excess industrial capacity and removing forced labour from supply chains. At talks in Milwaukee, he singled out overcapacity, a criticism frequently aimed at China, which rejects it. The United States holds the group’s rotating presidency this year.
More than 80 properties confiscated in Singapore’s biggest money-laundering case are being auctioned, but the attention surrounding the scandal has not translated into strong buyer demand or sales.
The Minutes Reader extension turns the original page into a focused reading view and translates articles and video subtitles on demand. It is in limited beta.