India-Brazil-South Africa make strong pitch for ambitious, comprehensive and profound reform of UN

Foreign Secretary Vikram Misri met a US Congressional delegation led by Brian Mast in New Delhi. Misri conveyed concerns regarding the implications of the Sanctioning Russia and Iran Act on bilateral relations. The Act permits high tariffs on countries purchasing Russian oil, affecting India directly. The next India-Russia summit will be held in Russia, with details to be updated later.

Foreign Secretary Vikram Misri met a US Congressional delegation led by Brian Mast in New Delhi. Misri conveyed concerns regarding the implications of the Sanctioning Russia and Iran Act on bilateral relations. The Act permits high tariffs on countries purchasing Russian oil, affecting India directly. The next India-Russia summit will be held in Russia, with details to be updated later.

Manchester City has been found guilty of numerous financial violations spanning from 2009 to 2018. The Premier League's independent commission determined that City evaded financial regulations to inflate revenues and reduce costs. City expressed disappointment over the verdict and intends to appeal against the decision soon. This ruling may invite lawsuits from rival clubs seeking compensation for the alleged financial misconduct.

Ford's CEO Jim Farley urged careful consideration of how Chinese automakers enter the US market and warned against potential negative impacts. He cited Europe's experience as a cautionary example, indicating that it's already problematic there. Although Ford seeks partnerships with some Chinese companies for capital efficiency, it also plans to compete against them directly.

Popular South Korean artist Taemin has made the difficult choice to delay the North American segment of his World Tour. This postponement arises from complications related to visa processes that are impacting vital production and touring team members. Originally set for October in various U.S. cities, fans will be kept updated on rescheduling and refund protocols as they emerge.

Chinese President Xi Jinping’s three-day state visit to Washington is over, but China watchers in Congress and the US-China policy community are still parsing a wide range of outcomes, with two more leadership summits expected before the end of the year. The talks between Xi and US President Donald Trump produced a series of joint announcements, including an extension of the US-China trade truce, investment commitments, an agreement to continue an AI dialogue and high-level engagement, as well...

AI borrowing and investing continues. Hyperscalers have issued around $250 billion of debt this year, and that total is expected to rise sharply next year, even as the cost of doing so also keeps increasing.

US forces completed their withdrawal from Iraq after 23 years of military presence. This departure is seen as a victory for Iran and its allies. Analysts warn that the absence of US troops may empower Iranian-backed militias and the Islamic State group. Iraqi security forces face challenges as they have relied on US intelligence for operations.

U.S. Bond Watch: A closely watched part of the US Treasury yield curve measuring the gap between yields on 2- and 10-year Treasury notes, seen as an indicator of economic expectations, was at a positive 36.4 basis points.

U.S Stock Market today: Traders now see about a 50-50 chance of quarter-point rate hike at the Fed's upcoming meeting in October, based on pricing of Fed funds futures contracts, down from nearly 70% earlier in the day.

Venu Srinivasan, trustee of Sir Dorabji Tata Trust and Sir Ratan Tata Trust, has sought an immediate inquiry into SDTT’s governance, alleging serious lapses and excessive involvement in Tata Sons’ commercial affairs. He has also challenged Noel Tata’s role in trust decisions and sought restrictions on his voting and trustee powers.

Xbox X/S, PlayStation 5, Switch and PC will have new video games for gamers. "Minecraft Dungeons II" and "Ace Combat 8: Wings of Theve" video games are releasing this week.