President Donald Trump last month announced a surprise deal with Moscow to import diesel from Russia to help lower prices at the pumps ahead of this month's US midterm elections.
Read full articleDemocrats’ gains in the US midterm elections could revive efforts to change how the country elects its president by shifting to a national popular vote and reducing the role of the Electoral College. Six states — Arizona, Michigan, Minnesota, Nevada, Pennsylvania and Wisconsin — elected Democratic governments, giving supporters fresh hope of expanding the National Popular Vote Interstate Compact.
US Secretary of State Marco Rubio on Tuesday (local time) said economic pressure on Iran would continue to intensify over the coming months, warning that the country's oil revenues would dry up as sanctions compound.
Nvidia CEO Jensen Huang's admission of an extramarital affair has triggered a board investigation following allegations that the woman involved was a Chinese intelligence operative. While China has dismissed the claims, the controversy has raised national security concerns, prompted an FBI inquiry and renewed questions over US chip export controls to China.
The US FDA will add a warning about a rare eye condition that can cause permanent vision loss to the labels of all GLP-1 drugs, including Ozempic, Wegovy, Mounjaro and Zepbound. The condition was found in around 6 per 100,000 patients taking the drugs for at least a year.
Addressing the core friction between Washington and Beijing, Secretary Rubio emphasised that major power competition is an inevitable reality driven by competing national systems, on the sidelines of the G7 Foreign Ministers Meeting held in Paris, France.
Commerce Minister Piyush Goyal said India is on track to achieve its $1 trillion goods and services export target in FY27, having already recorded nearly $480 billion in exports during April-September. He highlighted opportunities from free trade agreements, particularly the proposed India-EU pact, for the automobile and mobility sectors. Goyal urged manufacturers to expand globally, boost competitiveness and leverage international partnerships to drive exports, investment and employment.