Business
– Oil prices steadied near $102 a barrel on Monday after Brent briefly climbed above $103 in early trading. At 0900 GMT, Brent crude futures were up 5 cents at $102.30 a barrel. U.S. West Texas Intermediate crude was down
– Renault Group will invest more than €10 billion in France over the next five years, Chief Executive François Provost said on October 3. The spending will focus on electric vehicles and more affordable cars. Renault produced about 500,000 vehicles
South Korea consumer price index September inflation rate recorded an annual growth of 2.9 percent, driven primarily by persistent surges in fresh agricultural products and energy commodities. Data released by Statistics Korea indicates that consumer prices maintained an upward trajectory,
– India’s Commerce and Industry Minister Piyush Goyal is in the United States for the G20 Trade Ministers’ Meeting and bilateral trade talks. The ministerial runs in Milwaukee on September 30 and October 1. India’s Commerce Ministry said Goyal will
– UAE President Sheikh Mohamed bin Zayed Al Nahyan and Zambian President Hakainde Hichilema met in Abu Dhabi on September 29 to discuss stronger bilateral economic ties. Hichilema visited the UAE after beginning his second presidential term earlier this month.
– Abu Dhabi recorded the largest progress globally in the 2026 Global Real Estate Transparency Index published by real estate services firm JLL. According to survey details released by government regulatory authorities, the UAE capital advanced eight spots to 33rd
Automotive
Japan’s new car sales rose 1.8% in the first half of 2026, marking a second straight first-half gain for the domestic auto market. Automakers sold 2,387,189 new vehicles from January through June, including minivehicles. The increase followed a stronger second
Porsche has presented a one-off 911 GT3 RS created through its Sonderwunsch programme, combining the track-focused sports car with a bespoke design treatment inspired by haute couture. The vehicle is finished in Macadamiametallic from the Paint to Sample range and
SEOUL: Mercedes-Benz on Monday unveiled the all-new electric C-Class at a world premiere in Seoul, introducing the first battery-electric version of one of its best-known sedan nameplates and placing one of the brand’s core products into the premium EV market. The launch
MENA Newswire, ATLANTA: Mercedes-Benz USA has unveiled the 2027 S-Class Sedan as a major update to its flagship luxury sedan, adding new lighting signatures, a revised cabin technology stack and expanded personalization choices. The automaker said the model introduces an illuminated front
MENA Newswire, DETROIT: Ford Motor Co. is recalling about 119,000 vehicles in the United States after federal safety regulators said a defect in certain engine block heaters can raise the risk of an under-hood fire when the heater is plugged in. The recall
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers and several member states, marking a significant policy adjustment in the bloc’s long-term climate agenda.