OPEC+ Pauses Output Target Hikes for November Amid Middle East War
OPEC+ has agreed to keep crude oil production targets unchanged for November as the Middle East war disrupts output.
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Category: Companies & Business
News on major companies, retail and consumer brands.
Counterpoint Forecasts 3% Rise in India 4G Smartphone Shipments in 2026
Counterpoint forecasts India’s 4G smartphone shipments will grow 3% in 2026 as rising component costs widen the 4G-5G price gap.
India Probes Anti-Dumping Duty on PET Film Imports From Bangladesh
India has opened an anti-dumping investigation into PET film imports from Bangladesh, widening its trade defence actions.
Gulf Crude Exports Rebound to Pre-War Levels Despite Hormuz Blockade
Gulf crude exports are back near 16.5 million barrels per day despite the Hormuz blockade, helped by pipeline bypasses.
ArcelorMittal Plans Over R$10 Billion Investment in Brazil Through 2030
ArcelorMittal is preparing a new investment cycle of over R$10 billion in Brazil through 2030, driven by trade defence measures.
Google Play Store UK Trial: Consumer Claim Continues
Google faces a £1.2 billion UK class action at the Competition Appeal Tribunal over alleged excessive Google Play Store fees.
China Launches Anti-Dumping Probe Into EU Chemical Exports
China’s MOFCOM has opened an anti-dumping investigation into EU chemical exports, widening Beijing-Brussels trade tensions.
South Korea’s Exports Cross $800 Billion in Nine Months of 2026
South Korea’s cumulative exports crossed $800 billion in just nine months of 2026, powered by AI hardware demand.
South Korea Monthly Exports Top $120 Billion on Record Chip Boom
South Korea’s September exports topped $120 billion for the first time as semiconductor shipments hit a record.
IEA Members Release 325 Million Barrels of Emergency Oil as West Asia Conflict Disrupts Supply
IEA member nations are releasing 325 million barrels of emergency oil, the largest stockpile release in the agency’s history.