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NewsOct 8, 2026 · 13:04 IST

UK Keeps East Jerusalem Mission Open After Israeli Consulate Closure Order

Britain said on 8 October that its East Jerusalem consulate building will remain operational as the UK Mission, Jerusalem, with a smaller diplomatic presence. The announcement follows expiry of Israel’s closure deadline, imposed over UK sanctions targeting West Bank settlements. Israel says consular operations will formally end, while Britain says the mission will continue serving Palestinians. The development changes the earlier expectation of a complete closure.

NewsOct 8, 2026 · 12:54 IST

Houthis Claim New Riyadh Airport Missile Attack

Yemen’s Houthi group said on 8 October that it had attacked King Khalid International Airport in Riyadh with a ballistic missile, Reuters reported. Saudi Arabia had not immediately confirmed the latest claim. The statement followed Saudi reporting of a separate midweek attack at the same airport that killed one person. The earlier casualty report should not be treated as proof of damage or fatalities from the latest claimed strike.

NewsOct 8, 2026 · 12:42 IST

Maduro and Flores Expected to Face Additional US Charges

Nicolás Maduro and Cilia Flores are expected to face additional US charges concerning alleged torture of detained Americans, Reuters reported, citing an official briefed on the investigation. Charges could arrive on 8 October, but the report did not confirm a filing. Both have pleaded not guilty to existing drug-related charges. Details of the anticipated counts and the identities of alleged victims were unavailable in the report.

NewsOct 8, 2026 · 12:35 IST

Dollar Holds Near 18-Month High After Fed Minutes

The U.S. dollar held near an 18-month high after Federal Reserve minutes showed most policymakers saw further rate hikes as appropriate due to persistent inflation risks. Higher Treasury yields also supported the greenback, although markets still expect the Fed to pause in October.

NewsOct 8, 2026 · 12:30 IST

Samsung Guides Q3 Operating Profit to ₩107.4 Trillion

Samsung Electronics expects third-quarter operating profit to reach a record 107.4 trillion won, up 782.5% year-on-year. Strong demand for AI-related memory chips drove the surge, while revenue is expected to rise 126.6% to 195 trillion won.

NewsOct 7, 2026 · 17:45 IST

Officials Report Turkish Defensive Support for Saudi Arabia

Turkey is providing mainly defensive and technical support to Saudi Arabia as it responds to Houthi attacks. Assistance includes military equipment, air-defence capabilities, intelligence, logistics and drone operators, while no Turkish combat troops have been deployed under the alliance so far.

NewsOct 7, 2026 · 17:40 IST

BOJ’s Sato Backs Staged Rate Increases

Bank of Japan policymaker Ayano Sato said she supports raising interest rates in stages, with the timing guided by economic data rather than a fixed schedule. She also warned that rising oil prices could increase inflation risks.

NewsOct 7, 2026 · 17:25 IST

LG Electronics Preliminary Q3 Profit Rises 13.5%

LG Electronics’ preliminary third-quarter operating profit rose 13.5% year-on-year to 781.8 billion won, while revenue increased 8.9%. Strong home appliance and vehicle-component businesses supported growth, although profit fell short of market expectations.

NewsOct 7, 2026 · 17:15 IST

Porsche Targets 15% Long-Term Margin in Turnaround Plan

Porsche is targeting a long-term 15% operating margin as part of a major turnaround plan focused on higher-value vehicles, greater exclusivity and cost reductions. The company aims to lower its break-even point below 200,000 vehicles as it adapts to weaker sales.

NewsOct 7, 2026 · 17:05 IST

Ghana Reports Higher September Inflation

Ghana’s consumer inflation rose to 5.2% year-on-year in September from 5.0% in August. The increase marks a modest acceleration in price growth as policymakers continue to monitor inflation and broader economic conditions.

NewsOct 7, 2026 · 16:54 IST

Headlam Plans Listing Cancellation After Asset Sale

UK flooring distributor Headlam plans to cancel its London listing after entering administration and selling parts of its business and assets to Likewise Group for £14.9 million. The company said proceeds are unlikely to leave any return for shareholders.

NewsOct 07, 2026, 04:47 PM GMT+5:30

Dutch State Plans to Reduce ABN Amro Holding

The Dutch state plans to reduce its stake in ABN Amro from 20.7% to 10.5% through a new trading plan. The sale continues the government’s gradual exit from the bank and could eventually end its special information rights once the stake falls below 10%.