Travel
– Meta has launched Muse Wonder and Muse Wonder Full, a new family of advanced artificial intelligence models. The company built the systems for software development, AI agents and complex everyday tasks. They can assist with areas such as leases,
– The European Commission has proposed a new communications network for emergency and security services across Europe. The EU Critical Communication System, known as EUCCS, would connect national networks used by police, firefighters and medical responders. Civil protection authorities would
– China is expanding the use of artificial intelligence across traditional Chinese medicine, linking digital tools with education, research and clinical support. Beijing University of Chinese Medicine has developed Xinhuo TCM, a specialized large language model focused on traditional medical
Apple has introduced the iPhone Duo, its first foldable iPhone, with availability scheduled for October 23. The handset opens to a 7.6-inch inner display and uses a 5.4-inch outer screen when closed. Both displays share the same aspect ratio and
The United States is adding battery factories while trying to cut its dependence on China. Domestic cell production has grown, but major supply gaps remain further upstream. Chinese companies still lead global production of several materials needed for lithium-ion batteries.
Business
– Oil prices climbed sharply on Friday, with Brent crude touching $110 a barrel for the first time since May. Worries that escalating Middle East tensions could further tighten supplies drove the rally. Brent for December delivery settled up $3.94,
– Egypt received a record $33.9 billion in remittances from citizens working abroad during the first eight months of 2026. The Central Bank of Egypt said on Tuesday, October 13, that inflows rose 27.2% from $26.6 billion a year earlier.
– Oman’s electricity production increased 4.3% year on year during the first eight months of 2026. Total output reached 37,481.8 gigawatt-hours, compared with 35,935.3 GWh in the same period of 2025. The increase amounted to about 1,546.5 GWh. Preliminary figures
– Indonesia recorded Rp131.1 trillion, about $7.33 billion, in foreign capital inflows through early October 2026. Finance Minister Suahasil Nazara presented the figure during the government’s latest state budget briefing in Jakarta. Most foreign investment moved into government bonds and
– The African Union has formally launched the Africa Credit Rating Agency, known as AfCRA, in Mauritius. The agency will provide credit assessments for African sovereigns, companies, financial institutions and other issuers. Its launch took place in Port Louis during
Automotive
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 uses
Japanese automaker Nissan has announced a sweeping global restructuring plan that includes cutting an additional 11,000 jobs and shutting down seven manufacturing plants. The decision comes in response to mounting financial pressure caused by declining sales in key markets, intensified competition, and the
Tesla experienced a sharp decline in sales across major European markets in April 2025, as new vehicle registrations in Germany and the United Kingdom fell to their lowest levels in over two years. Despite a general uptick in demand for electric vehicles on the