News
– India’s extreme poverty rate plunged from 27.1% to 2.6% between 2011 and 2023, lifting an estimated 496 million people out of poverty, the World Bank said in its October 2026 Poverty and Equity Brief. The Bank called it “one
– At least three people were killed after Cyclone Arnab struck India’s eastern coast, making landfall in Andhra Pradesh early on Wednesday, Reuters reported. More than 180,000 people had been evacuated across Andhra Pradesh and Odisha as the very severe
Business
– South Korea’s exports jumped 93.7% from a year earlier to a record $115.3 billion in October, driven largely by a sharp rise in semiconductor shipments. The Ministry of Trade, Industry and Resources released the data on Sunday. Imports rose
– Kenya is banking on new coffee varieties to boost production, improve yields and help farmers cope with climate change as it targets annual output of 150,000 metric tonnes. Henry Kinyua, chairperson of the Coffee Board of Kenya, said researchers
– Global registrations of battery-electric vehicles rose 12% in the first nine months of 2026 to a record 11 million, driven by strong growth in Europe, according to a study by consultancy PwC. Europe accounted for 2.5 million electric cars,
– Oil prices rose on Wednesday, with Brent crude futures climbing $1.48, or 1.3%, to $115.36 a barrel by 01:40 GMT. US West Texas Intermediate crude futures gained $1.22, or 1.22%, to $101.12 a barrel. The increase reversed part of
Automotive
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 grille
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.
SHANGHAI, December 3, 2025: Tesla reported a 9.9 percent year-on-year increase in sales of its China-made electric vehicles (EVs) in November, marking the company’s strongest growth in more than a year, according to data released by the China Passenger Car Association (CPCA). The