Brazilian court declares telecom operator Oi bankrupt
Reports dated 10 November 2025 documented brazilian court declares telecom operator Oi bankrupt, marking a significant business development.
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China suspends ban on exports of key chipmaking metals to the US
China said it was suspending a ban on exports of gallium, germanium, antimony and related materials used in chip and electronics manufacturing.
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BBC chief Tim Davie and news boss Deborah Turness resign in bias row
9, 2025. The BBC's director general and head of news quit after a former adviser accused the broadcaster of serious and systemic bias, with pressure mounting over an edited Trump speech and wider complaints about coverage.
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Bulgaria rushes to secure Lukoil refinery as US sanctions near
Parliament in Sofia has expanded the powers of a state-appointed manager at Bulgaria’s only oil refinery in an effort to prevent a shutdown before sanctions on Lukoil take effect.
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Leaked memo accuses BBC Panorama of misleading edit of Trump speech
Former external adviser Michael Prescott alleged that a documentary joined remarks from different parts of Donald Trump's January 6, 2021 address.
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Singapore Sets Up SAFCo to Centralize Sustainable Aviation Fuel Purchases
The Civil Aviation Authority of Singapore has created a new entity to procure sustainable aviation fuel and support the city-state’s emissions target for flights.
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Amazon announces 14,000 corporate job cuts amid AI investment push
The company said it would remove management layers and redirect resources while continuing to hire in selected areas.
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Pizza Hut UK Enters Administration and Cuts 68 Sites
Pizza Hut’s UK restaurant business plans to close 68 venues and 11 delivery sites after falling into administration, putting 1,210 workers at risk.
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Cambodia inaugurates $2 billion Techo International Airport
The three-runway airport south of Phnom Penh became the capital's main aviation hub, with officials looking to tourism and investment for future growth.
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Nestlé cuts 16,000 jobs in intensified cost drive
Nestlé announced 16,000 job cuts as the Swiss food giant pushed ahead with a broader turnaround and cost-cutting effort.
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EU fines Gucci, Chloé and Loewe more than €157 million over retail pricing
The European Commission said the luxury brands restricted independent sellers' ability to set prices and discounts online and in stores.
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China bars domestic firms from dealing with five Hanwha Ocean U.S. units
China’s Commerce Ministry targeted subsidiaries of South Korea’s Hanwha Ocean, linking the move to a U.S. trade probe into Chinese shipbuilding.
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Mokyr, Aghion and Howitt awarded 2025 economics prize for work on innovation-led growth
The Royal Swedish Academy of Sciences honored research explaining how technological progress and creative destruction can sustain economic expansion.
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U.S. buys Argentine pesos and finalizes $20 billion currency swap
The U.S. Treasury directly purchased pesos and completed a $20 billion swap line with Argentina’s central bank.
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US sanctions Serbia’s main oil supplier, raising winter fuel fears
The Treasury Department action against NIS could complicate fuel supplies in a country that relies heavily on Russian oil and gas.
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Gold futures break $4,000 as shutdown fears and rate-cut bets drive a flight to safety
Gold futures moved above $4,000 per troy ounce for the first time as investors sought refuge from U.S. shutdown uncertainty and a wider mix of economic and geopolitical anxieties.
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Lufthansa to cut 4,000 administrative jobs as AI and digitalization reshape operations
29, 2025. Germany's biggest airline group says it will reduce administrative staff by 2030, arguing that artificial intelligence, digitalization and tighter central control can lift efficiency and profitability.
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Iraq resumes Kurdish oil exports through Turkey after more than two years
Iraq is restarting oil exports from the Kurdish region through Turkey’s Ceyhan port after a suspension triggered by an arbitration ruling.
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Bosch plans 5,000 job cuts as Germany's car supplier sector struggles
26, 2025. Bosch said it will cut 5,000 jobs, most in Germany, as vehicle production stagnates, electric cars need fewer parts and automakers intensify pressure on suppliers.
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Russia and Ethiopia advance nuclear power cooperation
On the event date, Russia and Ethiopia signed an action plan to move forward on a nuclear power project involving Rosatom and Ethiopian Electric Power.
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China sanctions six U.S. companies as trade frictions deepen
Beijing expanded sanctions and export controls on six U.S. companies amid rising trade tension and continuing strategic rivalry with Washington.
Read report »Amazon to close its UK Fresh stores as grocery strategy shifts online
The company says it will shut 19 stores and convert five of them into Whole Foods sites while pushing more grocery business through delivery.
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Norway wealth fund excludes Eramet over Indonesia nickel mine concerns
On the event date, Norway’s sovereign wealth fund said it was excluding Eramet because of risks linked to human rights violations and environmental damage at a nickel mine in Indonesia.
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Murdoch family settles control dispute, cementing Lachlan's grip on Fox and News Corp
8, 2025. Rupert Murdoch's children reached a settlement that leaves Lachlan Murdoch in control of the family's media empire and ends a long legal battle over succession.
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