Bloomberg Wire

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Oil falls on signs Russia’s port resumes operations

Two tankers moored Sunday at Novorossiysk indicate operational activity at the terminals

Tankers mooring at Novorossiysk, a Black Sea Port, suggest operational activity.

Trump defends H-1B visas

Trump has said that he would work on a “whole new plan” for highly skilled workers

Trump Trump’s comments arguing that some level of skilled workers are needed come after the administration earlier this year slapped a $100,000 application fee on the H-1B visa

Xpeng shares surge 14% on EV progress, humanoid robots

Shares reach highest level in 8 months, amid growing optimism over EV maker's progress

Future-ready: A screengrab shows XPeng’s "Iron" humanoid robot doing factory work. Its potential for broader tasks set a new benchmark an added layer in China’s tech-forward electric vehicle landscape.

Baby formula recalled after infant botulism outbreak

Infant botulism can lead to breathing difficulties and muscle paralysis

ByHeart agreed to recall two lots of the formula that are suspected to be contaminated.

Saudis cut main oil price to Asia

Aramco to cut price of its flagship Arab Light crude grade by $1.20 a barrel

Oil tanks in Keihin Industrial Area as Saudi Arabia hikes oil prices to Asia.

Oil extends drop after jump in US inventories

WTI holds above $60, Brent settles at $64+ as US crude inventories rise 6.5m barrels

Oil Falls After Report Suggests Rising US Inventories | Traders are also monitoring attacks on Russian energy infrastructure

Universal settles Udio case, launches AI music platform

Settlement clears path for AI music platform trained only on authorised recordings

Indonesian miner Antam's income soars on gold demand

PT Aneka Tambang more than doubles net income in the first nine months

A worker operates at PT Aneka Tambang Tbk (ANTAM)’s Pongkor underground gold mine, which has an estimated reserve of about 5 tons, in Bogor, West Java, on October 16, 2025.

Asian stocks higher as Trump-Xi plan eases nerves

Tech stocks among the best performers in the region, with Hang Seng

China stock gauge set for decade-high driven by savings glut.

Philippines surprises with rate cut, cites plunder

BSP warns economic outlook has deteriorated as protests over graft hit confidence

Bangko Sentral ng Pilipinas.

Maynilad eyes $437 million in biggest IPO since 2021

Maynilad’s share sale could be the Philippines’ largest listing in four years

Maynilad aims to raise $437 million in what could be the Philippines’ largest IPO since 2021

Oil rises as OPEC+ agrees modest production hike

Brent rises above $65 a barrel, while West Texas Intermediate near $62

OIL AND GAS PLATFORM: The Malampaya gas project, which generates over 2 gigawatts for Luzon, a huge part of the Philippines’ power requirements.

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