Fuel subsidies may top US$1 trillion as Iran war drags on: UN study

Fuel subsidies may top US trillion as Iran war drags on: UN study

The analysis finds that the number of countries deploying different relief measures nearly doubled between April and September Published Fri, Oct 2, 2026 · 04:57 PM [NEW YORK] Governments around the world are running out of room to shield consumers from higher energy prices resulting from the Iran war and other crises, with fuel subsidies…

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Volvo Cars pulls sales guidance on Chinese outlook and slow US rebound

Volvo Cars pulls sales guidance on Chinese outlook and slow US rebound

The carmaker has been affected by tariffs, weaker electric vehicle demand and high development costs Published Fri, Oct 2, 2026 · 04:36 PM [STOCKHOLM] Swedish-based Volvo Cars will not achieve its previous full-year sales volume and cash flow guidance owing to an increasingly challenging market and deteriorating near-term outlook, it said on Friday (Oct 2).…

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Loyal dog fetches police to help owner who fell at Kansas home

Loyal dog fetches police to help owner who fell at Kansas home

A Kansas dog is being hailed by police as a “loyal companion” after it sought help for its owner who had fallen and was unable to get up. The Leawood Police Department released bodycam footage showing an officer first encountering the dog in the middle of the road while patrolling a residential neighborhood. “The officer…

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Fed policymakers lean against October rate hike

Fed policymakers lean against October rate hike

This comes as Trump says Fed chair Warsh should have voted against the central bank’s rate hike [NEW YORK] Two of the US Federal Reserve’s top policymakers this week staked out an unusually clear case for taking in more data before deciding about another interest rate hike, driving investors to largely abandon bets on an…

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