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Houthis Seize Red Sea Strait as Italy Deploys Navy on September 19
Houthis control Bab al-Mandeb Strait after September offensive. Italy deploys navy independently. 12% of global trade at risk as shipping costs soar and regional conflict escalates.
Steel Tycoon Sanjeev Gupta’s Empire Collapses: 500 Jobs Lost at Whyalla
Sanjeev Gupta’s steel empire collapses with 500 job losses at Whyalla. Investigative journalist Paul Barry’s book reveals how the tycoon fooled governments and creditors across the world.
German Diesel Hits Record €2.45 Per Litre as EU Weighs Windfall Tax
German diesel prices hit record €2.45/litre on September 18. SPD demands price cap from oil firms within 14 days or faces government intervention. EU finance ministers discuss windfall tax on energy companies.
Gold Surges ₹158 Per Gram on September 18 as Dollar Weakens
Gold prices in India rose ₹158 per gram on September 18, 2026, driven by a softer US dollar and falling crude oil prices. 24K gold reached ₹1,54,420 per 10 grams in most cities.
Diddy’s Lawyers Quit $100M Case Over Six Months of Unpaid Fees
Sean Combs’ civil attorneys withdraw from $100M defamation case, alleging six months of unpaid fees and lack of cooperation. Combs disputes the charges.
North-South Corridor Delayed to 2029 as Singapore Faces Ground Challenges
North-South Corridor viaduct delayed to 2029, tunnel to 2031. LTA cites challenging ground conditions and fractured rock at Novena and Woodlands requiring more complex mining methods.
27% of Singtel SDS Holders Sold Shares Ahead of Nov 21 Transfer
27% of Singtel SDS holders sold shares by August 31 as CPF Board transfer nears November 21. 180 million shares sold total, with most sellers lacking individual CDP accounts.
EU Offers Canada First-Ever ‘Associate Member’ Status Amid US Trade Tensions
EU offers Canada unprecedented ‘associate member’ status as trade war with US intensifies. Von der Leyen and PM Carney announce closer ties on energy, AI, defence and critical minerals.
Pentagon watchdog reveals $3.7B in US military losses from Iranian strikes
Pentagon watchdog report reveals $3.7 billion in equipment losses and damage to US bases in Gulf region from Iranian strikes, including nearly 60 aircraft and hundreds of buildings.