
Tom Cruise’s Digger Could Lose $245 Million After 60% Second-Weekend Drop
The film’s global box office reached $35.3 million after a steep second-weekend decline, with projected theatrical losses rising to $245 million.

The film’s global box office reached $35.3 million after a steep second-weekend decline, with projected theatrical losses rising to $245 million.

The EU and China reached an agreement to curb Chinese hybrid vehicle exports to Europe, potentially cutting shipments by more than half, alongside concessions on rare earths and tariffs.

A narrow waterway between Iran and Oman has become one of the most consequential flashpoints in the global economy. The Strait of Hormuz is a critical route for the world's oil and liquefied natural gas supplies, meaning prolonged disruption can affect fuel prices, inflation, international trade and household finances thousands of miles away. As the conflict involving Iran, the United States and Israel continues to disrupt shipping, the world faces a difficult question: how vulnerable is the global economy when one of its most important energy routes becomes a battlefield?

India exported about 620,000 barrels of diesel daily in September, with Europe taking nearly half as record refining margins boosted shipments.

India’s central bank will supply dollars directly to state oil firms and tighten currency hedging rules as the rupee faces mounting pressure

China says it reached a trade understanding with the EU, but neither side has confirmed an agreement to halve hybrid exports.

The S&P 500 and Nasdaq reached record closing highs as easing oil prices and Treasury yields shifted attention toward earnings.

Accenture forecasts 3%–6% fiscal 2027 revenue growth as companies increase spending on AI adoption and technology transformation.

The EIA raised its 2026 and 2027 oil-price forecasts as global inventories fall and diesel markets remain tight.

Canada lost 68,300 jobs in September, pushing unemployment to 6.5% as public-sector, education and healthcare employment declined for a second month.

The Middle East conflict is prompting ASEAN economies to strengthen energy resilience as supply disruptions and higher costs reshape regional planning.

Indonesia is accelerating digital economic transformation through infrastructure, innovation and digital payments to improve productivity and national competitiveness.

HSBC plans job cuts in its UK wealth business as the bank increases its use of artificial intelligence and seeks greater efficiency.

Google is fighting a £1 billion UK lawsuit alleging that its app store fees harmed developers and consumers.

BT Group has acquired TalkTalk from administration for £400 million, bringing the broadband business into a new phase.

The UK economy grew 0.5% in the second quarter of 2026, according to the Office for National Statistics.

UK banks are facing renewed tax pressure as the government seeks additional revenue while balancing investment and economic growth.

Singapore is testing AI agents to better understand how autonomous systems can be deployed safely, with attention to oversight, reliability and accountability.

Singapore’s digital economy reached S$144 billion in 2025, equivalent to 20% of GDP, highlighting technology’s growing role in national economic activity.

Iran is considering measures to ease the cost-of-living burden as households face rising prices and continued economic disruption.

Reported ship attacks near the Strait of Hormuz have renewed concerns about maritime security even as oil exports from the region recover.

Reuters reported that Middle Eastern oil exports rose above prewar levels even as tanker attacks continued to raise concerns about maritime security.

European buyers spent €7.28 billion on Yamal LNG by early September, exceeding the previous year’s total as imports climbed 10.1%.

Lower urea offers in India point to easing global supply pressures, though import costs remain volatile and farmer prices are protected.