South Korea's Navy participation in the US-led RIMPAC exercise (June 24-July 31) strengthened its capability to lead combined maritime operations, according to Rear Adm. Kim In-ho, who commanded the combined maritime component forces.
Paramount and Warner Bros' $110bn merger is paused until June 2027 due to US legal challenges from 12 states and the WGA, despite European approval, as opponents argue it would harm competition and consumer choice.
The European Union has approved a legal mechanism under its 21st sanctions package, allowing national authorities to confiscate and sell Russian oil seized from blacklisted tankers owned by third countries, ensuring no funds benefit Russian entities.
3M India has temporarily suspended manufacturing operations at its Ahmedabad plant due to severe rainfall and flooding. The company informed stock exchanges, stating that restoration will take days, but assets are insured, and no material business impact is anticipated. Gujarat Chief Minister Bhupendra Patel visited affected areas to review relief efforts.
BitMEX, once a major crypto exchange, announced its closure on September 23, advising customers to withdraw funds. The exit, driven by a loss of market share to competitors like Binance and OKX, is a scheduled wind-down without a financial crisis, contrasting with the 2022 CeFi collapses.
The European Union has imposed sanctions on Olga Korchagina and Pavel Chernyshev, founders of Simbirsk Design Bureau "Piranya," a Russian company manufacturing up to 10,000 FPV drones monthly for the Russian armed forces.
Cambodian Prime Minister Hun Manet vowed to intensify the crackdown on transnational online scam networks, acknowledging their adaptation into smaller, decentralized cells. Authorities have shut down over 670 operations and increased intelligence sharing with partners like the US FBI, as Cambodia faces international pressure over these criminal enterprises.
The UK government declared its readiness to defend itself after Iran's military warned that any bases used by the US for aggression against Iranian territory, including British ones, would be legitimate targets. This follows US strikes against Iran and previous attacks on UK bases.
US President Donald Trump stated in Washington that Iran is not yet ready for agreements with Washington, emphasizing the need for the US to continue combat operations against the Islamic Republic due to its "evil intentions" and the goal of preventing nuclear weapons.
O presidente dos EUA, Donald Trump, declarou que danos a navios ou cargas marítimas serão pagos com recursos iranianos sob controle americano. A ameaça segue avisos anteriores de bombardear infraestrutura iraniana em caso de ataques no Estreito de Ormuz, gerando retaliação do Irã.
China's Geely and Ford Motor announced a new manufacturing joint venture to produce electric vehicles at Ford's Valencia, Spain plant, with operations starting in 2027 and production in 2028. Ford will hold a 66% stake, Geely 34%, aiming to compete in the European EV market amidst global competition and tightening regulations.
Ukrainian President Vladimir Zelensky announced that no vessels have been able to enter Ukrainian ports since July 22, a claim supported by TASS data indicating a complete halt to shipping traffic in the Greater Odessa region.
US President Donald Trump announced that a proposed civil nuclear agreement with Saudi Arabia requires two conditions for approval: Saudi Arabia must normalize relations with Israel via the Abraham Accords, and the deal must prohibit uranium enrichment. This shifts from a previous framework and faces scrutiny from US lawmakers concerned about proliferation risks.
West Virginia deployed about 500 National Guard members after torrential rain caused flash floods, prompting Governor Patrick Morrisey to declare a state of emergency. Emergency crews are conducting search and rescue operations, with concerns about potential fatalities and widespread power outages.
About 10 attackers opened fire and threw pipe bombs at soldiers at a security checkpoint in Thailand's Narathiwat province, injuring six civilians, including a 10-year-old boy. The attackers stole rifles, vests, and phones before fleeing in a pickup truck, which was later found abandoned and burned.
BitMEX, a pioneer in cryptocurrency derivatives trading, will cease operations by Sept. 23, 2026, following a strategic review by its owner, HDR Global Trading Limited. Users are urged to close positions and withdraw funds, with assets remaining safe during the wind-down period.
The United States is reportedly considering a significant expansion of its military operation against Iran, potentially within days, according to US officials cited by Axios. President Trump is weighing options including intensified bombing campaigns, seizing islands in the Strait of Hormuz, and striking energy facilities, as reported by The Wall Street Journal.
Plainclothes police at a Monday protest in New Delhi faced criticism for lacking uniforms and identification while engaging in crowd control. Senior police acknowledge the ambiguity but cite operational necessities like intelligence gathering and managing large crowds, though police brass has reportedly advised discouraging the practice unless situations turn violent or manpower is short.
The United States is increasing its military presence in the Middle East, deploying special operations forces, medical personnel, and fighter squadrons, as President Donald Trump reportedly considers expanding military action against Iran, according to The Wall Street Journal.
China has launched the High Intensity Heavy-ion Accelerator Facility (HIAF) in Huizhou, Guangdong, a record-breaking particle accelerator capable of producing the world's most intense beams of charged atoms. This 2.6 billion yuan facility will aid research in cancer treatment and spacecraft materials.
The United States and Saudi Arabia signed a civil nuclear cooperation agreement, known as a 123 agreement, which could enable Saudi Arabia to develop uranium enrichment capabilities for its civilian nuclear program. The deal, signed by US Energy Secretary Chris Wright and Saudi Energy Minister Prince Abdulaziz bin Salman, faces review by the US Congress amid proliferation concerns.
Russia accused Ukraine of targeting Wildberries warehouses in Krasnodar and Stavropol regions, injuring 15. Ukraine's President Zelenskyy confirmed the strikes, alleging Wildberries supplies components for Russian drone production. This marks the third attack on Wildberries facilities in four days, intensifying Ukraine's campaign against Russian economic infrastructure.
Ukraine's new military chief, Mykhailo Drapatyi, announced plans to expand offensive operations against Russia, including behind enemy lines, following his appointment by President Zelenskyy. This comes as both sides intensify strikes on infrastructure and diplomatic talks are set to resume.
JSW Infrastructure anticipates handling 127 MT cargo this fiscal year, despite the US-Iran conflict impacting its Fujairah liquid terminal in the UAE. Operations are gradually normalizing, with insurance claims expected by October-end. The company also progresses with domestic port expansion plans, reporting an 8.2% drop in June quarter net profit.
