Between 26 and 31 October, three deals totaling $81.4 billion in value made the headlines.
Category: 4 November 2025
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SPOTLIGHT: CHINA’S AUTO INDUSTRY PUTS THE PEDAL TO THE METAL
China will gradually take over Europe’s auto industry, rehabilitating factories and saving jobs that the continent’s own makers cannot, Carlos Tavares says in a new memoir.
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GERMANS SEE HEATING BILLS TRIPLE SINCE OUTBREAK OF UKRAINE WAR
Germans are forced to spend more on their energy demands because of Berlin’s decision to cut off Russian gas, and have seen their heating bills increase by 82 percent since 2021, Euronews reported.
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SPOTLIGHT: CHINA’S SEARCH FOR ECONOMIC GROWTH
In its meeting in late October, China’s ruling committee redoubled its call for extraordinary measures to advance the country’s self-sufficiency in advanced technologies, particularly in advanced computing and artificial intelligence.
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GAZA DEATH TOLL
The IDF killed at least 68,872 people inside Gaza, and wounded another 170,677, as the Israeli military continues to violate the ceasefire with the full support of the Trump administration.
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SPOTLIGHT: GRADING THE TRUMP-XI SUMMIT
Donald Trump praised his trade agreement with China, reached last week, but U.S. analysts and businesses say crucial issues have yet to be settled, The Wall Street Journal reported.
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ISRAELI FORCES RAID VILLAGE IN SOUTHWESTERN SYRIA
The Israeli government continues to show its neighbors who’s boss, and on Saturday carried out raids across Syria’s Quneitra, in the southwest, that included tanks, military vehicles, and a bulldozer, according to Iran’s Press TV.
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ECB PLANS TEST OF DIGITAL EURO FOR 2027
The European Central Bank (ECB) is planning a pilot test of a digital euro in 2027 if the European Commission will give timely approval for the experiment, the bank has announced.
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COPPER PRICE SETS NEW RECORD ON SUPPLY FEARS
On 29 October, copper’s price rose 1 percent to set a new record at $11,137 per metric ton after several major producers said production of the metal will decline next year.
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BANK OF CANADA CUTS RATE
Last week, Canada’s central bank cut its key rate for the fourth time this year, dropping it to 2.25 percent and announcing that it will defer any future rate cuts indefinitely.