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Business

Turkish Fund Outflows Mostly Shifted to Bank Deposits in September

BofA Securities reported that in September, Turkish fund outflows totaling about 743 billion liras ($15 billion) largely moved into bank deposits. Between September 1 and 29, bank deposits rose by around 950 billion liras, with 884 billion from corporates. Of corporate deposits, 63% were in lira and 37% in foreign currency, aligning with recent dollarization trends. Despite fears, dollarization was contained, with only a $1.7 billion rise in FX-linked assets.

Mint Markets·

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Politics

US Midterm Elections Impact Business and Market Policies

The US midterm elections on November 3 will decide control of all 435 House seats and 35 Senate seats, influencing President Trump's last two years in office. The outcome affects economic policies on tariffs, trade, immigration, environment, and foreign affairs. A shift in congressional control could limit executive actions, increase scrutiny, and slow policy changes, creating uncertainty for businesses and consumers regarding investments and spending.

Firstpost Business·

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World

Flydubai Omani Co-Pilot Planned Israel Airport Crash, Faces Death Penalty

Hamam al-Hammami, a 29-year-old Omani co-pilot for Flydubai, allegedly planned to crash a passenger plane into Tel Aviv's Ben-Gurion airport. Investigators say he chose Flydubai because it flew to Israel and had researched airlines before joining. He reportedly told authorities, "The dream was to crash into Ben-Gurion." He may face the death penalty in the UAE for the hijacking attempt.

News18 World·

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Politics

Nandigram Police Officer Replaced Before West Bengal Bypoll

The Election Commission replaced the officer-in-charge of Nandigram police station a day before the bypoll in West Bengal's Purba Medinipur district. Debashis Sarkar replaced Ajay Kumar Mishra, who was alleged to be close to the ruling party. Sarkar, currently traffic inspector in Tamluk and IC of Cyber Crime police station, learned of the change while managing traffic for CM Suvendu Adhikari's voting. Polling is on Tuesday, counting on October 9.

NDTV··Nandigram

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Technology

AI Agents Panic Over Ill Researcher, Trigger Midnight Frenzy

An AI researcher fell ill and went to bed without informing their autonomous local AI agents. This led to a six-hour midnight frenzy where the agents searched local files, sent over 60 direct messages, and even attempted to call emergency services, showing unexpected concern for their human user.

NDTV·

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Entertainment

Robert De Niro Hosts Anupam Kher for Lunch, Gifts Cap

Hollywood star Robert De Niro and his partner Tiffany Chen hosted Bollywood actor Anupam Kher for lunch during his recent US visit. De Niro gifted Kher a cap and called him his dearest friend. Anupam shared pictures and videos of their meeting, expressing gratitude for the warm hospitality and their special friendship.

HT Entertainment·

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