September 25, 2026

Business News

Business News news, latest updates, breaking stories, and in-depth coverage. Stay informed with real-time developments and insights.

Trump’s Tariff on Imported Pharmaceuticals Sparks Global Tensions: Australia Refuses to Compromise on Consumer Protections

** Australia is standing firm in its commitment to protect consumers from escalating drug prices, refusing to compromise on consumer protections despite the US imposing a 100% tariff on imported branded pharmaceuticals. The move threatens to significantly escalate the costs of importing essential medicines and create a shortage of certain products.

SpaceX Prepares for Potential Record-Breaking Stock Market Debut

** SpaceX, the company founded by Elon Musk, is reportedly poised to make history with the largest ever stock market listing, eclipsing the current record held by Saudi Aramco. With a valuation expected to exceed $50 billion, the IPO could cement SpaceX's status as a leader in the private space industry and provide a significant injection of capital for its ongoing development of advanced spacecraft and rocket technology.

Sensex Surges 1,186 Points, Nifty Crosses 22,650: Stock Market Rally Kicks Off FY27 With Massive ₹10 Lakh Crore Wealth Boost

The Indian stock market kicked off the new financial year FY27 with a powerful comeback, as the Sensex surged 1,186 points and the Nifty crossed 22,650, driven by renewed investor confidence, positive global cues, and broad-based buying across sectors, resulting in a significant ₹10 lakh crore wealth boost for investors.

Global Oil Prices Reach Highest Level Since Iranian Conflict Began

** Global oil prices have reached their highest point since the 1970s due to reduced traffic in the Strait of Hormuz, a critical waterway in the Middle East. The ongoing conflict in the region has sparked concerns about supply disruptions and potential price hikes, making the oil market a closely watched sector.

US-Iran Conflict Exposes Fickle Nature of Fossil Fuel Market, Critics Warn

** The US-Iran conflict has sparked concern among critics, who argue that President Donald Trump's aggressive push for fossil fuels threatens the global energy market with "dangerous volatility" and exacerbates the climate crisis. Critics warn that Trump's efforts to prop up the fossil fuel industry may ultimately prove detrimental to US economic interests and hinder the country's transition to cleaner energy sources.

“Stock Markets React with Optimism as Trump Reportedly Looks to End Iran War Tensions”

** "Markets have responded favorably to a recent report indicating that the White House is considering steps to de-escalate tensions in the Middle East, specifically with regards to the current conflict between the United States and Iran. As a result, stock futures rose on Wall Street."

UK Government Considers Scrapping £330m NHS Contract with Palantir Amid Criticism from Tech Firm’s UK Boss

** The UK government is considering terminating a £330m contract with Palantir after the company's UK boss urged ministers to resist calls to trigger a break clause. The contract, aimed at improving data sharing between NHS trusts, has raised concerns over data protection and transparency.