Bloomberg News

Zimbabwe's central bank has lowered interest rates, moving in the opposite direction to most global central banks that are holding or raising rates. The decision comes as geopolitical risks linked to Iran continue to weigh on markets. Bloomberg reported the rate cut, highlighting the country's unusual monetary path amid persistent inflation challenges and external uncertainty.

Donald Trump delivered a hard-hitting address to the United Nations, but Bloomberg reports the rhetoric did little to move his main targets. China's Xi Jinping, Russia's Vladimir Putin and Iran showed no sign of being swayed or deterred by the president's bluster, underscoring the limits of Trump's UN platform in shaping the behaviour of US adversaries.

BP is weighing a sale of its Brazilian biofuels business, according to a Bloomberg News report picked up by Reuters. The potential divestment would mark a retreat in one area of the company's renewables push as it reassesses its energy transition strategy and works to streamline operations and shore up its balance sheet.

Bloomberg reports that Chinese authorities have imposed restrictions on overseas travel for family members of artificial intelligence experts, according to the headline circulated in global news coverage. The measure is understood as part of China's tight controls over sensitive technology sectors, aimed at preventing experts with access to sensitive AI work from leaving the country. The exact scope and enforcement of the restrictions remain unclear.

Andrew Bailey, who served as co-Deputy Director of the FBI under the Trump administration, has resigned, according to Bloomberg Law. Bailey, formerly Missouri's attorney general, was appointed to the bureau's leadership alongside Dan Bongino earlier this year. The news is spreading rapidly across US politics circles, with observers awaiting word on the reasons behind his departure and what it means for the FBI's leadership.

A Bloomberg opinion piece argues that universal public health insurance is the answer to the United States' ongoing healthcare crisis. The article contends that millions of Americans face unaffordable care and gaps in coverage, and that a publicly funded universal system would address these failures. The argument feeds into a long-running American debate over single-payer healthcare versus the current mixed public-private model.

Malaysia's Barisan Nasional has announced it will leave its governing coalition at the next general election, according to the New Straits Times and Bloomberg. The decision signals a major shake-up of the country's politics ahead of the vote, ending an alliance that has shaped Malaysian government in recent years. The announcement is drawing attention across the region as parties begin positioning for the polls.

AI startup PaleBlueDot AI is seeking $600 million in private credit financing to purchase chips, according to Bloomberg News. The move highlights the enormous capital costs of acquiring AI hardware, with firms increasingly turning to private credit markets rather than traditional equity funding to pay for scarce, expensive GPUs.

Bloomberg Tech reports that AMD has acquired World Labs, the spatial-intelligence startup founded by AI researcher Fei-Fei Li, in a deal valued at $8.2 billion. The move signals AMD's push beyond chips into AI systems that understand 3D space and the physical world, a technology many see as a possible stepping stone toward more general artificial intelligence and advances in robotics.

CNN, MS NOW and Politico are asking a court to extend a block on a White House ban affecting their organisations, according to Bloomberg. The request would lengthen an existing injunction while litigation continues. The move is the latest step in an ongoing legal fight between major US news outlets and the Trump administration over press access. Details of the court's response were not immediately available.