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U.S. President Trump said Becton Dickinson (BD), one of the world’s largest medical device makers, has agreed to invest $3 billion to relocate production lines for critical medical products relied on by U.S. patients and hospitals back to the United

2026-10-06

U.S. President Trump said Becton Dickinson (BD), one of the world’s largest medical device makers, has agreed to invest $3 billion to relocate production lines for critical medical products relied on by U.S. patients and hospitals back to the United States, with the largest expansion to be sited in Nebraska.

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2026-10-05

S&P Global Market Intelligence chief business economist Chris Williamson said September US business activity rose at the fastest pace in over five years as stronger demand and improved business confidence pushed output expansion to a five-year high.

S&P Global Market Intelligence chief business economist Chris Williamson said September US business activity rose at the fastest pace in over five years as stronger demand and improved business confidence pushed output expansion to a five-year high. Robust services expansion, together with an equally strong manufacturing PMI, points to roughly 4% GDP growth in Q3 and suggests economic momentum is strengthening into early Q4. Tech firms reported their fastest growth in nearly four years, citing an AI boost; consumer-facing, healthcare, alcohol, real estate and financial services sectors also saw acceleration. Input-cost inflation climbed in September to its highest level in nearly four years, with rising fuel costs lifting cost pressure and firms accelerating price increases, indicating inflation may remain above the Fed’s 2% target.
2026-10-05

South African petrol prices will hit record highs as an oil-price shock from the Iran war feeds into the government’s monthly fuel-price adjustments. Gauteng 95-octane petrol will rise 3.33 rand per litre (about $0.20) to 30.25 rand/litre on Oct. 7,

South African petrol prices will hit record highs as an oil-price shock from the Iran war feeds into the government’s monthly fuel-price adjustments. Gauteng 95-octane petrol will rise 3.33 rand per litre (about $0.20) to 30.25 rand/litre on Oct. 7, a 12% increase, the Department of Mineral Resources and Energy said in an emailed statement. Wholesale diesel will increase by up to 3.24 rand/litre. The move adds to upward pressure on global fuel prices and will disproportionately affect African households given high reliance on road transport. Fuel-driven price rises have pushed South African CPI to 4.4% since the war began in late February, prompting two rate hikes by the South African Reserve Bank so far this year, and could increase pressure on the bank to tighten further to defend its 3% inflation target.
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