IMF Managing Director Georgieva said the global economy has shown significant resilience amid shocks.

BHP has agreed to sell its idled Kambalda nickel concentrator in Western Australia, together with a package of mining tenements and mineral rights, to South Africa's Gold Fields. The undisclosed-value deal is expected to complete in 2027. The Kambalda plant was mothballed in 2024. BHP mothballed larger WA nickel operations the same year citing market oversupply and is assessing disposal of remaining nickel assets, including a nickel refinery, a smelter and mining operations. Gold Fields said it will assess options for long-term use of the concentrator.

On Oct. 7 local time, Ukraine's State Emergency Service said a Russian strike hit a high-rise residential building in Pryluky, Chernihiv Oblast; officials initially confirmed four dead and about 20 injured, including three children. Poltava Oblast's military-civil administration reported an attack on Kremenchuk that killed two and injured seven. Kyiv city administration said strikes across the city have so far killed two and damaged multiple non-residential buildings and warehouse facilities.