Nikkei reported on Monday that Foxconn and Mitsubishi Electric plan to establish a 50-50 joint venture to develop a global electric-vehicle (EV) platform.

Iran's foreign minister responded to Israeli premier NETANYAHU's threatening remarks, saying "the last time you tried to 'finish the job', Iran became stronger" and warning Israel to "be careful, we also have unfinished business to settle." He accused NETANYAHU of pushing the United States toward another war to avoid prison and of ignoring the consequences for Israel and the US president.

GCL Group and China Jurong Group signed an LNG engineering, procurement and construction (EPC) and tolling/contracted-processing agreement in Ethiopia on Oct. 16, following meetings with the newly appointed Ethiopian mines minister. The signatories—GCL Energy Investment Co.’s Ethiopia branch and Jurong Group (Holdings) Co.—said they will combine capabilities in oil and gas exploration, LNG capacity build, storage and transport to accelerate project delivery and to deepen cooperation on energy technology, equipment manufacturing, cross-border trade and low‑carbon initiatives.