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October 2026 news

EU summit puts energy prices, China and budget in focus

A Euronews headline published October 15 reports that EU summit leaders addressed China amid a widening trade deficit and rising job losses. The Financial Times said soaring energy prices were set to dominate the summit and overshadow budget talks, while Euronews's October 14 headline said leaders tackled energy prices, sparred over the budget and united on Ukraine.

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Musk suggests US government may be behind slowdown in Ukraine's Starshield

Elon Musk has suggested the US government may be behind a slowdown in Ukraine's Starshield system, according to Euronews. BBC News reports that Musk said the US government may be behind a slowdown in Ukraine drone speeds, while France 24 says he suggested the US government was behind any slowdown in Starlink in Ukraine.

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Ukraine says Starshield access greatly restricted as Musk points to US role

Ukraine says its access to Starshield has been greatly restricted, according to NPR. Musk has said the US government is responsible for any restrictions or slowdown affecting Ukraine's Starshield system, according to France 24; CNBC reports he said President Trump is ultimately responsible for any curbs. France 24 and the South China Morning Post also report that Musk said it was time for Zelensky to go.

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India approves foreign takeover of a domestic bank

India has approved a foreign takeover of a domestic bank, which the Financial Times describes as the country's biggest. CNBC reports that the government announced a $5.5 billion stake sale in IDBI Bank to Canada's Fairfax, and that IDBI shares fell 7%.

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General Atlantic plans IPO at up to $10bn valuation

General Atlantic plans an initial public offering at a valuation of up to $10bn, according to a Financial Times headline published on Oct. 14. A second Financial Times headline published on Oct. 15 describes the company’s IPO ambitions but provides no further details in the available information.

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