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Türkiye eyes COP31 to attract green investment, advance industrial transformation

Investment office chief highlights 94 climate-friendly projects, while COP31 representative stresses development opportunities23 October 2026

OPEC Fund approves record $250M loan for Istanbul North Rail Crossing

Project to boost annual Bosphorus rail freight capacity from 3M tons to 50M tons, strengthening key global trade corridors23 October 2026

Türkiye urges stronger financing partnerships to turn COP31 pledges into investment

Climate diplomacy chief, banking and business leaders highlight private capital’s role in accelerating green transition23 October 2026

Russian central bank holds key rate steady at 14%

Bank of Russia cites elevated price pressures, high inflation expectations as economy grows moderately in 2nd half of 202623 October 2026

UN official urges faster green investment ahead of COP31

High financing costs hinder clean energy projects in developing countries despite falling technology costs, UN development official says23 October 2026

Volvo Cars to cut 2,500 jobs as China slump drives quarterly loss

Swedish automaker targets additional $504M in savings as China revenue nearly halves 23 October 2026

IEA chief expects energy crisis to persist into 2027

Birol's COP31 electrification proposal aims to raise electricity's share of global energy to 35% by 2035, strengthening energy security and cutting emissions23 October 2026

EXPLAINER - How China is reshaping its export map beyond the US

Stronger sales to ASEAN and Europe more than covered China's 2025 export decline to US 23 October 2026

Gold nears 3-month low as tech selloff, inflation concerns weigh

Precious metal trades near $4,015 an ounce as investors sell holdings to cover losses in equities23 October 2026

Brent hits 5-month high, European gas highest since December 2022 as supply risks mount

Brent climbs above $114 per barrel, European gas exceeds $102.40 per megawatt-hour amid Mideast tensions and tight LNG supplies23 October 2026

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