Plus, simulating flight FZ1073's sudden plunge.

Go beyond the headlines with Reuters on the stories shaping the day. Subscribe for $1/week.

 

Daily Briefing

Daily Briefing

By Claire Beers

Hello. Spain's housing protests have spurred an early election call, Yemen launches an offensive to seize all areas from Iran-backed Houthis and a $22.6 billion US software deal.

Plus, like a 'vertical roller coaster': we simulate the FlyDubia flight's sudden plunge.

Today's Top News

 

People take part in a protest against fascism and the housing crisis in Puerta del Sol square in Madrid, Spain. REUTERS/Alejandro Martinez Velez

  • Prime Minister Pedro Sanchez called an early election following widespread protests over housing conditions in Spain. The premier also ‌acknowledged making mistakes and falling short of campaign promises. Follow our live page for the latest.
  • Yemen said it was launching a major military campaign to recapture all areas of the country controlled by the Iran-backed Houthis. Timour Azhari tells the Reuters World news podcast why Riyadh has decided it can no longer negotiate.
  • The flydubai co-pilot who stabbed his captain in an alleged attempt to crash the plane has told UAE interrogators he planned the attack before he was hired by the Dubai state-owned airline, according to two Israeli officials with knowledge of the probe.
  • Right-wing Brazilian Senator Flavio Bolsonaro will face leftist President Luiz Inacio ‌Lula da Silva in a runoff of the presidential election after Bolsonaro exceeded expectations in the first-round vote with a slight lead over the incumbent.
  • Kryvyi Rih, the hometown of Ukrainian President Volodymyr Zelenskiy, is struggling to survive. The financial squeeze on the city underlines the challenges facing Ukraine as the government navigates its biggest budget crisis since Russia's 2022 full-scale invasion.
  • US President Donald Trump used an Ohio rally to mix profane attacks on Democrats with promises of financial help if Republicans win the midterms and a warning ‌that he would be less willing to work with the state if Democrats prevail.
  • The woman at the center of the Cornell University rape case has been the target ‌of threats, her lawyer said. The identity of Jane Doe has become part of fevered conversation surrounding the case. Women on social media have been posting #IamJaneDoe to counter those who have sought to name her publicly.
  • The US has ‌removed its B-1 bombers from a British air base one week after five men were arrested nearby on suspicion of preparing terrorist acts.
 

Business & Markets

 

Schneider Electric at the Global Industrie exhibition in France. REUTERS/Benoit Tessier 

  • France's Schneider Electric struck its biggest deal ever, agreeing to buy PTC in an all-cash deal ‌valuing the US software company's equity at around $22.6 billion.
  • The US Supreme Court is set to hear a bid by oil companies ExxonMobil and Suncor Energy to thwart a ‌lawsuit by officials in Boulder, Colorado, seeking monetary damages for harms caused by climate change, as the justices open a new nine-month term.
  • A former OpenAI safety employee who recently resigned criticized the company's approach to AI safety, arguing that a fast-paced culture focused on rapid development increases the risk of failures.
  • Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September ‌despite attacks on vessels passing through the Strait of Hormuz.
  • Europe's uptake of electric vehicles is gaining momentum, with record sales so far this year driven by a slew of affordable models coming onto ‌the market to bring carmakers in line with EU targets.
  • Honda aims to cut costs by as much as a fifth and halve development times under its new partnership in India with Tata Technologies, as pressure from rivals forces the Japanese automaker to rethink its go-it-alone approach.
 

As Iran war smolders, shunned Eritrea looks to come in from the cold

 

Children play football outside a market in Asmara, the largest city in Eritrea. REUTERS/Monicah Mwangi

Eritrea has long been isolated by the West, which views the East African country as among the most repressive in the world.

This small country of fewer than 4 million people has nonetheless acquired new geopolitical significance this year, during the Iran war, owing to its 1,000 km coastline along the Red Sea shipping route. The route has proved a critical alternative to the Strait of Hormuz.

Attacks on Red Sea trading vessels by Iran-backed Houthi militants in Yemen, which faces Eritrea across the route’s southern chokepoint, have made Eritrean waters potentially the most secure transit corridor.

Read more
 

Simulating flight FZ1073's sudden plunge