The World Health Organization says Ebola transmission is declining in some of the hardest-hit areas of the Democratic Republic of the Congo. The improvement is most visible in parts of Ituri province, the main center of the outbreak. However, the epidemic continues to expand in other areas. Official data through Sept. 13 showed 7,258 confirmed cases and 3,510 deaths across seven provinces, with the national case fatality ratio at 48.4%.
Bullion faced renewed selling pressure across international trading desks as global commodity markets digested a quarter-point interest rate hike by the U.S. Federal Reserve. Spot gold declined 1 percent to $4,249 per ounce, hitting multi-session lows under the weight of higher sovereign yields and restrictive monetary policy. Higher interest rates have increased the opportunity cost of holding physical bullion, prompting institutional portfolios to reallocate capital into fixed-income assets.
News
Nepal’s National Disaster Risk Reduction and Management Authority has raised the number of people missing after the Aug. 26 floods to 6,150. The revised total is 971 higher than the previous figure of 5,179. Authorities have also recovered 1,403 bodies since the disaster struck. The floods and debris flows caused extensive damage across northern Nepal, particularly near the border with China. Authorities have identified 105 of the recovered bodies and continue forensic work on the others. Another 587 foreign nationals remain among those listed as missing, adding an international dimension to the continuing search and identification effort.
Business
Bullion faced renewed selling pressure across international trading desks as global commodity markets digested a quarter-point interest rate hike by the U.S. Federal Reserve. Spot gold declined 1 percent to $4,249 per ounce, hitting multi-session lows under the weight of higher sovereign yields and restrictive monetary policy. Higher interest rates have increased the opportunity cost of holding physical bullion, prompting institutional portfolios to reallocate capital into fixed-income assets.
Travel
The carrier’s seasonal performance highlights expanding passenger capacity and higher load factors across primary long-haul routes connecting North America, Europe, the Middle East, and the Asia-Pacific region. Operational updates released through international aviation channels indicate that forward bookings for the upcoming holiday travel window remain elevated across both premium cabins and economy class. Industry observers note that the sustained passenger volume underscores structural resilience across international long-haul aviation markets.
Health
The World Health Organization says Ebola transmission is declining in some of the hardest-hit areas of the Democratic Republic of the Congo. The improvement is most visible in parts of Ituri province, the main center of the outbreak. However, the epidemic continues to expand in other areas. Official data through Sept. 13 showed 7,258 confirmed cases and 3,510 deaths across seven provinces, with the national case fatality ratio at 48.4%.
Automotive
The restructuring strategy, formally named the Future Package, was negotiated between the executive leadership of Porsche and the General Works Council in coordination with the metalworkers union IG Metall and the employers association Südwestmetall. Executives emphasized that workforce reductions will be executed through socially responsible mechanisms, including expanded partial retirement programs, voluntary severance packages, and natural demographic attrition. Management explicitly ruled out compulsory redundancies through 2035, while extending existing site guarantees for five years. In exchange for labor concessions, the automaker committed 2.1 billion euros in capital investments dedicated to upgrading its assembly plant in Stuttgart-Zuffenhausen and its research facility in Weissach.