BP

Attention is on the Reserve Bank of Australia's September meeting, where markets and analysts widely expect a 25 basis point interest rate increase. The anticipated move reflects growing concerns that inflation risks in Australia are building again, and traders are positioning for a tighter policy stance.

New York City has subpoenaed Elon Musk and his artificial intelligence company xAI as part of an investigation into AI safety. The move makes the city one of the most prominent US local governments to target a major AI developer directly, and it adds regulatory pressure for Musk, whose AI business is already drawing scrutiny alongside his other ventures.

Indonesia will inject $1.1 billion into BPJS Kesehatan, the state agency that runs the country's universal health insurance scheme. The government capital injection is aimed at strengthening the insurer's finances so it can keep covering more than 90% of Indonesians. Observers are watching whether the funds will resolve persistent claims backlogs and funding shortfalls in the national health programme.

The Trump family's business empire is reportedly bracing for a wave of congressional subpoenas should Democrats retake control of Congress. According to the report, Democratic majorities would enable House committees to investigate the former president's company's finances, deals and foreign ties, opening a new legal front around the family enterprise.

BP is considering selling its Brazilian biofuels business, according to a Bloomberg News report picked up by Reuters. The potential divestment would mark another step in the energy major's efforts to streamline its portfolio and refocus on core oil and gas operations, though no buyer or valuation has been named and the company has not confirmed a deal.

Sudan's paramilitary Rapid Support Forces are extracting transit fees from oil passing through Heglig, where pumping continues at around 26,000 barrels per day. The report underscores how control of key oil infrastructure in South Kordofan has become a revenue source for the RSF during Sudan's war, complicating Khartoum's finances and oil export arrangements.

BP workers locked out of their jobs are picketing outside the company's refinery in Indiana amid a dispute over a new labor contract. The standoff between the oil major and its unionized workforce has halted normal operations for the affected employees, who are demanding better terms. The action adds to scrutiny of labor relations in the US energy sector.

Technology firm Leidos has won a $129 million blanket purchase agreement to support electronic health records systems for US Immigration and Customs Enforcement. Under the deal, Leidos will provide technical and operational support for medical record systems used across ICE detention facilities. The contract adds to Leidos' large federal health IT portfolio and comes as immigration detention conditions and detainee medical care remain under scrutiny.