Urgent.News

What's breaking now, across thousands of outlets.

More in Business

One-China policy: Pakistan bars Taiwan carriers from airspace: report

In a first-of-its-kind move by any country, Pakistan shut its airspace to carriers from Taiwan in support of Beijing’s One-China policy, Bloomberg reported on Wednesday. “The aviation division follows the One China policy — only mainland China is allowed,” Defence Minister Khawaja Asif told Bloomberg News .

At Petrobras, fuel prices turn into a goat in the room

The first meeting of Petrobras' board of directors after the elections, on Monday, was an example of the reality checks that Lula 4 will face in the coming months. Not even 24 hours had passed since the polls opened when the state-owned company's board demanded plans to increase fuel prices at its refineries.

More from Wednesday 28 October →