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New Mexico Judge Orders Meta to Pay $25 Billion•TASI Drops 2.32% to 9,695 Points, Recording Lowest Close Since March 2023•Gold drops 2.57% amid Hormuz attacks and oil surge•Attacks reduce Saudi oil production and East-West pipeline flows•London Warns Its Citizens: Do Not Travel to Saudi Arabia Unless Necessary•Airlines Extend Flight Suspensions to Saudi Arabia into Winter Following Airport Attacks•Aramco Evacuates Dhahran Headquarters After Houthi Strikes, Brent Hits $114•Brent Surpasses $116 as Houthi Attacks Threaten Saudi Energy Infrastructure•New Mexico Judge Orders Meta to Pay $25 Billion•TASI Drops 2.32% to 9,695 Points, Recording Lowest Close Since March 2023•Gold drops 2.57% amid Hormuz attacks and oil surge•Attacks reduce Saudi oil production and East-West pipeline flows•London Warns Its Citizens: Do Not Travel to Saudi Arabia Unless Necessary•Airlines Extend Flight Suspensions to Saudi Arabia into Winter Following Airport Attacks•Aramco Evacuates Dhahran Headquarters After Houthi Strikes, Brent Hits $114•Brent Surpasses $116 as Houthi Attacks Threaten Saudi Energy Infrastructure•
Manufacturing

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Hyundai and Kiewit to Build US Shipyard Creating 3,000 Jobs
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Hyundai and Kiewit to Build US Shipyard Creating 3,000 Jobs

Hyundai signed an agreement with Kiewit to build an advanced shipyard in the United States, with construction set to begin in 2027 and operations in 2029, creating approximately 3,000 local jobs.

10/24/2026
China Captures 64% of Global Shipbuilding Order Book
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China Captures 64% of Global Shipbuilding Order Book

The global shipbuilding order book reached 203.2 million compensated gross tonnage in September, up 13% year-on-year, with China controlling 64% compared to 19% for South Korea and 6% for Japan.

10/24/2026
Manufacturing | 60 Arabia