Malaysia is poised to return to Formula 1, with Prime Minister Anwar Ibrahim saying an official announcement will come on Sunday. Sepang International Circuit is expected to host the relocated Bahrain Grand Prix on October 2-4, its first F1 race since 2017, after the Middle East conflict forced Bahrain's cancellation. The deal, agreed in principle, still awaits FIA approval.
Coca-Cola has raised Diet Coke's price in India by over 10%, Reuters reported, as the Middle East conflict disrupts aluminium can supplies. With shipping through the Strait of Hormuz hit after a truce collapsed, the company is reportedly sourcing larger cans from Southeast Asia. The 300ml can (Rs 40) is replaced by a 330ml can at Rs 50, 13.6% costlier per millilitre.
Indian equities fell for a fifth session on Friday, with the Nifty 50 down 0.43% at 23,767 and the Sensex 0.43% lower at 76,408. Both indices lost over 2.5% for the week, their worst showing in four months, dragged by weak Infosys and IndiGo earnings and rising Middle East tensions. Go Digit, Motilal Oswal and Syrma SGS were among top losers.
India's beer industry faced a difficult operating environment in FY26, chiefly due to escalating Middle East tensions, said Vivek Gupta, Managing Director and CEO of United Breweries Ltd. In the company's annual report filed with the BSE on Monday, Gupta cited global supply-chain volatility, can shortages, and higher energy and packaging costs that raised input prices and deepened uncertainty.
Fighting has resumed in the Middle East despite a June ceasefire, with fresh strikes and Donald Trump reimposing a naval blockade. Oil prices jumped more than 8 percent on the announcement amid fears of disruption through the Strait of Hormuz. Higher energy costs feed inflation, which could raise the 2027 cost-of-living adjustment for Social Security recipients.