Business News from Wednesday, October 1st, 2025

The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Malaysia has officially come into force, with an aim to increase non-oil trade to $13.5 billion by 2032.

Pfizer and US President Donald Trump on Tuesday said they had cut a deal in which the US-based drugmaker agreed to lower prescription drug prices in the Medicaid program to what it charges in other developed countries in exchange for tariff relief.