Economic Indicators - Australia's economic activity shows signs of significant slowdown, with the S&P Global PMI Composite dropping to 52.1 from 55.5 in August, indicating a deceleration in both manufacturing and services sectors [2][7] - The Manufacturing PMI fell to 51.6 from 53.0, while the Services PMI declined to 52.0 from 55.8, suggesting potential impacts on future growth forecasts [2][7] Company Developments - BP has halted plans to build a dedicated biofuels plant in Rotterdam due to weak demand, redirecting capital towards more profitable oil and gas ventures, abandoning a target of producing 100,000 barrels per day of biofuels by the end of the decade [3][7] - Amplitude Energy is launching a fully underwritten equity raising of A$150 million at a fixed price of A$0.24 per share to support operations and growth initiatives in the Southeast Australian energy sector [6][7] Regulatory Actions - ASIC has initiated new court proceedings against RACQ Insurance Limited for sending over 570,000 misleading insurance renewal documents, alleging that the presented premium amounts were often inflated compared to actual payments [4][7] Pension Fund Changes - The UK government plans to abolish the administration levy charged by the Pension Protection Fund, expected to save £45 million for around 5,000 defined benefit pension schemes [5][7]