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Today: July 16, 2026
Today: July 16, 2026

Economy

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Peru approves $2.8 billion budget hike ahead of Fujimori transition

Peru's Congress approved late Tuesday a $2.8 billion budget expansion to fund infrastructure projects, essential services and other purposes, offering

Peru approves $2.8 billion budget hike ahead of Fujimori transition
Business|Economy|Finance|World

India-UK trade pact takes effect, cutting tariffs and boosting services trade

India and Britain's trade pact took effect on Wednesday, cutting tariffs on thousands of goods and expanding market access for

India-UK trade pact takes effect, cutting tariffs and boosting services trade
Business|Economy|Entertainment|Europe|Fashion and Beauty

Cartier-owner Richemont's sales beat boosts luxury sector as jewellery shines

Cartier brand owner Richemont gave a boost to the broader luxury sector on Wednesday after the Swiss-based group comfortably beat sales forecasts for its

Cartier-owner Richemont's sales beat boosts luxury sector as jewellery shines
Business|Economy|World

Spain's final 12-month EU-harmonised inflation at 3.6% in June

Spain's European Union-harmonised 12-month inflation rate rose to 3.6% in June, unchanged from the period through May, final data released by the National Statistics Institute (INE

Spain's final 12-month EU-harmonised inflation at 3.6% in June
Arts|Economy|Education|Environment|Food|Interview|World

Ugandan farmer Mukiibi steers Slow Food beyond its Italian roots

When Carlo Petrini founded the Slow Food movement in Rome in 1986 to protest the arrival of Italy's first McDonald's, Edward Mukiibi was not yet born.

Ugandan farmer Mukiibi steers Slow Food beyond its Italian roots
Business|Economy|Science|Technology

ASML capacity upgrade soothes AI chip bottleneck fears

ASML, the world's dominant supplier of equipment needed to make high-tech computer chips, raised its 2026 sales forecasts on

ASML capacity upgrade soothes AI chip bottleneck fears
Business|Economy|Fashion and Beauty|Finance|Stock Markets

UK's Dr Martens backs annual outlook on US wholesale demand

British bootmaker Dr Martens stuck to its fiscal 2027 outlook on Wednesday, citing encouraging wholesale demand in its largest market, the United States.

UK's Dr Martens backs annual outlook on US wholesale demand
Business|Economy|Finance|Stock Markets|World

China's Q2 economic growth cools to 3-1/2-year low as imbalances worsen

China's economy expanded at its slowest pace in more than three years in the second quarter, missing forecasts, with

China's Q2 economic growth cools to 3-1/2-year low as imbalances worsen
Business|Economy|Finance|Political|Stock Markets|World

Japan PM Takaichi says draft economic blueprint not cause of bond market rout

Japanese Prime Minister Sanae Takaichi on Wednesday said she saw no link between her government's draft economic blueprint and a recent market rout that has driven Japanese

Japan PM Takaichi says draft economic blueprint not cause of bond market rout
Business|Economy|Science|Technology|World

Intel turns to next-generation ASML tool to help make its laptop chips

By Max A.

Intel turns to next-generation ASML tool to help make its laptop chips
Business|Economy|Europe|World

ECB's Kocher sees currently no second-round effects from Iran war, but bank is ready to act

The European Central Bank currently sees no second-round effects from the U.S.-Israeli war on Iran, but is paying close attention to indirect price effects from the

ECB's Kocher sees currently no second-round effects from Iran war, but bank is ready to act
Business|Economy|Environment|Technology|World

China turns to electric taxis to soften Hormuz oil shock

China has an increasingly important buffer against oil price shocks: electric taxis.

China turns to electric taxis to soften Hormuz oil shock
Asia|Business|Crime|Economy|Technology|World

Cambodian tycoon was landlord to Chinese scammers and human traffickers

A gambling empire controlled by a powerful Cambodian tycoon was the landlord of a compound that was used for

Cambodian tycoon was landlord to Chinese scammers and human traffickers
Business|Economy|Finance|Science|Stock Markets|Technology

Big Blue's bad day raises the bar for ASML

A look at the day ahead in European and global markets from Tom Westbrook Europe's most valuable company and the top supplier of chip-making equipment reports on Wednesday with the AI rally getting

Big Blue's bad day raises the bar for ASML
Business|Economy|Finance|Stock Markets|World

China misses growth target for first time since Covid as Iran turmoil roils global trade

China misses growth target for first time since Covid as Iran turmoil roils global trade

China misses growth target for first time since Covid as Iran turmoil roils global trade
Business|Economy|World

China new home prices fall at slower pace, but recovery doubtful

China's new home prices contracted at a slower pace in June, but the modest improvement is unlikely to result in a broad

China new home prices fall at slower pace, but recovery doubtful
Asia|Business|Economy|Finance|Stock Markets|World

Instant View: China's second-quarter economic growth misses market forecast

China's annual economic growth slowed sharply to 4.3% in the second quarter, official data showed on Wednesday, missing analysts' expectations as weak domestic demand and the oil

Instant View: China's second-quarter economic growth misses market forecast
Business|Economy|Environment|Lifestyle|World

US House passes bill to make daylight saving time permanent

The U.S.

US House passes bill to make daylight saving time permanent
Business|Economy|Finance|MidEast|Political|World

Iran-linked vessels pass through Hormuz ahead of US blockade

The number of vessels transiting through the Strait of Hormuz ticked up on Tuesday, with most of them linked to Iranian trade, before a U.S. blockade

Iran-linked vessels pass through Hormuz ahead of US blockade
Business|Economy|Finance|Political|World

Trump resumes Iran port blockade and threatens strikes on energy targets

President Donald Trump on Tuesday reimposed a naval blockade of all Iranian ports and

Trump resumes Iran port blockade and threatens strikes on energy targets
Business|Economy|Finance|Stock Markets|Technology

SK Hynix shares surge 13% on AI hopes as US tech stocks resume their climb

Shares in SK Hynix jumped nearly 13% in Seoul on Wednesday, tracking gains in U.S. tech stocks after softer-than-expected U.S. inflation data, while upbeat

SK Hynix shares surge 13% on AI hopes as US tech stocks resume their climb
Business|Economy|World

Kuroda's negative rate surprise shocked his own BOJ board, minutes show

The Bank of Japan's shock introduction of negative rates in 2016 drew intense criticism from within the board with some blasting it as half-baked and a risky

Kuroda's negative rate surprise shocked his own BOJ board, minutes show
Business|Economy|Finance|Stock Markets|Technology

AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price risk

By Max A.

AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price risk
Business|Economy|Finance|Technology|World

Japan manufacturers stay upbeat on chip demand, services hit by costs

Japanese manufacturers' sentiment remained relatively upbeat in July, supported by solid semiconductor demand, while confidence among non-manufacturers

Japan manufacturers stay upbeat on chip demand, services hit by costs
Crime|Economy|Finance|Political|US|World

Maine Democrats, rattled by Platner's downfall, protest fatal ICE shooting

As bewildered Maine Democrats face a deadline to replace Graham Platner after his U.S.

Maine Democrats, rattled by Platner's downfall, protest fatal ICE shooting
Business|Economy|World

The Trump team’s worst predictions about the Iran war

The Trump team’s worst predictions about the Iran war

The Trump team’s worst predictions about the Iran war
Americas|Crime|Economy|Education|Environment|Political|US|World

Federal appeals court ends a decades-old school desegregation order in Louisiana

A federal appeals court has ended more than 60 years of federal oversight of a Louisiana school system that had been ordered to eradicate segregation

Federal appeals court ends a decades-old school desegregation order in Louisiana
Economy|Environment|Health|World

Cuba plunged into 3rd nationwide blackout in 2 weeks as fuel runs low

Cuba is suffering another nationwide blackout, leaving the entire country without power

Cuba plunged into 3rd nationwide blackout in 2 weeks as fuel runs low
Business|Economy|Political|Science|Technology

White House launches AI cybersecurity clearinghouse

White House launches AI cybersecurity clearinghouse

White House launches AI cybersecurity clearinghouse
Economy|Election|US|World

Trump will speak on elections in primetime address after pushing debunked conspiracies

President Donald Trump will deliver a primetime address this week that he says will include a focus on elections

Trump will speak on elections in primetime address after pushing debunked conspiracies
Arts|Business|Economy|Entertainment

Writers Guild of America seeks to block Paramount's buyout of Warner in latest merger challenge

The Writers Guild of America has become the latest group to challenge Paramount’s $81 billion acquisition of Warner Bros

Writers Guild of America seeks to block Paramount's buyout of Warner in latest merger challenge
Business|Economy|Finance|Political|World

Iran appears to be preparing a major test of America’s blockade

Iran appears to be preparing a major test of America’s blockade

Iran appears to be preparing a major test of America’s blockade
Business|Economy|Finance|Stock Markets|US|World

Foreigners bought $132 billion of U.S. securities in May, Treasury says

Foreign investors bought a net $132 billion of U.S. securities in May, the Treasury Department said on Tuesday in its monthly Treasury International Capital

Foreigners bought $132 billion of U.S. securities in May, Treasury says
Business|Economy|Environment|Finance|Stock Markets

ARC shareholders approve $16.4 billion Shell takeover deal

ARC Resources said on Tuesday its shareholders have voted in favor of being acquired by Shell, clearing another step for one of this year's biggest energy sector deals.

ARC shareholders approve $16.4 billion Shell takeover deal
Asia|Business|Economy|Finance|Stock Markets|World

China's Q2 growth set to lose steam, stimulus to remain calibrated

China's economy likely cooled in the second quarter, with growth drifting toward the lower end of Beijing's annual target as an entrenched demand slump

China's Q2 growth set to lose steam, stimulus to remain calibrated
Business|Economy|Food|Health|Science

Yum's Taco Bell removes select items, says no confirmed link to US cyclosporiasis outbreak

Yum Brands' Taco Bell said on Tuesday it had removed limited items from some restaurants as a precaution but said U.S. health officials have not linked the widening outbreak of

Yum's Taco Bell removes select items, says no confirmed link to US cyclosporiasis outbreak
Business|Economy|Environment|Political|Science|World

Trump administration sued by environmental groups for rescinding definition of 'harm'

The Trump administration was sued on Tuesday by nine environmental groups that said its recent decision to rescind a more than 50-year-old definition of "harm"

Trump administration sued by environmental groups for rescinding definition of 'harm'
Business|Economy|Environment|Political|Science|Technology|World

Australia to establish government AI office, curb data centres' water use

Australia will create an office at the heart of the government to manage the development of artificial intelligence standards and force

Australia to establish government AI office, curb data centres' water use
Business|Economy|Finance|Stock Markets|US

Top Fed officials embrace cooler inflation reading, clamor for more

Top Federal Reserve officials on Tuesday welcomed fresh data showing consumer price inflation cooled last month, but said they would need more such readings to feel

Top Fed officials embrace cooler inflation reading, clamor for more
Arts|Business|Economy|Entertainment

Lionsgate Studios attracts takeover interest from Bollore, Banijay, sources say

Lionsgate Studios, the entertainment company behind the "Hunger Games" and "John Wick" franchises, is exploring a sale and has attracted takeover

Lionsgate Studios attracts takeover interest from Bollore, Banijay, sources say
Americas|Asia|Business|Economy|Europe|Science|Technology

Misuse of driver-assistance systems biggest risk to road safety, survey finds

Motorists' misuse of driver-assistance technology and drivers being distracted by in-vehicle features, rather than mechanical problems, are the biggest risks for

Misuse of driver-assistance systems biggest risk to road safety, survey finds
Business|Economy|Environment|Political|World

US drivers may soon see pump prices climb back up to $4

Americans could soon see gasoline prices top $4 a gallon again as renewed hostilities between the U.S. and Iran have pushed energy prices higher by

US drivers may soon see pump prices climb back up to $4
Business|Economy|Political|World

Trump touts 'tremendous chemistry' with new Iraqi Prime Minister al-Zaidi during White House visit

President Donald Trump has warmly welcomed new Iraqi Prime Minister Ali al-Zaidi to the White House

Trump touts 'tremendous chemistry' with new Iraqi Prime Minister al-Zaidi during White House visit
Business|Economy|Environment|Political|US|World

House passes bill to 'ditch the switch' and make daylight saving time permanent

There will be no turning back the clock if the House has its way

House passes bill to 'ditch the switch' and make daylight saving time permanent
Business|Economy|Education|Health

House passes bill to make Daylight Saving Time permanent

House passes bill to make Daylight Saving Time permanent

House passes bill to make Daylight Saving Time permanent
Business|Economy|Environment|Technology|World

Where authorities are restricting data centres amid AI boom

A growing number of governments, regulators and cities around the world are moving to freeze, restrict or ban new data centre construction, as concerns mount over electricity costs

Where authorities are restricting data centres amid AI boom
Business|Economy|Finance|Stock Markets|Technology

Wall Street banks see AI 'super cycle' set to boost deals, financing

A rush by technology companies to fund AI infrastructure is boosting dealmaking and financing activity for Wall Street,

Wall Street banks see AI 'super cycle' set to boost deals, financing
Business|Economy|Food|Health

PepsiCo's turnaround stutters as Americans rethink snacking

Americans built one of the world's great snacking cultures. Now PepsiCo is discovering just how fast that can shift.

PepsiCo's turnaround stutters as Americans rethink snacking
Business|Economy|Environment|World

Cuba's national electric grid collapses for the third time in July

Cuba's national power grid collapsed on Tuesday, the energy ministry said, marking the third major blackout in nine days on the island of about 10 million

Cuba's national electric grid collapses for the third time in July
Business|Crime|Economy|Finance|Technology|US

Warren Buffett cuts off donations to Gates Foundation following Epstein revelations

Warren Buffett has stopped donating to the Gates Foundation, ending a two-decade philanthropic partnership following revelations about interactions between

Warren Buffett cuts off donations to Gates Foundation following Epstein revelations
Business|Economy|Finance|Stock Markets|Technology

Lucid rejects take-private, bankruptcy report after shares plunge

Lucid Group on Tuesday denied as "completely false" a blog post saying it was considering a potential take-private transaction or a Chapter 11 bankruptcy filing, after the electric

Lucid rejects take-private, bankruptcy report after shares plunge
Business|Economy|Education|Finance|Sports|US

No. 1 pick Cholowsky agrees to a $10.35 million signing bonus with White Sox, AP source says

Roch Cholowsky has agreed to a contract with the Chicago White Sox that includes a record-breaking $10.35 million signing bonus after he was the No. 1 overall pick in last weekend’s amateur draft

No. 1 pick Cholowsky agrees to a $10.35 million signing bonus with White Sox, AP source says
Business|Crime|Economy|US|World

Dept of Justice launches new trade fraud enforcement unit

The Department of Justice said on Tuesday it is creating a new global trade enforcement section of its National Fraud Division to investigate and prosecute criminal import

Dept of Justice launches new trade fraud enforcement unit
Africa|Economy|Health|World

Nigeria to lead humanitarian response as UN support evolves, minister says

Nigeria plans to take on a bigger role in coordinating humanitarian responses inside the country, as it shifts away from a system led largely by international donors and U.N

Nigeria to lead humanitarian response as UN support evolves, minister says
Business|Economy|Technology|World

US derivatives regulator blocks Kalshi from canceling Michigan trades despite court order

The top U.S. derivatives regulator said on Tuesday it was blocking the prediction market platform Kalshi from cancelling trades in Michigan after a court there ordered

US derivatives regulator blocks Kalshi from canceling Michigan trades despite court order
Business|Crime|Economy|MidEast|Political|World

US military says it is launching more strikes against Iran

The U.S. military said on Tuesday it was launching more strikes against Iran. The strikes began Tuesday afternoon Eastern Time, the U.S.

US military says it is launching more strikes against Iran
Arts|Business|Economy|Entertainment|Finance|Stock Markets|US

Writers Guild sues to block Paramount deal, saying it would hurt writers

The Writers Guild of America sued on Tuesday to block Paramount's $110 billion acquisition of Warner Bros Discovery, saying the deal would

Writers Guild sues to block Paramount deal, saying it would hurt writers
Business|Economy|Political|US|World

US Russia sanctions bill eases threat of tariffs on China and India

U.S. senators on Tuesday unveiled an updated version of the Russia sanctions bill, championed by the late Senator Lindsey

US Russia sanctions bill eases threat of tariffs on China and India
Business|Economy|Finance|Political|Stock Markets|US|World

Stocks gain on softer inflation, bank results while oil rises on US-Iran hostilities

MSCI's global equities index rose on Tuesday after softer-than-expected U.S. inflation data and strong bank earnings, while oil

Stocks gain on softer inflation, bank results while oil rises on US-Iran hostilities
Business|Economy|Political|Technology|World

US to launch AI and cybersecurity coordination group, White House says

The U.S. will formally bring together AI developers and essential services providers to share information on cybersecurity vulnerabilities identified

US to launch AI and cybersecurity coordination group, White House says
Business|Economy|Finance|Political|Technology|World

US judge blocks Trump administration's visa limits for social media researchers

A federal judge on Tuesday blocked U.S.

US judge blocks Trump administration's visa limits for social media researchers
Economy|Political|World

Inside the 24-hour sprint to convince Trump to drop his plans to toll Strait of Hormuz

Inside the 24-hour sprint to convince Trump to drop his plans to toll Strait of Hormuz

Inside the 24-hour sprint to convince Trump to drop his plans to toll Strait of Hormuz
Business|Economy|Technology|World

US stocks rise after data shows slowing inflation, even as IBM plunges

Stocks rose after a report showed U.S. inflation was not as bad last month as economists expected

US stocks rise after data shows slowing inflation, even as IBM plunges
Business|Economy|Education|Environment|Europe|Finance|MidEast|Political|Stock Markets|US|World

Senate Democrats block $1 trillion defense bill in protest over Iran war

Senate Democrats have blocked a $1 trillion annual defense bill in protest of President Donald Trump’s war against Iran

Senate Democrats block $1 trillion defense bill in protest over Iran war
Business|Crime|Economy|Environment|Europe|World

Several dead in fire at Brussels construction site, authorities say

Several people have died in a fire at a construction site in Brussels on Tuesday, with a search for six missing persons ongoing, local authorities said.

Several dead in fire at Brussels construction site, authorities say
Business|Economy|Political|World

Senators unveil sweeping Russia sanctions bill, urge passage in honor of Graham

Senators unveil sweeping Russia sanctions bill, urge passage in honor of Graham

Senators unveil sweeping Russia sanctions bill, urge passage in honor of Graham
Economy|Finance|World

Bipartisan group of senators introduces legislation to avert looming Social Security shortfall

Lawmakers in the Senate have unveiled a bipartisan proposal to address Social Security's looming insolvency

Bipartisan group of senators introduces legislation to avert looming Social Security shortfall
Arts|Business|Economy|Education|Election|Entertainment|Environment|Finance|Health|Lifestyle|Technology|US|Videos

Subaru issues recall for 541,000 SUVs over label with incorrect weight rating

Subaru of America is recalling over 541,000 Crosstrek, Forester and Ascent vehicles in the U.S. due to an inaccurate label

Subaru issues recall for 541,000 SUVs over label with incorrect weight rating
Business|Economy|Finance|Political|US

Some questions that may come up during Fed chief Warsh's testimony to Congress

Federal Reserve Chairman Kevin Warsh heads to Capitol Hill on Tuesday to deliver his first congressional testimony since taking over as head of the U.S. central

Some questions that may come up during Fed chief Warsh's testimony to Congress
Business|Economy|Finance|Political|Stock Markets|US

Takeaways from Fed Chairman Kevin Warsh’s first congressional testimony

Takeaways from Fed Chairman Kevin Warsh’s first congressional testimony

Takeaways from Fed Chairman Kevin Warsh’s first congressional testimony
Asia|Economy|Political|World

ASEAN envoy meets Myanmar opposition groups in Thailand

ASEAN's special envoy on Myanmar held talks with ethnic minority rebel groups and a government-backed negotiation committee in an effort to tackle a civil war, with both sides

ASEAN envoy meets Myanmar opposition groups in Thailand
Business|Economy|Finance|World

South Korea central bank to raise rates for first time in over three years on July 16: Reuters poll

South Korea's central bank is expected to raise interest rates on Thursday for the first time in more than three years and deliver another increase by the

South Korea central bank to raise rates for first time in over three years on July 16: Reuters poll
Business|Economy|Health|Political|World

Indonesian free meals operators protest moratorium on new kitchens

Thousands of Indonesian free meals kitchens complained on Tuesday they had been left in the lurch by the government's move to scale down President Prabowo Subianto's

Indonesian free meals operators protest moratorium on new kitchens
Economy|Europe|Political|US|World

Can US Senator Lindsey Graham's Ukraine initiatives survive without him?

For Ukraine and its supporters, the sudden death of U.S.

Can US Senator Lindsey Graham's Ukraine initiatives survive without him?
Business|Economy|Finance|Stock Markets|US|World

US small-business sentiment rebounds in June, inflation a major worry for many

U.S. small-business sentiment increased in June, but the share of owners reporting that inflation was their "single most important" problem was the highest in nearly

US small-business sentiment rebounds in June, inflation a major worry for many
Economy|Education|Environment|Health|Political|Science

US schools, research advocates urge withdrawal of proposed rule on federal grants

Top U.S. universities and research advocates urged President Donald Trump's administration on Monday to withdraw a proposed rule on federal grants

US schools, research advocates urge withdrawal of proposed rule on federal grants
Business|Economy|Finance|World

Oil boils

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Oil boils again just as the June inflation report is set for release

Oil boils
Business|Economy|Education|Science|Technology

AI startup Reflection signs over $1 billion computing deal with Nebius

AI startup Reflection said on Tuesday it has signed a more than $1 billion deal to secure computing capacity from Nebius, including access to Nvidia's latest chips.

AI startup Reflection signs over $1 billion computing deal with Nebius
Business|Economy|Finance|Stock Markets|World

S&P 500 futures turn positive after June inflation data

S&P 500 futures turned positive on Tuesday, as a softer-than-expected inflation reading fueled bets on a less hawkish Federal Reserve.

S&P 500 futures turn positive after June inflation data
Arts|Business|Economy|Entertainment

US state officials fear Paramount-Warner deal will squeeze local movie theaters

July 14 - U.S. states suing to block Paramount’s merger with Warner Bros Discovery argue that the deal could squeeze local movie theaters, which are still struggling to sell as many tickets as they

US state officials fear Paramount-Warner deal will squeeze local movie theaters
Business|Economy|Finance|World

KPMG Australia to cut hundreds of jobs and reduce partner pay, AFR reports

KPMG's embattled Australia consultancy business is preparing to cut hundreds of jobs and reduce partner pay by as much as a fifth, the Australian Financial Review reported on

KPMG Australia to cut hundreds of jobs and reduce partner pay, AFR reports
Business|Economy|Technology

AI finance startup Flex doubles valuation to about $1.2 billion, source says

Flex, an AI startup pitching itself as a one-stop shop for the banking needs of mid-sized business owners, said it raised $70 million in a round led by Halo Fund, a

AI finance startup Flex doubles valuation to about $1.2 billion, source says
Business|Economy|Environment|Europe|Finance|Stock Markets|World

BP sees boost from energy prices in second quarter but flags $1 billion impairment

BP expects stronger oil and gas prices, robust oil trading and higher refining margins to lift second-quarter

BP sees boost from energy prices in second quarter but flags $1 billion impairment
Business|Economy|Europe|Political|World

Russia accuses Ukraine of terrorism in Sea of Azov as Kyiv opens new front in war

Russia on Tuesday accused Ukraine of terrorism over its escalating attacks on shipping in the Sea of Azov, a route that handles about a quarter of its grain exports.

Russia accuses Ukraine of terrorism in Sea of Azov as Kyiv opens new front in war
Business|Economy|Environment|World

Chemical tanker Stolt Magnesium hit by explosion off Omani coast, manager says

The chemical tanker Stolt Magnesium caught fire on Tuesday following the "explosion of an unidentified external device" as it was sailing in the Arabian Sea off the coast

Chemical tanker Stolt Magnesium hit by explosion off Omani coast, manager says
Business|Economy|Science|Technology|Travel

Frontier joins airlines betting on Starlink to lure travelers

Frontier Airlines said on Tuesday it will launch in-flight Wi-Fi using SpaceX's Starlink satellite internet and start installing it across its fleet in early 2027.

Frontier joins airlines betting on Starlink to lure travelers
Business|Economy|Finance|Stock Markets|US

BofA rides market whiplash to trading records, deal activity shines

Bank of America exceeded Wall Street estimates for second-quarter profit on Tuesday, as global market chaos fueled record trading, while a

BofA rides market whiplash to trading records, deal activity shines
Economy|World

After Hormuz, Iran turns to Red Sea gateway as new pressure point

Having choked off shipping through the Strait of Hormuz, Iran is now signaling it could play its most dangerous card yet: using Yemen's Houthi allies to

After Hormuz, Iran turns to Red Sea gateway as new pressure point
Africa|Economy|Political|World

Former president Sall to visit Senegal as he campaigns for UN chief post

Former Senegalese President Macky Sall will travel to Senegal on Friday, his first public visit to the country since leaving office as he campaigns for the post of U.N.

Former president Sall to visit Senegal as he campaigns for UN chief post
Business|Economy|Finance|Stock Markets|US|World

S&P 500 and Nasdaq open higher as CPI, bank earnings take focus

The S&P 500 and the Nasdaq opened higher on Tuesday after softer-than-expected inflation data fueled bets that the Federal Reserve could take a less hawkish stance on interest

S&P 500 and Nasdaq open higher as CPI, bank earnings take focus
Business|Economy|Finance|Stock Markets|World

Traders expect Fed to skip July rate hike as inflation cools

Federal Reserve policymakers are far more likely to wait to increase interest rates than to do so later this month, traders bet on Tuesday, after a government report

Traders expect Fed to skip July rate hike as inflation cools
Business|Economy|Political|World

Trump drops 20% fee plan for Hormuz Strait in favor of deals with Gulf states

U.S.

Trump drops 20% fee plan for Hormuz Strait in favor of deals with Gulf states
Business|Economy|Europe|Political|World

Ukraine to buy Rafale jets, air defence systems under France deal

Ukraine will use a European loan facility to buy next-generation Franco-Italian air defence systems and French Rafale fighter jets for the first time, while also securing

Ukraine to buy Rafale jets, air defence systems under France deal
Business|Economy|Finance|Stock Markets|World

CPI comes in cool, soothing markets

U.S. consumer inflation slowed more than expected in June, easing anxiety in markets that have been edgy about the prospect of price pressures forcing Federal Reserve

CPI comes in cool, soothing markets
Business|Economy|Finance|Stock Markets|Technology

Uber in advanced talks on Delivery Hero takeover, Bloomberg News reports

Uber Technologies is in advanced talks to acquire German food-delivery company Delivery Hero, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Uber in advanced talks on Delivery Hero takeover, Bloomberg News reports
Business|Economy|Finance|Science|Stock Markets|Technology

China's DeepSeek considers raising more funds, reports say

Chinese AI startup DeepSeek is weighing raising new funds one month after closing its first round and has begun preparations for an initial public offering, according to media

China's DeepSeek considers raising more funds, reports say
Business|Economy|Technology|World

ZTE among Chinese firms licensed to purchase Nvidia's H200 chips, documents show

A unit of telecoms gear maker ZTE Corp and two other Chinese firms are among the latest entities to receive U.S. approval to purchase advanced AI chips from Nvidia and AMD,

ZTE among Chinese firms licensed to purchase Nvidia's H200 chips, documents show
Business|Economy|Finance|Stock Markets

Perpetuals.com ends acquisition talks with Trump-linked crypto firm

Perpetuals.com, a global fintech company, has discontinued discussions to potentially acquire part of a business closely affiliated with World

Perpetuals.com ends acquisition talks with Trump-linked crypto firm
Business|Economy|Finance|Political|World

BoE's Bailey says fresh Gulf clashes make outlook more unstable

Bank of England Governor Andrew Bailey said on Tuesday he was concerned about the resumption of hostilities between the United States

BoE's Bailey says fresh Gulf clashes make outlook more unstable
Business|Economy|Finance|Stock Markets|World

Thomson Reuters to sell 51% stake in global print business to KKR for $500 million

Thomson Reuters said it would sell a 51% stake in its Global Print business to KKR for about $500 million and form a venture with the private equity firm that would hold exclusive

Thomson Reuters to sell 51% stake in global print business to KKR for $500 million
Africa|Economy|Environment|Health|Political|World

Sudan risks deeper hunger crisis due to war, aid cuts and Hormuz disruption, says WFP

Sudan risks sliding backwards into deeper hunger as conflict, aid funding cuts and rising agricultural costs driven by disruption linked to the Iran

Sudan risks deeper hunger crisis due to war, aid cuts and Hormuz disruption, says WFP
Business|Economy|Finance|Stock Markets|Technology

Data center firm Switch taps banks for IPO that could value it up to $80 billion, sources say

Data center operator Switch has hired investment banks for an initial public offering that could raise up to $10 billion as soon as the fourth quarter,

Data center firm Switch taps banks for IPO that could value it up to $80 billion, sources say
Business|Economy|Finance|World

Dollar slips after soft US inflation data

The dollar weakened against major currency peers on Tuesday after softer-than-expected U.S. inflation in June tempered expectations for U.S.

Dollar slips after soft US inflation data
Business|Economy|Finance|Stock Markets|US

Wells Fargo beats profit on trading boom, loan growth 

Wells Fargo beat Wall Street estimates for quarterly profit, boosted by strong investment banking fees and as it doled out more loans after

Wells Fargo beats profit on trading boom, loan growth 
Business|Economy|Technology|World

Boeing records highest first-half deliveries since 2018

Boeing said Tuesday that it delivered 64 jetliners in June, compared to 60 the previous month and in June 2025. 

Boeing records highest first-half deliveries since 2018
Business|Economy|Finance|World

Fed's 'ample reserves' approach is a focus of Warsh's balance sheet review

The way the Federal Reserve has conducted U.S. interest rate policy for almost two decades is up for review by one of the task forces

Fed's 'ample reserves' approach is a focus of Warsh's balance sheet review
Business|Economy|Finance|Stock Markets|US

JPMorgan's Dimon says CEO succession timetable unchanged after latest executive shuffle

JPMorgan's Jamie Dimon said on Tuesday that the timetable for his departure as CEO remained unchanged, in response to an analyst's question about the

JPMorgan's Dimon says CEO succession timetable unchanged after latest executive shuffle
Business|Economy|Technology

IBM warns AI boom squeezing software budgets; shares sink in sector rout

IBM said it had "faltered" in keeping pace with a shift in corporate spending from software to data-center infrastructure and would take

IBM warns AI boom squeezing software budgets; shares sink in sector rout
Business|Economy|Health|Technology|World

Meta used AI to target workers with medical conditions for layoffs, lawsuit claims

Twenty-six employees of Meta Platforms have filed a novel lawsuit accusing the tech giant of using AI-powered software that disproportionately targeted people

Meta used AI to target workers with medical conditions for layoffs, lawsuit claims
Business|Economy|Finance|Stock Markets|World

S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings

The S&P 500 and the Nasdaq advanced on Tuesday as solid big bank results and a cooler-than-expected inflation report boosted risk appetite

S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
Economy|Europe|Political|World

Ukraine's prime minister steps down; Zelenskiy's critics see little point

Ukraine's parliament accepted the resignation on Tuesday of Prime Minister Yulia Svyrydenko after just a year in office, despite complaints from lawmakers that

Ukraine's prime minister steps down; Zelenskiy's critics see little point
Business|Economy|Environment|World

Brent oil structure changes to reflect mounting supply risk as Iran tensions flare

The price of Brent crude oil futures for prompt delivery rose on Tuesday to a one-month high over the price for oil six months later as traders priced in

Brent oil structure changes to reflect mounting supply risk as Iran tensions flare
Business|Economy|Finance|Stock Markets|World

Goldman Sachs profit tops estimates on trading boom, corporate deal spree

Goldman Sachs exceeded second-quarter profit expectations as dealmaking picked up and market volatility amid the U.S.-Iran war boosted

Goldman Sachs profit tops estimates on trading boom, corporate deal spree
Business|Economy|Political|World

Trump says US will be doing a lot of deals with Iraq, taking a lot of oil out

President Donald Trump on Tuesday told reporters ahead of a meeting with Iraqi Prime Minister Ali al-Zaidi that the United States would be doing a lot of deals with

Trump says US will be doing a lot of deals with Iraq, taking a lot of oil out
Business|Economy|Europe|Technology

Delivery Hero confirms negotiations on possible acquisition by Uber

Delivery Hero confirmed on Tuesday that advanced negotiations were taking place with Uber Technologies on a takeover of the German food delivery company.

Delivery Hero confirms negotiations on possible acquisition by Uber
Business|Economy|Finance|Political|Stock Markets|US

Fed's Warsh: Committed to both inflation and employment mandates

Federal Reserve Chairman Kevin Warsh on Tuesday said he is just as committed to the Fed's employment mandate as he is to the inflation mandate that he has repeatedly emphasized

Fed's Warsh: Committed to both inflation and employment mandates
Business|Economy|Finance|Stock Markets|World

Banks rake in big profits as both Wall Street and the US consumer stay strong

Five of the biggest U.S. banks reported record profits on Tuesday, boosted by their trading desks and a remarkably resilient American consumer amid persistent global economic uncertainty

Banks rake in big profits as both Wall Street and the US consumer stay strong
Business|Economy|Finance|Stock Markets|US

JPMorgan posts highest quarterly profit ever by a U.S. bank as dealmaking, stock trading surge

JPMorgan Chase reported a record profit for the second quarter on Tuesday, the highest ever posted by a U.S. bank in a quarter, according to LSEG

JPMorgan posts highest quarterly profit ever by a U.S. bank as dealmaking, stock trading surge
Business|Crime|Economy|Political|World

Key witness in US probe of Turkey's Halkbank avoids prison time

A key cooperating witness in the U.S. government's criminal investigation into Turkish state-run lender Halkbank's alleged role in helping Iran evade

Key witness in US probe of Turkey's Halkbank avoids prison time
Business|Economy|Environment|Finance|Stock Markets|Technology|US|World

Inflation cools more than expected in June as gas costs fall, underlying prices ease

U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also slowed more than expected

Inflation cools more than expected in June as gas costs fall, underlying prices ease
Business|Economy|Europe|Technology

Delivery Hero confirms advanced negotiations with Uber over potential takeover offer

Delivery Hero said on Tuesday it was in advanced negotiations with Uber Technologies regarding a potential takeover offer, confirming earlier media reports that the U.S. ride-

Delivery Hero confirms advanced negotiations with Uber over potential takeover offer
Business|Economy|World

US consumer inflation moderates; upside risks remain amid renewed Middle East conflict

U.S. consumer inflation slowed more than expected in June as energy prices retreated, but the moderation was insufficient to convince financial

US consumer inflation moderates; upside risks remain amid renewed Middle East conflict
Economy|MidEast|Political|US|World

Trump says no one should be able to charge a fee for the Strait of Hormuz

U.S. President Donald Trump on Tuesday said he did not think anybody should be able to charge a fee for ships transiting the Strait of Hormuz.

Trump says no one should be able to charge a fee for the Strait of Hormuz
Business|Economy|Science|Technology|World

UK banks' lack of Mythos access a wake-up call, says government AI adviser

UK banks' inability to access Anthropic's powerful AI model Mythos emphasises the urgent need for Britain to build its own AI capabilities and adopt a more

UK banks' lack of Mythos access a wake-up call, says government AI adviser
Business|Crime|Economy|Finance|Stock Markets|US|World

Buffett omits gift to Bill Gates' foundation after Microsoft cofounder's Epstein ties disclosed

Billionaire Warren Buffett omitted Bill Gates′ foundation from his annual donations this year after disclosures of the Microsoft co-founder’s ties to convicted sex offender Jeffrey Epstein

Buffett omits gift to Bill Gates' foundation after Microsoft cofounder's Epstein ties disclosed
Business|Economy|Finance|World

JPMorgan's Dimon says regulators should not set 'false' capital requirements

U.S. bank regulators should not set capital requirements in an artificially high way, JPMorgan Chase CEO Jamie Dimon said Tuesday, intensifying his

JPMorgan's Dimon says regulators should not set 'false' capital requirements
Business|Economy|Finance|Stock Markets|World

Citi shares fall as investor worry over expenses overshadows second-quarter profit beat

Citigroup beat Wall Street estimates as it reported surging trading revenues but its stock slid as investors worried about potentially worse

Citi shares fall as investor worry over expenses overshadows second-quarter profit beat
Business|Crime|Economy|Education|Election|Finance|Health|Political|US

Wyden alleges RFK Jr. broke the law in calls urging Libertarians to quit Iowa races

Senator Ron Wyden has accused Health Secretary Robert F. Kennedy Jr. of breaking the law by urging third-party candidates to drop out of Iowa congressional races

Wyden alleges RFK Jr. broke the law in calls urging Libertarians to quit Iowa races
Business|Economy|Education|Finance|Health|Political

Trump administration ends attempt to freeze $10B in federal funds for blue states

Trump administration ends attempt to freeze $10B in federal funds for blue states

Trump administration ends attempt to freeze $10B in federal funds for blue states
Business|Economy|Environment

Trump cuts to clean energy linked to $83 billion in delayed or canceled projects

Trump administration policies that scaled back federal support for clean energy have led to the cancellation or delay of $83 billion in

Trump cuts to clean energy linked to $83 billion in delayed or canceled projects
Business|Economy|Environment|Technology

New York becomes the first state to impose a data center moratorium

New York became the first U.S. state on Tuesday to halt construction of large new data centers, imposing a one-year moratorium as concerns grow that the facilities

New York becomes the first state to impose a data center moratorium
Business|Economy|Finance|Stock Markets|World

Wall Street bank earnings surge, lifted by trading and investment banking

Wall Street bank earnings powered ahead in the second quarter with a strong lift from fees for advising on mergers and

Wall Street bank earnings surge, lifted by trading and investment banking
Business|Economy|Finance|Political|Stock Markets|World

Fed chief Warsh vows to 'do my job' if challenged by Trump

U.S.

Fed chief Warsh vows to 'do my job' if challenged by Trump
Business|Economy|World

Oil prices rise 2% to one-month high as US-Iran attacks deepen supply disruption

Oil prices climbed about 2% to a one-month high on Tuesday after the U.S. reimposed a naval blockade on Iran, which will reduce oil flows from the region through

Oil prices rise 2% to one-month high as US-Iran attacks deepen supply disruption
Business|Economy|Finance|Health|World

CVS settles with FTC, agrees to count TrumpRx drug purchases towards insurance

CVS Health's Caremark has finalized a settlement with the U.S.

CVS settles with FTC, agrees to count TrumpRx drug purchases towards insurance
Business|Economy|Political|World

Tracking traffic in the Strait of Hormuz, in maps and charts

Tracking traffic in the Strait of Hormuz, in maps and charts

Tracking traffic in the Strait of Hormuz, in maps and charts
Economy|Environment|Science|Technology

New York won't build big data centers for a year as it weighs energy and climate risks

New York is blocking new large data centers that fuel artificial intelligence for up to a year to protect the environment and energy grid

New York won't build big data centers for a year as it weighs energy and climate risks
Arts|Business|Economy|Entertainment|Sports

Baseball union head criticizes MLB salary cap ad campaign, says claims of economic woe are perverse

The head of baseball's players' union criticized management for its salary cap campaign

Baseball union head criticizes MLB salary cap ad campaign, says claims of economic woe are perverse
Business|Economy|Finance|Political|Stock Markets|World

Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move

Federal Reserve Chair Kevin Warsh pledged to make high inflation “a thing of the past” in his first congressional testimony Tuesday, yet provided no signal about the central bank’s next steps

Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move
Business|Crime|Economy|Political|World

Trump task force uncovers more than $1 billion in trade fraud

Trump task force uncovers more than $1 billion in trade fraud

Trump task force uncovers more than $1 billion in trade fraud
Business|Crime|Economy|Finance|Stock Markets|US

Warren Buffett drops Gates Foundation from his annual donations

Warren Buffett drops Gates Foundation from his annual donations

Warren Buffett drops Gates Foundation from his annual donations
Business|Economy|Environment|Finance|Stock Markets|US|World

Tracking oil prices and US gas prices amid Iran conflict

Tracking oil prices and US gas prices amid Iran conflict

Tracking oil prices and US gas prices amid Iran conflict
Business|Economy|Finance|Stock Markets|Technology

IBM is on pace for its worst day ever

IBM is on pace for its worst day ever

IBM is on pace for its worst day ever
Business|Economy|Education|Environment|Science|Technology

Building a long-term base on the Moon will require extensive planning – a planetary geologist describes the considerations that go into it

A lunar base could allow for research, economic activities and lunar mining. Such an operation has potential benefits, but lots of challenges await NASA.

Building a long-term base on the Moon will require extensive planning – a planetary geologist describes the considerations that go into it
Economy|Environment|Europe|Finance|MidEast|Stock Markets|World

Fed in the spotlight as Warsh faces Congress

A look at the day ahead in European and global markets from Gregor Stuart Hunter Asian markets are crumbling and Brent Crude is bubbling around $85 per barrel as U.S.

Fed in the spotlight as Warsh faces Congress
Africa|Business|Economy|Technology

A hidden pipeline brings Amazon and Walmart to African shoppers

No bank card? No address? No problem.

A hidden pipeline brings Amazon and Walmart to African shoppers
Business|Economy|Finance|Stock Markets|World

Global investors turn most bullish since February, BofA survey shows

Global investor sentiment has climbed to its strongest level since February, with fund managers growing more optimistic on the economic outlook, artificial intelligence-

Global investors turn most bullish since February, BofA survey shows
Business|Economy|World

China tells some banks not to re-discount bills at rates below 0.5%, sources say

Chinese regulators have issued guidance to some banks barring them from conducting bill re-discount operations at rates below 0.5%, sources said on Tuesday, as regulators move to

China tells some banks not to re-discount bills at rates below 0.5%, sources say
Australia|Business|Economy|World

BHP workers to proceed with strike after talks fail, union says

Hundreds of workers at BHP's Port Hedland iron ore operations are set to down tools on Thursday after workers and their elected representatives did not reach agreement

BHP workers to proceed with strike after talks fail, union says