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

Economy

Business|Economy|Europe|Political|World

UK nationalizes Chinese-owned British Steel to protect nation's steelmaking capacity

The U.K. government has nationalized British Steel to protect the nation’s steelmaking capacity

UK nationalizes Chinese-owned British Steel to protect nation's steelmaking capacity
Business|Economy|Europe|World

Azerbaijan at 'real peace' with Armenia but wants it to change constitution

Azerbaijan and Armenia are at "real peace" and rebuilding trade links after decades of conflict, a senior Azerbaijani official told Reuters,

Azerbaijan at 'real peace' with Armenia but wants it to change constitution
Business|Economy|Finance|Stock Markets|Technology

TSMC Q2 profit jumps 77% to record, far surpasses expectations

TSMC, the world's largest contract chipmaker, posted a 77% jump in second-quarter net profit on Thursday, beating market forecasts and hitting a record, riding the wave of

TSMC Q2 profit jumps 77% to record, far surpasses expectations
Business|Economy|Science|Technology

SpaceX selloff an ominous sign as lockup expiry looms

The dip in SpaceX's shares below its blockbuster IPO price of $135 a share is an ominous sign for Elon Musk's internet and rocket company as it faces more

SpaceX selloff an ominous sign as lockup expiry looms
Business|Economy|Europe|World

Iran war leaves crisis-weary European airlines ready for a shakeout

As renewed conflict in the Gulf drives up oil prices, airline investors and industry executives see mounting signs

Iran war leaves crisis-weary European airlines ready for a shakeout
Business|Economy|Finance|Technology|World

Britain's Ocado shares hit 13-year low on lack of progress on winning new US partners

Shares in British technology and online grocery group Ocado tumbled to a 13-year low on Thursday after it failed to show tangible progress in talks to secure

Britain's Ocado shares hit 13-year low on lack of progress on winning new US partners
Business|Economy|Europe|World

UK economy claws back some growth as Burnham prepares to take power

Britain's economy eked out minimal growth in May as the services industry expanded but other sectors shrank, suggesting fragile

UK economy claws back some growth as Burnham prepares to take power
Business|Crime|Economy|Education|Health|Lifestyle|Political

Officer resigns after video shows takedown of wrong teen that left him with broken arm

Officer resigns after video shows takedown of wrong teen that left him with broken arm

Officer resigns after video shows takedown of wrong teen that left him with broken arm
Business|Economy|Environment|Health|Political|World

Trump is taking longer to approve disaster aid and denying Democratic states more frequently

Americans are waiting longer for disaster aid under President Donald Trump, with delays often lasting weeks or months

Trump is taking longer to approve disaster aid and denying Democratic states more frequently
Business|Economy|Political|World

US launches new wave of strikes against Iran, military says

The U.S. began conducting a new wave of strikes against Iran on Thursday at 2 p.m. ET (1800 GMT) to "further degrade Iranian military capabilities," U.S.

US launches new wave of strikes against Iran, military says
Business|Economy|Science|Technology|World

China's Xi to outline AI diplomacy vision at key Shanghai forum

Chinese President Xi Jinping is expected to outline an ambitious vision for China's role in global AI governance at a forum on Friday, as Huawei showcases

China's Xi to outline AI diplomacy vision at key Shanghai forum
Business|Crime|Economy|World

Ex-Federal Reserve adviser sentenced to prison for lying about China ties

A former senior adviser to the U.S.

Ex-Federal Reserve adviser sentenced to prison for lying about China ties
Business|Economy|Science|Technology

Hyundai Motor Group to own Boston Dynamics in full with SoftBank stake buy

Hyundai Motor Group on Thursday disclosed that it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring

Hyundai Motor Group to own Boston Dynamics in full with SoftBank stake buy
Asia|Business|Economy|Environment|World

Fewer vessels travel through Hormuz after US resumes blockade

Fewer vessels travelled through the Strait of Hormuz on Wednesday, the first day after the U.S. reimposed its naval blockade on Iranian ports with both countries

Fewer vessels travel through Hormuz after US resumes blockade
Asia|Business|Economy|World

BOK hikes rates for first time in 3-1/2 years, signals more

South Korea's central bank raised its benchmark interest rate for the first time in three-and-a-half years on Thursday and flagged more to come

BOK hikes rates for first time in 3-1/2 years, signals more
Business|Economy|Finance|Stock Markets|Technology|World

This AI, it will make a profit, right?

A look at the day ahead in European and global markets from Stella Qiu The monstrous rally in Asian chipmakers this year is hitting a rocky patch.

This AI, it will make a profit, right?
Business|Economy|World

Japan household inflation expectations rise, build case for BOJ rate hikes

Japanese households' inflation expectations crept up and the ratio of those expecting prices to rise a year from now hit a record high, a quarterly central

Japan household inflation expectations rise, build case for BOJ rate hikes
Asia|Business|Economy|World

China's record consumer defaults undermine Beijing's push to boost spending

Jack Chen has never defaulted on a loan since he began borrowing to cover expenses during his internship days, but his credit report now carries a red flag because of his

China's record consumer defaults undermine Beijing's push to boost spending
Economy|Environment|Science|Technology|World

China's rare earth curbs endanger $6.5 trillion of Western industry, IEA says

The full implementation of China's rare earth export restrictions could put $6.5 trillion of downstream production outside the country at risk, the International Energy

China's rare earth curbs endanger $6.5 trillion of Western industry, IEA says
Business|Economy|Environment|Political|World

US launches multiple strikes on Iran, which retaliates against US targets in region

The U.S. launched two waves of attacks on Iran's coastal defenses and missile sites on Wednesday after reimposing a naval

US launches multiple strikes on Iran, which retaliates against US targets in region
Business|Economy|Environment|Travel|World

New Zealand, Fiji renew five-year partnership

New Zealand and Fiji signed a renewed five-year Duavata Partnership on Thursday, setting out cooperation priorities for 2026 to 2030 across trade, security, democracy,

New Zealand, Fiji renew five-year partnership
Business|Economy|Election|Finance|Political

Top officials in Arizona's Maricopa County agree on how to oversee elections, ending a legal battle

Election officials in Arizona's most populous county now agree on how to jointly oversee the vote

Top officials in Arizona's Maricopa County agree on how to oversee elections, ending a legal battle
Business|Economy|Finance|Stock Markets|World

BOJ may face pressure to ramp up bond-buying if yields spike, ex-central bank policymaker says

The Bank of Japan may face political pressure to ramp up bond buying if the benchmark 10-year yield breaks above the key 3% threshold and puts Premier Sanae

BOJ may face pressure to ramp up bond-buying if yields spike, ex-central bank policymaker says
Crime|Economy|Environment|Travel|World

Search suspended for 3 missing after boat with family spreading ashes capsizes on San Francisco Bay

U.S. Coast Guard crews have suspended their search for three people missing after a boat sank in San Francisco Bay near Alcatraz Island

Search suspended for 3 missing after boat with family spreading ashes capsizes on San Francisco Bay
Business|Economy|Science|Technology|World

JPMorgan CEO Dimon says Anthropic's Mythos AI risks are a 'real issue'

JPMorgan Chase CEO Jamie Dimon said on Wednesday that risks posed by Anthropic's Mythos AI model are a "real issue" that the U.S. government is on top of, underscoring concerns

JPMorgan CEO Dimon says Anthropic's Mythos AI risks are a 'real issue'
Economy|Political|World

China and Xi are seen more favorably than the US and Trump in many nations, new survey says

The world has largely viewed the U.S. more favorably than China for years, but those opinions now have flipped in Beijing’s favor

China and Xi are seen more favorably than the US and Trump in many nations, new survey says
Business|Crime|Economy|Environment|Science|Technology

Tesla driver accelerated into house in fatal Texas crash, NTSB says

The driver of a Tesla Model 3 that killed a 76-year-old woman when it ploughed into her home at high speed in Katy, Texas in June had overridden the

Tesla driver accelerated into house in fatal Texas crash, NTSB says
Business|Economy|Finance|Stock Markets

As Fed Chair Warsh sticks to policy silence, colleagues voice their views

Federal Reserve Chairman Kevin Warsh this week declared his determination to bring inflation down without hinting at how, even as colleagues publicly laid out their

As Fed Chair Warsh sticks to policy silence, colleagues voice their views
Business|Economy|Europe|MidEast|World

Airbus in talks to sell jets to Flynas, sources say

Airbus is in talks to sell more of its A330neo widebody aircraft to Saudi low-cost carrier Flynas, with an announcement possible as early as next week's Farnborough Airshow,

Airbus in talks to sell jets to Flynas, sources say
Asia|Business|Economy|Finance|Stock Markets

Nearly half of Japanese firms hurt by BOJ interest rate hikes - Reuters poll

Nearly half of Japanese firms are experiencing negative business impact from the Bank of Japan's interest rate hikes, with higher borrowing costs hurting

Nearly half of Japanese firms hurt by BOJ interest rate hikes - Reuters poll
Business|Economy|Finance|World

New UK PM faces $440 billion fiscal problem, think tank says

Britain's public finances are losing around £330 billion ($442 billion) a year due to weak economic growth, population ageing and ill health, according to estimates from a

New UK PM faces $440 billion fiscal problem, think tank says
Business|Economy|Environment|US|World

Flooding forces evacuations in parts of South Texas as slow-moving storms swamp the region

The Texas Parks and Wildlife Department says more than 40 people have been rescued from high waters as heavy downpours drenching South Texas continue to raise the risk of flash flooding

Flooding forces evacuations in parts of South Texas as slow-moving storms swamp the region
Business|Economy|Finance|US

US Mint will produce $1 coin with Trump's image, Treasury Secretary says

The U.S.

US Mint will produce $1 coin with Trump's image, Treasury Secretary says
Business|Economy|Finance|Stock Markets|Technology

SpaceX shares slide below IPO price for the first time as blistering rally unravels

SpaceX shares dropped below their initial public offering price for the first time on Wednesday before closing just above that

SpaceX shares slide below IPO price for the first time as blistering rally unravels
Business|Economy|Science|Technology

US aviation industry urges Congress to provide $20 billion for air traffic control upgrades

The U.S. aviation sector urged Congress on Wednesday to provide $20 billion to complete a massive effort ​to modernize America's aging air traffic

US aviation industry urges Congress to provide $20 billion for air traffic control upgrades
Business|Economy|Environment|Political|US|World

US Senate undecided on bill to make daylight saving time permanent

The U.S.

US Senate undecided on bill to make daylight saving time permanent
Business|Economy|Environment|Political|World

Fujimori's mining push could spur unrest in Peru, study says

Peru's President-elect Keiko Fujimori could face new protests in mining areas as her government tries to spearhead large copper and other mining projects that

Fujimori's mining push could spur unrest in Peru, study says
Economy|Political|World

US House defeats bid to cut off Israel aid in vote dividing Democrats

The U.S.

US House defeats bid to cut off Israel aid in vote dividing Democrats
Business|Crime|Economy|Finance|World

Lawmakers cast doubt on Kathryn Ruemmler's testimony about Epstein ties

Goldman Sachs’ former top lawyer Kathryn Ruemmler is facing skepticism from lawmakers as she testifies about her ties to Jeffrey Epstein

Lawmakers cast doubt on Kathryn Ruemmler's testimony about Epstein ties
Business|Economy|Finance|US|World

US Mint produces a $1 coin bearing Trump's face to help celebrate America’s 250th birthday

The U.S. Mint has started producing a new $1 coin featuring President Donald Trump to help celebrate America’s 250th birthday

US Mint produces a $1 coin bearing Trump's face to help celebrate America’s 250th birthday
Business|Economy|Political|World

Trump drifts into campaign topics while addressing defense technology gathering

President Donald Trump has addressed a defense summit at the U.S. Army War College, but he focused more on political themes than battlefield issues

Trump drifts into campaign topics while addressing defense technology gathering
Business|Economy|Finance|Stock Markets|US

Wall Street banks enjoy record windfalls from prime brokerage business

Wall Street's prime brokerage engine is humming and delivering handsome gains for the largest U.S. banks. 

Wall Street banks enjoy record windfalls from prime brokerage business
Business|Economy|Finance|World

OECD says global minimum tax boosted revenue, not job losses

(Corrects date in the first sentence to Wednesday not Tuesday.)

OECD says global minimum tax boosted revenue, not job losses
Business|Economy|Finance|Technology|World

Busiest US container port sets cargo record in June

The Port of Los Angeles, the busiest U.S. container seaport, said on Wednesday it set a June cargo record as shippers ranging from retailers to data

Busiest US container port sets cargo record in June
Business|Economy|Finance|Stock Markets|US

Wall St ends higher on cool inflation data, strong earnings

Wall Street stocks gained ground on Wednesday as softening inflation data and a robust beginning of second-quarter earnings season put

Wall St ends higher on cool inflation data, strong earnings
Business|Economy|Technology|World

Airbus, Boeing fly parts on giant Antonov jet to ease supply snags

Airbus and Boeing have in recent weeks chartered one of the world's largest cargo planes to speed up shipments of aerostructures for some civil

Airbus, Boeing fly parts on giant Antonov jet to ease supply snags
Business|Economy|Finance|Stock Markets|US

United warns of nearly $6 billion fuel hit as oil-price surge weighs on outlook

United Airlines said on Wednesday it expected nearly $6 billion in additional fuel expense this year compared with what it estimated at the start of

United warns of nearly $6 billion fuel hit as oil-price surge weighs on outlook
Economy|Europe|Political|US|World

Concerns grow about tariffs in US sanctions bill on Russia

Potential tariffs in a U.S. bill imposing sanctions on Russia drew concern from Democratic lawmakers on Wednesday who said it

Concerns grow about tariffs in US sanctions bill on Russia
Asia|Business|Economy|Finance|Stock Markets|US|World

US stocks rise within 0.5% of their record, even as oil prices keep climbing

U.S. stocks ticked higher following strong profit reports from big companies

US stocks rise within 0.5% of their record, even as oil prices keep climbing
Business|Economy|Finance|World

Warren Buffett explains why his kids, not the Gates Foundation, will now give away all his fortune

Billionaire Warren Buffett says his decision to cut the Gates Foundation out of his charitable giving is more about believing his three kids are ready to handle giving away his entire fortune than it is about Bill Gates’ ties to convicted sex offender Jeffrey Epstein

Warren Buffett explains why his kids, not the Gates Foundation, will now give away all his fortune
Business|Economy|Travel

An empty middle seat is the latest perk United Airlines will offer on some flights

United Airlines is trying to attract flyers with another luxury: an empty middle seat

An empty middle seat is the latest perk United Airlines will offer on some flights
Arts|Business|Economy|Entertainment|Finance|Political|Technology

US agency to vote to end 39% local TV station ownership cap

The chair of the Federal Communications Commission said Wednesday the agency will vote to rescind the 85-year-old rule that bars broadcasters from

US agency to vote to end 39% local TV station ownership cap
Business|Economy|Political|Technology|World

Trump criticizes New York data center moratorium

U.S.

Trump criticizes New York data center moratorium
Business|Economy|Finance|Political|World

Outgoing Trump watchdog faces Democrat fire over handling of consumer agency

Russell Vought, President Donald Trump's outgoing interim consumer finance watchdog, on Wednesday sparred with congressional Democrats over his

Outgoing Trump watchdog faces Democrat fire over handling of consumer agency
Business|Economy

Brazil government now expects 2026 inflation to be above central bank's target

Brazil's government raised its inflation forecast for this year to 5.1% on Wednesday from 4.5% projected in May, putting consumer prices above the central bank's target

Brazil government now expects 2026 inflation to be above central bank's target
Business|Economy|Technology

Amazon AWS executive and CEO advisor Dave Brown to leave after 19 years

Amazon veteran Dave Brown, a senior vice president in Amazon Web Services and member of the elite internal group advising CEO Andy Jassy, is

Amazon AWS executive and CEO advisor Dave Brown to leave after 19 years
Business|Economy|World

Economic activity rising and inflation easing slightly, Fed survey shows

Federal Reserve policymakers preparing for their next policy meeting in two weeks got a fresh snapshot on Wednesday of a broadly improving economy, with employment on

Economic activity rising and inflation easing slightly, Fed survey shows
Business|Economy|Europe|Technology|World

Uber nears €12.5bn deal to acquire Delivery Hero, FT reports

Uber is set to take over Delivery Hero in a deal valuing the German food delivery company at about €12.5 billion ($14.34 billion), the Financial Times reported on Wednesday.

Uber nears €12.5bn deal to acquire Delivery Hero, FT reports
Business|Economy|Finance

Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump

Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation

Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump
Business|Economy|World

Some ships refusing US-military guided Hormuz transits after attacks, sources say

Shipping companies are avoiding using a U.S. military-guided transit scheme through the Strait of Hormuz after a wave of Iranian

Some ships refusing US-military guided Hormuz transits after attacks, sources say
Business|Economy|Environment|Finance|World

Chile's Codelco expects flat copper output in coming years, chairman says

Chile's state-run copper miner Codelco expects production in the coming years to stay similar to current levels, chairman Bernardo Fontaine said on

Chile's Codelco expects flat copper output in coming years, chairman says
Business|Economy|Political|US|World

US House panel unveils $95 billion plan to fund defense, parts of Trump's voter ID bill

A Republican-controlled committee in the U.S.

US House panel unveils $95 billion plan to fund defense, parts of Trump's voter ID bill
Business|Economy|Political|World

US says it issued sanctions to disrupt Iran's weapon procurement

The U.S government issued sanctions on Wednesday targeting individuals and entities that it said were a part of an international network helping Iran procure weapons.

US says it issued sanctions to disrupt Iran's weapon procurement
Business|Economy|Finance|Stock Markets|World

Wall Street banks point to resilient US consumer as loan growth picks up

Wall Street's largest banks struck a reassuring tone on U.S. consumer health, citing steady spending, rising loan balances and healthy credit quality that suggest

Wall Street banks point to resilient US consumer as loan growth picks up
Asia|Business|Economy|Finance|Stock Markets|US|World

Stocks rise after soft US inflation reading with Middle East in focus

MSCI's global equities index rose on Wednesday after a surprise drop in the U.S. inflation reading and a second day of strong

Stocks rise after soft US inflation reading with Middle East in focus
Business|Economy|Europe|Technology|World

EU accepts action plan by Elon Musk's X to become more transparent

The European Union, which fined Elon Musk's social media network X €120 million ($137.2 million) last year, said on Wednesday it had accepted an action plan by X to

EU accepts action plan by Elon Musk's X to become more transparent
Business|Economy|Technology

PayPal can push Stripe to dig deeper in its wallet

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) By Karen Kwok NEW YORK, July 15 (Reuters Breakingviews) - Stripe's digital deal wallet is a little light.

PayPal can push Stripe to dig deeper in its wallet
Business|Economy|Finance|Political|Stock Markets|US|World

Oil prices make small gain on smaller US inventory draw

Oil prices rose slightly on Wednesday, reacting to stronger-than-expected inventory and largely shrugging off a new wave of U.S. attacks against Iranian military

Oil prices make small gain on smaller US inventory draw
Business|Economy|Finance|US

Fed's Cook says she is prepared to act soon if inflation does not begin to slow

U.S.

Fed's Cook says she is prepared to act soon if inflation does not begin to slow
Business|Crime|Economy|Political

Goldman counsel Ruemmler says she would have reported Epstein if she knew he abused women

Goldman Sachs senior counsel Kathryn Ruemmler told members of Congress in a closed-door hearing on Wednesday that if she had

Goldman counsel Ruemmler says she would have reported Epstein if she knew he abused women
Business|Economy|Political|World

France faces debt surge unless spending curbed, report says

France faces a sharp deterioration in its public finances over the rest of the decade unless policymakers act quickly to curb spending, an independent report commissioned by

France faces debt surge unless spending curbed, report says
Business|Economy|Finance|Stock Markets|US

US money market funds turn defensive with Fed rate outlook uncertain

Money market funds are taking a more cautious approach in their portfolios, reflecting lingering uncertainty about the U.S.

US money market funds turn defensive with Fed rate outlook uncertain
Business|Economy|Finance|Stock Markets

Citigroup estimates revised after bank flags higher expenses, stock tanks

Analysts revised estimates for Citigroup on Wednesday after the bank's management surprised investors and forecast higher expenses in the second half

Citigroup estimates revised after bank flags higher expenses, stock tanks
Economy|Election|Finance|Political|Stock Markets|US|World

House Republicans unveil a $95 billion plan for the Iran war, farm aid and elections

House Republicans have unveiled a $95 billion plan focused on boosting defense, aiding farmers and enacting stricter voter registration rules

House Republicans unveil a $95 billion plan for the Iran war, farm aid and elections
Arts|Business|Economy|Entertainment|Political|Technology|World

Paramount and Warner Bros. expect a delay in closing the deal

Paramount and Warner Bros. expect a delay in closing the deal

Paramount and Warner Bros. expect a delay in closing the deal
Business|Crime|Economy|Finance|Political

Former Obama White House attorney says ‘it was a mistake’ to deal with Epstein and she regrets it

Former Obama White House attorney says ‘it was a mistake’ to deal with Epstein and she regrets it

Former Obama White House attorney says ‘it was a mistake’ to deal with Epstein and she regrets it
Business|Economy|Finance|World

IMF strategy chief calls for price stability, credibility in shock-prone world

The International Monetary Fund's strategy chief urged government officials on Wednesday to focus on medium-term fiscal frameworks and

IMF strategy chief calls for price stability, credibility in shock-prone world
Business|Economy|Finance|Health|Stock Markets

J&J medtech miss overshadows earnings beat

Johnson & Johnson said on Wednesday that its medical device unit underperformed in the second quarter, even as strong sales of Tremfya for

J&J medtech miss overshadows earnings beat
Business|Economy|Finance|Stock Markets

Morgan Stanley beats estimates on strong trading and dealmaking, bets on AI investment

Morgan Stanley beat Wall Street estimates for second-quarter profit on Wednesday, posting record revenue driven by strong deals activity, while

Morgan Stanley beats estimates on strong trading and dealmaking, bets on AI investment
Business|Economy|Science|Technology

Apple chasing AI chip company deals, The Information reports

Apple is looking to buy chip companies to bolster its efforts to make server processors for running AI, The Information reported on Wednesday, citing people familiar with the

Apple chasing AI chip company deals, The Information reports
Business|Economy|Finance|World

US producer prices post largest drop in 14 months; inflation risks still tilted to the upside

U.S. producer prices unexpectedly fell in June, posting their biggest decline in 14 months amid a pullback in the cost of energy products, further

US producer prices post largest drop in 14 months; inflation risks still tilted to the upside
Business|Economy|Finance|Stock Markets|World

Dollar falls after cooling producer prices, Middle East escalation in focus

The dollar fell against major currencies on Wednesday after softer-than-expected U.S. producer prices reinforced signs of easing inflation, bolstering

Dollar falls after cooling producer prices, Middle East escalation in focus
Business|Economy|World

Trump's pick to head Bureau of Labor Statistics clears key Senate hurdle

Brett Matsumoto, President Donald Trump's pick to head the U.S.

Trump's pick to head Bureau of Labor Statistics clears key Senate hurdle
Business|Economy|Finance|Stock Markets|World

Wall Street's investment banking machine firing on all cylinders

A broad revival in investment banking is taking hold on Wall Street, fueled by a surge in IPOs, mergers and debt issuance.

Wall Street's investment banking machine firing on all cylinders
Business|Economy|Political|World

UK's incoming prime minister Burnham to name Mahmood as finance minister, FT reports

Andy Burnham is set to name interior minister Shabana Mahmood as his finance minister when he becomes Britain's prime minister next week, the Financial Times reported on

UK's incoming prime minister Burnham to name Mahmood as finance minister, FT reports
Business|Economy|Finance|Political|Stock Markets|US|World

White House weighs extending Jones Act waivers as Iran conflict raises price concerns

The White House is weighing another extension of waivers allowing foreign ships to transport goods between U.S. ports as renewed conflict with Iran raises

White House weighs extending Jones Act waivers as Iran conflict raises price concerns
Business|Economy|Finance|US

Elizabeth Warren blasts Kevin Warsh, saying he ‘seems to invite corruption’

Elizabeth Warren blasts Kevin Warsh, saying he ‘seems to invite corruption’

Elizabeth Warren blasts Kevin Warsh, saying he ‘seems to invite corruption’
Economy|Political|US|World

Johnson unveils $95 billion plan for defense spending and Trump’s elections overhaul

Johnson unveils $95 billion plan for defense spending and Trump’s elections overhaul

Johnson unveils $95 billion plan for defense spending and Trump’s elections overhaul
Business|Economy|US|World

Trump rescinds toll plan for ships in Strait of Hormuz

President Donald Trump on Tuesday rescinded the decision to impose a 20% toll for cargo moving through the Strait of Hormuz, saying it will be replaced by Gulf state investments in the US.

Trump rescinds toll plan for ships in Strait of Hormuz
Business|Economy|Science|Technology|World

Amazon will launch its satellite internet in South Africa, seemingly beating Musk in his homeland

Amazon says that the technology company will launch its new satellite internet service Amazon Leo in South Africa in 2027

Amazon will launch its satellite internet in South Africa, seemingly beating Musk in his homeland
Arts|Economy|Entertainment|Health

Biden will publish 'Promise Me, America' memoir after the November midterm elections

Former President Joe Biden plans to publish his memoir, "Promise Me, America," this fall

Biden will publish 'Promise Me, America' memoir after the November midterm elections
Business|Economy|Environment|Health|Sports|Travel

Anglers encouraged to catch, keep fish in Northern Colorado reservoir as water levels to dry up

Anglers encouraged to catch, keep fish in Northern Colorado reservoir as water levels to dry up

Anglers encouraged to catch, keep fish in Northern Colorado reservoir as water levels to dry up
Business|Economy|Europe|World

Strait of Hormuz-style crisis looms for Russia as Ukraine forces shutdown of a key waterway

Strait of Hormuz-style crisis looms for Russia as Ukraine forces shutdown of a key waterway

Strait of Hormuz-style crisis looms for Russia as Ukraine forces shutdown of a key waterway
Business|Economy|Finance|Stock Markets|Technology

Wall St opens higher as investors weigh earnings; PayPal jumps

Wall Street's main indexes opened higher on Wednesday, as investors weighed softer-than-expected producer inflation data and a flurry of corporate earnings, while PayPal surged on

Wall St opens higher as investors weigh earnings; PayPal jumps
Americas|Business|Economy|Finance|Stock Markets|World

Brazil services activity shrinks 0.4% in May, missing forecasts

Services activity in Brazil fell 0.4% in May from April on a seasonally adjusted basis, government statistics agency IBGE said on Wednesday, missing economists'

Brazil services activity shrinks 0.4% in May, missing forecasts
Business|Economy|Finance|Health|Science|Stock Markets|Technology

Celcuity shares fall as launch delay eclipses US approval for breast cancer drug

Shares of Celcuity fell nearly 19% in morning trading on Wednesday, as the delayed commercial launch of its newly approved breast cancer drug and label concerns

Celcuity shares fall as launch delay eclipses US approval for breast cancer drug
Business|Economy|Europe|World

Ukraine says it will protect ports to maintain export volumes after attacks

Ukraine will do everything possible to protect its seaports and guarantee grain exports at no less than last season's level, its deputy economy minister,

Ukraine says it will protect ports to maintain export volumes after attacks
Business|Economy|Environment|Europe|Technology|World

Five cloud business groups urge EU interim measures against Broadcom

The Cloud Infrastructure Services Providers in Europe (CISPE) has joined forces with four other trade groups to urge EU antitrust regulators to suspend

Five cloud business groups urge EU interim measures against Broadcom
Business|Crime|Economy|World

Buffett says his children are ready to distribute his fortune, calls Bill Gates' Epstein ties 'distasteful'

Warren Buffett said he found fellow billionaire Bill Gates’ association with the late sex offender Jeffrey Epstein “distasteful,” but decided to stop donating

Buffett says his children are ready to distribute his fortune, calls Bill Gates' Epstein ties 'distasteful'
Business|Economy|Finance|Stock Markets

Conagra reviews non-core assets after slashing dividend, issuing weak outlook

Conagra Brands is reviewing its non-core assets, the packaged food maker said on Wednesday, after it issued a weak profit forecast and halved

Conagra reviews non-core assets after slashing dividend, issuing weak outlook
Business|Economy|Finance|Stock Markets|World

Bank of Canada holds rates, says the economy is growing again

The Bank of Canada left its benchmark overnight rate unchanged at 2.25% on Wednesday as widely expected and said growth would

Bank of Canada holds rates, says the economy is growing again
Business|Economy|Technology

Stripe, Advent offer to buy PayPal for more than $53 billion, sources say

By Milana Vinn July 14 - Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments

Stripe, Advent offer to buy PayPal for more than $53 billion, sources say
Economy|Europe|Political|World

Merz reaches out to AfD voters before pivotal German regional election

German Chancellor Friedrich Merz appealed to supporters of the far-right Alternative for Germany (AfD) to judge his government on its merits ahead of an election in

Merz reaches out to AfD voters before pivotal German regional election
Business|Economy|Finance|US

Fed Chairman Warsh questioned about independence from Trump

Federal Reserve Chairman Kevin Warsh said the Fed will continue to set interest rates without considering politics during his first congressional testimony on Tuesday. Democratic Rep. Nydia Velázquez of New York asked the new Fed leader if he works for Trump, to which he responded: “We’re an independent central bank.” He reiterated that view in an exchange with Democratic Rep. Gregory Meeks of New York, who pressed Warsh on how he would respond if Trump “publicly pressures you to pursue a different course” than that warranted by economic data.

Fed Chairman Warsh questioned about independence from Trump
Economy|Europe|World

Starmer says his political journey is over at his last question session as UK leader

Keir Starmer has answered questions from lawmakers in the House of Commons for the last time before leaving the British prime minister's office next week

Starmer says his political journey is over at his last question session as UK leader
Business|Economy|Finance|Political|Stock Markets|US|World

US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy

U.S. wholesale inflation fell from May to June on plunging energy prices but intensifying hostilities with Iran are clouding the outlook

US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy
Business|Economy|Finance|Science|Technology

Nuclear fuel firm Standard Nuclear slashes US IPO size by more than half

Standard Nuclear slashed the size of its proposed U.S. initial public offering by more than 50% on Wednesday, joining a string of companies that have scaled back their valuation

Nuclear fuel firm Standard Nuclear slashes US IPO size by more than half
Business|Economy|Finance|Stock Markets|World

BNY lifts 2026 revenue forecast above estimates after quarterly beat

BNY raised its 2026 revenue forecast above Wall Street expectations on Wednesday after trouncing estimates for second-quarter results,

BNY lifts 2026 revenue forecast above estimates after quarterly beat
Business|Economy|Environment|Science|Technology

Electra taps Safran for 250 turbogenerators to power hybrid-electric EL9

Electra said on Wednesday it has signed a production agreement with France's Safran Helicopter Engines for turbogenerators, as the hybrid-electric aircraft

Electra taps Safran for 250 turbogenerators to power hybrid-electric EL9
Australia|Business|Economy

EQT sweetens pursuit of Australia's Perpetual with $1.75 billion bid

Australia's Perpetual said on Wednesday it received a sweetened A$2.5 billion ($1.75 billion) takeover proposal from Sweden's EQT AB, less

EQT sweetens pursuit of Australia's Perpetual with $1.75 billion bid
Business|Economy|Environment|World

UN warns Sudan gum arabic trade helps sustain civil war

The United Nations human rights office on Wednesday called on states, businesses and parties linked to Sudan's globally-relevant gum arabic industry

UN warns Sudan gum arabic trade helps sustain civil war
Business|Economy|Finance|Political|Stock Markets|US

Fed's Williams: "Unquestionably too-high" inflation may soon subside

While inflation is "unquestionably too high," there are reasons to believe it may have crested and should soon start subsiding, and U.S. monetary policy is

Fed's Williams: "Unquestionably too-high" inflation may soon subside
Business|Economy|Finance|Stock Markets|World

Dimon-led JPMorgan poised to become world's first $1 trillion bank

Jamie Dimon's two decades at the helm of JPMorgan Chase have rewritten industry record books and the Wall Street giant is now within striking

Dimon-led JPMorgan poised to become world's first $1 trillion bank
Business|Economy|Finance|Stock Markets|World

Wholesale inflation improved as energy prices fell last month — but relief may be temporary

Wholesale inflation improved as energy prices fell last month — but relief may be temporary

Wholesale inflation improved as energy prices fell last month — but relief may be temporary
Business|Economy|Education|Entertainment|Finance|Lifestyle

This is how to stretch your new car buying dollars in 2026, according to Edmunds

Car buyers looking to save money in 2026 can stretch their budgets by shopping strategically

This is how to stretch your new car buying dollars in 2026, according to Edmunds
Business|Economy|Finance|Stock Markets|Technology

SpaceX's slide below IPO price risks turning blockbuster IPO into confidence test

SpaceX's slip below its initial public offering price risks turning a marquee stock-market debut into a confidence test, potentially unsettling retail

SpaceX's slide below IPO price risks turning blockbuster IPO into confidence test
Business|Economy|Finance|Stock Markets|World

BlackRock assets hit record $15 trillion on boost from buoyant markets, ETF inflows

BlackRock's second-quarter profit outpaced Wall Street estimates on Wednesday as a stock market rally lifted the value of client assets

BlackRock assets hit record $15 trillion on boost from buoyant markets, ETF inflows
Business|Economy|Technology|World

Trump presses defense executives to boost weapons production

President Donald Trump urged top defense executives on Wednesday to accelerate weapons production and expand

Trump presses defense executives to boost weapons production
Business|Economy|Europe|Technology

ASML financial guidance includes Terafab plans, CFO says

Top computer chip equipment maker ASML said its capacity expansion plans in 2027 and 2028 unveiled on Wednesday along with second-quarter earnings take into account

ASML financial guidance includes Terafab plans, CFO says
Business|Economy|Finance|Political|World

Brazil braces for new U.S. tariffs as Washington broadens trade push, sources say

Brazil is bracing for the United States to impose a new 25% tariff on thousands of its imports after months of intensive but largely unproductive

Brazil braces for new U.S. tariffs as Washington broadens trade push, sources say
Arts|Business|Economy|Entertainment|Europe|Finance|Science|Technology|World

European shares eke out slim gains on luxury rebound even as war risks persist

European shares ended Wednesday with slim gains as a strong rebound in luxury stocks countered weakness in telecom and

European shares eke out slim gains on luxury rebound even as war risks persist
Business|Economy|Technology|World

China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPO, sources say

Chinese AI startup DeepSeek is planning to launch a fresh fundraising round at a valuation of about 500 billion yuan ($74 billion) ahead of a potential mainland

China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPO, sources say
Business|Economy|Finance|World

Revamp of 'core' PCE measure could help Fed estimate underlying inflation, research says

The U.S.

Revamp of 'core' PCE measure could help Fed estimate underlying inflation, research says
Business|Economy|Europe|MidEast

JPMorgan expands EMEA corporate banking business in latest push on regional rivals

JPMorgan has launched an expansion of its corporate banking business in Europe, the Middle East and Africa as it seeks to grow income and claim market

JPMorgan expands EMEA corporate banking business in latest push on regional rivals
Business|Economy|Entertainment|Finance|Technology

Netflix's next growth chapter hinges on keeping viewers hooked

Netflix is under pressure to reassure investors about its growth strategy when it reports second-quarter results on Thursday, as its user engagement has

Netflix's next growth chapter hinges on keeping viewers hooked
Business|Economy|Environment|Science

In US West, drought pits farms against towns, industry in scramble for water

In Arizona, dead fish lie in the dry bed of a reservoir.

In US West, drought pits farms against towns, industry in scramble for water
Business|Economy|Finance|World

Next Israel government must halt rise in debt burden, central bank  chief says

Whoever wins the election in Israel later this year must rein in defence-led state spending that has grown in recent years and invest more in education,

Next Israel government must halt rise in debt burden, central bank  chief says
Business|Economy|Environment|Finance|Science|Stock Markets|Technology|US|World

Melting core

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets A torrent of new information hit markets on Tuesday, with a mostly

Melting core
Business|Economy|Election|Finance|Political|World

Brazil's Lula gains ground on Flavio Bolsonaro ahead of presidential vote, poll shows

Brazilian President Luiz Inacio Lula da Silva has widened his lead over right-wing Senator Flavio Bolsonaro in the run-up to October's presidential election, a Quaest

Brazil's Lula gains ground on Flavio Bolsonaro ahead of presidential vote, poll shows
Business|Economy|Finance|Stock Markets

M&T Bank's second-quarter profit lifted by interest income growth

M&T Bank posted a rise in second-quarter profit on Wednesday, driven by higher interest income and trust income.

M&T Bank's second-quarter profit lifted by interest income growth
Business|Economy|Finance|Stock Markets|US

PNC Financial posts record quarterly revenue on capital markets windfall, FirstBank buy

U.S. bank PNC Financial reported record quarterly revenue on Wednesday, boosted by robust capital markets activity and its acquisition of regional lender FirstBank.

PNC Financial posts record quarterly revenue on capital markets windfall, FirstBank buy
Economy|Europe|Political|World

UK economy needs budget discipline, OECD says as Burnham prepares for power

Britain must maintain its budget discipline, tackle high pension spending and address soaring energy prices to speed up its economy, the OECD said on

UK economy needs budget discipline, OECD says as Burnham prepares for power
Business|Economy|Finance|World

Canadian home sales rise in June, prices unchanged from prior month

Canadian home sales posted a modest increase in June following a robust jump the previous month, and prices remained unchanged, data from the Canadian

Canadian home sales rise in June, prices unchanged from prior month
Business|Economy|Technology|World

Eyeing valuation jump, investors prep bids for chip giant CXMT's $8.6 billion IPO

Chinese investors seeking shares in CXMT's $8.6 billion IPO are betting the Chinese chipmaker's valuation will soar as much as 10-fold

Eyeing valuation jump, investors prep bids for chip giant CXMT's $8.6 billion IPO
Business|Economy|Environment|Political|World

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