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

Economy

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
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