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Thu, Sep 03, 2026 05:55 AM All times are UTC

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Europe EV Sales Surge as High Fuel Prices Drive Demand

Aug 24, 2026 04:30 am UTC| Economy

Electric vehicle sales accelerated across Europe in July as high fuel prices, government subsidies and a growing selection of affordable EV models encouraged drivers to move away from combustion-engine cars. Demand for...

Dollar Hovers Near Multi-Month Lows as Treasury Buybacks Rattle Markets

Aug 24, 2026 03:06 am UTC| Economy

The U.S. dollar remained under pressure near multi-month lows on Monday as investors weighed the Treasury Departments decision to increase long-term bond buybacks, while awaiting fresh U.S. sanctions on Iran and key...

Oil Prices Retreat as Markets Await Tougher Iran Sanctions

Aug 24, 2026 02:48 am UTC| Economy

Oil prices pulled back on Monday as traders locked in profits following two weeks of strong gains, while markets remained focused on looming U.S. sanctions against Iran and the risk of further supply disruptions in the...

Trump Vows Tougher Iran Sanctions as US Weighs New Economic Pressure

Aug 23, 2026 00:54 am UTC| Politics Economy

U.S. President Donald Trump has pledged to intensify economic pressure on Iran as Washington prepares measures that Treasury Secretary Scott Bessent says could be unprecedented. Bessent is scheduled to hold a press...

ING Says Yen Is 20% Undervalued Against Dollar

Aug 23, 2026 00:49 am UTC| Insights & Views Economy

The Japanese yen remains roughly 20% undervalued against the U.S. dollar, according to ING analysts, who believe recent U.S.-Japan currency intervention and potential Bank of Japan policy changes could support a...

Canada Announces Dollar-for-Dollar Retaliation Against 50% U.S. Tariffs

Aug 23, 2026 00:47 am UTC| Politics Economy

Canada will impose retaliatory tariffs matching new U.S. trade duties dollar for dollar starting Sept. 8, Prime Minister Mark Carney said Saturday, escalating trade tensions after negotiations between the two countries...

Merz Pushes Faster Reforms to Revive German Economy

Aug 23, 2026 00:44 am UTC| Politics Economy

German Chancellor Friedrich Merz is preparing to press his cabinet to accelerate economic reforms designed to reduce pressure on businesses, stimulate growth and protect jobs in Germany, according to a report by Bild am...

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Economy

India Services PMI Rises to 54.1 as Hiring Accelerates

Indias services sector expanded at a slightly faster pace in August, although weak growth in new business kept activity close to its lowest levels in more than four years, according to a private-sector survey. The HSBC...

China Services PMI Beats Forecasts as Domestic Demand Improves

Chinas services sector expanded at a faster pace in August, as stronger business activity, rising new orders and continued employment growth pointed to a modest improvement in domestic demand. The RatingDog Services PMI...

Australia Trade Surplus Beats Forecasts in July as Exports Fall

Australias trade surplus exceeded market expectations in July, although it narrowed from the previous month as exports declined faster than imports, according to data released Thursday by the Australian Bureau of...

Asian Currencies Rise as Yen Surges on BOJ Rate Hike Bets

Asian currencies strengthened against the U.S. dollar on Thursday, led by a sharp rally in the Japanese yen as traders increased bets on a Bank of Japan rate hike and remained alert to possible currency intervention....

Gold Prices Hold Near $4,400 as Fed Rate Hike Bets Ease

Gold prices steadied near $4,400 an ounce on Thursday after rebounding about 1% in the previous session, as easing energy-driven inflation concerns reduced expectations for aggressive Federal Reserve interest rate hikes. A...

Politics

Pacific Islands Forum Seeks Unified Condemnation of China Missile Test

Pacific Islands Forum chair Surangel Whipps Jr. said Thursday he hopes the 18-member regional bloc can reach consensus on condemning Chinas recent ballistic missile test in the Pacific, as tensions between Beijing and...

Iran War Civilian Toll Rises After U.S. Strikes Hit Wedding

The renewed escalation of the Iran war has intensified concerns over civilian casualties after Iranian officials said 18 people were killed in the latest U.S. strikes, including four at a wedding near the Strait of Hormuz....

Maduro Seeks Dismissal of US Drug Trafficking Charges

Ousted Venezuelan President Nicolas Maduro has asked a U.S. federal judge to dismiss drug trafficking charges against him, arguing that he is protected from prosecution by head-of-state immunity. Maduros lawyer, Barry...

Trump Administration Threatens Smithsonian Support Over Leadership Dispute

President Donald Trumps administration has threatened to withdraw federal agency support for the Smithsonian Institution, escalating its dispute with the prominent U.S. museum and research organization. In a letter to the...

Australia, US Move to Expand Defence Ties in Indo-Pacific

Australia and the United States have agreed to deepen defence cooperation, potentially expanding the U.S. military presence in Australia as both countries seek to strengthen deterrence and security across the Indo-Pacific...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Thomson Reuters C-Track Cyberattack Hits Courts Across U.S. and Canada

A Thomson Reuters unit has disclosed a cybersecurity incident involving its C-Track court case management platform, affecting court systems across 11 U.S. states, the U.S. Virgin Islands and Canada. The company detected...

ByteDance Secures $29.6 Billion Loan to Boost AI Investment

ByteDance, the Chinese technology giant behind TikTok, has secured a $29.6 billion loan as it ramps up spending on artificial intelligence and data center infrastructure, Bloomberg reported Thursday, citing people familiar...

Microsoft to Reveal Azure Revenue in Major Reporting Shake-Up

Microsoft Corporation (NASDAQ: MSFT) plans to begin reporting standalone quarterly revenue for its Azure cloud business, giving investors greater visibility into one of the technology giants fastest-growing operations. The...

MongoDB Stock Sinks 14% as Atlas Growth Misses Expectations

MongoDB (NASDAQ: MDB) shares plunged more than 14% in premarket trading Wednesday despite stronger-than-expected fiscal second-quarter 2027 results, as investors focused on the lack of growth acceleration in the companys...

Lenovo Shares Fall After Dropbox Security Breach Exposes ID Vulnerability

Lenovo Group shares came under pressure on Wednesday after a security breach at Dropbox revealed a vulnerability connected to the Chinese technology companys Lenovo ID authentication service. Dropbox said approximately...