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MSC and BlackRock withdraw bid approval request for Barcelona port stake

Shipping giant MSC and buyout fund BlackRock have withdrawn their request for European Union antitrust approval of a planned purchase. The proposed deal concerned a stake in the Barcelona port terminal owned by CK Hutchison. A regulatory filing disclosed the withdrawal. The filing did not state why the companies decided to remove their request. The transaction therefore remains without the requested EU competition clearance.

MarketsTrade & sanctionsCompanies & industryMSCBlackRockBarcelona portEU antitrust

RReutersOriginal★★☆☆☆2026-08-10 12:10

MSC and BlackRock withdraw bid approval request for Barcelona port stake
MSC and BlackRock withdraw bid approval request for Barcelona port stake

GameStop’s Ryan Cohen Weighs Withdrawing $56 Billion eBay Bid

GameStop Corp., led by Chief Executive Officer Ryan Cohen, is considering pulling its $56 billion offer for eBay Inc., people familiar with the matter said. The possible move concerns a major proposed corporate transaction. The people did not provide a reason for the consideration, and no final decision was indicated. The bid remains under consideration by the company.

Companies & industryGameStopeBaycorporate dealsacquisition bid

BBloomberg NewsOriginal★★★☆☆2026-08-10 12:00

GameStop’s Ryan Cohen Weighs Withdrawing $56 Billion eBay Bid
GameStop’s Ryan Cohen Weighs Withdrawing $56 Billion eBay Bid

Brent oil price surpasses $85 per barrel on London’s ICE

The price of Brent crude on London’s ICE rose above $85 per barrel. At 1:54 p.m. Moscow time, the benchmark was up 1.9% at $85.14 a barrel. It was the first time since August 4 that the price had crossed the $85 threshold.

Energy & commoditiesBrent crudeoil pricesLondon ICE

TTASSOriginal★★☆☆☆2026-08-10 11:55

Brent oil price surpasses $85 per barrel on London’s ICE

EXCLUSIVE: Blackstone-owned Safe Harbor nears $1.5 billion deal to buy MarineMax

Blackstone Infrastructure’s Safe Harbor Marinas is close to reaching a $1.5 billion agreement to acquire MarineMax, according to people familiar with the matter. Safe Harbor is described as the world’s largest owner and operator of marinas. The potential transaction would bring MarineMax under Safe Harbor’s ownership. The sources characterized the deal as nearing completion, rather than finalized.

Companies & industryacquisitionmarinasBlackstone

RReutersOriginal★★☆☆☆2026-08-10 11:35

EXCLUSIVE: Blackstone-owned Safe Harbor nears $1.5 billion deal to buy MarineMax
EXCLUSIVE: Blackstone-owned Safe Harbor nears $1.5 billion deal to buy MarineMax

Eastern Economic Forum to discuss prospects for launching low-altitude economy

The Eastern Economic Forum is set to discuss the prospects of launching a low-altitude economy. The forum will take place from September 1 to 4 in Vladivostok. Its venue will be the campus of Far Eastern Federal University. The discussion is part of the forum’s scheduled programme.

Macro & central banksEastern Economic Forumlow-altitude economyVladivostok

TTASSOriginal★★☆☆☆2026-08-10 11:30

Eastern Economic Forum to discuss prospects for launching low-altitude economy

Grain shipments to Greater Odessa ports fall 84% in early August — statistics

Statistics show that 182,000 tons of grain and milled products were transported by rail during the first five days of August. That volume was 44.1% below the figure recorded during the same period in July. The headline reports an 84% decline in grain shipments to the Greater Odessa ports at the start of August.

Energy & commoditiesTrade & sanctionsUkrainegrain shipmentsGreater Odessa ports

TTASSOriginal★★★☆☆2026-08-10 11:17

Grain shipments to Greater Odessa ports fall 84% in early August — statistics

China finds pecans from US and Mexico dumped, imposes interim measures

China has made a preliminary finding that pecan imports originating in the United States and Mexico are being dumped. The Ministry of Commerce said the products, also identified as Carya illinoensis, will face interim anti-dumping measures. The move follows the ministry’s determination announced on Monday. It applies to imports from both named countries. China described the action as an interim response while the dumping finding remains preliminary.

OtherChinaUnited StatesMexicopecansanti-dumping

CCGTNOriginal★★★☆☆2026-08-10 11:13

China finds pecans from US and Mexico dumped, imposes interim measures
China finds pecans from US and Mexico dumped, imposes interim measures
  • China finds US, Mexico pecan dumping and imposes interim measures
    China finds US, Mexico pecan dumping and imposes interim measures

    China’s Ministry of Commerce has preliminarily found that pecan imports from the United States and Mexico were dumped and materially harmed China’s domestic industry. It will impose interim anti-dumping measures through security deposits from August 11, 2026. Margins range from 17.8% to 51.6% for Mexican firms and stand at 54.3% for US firms.

    Chinaanti-dumpingpecansUnited StatesMexico

    CCGTN★★★☆☆2026-08-10 11:13Original
  • China Imposes Steep Levies on US Pecans Ahead of Xi-Trump Summit
    China Imposes Steep Levies on US Pecans Ahead of Xi-Trump Summit

    China has ordered steep anti-dumping deposits on pecan imports from the United States and Mexico. The measure adds another point of friction to trade relations between Washington and Beijing. It comes only weeks before an expected summit involving President Donald Trump and Chinese leader Xi Jinping. The action could therefore weigh on the atmosphere surrounding the anticipated meeting.

    ChinaUnited StatesTrade frictionPecans

    BBloomberg News★★★★☆2026-08-10 11:00Original

A surprising trend suggests the US wealth gap may be narrowing

A notable pattern has emerged in Bank of America accounts over the past several months. The difference between wealthy and poor Americans appears to be getting smaller. The trend is described as surprising because it points toward a possible narrowing of the country’s wealth divide. The account data has drawn attention to a potential shift in the distribution of financial resources across the United States.

Macro & central banksMarketsBanking & financeUS economywealth gapBank of America

CCNNOriginal★★★☆☆2026-08-10 11:01

A surprising trend suggests the US wealth gap may be narrowing

WorldIran’s demands to reopen Hormuz: A capitulation document?

Iran’s Revolutionary Guards said on Sunday that the Strait of Hormuz would remain closed until the United States met a list of demands. Those demands include compensation for war damages. The central question is whether the conditions amount to a surrender document for Washington. Dr H.A. Hellyer, a senior fellow in geopolitics, international security and Middle East studies at RUSI, joins the discussion to assess the position.

IranUnited StatesStrait of Hormuzdiplomacy

FFrance 24Original★★★★☆2026-08-10 10:13

Iran’s demands to reopen Hormuz: A capitulation document?
Iran’s demands to reopen Hormuz: A capitulation document?
  • Trump Hints US Will Let Economic Pressure Work on Iran
    Trump Hints US Will Let Economic Pressure Work on Iran

    President Donald Trump indicated that the United States is prepared to allow economic pressure on Iran to intensify instead of ordering new military strikes. He described the US position toward Tehran over the Strait of Hormuz as only “semi-negotiating.” His remarks point to an emphasis on economic leverage rather than an immediate fresh attack. The approach leaves pressure building while contact with Iran remains limited.

    Donald TrumpIraneconomic pressureStrait of Hormuz

    BBloomberg News★★★★☆2026-08-10 07:30Original
  • Morning Bid: Suddenly the Strait of Hormuz is ‘irrelevant’ to the US
    Morning Bid: Suddenly the Strait of Hormuz is ‘irrelevant’ to the US

    Wayne Cole surveys the day ahead for European and global markets. The item highlights a sudden shift in how the United States views the Strait of Hormuz, describing the waterway as having become “irrelevant” to Washington. It frames that change as the central market-related development under consideration.

    marketsUnited StatesStrait of Hormuz

    RReuters★★☆☆☆2026-08-10 04:50Original
  • Trump signals shift to economic pressure on Iran after new military strikes
    Trump signals shift to economic pressure on Iran after new military strikes

    Donald Trump signals that the United States is shifting toward economic pressure on Iran following new military strikes. Washington is relying on sanctions and a naval blockade as key tools in the approach. Oil prices have stabilised, easing the economic burden on American consumers. The change points to a greater emphasis on restricting Iran through economic measures rather than relying solely on military action.

    TrumpIraneconomic pressuresanctionsnaval blockade

    AAl Jazeera★★★★☆2026-08-10 03:48Original
  • US ‘low-keying’ negotiations as Iran reshuffles key security posts
    US ‘low-keying’ negotiations as Iran reshuffles key security posts

    The United States and Iran appear to be modifying their respective positions as uncertainty persists over the future of their confrontation. Reopening the Strait of Hormuz remains a central obstacle in the negotiations. Iran is also reshuffling important security posts. The US is meanwhile pursuing a deliberately low-key approach to the talks.

    US-Iran negotiationsIran security postsStrait of Hormuz

    CCGTN★★★★☆2026-08-10 02:57Original

Multiple Chinese listed firms report receiving US tariff refunds

Several Chinese companies listed on stock exchanges say they have received refunds of US tariffs along with interest since early July. The payments come as the United States moves to return duties imposed under the International Emergency Economic Powers Act. The reports point to refunds tied to tariffs collected under that law.

Trade & sanctionsCompanies & industrytariff refundsUS-China tradelisted companies

CCGTNOriginal★★★☆☆2026-08-10 09:50

Multiple Chinese listed firms report receiving US tariff refunds
Multiple Chinese listed firms report receiving US tariff refunds

Egypt’s annual urban consumer inflation quickens to 14.9% in July

Egypt’s annual urban consumer inflation rose to 14.9% in July, according to the state statistics agency CAPMAS. The agency said the rate stood at 14.3% in June. The figures indicate that price growth in Egypt’s urban consumer market accelerated compared with the previous month.

Macro & central banksCompanies & industryEgyptinflationconsumer prices

RReutersOriginal★★★☆☆2026-08-10 09:50

Egypt’s annual urban consumer inflation quickens to 14.9% in July
Egypt’s annual urban consumer inflation quickens to 14.9% in July

FOMO fuels Wall Street’s breakout rally as traders pile in

Fear of missing out is fueling a rush of buying across Wall Street. Measures from the options market are flashing some of their most bullish signals in years. Traders are piling into the market, helping drive a powerful breakout rally. The surge reflects rising concern among investors that they could miss further gains.

MarketsEnergy & commoditiesWall Streetstock rallyFOMO

RReutersOriginal★★☆☆☆2026-08-10 09:25

FOMO fuels Wall Street’s breakout rally as traders pile in
FOMO fuels Wall Street’s breakout rally as traders pile in

Yellow peaches from eastern China debut in Serbia

Beishan yellow peaches from Qingtian County in Zhejiang Province were shipped to Serbia on Friday. The shipment marks the first time yellow peaches grown in Zhejiang have been exported to the European country. The move opens a new overseas destination for the county’s fruit and highlights expanding agricultural trade between China and Serbia.

Trade & sanctionsyellow peach exportszhejiangserbia

CChina News ServiceOriginal★★☆☆☆2026-08-10 09:23

Yellow peaches from eastern China debut in Serbia

US July container imports rank fourth-highest on record, Descartes says

U.S. containerized goods imports reached the fourth-highest level ever recorded for July, according to Descartes Systems Group. Shippers accelerated deliveries as they sought to bring in merchandise before uncertain changes to U.S. tariffs. The supply chain technology provider said the rush ahead of potential tariff adjustments helped lift the month’s import total.

Trade & sanctionsUS importscontainer shippingtariff uncertainty

RReutersOriginal★★★☆☆2026-08-10 09:15

US July container imports rank fourth-highest on record, Descartes says
US July container imports rank fourth-highest on record, Descartes says

Kashgar-Khujand international passenger route adds flights

The international passenger route between Kashgar in northwest China’s Xinjiang Uygur Autonomous Region and Khujand, Tajikistan, is operating more frequently from Saturday. Kashi-Laining International Airport said the increase in service began that day. The change expands scheduled air links between the two cities. It concerns passenger flights on the cross-border route.

OtherKashgarKhujandinternational flights

CChina News ServiceOriginal★★☆☆☆2026-08-10 09:01

Kashgar-Khujand international passenger route adds flights

Rupee held steady by central bank, traders eye oil turmoil

The Indian rupee stayed within a narrow trading range on Monday. Expected intervention by the central bank helped limit the effect of higher oil prices and increased dollar demand linked to maturing contracts in the non-deliverable forwards market. Traders remained alert to further disruption from oil-price movements.

Macro & central banksMarketsEnergy & commoditiesIndian rupeecentral bank interventionoil prices

RReutersOriginal★★★☆☆2026-08-10 08:50

Rupee held steady by central bank, traders eye oil turmoil
Rupee held steady by central bank, traders eye oil turmoil

Chinese company to launch regular container service to Europe via Northern Sea Route

A Chinese company plans to begin a regular container shipping service to Europe through the Northern Sea Route. The weekly service is expected to connect the two destinations in about 20 days. That would reduce the transit time by nearly half, according to the report. The move points to a new scheduled commercial shipping link along the route.

Trade & sanctionsCompanies & industryChinaEuropeNorthern Sea Routecontainer shipping

TTASSOriginal★★☆☆☆2026-08-10 08:46

Chinese company to launch regular container service to Europe via Northern Sea Route

Thermo Fisher targets 15%-20% growth in India customer base

Thermo Fisher Scientific expects its customer base in India to expand by 15% to 20% over the next five years. The head of the company’s India unit said the projection reflects the expanding biopharmaceutical research and manufacturing ecosystem. The company is betting that this growth will create additional demand for its products and services. Its outlook links customer expansion to the development of India’s biopharma sector.

Companies & industryThermo Fisher ScientificIndiabiopharmaresearch and manufacturing

RReutersOriginal★★☆☆☆2026-08-10 08:45

Thermo Fisher targets 15%-20% growth in India customer base
Thermo Fisher targets 15%-20% growth in India customer base

EconoScope: China’s ‘golden mega-ring’ signals the next phase of transport development

China plans to fully link three major national highways during the 15th Five-Year Plan period, running from 2026 to 2030. The project is expected to create a transport loop measuring 27,000 kilometers. It will extend along the country’s borders and eastern coastline, presenting a broad new stage in China’s transport development.

Macro & central banksChina transportnational highways15th Five-Year Plan

CChina News ServiceOriginal★★★☆☆2026-08-10 08:14

EconoScope: China’s ‘golden mega-ring’ signals the next phase of transport development

Russian stocks rise as main trading session opens

Russian stocks moved higher when the main trading session opened. The yuan also strengthened against the ruble, gaining 6.5 kopecks from the previous close. Its opening exchange rate was 12.304 rubles. The movement came as trading began in the Russian market.

MarketsRussian stocksyuanrublefinancial markets

TTASSOriginal★★☆☆☆2026-08-10 08:04

Russian stocks rise as main trading session opens

China to issue 6 billion yuan in sovereign bonds in Macao

China’s central government plans to issue 6 billion yuan worth of sovereign bonds in Macao on August 20. The Ministry of Finance and the Macao Special Administrative Region government announced the plan jointly on Monday. The bonds’ value is estimated at about 836.3 million U.S. dollars.

MarketsChinaMacaosovereign bonds

CChina News ServiceOriginal★★★☆☆2026-08-10 07:51

China to issue 6 billion yuan in sovereign bonds in Macao

Russia’s jet fuel production to rise 4% in August, stocks sufficient — ministry

Russia’s jet fuel output is expected to increase by 4% in August, according to the Energy Ministry. The ministry said stocks were at normal levels at the start of the month. It added that supplies could still be increased. The statement presents current reserves as sufficient while leaving room for further growth.

MarketsEnergy & commoditiesCompanies & industryRussiajet fuelenergy stocks

TTASSOriginal★★☆☆☆2026-08-10 07:20

Russia’s jet fuel production to rise 4% in August, stocks sufficient — ministry
  • Aviation kerosene production in Russia at sufficient level — Energy Ministry

    Russia’s Energy Ministry says aviation kerosene production is at a sufficient level. The ministry stated that the volume produced will cover the entire required level of consumption. Its statement presents domestic output as adequate for demand. No additional supply measure or shortfall was cited in the announcement.

    Russiaaviation keroseneenergy production

    TTASS★★★☆☆2026-08-10 06:28Original

China’s CPI rises 0.5% year on year in July

China’s Consumer Price Index increased 0.5% year on year in July, according to the National Bureau of Statistics. The rise was 0.5 percentage points lower than the increase recorded in June. Consumer prices therefore remained higher than a year earlier, although the pace of annual growth eased during the month.

Macro & central banksCompanies & industryChina economyconsumer pricesinflation

CChina News ServiceOriginal★★★☆☆2026-08-10 07:04

China’s CPI rises 0.5% year on year in July

AI empowers cross-border e-commerce in Zhejiang

Artificial intelligence is reshaping cross-border e-commerce in Zhejiang Province in eastern China. The technology is strengthening the competitiveness of products, making manufacturing more efficient and changing how businesses market their goods. Together, these developments are giving companies new ways to participate in international online trade and improve their operations.

Tech & AIartificial intelligencecross-border e-commerceZhejiang

CChina News ServiceOriginal★★☆☆☆2026-08-10 05:58

AI empowers cross-border e-commerce in Zhejiang

How climate change’s hard reality hit Europe’s economy this summer

Europe’s sweltering heatwaves this summer have made climate change’s consequences harder to dismiss as a problem for future generations. They have brought attention to costly economic effects that can alter people’s lives. The impacts are presented as already having arrived, rather than as a distant risk. The extreme heat has therefore made the economic reality of climate change immediate for Europe.

Macro & central banksEuropeclimate changeheatwaveseconomic impact

RReutersOriginal★★★★☆2026-08-10 05:15

How climate change’s hard reality hit Europe’s economy this summer
How climate change’s hard reality hit Europe’s economy this summer

China’s first 100-billion-cubic-meter offshore gas field reaches full production

The first phase of the Bozhong 19-6 gas field in the Bohai Sea has entered full production. CNOOC’s Tianjin branch announced that the project is China’s first gas field with reserves of 100 billion cubic meters. Daily oil and gas output has exceeded 5,200 metric tons of oil equivalent. The milestone marks expanded offshore energy production in China.

Energy & commoditiesCompanies & industryoffshore gasBozhong 19-6energy production

CChina News ServiceOriginal★★★☆☆2026-08-10 05:12

China’s first 100-billion-cubic-meter offshore gas field reaches full production
  • China's first 100-billion-cubic-meter Bohai gas field begins production
    China's first 100-billion-cubic-meter Bohai gas field begins production

    The first phase of China’s Bozhong 19-6 gas field in the Bohai Sea has entered full operation, with daily oil and gas output exceeding 5,200 tonnes, CNOOC said. The field holds more than 200 billion cubic meters of proven natural gas reserves and has produced over 2.8 billion cubic meters. Drilling for its second phase has begun.

    China energyBohai oil and gasnatural gas production

    CCGTN★★★☆☆2026-08-10 03:17Original

Iran War: Is the middle class being pushed into poverty?

The war has deepened Iran’s economic crisis and put growing pressure on household finances. Businesses are also suffering as families struggle to manage tighter budgets. The situation is fueling fears that millions of middle-income households could be moving closer to poverty. The report focuses on the war’s impact on Iran’s middle class.

OtherIran wareconomic crisismiddle classpoverty

DDWOriginal★★★★☆2026-08-10 04:46

Iran War: Is the middle class being pushed into poverty?
Iran War: Is the middle class being pushed into poverty?

Nearly 3,000 job seekers attend Chinese companies’ recruitment fair in Brazil

Nearly 3,000 people registered to seek work at the eighth Chinese Companies Recruitment Fair in Brazil. The event took place in São Paulo on Saturday. Thirty Chinese companies presented more than 440 available positions. The turnout highlights strong interest from Brazilian job seekers in opportunities offered by Chinese businesses operating in the country.

Companies & industryBrazilChinese companiesrecruitment fair

CChina News ServiceOriginal★★☆☆☆2026-08-10 04:21

Nearly 3,000 job seekers attend Chinese companies’ recruitment fair in Brazil

India’s FX Reserves Climb Toward Record on Foreign Inflows

India’s foreign-exchange reserves are moving closer to a record as overseas funds flow into the country. The stockpile has increased for five consecutive weeks. That is its longest uninterrupted advance since April 2025.

OtherIndiaforeign exchange reservesforeign inflows

BBloomberg NewsOriginal★★★☆☆2026-08-10 03:47

India’s FX Reserves Climb Toward Record on Foreign Inflows
India’s FX Reserves Climb Toward Record on Foreign Inflows

Oil prices rise as Iranian demands cloud outlook for Strait of Hormuz

Brent crude prices moved higher as Tehran said the critical waterway would not reopen without major concessions from the United States. The demand has cast doubt over prospects for reopening the Strait of Hormuz. Uncertainty surrounding the passage is weighing on the outlook for oil markets. The development keeps attention focused on the standoff between Iran and the US.

Energy & commoditiesoil pricesIranStrait of Hormuz

AAl JazeeraOriginal★★★★☆2026-08-10 03:24

Oil prices rise as Iranian demands cloud outlook for Strait of Hormuz
Oil prices rise as Iranian demands cloud outlook for Strait of Hormuz
  • Oil rises as uncertainty clouds Hormuz reopening
    Oil rises as uncertainty clouds Hormuz reopening

    Oil prices moved higher on Monday as uncertainty persisted over whether the Strait of Hormuz would reopen soon. Iran said an agreement with Oman to establish new shipping lanes was nearing completion. Tehran nevertheless maintained that the United States must satisfy additional conditions. The timing of any reopening therefore remains unclear, keeping attention focused on the potential disruption to oil transport through the strait.

    oil pricesStrait of HormuzIranOman

    RReuters★★★★☆2026-08-10 02:40Original
  • Iran links reopening the Strait of Hormuz to US concessions
    Iran links reopening the Strait of Hormuz to US concessions

    Iran says reopening the Strait of Hormuz depends on the United States making concessions on several demands. Tehran says it is not holding direct talks with Washington. It also says Iran will not initiate such talks while the US continues to breach an interim agreement signed in June. The position ties any renewed dialogue to compliance with that agreement.

    IranUnited StatesStrait of Hormuzdiplomacy

    RReuters★★★★☆2026-08-09 23:15Original
  • Iran sets tough terms for reopening Strait of Hormuz
    Iran sets tough terms for reopening Strait of Hormuz

    Iran’s national security chief has presented demands that Washington must meet before Tehran will reopen the Strait of Hormuz. The conditions include ending the US naval blockade of Iranian ports, paying compensation for damage caused by the war and releasing Iranian assets that have been frozen. Separately, Iran and Oman say they are nearing an agreement on how to manage the strategic waterway. Further insight is provided by France 24’s international affairs editor.

    IranStrait of HormuzUnited StatesOman

    FFrance 24★★★★☆2026-08-09 14:59Original
  • Middle East crisis live: Hormuz to remain closed until US accepts all Iranian conditions, Guards say
    MAJORMiddle East crisis live: Hormuz to remain closed until US accepts all Iranian conditions, Guards say

    Iran’s Revolutionary Guards say the Strait of Hormuz will not reopen until the United States accepts Tehran’s conditions, including compensation for war damage. The force describes the strait as a theatre of war rather than merely a waterway and says the closure will continue until the enemy agrees to all demands. President Masoud Pezeshkian says this is the best moment for an agreement with Washington, portraying Iran as cohesive, powerful and victorious in the war. Oman condemns repeated attacks on vessels transiting the strait without assigning blame, while calling its shipping negotiations with Iran positive and constructive.

    Strait of HormuzIranUnited StatesMiddle East crisis

    TThe Guardian★★★★★2026-08-09 12:00Original
  • Iran, Oman near deal on Strait of Hormuz
    Iran, Oman near deal on Strait of Hormuz

    Iran says negotiations with Oman on reopening the Strait of Hormuz are approaching their final stage. Tehran says reopening the waterway remains conditional on additional terms and compensation for what it describes as breaches of the June agreement. Its new demands include the lifting of a US naval blockade on the strait and Iranian ports, along with the withdrawal of US military forces from the area. Scott Lucas, a professor of international politics at University College Dublin’s Clinton Institute, provides further insight.

    IranOmanStrait of HormuzUnited States

    FFrance 24★★★★☆2026-08-09 11:33Original

Dollar hovers near two-month low as investors await U.S. inflation data

The U.S. dollar remained close to a two-month low against major currencies on Monday. Investors are waiting for inflation figures due later this week. They are looking for indications about the Federal Reserve’s future interest-rate direction. Expectations for that policy path are shaping currency trading.

Macro & central banksMarketsU.S. dollarinflationFederal Reserveinterest rates

RReutersOriginal★★☆☆☆2026-08-10 03:20

Dollar hovers near two-month low as investors await U.S. inflation data
Dollar hovers near two-month low as investors await U.S. inflation data

Japan records first current account deficit in nearly 1-1/2 years

Japan posted a current account deficit in June, the first such shortfall in 17 months. Finance ministry data released on Monday showed that strong investment by overseas investors in domestic markets increased the amount of dividend payouts. The larger payments contributed to the return to deficit. The figures mark a reversal from Japan’s recent current-account position.

Macro & central banksMarketsJapan economycurrent accountoverseas investment

RReutersOriginal★★★☆☆2026-08-10 03:10

Japan records first current account deficit in nearly 1-1/2 years
Japan records first current account deficit in nearly 1-1/2 years

Soybean trade drives China-U.S. farm ties

Soybeans were carried as ballast on return voyages from Asia to America about 200 years ago. The crop has since become a ballast of agricultural trade between China and the United States, helping sustain ties between the two countries’ farming sectors.

Energy & commoditiesTrade & sanctionsChina-U.S. relationssoybean tradeagriculture

CChina News ServiceOriginal★★☆☆☆2026-08-10 00:52

Soybean trade drives China-U.S. farm ties

China-CEEC cooperation opens doors

When the global financial crisis unfolded in 2008, Greece suffered some of its most severe effects. Piraeus Port, the country’s largest seaport, recorded a loss of 13 million euros, or 15 million dollars. Outdated facilities, limited vessel calls and repeated dockworker strikes pushed its operations into a deep crisis. The account presents the port’s difficulties as the backdrop to China-CEEC cooperation opening new opportunities.

Trade & sanctionsChina-CEEC cooperationGreecePiraeus Port

CChina News ServiceOriginal★★☆☆☆2026-08-10 00:47

China-CEEC cooperation opens doors

Asia stocks edge higher as Gulf uncertainty lifts oil prices

Asian stock markets moved higher on Monday, following Wall Street’s gains. A weaker U.S. jobs report reduced expectations of a near-term increase in borrowing costs. But peace talks in the Gulf showed little progress. The uncertainty surrounding those talks helped push oil prices modestly higher.

MarketsEnergy & commoditiesAsian stocksoil pricesGulf peace talks

RReutersOriginal★★★☆☆2026-08-10 00:40

Asia stocks edge higher as Gulf uncertainty lifts oil prices
Asia stocks edge higher as Gulf uncertainty lifts oil prices

Shein finds China still has no substitute after Vietnam manufacturing trial disappoints

Shein encouraged some of its largest Chinese suppliers to establish manufacturing bases in Vietnam. The effort was intended to expand the company’s production footprint outside China. Instead, the experiment failed to develop as planned. The experience has left Shein recognizing that China remains difficult to replace within its supply chain.

Trade & sanctionsCompanies & industrySheinChinaVietnamsupply chains

RReutersOriginal★★☆☆☆2026-08-09 23:25

Shein finds China still has no substitute after Vietnam manufacturing trial disappoints
Shein finds China still has no substitute after Vietnam manufacturing trial disappoints

India’s Maruti sees passenger vehicle market reaching up to 6.3 million units by 2031

Maruti expects India’s passenger vehicle market to expand to as many as 6.3 million units by 2031. The company links the projected growth to a recovery in demand for small cars and a stronger sport utility vehicle segment. Its outlook points to renewed interest in smaller vehicles alongside continued momentum in SUVs.

Companies & industryIndia auto marketMarutismall carsSUVs

RReutersOriginal★★☆☆☆2026-08-09 14:40

India’s Maruti sees passenger vehicle market reaching up to 6.3 million units by 2031
India’s Maruti sees passenger vehicle market reaching up to 6.3 million units by 2031

Chinese electric car sales surge to a record high in Europe

Imports of state-subsidised electric cars from China reached 172,000 in the year to May, representing 14% of the European market. Sales have been propelled by strong demand and low tariffs in the UK, alongside a sharp increase in Italian buyers. The figures come as Chinese manufacturers face claims that they are “dumping” subsidised vehicles into the EU and UK to expand their market share. They are likely to strengthen demands for quotas and higher tariffs aimed at shielding European carmakers.

Trade & sanctionsCompanies & industryChinese electric carsEuropean marketauto tradetariffs

TThe GuardianOriginal★★★★☆2026-08-09 14:30

Chinese electric car sales surge to a record high in Europe
Chinese electric car sales surge to a record high in Europe

Italy’s Record-Low Po River Forces Farmers to Consider Switching Crops

Italy’s Po River has fallen to a record low, leaving farmers to consider whether they should change the crops they plan to grow. Massimo Salvagnin has seeds ready for planting, but remains uncertain about putting them in the ground. The unusually low river level is shaping an immediate decision about farm production. Salvagnin’s hesitation reflects the pressure facing growers as they assess what can be planted under current conditions.

OtherItalyPo Riveragriculturedrought

BBloomberg NewsOriginal★★☆☆☆2026-08-09 08:30

Italy’s Record-Low Po River Forces Farmers to Consider Switching Crops
Italy’s Record-Low Po River Forces Farmers to Consider Switching Crops

Germany’s trade deficit with China widens as Beijing relies less on European industry

Germany’s trade deficit with China expanded during the first half of 2026, according to preliminary figures. China nevertheless remained Germany’s largest trading partner over the period. The figures were released on Sunday by Germany Trade & Invest, a state-run agency. They also point to Beijing becoming less reliant on European industry.

Macro & central banksTrade & sanctionsCompanies & industryGermanyChinatrade deficitEuropean industry

RReutersOriginal★★★☆☆2026-08-09 06:45

Germany’s trade deficit with China widens as Beijing relies less on European industry
Germany’s trade deficit with China widens as Beijing relies less on European industry

Ghana’s cashew apples find a second life

Cashew apples that have long been left to rot in Ghana could become a new source of income for the country’s cashew farmers. The overlooked fruit is gaining attention for its potential to create additional economic value and support rural livelihoods.

OtherGhanacashewfarm income

AAl JazeeraOriginal★★☆☆☆2026-08-09 04:07

Ghana’s cashew apples find a second life
Ghana’s cashew apples find a second life

China’s producer inflation slows in July, below expectations

Official data showed that China’s producer prices increased for a fifth consecutive month in July. The pace of growth nevertheless slowed and fell short of expectations. Consumer-price inflation also cooled during the month. The data came as global energy prices declined despite tensions between the United States and Iran.

Macro & central banksChina economyproducer pricesinflation

RReutersOriginal★★★☆☆2026-08-09 01:50

China’s producer inflation slows in July, below expectations
China’s producer inflation slows in July, below expectations

EU now faces self-made energy crisis, Russian fund chief says

Kirill Dmitriev, chief executive of the Russian Direct Investment Fund, said the European Union is now facing an energy crisis of its own making. He stressed that the main reason for the crisis is the bloc’s refusal to buy Russian gas. His remarks place the responsibility for Europe’s energy difficulties on its decision to reject those supplies.

Energy & commoditiesEuropean Unionenergy crisisRussian gas

TTASSOriginal★★★★☆2026-08-08 22:23

EU now faces self-made energy crisis, Russian fund chief says

Fintech That Soared on Trump Sells Core Business for $12 Million

A little-known fintech company surged into the spotlight after signing a deal last year with the Trump family’s crypto platform. The agreement helped push its market value above $1 billion. The company has now sold its core business for roughly $12 million. The sale marks a sharp contrast with the valuation it briefly achieved after the deal.

CryptoBanking & financeCompanies & industryfintechTrump familycryptocurrencybusiness sale

BBloomberg NewsOriginal★★☆☆☆2026-08-08 17:30

Fintech That Soared on Trump Sells Core Business for $12 Million
Fintech That Soared on Trump Sells Core Business for $12 Million

Serbia and Ukraine pledge closer economic ties, eye free trade deal

Serbia says it will help rebuild Ukrainian cities and provide aid as cooperation between the two countries deepens. The partners are also looking toward a possible free trade deal. Their commitments point to broader economic ties alongside continued assistance for Ukraine. The announcement frames the relationship as expanding through both reconstruction support and trade discussions.

Macro & central banksTrade & sanctionsCompanies & industrySerbiaUkraineeconomic cooperationfree trade

AAl JazeeraOriginal★★★☆☆2026-08-08 17:05

Serbia and Ukraine pledge closer economic ties, eye free trade deal
Serbia and Ukraine pledge closer economic ties, eye free trade deal

Trump and Warsh Talk About the Economy ‘All the Time,’ Hassett Says

President Donald Trump and Federal Reserve Chairman Kevin Warsh frequently discuss the economy, National Economic Council Director Kevin Hassett says. Hassett characterizes their conversations as happening “all the time.” His remarks center on the regular economic discussions between Trump and Warsh. No policy decision or additional economic measure is identified in the statement.

Macro & central banksDonald TrumpKevin WarshUS economy

BBloomberg NewsOriginal★★★☆☆2026-08-08 14:30

Trump and Warsh Talk About the Economy ‘All the Time,’ Hassett Says
Trump and Warsh Talk About the Economy ‘All the Time,’ Hassett Says

Coffee Drinkers Pay $32 for a Single Cup and a Side of Luxury

A luxury coffee chain expanding across Manhattan is testing whether customers will pay $32 for an 8-ounce cup. The company is betting that this willingness to spend extends beyond New York to consumers in Los Angeles and Chicago. Its offering pairs a single serving of coffee with an upscale experience. The move reflects an effort to make premium coffee a luxury purchase.

Companies & industrycoffeeluxury spendingManhattan

BBloomberg NewsOriginal★★☆☆☆2026-08-08 14:00

Coffee Drinkers Pay $32 for a Single Cup and a Side of Luxury
Coffee Drinkers Pay $32 for a Single Cup and a Side of Luxury

US tech firms gain from historic investment surge as West Coast unemployment remains high

The Bank for International Settlements says America’s technology companies are benefiting from the largest investment surge in history. Many of those firms are headquartered on the West Coast. Yet unemployment across the region is among the highest in the United States. The contrast highlights a gap between booming technology investment and weak regional employment conditions.

Macro & central banksMarketsCompanies & industryTech & AIUS technologyinvestmentWest Coastunemployment

CCNNOriginal★★☆☆☆2026-08-08 13:30

US tech firms gain from historic investment surge as West Coast unemployment remains high

Africa seeks more homegrown solar power, but China’s influence persists

Africa’s largest economies are stepping up efforts to build domestic solar manufacturing capacity. The push is intended to strengthen self-reliance in the energy sector. Yet China’s presence and influence remain a significant factor as African countries pursue greater control over solar production.

Energy & commoditiesCompanies & industryAfricasolar manufacturingenergy self-relianceChina

TThe Associated PressOriginal★★★☆☆2026-08-08 12:00

Africa seeks more homegrown solar power, but China’s influence persists
Africa seeks more homegrown solar power, but China’s influence persists

India warns Diageo over misleading ‘matured in American oak casks’ whisky claim

India’s food safety regulator has warned liquor giant Diageo over the wording used for one of its best-selling whiskies. A confidential government notice says the company misleadingly claimed the whisky was “matured in American oak casks.” Most of the product, the notice indicates, had not actually been matured. The warning challenges the accuracy of the product’s marketing claim.

OtherIndiaDiageowhiskyfood regulation

RReutersOriginal★★★☆☆2026-08-08 11:50

India warns Diageo over misleading ‘matured in American oak casks’ whisky claim
India warns Diageo over misleading ‘matured in American oak casks’ whisky claim

Trump’s Homegrown Solar Push Risks Widening Green Energy Divide

President Donald Trump’s latest effort to shun foreign solar equipment is tied to his campaign to restore US manufacturing strength. The move is intended to build up domestic production capacity. At the same time, it could deepen the rapidly growing divide in green technology between the United States and the rest of the world.

Energy & commoditiesCompanies & industryDonald TrumpUS manufacturingsolar powergreen technology

BBloomberg NewsOriginal★★★☆☆2026-08-08 10:30

Trump’s Homegrown Solar Push Risks Widening Green Energy Divide
Trump’s Homegrown Solar Push Risks Widening Green Energy Divide

Germany eases trucking rules as low rivers hamper freight shipping

Several German states are allowing trucks to use motorways on Sundays and public holidays. The measure comes as low water levels disrupt freight shipping. It is intended to help maintain the movement of goods while waterways are difficult to navigate. Separately, the body of a German sailor who had been missing for several days was found in the southern Aegean. DW reported on both developments.

Trade & sanctionsGermanylow water levelsfreight shippingtrucking rules

DDWOriginal★★★☆☆2026-08-08 10:01

Germany eases trucking rules as low rivers hamper freight shipping
Germany eases trucking rules as low rivers hamper freight shipping

TPG-Backed Firm Seals Blue Carbon Investment Deal With Indonesia

Rubicon Carbon, backed by TPG Inc.’s Rise Climate fund, will provide financing for carbon credit projects in Indonesia. The Southeast Asian nation is seeking to accelerate the supply of carbon credits. It is also pursuing trading agreements with other countries. The deal centers on investment in blue-carbon projects as Indonesia develops its carbon market.

MarketsEnergy & commoditiesCompanies & industryblue carboncarbon creditsIndonesiainvestment

BBloomberg NewsOriginal★★☆☆☆2026-08-08 09:00

TPG-Backed Firm Seals Blue Carbon Investment Deal With Indonesia
TPG-Backed Firm Seals Blue Carbon Investment Deal With Indonesia

Trump Tariffs ‘Tortuous’ for Soybean Trade, Chinese Diplomat Says

A Chinese diplomat said Friday that US President Donald Trump’s trade war with China created a “tortuous experience.” The diplomat said the conflict disrupted soybean flows between the world’s two largest economies. The remarks characterize the trade war as a direct impediment to soybean commerce. They focus on the disruption of agricultural trade between the United States and China.

Energy & commoditiesTrade & sanctionsTrump tariffsUS-China trade warsoybean trade

BBloomberg NewsOriginal★★★★☆2026-08-08 08:00

Trump Tariffs ‘Tortuous’ for Soybean Trade, Chinese Diplomat Says
Trump Tariffs ‘Tortuous’ for Soybean Trade, Chinese Diplomat Says

An Inside Look at the Forces Reshaping Japan

The latest edition of Next Japan offers an inside view of the forces reshaping the country. It examines what may lie ahead for Japanese businesses, markets and consumers. Readers are invited to access the new edition and subscribe to the publication for further coverage of Japan’s changing landscape.

Companies & industryJapanbusinessesmarketsconsumers

BBloomberg NewsOriginal★☆☆☆☆2026-08-08 07:00

An Inside Look at the Forces Reshaping Japan

The $5 Billion Cosmetics Company Behind the High-Flying Rhode Brand

E.L.F. Beauty’s chief executive, Tarang Amin, still appears highly pleased after the company’s most talked-about acquisition to date. He has now been in the role for 12 years. The story examines the $5 billion cosmetics company behind the high-flying Rhode brand and the significance of its latest deal.

Companies & industrycosmeticsacquisitionRhode brand

BBloomberg NewsOriginal★★☆☆☆2026-08-08 06:30

The $5 Billion Cosmetics Company Behind the High-Flying Rhode Brand
The $5 Billion Cosmetics Company Behind the High-Flying Rhode Brand

Trump Touts $3 Billion in Minerals Projects to Counter China

President Donald Trump promoted $3 billion in US investments in critical-minerals mining during a Friday meeting with senior industry executives. The gathering focused on reducing America’s reliance on supply chains dominated by China. Trump presented the projects as part of an effort to expand domestic mining and strengthen the US position in critical minerals. The initiative is aimed at weaning the country away from China-led supply networks.

MarketsTrade & sanctionsDonald Trumpcritical mineralsUS investmentChina supply chains

BBloomberg NewsOriginal★★★☆☆2026-08-08 06:00

Trump Touts $3 Billion in Minerals Projects to Counter China
Trump Touts $3 Billion in Minerals Projects to Counter China

Canada Races to Reach Deal Before Trump’s 50% Tariff Escalates Feud

Canadian negotiators are racing to reach an agreement with the United States before Aug. 19. President Donald Trump has threatened 50% tariffs on a broad range of goods. Canada is warning that imposing the levies would push the trade dispute into an ugly new phase. The deadline is adding urgency to the talks as both sides confront the threat of a sharper confrontation.

Trade & sanctionsCompanies & industryCanadaUnited Statestrade talkstariffs

BBloomberg NewsOriginal★★★★☆2026-08-08 05:00

Canada Races to Reach Deal Before Trump’s 50% Tariff Escalates Feud
Canada Races to Reach Deal Before Trump’s 50% Tariff Escalates Feud

Trump Media Ends Token and Prediction Market Deals With Crypto.com

Trump Media & Technology Group ended its agreement with Crypto.com on Friday, a year after the companies had agreed to create a digital treasury company. That venture was intended to purchase billions of dollars’ worth of Crypto.com’s CRO token. The companies also abandoned a plan to offer prediction-market contracts through the Truth Social network.

CryptoCompanies & industryTrump Mediacryptocurrencyprediction markets

BBloomberg NewsOriginal★★☆☆☆2026-08-08 03:30

Trump Media Ends Token and Prediction Market Deals With Crypto.com
Trump Media Ends Token and Prediction Market Deals With Crypto.com

Brazil Treasury Seeks to Ease Fears of Foreign Bond Sales Surge

Brazil’s government is asking Congress for room to maneuver in international debt markets, not preparing for a flood of overseas bond sales. The Treasury is seeking authorization to issue as much as $35 billion annually in global markets. Treasury Secretary Daniel Leal said in an interview that the request is about flexibility. He sought to reassure investors that it should not be read as a plan for a major wave of foreign borrowing.

MarketsCompanies & industryBrazilTreasuryforeign bondsglobal markets

BBloomberg NewsOriginal★★★☆☆2026-08-08 03:00

Brazil Treasury Seeks to Ease Fears of Foreign Bond Sales Surge
Brazil Treasury Seeks to Ease Fears of Foreign Bond Sales Surge

Some Chinese Iron Ore Buyers Stop Dealing With Radiant World

Several Chinese traders and steel mills have stopped doing business with iron ore traders Radiant World and Sapphire Minmetals Corp., people familiar with the matter said. The move involves multiple buyers in China’s iron ore trade. The people did not provide a reason for the halt or say how long it may last.

Energy & commoditiesTrade & sanctionsCompanies & industryChinairon oretradesteel

BBloomberg NewsOriginal★★☆☆☆2026-08-08 00:30

Some Chinese Iron Ore Buyers Stop Dealing With Radiant World
Some Chinese Iron Ore Buyers Stop Dealing With Radiant World

US to Partially Restart Activities in Mexico’s Avocado Hub

The United States will partially resume activities in Michoacan, Mexico’s leading avocado-producing state. The U.S. embassy said on Friday that the move eases a suspension imposed over security concerns. The pause had disrupted inspections of avocado exports. Michoacan has been affected by persistent violence, making security a central concern for the inspection process.

Trade & sanctionsUnited StatesMexicoMichoacanavocado exports

RReutersOriginal★★★☆☆2026-08-08 00:10

US to Partially Restart Activities in Mexico’s Avocado Hub
US to Partially Restart Activities in Mexico’s Avocado Hub

Ambassador: Russia and Pakistan working to launch first rail cargo route

Russia and Pakistan are working toward launching their first rail cargo route, according to Ambassador Albert Khorev. He said the project is being developed as an opportunity to strengthen rail freight links between the two countries. The possibility of involving Belarus is also under consideration. Work on the proposed route is continuing. No further details about its schedule or design were provided.

Trade & sanctionsRussiaPakistanrail freight

TTASSOriginal★★☆☆☆2026-08-07 23:58

Ambassador: Russia and Pakistan working to launch first rail cargo route

AI Debt Indigestion Forces Wall Street to Rethink Bond Sales

BlackRock sought to raise billions in debt financing for a Meta Platforms data center. The asset manager wanted to avoid investors seeking a quick profit. The difficulty surrounding AI-related debt is now forcing Wall Street to reconsider how bond sales are structured and marketed.

Macro & central banksMarketsCompanies & industryTech & AIAI debtbond salesBlackRockMeta data center

BBloomberg NewsOriginal★★☆☆☆2026-08-07 23:30

AI Debt Indigestion Forces Wall Street to Rethink Bond Sales
AI Debt Indigestion Forces Wall Street to Rethink Bond Sales

Early SpaceX Bet Brings 30% Gain to University of North Carolina Endowment

The University of North Carolina’s endowment management company first invested in SpaceX more than 15 years ago. That early position has since produced a 30% gain for the college endowment. The investment highlights the financial result of backing the space company at an early stage.

Marketscollege endowmentSpaceXinvestment gain

BBloomberg NewsOriginal★★☆☆☆2026-08-07 23:00

Early SpaceX Bet Brings 30% Gain to University of North Carolina Endowment
Early SpaceX Bet Brings 30% Gain to University of North Carolina Endowment