MINUTES
About Minutes
EnglishEspañolУкраїнська日本語简体中文繁體中文
Breaking News Alerts
Text size
AA
Language
EnglishEspañolУкраїнська日本語简体中文繁體中文
MINUTES
About Minutes Content Preferences Settings

Vertical Corridor for gas supplies from Greece to Ukraine remains on paper — politician

Greek politician Panagiotis Lafazanis said the Vertical Corridor intended to move gas from Greece through several European countries to Moldova and Ukraine is not operating in practice. He attributed the difficulties to growing political and economic opposition, and said his party would campaign to lift bans on Russian gas imports.

Energy & commoditiesnatural gasGreeceUkraineRussian energy

TTASSOriginal★★★☆☆2026-08-13 16:29

Vertical Corridor for gas supplies from Greece to Ukraine remains on paper — politician

WorldHegseth says US has assets to sustain Iranian-port blockade without a time limit

The United States has enough military assets to sustain a naval blockade of Iranian ports for an unlimited period, Defense Secretary Pete Hegseth said Thursday. He said ships could be cycled into and out of the region as circumstances require.

United StatesIrannaval blockadePentagon

RReutersOriginal★★★★☆2026-08-13 16:25

Hegseth says US has assets to sustain Iranian-port blockade without a time limit
Hegseth says US has assets to sustain Iranian-port blockade without a time limit
  • Are global oil stocks enough to weather another six months of U.S.-Iran war?
    Are global oil stocks enough to weather another six months of U.S.-Iran war?

    With the U.S.-Iran war dragging on and no end in sight, oil traders and policymakers are confronting a critical question: whether global oil stocks can sustain the market through another six months of conflict.

    U.S.-Iran waroil stocksglobal energy markets

    RReuters★★★★☆2026-08-13 15:05Original
  • Iran says Strait of Hormuz is under its control, rejects Trump claim
    MAJORIran says Strait of Hormuz is under its control, rejects Trump claim

    Iran says the Strait of Hormuz is under its management and control, rejecting President Donald Trump’s claim that the United States has “total control” of the waterway. Iranian officials said vessels need Tehran’s permission to transit and that the strait will not reopen unless the US meets commitments under an interim deal.

    IranStrait of HormuzUnited Statesnaval blockade

    AAl Jazeera★★★★★2026-08-13 14:59Original
  • Iran says Trump ‘lied’ about US control over Strait of Hormuz
    Iran says Trump ‘lied’ about US control over Strait of Hormuz

    Iran on Thursday rejected Donald Trump’s claim that Washington controlled the Strait of Hormuz as “lies and fabrications.” Ebrahim Zolfaghari, spokesperson for Iran’s central military command, said the waterway was fully under Tehran’s control. Trump had said a day earlier that the US had “total control” of the strait.

    IranDonald TrumpStrait of Hormuz

    FFrance 24★★★★☆2026-08-13 14:08Original
  • Iranian forces say they fully control Strait of Hormuz

    Ebrahim Zolfaghari, a spokesman for Iran’s armed forces headquarters, said Iran has full control of the Strait of Hormuz. Iranian television quoted him as saying that no commercial ship or tanker can safely pass without permission and supervision from Iran’s armed forces. Donald Trump said the previous day that the US had “total control” of the strait.

    IranStrait of HormuzUnited Statesshipping

    TTASS★★★★☆2026-08-13 13:25Original
  • US-Iran talks deadlocked as Strait of Hormuz becomes leverage
    MAJORUS-Iran talks deadlocked as Strait of Hormuz becomes leverage

    The US and Iran remain locked in a standoff over the Strait of Hormuz while mediators try to revive talks. Iran rejects Washington’s claim of control and says the waterway will stay closed until its demands on US aggression, reparations and sanctions are met. Shipping has fallen to a one-week low as Iran restricts passage, while the US maintains a naval blockade around Iranian ports.

    United StatesIranStrait of Hormuzblockade

    AAl Jazeera★★★★★2026-08-13 11:56Original
  • Trump Says US Controls Strait of Hormuz, but Iran Sets Conditions for Reopening

    President Donald Trump has repeatedly claimed that the United States controls the Strait of Hormuz. Iran says it will not fully reopen the strait until Washington meets its conditions, while experts say the situation is much more complicated than Trump’s proclamation suggests.

    Strait of HormuzIranUnited StatesDonald Trump

    CCNN★★★★☆2026-08-13 10:00Original

Sales of new hybrid cars in Russia more than double in July, reaching 14,000 units

Gazprombank Autoleasing told TASS that new hybrid-car sales in Russia rose 112% year on year in July to 14,100 units, up 48% from June. Plug-in electric vehicles reached an 11.7% market share. The Geely EX5 hybrid crossover led sales with 2,600 units. An expert said fuel problems boosted demand, but the segment’s rapid growth may be ending.

Companies & industryRussiahybrid carsauto sales

TTASSOriginal★★☆☆☆2026-08-13 15:46

Sales of new hybrid cars in Russia more than double in July, reaching 14,000 units

Wildberries and sellers could face hundreds of billions of rubles in losses from Ukrainian drone attacks

Rebuilding Wildberries warehouses and other infrastructure damaged in Ukrainian drone attacks is estimated to cost 147–223 billion rubles, potentially rising to 169–278.9 billion if buildings must be demolished and sites cleared. Combined losses for the retailer and sellers could reach 600–800 billion rubles. More than 400,000 sellers were affected, with some losing up to 95 percent of their inventory.

MarketsCompanies & industryWildberriesdrone attacksbusiness lossesRussia

MMeduzaOriginal★★★☆☆2026-08-13 15:09

Wildberries and sellers could face hundreds of billions of rubles in losses from Ukrainian drone attacks
Wildberries and sellers could face hundreds of billions of rubles in losses from Ukrainian drone attacks

Is Australia’s buy now, pay later boom at an end?

Australia’s buy now, pay later sector is slowing after rapid expansion. At least eight platforms have exited since 2022, while 2025 reforms requiring credit checks have made instant approvals less appealing. New BNPL account applications fell 35% year on year, though Afterpay, Klarna, PayPal and Zip remain major operators.

Companies & industryAustraliabuy now pay laterconsumer credit

TThe GuardianOriginal★★☆☆☆2026-08-13 15:00

Is Australia’s buy now, pay later boom at an end?
Is Australia’s buy now, pay later boom at an end?

India ready to jointly develop Northern Sea Route with Russia — official

India is prepared to cooperate with Russia on developing the Northern Sea Route and expanding collaboration in shipbuilding and ship repair, according to Venkatesapathy Sivaperumal, a joint secretary at India’s Ministry of Ports, Shipping and Waterways. He said engines and hulls for modern merchant vessels could be built in India.

OtherIndiaRussiaNorthern Sea Routeshipbuilding

TTASSOriginal★★☆☆☆2026-08-13 14:46

India ready to jointly develop Northern Sea Route with Russia — official

US scholar questions assumptions behind ‘China squeeze’ narrative

Columbia historian Adam Tooze argues that the “China squeeze” narrative rests on counterfactual assumptions and a universal model of development rather than observed economic realities. He says domestic factors such as infrastructure, regulation, labor markets and political choices also shape manufacturing prospects. Chinese Foreign Ministry spokesperson Mao Ning likewise rejected the concept as inconsistent with the facts.

Companies & industryChina squeezeGlobal Southmanufacturingeconomic development

CCGTNOriginal★★☆☆☆2026-08-13 14:45

US scholar questions assumptions behind ‘China squeeze’ narrative
US scholar questions assumptions behind ‘China squeeze’ narrative

WorldUkraine attacks key Russian grain terminal at Black Sea port

Ukraine damaged Russia’s grain export terminals in an attack on the port of Novorossiysk, while Russia struck grain infrastructure in Ukraine’s Odesa region. The tit-for-tat attacks between major global grain exporters threaten food security in import-dependent countries on the brink of famine.

UkraineRussiaBlack Sea portfood security

AAl JazeeraOriginal★★★★☆2026-08-13 14:29

Ukraine attacks key Russian grain terminal at Black Sea port
Ukraine attacks key Russian grain terminal at Black Sea port
  • Ukrainian farmers declare critical situation as Black Sea ports shut

    Sergey Rybalko of the All-Ukrainian Agrarian Council says the halt in maritime transport has left farmers unable to sell their harvest or secure funds for seasonal work. Ukraine’s agricultural exports could fall from more than 4 million tons a month to 2-2.5 million, and possibly 500,000 tons next month. Storage capacity could be exhausted by October, putting over 9 million tons of grain and oilseeds at risk.

    Ukraine agricultureBlack Sea portsgrain exportsfarmer aid

    TTASS★★★★☆2026-08-13 13:03Original

Gazprom: European gas storage reserves 13.4 bcm below last year

Gazprom says gas reserves in European underground storage facilities are 13.4 billion cubic meters below last year’s level, with replenishment proceeding extremely slowly. The gap has widened by 1.4 billion cubic meters since the start of August. In the Baltics, withdrawals from the Incukalns facility have continued since August 3, leaving it 45.5% full.

Energy & commoditiesEuropean gasunderground storageGazprom

TTASSOriginal★★★☆☆2026-08-13 14:06

Gazprom: European gas storage reserves 13.4 bcm below last year

Norway’s mighty wealth fund warns of erosion in shareholder rights

Norway’s $2.3 trillion sovereign wealth fund is voicing concern over what it sees as a continuing weakening of shareholder rights in major markets. It warns that regulation is increasingly favouring company founders and insiders over independent investors.

MarketsNorwaysovereign wealth fundshareholder rights

RReutersOriginal★★☆☆☆2026-08-13 13:35

Norway’s mighty wealth fund warns of erosion in shareholder rights
Norway’s mighty wealth fund warns of erosion in shareholder rights

India could become main buyer of Arctic LNG on Northern Sea Route, expert says

India could become the main buyer of Arctic LNG shipped through the Northern Sea Route, Arctic Development Project Office official Yekaterina Serova said. She said the route’s cargo mix matches India’s demand, with LNG accounting for more than a third of traffic.

Energy & commoditiesIndiaNorthern Sea RouteArctic LNG

TTASSOriginal★★☆☆☆2026-08-13 13:18

India could become main buyer of Arctic LNG on Northern Sea Route, expert says

Zhipu AI and 32 other Chinese stocks added to key MSCI index

MSCI has added 33 Chinese companies, including AI firm Zhipu AI, to its MSCI China Index. The changes take effect after the August 31 market close, prompting passive funds that track the benchmark to rebalance. Analysts say the move highlights the growing influence of Chinese technology and hard-tech companies in global indexes.

MarketsTech & AIMSCIZhipu AIChinese stocksartificial intelligence

CCGTNOriginal★★☆☆☆2026-08-13 13:15

Zhipu AI and 32 other Chinese stocks added to key MSCI index
Zhipu AI and 32 other Chinese stocks added to key MSCI index

Lenovo revenue jumps 43% as AI boom fuels growth

Lenovo reported quarterly revenue of $26.94 billion, up 43% and ahead of forecasts, sending its shares 22% higher. AI-related revenue rose 60% to $9.3 billion, while its AI server pipeline grew 157% quarter-on-quarter to $54 billion. The company said it had successfully managed memory-chip shortages and costs, and has raised PC prices twice this year.

Energy & commoditiesCompanies & industryTech & AILenovoAIPC marketmemory chips

CCGTNOriginal★★★☆☆2026-08-13 13:06

Lenovo revenue jumps 43% as AI boom fuels growth
Lenovo revenue jumps 43% as AI boom fuels growth

US weekly jobless claims rise moderately, pointing to a stable labor market

The number of Americans seeking unemployment benefits rose moderately last week, indicating that the labor market remains stable despite an unexpected drop in jobs in July.

Macro & central banksUS economyjobless claimslabor market

RReutersOriginal★★★☆☆2026-08-13 12:45

US weekly jobless claims rise moderately, pointing to a stable labor market
US weekly jobless claims rise moderately, pointing to a stable labor market

Rosatom ready for talks with Hungary’s new government on Paks-2 plant

Rosatom CEO Alexey Likhachev says the Russian state corporation is ready to discuss the Paks-2 nuclear power plant with Hungary’s new government, although it has received no inquiries from Russian nuclear specialists so far. He warns that revising key project parameters could delay commissioning and require a fundamental overhaul of its financial model.

Energy & commoditiesRosatomHungaryPaks-2energy security

TTASSOriginal★★★☆☆2026-08-13 12:34

Rosatom ready for talks with Hungary’s new government on Paks-2 plant

What’s the real price of decoupling from China?

Western countries seeking to separate from China’s supply chains could incur an estimated additional $23.6 trillion in costs by 2050. China accounts for nearly 30% of global manufacturing value added and remains central to key new-energy materials, prompting calls to pursue mutual benefit rather than barriers.

Energy & commoditiesTrade & sanctionsCompanies & industryChina supply chainseconomic decouplingmanufacturingnew energy

CChina News ServiceOriginal★★★★☆2026-08-13 12:27

What’s the real price of decoupling from China?

Thoma Bravo to take Accelerant private in deal worth more than $4 billion

Accelerant said private equity firm Thoma Bravo will take the insurance marketplace private through an all-cash transaction valued at more than $4 billion, just over a year after the company listed in New York.

MarketsBanking & financeCompanies & industryprivate equityinsurance marketplacetake-private deal

RReutersOriginal★★☆☆☆2026-08-13 12:01

Thoma Bravo to take Accelerant private in deal worth more than $4 billion
Thoma Bravo to take Accelerant private in deal worth more than $4 billion

Five charts explain the high cost of living in the UK

Prime Minister Andy Burnham is touring the UK to hear people’s financial concerns as living costs rise. Inflation stood at 2.8 percent in June, while energy and fuel prices pushed up household bills. Lower-income households are bearing the brunt, with 7.4 million unable to afford essentials this year.

Macro & central banksEnergy & commoditiesUKcost of livinginflationenergy prices

AAl JazeeraOriginal★★★☆☆2026-08-13 11:57

Five charts explain the high cost of living in the UK
Five charts explain the high cost of living in the UK

Antwerp diamond sector rejects link between Trump ring and tariff exemption

Antwerp’s diamond sector has rejected allegations that an 18-carat gold ring set with 321 diamonds, recently gifted to U.S. President Donald Trump, was linked to Europe’s diamond industry receiving an exemption from new tariffs weeks later.

Trade & sanctionsCompanies & industryAntwerpdiamond industryDonald Trumptariffs

RReutersOriginal★★☆☆☆2026-08-13 11:25

Antwerp diamond sector rejects link between Trump ring and tariff exemption
Antwerp diamond sector rejects link between Trump ring and tariff exemption

Thailand’s second-quarter growth seen slowing sharply as weak consumption weighs

Thailand’s economic growth is expected to have slowed sharply in the second quarter, with the economy contracting from the previous quarter, a Reuters poll of economists found. Weak household consumption outweighed support from exports and private investment.

Macro & central banksTrade & sanctionsThailand economyeconomic growthconsumptionexports

RReutersOriginal★★★☆☆2026-08-13 11:05

Thailand’s second-quarter growth seen slowing sharply as weak consumption weighs
Thailand’s second-quarter growth seen slowing sharply as weak consumption weighs

The $109 Billion Fund Behind Novo Says US Renewables Are Now ‘Much More Attractive’

The $109 billion investment fund behind Novo Nordisk has returned to full activity after reducing allocations earlier this year. Its chief executive says the fund is seeking opportunities in a US market that has become attractively priced.

MarketsEnergy & commoditiesUS renewablesinvestment fundNovo Nordisk

BBloomberg NewsOriginal★★☆☆☆2026-08-13 11:00

The $109 Billion Fund Behind Novo Says US Renewables Are Now ‘Much More Attractive’
The $109 Billion Fund Behind Novo Says US Renewables Are Now ‘Much More Attractive’

Russia, Malaysia to jointly participate in advanced development territories in Far East

Russia and Malaysia have agreed to expand cooperation between special economic zones, including joint participation in international advanced development territories in Russia’s Far East. The countries are also focusing on trade and investment, agriculture, energy, tourism, cultural exchanges, science and education.

Macro & central banksRussiaMalaysiaspecial economic zonesFar East

TTASSOriginal★★☆☆☆2026-08-13 10:16

Russia, Malaysia to jointly participate in advanced development territories in Far East

Singapore Studies $500 Million Fund to Climate-Proof Food System

Singapore, which imports more than 90% of its food, is considering a proposal to raise about $500 million for a fund aimed at strengthening climate resilience across Southeast Asia’s supply chains.

OtherSingaporefood securityclimate resilience

BBloomberg NewsOriginal★★☆☆☆2026-08-13 10:00

Singapore Studies $500 Million Fund to Climate-Proof Food System
Singapore Studies $500 Million Fund to Climate-Proof Food System

Russia’s new luxury-car market grows for seventh straight month — Autostat

Russia sold 75 new luxury cars in July, up 3% from a year earlier and 17% from June, according to Autostat. Rolls-Royce led brands with 27 vehicles, followed by Bentley with 23 and Lamborghini with 18. January–July sales rose 13% year on year to 444 cars.

Companies & industryRussialuxury carsauto sales

TTASSOriginal★★☆☆☆2026-08-13 09:48

Russia’s new luxury-car market grows for seventh straight month — Autostat

WorldRussia-China partnership is not bloc-based or confrontational, envoys say

Russian and Chinese ambassadors to Japan Nikolay Nozdrev and Wu Jianghao said the two countries’ partnership is neither bloc-based nor confrontational and is not aimed at third countries. They said it differs from Cold War military-political alliances and supports a fair, orderly multipolar world based on balanced interests.

Russia-China relationsmultipolar worlddiplomacy

TTASSOriginal★★★★☆2026-08-13 09:24

Russia-China partnership is not bloc-based or confrontational, envoys say
  • Russia-China cooperation is main stabilizing factor in global relations — envoys

    The Russian and Chinese ambassadors to Japan said the two countries share aligned positions on key issues shaping the global order. As permanent members of the UN Security Council, they uphold the UN Charter’s purposes and principles, while cooperation between Moscow and Beijing provides major stability amid geopolitical rivalry and tensions driven by hegemonic and neocolonial policies, they said.

    RussiaChinainternational relationsUN Charter

    TTASS★★★★☆2026-08-13 09:14Original
  • Russia-China cooperation reaches highest level thanks to Putin, Xi Jinping — envoys

    Russian and Chinese ambassadors to Japan Nikolay Nozdrev and Wu Jianghao say bilateral cooperation has reached its highest level and continues to advance steadily through the efforts of Vladimir Putin and Xi Jinping. They say the relationship has withstood time and external pressure, while Moscow and Beijing move to deepen cooperation and shape a fairer, more multipolar world order.

    Russia-China relationsbilateral cooperationVladimir PutinXi Jinping

    TTASS★★★★☆2026-08-13 09:04Original
  • Russia-China economic ties show resilience amid external pressure, envoys say

    Russian Ambassador Nikolay Nozdrev and Chinese Ambassador Wu Jianghao to Japan said in a joint article that trade and economic cooperation between Moscow and Beijing remains resilient despite adverse external factors. Bilateral trade has grown more than thirtyfold in 25 years, exceeding $200 billion for several consecutive years, while the countries plan further joint projects and cooperation in digital innovation and artificial intelligence.

    RussiaChinatradeeconomic cooperation

    TTASS★★★★☆2026-08-13 08:56Original

Three Gorges Dam shipping throughput reaches 100 million metric tons in 2026

Shipping throughput through the Three Gorges Dam on the Yangtze River reached 100 million metric tons by 12:40 a.m. Thursday, the Three Gorges Navigation Authority said. Locks handled 97.276 million tons across 21,562 passages, while the ship lift handled 2.724 million tons across 2,590 passages and 446,000 passenger trips.

Trade & sanctionsThree Gorges DamYangtze Rivershipping throughput

CChina News ServiceOriginal★★☆☆☆2026-08-13 08:54

Three Gorges Dam shipping throughput reaches 100 million metric tons in 2026

Guangdong issues 2.5 bln yuan offshore RMB bonds in Macao

Guangdong's provincial government issued 2.5 billion yuan in offshore RMB local government bonds in Macao. The three tranches comprise Hengqin construction-themed, green and blue bonds. Orders peaked at 23.2 billion yuan, producing a record 9.28-times oversubscription for a Macao bond issue. Proceeds will fund Hengqin infrastructure and green and blue development in the Greater Bay Area.

MarketsGuangdongMacaooffshore RMB bondsgreen bonds

CChina News ServiceOriginal★★★☆☆2026-08-13 08:49

Guangdong issues 2.5 bln yuan offshore RMB bonds in Macao

China’s zero-tariff policy for 53 African nations saves $106.6 million at Guangzhou Customs

China’s zero-tariff policy for the 53 African countries with which it has diplomatic ties generated more than 730 million yuan ($106.6 million) in import savings at Guangzhou Customs during its first three months. From May 1 to July 31, eligible imports exceeded 730 million yuan and tariff reductions surpassed 80 million yuan. Guangzhou Customs’ trade with African countries rose 25.3% year on year in the first half of the year.

Trade & sanctionsChina-Africa tradezero tariffsGuangzhou Customs

CChina News ServiceOriginal★★★☆☆2026-08-13 08:33

China’s zero-tariff policy for 53 African nations saves $106.6 million at Guangzhou Customs

China extends anti-dumping duties on Indian optical fiber for five years

China will keep anti-dumping duties on imports of single-mode optical fiber from India for another five years from August 14, 2026, the Ministry of Commerce said. The decision followed a review launched in August 2025 at the request of China’s domestic industry.

OtherChinaIndiaanti-dumping dutiesoptical fiber

CCGTNOriginal★★★☆☆2026-08-13 08:25

China extends anti-dumping duties on Indian optical fiber for five years
China extends anti-dumping duties on Indian optical fiber for five years

More than 2,000 fabric suppliers gather at Zhejiang home textiles expo

More than 2,000 fabric suppliers are taking part in a three-day home textiles exhibition that opened in Keqiao, Zhejiang. The dual-venue event showcases curtains, wall coverings and other products, along with AI design tools that create realistic home décor images from photos.

Tech & AIhome textilesKeqiaofabric suppliersAI design

CChina News ServiceOriginal★★☆☆☆2026-08-13 08:07

More than 2,000 fabric suppliers gather at Zhejiang home textiles expo

Russian stocks fall as main trading session opens

Russian stocks declined at the start of Thursday’s main trading session, with the MOEX and RTS indices each down 0.32% at 2,294.07 and 870.72 points. Their losses later widened to 0.56%, while the yuan rose to 12.388 rubles.

MarketsRussian stocksMOEX IndexRTS Indexyuan-ruble exchange rate

TTASSOriginal★★☆☆☆2026-08-13 08:03

Russian stocks fall as main trading session opens

400,000-DWT ore carrier berths at Zhanjiang Port

The 400,000-DWT Marshall Islands-flagged VLOC Saham berthed at Zhanjiang Port in Guangdong on Wednesday with an iron ore cargo under maritime escort. Authorities used remote-control systems, drone patrols and escort vessels, along with temporary one-way traffic controls, to support a safe arrival and the steel industry chain.

Energy & commoditiesTrade & sanctionsCompanies & industryZhanjiang Portore carrieriron oresteel industry

CChina News ServiceOriginal★★☆☆☆2026-08-13 07:59

400,000-DWT ore carrier berths at Zhanjiang Port

Russia-Malaysia trade turnover rose 13% in 2025, minister says

Bilateral trade between Russia and Malaysia increased 13% in 2025 to more than $3.6 billion, Russian Minister of Science and Higher Education Valery Falkov said. He added that businesses in both countries are showing greater interest in expanding trade ties and called for efforts to secure sustainable growth. The countries’ joint commission is also discussing investment, energy, tourism, culture, science and education.

Macro & central banksTrade & sanctionsRussiaMalaysiabilateral tradeeconomic cooperation

TTASSOriginal★★★☆☆2026-08-13 07:42

Russia-Malaysia trade turnover rose 13% in 2025, minister says

From trade to value chains: China, ASEAN deepen industrial cooperation

Chinese companies are expanding in ASEAN beyond exports into investment, local production, technology cooperation and regional operations. Bilateral trade reached 4.34 trillion yuan in the first half of 2026, up 18.2 percent year on year. An expert’s “ASEAN Synergy” concept calls for countries to use complementary strengths across value chains, while China-Malaysia cooperation could broaden into AI, innovation and talent development.

Trade & sanctionsCompanies & industryChinaASEANindustrial cooperationvalue chains

CCGTNOriginal★★★☆☆2026-08-13 06:37

From trade to value chains: China, ASEAN deepen industrial cooperation
From trade to value chains: China, ASEAN deepen industrial cooperation

EXCLUSIVE: Emails show Indian carmakers worried about fuel contamination before withdrawing complaint

Hours after India publicly assured consumers last week that ethanol-blended petrol was safe, the country’s main auto industry group withdrew a fuel-contamination complaint it had sent to the government a week earlier. The group said some figures required further checks.

Energy & commoditiesCompanies & industryIndiaethanol-blended petrolautomotive industryfuel contamination

RReutersOriginal★★★☆☆2026-08-13 06:10

EXCLUSIVE: Emails show Indian carmakers worried about fuel contamination before withdrawing complaint
EXCLUSIVE: Emails show Indian carmakers worried about fuel contamination before withdrawing complaint

Nicaragua national pavilion opens in central China

Nicaragua’s national pavilion opened Wednesday in Wuhan, Hubei Province, as the first specialty venue in China authorized by its embassy to display Nicaraguan products and culture. The China (Hubei)-Nicaragua Economic and Trade Cooperation Center was also established to advance cooperation in areas including agricultural products and new energy.

Macro & central banksNicaraguaWuhaneconomic cooperationcultural exchange

CChina News ServiceOriginal★★☆☆☆2026-08-13 05:53

Nicaragua national pavilion opens in central China

Australia’s largest aluminium smelter secures $2.5bn bailout to switch to renewables

Rio Tinto has agreed a $2.5bn subsidy package with Australia’s federal and New South Wales governments to prevent the possible closure of the Tomago aluminium smelter. A 10-year below-market power guarantee will begin after its coal-focused contract ends in December 2028, with the plant set to run entirely on renewable energy by 2033.

Energy & commoditiesRio Tintoaluminium smelterrenewable energyAustralia

TThe GuardianOriginal★★★☆☆2026-08-13 05:00

Australia’s largest aluminium smelter secures $2.5bn bailout to switch to renewables
Australia’s largest aluminium smelter secures $2.5bn bailout to switch to renewables
  • Rio Tinto Aluminum Smelter Gets $1.8 Billion Australian Bailout
    Rio Tinto Aluminum Smelter Gets $1.8 Billion Australian Bailout

    The owners of Australia’s largest aluminum smelter, including Rio Tinto Group, have won A$2.5 billion ($1.8 billion) in government support to keep the facility running while dealing with elevated energy costs.

    Rio Tintoaluminum smelterAustraliagovernment bailout

    BBloomberg News★★★☆☆2026-08-13 03:00Original

Treasury Wine swings to annual loss amid US business writedowns

Australia’s Treasury Wine Estates reported an annual loss on Thursday after taking writedowns in its U.S. business. It said 2027 earnings should be at least in line with the previous year, while its shares fell in volatile trading.

Companies & industryTreasury Wine EstatesUS businessannual loss

RReutersOriginal★★☆☆☆2026-08-13 03:50

Treasury Wine swings to annual loss amid US business writedowns
Treasury Wine swings to annual loss amid US business writedowns

Japan’s wholesale inflation stays high, strengthening September BOJ hike expectations

Japan’s annual wholesale inflation remained elevated in July, data showed, pointing to widening price pressures and strengthening market expectations that the Bank of Japan will raise interest rates in September.

Macro & central banksJapanwholesale inflationBank of Japanrate hike expectations

RReutersOriginal★★★☆☆2026-08-13 03:40

Japan’s wholesale inflation stays high, strengthening September BOJ hike expectations
Japan’s wholesale inflation stays high, strengthening September BOJ hike expectations

Jakarta-Bandung high-speed railway posts 99.4% on-time departure rate in H1

The Jakarta-Bandung High-Speed Railway recorded a 99.4% on-time departure rate in the first half of the year, with 10,574 of 10,640 services leaving on schedule, operator KCIC said. Average customer satisfaction was 95.79%, while punctuality satisfaction reached 98.27%.

Macro & central banksJakarta-Bandung high-speed railwayrailway operationspunctuality

CChina News ServiceOriginal★★☆☆☆2026-08-13 03:33

Jakarta-Bandung high-speed railway posts 99.4% on-time departure rate in H1

Venezuela looks to UK-held gold for reconstruction as inflation surges

Venezuelan authorities plan to prioritize reconstruction and recover gold reserves estimated at $4 billion that are held in underground Bank of England vaults, National Assembly chief Jorge Rodriguez said on Wednesday. Monthly inflation has surged to 20%.

Macro & central banksEnergy & commoditiesVenezuelagold reservesreconstructioninflation

RReutersOriginal★★★☆☆2026-08-13 02:01

Venezuela looks to UK-held gold for reconstruction as inflation surges
Venezuela looks to UK-held gold for reconstruction as inflation surges

A greener path: Green industries unleash new growth momentum

China’s green transition is accelerating as renewable energy expands and ecological resources gain new routes to economic value. The Ecological and Environmental Code, due to take effect on August 15, will provide stronger legal backing. Wind and solar capacity reached 1.84 billion kilowatts by the end of 2025, while Inner Mongolia’s renewable bases are also supporting equipment manufacturing and related industries.

Macro & central banksEnergy & commoditiesCompanies & industrygreen transitionrenewable energyecological economy

CCGTNOriginal★★★☆☆2026-08-13 01:40

A greener path: Green industries unleash new growth momentum
A greener path: Green industries unleash new growth momentum

Telstra CEO gets $700,000 pay rise to $6.8m despite nationwide outage

Telstra paid CEO Vicki Brady $6.8m for the year to June after cutting 20% of her bonus over a July outage that affected millions. More than 30,000 customers have sought compensation, while the company says regulatory outcomes and financial consequences remain uncertain. Senior executives’ bonuses were cut by a combined $1.3m.

Companies & industryTelstraexecutive paynetwork outageAustralia

TThe GuardianOriginal★★★☆☆2026-08-13 01:37

Telstra CEO gets $700,000 pay rise to $6.8m despite nationwide outage
Telstra CEO gets $700,000 pay rise to $6.8m despite nationwide outage

Asian stocks rise as US inflation data dents September Fed hike bets

Asian stocks climbed on Thursday after U.S. inflation matched expectations, reducing bets on another Federal Reserve rate hike in the near term. Oil stayed near $80 a barrel as Washington and Tehran remained deadlocked over efforts to end the Gulf war.

Macro & central banksMarketsEnergy & commoditiesAsian stocksUS inflationFederal Reserveoil prices

RReutersOriginal★★★☆☆2026-08-13 01:10

Asian stocks rise as US inflation data dents September Fed hike bets
Asian stocks rise as US inflation data dents September Fed hike bets

India drives global growth in planned coal mining capacity, report says

India nearly doubled its planned coal mining capacity in 2025, according to a report from Global Energy Monitor. The increase helped drive a worldwide rise in proposed coal mine developments. The report presents India’s expansion as a major factor behind the growth in planned mining capacity globally. It focuses on proposed projects rather than current coal production.

Energy & commoditiesIndiacoal miningenergyGlobal Energy Monitor

RReutersOriginal★★★☆☆2026-08-13 00:20

India drives global growth in planned coal mining capacity, report says
India drives global growth in planned coal mining capacity, report says

Global EV sales rise in July as Europe offsets weakness in China and North America

Global demand for electric vehicles increased for a fifth straight month in July, according to data from Benchmark Mineral Intelligence. Strong growth in Europe powered the overall rise. Sales were weaker in both China and North America. European expansion offset the softer performance in those two markets.

Companies & industryelectric vehiclesglobal salesEuropeChina

RReutersOriginal★★★☆☆2026-08-12 23:25

Global EV sales rise in July as Europe offsets weakness in China and North America
Global EV sales rise in July as Europe offsets weakness in China and North America

EXCLUSIVE: Ford to shift production of some Lincoln models from China to the US in 2030

Ford plans to relocate production of some Lincoln models from China to the United States in 2030. The automaker’s CEO said the decision would be difficult, but necessary to reinforce the foundation of U.S. auto manufacturing. The move involves Lincoln vehicles and was disclosed to Reuters on Wednesday.

Companies & industryFordLincolnauto manufacturingproduction shift

RReutersOriginal★★★☆☆2026-08-12 22:30

EXCLUSIVE: Ford to shift production of some Lincoln models from China to the US in 2030
EXCLUSIVE: Ford to shift production of some Lincoln models from China to the US in 2030

US Homebuyers Are Feeling Priced Out. Are You One of Them?

Home prices throughout the United States are continuing to surge, increasing frustration among both prospective buyers and renters. The rising costs are making it harder for people to afford housing. Reporters are asking those affected by these prices to share their experiences. Their accounts will help illustrate how the market is affecting households across the country.

Real EstateUS housinghome priceshomebuyershousing affordability

BBloomberg NewsOriginal★★★☆☆2026-08-12 22:30

US Homebuyers Are Feeling Priced Out. Are You One of Them?
US Homebuyers Are Feeling Priced Out. Are You One of Them?

Ignore the doomsayers: property investing in Australia is far from broken

Applications for investor loans have declined since the beginning of the year, but the downturn already seems to be reversing. Warnings that the government’s tax changes will destroy property investment may be overstated. Commonwealth Bank, Australia’s largest mortgage lender, reported a bumper $11bn full-year cash profit on Wednesday. Strong demand for its lending products, particularly mortgages, helped underpin the result. The property market has taken a knock, but the article argues it remains well short of collapse.

MarketsBanking & financeReal EstateAustralian propertyproperty investmentmortgagesCommonwealth Bank

TThe GuardianOriginal★★☆☆☆2026-08-12 22:24

Ignore the doomsayers: property investing in Australia is far from broken
Ignore the doomsayers: property investing in Australia is far from broken

Bond Traders Keep September Fed Hike Wager Near a Coin Toss After CPI

A $42 billion sale of 10-year US Treasury notes produced the benchmark securities’ highest yield since 2007. Investors still showed decent demand at the auction, even as they sought greater compensation for financing the US government. After the consumer-price data, bond traders continued to treat a September Federal Reserve rate increase as roughly a coin toss. The auction highlighted pressure for higher returns in government debt markets.

Macro & central banksMarketsUS TreasuriesFederal Reservebond market

BBloomberg NewsOriginal★★★☆☆2026-08-12 21:30

Bond Traders Keep September Fed Hike Wager Near a Coin Toss After CPI
Bond Traders Keep September Fed Hike Wager Near a Coin Toss After CPI

American Airlines reshuffles leadership as CEO faces pressure over profit gap

American Airlines is restructuring its senior management. The changes widen oversight across the carrier’s commercial and operations teams. A former Spirit Airlines executive will take charge of technical operations. CEO Robert Isom is under pressure to narrow American’s profit gap with rival airlines.

Companies & industryAmerican Airlinesleadership reshuffleairlinesprofit gap

RReutersOriginal★★☆☆☆2026-08-12 21:05

American Airlines reshuffles leadership as CEO faces pressure over profit gap
American Airlines reshuffles leadership as CEO faces pressure over profit gap

Lakers Owner Walter Seeks Cash to Pay Down Loans Amid DOJ Probe

Billionaire Mark Walter’s firm is negotiating with investors to raise funds. The money would help repay loans held on the books of its insurers. People familiar with the matter said the loans have attracted scrutiny from the Justice Department. The talks point to an effort to reduce pressure from those debts.

Banking & financeCompanies & industryMark WalterLos Angeles LakersloansDOJ probe

BBloomberg NewsOriginal★★☆☆☆2026-08-12 21:00

Lakers Owner Walter Seeks Cash to Pay Down Loans Amid DOJ Probe
Lakers Owner Walter Seeks Cash to Pay Down Loans Amid DOJ Probe

Canada unhappy with latest US offer to lower tariffs, CBC reports

Canadian officials are trying to persuade Washington not to impose additional tariffs next week. CBC News, citing two sources, reported that Canadian officials are unhappy with the latest U.S. proposal to ease the measures. The report was published on Wednesday.

Trade & sanctionsCanadaUnited Statestariffstrade talks

RReutersOriginal★★★★☆2026-08-12 20:30

Canada unhappy with latest US offer to lower tariffs, CBC reports
Canada unhappy with latest US offer to lower tariffs, CBC reports

The Trends Dominating the Luxury Real Estate Market in 2026

A new report from Sotheby’s International Realty says wealthy buyers are prioritizing privacy more than ever. At the same time, they are not abandoning New York City. The findings highlight privacy and continued interest in New York as defining trends in the 2026 luxury real estate market.

Companies & industryReal Estateluxury real estateprivacyNew York City

BBloomberg NewsOriginal★★☆☆☆2026-08-12 20:30

The Trends Dominating the Luxury Real Estate Market in 2026
The Trends Dominating the Luxury Real Estate Market in 2026
Back to latestOlder items