China’s industrial output growth slowed in July, while retail sales increased less than forecast. The figures point to pressure from weak domestic demand, disruptions caused by extreme weather and the fading impact of state measures intended to lift consumption.
R
ReutersOriginal★★★★☆2026-08-17 07:25
A morning look at the day ahead in European and global markets, focusing on whether consumers could keep the Federal Reserve on hold while Japan raises rates.
RReutersOriginal★★☆☆☆2026-08-17 04:40
The 2026 Zhanjiang Fishing Season Launch Ceremony and “Zhanpin” brand exhibition opened Sunday, with 5.05 billion yuan in agreements signed across the marine fishery industry chain. Zhanjiang’s marine fishery chain output exceeds 100 billion yuan, and the city has 40 marine ranching projects in reserve.
C
China News ServiceOriginal★★☆☆☆2026-08-17 03:14
Government data showed Japan’s economy grew more slowly than expected in April-June. Weak household spending and business investment partly offset the boost from strong exports.
RReutersOriginal★★★☆☆2026-08-17 02:20
Japan’s economy grew at an annualised 1.1% rate in the April-June quarter, government data showed, falling short of the 2.0% median market forecast.
British employers remain hesitant to recruit, while confidence is close to its weakest level outside the COVID-19 pandemic, according to a Monday survey by the Chartered Institute of Personnel and Development.
RReutersOriginal★★★☆☆2026-08-17 01:40
Burgers are surging in popularity in China as budget-conscious diners and smaller households make the sandwich a hot fast-food battleground. Global restaurant chains, hotpot operators and coffee brands are all competing for a share.
RReutersOriginal★★☆☆☆2026-08-17 00:30
New Zealand’s a2 Milk said on Monday that its full-year profit fell 44%, weighed down by lower revenue from its key China-label infant formula product. Temporary supply-chain disruptions had restricted the product’s availability.
RReutersOriginal★★☆☆☆2026-08-16 21:10
Western sanctions have increased business representatives’ interest in networking at major international events in Russia, Kremlin aide and Eastern Economic Forum organizing committee executive secretary Anton Kobyakov said. He said executives and company representatives from more than 100 countries can meet counterparts at industry events. The 2026 forum is scheduled for September 1–4 in Vladivostok.
T
TASSOriginal★★☆☆☆2026-08-16 18:04
Yiwu International Trade Market in Zhejiang has drawn growing numbers of overseas buyers and tourists this summer. In the first half of 2026, it averaged 294,000 visits a day, including 12,000 overseas visitors. Robots, AI products and innovative consumer goods highlight the city’s fast-moving manufacturing and ability to respond to global demand.
C
CGTNOriginal★★☆☆☆2026-08-16 13:01
Russian presidential aide Anton Kobyakov said Western companies’ return to Russia should involve pragmatic partnerships and transfers of technologies the country needs. He cited joint ventures, concessions, specialist recruitment and equal, mutually beneficial cooperation in research and complex processing as possible models.
TTASSOriginal★★★☆☆2026-08-16 10:10
About half of Europe’s land is experiencing drought, with water levels falling from the Danube to the Rhine. The Global Drought Observatory says conditions have worsened across Central and Western Europe since summer began, while the European Commission’s Joint Research Centre reports record-low levels in the Loire, Po, Rhine and Danube. Satellite imagery shows wider exposed riverbeds, declining soil moisture and yellowing urban green spaces.
AAl JazeeraOriginal★★★★☆2026-08-16 07:46
Europe’s heatwaves are highlighting a shortfall in insurance coverage as business losses grow. For more than a century, cafes in Padua, Italy, have served aperitivo in the early evening, inviting customers to sit outdoors and socialise before dinner.
German companies sharply reduced their investments in the United States to a three-year low in the first half of 2026, as policies from the Trump administration fueled uncertainty between the transatlantic trading partners.
RReutersOriginal★★★☆☆2026-08-16 07:35
An SEC disclosure lists a new 1% Vista holding for Palantir co-founder Peter Thiel. Vista is among the largest oil companies operating in Argentina’s Vaca Muerta shale formation.
RReutersOriginal★★☆☆☆2026-08-16 06:50
Anton Kobyakov, an adviser to the Russian president and executive secretary of the Eastern Economic Forum’s organizing committee, said delegations from China, India, Japan, the UAE, Bangladesh and other countries have confirmed attendance. The forum will take place in Vladivostok on September 1-4.
TTASSOriginal★★☆☆☆2026-08-15 19:45
The US will begin collecting tariffs Saturday on imported quartz slabs used in countertops, backsplashes and bathroom tiles. The measure has divided the industry between critics who foresee greater pressure on consumers and supporters who say protection will generate jobs.
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Bloomberg NewsOriginal★★★☆☆2026-08-15 11:30
Hours after the Trump administration launched its latest tariff scheme on July 24, the same small businesses that had defeated earlier White House tariff measures, including at the Supreme Court, sued the government again. The companies are emerging as the public face of small-business resistance to tariffs.
BBloomberg NewsOriginal★★★☆☆2026-08-15 08:00
Harvard Management Co. disclosed a $2.2 billion stake in SpaceX, showing that the university’s endowment has profited from an early investment in Elon Musk’s giant rocket company.
BBloomberg NewsOriginal★★☆☆☆2026-08-15 04:30
Anthropic is preparing for what could be one of the largest IPOs on record. Sources say Wall Street is valuing the AI company unusually far ahead, basing its assessment on a forecast that its 2028 revenue could reach $190 billion to $200 billion.
RReutersOriginal★★☆☆☆2026-08-15 00:30
A sharp stock decline and a series of setbacks have brought new scrutiny to billionaire Mat Ishbia’s mortgage company, prompting him to respond directly to his critics.
BBloomberg NewsOriginal★★☆☆☆2026-08-14 23:30
The Justice Department and a US financial regulator are investigating transactions involving private firm Radiant World, which has rapidly become one of the world’s largest iron ore traders, people familiar with the matter said.
BBloomberg NewsOriginal★★☆☆☆2026-08-14 23:00
US retail sales dropped in July by the largest amount in more than a year as consumers cut back on purchases from online stores and auto dealers.
BBloomberg NewsOriginal★★★☆☆2026-08-14 21:00
U.S. retail sales fell in July for the first time in nine months as the boost from large tax refunds faded, pointing to a marked slowdown in consumer spending at the start of the third quarter.
The Commerce Department said Friday that US retail sales dropped 0.6% in July from the previous month, marking the sharpest decline since May 2025.
US shoppers unexpectedly reduced spending in July as the lift from government tax refunds weakened. Commerce Department data showed retail sales fell 0.6% last month, the largest decline since May 2025, after a revised 0.2% gain.
A national US banking regulator on Friday conditionally approved a bank charter application tied to President Donald Trump and his family’s crypto venture, World Liberty Financial, effectively clearing the way for it to expand its stablecoin operations.
RReutersOriginal★★★☆☆2026-08-14 20:15
Analysts and investors said on Friday that Silver Lake’s potential acquisition of Workday could lift battered software valuations by signaling continued private-equity confidence in the industry’s prospects despite fears that artificial intelligence could disrupt it.
RReutersOriginal★★☆☆☆2026-08-14 19:40
U.S. business inventories were flat in June, as higher wholesale stocks were offset by a decline at retailers, pointing to strong domestic demand in the second quarter.
RReutersOriginal★★★☆☆2026-08-14 19:35
A regulatory filing showed that Joshua Kushner’s Thrive Capital held about $215 million worth of Amazon shares at the end of June, adding to the venture capital firm’s technology and artificial intelligence investments.
RReutersOriginal★★☆☆☆2026-08-14 19:15
The AFL-CIO says the average S&P 500 CEO earned 312 times the median worker’s pay in 2025, up from 285 times in 2024. Elon Musk received $158bn from Tesla—2.5 million times the company’s average employee pay—even as Tesla’s revenue fell 3 percent and sales declined about 9 percent.
AAl JazeeraOriginal★★★☆☆2026-08-14 18:28
Fuel supplies remain strained in several Russian regions. Deputy Prime Minister Alexander Novak ordered oil companies and agencies to boost deliveries to the most affected areas and monitor prices for agricultural producers and at gas stations. The government said farms have enough fuel, while the antimonopoly service opened cases over several alleged price-gouging incidents.
TTASSOriginal★★★☆☆2026-08-14 18:14
Businesses from countries that take an unfriendly political stance toward Russia are showing interest in investment and transport opportunities in the Russian Arctic, Minister Alexey Chekunkov says. He believes long-term investment cooperation could help harmonize Russia’s relations with several East Asian states.
TTASSOriginal★★☆☆☆2026-08-14 16:02
Freight turnover between Russian and Chinese ports along the Northern Sea Route totals 5.4 million tons annually, or nearly 15% of the route’s overall cargo traffic, Rosatom official Azamat Khochuev said. Total NSR cargo has surpassed 37 million tons, while India and other Asia-Pacific countries are also showing interest in using the route.
Germany’s automotive sector is shedding jobs faster than any other industrial branch, according to Destatis. Employment fell by 42,300, or 5.8%, to 691,500 in the first half of 2026, its lowest level since 2005. Farmers also warn that drought could damage this year’s harvest.
DDWOriginal★★★☆☆2026-08-14 15:04
Nenets Autonomous Region Governor Irina Gekht said the region will build a personnel-training system for oil production, including a specialized class opened with Lukoil. She described oil and gas as the region’s main economic sector and said educating local specialists could help retain young people while supporting infrastructure and Northern Sea Route development.
TTASSOriginal★★★☆☆2026-08-14 15:03
South Korea’s stock market has undergone a sharp correction, leaving many retail investors badly hurt. The KOSPI suffered one of its most severe adjustments on record between June and August, falling from above 9,000 to 5,500 before recovering partly. By the end of July, an estimated 1.2 million retail-investor accounts had faced margin calls.
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BBC ChineseOriginal★★★☆☆2026-08-14 14:59
BP plans to develop the second phase of Venezuela’s Loran offshore gasfield with two oil companies closely linked to the Trump administration. The move follows Donald Trump’s call for foreign oil firms to help rebuild the country’s fossil fuel industry and would be among the first large-scale foreign investments since the US ousted Nicolás Maduro in January.
TThe GuardianOriginal★★★★☆2026-08-14 14:04
Airlines are returning grounded jets to service, but the costs left by a years-long engine crisis are proving much harder to reduce.
RReutersOriginal★★☆☆☆2026-08-14 11:35
Oklahoma residents fear toxic emissions from a $4 billion aluminum plant, threatening a project central to Trump’s effort to restore US industrial might.
BBloomberg NewsOriginal★★★☆☆2026-08-14 11:00
Satellite imagery software company Space-Eyes reported a $1.3 million net loss in the first quarter, as revenue fell and expenses surged. A statement filed for its planned SPAC listing valued the company at about $370 million on an enterprise basis.
BBloomberg NewsOriginal★★☆☆☆2026-08-14 10:00
Russia’s VK holding company reported a net profit of 328 million rubles for the second quarter of 2026, its first profitable quarter since late 2022. Analysts attributed the result to VK’s sale of a 25% stake in Tochka bank, while VK said the deal had an insignificant effect and pointed to improved efficiency and lower costs behind revenue growth.
MMeduzaOriginal★★☆☆☆2026-08-14 08:59
China’s auto industry is surging overseas, breaking into markets from Europe to Southeast Asia and putting mounting pressure on established automakers such as Toyota Motor and Volkswagen, even as its performance at home lags behind.
RReutersOriginal★★★☆☆2026-08-14 06:40
A weaker economic outlook is expected to curb Chinese outbound tourism in the latter half of the year, with trip numbers now projected below earlier estimates as consumer confidence softens.
BBloomberg NewsOriginal★★☆☆☆2026-08-14 05:26
Ankur Banerjee looks ahead to the day’s European and global markets as the yen remains caught in an uncertain range.
RReutersOriginal★★☆☆☆2026-08-14 05:00
An interim Productivity Commission report says the GST deal struck with Western Australia under the Morrison government achieved almost none of its objectives and made the distribution system less equitable. Taxpayer costs have reached nearly A$23bn, are forecast to hit A$60bn by 2029-30, and the commission says only WA has benefited.
TThe GuardianOriginal★★★☆☆2026-08-14 04:00
Tyson Foods says it will close or sell three beef processing and packaging sites, further reducing its U.S. beef footprint as a historic cattle shortage worsens losses at the country’s largest meatpacker.
RReutersOriginal★★★☆☆2026-08-14 03:40
Chongqing exported vehicles worth 35.33 billion yuan in the first seven months of 2026, up 57.1% year on year, customs data showed. Overseas deliveries by Changan Automobile also rose sharply, while the city is pursuing a plan to expand exports of intelligent and new-energy vehicles.
CChina News ServiceOriginal★★★☆☆2026-08-14 03:24
China Central Depository & Clearing supported a wholly owned overseas subsidiary of Shanghai Electric Group in issuing 1.5 billion yuan in three-year FTZ offshore bonds at a 1.8% coupon. Listed on the Hong Kong Stock Exchange, the deal set several records and drew interest from investors across multiple regions.
CChina News ServiceOriginal★★☆☆☆2026-08-14 03:18
The third phase of the “Yunnan Hand in Hand” public-interest initiative has begun in Bali after Yunnan and Bali signed a new cooperation agreement. The project will add 27 solar-powered streetlights and create 10 hectares of organic rice demonstration zones in Tabanan Regency, opening opportunities for farmers and small businesses.
CChina News ServiceOriginal★★☆☆☆2026-08-14 02:54
Macquarie Group Chairman Glenn Stevens said the Australian investment bank could reconsider appointing KPMG as its auditor after the firm was alleged to have misused client data to secure audit contracts.
RReutersOriginal★★☆☆☆2026-08-14 01:40
President Donald Trump has declared 100 percent tariffs on drones with thermal cameras, drones weighing more than 25 kilograms, and parts for aircraft over that weight. Other drones face a 25 percent tariff, while companies committing to some US production can avoid tariffs; selected countries and territories receive lower rates.
TThe VergeOriginal★★★★☆2026-08-14 01:06
President Donald Trump has imposed tariffs of up to 100% on imported drones and components, including products from key US allies. He cited national security and the need to reduce US reliance on foreign suppliers; the measures take effect in 21 days.
US President Donald Trump signed a proclamation imposing 100% ad valorem tariffs on certain drones and components, while some smaller drones and other components face a 25% rate. The measure is presented as a way to strengthen national security by expanding domestic drone production. Rates are capped at 15% for products from Japan, South Korea, Taiwan, Switzerland, Liechtenstein and the EU, and at 10% for British products.
President Donald Trump signed a proclamation imposing tariffs of up to 100% on certain drones and components, with lower rates for smaller drones and products from several trading partners. The White House said the measures aim to protect national security and expand US production. They take effect in 21 days, while their impact on a recently announced US-Ukraine drone agreement remains unclear.
President Donald Trump signed a proclamation imposing tariffs of 10% to 100% on imported drones and components, citing national security. Drones over 25 kilograms, with thermal imaging or other specified features, will face a 100% tariff, while smaller drones will face 25%. The measures begin after 21 days, with some components delayed 180 days, and Commerce Secretary Howard Lutnick is authorized to create an onshoring program.
The Trump administration is imposing a 100% tariff on imported unmanned aircraft systems and their components in an effort to reduce the US reliance on foreign drone supplies.
The White House said a Thursday proclamation signed by President Trump puts imported drones and their components under new duties.
Mark Walter offered to pledge his stake in prized financial assets as collateral as part of a broader effort to raise billions of dollars quickly.
BBloomberg NewsOriginal★★☆☆☆2026-08-14 00:00
Private equity firm Silver Lake is discussing a possible acquisition of Workday, according to people familiar with the matter. With Workday valued at about $43 billion, the deal would be among the largest software buyouts ever.
RReutersOriginal★★☆☆☆2026-08-13 18:45
A Canadian government source with direct knowledge of the trade talks said negotiations with the United States were progressing well and that Washington also wanted an agreement before a new U.S. tariff deadline on Aug. 19.
RReutersOriginal★★★★☆2026-08-13 17:45
Detroit automakers plan to tell the Trump administration that its proposed changes to the North American trade deal could cost the companies billions of dollars and weaken their competitiveness against foreign rivals.
RReutersOriginal★★★☆☆2026-08-13 16:30
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.
TTASSOriginal★★☆☆☆2026-08-13 15:46
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.
MMeduzaOriginal★★★☆☆2026-08-13 15:09
Revenue from Disney’s parks and cruise businesses rose 10% from a year earlier in the latest quarter, marking their strongest increase in two years.
C
CNNOriginal★★☆☆☆2026-08-13 15:00
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.
TThe GuardianOriginal★★☆☆☆2026-08-13 15:00
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.
CCGTNOriginal★★☆☆☆2026-08-13 14:45
A new study finds that extraordinary compensation deals for Elon Musk have paved the way for chief executives at other S&P 500 companies to secure enormous pay packages.
RReutersOriginal★★☆☆☆2026-08-13 14:15
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.
CCGTNOriginal★★★☆☆2026-08-13 13:06
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.
CChina News ServiceOriginal★★★★☆2026-08-13 12:27
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.
RReutersOriginal★★☆☆☆2026-08-13 12:01
The EU wants savers to move the €11 trillion held in bank accounts into stock and bond markets, directing more capital to businesses across the region. Yet progress has repeatedly been offset by setbacks.
BBloomberg NewsOriginal★★★☆☆2026-08-13 11:55
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.
RReutersOriginal★★☆☆☆2026-08-13 11:25
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.
TTASSOriginal★★☆☆☆2026-08-13 09:48
A mandatory offer from KKR to acquire Philippines-based power producer First Gen Corp would value the company at about 165.44 billion pesos, or $2.70 billion, First Gen and its parent, First Philippine Holdings, said Thursday.
RReutersOriginal★★☆☆☆2026-08-13 08:45
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.
CChina News ServiceOriginal★★☆☆☆2026-08-13 07:59
Ice cream companies may be benefiting from a summer sales lift as temperatures soar, but they are also preparing for consumers to seek indulgent treats that give them fewer reasons to feel guilty.
RReutersOriginal★★☆☆☆2026-08-13 07:35
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.
CCGTNOriginal★★★☆☆2026-08-13 06:37
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.
RReutersOriginal★★★☆☆2026-08-13 06:10
Tariffs have defined Donald Trump’s second term, as he uses them to address a range of problems and seeks to strengthen the US economy and production. Yet even economists who support the approach question whether it delivers the intended results.
AAl JazeeraOriginal★★★☆☆2026-08-13 05:00
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.
RReutersOriginal★★☆☆☆2026-08-13 03:50
Bank of America agreed to pay about $1.9 billion for as much as 49.9% of a lending unit owned by Jio Financial Services, giving the US bank direct access to India’s fast-growing economy.
BBloomberg NewsOriginal★★★☆☆2026-08-13 03:21
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.
CCGTNOriginal★★★☆☆2026-08-13 01:40
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.
TThe GuardianOriginal★★★☆☆2026-08-13 01:37
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.
RReutersOriginal★★★☆☆2026-08-12 23:25
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.
RReutersOriginal★★★☆☆2026-08-12 22:30
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.
RReutersOriginal★★☆☆☆2026-08-12 21:05
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.
BBloomberg NewsOriginal★★☆☆☆2026-08-12 21:00
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.
BBloomberg NewsOriginal★★☆☆☆2026-08-12 20:30
The Minutes Reader extension turns the original page into a focused reading view and translates articles and video subtitles on demand. It is in limited beta.
