A local real estate agent told CNN that many “newly minted millionaires” in San Francisco’s AI sector are bidding for homes on the market.
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CNNOriginal★★☆☆☆2026-08-17 19:00
ATOR says discounted last-minute tours have essentially disappeared since the pandemic, as demand often exceeds supply and operators avoid overbooking. Tours to Turkey and other destinations are full through September, while stronger foreign currencies against the ruble and limited air capacity are also putting pressure on the market.
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TASSOriginal★★☆☆☆2026-08-17 18:40
Brent crude futures for October delivery on London's ICE exchange rose above $91 per barrel for the first time since July 31. The contract was up 3.04% at $91.21 before easing to $90.99, while September WTI futures gained 2.74% to $84.66.
TTASSOriginal★★☆☆☆2026-08-17 18:22
Student debt is increasing while the default rate has reached a historic high. Bloomberg reporters are seeking personal accounts of how loan payments affect borrowers’ day-to-day finances.
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Bloomberg NewsOriginal★★☆☆☆2026-08-17 18:00
SPIEF allows businesses to arrange in a few days as many useful meetings as they would normally manage in at least six months, according to Anton Kobyakov, an adviser to the Russian president and executive secretary of the forum’s organizing committee. He called SPIEF and the EEF important platforms for business-government dialogue and noted that companies can also promote products through exhibition stands.
TTASSOriginal★★☆☆☆2026-08-17 17:49
The Iran war has hurt the UAE as residents leave and tourists cancel trips, with Dubai hotel occupancy plunging from 80% to about 10%. Authorities say recovery is under way and have offered incentives and roughly $680 million in support for affected sectors. But job cuts, weaker investment, inflation, falling property prices and risks linked to the Strait of Hormuz remain concerns.
DDWOriginal★★★★☆2026-08-17 17:46
The International Monetary Fund says its staff will visit Senegal from August 19 to September 1 to continue discussions on policies and reforms that could be supported through a new lending arrangement.
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ReutersOriginal★★★☆☆2026-08-17 17:40
Europe’s tourism recovery has been uneven, with its easternmost EU members still below 2019 levels after the war on their doorstep compounded the pandemic’s damage. Bulgaria, Estonia, Latvia, Lithuania, Poland, Romania and Slovakia are urging targeted EU measures to improve connectivity, resilience and support for businesses in eastern border regions. The Commission has adopted a support strategy and is expected to publish a sustainable tourism plan.
TThe Kyiv IndependentOriginal★★★★☆2026-08-17 17:27
Foreign investors from several countries are participating in projects in the free economic zone covering Donbass and Novorossiya, Federation Council senator Dmitry Vorona said. He described the region as offering the best conditions for investors and said more than 500 SEZ residents are operating there.
TTASSOriginal★★★☆☆2026-08-17 17:19
Russia’s state development corporation VEB.RF has dismissed chief economist Andrei Klepach over remarks that Moscow was losing its economic and technological race with the West and, in some respects, Ukraine. Klepach also warned that rising costs and imbalances could eventually trigger a serious social crisis.
MMeduzaOriginal★★★☆☆2026-08-17 17:07
Andrei Klepach, chief economist at state development bank VEB.RF, was dismissed after warning that Russia was losing its economic “war of attrition” with the West, falling behind technologically and economically, and could face a social crisis. As the EU prepares broader sanctions, higher oil prices may still give Moscow time to sustain its war effort.
Andrei Klepach, chief economist at state-controlled development bank VEB, was fired after criticizing Russia’s economic outlook and warning that Moscow could not win a prolonged economic war of attrition with Ukraine. He had said Russia was falling behind China, the US and, in some respects, Ukraine.
Russia’s state development corporation VEB.RF dismissed chief economist Andrei Klepach after media circulated his remarks that Russia could not win the economic “war of attrition.” Sources linked the move to his criticism of Russia’s economic and political course, while VEB.RF confirmed his departure without giving a reason.
The Bank of Russia set the official dollar rate for August 18 at 85.0136 rubles, up 46.87 kopecks, marking the first time it has topped 85 rubles since September 12, 2025. The official euro and yuan rates also rose to 98.3352 and 12.6275 rubles, respectively.
TTASSOriginal★★☆☆☆2026-08-17 16:56
An SEC filing showed that Italy’s largest bank, Intesa Sanpaolo, held a stake in Elon Musk’s SpaceX worth about $966 million as of June 30.
RReutersOriginal★★☆☆☆2026-08-17 16:50
The ruble-denominated MOEX Index fell 2.04% to 2,092.77 points, while the dollar-denominated RTS Index dropped 2.58% to 775.48. Analysts said consolidation around 2,100 would be a positive signal, though a slide toward 2,000 remained possible.
TTASSOriginal★★☆☆☆2026-08-17 16:49
U.S. home builder sentiment unexpectedly edged higher in August, but confidence among residential construction firms remained broadly weak. Economic uncertainty, high mortgage rates and rising building costs—exacerbated by the U.S.-led war with Iran—weighed on the sector.
RReutersOriginal★★☆☆☆2026-08-17 16:40
The White House is taking steps to better protect the US solar industry, while facing an uphill battle to build a sector that can compete with China.
BBloomberg NewsOriginal★★★☆☆2026-08-17 16:30
Canadian uranium miner NexGen Energy is sharing information and speaking regularly with mining major BHP about its Rook I project in Saskatchewan, CEO Leigh Curyer told Reuters when asked about a possible equity investment. The company is seeking $1 billion for the project.
RReutersOriginal★★☆☆☆2026-08-17 16:25
The Canadian dollar rose to a two-week high against the US dollar on Monday, while bond yields climbed after domestic data showed inflation increasing faster than expected. Investors are also watching a key deadline for new US tariffs on Canadian goods.
RReutersOriginal★★★☆☆2026-08-17 16:10
Centene said Chris Neczypor will replace chief financial officer Drew Asher in January. The health insurer is seeking to strengthen profitability after pressure on its Medicaid and Obamacare businesses.
RReutersOriginal★★☆☆☆2026-08-17 16:05
India’s unemployment rate among people aged 15 and over fell to 5.1% in July, matching its lowest level in four months, government data showed on Monday.
RReutersOriginal★★★☆☆2026-08-17 15:50
Russia supplied 30.9% of Kazakhstan’s imports in the first half of 2026, ranking first among the republic’s trading partners, followed by China at 29.1%. Russia ranked third among export partners with an 8.6% share, while China led at 18.6% and Italy accounted for 17.3%.
TTASSOriginal★★★☆☆2026-08-17 15:41
China’s industrial output and retail sales growth weakened in July after one of the country’s poorest quarterly growth rates on record. The figures are likely to increase pressure on Beijing to support activity through tax and spending measures. Premier Li Qiang called for stabilising external demand to offset weak domestic demand.
TThe GuardianOriginal★★★★☆2026-08-17 15:36
China released its 15th Five-Year Plan for the oil and gas sector on Monday, establishing new targets for developing energy infrastructure by 2030.
RReutersOriginal★★★☆☆2026-08-17 15:35
Britain’s FTSE 100 edged higher on Monday and was on course to end a six-session slide. Gains in mining stocks, AstraZeneca and Rolls-Royce offset broader caution ahead of this week’s UK inflation figures.
RReutersOriginal★★☆☆☆2026-08-17 15:25
Kenya’s competition regulator has proposed that East African Breweries set aside up to 15 billion Kenyan shillings ($115 million) before approving Diageo’s sale of its majority stake in the brewer to Japan’s Asahi Group Holdings, Kenya’s Business Daily reported on Monday.
RReutersOriginal★★★☆☆2026-08-17 15:15
Premier Li Qiang urged China on Monday to bolster external demand and deepen international trade cooperation as weak domestic consumption weighs on growth and risks from abroad increase.
RReutersOriginal★★★★☆2026-08-17 15:10
Diesel prices are surging, and Canadians may soon feel the impact when they shop for groceries.
CCBC NewsOriginal★★★☆☆2026-08-17 15:06
Conservative politicians Andrew Bragg and Pauline Hanson argue compulsory superannuation has failed to improve the budget or reduce reliance on the age pension. Experts and Treasury projections instead indicate that Australia’s total retirement-system costs will remain broadly stable despite population ageing, while the share of people fully funding their own retirement is expected to rise from 29% to 38% by 2050.
TThe GuardianOriginal★★★☆☆2026-08-17 15:00
Brazil’s economy grew just 0.2% in the second quarter from the previous three-month period, according to a central bank indicator, pointing to fading momentum after a strong start to the year, especially in the crucial services sector.
RReutersOriginal★★★☆☆2026-08-17 14:45
Chinese Ambassador to Russia Zhang Hanhui said Beijing hopes Moscow will keep providing favorable conditions for Chinese investment. At a Russia-China business dialogue, he described bilateral cooperation as developing and said Russian enterprises were using Chinese investment and production capabilities.
TTASSOriginal★★☆☆☆2026-08-17 14:32
Canada’s annual inflation rate rose to 3% in July, slightly above expectations, data showed. Renewed US-Iran tensions pushed gasoline prices higher, while tour travel costs also increased.
RReutersOriginal★★★☆☆2026-08-17 14:30
When US President Donald Trump first targeted Canada’s auto industry with tariffs, Linda Hasenfratz lost her billionaire status. Her fortune has since doubled despite the duties.
BBloomberg NewsOriginal★★☆☆☆2026-08-17 14:30
Mexican affiliates of Bank of America, Santander, BBVA, Citigroup, Deutsche Bank and HSBC agreed to pay $86.4 million to settle a long-running antitrust suit in which investors accused them of rigging the market for Mexican government bonds.
RReutersOriginal★★☆☆☆2026-08-17 14:15
Investment firms representing ultra-wealthy individuals in the Americas, Europe and the Middle East have accumulated billions of dollars of exposure to SpaceX, underscoring their ability to gain access to highly sought-after business opportunities.
BBloomberg NewsOriginal★★☆☆☆2026-08-17 14:05
Nicolai Tangen, head of Norway’s $2.4 trillion Government Pension Fund Global, warned that soaring AI-related stock valuations could cause a sharp market correction and inflict major losses. The fund posted record first-half profits, but about a third of its equity investments are in technology and its benchmark strategy leaves little room for hedging.
DDWOriginal★★★☆☆2026-08-17 14:00
Tatarstan expects to launch direct air services from Kazan to Beijing, Chengdu and Xi’an, Investment Development Agency head Taliya Minullina said. She said new flights would boost tourist traffic and trade turnover.
TTASSOriginal★★☆☆☆2026-08-17 13:47
Tatarstan has suggested establishing a site in Innopolis to localize production from China. Republic head Rustam Minnikhanov said Tatarstan is open to Chinese business at every stage, from initial market entry to high-tech production and joint development.
TTASSOriginal★★☆☆☆2026-08-17 13:37
JioBlackRock Asset Management, the joint venture between India’s Jio Financial Services and BlackRock, said it will offer regular plans for eligible mutual funds, enabling investors to purchase them through registered distributors.
RReutersOriginal★★☆☆☆2026-08-17 13:35
The pound rose on Monday as investors awaited a batch of inflation and labour market data that could test its recent gains.
RReutersOriginal★★☆☆☆2026-08-17 13:15
Most economists surveyed by Reuters expect the Federal Reserve to leave its key interest rate unchanged next month and through the end of the year, maintaining a view they have held for several months.
RReutersOriginal★★★☆☆2026-08-17 13:01
ChatGPT would not depend on tariffs alone or measure success by whether bilateral trade is balanced.
BBloomberg NewsOriginal★★☆☆☆2026-08-17 13:00
Russian Deputy Prime Minister Alexander Novak ordered continued monitoring of key macroeconomic indicators and close oversight of development programs for the agricultural and fuel-and-energy sectors. The Economic Development Ministry estimates that the economy grew 0.6% over the past six months, returning to a growth trajectory.
TTASSOriginal★★★☆☆2026-08-17 12:51
A new survey suggests that more than half of Generation Z respondents have redirected money to sports gambling, while a quarter regard it as part of a long-term investment. The findings challenge whether they are investing at all.
BBloomberg NewsOriginal★★☆☆☆2026-08-17 12:30
The Trump administration is examining whether Mexican growers are selling winter-harvested strawberries in the US at unfairly low prices. A finding against the imports could bring tariffs and eventually raise costs for shoppers.
CCNNOriginal★★★☆☆2026-08-17 12:00
China’s new home prices were stagnant in July, highlighting the difficulties facing a broad recovery in the housing sector as demand remained subdued.
RReutersOriginal★★★☆☆2026-08-17 11:25
Iranian Foreign Ministry spokesman Esmail Baghaei said US and Israeli interference, security obstacles, the number of parties involved and sabotage have delayed negotiations with Oman on a Strait of Hormuz security agreement. Tehran and Muscat are working on a mechanism to protect the two coastal states’ rights and ensure safe passage for merchant vessels.
TTASSOriginal★★★★☆2026-08-17 09:52
Conflicts and climate change have sharply increased transport costs on key maritime and river routes, the Financial Times reports. Rates for oil shipments from the Persian Gulf to Asia reached a record $15.22 per barrel last week, amid the effective closure of the Strait of Hormuz, droughts and disruption around the Panama Canal, Red Sea and Black Sea.
The South African rand strengthened against the U.S. dollar in early Monday trading as investors awaited inflation figures due later this week for indications of the health of Africa’s largest economy.
RReutersOriginal★★☆☆☆2026-08-17 09:50
The UFLPA entity list added 43 Chinese companies in one day, bringing the total to 187 and extending restrictions across chips, food and apparel. Josef Gregory Mahoney argues that labeling consumer goods firms as linked to forced labor lacks factual basis, portraying the escalation as political calculation aimed at suppressing Chinese industries and disrupting supply chains.
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China News ServiceOriginal★★★★☆2026-08-17 09:25
The euro rose above 98 rubles on Russia’s interbank market for the first time since March 20, 2026, trading data showed. At 10:45 a.m. Moscow time, it was up 1.51% at 98.683 rubles, while the dollar gained 1.27% to 84.99 rubles.
TTASSOriginal★★☆☆☆2026-08-17 09:22
South Africa’s Thungela Resources said its half-year profit more than doubled as higher thermal coal prices and stronger export sales benefited the company, while the Middle East conflict disrupted energy markets.
RReutersOriginal★★☆☆☆2026-08-17 09:15
Virgin Trains has secured track access approval to operate up to 20 daily return services from London to Paris, Brussels and Amsterdam through the Channel tunnel from 2030. It still needs access to other rail networks and safety approvals before launching the services.
TThe GuardianOriginal★★☆☆☆2026-08-17 09:15
Removing red tape for Wall Street has been a priority for the Trump White House. Europe’s banks want comparable deregulation and are now more hopeful about getting it than they have been in a long time.
BBloomberg NewsOriginal★★☆☆☆2026-08-17 09:11
Iraq’s proposal to export oil through a pipeline crossing Syria, intended to guard against future disruptions in the Strait of Hormuz, could take four years to build and cost at least $15 billion, according to people familiar with the project.
RReutersOriginal★★★★☆2026-08-17 09:10
Tatarstan Head Rustam Minnikhanov said China is the republic’s leading investment partner and that bilateral trade reached a record $3.35 billion in 2025. Speaking at the SPROUTS forum in Kazan, he said cooperation is helping create production chains, promote innovation and support economic growth.
TTASSOriginal★★☆☆☆2026-08-17 09:08
The 23rd China-ASEAN Expo is scheduled for Sept. 17-21 and is expected to draw more than 3,000 exhibitors worldwide. Nearly 500 companies have confirmed participation, while the event will feature about 300 new products and 200 technologies in digital technology, intelligent manufacturing and green development.
CChina News ServiceOriginal★★☆☆☆2026-08-17 08:30
China’s economy stayed broadly stable in the first seven months of 2026, with growth shifting toward newer drivers and higher-quality structures, the National Bureau of Statistics said. Industrial output rose 5.3% year on year, while foreign trade increased 17.3% to 30.13 trillion yuan and retail sales grew 2.6%.
CChina News ServiceOriginal★★★☆☆2026-08-17 08:19
China curtailed enough clean energy in the six months through June to power Mexico for a year as its grids reached capacity. Networks in countries including Australia and Japan also struggled to keep up with the rapid expansion of renewable energy.
RReutersOriginal★★★★☆2026-08-17 08:15
Russian stocks fell at the start of Monday’s main trading session, with the MOEX and RTS indices each down 1.43% at 2,105.81 and 784.64 points. The yuan rose 3.25 kopecks against the ruble to 12.567 rubles, while the indices later pared losses and the yuan gained further.
TTASSOriginal★★☆☆☆2026-08-17 07:57
The MOEX Index fell below 2,100 points during Monday morning trading for the first time since July 24. By 8:25 a.m. Moscow time, it had declined 2.14% to 2,090.68 points.
Chinese Ambassador to Moscow Zhang Hanhui said bilateral trade reached $159 billion from January to July 2026, up 26% from the same period last year. He said steady growth in economic cooperation could lift turnover to a new all-time high by year-end, while investment is expected to remain stable. He spoke at the SPROUTS forum in Kazan.
TTASSOriginal★★★☆☆2026-08-17 07:48
The Philippine central bank governor said inflation should ease gradually over the medium term, while risks to consumer prices remain tilted to the upside.
RReutersOriginal★★★☆☆2026-08-17 07:45
Investors say the rally in AI-linked stocks during the latest earnings season has shifted attention from whether Big Tech’s spending spree will pay off to which companies can deliver returns over the longer term.
RReutersOriginal★★☆☆☆2026-08-17 07:40
India should reintroduce a fuel option containing a lower share of ethanol, the chief economic adviser said. He is the first senior official to seek broader fuel choices as consumer anger grows over a contentious policy change.
RReutersOriginal★★★☆☆2026-08-17 07:35
Japan’s economy expanded at an annualized 1.1% rate in the April-June quarter, despite flat private consumption and slower export growth.
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The Associated PressOriginal★★★☆☆2026-08-17 07:30
Japan’s GDP grew 0.3 percent in the second quarter, down from 0.5 percent in the previous quarter and below analysts’ forecasts. Private consumption was flat and capital spending fell 1.2 percent, offsetting strong exports. The weaker figures could complicate the Bank of Japan’s September rate decision.
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.
RReutersOriginal★★★★☆2026-08-17 07:25
China’s State Council Information Office held a press conference on Monday to discuss the country’s economic performance in July 2026.
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CGTNOriginal★★★☆☆2026-08-17 07:00
War, tariffs and swings in AI-related assets have done little to slow money flowing into emerging markets. Reforms, deeper domestic capital markets and diversification away from U.S. assets are reshaping the asset class.
RReutersOriginal★★★★☆2026-08-17 06:30
China’s coffee retail market exceeds 200 billion yuan annually and is growing about 20% a year, Asian Coffee Association President Zhang Hong said at the Hainan International Coffee Expo in Haikou. He said Hainan’s free-trade policies could create a new route for global suppliers, with eligible businesses able to import green coffee beans without tariffs and certain taxes.
CChina News ServiceOriginal★★☆☆☆2026-08-17 06:05
Thai Deputy Prime Minister and Foreign Minister Sihasak Phuangketkeow said the Middle East crisis showed Thailand urgently needed to diversify energy imports. With about 50% of its energy needs supplied by the region, Thailand is considering Russian gas, oil and fertilizers while discussing permitted trade-finance channels amid current restrictions.
TTASSOriginal★★★☆☆2026-08-17 05:56
Maoming, Guangdong, known as China’s “hometown of longans,” has finished its harvest season with output up about 15%. Sales began with large volumes and stable prices before prices rebounded later, while 31.4 metric tons were exported under customs supervision, supporting higher grower incomes.
CChina News ServiceOriginal★★☆☆☆2026-08-17 05:06
The rupee is expected to open lower on Monday and remain under pressure after the central bank unexpectedly brought forward by a month the deadline for its discounted forex swap facility for non-resident Indian deposits.
RReutersOriginal★★★☆☆2026-08-17 05:00
Foreign borrowers are pouring into once-niche Asia-Pacific bond markets, showing that amid rising uncertainty and record borrowing, Big Tech is not the only sector seeking funding wherever it can.
RReutersOriginal★★★☆☆2026-08-17 04:50
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
Gold edged higher on Monday as a weaker dollar and recent soft economic data lowered expectations for a U.S. interest-rate hike next month.
RReutersOriginal★★☆☆☆2026-08-17 04:30
A 20-metric-ton shipment of Gala apples left Weining County for Vietnam on Saturday by cold-chain transport, reaching the border within 24 hours. Since early August, over 200 metric tons have gone to Vietnam and Thailand, with 2,000 metric tons pre-ordered. High sugar content, bright color, crisp texture and strong transport durability are boosting the apples’ competitiveness in Southeast Asia.
CChina News ServiceOriginal★★☆☆☆2026-08-17 03:20
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.
CChina News ServiceOriginal★★☆☆☆2026-08-17 03:14
China’s railways recorded 2.8 billion passenger trips in the first seven months of 2026, up 4.1% year on year, according to China State Railway Group. The network ran an average of 11,462 passenger trains daily, while cross-border travel and rail trips by foreign nationals also increased significantly.
CChina News ServiceOriginal★★★☆☆2026-08-17 02:33
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
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.
