Millennials, once mocked for spending $7 on lattes and avocado toast, feel better about their finances than older generations do, with data showing why.
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Bloomberg NewsOriginal★★☆☆☆2026-08-18 16:00
Fuel was available at only 28% of Russian gas stations tracked by the GdeBenz app on August 16, down from 41% a week earlier, according to Izvestia’s analysis. Authorities in at least eight regions reported shortages and long lines. Energy Minister Sergei Tsivilev acknowledged the queues and said the government was working to resolve the problem. The report cites renewed Ukrainian drone strikes on refineries as one cause of the crisis.
MMeduzaOriginal★★★★☆2026-08-18 15:49
Canadian Prime Minister Mark Carney spoke with U.S. President Donald Trump on Monday, Carney’s office said. Canada is seeking a last-minute deal to prevent new 50% tariffs from taking effect at midnight on Wednesday.
R
ReutersOriginal★★★★☆2026-08-18 15:35
The United States and Canada are holding last-minute talks to prevent U.S. tariffs on Canadian goods. Relations could worsen at 12:01 a.m. Wednesday if Donald Trump proceeds with a plan to impose 50% tariffs on $20 billion worth of Canadian products.
Canada is racing to reach a deal with the Trump administration on Tuesday, before a midnight deadline, to avert a 50% tariff on billions of dollars in exports to the US.
Chen Zhigang, chairman of the St. Petersburg branch of the Chinese Association of Entrepreneurs in Russia, says Chinese companies are increasingly supplying intermediate goods to Russia and integrating into its import substitution program. He described this as a new, high-quality phase of bilateral trade and investment cooperation focused on localizing production in Russia.
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TASSOriginal★★★☆☆2026-08-18 15:32
Chinese Ambassador to Russia Zhang Hanhui said China-Russia relations are developing steadily and at a high level. He said the two countries should further expand exchanges of experience and cooperation, following the strategic course outlined by their leaders.
Chinese Ambassador to Moscow Zhang Hanhui said the importance of energy cooperation between China and Russia is steadily increasing, with Russia now China’s largest supplier of oil and natural gas. He cited pipeline transport as a particular advantage amid tensions in the Strait of Hormuz and said the Power of Siberia gas pipeline is operating at full capacity.
Investor concerns ranging from inflation to hefty government deficits are driving a global bond-market sell-off. The turmoil is creating difficulties for policymakers while raising borrowing costs for governments and consumers.
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CNNOriginal★★★★☆2026-08-18 15:30
Wall Street’s major indexes fell to roughly two-week lows on Tuesday as heavyweight technology shares declined. Waning hopes for a U.S.-Iran peace deal supported higher oil prices and kept government bond yields near multi-year highs.
RReutersOriginal★★★☆☆2026-08-18 15:15
A Russia-Myanmar business forum will be held in Moscow on August 19 during Myanmar President Min Aung Hlaing’s visit to Russia. Discussions will cover investment, doing business in Myanmar, tourism, expanded bilateral trade and new products for both markets.
TTASSOriginal★★☆☆☆2026-08-18 15:04
American Airlines said it will add more premium seats and bring back seatback entertainment screens on narrowbody aircraft. The carrier is targeting higher-spending travelers as it works to close a substantial profit gap with Delta Air Lines and United Airlines.
RReutersOriginal★★☆☆☆2026-08-18 15:02
Mazda Motor Rus has extended its exclusive rights to the Mazda automobile logo trademark in Russia for 10 years, moving its expiration date to 2036. The trademark is owned by Japan’s Mazda Motor Corporation, while Mazda Motor Rus has been listed as the authorized user since May 2022.
TTASSOriginal★★☆☆☆2026-08-18 14:53
Germany’s farmers’ association expects this year’s grain harvest to fall 7% from 2025 after drought and a June heat wave damaged crops. Rapeseed, potatoes and apples are also forecast to decline. The government does not anticipate an immediate sharp rise in food prices, though tighter supplies could gradually make some oils, sugar, animal feed, meat, dairy, eggs and vegetables more expensive.
DDWOriginal★★★☆☆2026-08-18 14:46
Spirit Airlines halted all operations in May and has since been selling its remaining assets through bankruptcy proceedings. Most of the assets are planes, equipment and real estate, but other valuable items are also being sold.
CCNNOriginal★★☆☆☆2026-08-18 14:36
The Bank of Russia set the official dollar rate for August 19 at 85.1645 rubles, up 15.09 kopecks from the previous rate. The euro rate rose by 39.6 kopecks to 98.7312 rubles, while the yuan rate fell by 0.35 kopecks to 12.624 rubles.
TTASSOriginal★★☆☆☆2026-08-18 14:33
De Beers and its industry allies are pushing natural diamonds as they confront a surge of cheaper, nearly identical synthetic gems.
BBloomberg NewsOriginal★★☆☆☆2026-08-18 14:30
Chinese Ambassador to Moscow Zhang Hanhui says the share of national-currency settlements in China-Russia trade and investment is steadily increasing. The countries are advancing strategic projects in nuclear energy, aviation and space exploration while developing cooperation in the digital economy, biomedicine and artificial intelligence.
TTASSOriginal★★★☆☆2026-08-18 14:14
Peacock is increasing prices across its streaming plans. The ad-supported Select tier rises from $7.99 to $8.99 a month, Premium with ads reaches $12.99, and ad-free Premium Plus climbs to $19.99. New and returning subscribers face the changes on August 18, while existing customers see them on their next billing date on or after September 17.
TThe VergeOriginal★★☆☆☆2026-08-18 14:11
Economic Development Minister Maxim Reshetnikov said Russia is prepared to expand supplies of mineral fertilizers, petroleum, engineering and agricultural products to Myanmar, while increasing imports of light-industry and agricultural goods from the country. He said bilateral cooperation is entering an investment phase.
TTASSOriginal★★★☆☆2026-08-18 14:11
The deadline for reaching an agreement has technically expired, while Trump is pursuing a hard line with Tehran. The stalemate in the Strait of Hormuz shows no signs of easing.
BBloomberg NewsOriginal★★★★☆2026-08-18 14:00
U.S. President Donald Trump said on Tuesday that no conversations were taking place with Iran and that none had been scheduled. He also said the Strait of Hormuz was open.
U.S. 30-year Treasury yields climbed to their highest level since 2007 on Tuesday. Stalled efforts to end the U.S.-Iran war and fears of an imminent escalation pushed oil above $90 a barrel, stoking inflation concerns and jolting markets.
Donald Trump says he is in no hurry to bring the war with Iran to an end.
Iranian Foreign Ministry spokesman Esmaeil Baghaei said the 60-day deadline for negotiations on a lasting settlement, set under the June Iran-US memorandum of understanding, was voided by Washington’s “violations”. After meeting Benjamin Netanyahu, US envoy Jared Kushner said he hoped Hamas would begin disarmament within “30 days”.
Preliminary shipping data showed that vessel crossings through the Strait of Hormuz rose slightly on Monday from the weekend but remained in the single digits, as U.S.-Iran peace talks reached a stalemate.
Russia’s agricultural exports to China climbed 44% year-on-year to $4.9 billion in the first half of 2026, Agroexport head Ilya Ilyushin said at a forum in Kazan. Frozen fish, soybeans, sunflower oil and pork were among the sectors reporting higher revenues.
TTASSOriginal★★★☆☆2026-08-18 13:48
Agricultural trade between Russia and China increased 34.4% year on year in January-July 2026, Agriculture Minister Oksana Lut said. She noted that both countries’ imports and exports are growing, following a 21% rise in bilateral agricultural trade in 2025.
PepsiCo announced in 2022 that it would suspend production and sales in Russia, but paid $237 million in income tax to the Russian state last year. The company remains Russia’s fourth-largest foreign business, with 60,000 workers and 19 factories, and continues selling renamed drinks and other products it classifies as essential, contributing tax revenue to a state budget focused on the war in Ukraine.
TThe Kyiv IndependentOriginal★★★☆☆2026-08-18 13:16
Brazilian President Luiz Inácio Lula da Silva has praised Petrobras’s oil discovery offshore near the mouth of the Amazon, calling it a possible “passport to the country’s future”. Environmentalists strongly oppose drilling in the biodiverse region, warning that an oil spill could damage reefs and coastal wetlands. The field’s size and commercial viability remain unclear.
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BBC NewsOriginal★★★☆☆2026-08-18 13:13
Brazilian President Luiz Inácio Lula da Silva praised the discovery of oil off the Amazon coast despite environmentalist opposition to drilling there. He called the find a “passport to the country’s future” and said it would strengthen Brazil’s national sovereignty.
U.S. single-family homebuilding fell sharply in July as higher mortgage rates and a growing inventory of unsold new homes weighed on construction.
RReutersOriginal★★★☆☆2026-08-18 13:05
Russia’s fish and seafood exports to China rose 14% by volume and 54% by value year on year in January-July 2026, reaching about 844,000 tons worth more than $2.4 billion. Frozen fish, crustaceans and fishmeal recorded the largest absolute revenue gains, while total exports hit a record for the period.
TTASSOriginal★★★☆☆2026-08-18 12:31
Taliya Minullina, head of the Tatarstan Investment Development Agency, said tourism and media have a multiplier effect on Russia-China trade and economic cooperation, including investment attraction. She called for better Chinese- and Russian-language payment services, information resources and regional logistics, along with stronger tourism training and on-site services.
TTASSOriginal★★☆☆☆2026-08-18 12:30
UK grocery price inflation fell to its lowest level since October 2024 in August, market researcher Worldpanel by Numerator said on Tuesday, offering households facing high living costs some further relief.
RReutersOriginal★★★☆☆2026-08-18 12:15
Most Gulf stock markets were subdued in early Tuesday trading as escalating tensions between the United States and Iran made investors wary. Higher oil prices nevertheless supported energy shares in Saudi Arabia.
RReutersOriginal★★★☆☆2026-08-18 12:05
Saudi Arabia has added regulatory scrutiny to financial transfers headed to the United Arab Emirates, applying measures reserved for countries deemed high-risk for illicit money flows, according to three people familiar with the matter. The move is the latest indication of a growing rift between the two wealthy Gulf monarchies.
RReutersOriginal★★★★☆2026-08-18 11:40
Canada’s benchmark home price rose for the first time in 20 months in July, as housing markets across the country were supported by a more positive economic outlook.
BBloomberg NewsOriginal★★★☆☆2026-08-18 11:30
Home Depot’s fiscal second-quarter sales improved as customers spent more during the summer and focused on smaller projects. The retailer kept its previous outlook.
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The Associated PressOriginal★★☆☆☆2026-08-18 10:36
Mike Ashley went from being a squash coach to a retail billionaire. His Frasers Group has built a $2.7 billion property portfolio and has now acquired one of London’s best-known department stores.
BBloomberg NewsOriginal★★☆☆☆2026-08-18 10:01
Russia’s GDP grew 1.3% year over year in the second quarter after contracting 0.2% in the first, beating forecasts from the central bank and Economic Development Ministry. The rebound was driven largely by temporary factors, including more working days and higher military and government spending. High interest rates, falling oil output, weak civilian industries, sanctions, and the widening budget gap point to slower growth. VEB.RF chief economist Andrei Klepach was dismissed after publicly discussing the economy’s problems.
MMeduzaOriginal★★★☆☆2026-08-18 09:52
Baidu missed Wall Street estimates for second-quarter revenue as a decline in its core advertising business offset growth in AI-linked cloud services. Its U.S.-listed shares fell 3.5% in premarket trading.
RReutersOriginal★★☆☆☆2026-08-18 09:35
Canada’s inflation rate accelerated to 3% as the Middle East conflict pushed gasoline prices higher, while core measures of price growth remained subdued.
BBloomberg NewsOriginal★★★☆☆2026-08-18 09:30
A Bloomberg investigation found that Vitol used the Iran crisis to dominate fuel supplies in East Africa, but at a cost.
BBloomberg NewsOriginal★★★☆☆2026-08-18 09:04
The pound edged lower on Tuesday after figures indicated that Britain’s labour market was slowing, with the June unemployment rate exceeding expectations and job vacancies declining in July.
RReutersOriginal★★☆☆☆2026-08-18 09:01
Official data showed that Britain’s labour market cooled in the second quarter, with private-sector earnings growth slowing and vacancies falling to their lowest level in more than five years.
Russia’s non-resource, non-energy exports grew 6.7% year on year in the first half of 2026, according to government figures citing Industry and Trade Ministry data. Industrial product exports rose 5.25% in nominal terms. Manufacturing wages increased nearly 12% in the first five months, while officials said looser monetary policy could revive industrial activity.
TTASSOriginal★★★☆☆2026-08-18 08:57
Mike Ashley’s Frasers has lifted its stake in German retailer Hugo Boss to nearly 48%, the British company said, as it continues expanding into the luxury sector.
RReutersOriginal★★☆☆☆2026-08-18 08:45
New New Shipping CEO Ke Jin said the Chinese logistics provider wants to work with Russian shipowners to jointly build specialized vessels, including bulk carriers and semi-submersibles, for Russia-China logistics. He highlighted Arctic operations, saying the company will call at Murmansk for the first time this year and at Arkhangelsk for a fourth consecutive year.
TTASSOriginal★★☆☆☆2026-08-18 08:41
Kenyan markets are rising, and three investment experts share their views on how to invest 10 million shillings.
BBloomberg NewsOriginal★★☆☆☆2026-08-18 08:30
Thailand is eager to begin negotiations with Russia on a free trade agreement between Bangkok and the Eurasian Economic Union as soon as possible, Deputy Prime Minister and Foreign Minister Sihasak Phuangketkeow told TASS. He said the issue was discussed with counterparts during his visit to Russia and could help accelerate the process.
TTASSOriginal★★★★☆2026-08-18 08:11
Andrey Klepach has been removed as chief economist of Russia’s state development bank VEB after a publicised speech warning that the war in Ukraine was damaging the economy. He said Russia was falling behind rivals, facing mounting costs and could eventually encounter a social crisis.
AAl JazeeraOriginal★★★☆☆2026-08-18 08:05
The sanctions-monitoring NGO Urgewald says Greek shipping company Dynagas delivered €2.35 billion in Russian LNG to EU customers in the first seven months of 2026. It accounted for 35% of LNG shipped from Russia’s Yamal terminal to the EU—about 22% of all Russian LNG exports—after EU leaders agreed to exempt it from sanctions.
TThe Kyiv IndependentOriginal★★★★☆2026-08-18 08:05
The China-Laos Railway has transported more than 90 million metric tons of cargo since operations began, including over 21 million tons in cross-border shipments. It has run more than 80,000 freight trains, with daily cargo averaging above 67,000 metric tons since the start of 2026.
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China News ServiceOriginal★★★☆☆2026-08-18 08:02
Long-term borrowing costs in the United States, Japan and Germany climbed to their highest levels in decades on Tuesday. Renewed inflation fears, alongside persistent concerns about fiscal pressures across major economies, dealt bond markets another setback.
RReutersOriginal★★★★☆2026-08-18 08:00
The comeback of a Canadian auto billionaire highlights the limits of Donald Trump’s tariff strategy. Separately, higher gas prices have pushed inflation to 3%.
BBloomberg NewsOriginal★★★☆☆2026-08-18 08:00
Canadian officials are making a last-ditch attempt to win relief from proposed 50 percent US tariffs as trade talks enter their final hours. The duties would target about $20.2bn in exports, including electronics, machinery, furniture, dairy and wine. Prime Minister Mark Carney described negotiations with Donald Trump’s administration as “delicate” and “intense”.
Russian stocks rose at the opening of the main session on the Moscow Exchange. The MOEX and RTS indices gained 0.96% to 2,113.3 and 782.99 points, while the yuan-ruble rate fell to 12.583 rubles. By 10:16 a.m., both indices were up 1.03%.
TTASSOriginal★★☆☆☆2026-08-18 07:56
Russian businesses paid 383.69 billion rubles in non-repayable contributions to the federal budget during the first eight months of 2026, nearly 1.5 times last year’s total. Vedomosti reported that major Russian businessmen’s “voluntary donations” became the largest source, replacing exit taxes from departing foreign firms. The payments surged after March, while Russia’s war-driven budget deficit reached 6.455 trillion rubles through July, or 2.8% of GDP.
MMeduzaOriginal★★★☆☆2026-08-18 07:44
Daniil Getmantsev, head of Ukraine’s parliamentary tax committee, warned that the country is nearing a financial gap and could still fail even if Western agencies deliver all pledged funds. He attributed the crisis to an economic slowdown and “ill-balanced decisions” in defense, while parliament is expected to vote on funding-related commitments later this week.
TTASSOriginal★★★☆☆2026-08-18 07:35
Most Asian shares fell as rising oil prices and inflation concerns weighed on investor sentiment, offsetting support from strong corporate earnings. Tokyo’s Nikkei 225 led the declines, dropping 2.5%.
TThe Associated PressOriginal★★☆☆☆2026-08-18 07:30
U.S. restrictions on Chinese companies over alleged forced labor are facing growing scrutiny. Customs officials removed Hoshine Silicon (Jia Xing) from a Xinjiang-related Withhold Release Order after the company submitted extensive supply-chain evidence and challenged the measure in the U.S. Court of International Trade, which led to the restriction being lifted for Hoshine.
CChina News ServiceOriginal★★★☆☆2026-08-18 06:52
Mainland Chinese air-conditioning brands see an opportunity as Europeans become more receptive to the idea of using air conditioning during a hot summer.
BBloomberg NewsOriginal★★☆☆☆2026-08-18 06:30
Fast-growing nicotine pouches have become one of Big Tobacco’s key bets on a future beyond cigarettes, offering rapid growth and attractive margins while facing lighter regulation, for now, than many competing smoking alternatives.
RReutersOriginal★★☆☆☆2026-08-18 05:25
HSE University associate professor Anna Fedyunina said Russia’s restrictions, introduced in stages from late May through June, will have a pronounced effect on Armenian exports in the second half of 2026, especially seasonal shipments of berries, vegetables and fruit. Armenian exports to Russia fell about 4.6% year-on-year in the first five months.
TTASSOriginal★★★☆☆2026-08-18 05:14
Russia’s fish and seafood export revenue could stay near the 2025 level of about $6 billion in 2026, Federal Agency for Fishery head Ilya Shestakov said. He attributed the outlook to rising prices, particularly for pollock, after Russia exported 2.1 million metric tons worth more than $6 billion in 2025.
TTASSOriginal★★★☆☆2026-08-18 05:10
A look ahead at European and global markets as bond investors revolt while Iran threatens to go “fully offensive.”
RReutersOriginal★★☆☆☆2026-08-18 04:50
Hong Kong’s move to reduce taxes for hedge funds has people ranging from proprietary traders to receptionists hoping to benefit from the resulting windfall.
BBloomberg NewsOriginal★★☆☆☆2026-08-18 04:15
Singapore’s United Overseas Bank has appointed Tan Choon Hin as head of ASEAN and Greater China, with the new position taking effect on September 1, the bank said in a statement.
RReutersOriginal★★☆☆☆2026-08-18 04:10
President Donald Trump and Canadian Prime Minister Mark Carney spoke by phone Monday about trade negotiations, just over 24 hours before the US is set to impose punishing new tariffs on Canadian products. The talks are stalled over tariffs affecting the auto sector.
BBloomberg NewsOriginal★★★★☆2026-08-18 04:00
Oil made up 46.5% of Kazakhstan’s total exports in the first half of 2026, down from 52.9% a year earlier. Disruptions at the Caspian Pipeline Consortium linked to drone attacks and lower domestic production contributed to the decline, while copper and other raw-material exports gained share. China became Kazakhstan’s leading export partner, ahead of Italy.
TTASSOriginal★★★☆☆2026-08-18 03:33
Several Asian companies merit close attention over the coming months.
BBloomberg NewsOriginal★★☆☆☆2026-08-18 03:30
Brazil’s finance minister says financial-market concerns over rising public debt are justified. Investors have legitimate questions about the direction of government spending, which the administration needs to address if Lula is reelected.
BBloomberg NewsOriginal★★★☆☆2026-08-18 03:00
Interest in the Northern Sea Route is increasing among India, South Korea, Southeast Asian countries and the UAE, Russian Far East and Arctic Development Minister Alexey Chekunkov told TASS. More companies are considering regular shipping on the Arctic route, with geopolitical tensions encouraging interest in alternative transport corridors.
TTASSOriginal★★☆☆☆2026-08-18 02:35
The United States has expanded its UFLPA Entity List to include Chinese consumer brands such as ChaCha Food and Synear Dumplings. US scholar Josef Gregory Mahoney calls the move political posturing and economic coercion, arguing that the stated human rights concerns are a political fig leaf for shifting domestic governance crises, bridging divisions and serving electoral interests.
CChina News ServiceOriginal★★★☆☆2026-08-18 01:37
Oil prices edged higher and bond yields rose in early Asian trading on Tuesday after the U.S.-Iran truce expired and Tehran said it would adopt a “fully offensive” military posture. The moves limited modest stock-market gains.
RReutersOriginal★★★★☆2026-08-18 01:30
UN Secretary-General Antonio Guterres is urging Iran and the United States to resume negotiations for a peaceful and durable settlement. His spokesperson said there is no military solution and called on both sides to avoid military action and tone down recent rhetoric after the MoU’s 60-day deadline expired Monday.
US President Donald Trump rejects extending the two nations’ memorandum of understanding after it expired on Monday, saying Iran should “put up the white flag of surrender”. The US claims it controls the Strait of Hormuz.
US President Donald Trump said Iran would not agree to the kind of deal he considers necessary to stop it from obtaining a nuclear weapon. He said Iran “cannot have a nuclear weapon” and argued that rebuilding its nuclear capabilities would take a long time after earlier US strikes.
US President Donald Trump said he is not seeking to extend the memorandum of understanding with Iran. He added that Tehran is not willing to accept Washington’s terms for ending the conflict, saying it wants a deal but not one he considers necessary.
The 60-day deadline for a final U.S.-Iran agreement expired without a deal. President Donald Trump demanded that Tehran raise a “white flag of surrender,” while confirming a direct backchannel with Islamic Revolutionary Guard Corps officials. Treasury Secretary Scott Bessent warned of unprecedented economic measures. Experts say collapsing oil revenue, inflation and the blockade are straining Iran, but the key test is whether pressure reaches IRGC-linked elite networks that have historically been insulated from economic turmoil.
Donald Trump has threatened to bomb Oman as the U.S. ally works to reopen the Strait of Hormuz. The 60-day deadline for reaching a broader deal with Iran has expired, with developments being followed live.
Iran is offering $30,000 for captured or killed US soldiers, while Trump cuts back military drills with South Korea.
US President Donald Trump demanded Iran surrender as a memorandum aimed at ending hostilities expired. He said Washington had opened a direct backchannel with Iran’s Islamic Revolutionary Guard Corps but was in no hurry to end the conflict, and threatened to bomb Oman if it obstructed a deal to reopen the Strait of Hormuz.
As Iran’s memorandum of understanding with Washington approaches its official expiry, Iranian officials are signaling a possible shift from a defensive posture to offensive action in the war with the United States. The IRGC says it is prepared to take whatever steps are needed and warns of “strategic surprises” amid escalating tensions over the Strait of Hormuz and Trump’s comments about declaring it US territory.
Islamic Revolutionary Guard Corps spokesman Hossein Mohebi rejected US President Donald Trump’s claim that Washington maintains unofficial channels with the IRGC. Mohebi said no negotiations are currently under way and accused Trump of lying.
A senior Iranian official told Reuters on Monday that Iran would heighten tensions in the Strait of Hormuz and elsewhere, and launch an attack, if the United States does not fully implement an interim peace deal within weeks.
President Donald Trump confirmed that U.S. officials are communicating with Iran’s Islamic Revolutionary Guard Corps through a backchannel as the 60-day ceasefire deadline expires. He demanded that Iran abandon any nuclear weapon ambitions and said it should raise a “white flag of surrender,” while threatening to bomb Oman if it obstructs the talks.
US President Donald Trump confirmed that his administration maintains a direct backchannel with officials from Iran’s Islamic Revolutionary Guard Corps, Fox News reported. Trump said Iran should raise the white flag of surrender and that he was in no hurry. The 60-day US-Iran negotiation period expired Monday without progress toward a broader peace agreement. He also threatened to bomb Oman if it obstructed talks over the Strait of Hormuz.
Iranian Foreign Ministry spokesman Esmail Baghaei said decades of US sanctions and economic pressure had produced only growing hatred and hostility between Washington and Tehran. He said Iran had taken every precaution and would, if necessary, do everything possible to thwart hostile US and Israeli plans against the Islamic Republic.
Russian media says the United States and Iran are choosing a war of attrition as their 60-day ceasefire expires on August 17. Coverage also highlights Moscow’s request for clarification over possible Turkish re-exports of US-made weapons to Ukraine and claims that Kyiv is using attacks inside Russia to divert attention from air-defense shortages. Experts say Iran can sustain the conflict, with the Strait of Hormuz remaining central.
A lightning strike set tanks ablaze at a huge American fuel-storage site, putting distribution through one of the country’s biggest refined-product networks in jeopardy.
BBloomberg NewsOriginal★★☆☆☆2026-08-18 01:30
Japan’s benchmark 10-year government bond yield reached a three-decade high on Tuesday, fueled by rising overseas bond yields and speculation that the Bank of Japan could raise interest rates in the near term.
RReutersOriginal★★★☆☆2026-08-18 01:20
Andrey Klepach, one of Russia’s leading economists, has been replaced as chief economist of the country’s national development bank. The move came shortly after a speech was made public in which he reportedly said the war in Ukraine was hurting Russia’s economy.
CCNNOriginal★★★☆☆2026-08-17 23:00
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, reported annualised total shareholder returns of 5.8% in its 2025 annual report, down from 7.2% at the end of 2024 as some assets lost value.
RReutersOriginal★★★☆☆2026-08-17 22:50
The Federal Reserve’s current policy rate is likely accommodative when compared with a medium-run estimate of the neutral rate, the borrowing-cost level that neither restrains nor stimulates the economy, according to research published Monday by the San Francisco Fed.
RReutersOriginal★★☆☆☆2026-08-17 22:35
Cargill employees voted to end a labor dispute that had stopped cattle slaughtering at the company’s beef plant in Fort Morgan, Colorado, since April. The dispute left about 1,700 workers without pay, Cargill and the union said Monday.
RReutersOriginal★★☆☆☆2026-08-17 22:15
U.S. and Canadian trade negotiators were working to resolve differences over a possible cut in President Donald Trump’s tariffs on Canadian vehicles to 15%, after certain value-content deductions, three sources familiar with the talks said Monday.
RReutersOriginal★★★★☆2026-08-17 21:45
Russian holdings of US government bonds fell to $27 million in June from $29 million in May, according to US Treasury documents. Long-term securities made up $23 million and short-term holdings $4 million. Japan remained the largest holder, while China’s holdings declined to $633.4 billion.
TTASSOriginal★★☆☆☆2026-08-17 21:32
Foreign holdings of U.S. Treasuries declined in June, with Japan, the United Kingdom and China recording the largest decreases, according to Treasury Department data.
As Wall Street trading desks watched Jane Street repeatedly set new records, a question circulated among its rivals: Had the firm cracked the game, or was it playing a different one? Its $15 billion loss exposed the hedge-fund side of the business.
BBloomberg NewsOriginal★★☆☆☆2026-08-17 21:30
U.S. Energy Secretary Chris Wright said Washington will announce measures within days to help refiners increase fuel production. President Donald Trump is seeking to curb persistently high gasoline prices, which surged during the U.S.-Israeli war on Iran.
RReutersOriginal★★★☆☆2026-08-17 21:01
Diageo has agreed to change the formulas of some of its most popular whisky and rum drinks in India, two government sources said. The move follows a food safety regulator’s ban in some states over flavourings that breached regulations.
RReutersOriginal★★☆☆☆2026-08-17 19:45
Paramount Skydance asked a U.S. judge to require the 12 states challenging its acquisition of Warner Bros Discovery to post a $1.88 billion bond. The company said the bond would cover costs caused by delays in completing the deal.
RReutersOriginal★★★☆☆2026-08-17 19:15
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.
