EconomyIREN shares fall 8% as costly AI transition weighs on earnings
IREN shares dropped 8% as weakening profitability overshadowed a major milestone in the company’s transformation into an AI cloud provider.

IREN shares dropped 8% as weakening profitability overshadowed a major milestone in the company’s transformation into an AI cloud provider.

Almost the entire Villena Treasure, one of Europe’s most valuable Bronze Age collections, was stolen from a museum in eastern Spain during a four-minute raid. Thieves smashed through a window and bulletproof glass. Police believe several people and vehicles were involved and suspect an alarm at a nearby sports centre was triggered as a diversion.

Norway’s King Harald V has died aged 89 after receiving hospital treatment for a rare blood condition and a bacterial infection. The palace in Oslo said he died peacefully at 06:35 local time on Friday at the national hospital.


King Harald’s death has shifted attention to Crown Prince Haakon, who is expected to become Norway’s next monarch after a turbulent year for the royal family. Crown Princess Mette-Marit had a lung transplant in June and has faced scrutiny over reported past ties to Jeffrey Epstein, while her son received a four-year prison sentence for rape.

Norway’s Royal Palace says King Harald V died peacefully at Oslo University Hospital on August 28 at age 89. Crown Prince Haakon automatically succeeds him and is expected to reign as King Haakon VIII. Harald had been hospitalised with haemolytic anaemia and faced recurring health problems in recent years.
Crown Prince Haakon became Norway’s king on Friday following the death of his father, Harald. The report outlines several facts about the transfer of the crown.
Crown Prince Haakon became Norway’s king on Friday after his father, Harald, died. Here are some facts about the 53-year-old new monarch.
Mette-Marit met Norway’s then Crown Prince Haakon at the Quart music festival in her hometown of Kristiansand in 1999. She was 25, unmarried, a single mother and a commoner at the time.
Haakon takes the throne as two major scandals batter his family. He struggled for years to accept the status that ultimately made him Norway’s new king.

Norway’s Royal House announced that King Harald died peacefully Friday at Oslo University Hospital at age 89. Harald had served as head of state since 1991. His son, Crown Prince Haakon, will succeed him and take the name King Haakon VIII.
Norway’s royal palace said on Friday that King Harald had died at the age of 89. A reformer, he spent more than three decades on the throne emerging from the shadow of his widely loved father.
Norway awaited an update from the royal palace on Friday about King Harald’s health. The 89-year-old monarch had been hospitalized for more than 10 days and was described by the palace on Thursday as being in very serious condition.
Norway’s King Harald V has died at 89. He went into exile in the United States as a child during the Nazi occupation of his homeland, and later turned down several European noblewomen to marry his school sweetheart. His son has become King Haakon VIII.
Norway’s King Harald, described as a reformer, died on Friday at 89, the royal palace said. During more than three decades on the throne, he emerged from the shadow of his widely loved, outgoing father as the Norwegian royal family faced multiple crises.

Norway’s palace announced on Friday that King Harald V, Europe’s oldest reigning monarch, had died at 89. His son automatically succeeded him as King Haakon VIII.
Norway’s Royal House says King Harald V has died in an Oslo hospital at the age of 89. He was hospitalized on August 17 with an infection and complications from hemolytic anemia; his condition was declared “very serious” on August 27. His 53-year-old son, Haakon, will inherit the throne.
Norway’s King Harald, described as a reformer who emerged from the shadow of his widely loved father during more than three decades on the throne, has died at 89, the royal palace said on Friday.

Norway’s palace says King Harald V died peacefully at age 89 on 28 August at Oslo University Hospital, triggering the succession of his son, Crown Prince Haakon. Haakon’s wife, Mette-Marit, has faced fierce controversy over correspondence with Jeffrey Epstein from 2011 to 2014, years after his conviction, adding to a turbulent period for the royal family.

Norway’s King Harald has died at the age of 89, the royal court said. He had been treated for hemolytic anemia at Oslo University Hospital since mid-August after his condition worsened. Prince Haakon will succeed him.

Norway's King Harald V has died peacefully in Oslo at the age of 89, after 35 years on the throne. He was widely remembered as a popular, reforming monarch who modernised the royal family, married a commoner and served as a unifying figure; his son Haakon will succeed him.

Norway’s royal palace said Friday that King Harald V had died at the age of 89.
Russia’s widely deployed Kuryer combat robot was unveiled at the Technoprom forum in Novosibirsk. Operated through a standard smartphone, it can fire weapons, lay and clear mines, and evacuate wounded personnel. The platform has a range exceeding 10 kilometers and carries grenade launchers and 12.7-mm machine guns.
Video shows children in Gaza sheltering behind a shopping cart loaded with water cans during a reported gun attack by an Israeli quadcopter drone. A recent UN commission of inquiry found Israel responsible for deliberately killing children in Gaza as an act of genocide.
Kenyan police fired tear gas to break up a protest by small-scale traders opposing an increase in import duties, a Reuters witness said on Friday. Hundreds of businesses in central Nairobi shut their doors during the protest.
South Korea, India, China, the UK and the EU are intensifying rescue operations and humanitarian aid after devastating floods between Nepal and China. Hundreds of foreign nationals remain missing, while difficult Himalayan terrain hampers relief efforts and officials warn that a disaster-formed lake could burst, causing a second wave of flooding.


A catastrophic flash flood and landslide swept across the Nepal-China border region, engulfing towns, destroying bridges and killing hundreds on both sides, with many still missing. BBC Verify used verified videos and satellite imagery to trace the disaster’s path.
Nepal warned that a lake had breached its banks, while China suspended flood rescue efforts near the border because of a “real possibility” of a secondary disaster.
Nepal’s foreign ministry said on Friday that the country did not need foreign assistance for search-and-rescue operations after a devastating flash flood swept through several towns. Several countries had offered help because their nationals were missing in the disaster.
Earth scientists are examining satellite imagery from the Nepal-China border to find clues about the cause of catastrophic flooding. The images show bedrock and glacier collapse followed by flooding rivers.
Nepal’s disaster authority says 977 people are missing after severe flooding, including 28 police officers, 58 servicemen and 517 foreign tourists. Some 13,295 people are taking part in the rescue effort, with 3,253 rescued and nearly 469 bodies recovered. Preliminary data links the flood to a snow and rock avalanche near the Nepal-China border.

Nepal police said Friday that a flash flood earlier this week has killed 469 people. Aerial images showed homes in Nuwakot inundated by sludge.
Tropical Storm Dolly has formed in the Atlantic, but the National Hurricane Center says its name is not a tribute to country singer Dolly Parton, who died earlier this week.
AFP News AgencyAn autopsy indicates that Tyrin Johnson, an armed man killed by the Tennessee National Guard, was shot in the back. His family shared the report with The Associated Press on Thursday, and it contradicts law enforcement accounts.
Breaking the Silence executive director Nadav Weiman says there is a troubling gap between Israel’s public explanations of military operations in Gaza and soldiers’ experiences on the ground. Testimonies about the Nasser Hospital strike suggest that evidence linking those killed to Hamas may be sought after an attack to justify it, rather than a legitimate military target being established beforehand.

China’s data industry reached 6.78 trillion yuan, about $1 trillion, in 2025, rising 15.7% year on year, a report released at the big data expo in Guiyang said. The country had 482,000 data companies by year-end, while AI-related data products and services generated more than 70% of the industry’s total output.
Serbia’s justice minister says former Bosnian Serb military leader Ratko Mladic will receive a funeral with military and state honours. Mladic died in The Hague while serving a life sentence for genocide, war crimes and crimes against humanity, linked to his role in the 1995 Srebrenica massacre.

Chinese technology companies are developing humanoid robots focused on facial expressions, voice, touch and emotional interaction rather than only movement. Shenzhen startup Somnia plans a robot capable of intimate interaction, with sex as its first application and delivery expected in mid-2027. China has also introduced rules governing anthropomorphic AI services.

The Bank of Russia bought yuan worth 5.9 billion rubles ($68.64 million) on the domestic market for settlement on August 27, 2026. Purchases settled on August 26 amounted to 6 billion rubles ($69.81 million). The operations use the yuan-ruble instrument on the Moscow Exchange.
Five bodies have been recovered from a mudslide site in China’s Tibet Autonomous Region, while 558 people are listed as missing, China Central Television reports. Local authorities gave the figures as of 3 p.m. local time, and search and rescue efforts are continuing.
China has expanded a land, water and air search for people missing after a mudslide on Nepal’s side of the China-Nepal border caused casualties at Gyirong Port in Xizang. By 10 a.m. Friday, 681 firefighters, 113 vehicles and thousands of rescue supplies were deployed, with drones and specialized teams monitoring affected areas and a barrier lake.
A US federal judge ruled that the Pentagon unlawfully designated Anthropic a “supply chain risk” after the AI company refused to permit unrestricted military use of its technology and criticized the Defense Department. Judge Rita Lin said invoking national security was not a blank check to punish government critics and found the action aimed to make an example of the company.

A federal judge ruled that the Pentagon acted unlawfully by designating AI company Anthropic a “supply chain risk” and ordered the designation removed.

A US judge has blocked the Pentagon from blacklisting Anthropic, ruling that the Defense Department acted illegally by designating the company a national security supply-chain risk. Judge Rita Lin said national security could not be used to punish government critics. The government is expected to challenge the decision.

A US judge ruled that the Department of Defense acted unlawfully by labeling AI startup Anthropic a supply-chain risk and ordering military contractors to boycott it. The judge called the move “illegal and baseless”, saying national security is not a blank check to punish government critics. Anthropic had resisted military use of its models for surveillance and autonomous weapons.

A judge ruled that the Pentagon’s blacklisting of Anthropic was unconstitutional and amounted to unlawful retaliation under the First Amendment. Northern District of California Judge Rita F. Lin said national security cannot serve as a blank check to punish government critics, and called the company’s supply-chain-risk designation arbitrary and baseless.
A federal judge has blocked the Pentagon’s effort to designate Anthropic as a national security supply-chain risk, calling the Department of Defense’s decision “illegal and baseless.”

A judge has blocked the Pentagon from blacklisting Anthropic as a supply chain risk.
A U.S. judge ruled on Thursday that the Pentagon’s decision to blacklist Anthropic was unlawful.
Viktor Medvedchuk, leader of the Other Ukraine movement and former head of the banned Opposition Platform - For Life party, said the United States is profiting from the conflict in Ukraine while drawing Europe deeper into it. He argued that European leaders could have helped achieve peace sooner if they had not supported the conflict.
Unipol Chairman Carlo Cimbri said Banca Monte dei Paschi di Siena’s headquarters would stay in the Tuscan city if Intesa Sanpaolo’s takeover succeeds.
Two 17-year-olds accused of joining an alleged hours-long sexual assault of a teenage girl in Sydney have been granted bail under strict conditions. The alleged instigator remains in juvenile detention and faces the most charges. The cases return to court in October.

Nepal’s army is rescuing survivors trapped inside a hydropower-project tunnel in Rasuwa. Footage released by the prime minister’s office shows soldiers carrying people out and crawling through deep mud to reach others. Officials estimated that more than 100 people were trapped in the tunnel, while the flood death toll reached 475.

Interior ministers and senior officials from 10 European countries are meeting in northern Germany to discuss hybrid threats, with drone defense a key focus after an explosives-laden drone was found at Leipzig Airport on August 4. Germany’s Greens are also urging action over gas storage levels, while the government says a winter shortage is not expected.

Russia’s Battlegroup North said its strike-drone operators destroyed one US-made International MaxxPro armored vehicle, two American Humvees and 12 Ukrainian UAV control centers overnight in Ukraine’s Sumy and Kharkov Regions.
The Russian Defense Ministry says Russian forces destroyed 147 Ukrainian unmanned aerial vehicle control centers over the past 24 hours. Battlegroup West accounted for 57 targets, while Battlegroups South, North and East destroyed 21, 30 and 39 respectively.
South Africa is preparing to issue its first sovereign green bond as soon as this fiscal year, aiming to help raise 3.7 trillion rand ($228 billion) needed over the next decade to address the effects of greenhouse-gas emissions.
Russia’s Defense Ministry said air defenses intercepted and destroyed 512 Ukrainian drones over several Russian regions overnight. The Yaroslavl Region attack killed one person and injured 27. A supermarket and nearby clinic in Pavlovsky Posad were damaged, while a five-story building and two kindergartens in Sevastopol were also affected.

Ukrainian drones reportedly struck Moscow and surrounding areas and the Slavneft-YANOS refinery in Yaroslavl overnight on Aug. 28. Footage appeared to show at least two fires at the plant. The regional governor said one person was killed and 27 injured, including 10 hurt when debris fell on a bus. The reports could not be independently verified, and Ukraine has not commented.
Taipei is rapidly fortifying the Penghu archipelago, which would be on the frontline if Beijing chose to invade. Its garrison is practicing how to hold off Chinese forces, while civilians in the popular tourist destination train to ration supplies, make repairs and resist.
On an island in the Taiwan Strait, Taiwanese troops recently checked and loaded 105mm shells into four tanks before dawn. After completing the ammunition checks, they waited quietly for the order to fire.
Treasury yields were little changed as investors focused on Kevin Warsh’s keynote speech at Jackson Hole.


Warsh’s Jackson Hole speech could shape expectations about Federal Reserve support for Treasury buybacks, with potential consequences for bitcoin, gold and long-term yields.
Rae Wee looks ahead to the day in European and global markets as Warsh heads into the Jackson Hole hot seat.
Tianjin Port’s Global Ro-Ro terminal has put a new automobile logistics yard into operation, with the first commercial vehicles arriving on Wednesday. Covering 176,200 square meters, the facility has about 5,000 parking spaces, annual capacity for roughly 140,000 vehicles, digital management systems and wastewater recycling. It is intended to expand vehicle storage and ro-ro logistics in northern China.
China’s Cross-border Interbank Payment System now serves 192 countries and regions, the People’s Bank of China says. By the end of June 2026, it had 210 direct and 1,619 indirect participants, with access through more than 5,200 banking institutions. China also plans longer high-value payment-system hours and broader fast-payment and cross-border QR-code interoperability.
Typhoon Saudel made two landfalls in Zhejiang on Friday, bringing winds of up to level 12 and heavy rain, with effects expected to reach inland areas. Zhejiang raised its emergency response to the highest level, while nearly 50 vehicles and 260 personnel were deployed as heavy rain and strong winds continued along the coast.
AFP News AgencyA scheduled freighter service between Chengdu and Addis Ababa began on Friday, the first such route to Africa since China introduced comprehensive zero-tariff treatment for 53 African countries with diplomatic ties. It will initially operate twice weekly, carrying African agricultural products to China and high-value Chinese goods to Africa.
Cara Severino, 25, has told her family she is safe after losing contact during the flash floods on the China-Nepal border. She had no phone reception and a flat battery, and is now hiking with Nepali trekkers, trying to cover more than 110km on foot to reach Kathmandu. At least 469 people have died and more than 1,500 remain missing.

Sitting at home, Shekhar Agrawal repeatedly calls different numbers, hoping someone can provide clues about his sister and teenage niece, American tourists who have been missing since catastrophic flash floods devastated Nepal and Tibet on Wednesday.

Nepali and Tibetan communities in Australia are organising vigils and fundraising after floods and landslides in Nepal killed 469 people and left more than 1,300 missing, according to police. Foreign affairs minister Penny Wong said 39 Australians were missing and announced a $5m support package. Community groups are helping families trace relatives and supporting relief efforts.
Nepal’s death toll from massive flash floods has reached 469, police said Friday. Rescue teams are searching for hundreds of people still missing near the Nepal-China border.

Relatives of Shylaja and Chandrasekaran Muralitharan and their two sons, among 39 Australians missing after flash floods in Nepal, say they are worried but hopeful the family is safe and can be rescued. The disaster’s death toll has neared 400, while about 1,400 people, mostly tourists, remain unaccounted for.
Rescue teams used heavy machinery to search through mud and debris in Nepalese towns devastated by a flash flood two days earlier. As hopes of finding survivors waned, officials worked to limit the danger of further flooding.
The SEC’s proposal for two crypto fundraising exemptions had drawn 31 public comments and one meeting memorandum by Aug. 27. Comments are due Oct. 20. The proposed routes would allow eligible ventures to raise up to $5 million over four years or $75 million per 12-month period, while early submissions debate disclosure, investor protections, non-cash compensation and how the cap should apply.

Canadians are reacting to US President Donald Trump’s executive order renaming Lake Ontario as “Lake America”. One called it “Typical Trump” and “sort of a silly joke”. The move comes as a trade war between the two countries escalates.
The White House says the US Geological Survey will rename Lake Ontario as Lake America in its official documents, with the change already made official in the Geographic Names Information System. Printed materials are to be updated over the coming days, although the system’s map still displays Ontario and requires a search for “Lake America.”

Donald Trump signed an executive order seeking to rename Lake Ontario “Lake America” in the US official geographic names database, giving the Interior Department 30 days to act. Canadian Prime Minister Mark Carney and provincial leaders rejected the change, as the move came amid a breakdown in US-Canada trade talks and escalating tariffs.
Donald Trump’s order to rename Lake Ontario has drawn jeers and concern in Canada. Quebec’s election campaign has also begun.
As a trade war with one of the United States’ closest allies intensifies, President Donald Trump moved to rename Lake Ontario “Lake America.”
Canadian Prime Minister Mark Carney said Lake Ontario’s name, derived from the Wendat word Ontariio, is more than 400 years old and predates both Canadian Confederation and the US Declaration of Independence. He said Canadians will continue calling it Lake Ontario after Donald Trump ordered it renamed Lake America.

US President Donald Trump has signed an executive order renaming Lake Ontario as Lake America. The Great Lake spans the Canada-US border, and the move comes as an escalating trade war strains relations between the two countries.
After U.S. President Donald Trump declared that he was changing the name to “Lake America,” Canadian Prime Minister Mark Carney said Thursday that the lake would remain “Lake Ontario.”

US President Donald Trump signed an executive order on Thursday directing the country’s geographic naming service to rename Lake Ontario “Lake America.” Canadian Prime Minister Mark Carney opposed the move, pointing to the name’s Indigenous origins as tensions between the neighbors simmered.

US President Donald Trump has signed an executive order seeking to rename Lake Ontario “Lake America,” following the collapse of US-Canada trade talks and new 50% US tariffs on $20bn of Canadian goods. Canada says it will continue calling the lake Lake Ontario.

US President Donald Trump signed an executive order renaming the shared US-Canada body of water Lake Ontario as “Lake America”, effective immediately. The move comes amid an escalating trade war after Washington raised tariffs, with Trump criticizing Canada and suggesting other waterways could also receive America-themed names.
Donald Trump signed an executive order renaming Lake Ontario “Lake America,” escalating ongoing tensions between the United States and Canada.
Relentless rain in Japan’s Ishikawa and Toyama prefectures caused rivers to burst their banks, triggering flash floods and mudslides; Himi recorded 361.5mm in 24 hours. Severe convective storms also hit western Europe, bringing heavy rain, strong winds, large hail and a significant tornado to south-west France.

Guangxi has established 15 new international sister-city partnerships over the past five years, taking its total to 134 pairs across 41 countries. Its 62 partnerships with ASEAN cities are the highest in China. The figures were released at a meeting of the Guangxi People’s Association for Friendship with Foreign Countries in Nanning.
The article considers how Lindsay Clancy’s murder trial might differ if it were held in Canada.
Black Spade Capital, the family office of Macau casino billionaire Lawrence Ho Yau-lung, announced its third de-SPAC transaction through a merger with satellite communications firm Astrum Space. The Singapore-based company will combine with Black Spade Acquisition III at an equity value of about US$1 billion, with the resulting entity seeking a New York Stock Exchange listing.

U.S. Ambassador to India Sergio Gor said on Friday that India plans to purchase the battle-tested Javelin anti-tank missile system.
Amazon has signed long-term agreements to purchase electricity from four Swedish wind farms as it expands data-center capacity in the Nordic country and seeks to meet rising power demand.
Chinese AI firm MiniMax has raised the three-year spending ceiling for its cloud-computing deals with Alibaba Group by 220% to US$1.2 billion, highlighting surging computing demand among the country’s leading AI developers. It plans to spend up to US$300 million on Alibaba Cloud services this year after using two-thirds of its budget by the end of June.

Jurors are deliberating in Lindsay Clancy’s trial over the deaths of her three children. Her lawyers argue that postpartum psychosis left her not criminally responsible. Rallies outside court and online discussion have emphasized that new mothers need help but are not receiving it.
Russia’s stock market moved higher at the opening of the main trading session, while the yuan weakened against the ruble. The MOEX and RTS indices initially gained 0.86% to 2,111.46 and 773.85 points, with both later easing to a 0.76% rise.
More than 99% of imports between China and Switzerland will ultimately be tariff-free under an upgraded free trade agreement, China’s Commerce Ministry spokesperson Huang Ling said. The upgrade includes rules of origin, trade facilitation, standards cooperation, wider services and investment access, and collaboration in digital trade, AI and other sectors. Domestic procedures are underway before formal signing.
Hong Kong retained the top position in the 2026 Asian Cities Internationality Index with a score of 74.6, up from 73.7 last year. Singapore and Seoul placed second and third. The index assesses how 11 Asian cities connect with global markets and function as international hubs.
Comfortable in both a duffel coat and ceremonial clothing, King Haakon has become the new face of Norway’s monarchy. The institution, long praised for its modern and modest image, is now facing troubles and scandal.

A glacial collapse and debris flow triggered catastrophic flooding along the Nepal-Tibet border. Nepalese police said 469 people had died by Friday morning, while at least 1,500 remained missing across Nepal and Tibet. Damaged roads and bridges have made search and rescue difficult.

Xi Jinping chaired a CPC leadership meeting on Friday to coordinate rescue and relief after a mudslide struck the Gyirong border port in Xizang on Wednesday. The meeting called for scientific search plans and efforts to find missing Chinese and foreign nationals. China will provide emergency aid to Nepal and conduct international rescue cooperation.

The death toll from the Himalayan flash flood has risen to 469, with more than 1,000 people still missing. Chinese authorities warn that a debris-formed barrier lake could unleash a second flood wave. An engineering team is surveying the lake and considering a drainage channel as continuing rain threatens to destabilize the area.

More than 470 people have died and over 1,500 remain missing after flash floods devastated Nepal and Tibet. Rescue work near the Nepal-China border has been paused because a newly formed barrier lake is unstable and could burst, causing more flooding.

China warns that a barrier lake formed by a landslide near the Nepal-Tibet border could burst in the coming days and trigger another downstream flood. The lake is overflowing continuously, forcing rescue operations near Gyirong Port to stop. About 2.5 million cubic metres of water has accumulated, with another 3 million expected to flow in.

China has paused rescue work at the centre of flooding in Tibet after a debris-formed lake began overflowing and was judged at risk of breaching. Nepal’s death toll has reached 469, with more than 1,300 people missing. Damaged roads and bridges are complicating searches, including for tourists and people trapped in a hydropower tunnel.

A wall of ice, mud and rock collapsed into a mountain river, triggering a catastrophic flash flood. China has sent hundreds of military personnel to Gyirong, a border town in Tibet, to help with the search.
China is urgently working to reduce the risk of a barrier lake bursting near the border with Nepal and causing further flooding at a disaster-hit crossing linking Tibet and Nepal. The disaster has killed hundreds since Wednesday, and a breach could worsen the calamity.

Chinese authorities warned Friday that a lake created by a mudslide on the China-Nepal border could breach, sending floodwaters downstream and causing further damage. Water levels are expected to rise over the next three days, while 499 residents and 555 tourists have already been evacuated from the disaster zone.

More than 390 people have died and over 1,400 remain missing after a glacier collapse triggered a torrent of mud and water along the Nepal-Tibet border. Chinese authorities warn that continued rain could send about 3m cubic metres into an artificial lake over three days, creating a high risk of a breach and further downstream flooding. Rescuers and military helicopters continue searching, while the Red Cross says about 93,000 people may have been affected.

Flash floods swept away bridges and devastated a key trade route linking Nepal and China. Residents are returning to damaged homes and businesses, while rescue teams continue working and families await information about hundreds reported missing.
Russian President Vladimir Putin is scheduled to meet Belarusian President Alexander Lukashenko on Saturday, Kremlin spokesman Dmitry Peskov told TASS. Lukashenko arrived in Moscow on August 27.
Alison Dos Santos won the men’s 400m hurdles in a world-record 45.80 seconds, while Olympic champion Masai Russell set a new women’s 100m hurdles mark of 12.09. Armand Duplantis won a thrilling pole vault at 6.25 metres, and Audrey Werro posted the third-fastest women’s 800m time ever.

Congo has begun vaccinating people against Ebola as it works to contain what is described as the fastest-growing outbreak of the disease in history.
Kalshi has partnered with The Weather Company to strengthen the data it uses to settle contracts in its rapidly growing weather and climate prediction markets.
Russian companies lost 1.4 billion rubles ($16.29 million) to cyber fraud in the first half of 2026, nearly three times the amount a year earlier, a Bank of Russia cybersecurity expert said. Fraudsters mainly targeted accounting and finance departments through social engineering, including demands to install remote-access apps or transfer money to a “safe” account.
Cash holdings in Russia’s economy continue to rise, while a structural liquidity deficit is emerging in the banking sector, Sberbank CFO Taras Skvortsov said. He expects about 4.2 trillion rubles in liquidity to shift into cash by the end of 2026, but believes the financial market remains resilient enough for conditions to normalize.
Iranian Foreign Minister Abbas Araghchi said Tehran could return to negotiations with Washington if the US first stops applying pressure. He urged respectful dialogue, recognition of Iran’s rights and fulfillment of commitments, while Donald Trump has said the administration is not currently interested in consultations or meetings with Iranian officials.
Sudanese welder Shannan Mohammed is making furniture for a family in Omdurman bit by bit, as constant blackouts repeatedly interrupt his work.
Spain’s El Mundo reports that Russian electronic warfare systems are severely limiting the Starlink satellite communications system used by Ukraine’s military. Ukrainian serviceman Igor Lutsenko said the systems are not fully blocking Starlink but are reducing its effectiveness, adding that Ukraine has no future without technological sovereignty.
China’s Commerce Ministry spokesperson Huang Ling said Thursday that Beijing firmly opposes a possible additional 7.5% U.S. tariff on Chinese imports and reserves the right to take necessary measures. She called Washington’s Section 301 investigations into 16 economies over alleged “excess capacity” an attempt to politicize trade and an act of unilateralism and protectionism.
After a blockbuster quarter, Nvidia, the planet’s most valuable company, is promising even more growth.
Bitcoin and gold rallied this week as the scale of US sovereign debt continued to weigh on global financial markets. Alibaba founder Jack Ma and senior executives bought back shares, while Shein planned a smaller-than-expected Hong Kong IPO. The figures have attracted strong market attention.

Two Chinese-developed green fungicides have been registered in Cambodia for the first time. Trials conducted since June in Takeo and Battambang found they controlled major rice diseases more effectively than commonly used products, while the project also established cooperation on technical exchanges and farmer training.
Rostec says its Rosel holding company has developed the machine-learning-equipped Sokol-08 radar station to detect small UAVs and drone swarms. It can track up to 100 objects, filter out harmless targets, operate in 360-degree or 90-degree scanning modes, and weighs under 28 kilograms.
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