Autostat head Sergey Tselikov says hybrids could account for as much as 10% of Russia’s new-car market in a fall month or in December if more mass-market models become available. He forecasts a 7-8% share for the full year, up from 5% since the start of the year.
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TASSOriginal★★★☆☆2026-08-29 11:39
The abrupt collapse of trade talks between the US and Canada sharply intensified tensions, prompting President Donald Trump to order Lake Ontario renamed “Lake America” on US maps.
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Bloomberg NewsOriginal★★★★☆2026-08-29 11:30
Bloomberg’s Business of Food newsletter covers how the world feeds itself amid changes in the economy and climate, including farming, supply chains and consumer trends. Readers are invited to subscribe and read the latest edition.
BBloomberg NewsOriginal★☆☆☆☆2026-08-29 11:00
Swiss wealth managers are calling for a delay to an ownership register after a hack in Liechtenstein, raising cybersecurity concerns about a list containing the ultimate owners of more than 500,000 companies and other entities.
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Financial TimesOriginal★★☆☆☆2026-08-29 11:00
Amazon and Walmart are offering discounts of up to 50% on household essentials this weekend, including batteries, toilet bowl cleaner and dishwasher detergent.
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NBC NewsOriginal★☆☆☆☆2026-08-29 11:00
Singapore state investor Temasek, the majority shareholder in Singapore Airlines, backed the airline’s investment in Air India on Saturday as scrutiny intensified over its stake in the loss-making Indian carrier.
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ReutersOriginal★★☆☆☆2026-08-29 10:35
Alex Gerko, one of the UK’s richest people, received a record £895mn payout from trading firm XTX in 2025, 31% more than the previous year.
FFinancial TimesOriginal★★☆☆☆2026-08-29 10:12
Six months after the United States went to war with Iran, Courtney Sanders has been helping soldiers’ families cope with the gaps left by their absent loved ones.
RReutersOriginal★★★☆☆2026-08-29 10:10
Iran’s president says US sanctions and a naval blockade have cut the country’s exports and imports by nearly 35 percent. As inflation, unemployment and trade disruption worsen, Tehran says it will pursue diplomacy alongside defence and maintain what it calls control of the Strait of Hormuz.
Six months after the United States and Israel launched their first strikes on Iran, the war’s physical, financial and emotional effects have spread from Tehran across the world, reaching the large Iranian community in the United States.
Six months into the Iran war, Gulf states are moving toward a layered security system built on overlapping partnerships. They are deepening cooperation among themselves and with partners including Türkiye, European states and Pakistan, while the United States remains central rather than being replaced.
Iranian leaders are acknowledging the economic costs of the war with the United States. The supreme leader urged the government to tackle hardship, while the president said foreign trade had fallen 35% because of American sanctions and the blockade.
UN Secretary-General Antonio Guterres urged the United States and Iran to resume meaningful negotiations to end their six-month conflict diplomatically. The UN supports mediation by Qatar, Pakistan, Egypt, Saudi Arabia and Kuwait, while warning that the war, disruption in the Strait of Hormuz and sanctions are worsening humanitarian and economic consequences.
Inflation has undermined bonds’ role as a reliable portfolio diversifier, raising questions about the future of the traditional 60-40 strategy.
FFinancial TimesOriginal★★☆☆☆2026-08-29 09:30
China’s shrinking car market is facing another setback as regulators move to police the high-tech features carmakers use to drive sales. A nationwide inspection of the quality of Chinese-made cars could prompt some consumers to delay purchases, worsening the bearish outlook among dealers and analysts.
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South China Morning PostOriginal★★★☆☆2026-08-29 09:00
President Donald Trump announced on Friday an unprecedented US effort to take control of one-fifth of Venezuela’s vast oil reserves. He is betting American companies can revive the OPEC member’s battered energy sector while adding crude supplies to help lower US fuel prices.
FFrance 24Original★★★★☆2026-08-29 08:55
Donald Trump says the US has reached a deal to control 65 billion barrels of Venezuela’s oil reserves. He has long been open about wanting the US to secure Venezuelan oil and has urged oil companies to invest in the South American country.
US President Donald Trump says the United States and Venezuela have reached the “biggest oil deal in world history,” giving Washington control of 65 billion barrels of Venezuelan oil. Critics describe the agreement as predatory.
Bloomberg News Now covers Trump’s statement that the US has secured some Venezuelan oil reserves, along with remarks by Warsh and other top stories. The report is updated throughout the day and focuses on global business news.
Bloomberg News Now highlights Donald Trump’s statement that the US has secured some Venezuelan oil reserves, remarks by Warsh, and other leading stories. The audio report is updated throughout the day with global business news.
Donald Trump says the United States has secured majority control of more than 65 billion barrels of Venezuela’s proven oil reserves in a deal intended to revive the country’s energy industry and increase crude supplies to US refineries. The arrangement could bring about $209bn to Venezuela’s treasury, but its structure and implementation remain undisclosed and may face legal and constitutional challenges.
President Donald Trump said the United States and Venezuela have reached a deal that would give the U.S. majority control of billions of barrels in Venezuela’s oil reserves and lower gas prices.
President Trump says the United States has reached an agreement with Venezuela to take control of 65 billion barrels of oil at no cost to American taxpayers. Secretary of State Marco Rubio calls it a “huge win” for both American and Venezuelan people.
The US is poised to gain majority control of a vast share of Venezuela’s oil wealth in an unprecedented arrangement, officials say. The move would create the world’s second-largest private oil company by reserves and secure American petroleum supplies for decades, according to the excerpt.
Venezuelan President Delcy Rodriguez says the US-Venezuela oil cooperation agreement covers 17 strategic fields with proven reserves of 65 billion barrels. It envisages more than $100 billion in investment and over $209 billion in state tax revenue, while contributing to economic growth, hemispheric energy security and greater market balance. Donald Trump said the deal gives the US majority control of those reserves.
Donald Trump says the US will take control of 65bn barrels of Venezuelan oil, adding that a joint venture between the two countries will lower petrol prices for Americans.
Washington and Caracas said Friday they had reached a “historic” oil deal granting the United States majority control of more than 65 billion barrels of Venezuela’s reserves.
President Donald Trump says the US has agreed with Venezuela to control a majority of more than 65 billion barrels of its proven oil reserves. He says the transaction will expand America’s oil supply and lower gas prices. Secretary of State Marco Rubio called it a “huge win” for both countries, while details remain undisclosed.
President Donald Trump said the United States has reached an oil agreement with Venezuela. He said the move would more than double U.S. oil reserves, increase supply and lower gas prices.
President Donald Trump said Friday that the United States had reached an agreement with Venezuela to take control of the country’s 65 billion barrels of oil reserves.
Donald Trump announced a new oil agreement with Venezuela, saying the US would gain “majority” control of more than 65bn barrels of proven reserves. Marco Rubio called it a major win for both countries, while a Venezuelan opposition figure denounced the deal as a “massive land grab.”
U.S. President Donald Trump said Friday that his administration had reached a sweeping agreement with Venezuela. If carried out, the deal could give the U.S. access, at a cost, to vast quantities of the South American country’s untapped oil reserves.
US President Donald Trump said Washington and Caracas had agreed for the United States to take control of 65 billion barrels of Venezuelan oil without cost to US taxpayers. He said the deal was negotiated by Marco Rubio, Pete Hegseth and interim Venezuelan President Delcy Rodriguez, calling it the biggest oil deal in world history.
President Donald Trump said the United States reached an agreement with Venezuela giving Washington majority control of more than 65 billion barrels of the country’s proven oil reserves. He called it the biggest oil deal in world history and said it would expand US supplies and lower gasoline prices.
President Donald Trump says the United States has reached an agreement with Venezuela to take control of 65 billion barrels of the South American country’s oil reserves.
Trump announced a deal with Venezuela to secure more than 65 billion barrels of oil reserves.
U.S. President Donald Trump said on Friday that the United States had entered into an oil agreement with Venezuela.
Venezuela’s interim President Rodriguez and US Energy Secretary Wright tour oil facilities as the two countries enter what is described as the “biggest oil deal in world history.”
Russia’s Far Eastern Federal District has added reserves from 105 newly discovered solid mineral deposits to the state balance since the start of the year, Natural Resources Minister Alexander Kozlov told TASS. The Televeyem gold deposit in Chukotka contains 26.7 metric tons of gold and 292 metric tons of silver. Reserves at 150 previously known deposits also increased after reassessment and related work.
TTASSOriginal★★★☆☆2026-08-29 08:07
Youngstown, Ohio, is in the OH-6 congressional district, which exports more than US$820 million in goods to Canada each year. Although the escalating tariffs do not affect every import and export, a prolonged trade war could put some businesses in exposed sectors at risk.
CCBC NewsOriginal★★☆☆☆2026-08-29 08:00
US spot Ethereum ETFs appeared to open with $10.36 billion in assets, but nearly all of that amount came from converting crypto already held by Grayscale trusts rather than fresh institutional buying. The analysis distinguishes seed capital, legacy-asset conversions, post-launch creations and redemptions, and assets under management—figures often combined in headline ETF totals.
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CryptoSlateOriginal★★☆☆☆2026-08-29 07:10
Trade between Russia and Thailand could eventually surpass $10-15 billion if existing barriers are removed, Russian Ambassador Evgeny Tomikhin told TASS. The countries agreed to focus on payment and settlement arrangements and eliminate obstacles to normal economic cooperation.
TTASSOriginal★★★☆☆2026-08-29 06:50
Europe is heading into the colder months with gas storage at its lowest level in 13 years. EU facilities were 63% full in the last week of August, well below the recent average of 80%, raising fears of sharper winter price volatility. The UK may be especially exposed because it has limited domestic storage and relies heavily on imports.
TThe GuardianOriginal★★★★☆2026-08-29 05:00
Germany is on course to miss its November gas-storage target if injections remain at their current rate, the country’s storage association warns. There is no immediate shortage, but depleted reserves combined with an exceptionally cold winter could put industrial production at risk.
EeuronewsOriginal★★★☆☆2026-08-29 05:00
Young consumers are increasingly choosing cold drinks they can customise, prompting coffee and fast-food chains to chase the trend. Starbucks says three out of four drinks it sells are now cold, and the category has become central to its US sales and turnaround strategy.
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BBC NewsOriginal★★☆☆☆2026-08-29 04:30
Six Bitcoin wallets that had been dormant for a decade moved $40 million this month. Galaxy’s data shows dormant-coin activity at its lowest level since 2022, with 2026 on track to total less than half of last year’s amount.
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CoinDeskOriginal★★☆☆☆2026-08-29 04:30
Singapore-based iron ore company Radiant, which is battling a liquidity squeeze, has threatened Glencore with a $1.4bn lawsuit.
FFinancial TimesOriginal★★☆☆☆2026-08-29 04:00
The idea of forcing investors to absorb US government bonds is increasingly being taken seriously.
FFinancial TimesOriginal★★★☆☆2026-08-29 04:00
The results of an FT stock-picking game unexpectedly point to the success of fundamentals, challenging the idea that choosing good companies cannot win such a contest.
FFinancial TimesOriginal★☆☆☆☆2026-08-29 04:00
The ruble accounted for nearly 60% of Russia’s foreign-trade settlements in the second quarter of 2026, a record share, State Duma Financial Market Committee Chairman Anatoly Aksakov said. Currencies from unfriendly countries fell to 11.6%. He said Russia is building layered protection against sanctions shocks through direct correspondent ties, alternative payment routes and digital-finance channels.
TTASSOriginal★★★☆☆2026-08-29 03:15
Recent Beijing restrictions on cross-border investment and a tax change targeting overseas insurance gains may cause short-term uncertainty, but they will not weaken Hong Kong’s long-term competitiveness as a major wealth management hub, JPMorgan Chase Hong Kong CEO and North Asia chair Kwang Kam-shing says. She remains optimistic about Asia’s financial sector.
SSouth China Morning PostOriginal★★★☆☆2026-08-29 02:00
Long-term bond yields may be rising because investors expect an AI-driven productivity boom, rather than solely because of worries about inflation and growing government debt, said Jacob Manoukian, JPMorgan Private Bank’s U.S. head of investment strategy.
RReutersOriginal★★☆☆☆2026-08-29 01:30
President Donald Trump is scheduled to meet U.S. oil-refining executives to address persistently high gasoline prices, which have been fueled by the war in Iran.
BBloomberg NewsOriginal★★★☆☆2026-08-29 01:00
Chevron is close to finalizing negotiations to move all of its oil joint ventures in Venezuela into the country’s new energy framework, two sources familiar with the talks said. The arrangement would give the U.S. oil major greater operational control and enable expansions of key oilfields.
RReutersOriginal★★★★☆2026-08-29 00:50
US Secretary of State Marco Rubio said an oil agreement with the United States could help Venezuela attract about $100 billion in private investment and support the reconstruction of its economy. He said the deal would also secure stable, low-cost oil reserves for the US and help lower gas prices. Trump had earlier announced majority US control of more than 65 billion barrels of Venezuela’s proven reserves.
Canada is no longer in a technical recession, but the trade war is clouding the economic outlook. The bullish view on Canada Goose has also turned bearish.
BBloomberg NewsOriginal★★★☆☆2026-08-29 00:30
Moody’s changed Nigeria’s outlook from “stable” to “positive” on Friday, citing higher foreign-exchange reserves and stronger-than-expected economic growth that have improved the country’s ability to withstand external shocks.
RReutersOriginal★★★☆☆2026-08-29 00:20
Donald Trump and Mark Carney have announced tariffs on each other’s countries, escalating the US-Canada trade conflict. Higher duties could raise prices for vehicles, metals, lumber, construction materials and household goods, adding pressure to supply chains, manufacturers and housing costs. Canada has targeted products where consumers can more easily switch to domestic alternatives.
BBBC NewsOriginal★★★★☆2026-08-29 00:15
Bitcoin treasury company Capital B announced a private placement of 36,219,070 shares at €0.58 per unit to raise about €21.01 million and help buy 270 more Bitcoin. The immediate Bitcoin backing per diluted share would remain nearly flat, but full exercise of the attached warrants could reduce that ratio by 24.1% from its pre-placement level.
CCryptoSlateOriginal★★☆☆☆2026-08-28 23:20
The U.S. Court of Appeals for the 9th Circuit ruled unanimously that Nevada may block prediction market Kalshi from offering sports bets. The three Trump-appointed judges said the federal Commodity Exchange Act does not preempt Nevada gambling laws covering sports-event contracts offered by Kalshi, Crypto.com and Robinhood.
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Ars TechnicaOriginal★★☆☆☆2026-08-28 22:14
The decision lets states subject prediction markets to gambling-style oversight, dealing a major setback to the rapidly expanding industry.
A latest U.S. appeals court ruling confirms that states have authority over prediction markets, dealing Kalshi a legal setback. The decision sets up a split among federal courts over event contracts and raises the possibility that the U.S. Supreme Court will have to resolve the dispute.
The Ninth Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting an April decision by the Third Circuit and potentially setting up a Supreme Court battle.
A federal appeals court ruled Friday that Kalshi is not entitled to an injunction preventing Nevada from overseeing its prediction-markets platform, where users can bet on sporting-event outcomes.
Warsh has understood the message about his communication style.
BBloomberg NewsOriginal★★☆☆☆2026-08-28 22:00
The CEO of government-owned Trans Mountain said on Friday that the breakdown of trade talks with the United States has made it more urgent for Canada to plan a new oil pipeline to its west coast.
RReutersOriginal★★★☆☆2026-08-28 21:50
A Guggenheim affiliate has bought a loan linked to the group’s asset management arm. The closely watched loan has served as a proxy for Mark Walter’s privately held investment firm.
FFinancial TimesOriginal★★☆☆☆2026-08-28 21:50
Analysts warn that Canada could lose 100,000 jobs under current tariffs and fall into recession if the USMCA ends. Tit-for-tat measures are expected to hurt businesses in both countries, with Canada particularly exposed because of its reliance on exports to the United States.
AAl JazeeraOriginal★★★★☆2026-08-28 21:39
Ethena plans to extend USDe’s basis-trading strategy into equity perpetual futures, where funding rates have recently been far above Bitcoin’s. The move seeks a new source of returns after falling crypto funding rates weakened the strategy that helped USDe grow, with the synthetic dollar now near $4.04 billion versus a peak of about $15 billion.
CCryptoSlateOriginal★★☆☆☆2026-08-28 21:30
Investors were encouraged Friday by new Federal Reserve Chair Kevin Warsh’s expressed determination to curb high inflation. However, many on Wall Street remained uncertain about how the U.S. central bank will respond to economic shifts in the coming months.
RReutersOriginal★★★☆☆2026-08-28 21:15
Federal Reserve Chair Kevin Warsh appeared somewhat less opposed on Friday to signaling the monetary-policy outlook, as bond markets pressed him to explain his view of high inflation and what action he might take.
Warsh’s speech offered a clearer picture of how he interprets the economy, while leaving unresolved questions about the Federal Reserve’s ‘reaction function’.
After confusing markets at his July press conference, Fed Chairman Kevin Warsh used Jackson Hole to offer a clearer explanation of the case for higher interest rates.
At a major economic event, Fed Chairman Kevin Warsh declined to signal where interest rates are headed, while describing inflation as “concerning.”
In a speech, Warsh expressed concern about inflation and laid out his philosophy on policymaking while carefully avoiding any signals about the policy outlook.
Federal Reserve Chair Kevin Warsh says inflation remains too high and suggests the central bank may need to raise interest rates in the coming months to bring it down, offering a clearer indication than before of his economic outlook.
Federal Reserve Chair Kevin Warsh warned that inflation is not slowing meaningfully. He said policymakers must be confident that it is; otherwise, the central bank still has “work to do,” while pledging to reach its 2% target.
Fed Chair Kevin Warsh delivered highly anticipated remarks on Friday morning at the Kansas City Fed’s annual symposium, saying more work remains on inflation.
Investors worldwide are looking to Federal Reserve Chair Kevin Warsh for more detail on the economy, recent bond-market volatility and risks to the U.S. and global outlook as inflation concerns grow.
Live coverage of the Jackson Hole Fed meeting is underway, followed by a live Q&A with journalists at 2:30 p.m. EDT for audience questions.
Markets are awaiting a much-anticipated speech by Federal Reserve Chairman Kevin Warsh after recent volatility in bond yields.
Federal Reserve Chair Kevin Warsh is due to address international economists and central bankers on Friday. Investors worldwide will look for more detail on the economy, recent bond-market volatility and risks to the U.S. and global outlooks.
Canada’s chief U.S. trade negotiator is challenging several American officials’ claims about why talks collapsed last week, including allegations that Canada made last-minute demands on autos and that U.S. negotiators were uninterested in French-language discoverability rules.
CCBC NewsOriginal★★★☆☆2026-08-28 21:00
Canada’s economy appears to have regained its footing, but the question remains whether that will be enough for it to withstand the U.S. trade war.
Canadian trade and tourism are important parts of the local economy in areas of New York’s 21st Congressional District. Newly announced tariffs could put that economic relationship to the test.
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ABC NewsOriginal★★☆☆☆2026-08-28 20:42
The Canadian dollar fell to a nine-day low against the U.S. dollar on Friday, extending its weekly decline. Investors questioned whether strong domestic GDP data would affect the Bank of Canada’s upcoming policy decision, while hawkish remarks from Federal Reserve Chair Kevin Warsh also weighed on the currency.
RReutersOriginal★★★☆☆2026-08-28 20:15
Corn and wheat futures have climbed sharply to their highest levels in more than three years, though the forces behind the two recent rallies are notably different.
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CNBCOriginal★★★☆☆2026-08-28 20:00
Canadian bank CEOs remain calm as tariff tensions increase. The coverage also asks why Canada reversed tariffs on fish.
BBloomberg NewsOriginal★★☆☆☆2026-08-28 20:00
The Ninth Circuit upheld a lower-court ruling that Kalshi failed to demonstrate that federal authority preempts Nevada’s power. The decision challenges Kalshi’s claim that the Commodity Futures Trading Commission has exclusive jurisdiction over the dispute.
TThe BlockOriginal★★☆☆☆2026-08-28 19:50
Rusal plans to temporarily mothball several Russian raw-materials facilities, including the Pikalyovo alumina refinery, the Severouralsk bauxite mine, and plants in Bogoslovsk and the Urals, Kommersant reports. The sites lose the company $800 million annually, while restoring the division would require $1.8 billion. Rusal is seeking state support and warns of possible layoffs in company towns, including Pikalyovo, where plant closures triggered major unrest in 2009.
MMeduzaOriginal★★★☆☆2026-08-28 19:13
Russian stocks ended Friday higher, with the ruble-denominated MOEX Index up 1.03% at 2,114.93 points and the dollar-denominated RTS Index gaining 1.45% to 778.32. The yuan rose 8 kopecks against the ruble to 12.9 rubles. Analysts expect further gradual ruble weakening and see room for the MOEX’s advance unless major negative news emerges.
TTASSOriginal★★☆☆☆2026-08-28 19:11
AI education company Genius Group has proposed a $12.5 million perpetual preferred offering to restart a Bitcoin treasury targeted at $827 million by fiscal 2031. It previously sold its remaining Bitcoin and repaid $8.5 million in debt. Because proceeds would also fund an AI portfolio and dollar reserve, the initial Bitcoin allocation remains unknown, while key offering terms await approval.
CCryptoSlateOriginal★★☆☆☆2026-08-28 19:05
A former Mexican trade negotiator says the breakdown of talks between Ottawa and Washington could prompt U.S. negotiators to pursue an “aggressive” win in their ongoing bilateral discussions with Mexico.
CCBC NewsOriginal★★★★☆2026-08-28 19:02
Argentina’s rapidly growing beef exports to the United States could face tougher competition after Washington moved to expand tariff-free access for suppliers, potentially giving neighboring cattle powerhouse Brazil a greater presence, according to a Friday report.
RReutersOriginal★★★☆☆2026-08-28 19:01
Ukraine’s 2027 budget deficit could surpass the IMF’s current projection of 17.8% of GDP if the conflict continues, potentially requiring additional EU aid, Bloomberg reported. Kyiv’s talks with the IMF have encountered politically sensitive demands, and a failure could cost Ukraine $5 billion in international assistance this year.
TTASSOriginal★★★★☆2026-08-28 18:56
Fed Chair Kevin Warsh’s Jackson Hole remarks pushed traders to raise the estimated chance of a September rate hike from about 35% to 60%. Bitcoin briefly fell below $77,000, while nearly $488 million in crypto derivatives positions were liquidated over 24 hours, affecting almost 98,000 traders and hitting long positions hardest.
CCryptoSlateOriginal★★★☆☆2026-08-28 18:50
December 2026 wheat futures on the Chicago Mercantile Exchange rose to $7.79 per bushel, their first such level since February 15, 2023. By 5:30 p.m. Moscow time, the gain had narrowed to 2.07%, with the price at $7.76. Futures are up 22% since early August 2026.
TTASSOriginal★★☆☆☆2026-08-28 18:43
Venezuela no longer produces oil at its former scale, but it still holds some of the world’s largest reserves. After the US seized then-President Nicolás Maduro on Jan. 3, Washington restored diplomatic ties and began working with interim President Delcy Rodríguez’s government in Caracas. The relationship remains conditional, with Donald Trump calling Venezuela the “51st state” and saying the US will “rebuild” its underproducing oil industry.
BBloomberg NewsOriginal★★★★☆2026-08-28 18:25
Gazprom said net profit attributable to shareholders fell 12.1% year on year to 863.9 billion rubles in the first half of 2026. Revenue rose 6.3% to 5.3 trillion rubles, while EBITDA increased 28% to 1.977 trillion rubles.
TTASSOriginal★★★☆☆2026-08-28 18:10
Poland expects its general government deficit to hold at 7.1% of GDP in 2027, matching the level currently planned for this year. Finance Minister Andrzej Domanski said record deliveries of military equipment are fueling the deficit, while growth is forecast at 3%.
RReutersOriginal★★★☆☆2026-08-28 18:10
Canada posted a sharply lower budget deficit of C$370 million ($266.57 million) during the first three months of fiscal 2026/27, the finance ministry said. Government spending grew slightly faster than revenues over the period.
RReutersOriginal★★★☆☆2026-08-28 18:05
Federal Reserve Chair Kevin Warsh warns that US interest rates could increase if inflation remains above 2%.
TTRT WorldOriginal★★★☆☆2026-08-28 18:01
Federal Reserve Chair Kevin Warsh said at Jackson Hole that the central bank would have more work to do if it could not confirm underlying inflation was returning to its 2 percent target quickly enough. He said financial conditions did not appear restrictive enough, leaving open the possibility of rate hikes, while stressing he offered no timeline or forward guidance.
Federal Reserve chair Kevin Warsh said summer inflation readings had improved less than expected but had not meaningfully changed the picture. He said the Fed must be confident underlying inflation is moving back to its 2% target quickly enough, otherwise it has “work to do”, suggesting rates could rise while stressing this was not forward guidance.
Wall Street’s main indexes were subdued on Friday after Federal Reserve Chair Kevin Warsh reiterated his focus on returning inflation to the central bank’s 2% target. A rally fueled by artificial intelligence stocks in the previous session also faded.
One of Canada Goose Holdings’ few remaining bullish analysts has turned bearish, warning that unusually warm weather, weakness in Europe and fallout from US-Canada trade negotiations could hurt the outerwear maker during the crucial holiday season.
BBloomberg NewsOriginal★★☆☆☆2026-08-28 18:00
Boeing and negotiators for its largest white-collar union plan to meet Monday to restart contract discussions that had stalled, a spokesman for the Society of Professional Engineering Employees Association said.
RReutersOriginal★★☆☆☆2026-08-28 17:45
India’s foreign exchange reserves rose to a record $729.33 billion in the week ending August 21, central bank data showed. The increase was supported by continued capital inflows following regulatory measures aimed at strengthening the country’s balance of payments.
RReutersOriginal★★★☆☆2026-08-28 17:35
Investors have had little chance to enjoy a summer lull, as Federal Reserve Chairman Kevin Warsh and U.S. Treasury Secretary Scott Bessent have kept markets occupied with a string of attention-grabbing policy decisions.
BBloomberg NewsOriginal★★☆☆☆2026-08-28 17:30
Regional lenders Truist Financial and Fifth Third Bancorp have paused distributing products tied to billionaire financier Mark Walter’s biggest insurance firm, according to people familiar with the decisions.
BBloomberg NewsOriginal★★☆☆☆2026-08-28 17:26
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.
