Business

Brazil’s CSN Seeks $2.9 Billion for Sales of Entire Cement Unit

Benjamin Steinbruch’s Cia. Siderúrgica Nacional is seeking at least 15 billion reais ($2.9 billion) for its cement business and expects to receive four bids as it moves to sell the entire unit, according to a person familiar with the…

US Services Industry Expands at a Steady Pace

The Institute for Supply Management’s services index rose 0.1 point to 54.1, according to data released Wednesday. Michael McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)

Bank of Russia sees signs of fuel market stabilization, summary shows

The indirect effects of rising fuel prices are tied to the pass-through of increased transportation and production costs into the pricing of a wider range of goods and services

Wildberries denies reports of moving logistics hubs outside Russia

According to company representatives, Wildberries is systematically expanding its logistics infrastructure across its countries of operation

U.S. economy keeps up the momentum, but rising costs put a cap on new hiring

The largest part of the economy grew in July at a robust pace, but scattered shortages of key supplies and dogged inflation raised the cost of business and companies responded by keeping a lid on hiring.

Marine debris composition changes at Novaya Zemlya's monitoring site

The Arctic Floating University has been monitoring marine debris at Russkaya Gavan for eight years

Ancient Roman firefighters' barracks may have been found near Colosseum

Anthropic to build in-house chip design team for Claude, hire engineers

Rising global energy prices backed ruble appreciation in March-May, Bank of Russia says

According to the Central Bank, the ruble has corrected since the June meeting to its late April 2026 levels

Why I'll never be convinced by Meta's ‘pervert’ glasses | Opinion

'Most people don’t want pervert glasses that can film us without our consent,' said a spokesperson from activist group Everyone Hates Elon. The group has launched a series of guerilla adverts deriding non-consensual filming by the glasses…

How China’s A.I. Is Surging Across Africa

In African tech hubs, developers are picking China’s cheap, freely available artificial intelligence models over more powerful U.S. ones.

GlobalFoundries tops second quarter estimates on AI chip demand