Business

Spain’s Repsol Bets on Venezuela Oil, Parks $5.4Bn Debt

Repsol is prioritizing raising Venezuelan oil output over recovering the roughly US$5.4 billion Caracas owes it. The post Spain’s Repsol Bets on Venezuela Oil, Parks $5.4Bn Debt appeared first on The Rio Times .

Ecuador’s Noboa Plans a Public-Works Spree From September

President Noboa says a large-scale public-investment push begins in September 2026, as spending more than doubles. The post Ecuador’s Noboa Plans a Public-Works Spree From September appeared first on The Rio Times .

Uruguay AFAP Private Pensions Survive Government Overhaul

Uruguay reversed its most contested pension change, keeping the private AFAP funds and their link with affiliates. The post Uruguay AFAP Private Pensions Survive Government Overhaul appeared first on The Rio Times .

How Uruguay Drew US$6.7 Billion Into Its Power Grid

Uruguay attracted about US$6.7 billion in power-generation investment over five years, reaching 99% renewable electricity. The post How Uruguay Drew US$6.7 Billion Into Its Power Grid appeared first on The Rio Times .

Chile Bets US$100 Billion on Copper to Break Its China Dependence

Chile aims to attract about US$100 billion in copper investment and diversify its buyers beyond China. The post Chile Bets US$100 Billion on Copper to Break Its China Dependence appeared first on The Rio Times .

Microsoft Replacing OpenAI Image AI Models in Powerpoint, Bing

Microsoft Corp. is replacing OpenAI’s image-generating models with its own technology in popular products like PowerPoint and Bing.

Kalshi Eyes Copper Perpetual Futures After Precious Metals Push

Kalshi Inc. is eyeing plans to launch perpetual copper futures that would offer investors a new way to bet on the red metal as the artificial intelligence buildout boosts demand.

The August stock-market slump is a myth — so why does Wall Street keep repeating it?

The August stock-market slump is a myth — so why does Wall Street keep repeating it?

More than 200 years of data show stocks typically gain in August, while market volatility sits well below average.

Oil prices jump back over $US100 a barrel as Middle East conflict widens

ABC News

Oil prices jump back over $US100 a barrel as Middle East conflict widens

The entry of the Houthi rebels into the war between the US and Iran threatens another vital shipping route through the region, as the entire region remains on high alert.

ABC News

As defense spending surges, these stocks could make you the most money

As defense spending surges, these stocks could make you the most money

Palantir tops a screen of defense companies for growth through 2028, but most of the expected best growers are small-cap stocks.

EU locks in oil price cap in new Russia sanctions

The Hindu

EU locks in oil price cap in new Russia sanctions

Ukraine's President Volodymyr Zelenskyy thanked the EU for the latest measures, saying it was "crucial to preserve our unity and keep up this pressure" on the Kremlin.

The Hindu

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