Business

Tata Sons Chairman Unexpectedly Steps Down

Uncertainty is mounting at Tata Sons as Chairman Natarajan Chandrasekaran prepares to step down after a boardroom deadlock. The leadership shake-up comes as India's $180 billion conglomerate faces mounting financial and regulatory…

TASS

Russian oil exports drop to 6.97 mln bpd in July, revenues fall to $13.76 bln, IEA says

Compared to July 2025, Russia's oil export revenues in July 2026 were lower by $720 million

TASS

Financial Times

Why must a socialist also be woke?

If the left could separate economics from culture, capitalism would have more to fear

Financial Times

This week’s solar eclipse could make stocks go down. No, really. Here’s why.

MarketWatch

This week’s solar eclipse could make stocks go down. No, really. Here’s why.

The eclipse on Wednesday is unlikely to lead to the end of the bull market. But could have some impact on investors.

MarketWatch

Philippine Daily Inquirer

Oil prices rise, stocks mixed ahead of crucial US inflation data

Philippine Daily Inquirer

Oil prices rise, stocks mixed ahead of crucial US inflation data

Oil prices rose again Wednesday and stock markets were mixed, with eyes on the release of key US inflation data that could guide the Federal Reserve on its plans for interest rates. Traders trod nervously ahead of the consumer price index…

Benign Inflation Data Would Reduce Urgency Around September Rate Rise

Benign Inflation Data Would Reduce Urgency Around September Rate Rise

The latest Consumer Price Index report will either help to reinforce patience or compel officials to more readily consider lifting borrowing costs.

Norway Oil Fund CEO Says He’s More Nervous After Record Returns

A record first-half return for Norway’s $2.3 trillion sovereign wealth fund is “as good as it gets,” its chief executive officer said.

Simon Levy handed whole-life tariff for double murder and rape

The Guardian

Simon Levy handed whole-life tariff for double murder and rape

Serial sex offender sentenced for murdering Carmenza Valencia-Trujillo and Sheryl Wilkins, and raping another woman in 2025 Simon Levy, the sexual predator left free by police errors to murder two women, will never leave prison after being…

The Guardian

Energy Prices Expected to Fall in Latest Inflation Data

Energy Prices Expected to Fall in Latest Inflation Data

The war with Iran injected volatility into the oil and gas market, with prices rising and falling in concert with the conflict.

World-Beating Rand Carry Lures Traders to South African Bonds

This month’s most lucrative emerging-market carry trade is attracting foreign investors to South African rand bonds at the fastest pace since January.

Trump Claims Hormuz Control, US CPI Data on Deck | The Opening Trade 8/12/2026

President Donald Trump claimed the US had “total control over the Hormuz Strait,” as Washington and Tehran hardened their stances in deadlocked negotiations over the waterway. “We own it,” Trump told reporters at Joint Base Andrews outside…

Jumia Wins IFC, Axian Backing in $50 Million Equity Fundraising

Jumia Technologies AG secured $50 million in fresh equity funding from its biggest shareholder and the World Bank’s International Finance Corp. as the African e-commerce company pushes toward its first profit.