Business

Delivery drivers will get a minimum wage in Australia’s ‘world-first’ deal. But is it fair

A closer look at the new rules for gig workers – agreed to by Uber Eats and Doordash – shows ‘minimum wage’ looks a little different than usual Get our breaking news email , free app or daily news podcast From Monday, an Uber or Doordash…

Many countries including China, India, Japan, UAE have confirmed participation in EEF

The Eastern Economic Forum will be held September 1-4 in Vladivostok on the campus of the Far Eastern Federal University

Nvidia eyes investing $3 billion in SB Energy under OpenAI data center deal, Information says

Nvidia in talks to invest $3 billion in SB Energy as part of OpenAI data center deal, the Information reports

Bond Traders Agonize Over AI Companies’ $70 Billion of Shadow Credit Backstops

Even before Nvidia Corp.’s splashy $500 billion financing partnership this week, investors were starting to fret over the roughly $70 billion in phantom liabilities that don’t appear on major AI companies’ balance sheets, but could…

The public unravelling of a playboy pub owner

Even as he was trying to stave off bankruptcy, failed hotel owner Jon Adgemis was still living the high life, forking out more than $60,000 a month in rent while he tooled around town in a Mercedes G63, worth $430,000.

2 Planes With Same Call Sign in Phoenix Could Have Been ‘Disastrous’

An air traffic controller noticed that two planes — one departing, one landing — were both flight 2482. He acted quickly to avoid confusion.

Egypt Growth Outlook Cut to 5 Percent as Inflation Delays Rate Cuts

Egypt · ECONOMY Key Facts —Growth downgrade: BMI cut its fiscal year 2026/27 real gross domestic product growth forecast to 5.0 percent from 5.2 percent in early August 2026. —Central bank view: The Central Bank of Egypt now expects real…

Asia Intelligence Brief August 15, 2026: An Answer Delivered On Iturup

Rio Times · Asia Intelligence Brief August 15 Key Facts — Putin's first visit there Vladimir Putin travelled to Iturup on Thursday, his first visit as president to the island chain Japan claims; a predecessor, Dmitry… The post Asia…

Europe Intelligence Brief August 15, 2026: One Percent, Or All Of It

Rio Times · Europe Intelligence Brief August 15 Key Facts — A hundred and eighty billion The Dutch bank Triodos estimates heat and drought could cut European Union output by about 1% this year, or roughly… The post Europe Intelligence…

USA & Canada Intelligence Brief August 15, 2026: Four Days And A Draft

Rio Times · USA & Canada Intelligence Brief August 15 Key Facts — Four days A 50% American tariff on roughly $20 billion of Canadian goods takes effect on Wednesday. — A draft for Monday Canadian… The post USA & Canada Intelligence Brief…

S&P Affirms Cape Verde Sovereign Rating as Tariff Relief Extended

Cape Verde · ECONOMY Key Facts —Rating affirmed: S&P Global Ratings confirmed the Cape Verde sovereign rating at B+/B with a positive outlook on 7 August 2026, after upgrading it from B on 6 February 2026. —Reserve buffer: The February…