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Tue, Aug 18, 2026 04:37 PM All times are UTC

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Briferendum Aftermath Series

Moody's lowers UK's and EU's growth outlook after Brexit vote

Jul 08, 2016 11:40 am UTC| Commentary Economy

The United Statess rating agency, Moodys, has lowered the growth outlook for the United Kingdom and for theeurozone, following the Brexit win in the EUreferendum on June 23 that diminished confidence among the entire...

Briferendum Aftermath Series

Briferendum Aftermath Series: One pie the world would like to bite out of UK

Jul 08, 2016 11:33 am UTC| Commentary

Clearing house business is one big pie that the financial centers all around the globe would love to steal away from the United Kingdom viz.a.viz London. After the referendum, Londons clearing house business is clearly...

New Zealand’s GDP likely to grow modestly in near term at above-trend pace

Jul 08, 2016 11:30 am UTC| Commentary Economy

New Zealands economy continues to perform decently. The annual economic growth has quickened to 2.8 percent year-on-year. Also, forward looking indicators and financial conditions imply that economic growth would...

European equities exodus continues benefiting EM bonds and commodities

Jul 08, 2016 11:12 am UTC| Commentary

European equities are bearing greatest share of the burden in terms of fund flows in the aftermath of the UK referendum that has raised the prospect of Britain becoming the first country to exit the economic and political...

UK's trade declines in May on account of anxiety around Brexit

Jul 08, 2016 10:57 am UTC| Commentary

UKs trade in the month of May suffered a setback on account of anxiety that the economyfacedahead of EUs referendum. Exports slumped, as polls dodged between a Brexit and a Bremain, pulling down global sentiments. Even as...

Polish economy likely to grow 3.1 pct in 2016 and 3.2 pct in 2017

Jul 08, 2016 10:48 am UTC| Commentary Economy Central Banks

Economic indicators of Poland have become weaker in the past quarter; however, they continue to be stable. The PMI has dropped to below 52 from around 54 in the first quarter. Meanwhile, uncertainty about demand from...

Canada’s economy to grow robustly in 2016, but wildfires to cause short term weakness

Jul 08, 2016 10:07 am UTC| Commentary Economy

The Canadian economy is likely to grow strongly around 1.5 percent for the whole of 2016 as the shortfall in oil production will be offset in the third quarter, noted Commerzbank in a research report. The economy is...

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Economy

UK Wage Growth Holds at 3.5% as Unemployment Rises

UK wage growth excluding bonuses remained at 3.5% in the second quarter of 2026, while unemployment increased, pointing to further signs of weakness in the countrys labor market, according to the latest data covering June...

European Stocks Slide as Iran War Escalation Sends Oil Higher

European stocks extended their decline on Tuesday, with major benchmarks falling to two-week lows as a sharp escalation in the Iran war rattled global financial markets. The pan-European STOXX Europe 600 fell 0.2%, marking...

Australian Consumer Sentiment Jumps 6% in August as Rate Outlook Improves

Australian consumer sentiment strengthened sharply in August, driven by improving household finances and greater confidence about the outlook for interest rates, according to the latest Westpac-Melbourne Institute survey....

Colombia Earthquake Losses Estimated at $9.58 Billion as Reconstruction Challenge Mounts

Economic losses from the powerful earthquake that struck Colombia last week could reach 30 trillion pesos ($9.58 billion), President Abelardo De La Espriella said Monday, highlighting the enormous financial toll of the...

US Eyes Refinery Boost as Trump Seeks Relief From High Gas Prices

U.S. Energy Secretary Chris Wright said Washington is preparing measures to help refiners increase fuel production as the Trump administration looks for ways to bring down gasoline prices following the U.S.-Israeli war on...

Politics

Philippines Confident in U.S. Defense Commitment Despite Middle East Redeployment

The Philippines does not expect a slowdown in military cooperation with the United States despite the redeployment of some American defense assets from the Indo-Pacific to the Middle East, a Philippine military official...

Gaza Zoo Struggles to Save Animals Amid War

Children visiting a zoo near Gazas Nuseirat refugee camp are greeted by a heartbreaking sight: lions, chimpanzees and other animals weakened by hunger, stress and years of conflict. Despite severe shortages of food,...

Trump Says Kim Jong Un Responded to Outreach After US Scales Back South Korea Military Drills

U.S. President Donald Trump said Monday that North Korean leader Kim Jong Un has responded to his recent outreach, signaling renewed communication between the two leaders as Washington moves to reduce joint military...

Trump Says Iran Should Surrender as Nuclear Deal Talks Stall

U.S. President Donald Trump said Monday that Iran is unlikely to accept the agreement he considers necessary to end the war with the United States, insisting Tehran must surrender and abandon any path toward developing a...

Gérald Darmanin Backs Édouard Philippe for 2027 French Presidential Election

French Justice Minister Gérald Darmanin has thrown his support behind former Prime Minister Édouard Philippe for Frances 2027 presidential election, ruling out a potential bid of his own as the countrys...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside

Bank of America expects Micron Technology (NASDAQ: MU) to deliver more than $230 in earnings per share by fiscal 2030, significantly above Wall Streets current peak estimates, as artificial intelligence demand reshapes the...

Anthropic Revenue Run Rate Hits $65 Billion as IPO Plans Accelerate

Anthropics annual revenue run rate surpassed $65 billion by the end of July, highlighting the artificial intelligence startups rapid expansion as it prepares for a potential initial public offering later this year. The...

Google to Buy Spirit Airlines Business Data for $10 Million to Train AI

Google, a subsidiary of Alphabet, has agreed to acquire internal business data from bankrupt Spirit Airlines for $10 million, with plans to use the information for product development and artificial intelligence training....

Alphabet Eyes First Australian Dollar Bond as AI Spending Drives Funding Push

Alphabet, the parent company of Google, is preparing for its first-ever Australian dollar bond issuance as the U.S. technology giant explores new funding sources amid rapidly rising artificial intelligence investment. The...

Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push

Alibaba Group is reportedly selling its gaming subsidiary Lingxi Games in a transaction that could value the Chinese video game studio at more than $1.5 billion, as the technology giant redirects resources toward...