EU diesel average reaches record €2.23 per litre
Nineteen member states posted new highs as supply disruptions pushed the bloc’s weighted pump-price average above the previous week’s €2.16.
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US diesel hits record $5.85 a gallon as war-linked fuel costs ripple through the economy
The American Automobile Association says average US diesel prices have reached a record $5.85 a gallon, intensifying pressure on farmers, hauliers and food supply chains already strained by the Iran war.
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Global stocks edge higher as Middle East tensions keep markets on edge
Shares advanced after recent declines even as investors watched the U.S.-Iran conflict, while the Japanese yen strengthened sharply against the dollar.
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Dutch central bank moves 86 tonnes of gold to London as geopolitical worries grow
The Dutch central bank says it shifted 86 tonnes of gold from the United States and Canada to London, arguing the move improves crisis deployability and resilience.
Open story ↗Japan eases overtime oversight for companies with special labor agreements
Labor inspectors will stop pressing eligible businesses to remain below 45 monthly overtime hours, while the legal ceiling and health safeguards remain in place.
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John Ternus takes over as Apple CEO as Tim Cook becomes executive chairman
Apple says John Ternus is now chief executive, while Tim Cook moves into the executive chairman role after 15 years at the top.
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IMF and Senegal reach new $2.2 billion reform deal after debt misreporting scandal
The IMF says a new 36-month loan program for Senegal will back economic reform through 2029, but the board still must approve the agreement after the earlier program was suspended over hidden debt.
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Lilly agrees to buy Merida Biosciences for up to $2.875 billion
The acquisition would add an antibody-degradation platform and an early clinical program for Graves’ disease to Lilly’s expanding immunology portfolio.
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SLB bets $4.1 billion on Kelvion as AI data centers drive demand for cooling
The energy-technology group plans to combine Kelvion’s thermal-management equipment with its modular data-center infrastructure business.
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HDFC Bank begins accelerated CEO search after Jagdishan declines another term
Sashidhar Jagdishan will leave the Indian lender at the end of his current term on October 26 after nearly three decades with the bank.
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Japan says it spent a record 15.4 trillion yen defending the currency
Tokyo’s finance ministry said it intervened heavily between late July and late August to slow the yen’s decline, in what AFP described as the largest monthly intervention on record.
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Warsh Uses Jackson Hole Speech to Keep Rate Hikes in Play as Inflation Stays Above Target
Federal Reserve Chair Kevin Warsh said inflation had not improved enough to reassure the central bank, while market reaction suggested investors took the Jackson Hole remarks as a sign that tighter policy could still be coming.
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SK Gas pays record $5.3 million for priority Panama Canal passage
The South Korean company secured a 1 September transit for the LPG carrier G. Spirit before the canal reduces daily crossings in response to El Niño-related drought.
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General Mills Removes Artificial Colors From All US Cereals
The maker of Lucky Charms and Trix says its domestic cereal lineup now relies on colors derived from fruits, vegetables and spices, while other products are due to change by the end of 2027.
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Hyundai and workers reach tentative agreement after month of strikes
Reports dated 25 August 2026 documented hyundai and workers reach tentative agreement after month of strikes, marking a significant business development.
Open story ↗Latvia bans imports from Russia and Belarus from September
Reports dated 25 August 2026 documented latvia bans imports from Russia and Belarus from September, marking a significant business development.
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France and Saudi Arabia Sign €6 Billion Deal for Three Theme Parks Near Paris
France and Saudi Arabia signed a memorandum for a €6 billion Saudi investment in three theme parks near Paris, including one expected to carry a manga theme.
Open story ↗Iranian rial reaches 2.02 million rials ahead of the U.S. dollar, a record-low, ahead of U.S. sanctions
A dated account of the business development, based strictly on reporting from Time.
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U.S. sanctions drive seeks to isolate Iran’s financial links worldwide
Treasury Secretary Scott Bessent outlined a new sanctions package aimed at trade, banking and shipping ties with Iran, while Tehran and Beijing signaled resistance.
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U.S. tariffs on Canadian goods take effect as Carney promises retaliation
The United States imposed new 50% tariffs on about $20 billion of Canadian goods after trade talks failed, and Prime Minister Mark Carney vowed dollar-for-dollar retaliation.
Open story ↗Panama Canal to Tighten Ship Limits as El Niño Deepens Drought Strain
The Panama Canal Authority’s planned transit caps highlighted renewed pressure on one of global shipping’s most important shortcuts after rainfall fell sharply below normal.
Open story ↗France loads first wheat shipment to Sudan in 18 years, LSEG data shows
A vessel in France is loading about 67,000 tonnes of wheat bound for Sudan, marking the first such export from France since 2008, according to LSEG data.
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UK inflation rises to 2.9% as Iran war drives up energy bills
Reporting dated 2026-08-19 documents the event and its immediate consequences, with unresolved points retained as attributed or provisional.
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U.S. debt tops $40 trillion as borrowing costs and deficits widen
The Treasury’s latest tally puts the national debt above $40 trillion for the first time, a milestone that underscores years of deficit spending and rising interest costs.
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UAE halts trade and financial transactions with Iran after disputed missile report
The Emirati government suspended commercial ties with Iran until further notice after alleging two Iranian ballistic missiles were launched toward the country; Tehran rejected the accusation.
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Somali Airlines prepares to resume flights after 35-year pause
Somalia's government said on August 16, 2026 that the national carrier was nearing a mid-September relaunch, initially built around two Airbus A320 aircraft.
Open story ↗![37th Smart National Taekwondo Championships [1] SMART national taekwondo tourney set July 20, 21 , Philippine Sports Commission, - in -- the Rizal Memorial Coliseum [2] The Rizal…](/media/articles/commons-c2605b26102b.avif)
Central African Republic opens UAE-built solar plant to lift power output
The Central African Republic has inaugurated a 50-megawatt photovoltaic plant built by Abu Dhabi-based Global South Utilities, with the company saying the project will increase national electricity generation by more than 60 percent.
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Competition and Markets Authority of the United Kingdom clears Paramount Skydance's US$110 billion acquisition of Warner Bros. Discovery
A dated account of the business development, based strictly on reporting from AA.
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IGAD reopens Khartoum mission as Sudan conflict grinds on
The regional bloc said the return of its Sudan mission signaled a renewed institutional presence in Khartoum after operations were disrupted by the civil war that began in April 2023.
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Singapore tightens monetary policy for second time in 3 months
Reporting dated 2026-07-27 documents the event and its immediate consequences, with unresolved points retained as attributed or provisional.
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Gordie Howe bridge opens to traffic after delays and tariff tensions
The new Detroit-Windsor crossing is now open, bringing a long-delayed infrastructure project online even as Canada-U.S. trade tensions continue.
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Gordie Howe bridge tolls, and how they compare to other Canada crossings
Reporting dated 2026-07-24 documents the event and its immediate consequences, with unresolved points retained as attributed or provisional.
Open story ↗Paramount delays Warner Bros. Discovery deal as state lawsuits advance
Paramount Skydance has agreed to push back its Warner Bros. Discovery takeover plan while a coalition of 12 states tries to block the merger in court.
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Oil prices, including Brent Crude and West Texas Intermediate, increase to over US$101 per barrel and to nearly $93…
On 2026-07-23, available reporting documented crude oil both jumped, hitting their highest levels in weeks.
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US sets new tariffs on 60 trading partners over forced-labor rules
The United States announced duties of 10 percent to 12.5 percent on imports from 60 trading partners, with exemptions for USMCA-covered goods and products already under sector tariffs.
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Oil prices rise after Rubio says Iran is not serious about a deal
Reporting dated 2026-07-22 documents the event and its immediate consequences, with unresolved points retained as attributed or provisional.
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Canada cancels joint Gordie Howe bridge ceremony after Trump tariff threat
A planned cross-border celebration for the new Detroit-Windsor bridge was scrapped after President Donald Trump announced fresh tariffs on Canadian goods.
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Oil prices climb on U.S.-Iran escalation, with Brent above $90
Oil markets extended their July rally on the event date as fighting between the U.S. and Iran intensified and traders priced in a wider regional risk premium.
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US gasoline average returns to $4 a gallon as oil markets tighten
The national average reached the threshold for the first time since June 17, with renewed conflict involving Iran and disruption around the Strait of Hormuz adding pressure to crude and fuel markets.
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Iran's Hormozgan province water and wastewater company announces that United States airstrikes have damaged…
On 2026-07-18, available reporting documented officials reported facilities were destroyed as Iran warned countries hosting US forces to prepare for retaliation The escalating conflict between the United States and Iran is taking a growing toll on civilian infrastructure, with Ir
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Kuwait Airways reschedules most of its flights due to the country's airspace being closed amidst ongoing Iranian attacks
On 2026-07-18, available reporting documented kuwait Airways has rescheduled most of its flights due to the airspace closure on Saturday, the airline reported in a post on X.
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Belgium approves ban on imports from Israeli settlements
The national measure adds Belgium to a growing group of European countries acting independently as European Union governments remain divided over restrictions on settlement trade.
Open story ↗Iraq and Syria agree to rebuild Kirkuk-Baniyas pipeline as Hormuz tensions reshape energy strategy
Iraq and Syria signed a cooperation agreement on the event date to reconstruct the long-dormant pipeline link to the Mediterranean, in a move tied to efforts to reduce dependence on the Strait of Hormuz.
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US firms and Iraq sign $60 billion in deals aimed at new oil export routes
Agreements announced in Washington included pipeline plans intended to reduce reliance on the Strait of Hormuz amid regional conflict.
Open story ↗TotalEnergies and its partners inaugurate the 216 MW Hydra solar-and-battery project in the Northern Cape, South Africa, which
A dated account of the business development, based strictly on reporting from Renewables Now and Business Insider.
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