Gold rebounds above $4,000 after worst quarter in 13 years

Gold clawed back above $4,000 per ounce on Wednesday after briefly touching its lowest level since November 2025,…

Wave of coaches resign after 2026 World Cup exits

The 2026 FIFA World Cup has triggered a wave of managerial departures as national team coaches take responsibility…

Chip stocks slide as bubble warnings follow historic Q2 rally

Semiconductor stocks opened the second half of 2026 under heavy selling pressure on Wednesday, as bubble warnings from…

BoE floats market-wide ‘kill switches’ for AI trading

Artificial intelligence dominated discussions at the European Central Bank's annual forum in Sintra, Portugal, this week, with central…

Crédit Agricole launches euro stablecoin as MiCA deadline hits

French banking giant Crédit Agricole has launched EURXT, a euro-pegged stablecoin issued through its securities services arm CACEIS,…

Emerging markets tech stocks soar over 90% in H1 2026

Emerging markets technology stocks closed out the first half of 2026 as the world's top-performing asset class, with…

IBM quantum computer simulates hadronization for first time

A physicist at Lawrence Berkeley National Laboratory has used an IBM International Business Machines Corporation quantum computer to…

German banks reject ECB plan to double reserve requirements

The European Central Bank is weighing a plan to double the share of cash that eurozone lenders must…

Trump administration declines to extend USMCA trade pact

The Trump administration formally declined to extend the United States-Mexico-Canada Agreement on Wednesday, the trade pact's six-year anniversary,…

Scientists build synthetic cell from scratch for first time

Researchers at the University of Minnesota Twin Cities have created SpudCell, a synthetic cell assembled entirely from non-living…

Russia shuts rail border crossings with Finland, Estonia, Latvia

Russia on Wednesday suspended all rail traffic through seven border crossings with Finland, Estonia, and Latvia, severing some…

Gulf sovereign funds hit record $53.9B in H1 deals

Gulf sovereign wealth funds defied volatility triggered by the Iran war to post their most active first half…

Abu Dhabi’s MGX closes $49B AI fund, one of largest ever

Abu Dhabi-based technology investment firm MGX on Wednesday closed a $49 billion artificial intelligence fund, exceeding its $45…

Gulf M&A nearly triples to $300B as banks rush to hire

The value of deals involving Gulf entities rose almost 200% in the first half of 2026 to approximately…

Gold surges after Warsh tempers rate hike fears at Sintra

Gold prices staged a sharp reversal on Wednesday, climbing more than 2% after Federal Reserve Chair Kevin Warsh…

Meta building cloud business to sell excess AI compute

Meta Platforms is developing a cloud infrastructure business to sell excess AI computing capacity to outside customers, Bloomberg…

Global M&A hits record $2.8 trillion in first half of 2026

Global mergers and acquisitions reached an all-time high in the first half of 2026, with announced deal value…

EU’s MiCA crypto deadline takes effect, locking out unlicensed firms

As the European Union's Markets in Crypto-Assets Regulation reached its final enforcement deadline on July 1, 2026, a…

Goldman Sachs projects 3M barrel-per-day oil glut in 2027

Goldman Sachs The Goldman Sachs Group, Inc. warned on Wednesday that a coming wave of oil supply will…

UN panel warns AI outpacing global ability to govern it

A United Nations scientific panel released its first report on artificial intelligence on Wednesday, warning that AI capabilities…

Sony to end physical disc production for new PlayStation games in 2028

Sony has announced it will stop producing physical discs for all new PlayStation games starting in January 2028,…

BYD set to reclaim global EV sales crown from Tesla in Q2

BYD reported 557,090 battery-electric passenger vehicle sales in the second quarter of 2026, a figure that will almost…

Saudi Aramco makes rare spot oil sales to Asia as Gulf exports surge

Saudi Aramco has sold at least 6 million barrels of crude oil on the spot market to customers…

Swedish court orders Google to pay $1.97B to Klarna’s PriceRunner

Stockholm's Patent and Market Court ruled on Wednesday that Alphabet's Google must pay approximately 14.3 billion Swedish crowns…

Allianz warns climate change is making more assets uninsurable

As a deadly heat wave claims more than 1,300 lives across Europe, one of the world's largest insurers…

European gas prices climb as heatwave and Qatar disruption squeeze supply

European natural gas prices climbed to their highest levels in over two weeks on Tuesday, as the continent…

U.S. export bans on AI accelerate China’s push to close the gap

A new generation of Chinese artificial intelligence models is eroding the lead long held by American labs, arriving…

Emerging market currencies slide as dollar holds near 14-month high

Emerging market currencies came under renewed pressure on Tuesday as the US Dollar Index held near its highest…

QatarEnergy extends LNG force majeure as Europe’s gas stocks hit 15-year low

Europe is on track to enter the 2026-27 heating season with its lowest natural gas reserves in at…

Iran says nuclear talks won’t advance until Lebanon commitments are met

The diplomatic architecture President Trump built to end the US-Iran war is straining under pressure from both Israel…