French Maize Crop Rating Holds Steady at Record Low
French grain maize crop ratings stabilized at a record low in mid-August after nine weeks of decline, with harvest prospects still grim.
Economy
Euro zone business activity accelerates to fastest pace this year
Euro zone business activity grew at its fastest pace this year in August, led by manufacturing and a rebound in exports.
Over 300 Ukrainian Fuel Stations Hit by Russian Strikes in Six Months
Ukraine's energy minister says Russian attacks damaged or destroyed more than 300 gas stations in the past six months, calling it a major economic blow.
Indonesia and China Launch New Strategic Dialogue in Jakarta
Indonesia and China held their first Comprehensive Strategic Dialogue in Jakarta, agreeing to boost trade and cooperation.
Indonesia, China Launch Strategic Dialogue to Deepen Ties
Indonesia and China held their first Comprehensive and Strategic Dialogue in Jakarta, pledging deeper defense and economic cooperation.
French private sector output dips as services slump in August
French business activity contracted in August, driven by a services slowdown linked to extreme heat, despite a manufacturing rebound.
UK July Deficit Defies Forecasts as Inflation Drives Up Spending
Britain recorded a surprise £1.8 billion budget deficit in July as inflation-fueled spending outweighed record tax receipts.
Manitoba premier calls Trump 'bad person' as Canada weighs trade deal
Manitoba Premier Wab Kinew criticizes Trump as trade talks near a deal, urging Canadians to keep buying domestic products.
Global Roundup: Dam Payouts, Fraud Sentence, UK Budget, Ukraine Drones
Brazil expands dam payout, fashion CEO sentenced, UK budget warning, Ukraine seeks Starlink drones.
Trump promises 'economic D-Day' for Iran as war enters sixth month
The Trump administration is escalating sanctions on Iran, promising an 'economic D-Day,' but Tehran has weathered decades of similar pressure.
Commodity Ship Traffic Through Hormuz Falls to Seven Vessels
Only seven commodity ships used the Strait of Hormuz on Thursday, down from 14 the prior day, as Middle East shipping risks persist.
China Vows Timely Fiscal Measures as Economy Slows
China pledges timely fiscal support and spending reforms to counter economic slowdown, focusing on consumption and people.
Dollar slips as Treasury buyback plan fails to calm debt worries
The dollar is set for a weekly loss as Treasury buybacks fail to reassure investors worried about US debt and fiscal credibility.
Guzman y Gomez annual profit jumps 30% on strong Australia network sales
Guzman y Gomez reported a 30% rise in annual underlying profit, driven by strong Australian network sales, sending shares to a near one-year high.
Oil prices steady but set for weekly gain as US-Iran conflict drags on
Oil prices were flat on Friday but on track for a second weekly rise as the unresolved US-Iran war keeps supply from the region curtailed.
Asian Markets Head for Weekly Losses as Bond Yields, Oil Prices Stay Elevated
Asian shares are set for weekly declines as persistent bond market stress and high oil prices weigh on sentiment.
Gold Holds Steady, Set for Third Straight Weekly Gain
Gold prices held steady on Friday, heading for a third consecutive weekly gain, supported by a weaker dollar and Treasury buyback plans.
Japan's Core Inflation Quickens in July, Keeping BOJ on Track for September Move
Japan's core CPI rose 1.8% in July, accelerating from June and supporting expectations for a BOJ rate hike in September.
China, Indonesia Hold Rare 2+2 Ministerial Talks in Jakarta
Chinese and Indonesian foreign and defence ministers meet in Jakarta for rare 2+2 talks covering security, politics, and economic issues.
US Treasury Doubles Bond Buybacks as National Debt Crosses $40 Trillion
The US Treasury is doubling its bond buyback program to $4 billion per operation, even as national debt tops $40 trillion.