Commodities & Energy
Brent crude futures hit $100.07 per barrel amid escalating US-Iran conflict
Oil prices surged as US Central Command claimed to destroy five Iranian tankers following missile attacks on American warships.
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Policy & Regulation
$245 million crypto heist led by Singaporean man Lam as Bitcoin holds near $79,000 amid $246 million liquidations
Lam pleaded guilty to leading the fraud ring that stole 4,100 bitcoin and spent proceeds on luxury items. Simultaneously, Bitcoin traded at $79,624 after nearly $246 million in positions were liquidated.
Technology
$2,500 Foldable iPhone to be unveiled by Apple's first folding phone under new CEO John Ternus
Apple is set to debut a foldable iPhone priced above $2,000 at its event on September 9. Analysts expect the device to represent a major engineering shift for the company.
Commodities & Energy
Oil prices breach $100 a barrel as Gulf clashes escalate
Brent crude futures surged past $100 per barrel following mutual claims of strikes on vessels and missile attacks in the Middle East, while European stocks fell sharply.
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Technology
Google to Invest $15.1 Billion in AI Infrastructure Over 2027 and 2028
Deals
Adani Airports raises $1 billion from BlackRock, Temasek in funding deal
Markets
$99.49 per barrel: Brent crude closes up 1.6% as Iran strikes Jordan base
Economy
Saudi renewable capacity surges 88% to 12,313 gigawatts by end of 2025
Central Banks
Gold drops 0.5% to $4,405.47 after strong U.S. payrolls data
- Federal Reserve Chair Kevin Warsh signals upcoming interest rate hikes as oil prices spike to $92.68 per barrel amid US-Iran conflict
- US rate cut bets fall below 50% after Fed Governor Waller says he prefers steady rates if inflation stabilizes
- Dow Jones rises 627 points as Fed Governor Waller signals support for steady rates if inflation cools
- German bond yields spike amid fears of global fuel shortages and ECB rate hikes to 2.75%
- Fed Governor Christopher Waller urges rate hold as inflation progress continues at current 3.50%-3.75% level
Commodities & Energy
European indices drop as Brent crude hits $100 amid Middle East tensions
- Oil prices breach $100 a barrel as Gulf clashes escalate
- $98.66 per barrel: US Treasury sanctions 27 Iranian airlines amid oil rise
- Benchmark copper price reaches $14,533 a metric ton
- Oil prices climb $2.00 per barrel to $99 following Saudi Houthi attacks
- Brent crude futures advance to US$97.26 after new strikes on Iranian tankers
Crypto
$245 million crypto heist led by Singaporean man Lam as Bitcoin holds near $79,000 amid $246 million liquidations
- Bitcoin ETF inflows reach $731 million as price reclaims $80,000 level
- Payward joins SoFi Exchange Network for round-the-clock US dollar settlement
- Standard Chartered launches spot Bitcoin and Ether trading for institutional clients in UAE
- Diesel prices hit record $5.85 nationwide amid global refinery disruptions
- Bitcoin rallies to $81,000 as short positions unwind and dollar weakens
Deals
Volkswagen Supervisory Board Approves Plan to Cut 100,000 Jobs by 2030
- Nvidia agrees to acquire Hugging Face for $12.9 billion
- Rays of Belief shares expected to be allotted today following 107.71x over-subscription
- $99.46 Brent crude rises after Iran strikes US bases in Jordan and Gulf
- Trump threatens to ban US sales of Bombardier jets unless they manufacture in America
Earnings
Dangote Refinery records N2.55 trillion profit in six months with $13.91 billion revenue
- Campbell Soup cuts quarterly dividend by more than one-third on weak sales forecasts
- NREIT profits rise 328% to N6.05 billion in H1 2026
- Lululemon shares fell 20% after full-year forecast cut and new CEO appointment
- ESDS Software shares surge 235% above IPO price in four sessions, hitting Rs 1,438.85
- British chip maker IQE reports first-half core profit of £6 million, guided for AI data centre growth
Economy
US economy added 162,000 jobs in August
- Eurozone Bond Yields Hit 15-Year High as Gulf Conflict Drives Market Selloff
- U.S. 10-Year Treasury Yield Climbs to Highest Level Since November 2023
- RBI to withdraw ₹7 lakh crore via reverse repo amid record liquidity surplus
- Nifty IT index down over 2% as Infosys shares fall 3.37%
Markets
Brent crude hits $96.80 after US-Iran tit-for-tat tanker strikes
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Anthropic researcher claims AI extinction risk is over 10% within the next decade
More Policy & Regulation →Business
$2,500 Foldable iPhone to be unveiled by Apple's first folding phone under new CEO John Ternus
- Visa Stablecoin Settlement Volume Hits $20 Billion Annualized Run Rate, 15x Year Over Year
- US Stocks Drop 664 Points Amid Trump Threat to Ban Bombardier and Canada's Tariff Escalation
- Dangote Refinery Announces $1.6 Billion IPO Opening September 2026
- $24 billion valuation as Samsung leads €3 billion funding for Mistral AI