Two tornadoes wrought devastation in central China's Hubei province, state media said on Tuesday, killing at least eight people as winds of up to 149 kph (92.58 mph) overturned cars and ripped roofs from buildings, leaving trails of mangled metal in their wake.Over four hours on Monday evening, gal…
Staff WriterADNOC Distribution has entered into a definitive agreement to acquire 100% of the share capital of Shell Downstream South Africa (SDSA) from Shell South Africa Holdings in a deal with an implied enterprise value of about $1 billion.The acquisition, which is subject to regulatory approva…
The Philippine Central Bank is likely to further hike rates, despite inflation easing in June, says ING's Deepali Bhargava in a note. Prices eased last month, offering some reassurance that inflation has peaked. However, underlying price pressures remain elevated and are likely to keep Bangko Sentr…
Investors seem to have set up a bearish base at $84-$85 levels, around which they'll defend in the coming days, setting the stage for future price action.The Global X Uranium ETF ($URA) reflects the price action of uranium, trading around $44. When both commodity charts and ETF charts show a lack o…
Staff WriterFour Egyptian destinations have been ranked among Africa’s top 10 cities for hotel development, with Greater Cairo securing the top position, according to the latest report by W Hospitality Group.The report ranks Greater Cairo first, followed by Sharm El Sheikh in second place, Marsa Al…
EQS Newswire / 07/07/2026 / 06:45 CET/CESTSHANGHAI, CHINA - Media OutReach Newswire - 7 July 2026 - On June 30, 2026, New York time, the launch ceremony and New York Forum for OUR WATER Season 3 were successfully held at Bloomberg Headquarters in New York. This event, themed "Rivers of Opportunitie…
The benchmark equity indices Sensex and Nifty extended their winning run for the fifth straight session on Tuesday, supported by foreign fund inflows and a decline in crude oil prices to pre-war levels amid easing tensions in West Asia.At around 11:15 a.m., the Sensex was trading 277.62 points or 0…
Staff WriterThales has announced the signing of its first contract with Egypt’s Ministry of Defence through TBEI, its joint venture with Benha Electronics Industries, to supply VHF-HD tactical radios for the Egyptian Armed Forces.The agreement marks the first major programme awarded to TBEI, the jo…
The annual inflation rate in the Netherlands eased to 2.9% in June 2026, confirming preliminary estimates and down from a one-year high of 3.5% in May.The slowdown was largely driven by transport inflation, which eased to 6.9% from 9.9% amid lower motor fuel prices as global oil prices declined.Inf…
By Bharath Rajeswaran and Vivek Kumar MIndian shares inched higher on Tuesday, extending a four-session rally, as upbeat corporate updates, lower crude prices, progress in monsoon rains and a return of foreign inflows supported sentiment.The benchmark Nifty 50 NSE:NIFTY rose 0.2% to 24,478.60, whil…
Media release (PDF)Ad hoc announcement pursuant to Art. 53 LRDear Madam, Dear Sir Please find enclosed our today’s Media release.Best regardsContentSaving the news in databases or any forwarding of the news to third parties in a commercial context or for commercial purposes is only permitted with t…
In a market short on fresh triggers, several stocks quietly grabbed attention on July 7, driven by technical breakouts, strong price action, and sustained buying interest.The selected stocks are showing strong upward momentum, trading well above their key short- to medium-term moving averages, whic…
BRISBANE, AUS, July 7, 2026 - (ACN Newswire) - Annature, the Australian eSignature and identity verification platform, has today released its complete AML/CTF compliance module for accounting practices, coinciding with the commencement of Tranche 2 obligations under the Anti-Money Laundering and Co…
By Yoshifumi Takemoto and Leika KiharaJapan's government on Tuesday pushed back against market views it was watering down its commitment to fiscal reform and pressuring the central bank to keep rates low, as concerns over its expansionary policy push bond yields to multi-decade highs.In a draft eco…
BofA Securities expects cloud to remain "the largest and most visible monetization model" in China for enterprise AI services. Rising compute requirements for AI training and inference are likely to support the demand, its analysts say in a research note. A growing adoption of "Model as a Service"…
HSBC LSE:HSBA is halting lending to riskier private credit clients after high-profile bankruptcies cast doubt on underwriting standards in the sector and pushed banks to cut their exposure, the Financial Times reported on Tuesday, citing three people familiar with the matter.The bank has told some…
By Robyn MakMemory chips may be in the midst of an historic if uncertain AI boom, but the risk of a painful downturn still looms. That may be why industry giants Samsung Electronics KRX:005930 and SK Hynix KRX:000660 are turning to multi-year contracts to help protect earnings. It's prudent, given…
India’s BSE Sensex edged up about 0.2% to 78,412, marking a fifth consecutive session of gains, as continued foreign fund inflows and upbeat corporate business updates offset caution ahead of the June-quarter earnings season.Sentiment remained supported by sustained foreign portfolio investor inflo…
Australian supermarkets may not benefit from inflation quite as reliably as they have in the past, Jefferies analysts warn. They attribute the recent rise in packaged-goods prices revealed by the investment bank's proprietary supermarket survey to the Iran conflict, and think that elevated fertiliz…
Bangko Sentral ng Pilipinas is likely to hike its policy rate by 75 basis points over the remainder of 2026, Goldman Sachs economists say. Headline inflation eased to 6.4% on year in June from 6.8% in May as fuel and food prices fell. "However, the broader inflation environment is less benign," the…
