Houthis threaten to attack shipping tankers if they use Saudi Arabian ports on Red Sea
Warning to shipping companies, on top of Iran’s chokehold on strait of Hormuz, may severely affect Saudi oil exports
Economy
ECB appoints Boris Kisselevsky as Director General Secretariat
The Executive Board of the European Central Bank (ECB) has appointed Boris Kisselevsky, currently Head of the ECB Representative Office in the House of the Euro in Brussels, as Director General Secretariat. Mr Kisselevs…
WTI Crude Oil advances on US-Iran supply disruption fears as traders await API report
West Texas Intermediate (WTI) trades around $84.40 at the time of writing on Tuesday, up 2.6% on the day, as concerns over global Oil supplies continue to support prices despite hopes for a diplomatic de-escalation in t…
Silver Price Forecast: XAG to break resistance trendline, eyes on $60
Silver price (XAG/USD) surges over 4.50% on Tuesday, reaching five-day highs, clearing $59.00 as buyers push the white metal to test a downslope resistance trendline near the $59.65/$50.75 range, about to surpass the $6…
Airbus to test folding wings for next generation of bestselling planes
Such technology solves problem of longer, thinner, energy-saving wings not fitting in airports around the world
Can airport really go carbon neutral amid plans to expand flights?
Giant heat pumps, electric vehicles, and new fuel efficient planes are being ordered by an airport introducing major changes to cut its carbon emissions.
Canadian Dollar: Mean reversion faces tariff headwinds – Societe Generale
Societe Generale strategists note that softer June inflation in Canada has stalled the Canadian Dollar’s (CAD) rebound from 1.4250 toward 1.40 against the US Dollar (USD). Failure to reclaim the 50-day moving average ar…
India: Weather-driven inflation risks – Standard Chartered
Standard Chartered Bank economist Saurav Anand highlights rising inflation risks for India as deficient monsoon rains and persistent El Niño threaten food output. The report notes sowing is down and reservoir levels are…
UK's first sugar factory at risk of closure
More than 100 jobs could be at risk after British Sugar announced plans to shut one of its four factories.
Gold price rallies amid Gulf war strikes, strong US Dollar
Gold price surges on Tuesday during the North American session, up by more than 1.50% amid continued missile strikes between the US and Iran despite mediators' efforts to end the war. The XAU/USD trades at $4,071
Ryanair broken window may have been caused by 'foreign object'
An incident on a Ryanair flight which saw a passenger partially sucked out of a plane window may have been caused by "foreign object damage" to an engine, said the airline's boss.
British Pound: Fiscal flexibility weighs on Pound – ING
ING’s Francesco Pesole notes that Gilts and the Pound saw turbulence as new UK Prime Minister Andy Burnham signalled flexibility on fiscal rules and appointed John Healey as Chancellor. Sterling’s initial reaction was l…
Meta adds Xbox Game Pass starter to Horizon+ subscription
Microsoft first started opening up access to Claude Code in December, inviting thousands of its own developers to use Anthropic’s AI coding tool daily. It was part of an effort to get project managers, designers, and ot…
UK borrows less than expected in June but public finances remain a challenge
The government borrowed slightly less than expected in June, according to figures published as new Prime Minister Andy Burnham began setting out measures to cut living costs for households.
Ozempic maker Novo Nordisk sues US rival over ‘materially misleading’ ads
Ozempic maker Novo Nordisk said on Tuesday it is suing arch US rival Eli Lilly over “false and materially misleading” adverts for its competing weight-loss and anti-diabetes treatments.
VAT to be cut from household electricity bills in October
VAT will be cut from household electricity bills, the government has announced, as part of new Prime Minister Andy Burnham's pledge to help with the cost of living.
Trump slaps 50% tariffs on Canada and Carney vows to 'intensify' trade talks
US President Donald Trump has imposed a 50% tariff on a wide range of goods imported from Canada, in retaliation for what he called "unequal treatment" of US cars, dairy and alcohol.
Euro slips as Middle East tensions boost the US Dollar despite upbeat ZEW surveys
EUR/USD edges lower on Tuesday as the US Dollar (USD) strengthens amid heightened tensions in the Middle East. At the time of writing, the pair trades around 1.1405, hovering near one-week lows.
US President Trump: “We’re not finished at all with Iran”
United States (US) President Donald Trump said during a press conference at the White House on Tuesday that Washington could intensify its military campaign against Iran, including possible strikes on the underground Pi…
Spanish hotel chain ceases operations in Cuba under pressure from Washington
A Spanish hotel chain is to cease all operations in Cuba at the end of the week due to “major difficulties” in doing business on the island under growing pressure from Washington.
Why is Danaher stock tumbling today?
Danaher Corp. shares have fallen to a new 52-week low near $172, reflecting renewed pressure on the stock after recent analyst downgrades and mixed first?quarter 2026 results that beat earnings per share but missed reve…
Dow Jones Industrial Average rebounds on earnings as Trump trades one war for another
The Dow Jones Industrial Average (DJIA) climbs around 340 points, or 0.7%, on Tuesday, snapping a three-day slide that has pulled the index away from the early July record just above 53,300. The rebound runs out of stea…
US Dollar: Complacency risk supports Dollar – ING
ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note that the Dollar is drawing broad-based support as markets slowly react to escalating tensions in the Gulf. They argue USD still has room to rall…
Euro: Range-bound against US Dollar ahead of ECB – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret highlight the Euro (EUR) trading quietly against the US Dollar (USD) in a tight low-1.14 range, with limited reaction to stronger ZEW sentiment data. Short-term rate…