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today's top stories

  • Wall Street Aims To Bounce Back August 25, 2026 08:09 ET

    The U.S. is planning to widen economic sanctions against Iran, while China, the biggest buyer of Iranian oil, said the sanctions are illegal and it would take measures to protect its right. Trump administration is planning to increase application fee for H1-B visa issued to foreign professionals seeking...

  • Department Of Justice Launches National Fraud Detection Center August 25, 2026 07:25 ET

    The U.S. Department of Justice has launched the National Fraud Detection Center, a prosecutor-led, multi-agency team designed to investigate the most harmful actors defrauding federal government programs, including illicit actors overseas and those operating fraud schemes across federal programs. The...

  • EU Sends Urgent Support To Serbia As Wildfires Intensify August 25, 2026 07:16 ET

    The European Union has sent urgent support to Serbia through its Civil Protection Mechanism as severe wildfires continue to affect the Deliblato Sands Special Nature Reserve, where more than 3,500 hectares have already been impacted. In response to the worsening situation, Serbia activated the Civil...

  • German Business Confidence Strongest In A Year August 25, 2026 07:07 ET

    German business confidence rose to the highest level in a year in August, indicating the resilience of the economy despite ongoing tensions in the Middle East, low water levels in the main transportation waterways and higher energy prices, survey results from the ifo Institute showed Tuesday. The business climate index rose to 88.8 in August from 86.7 in the previous month.

  • 58 Arrested In Global Operation Against West African Crime Groups August 25, 2026 06:44 ET

    An eight-month-long global operation targeting West African organized crime groups has led to the arrest of 58 criminals and the identification of 263 suspects. Operation Jackal IV was launched in November 2025 to disrupt money laundering, identify high-value targets, seize assets, and support arrests...

  • UK, Ukraine Sign AI Deal To Develop New Military Capabilities August 25, 2026 06:39 ET

    The United Kingdom and Ukraine have signed a landmark AI deal as the two countries join forces to develop new military capabilities and the technology of the future. Bringing together Britain's world-leading AI ecosystem with Ukraine's operational experience, engineering talent and technological...

  • US Imposes Tough Sanctions On Iran, Naval Blockade Of Iranian Ports August 25, 2026 05:47 ET

    The United States has imposed a tough round of sanctions on Iran, alongside a naval blockade of Iranian ports. The Office of Foreign Assets Control sanctioned nearly 60 entities, individuals, and vessels in multiple jurisdictions that enable the Iranian regime's nuclear and missile technology procurement, cyber operations, and oil-revenue generation networks. Announcing the sanctions, US Treasur

  • European Shares Edge Higher On Iran Sanctions Relief August 25, 2026 05:12 ET

    European stocks were modestly higher on Tuesday as U.S. Treasury yields eased from recent highs following reports that the Treasury could use its near $1 trillion General Account to help fund its recently announced bond buyback program. Investors also took comfort in a softer-than-feared U.S. sanctions...

  • Biotech Stocks At 52-Week Highs - VOGX, PHVS, SOLV, IKT, HTFL August 25, 2026 04:00 ET

    Around 39 different biotech companies reached a 52-week high in share price on Monday. We explore the reasons behind this ascent and discuss the companies' pioneering research to improve heart health and patient outcomes.

  • German GDP Growth Beats Estimate August 25, 2026 03:50 ET

    Germany's economy expanded more than estimated in the second quarter as exports remained strong despite geopolitical tensions, official data revealed on Tuesday. Gross domestic product posted a quarterly growth of 0.3 percent, which was revised up from 0.2 percent estimated initially, revised data showed. This followed an expansion of 0.4 percent in the first quarter.

  • European Shares Poised For Higher Open As Bond Yields Ease August 25, 2026 01:47 ET

    European stocks are seen opening broadly higher on Tuesday as U.S. Treasury yields moved lower following reports that the Treasury could use its near $1 trillion General Account to help fund its recently announced bond buyback program. U.S. stock futures ticked higher ahead of key earnings and U.S....

  • 5 After-Hours Healthcare Gainers: AMIX, PMI, TENX, KURA, NEPH August 24, 2026 22:07 ET

    The after-hours gainers on Monday included Autonomix Medical, following its recent reverse stock split; Picard Medical, which reported encouraging Q2 results recently; and Tenax Therapeutics, now showing signs of recovery after plunging 90% earlier this month, among others.

  • Shein Targets Up To $26.8 Bln Valuation In Hong Kong IPO August 24, 2026 18:27 ET

    Fast-fashion giant Shein is preparing to make its long-awaited debut on the Hong Kong Stock Exchange on September 1, targeting a valuation of up to $26.8 billion.

  • Powerus Develops $5,000 Drone Interceptor As Demand For Counter-Drone Systems Grows August 24, 2026 18:26 ET

    Powerus, a West Palm Beach, Florida-based startup, has developed the Guardian, a low-cost drone interceptor designed to counter the growing threat from unmanned aerial systems.

  • UPS To Invest More Than $2 Bln In International, Healthcare And Supply Chain Businesses August 24, 2026 18:25 ET

    United Parcel Service (UPS) plans to invest more than $2 billion across its international, healthcare and supply chain solutions businesses between 2024 and 2028, as the company expands its logistics capabilities amid increasingly complex global supply chains.

Global Economics Weekly Update - Aug 17 – Aug 21, 2026

August 21, 2026 14:42 ET
The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.