Israel has resumed combat operations targeting Hamas in Gaza after seven days of truce expired without renewal.
Reports say that even as Egyptian and Qatari mediators are continuing efforts to reach an agreement between the two sides to extend the truce, explosions and gunfire are taking place in the Palestinian enclave.
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Political News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.