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Wednesday, August 05, 2026 7:40 AM ET

Business

Oil prices and world shares gain after Wall Street hits fresh records on strong corporate earnings

CTV News - 30 minutes ago

Shares advanced in Europe and Asia on Wednesday after the U.S. stock market rallied to records, helped by strong corporate earnings reports and hopes for a deal setting the stage for talks that might eventually lead to an end to the war in Iran.

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BBC News

Musk likely to face tough questions during SpaceX’s first earnings call as a public company - The Boston Globe

Boston Globe - 1 hour ago

SpaceX shares are down by half from their June peak as investors worry Musk may have oversold them on its future prospects.

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OilPrice.com

China’s Power Demand Hits Records as Heatwave Grips Key Regions | OilPrice.com

OilPrice.com - 2 hours ago

Extreme heat has pushed electricity demand to record highs across several Chinese regions without causing reported blackouts.

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Channel NewsAsia

Kenya's stock exchange plans East Africa's first AI-focused ETF

Channel NewsAsia - 57 minutes ago

NAIROBI, Aug 5 : Kenya's Nairobi Securities Exchange is creating East Africa's first AI stocks-focused exchange-traded fund, which it plans to offer to investors before year-end, its CEO said. The Nairobi market attracts a sizeable proportion of foreign equity investors given its profitable banking sector and

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Fox News

New York's wealthy rush to avoid Mamdani's second-home tax

Fox News - 14 hours ago

About 4,800 property owners have started applying for exemptions to Mayor Zohran Mamdani's pied-à-terre tax, with a September 18 deadline looming.

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Times of India

Türkiye to remain major global sukuk, emerging market debt issuer: Fitch

Daily Sabah - 21 hours ago

Türkiye's debt capital market is expected to keep expanding, and the country is likely to remain a major global issuer of sukuk and emerging market...

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CBS News

25 states sue Trump administration over latest round of tariffs

CBS News - 14 hours ago

New U.S. tariffs are hurting consumers and businesses, California's attorney general said in filing suit to block levies on 60 countries.

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Los Angeles Times

Energy company profits are soaring with the Iran war. Here's what California officials want to do

Los Angeles Times - 1 hour ago

Sky-high earnings for oil companies and California refiners in the second quarter are renewing calls from California legislators to crack down on industry profits.

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