The US Treasury extends sanctions exemption for Lukoil International GmbH sale until August 22, prohibiting fund transfers to Russia, under General License 131H.
Moody's warns that the trillion-dollar annual spending on AI infrastructure by hyperscalers (Microsoft, Amazon, Alphabet, Meta, Oracle, CoreWeave) is eroding their free cash flow and increasing balance-sheet risk, despite robust demand for AI computing.
Company refutes market shutdown rumors, confirms record-breaking Phone (4b) sales, and announces restructuring with AI-native unit and regional hubs, impacting certain positions.
Major auction houses like Sotheby's and Christie's achieved nearly $10 billion in sales in the first half, marking a record start to the year. This surge is attributed to massive wealth creation from the AI boom, IPOs, and rising stocks, attracting new, younger collectors to diverse categories from fine art to dinosaur bones.
Le Borse europee proseguono in rialzo, sostenute da Wall Street e dal comparto finanziario, nonostante le tensioni in Medio Oriente. Il petrolio cala mentre il gas sale. A Piazza Affari brillano le banche, con Mediobanca e Intesa in forte crescita, mentre Poste e Stm registrano cali.
New Liverpool head coach Andoni Iraola has outlined the roles of his backroom staff, including Tommy Elphick and Shaun Cooper, and discussed their focus on improving the team's set-piece performance. He also expressed gratitude for inheriting a talented coaching team at Bournemouth.
Luis Rosales Fouz, hijo del poeta Luis Rosales, descubrió un baúl con documentos inéditos de su padre en un trastero de su antigua casa en Madrid. El hallazgo incluye cartas de Octavio Paz, bocetos de poemas y papeles de su trabajo en el Instituto de Cultura Hispánica, arrojando nueva luz sobre su vida y su relación con Federico García Lorca.
An unnamed Shanghai-based company aims for an IPO by year-end, driven by Beijing's semiconductor self-reliance initiative amidst ongoing US export controls.
Corporate Bitcoin holdings, often financed by convertible notes and preferred shares, face maturity and dividend pressures that can force companies like Strategy and Bitdeer to sell BTC, impacting market supply regardless of long-term price beliefs.
The World Foundation raised $52.5 million from investors like Pantera Capital to expand World ID, its "proof of human" system, amid accelerating AI development. The iris-scan technology, co-founded by Sam Altman, faces regulatory scrutiny in several countries.
Volkswagen reported a 9.5% drop in Q2 operating profit and cut its annual revenue forecast by up to 3% due to a significant sales slump in China. The German carmaker is implementing a cost-cutting program, including plans to axe up to 100,000 jobs globally, facing union opposition.
Invitalia ha approvato il bilancio 2025 con un utile di 9,16 milioni di euro (12,3 milioni consolidato). L'agenzia ha sostenuto oltre 62.000 progetti d'impresa, attivato 22,7 miliardi di investimenti e gestito 303 gare d'appalto per 3,3 miliardi, concentrandosi sul Mezzogiorno e le crisi industriali.
World, co-founded by OpenAI's Sam Altman, secured $52.5 million through a WLD crypto token sale to strategic investors like Pantera Capital. The funds will support the World Foundation's network expansion for its 'proof of human' verification system, despite past scaling challenges.
Bitcoin mining pool Poolin Technology filed for Chapter 11 bankruptcy, owing $163.7 million in IOUs to wallet users. Its Texas affiliates seek court approval to sell assets for an initial $52 million, covering only 31.8% of the IOUs, with final recovery for unsecured creditors uncertain due to various unresolved factors.
Donald Trump has endorsed Mike Lindell for Minnesota governor, but the state's Republican Party chairman, Alex Plechash, expressed surprise and slammed Lindell's credentials, citing financial issues, electability concerns, and his past promotion of election conspiracy theories.
German farmer Michael Stucke's "Rainbow Wool" project rescues gay rams from slaughter, using their wool for fashion. Profits support the LSVD+ foundation, aiding LGBTQ+ refugees in Europe, and challenges the notion of sexual orientation as a choice.
Star defensive end Myles Garrett has listed his Ohio home for $2.1 million, signaling a new chapter after his "landscape-altering" trade from the Cleveland Browns to the Los Angeles Rams, ending his nine-year tenure in Cleveland.
Parents in Melbourne's inner-north are urging state and local governments to save the Don Bosco Youth Centre and Hostel in Brunswick, which has provided free services and accommodation for nearly 90 years. The Catholic-owned site, advertised for sale for an estimated $10 million, has garnered over 3,300 petition signatures from a community calling it the "soul of Brunswick."
German farmer Michael Stucke, with Nadia Leytes and late Johan, founded "Rainbow Wool" to save "unprofitable" gay rams from slaughter, using their wool for fashion. Profits support the LSVD+ foundation, aiding nearly 2000 LGBTQ+ refugees in Europe, advocating for animal and human rights.
Online sales in Great Britain reached a five-year high in June, rising 1% month-on-month, driven by a heatwave boosting demand for air conditioners and outdoor products, and World Cup spending, according to the ONS.
The US Senate Commerce Committee approved the "Connected Vehicle Security Act of 2026," which bans vehicles from companies with over 15% Chinese ownership. This legislation could bar Mercedes-Benz (due to 20% Chinese investment) and Polestar (majority-owned by Geely) from the American market, prompting concerns from European automakers.
Peter Barber, co-founder of Australian video tech firm Blackmagic Design, is suing the company and co-founders Grant Petty and Douglas Clarke in Federal Court, alleging he's been denied dividends, information, and the ability to sell his $98M stake due to hostility.
Singapore-based Bitcoin mining pool Poolin and two US affiliates filed for Chapter 11 bankruptcy in a New Jersey court, citing estimated liabilities of $100M-$500M. The company, once the largest Bitcoin mining pool, now ranks 17th and seeks to sell two Texas mining sites for $52M.
Hong Kong's life insurance industry recorded HK$141.1 billion (US$18 billion) in new policies in the first quarter, a significant increase from the previous year. This marks the third consecutive record-breaking first quarter since the Insurance Authority's establishment in 2016, following Manulife's redomiciliation to the city.
