Day: August 3, 2026

Tehran has not responded to the suggestion that new talks are imminent. Trump has previously said a negotiated end to the war is close, only for strikes to resume. ...

FIFA abandoned its plans on Friday to spin off its commercial arm as a $20 billion private entity following a soccer world revolt that has pushed President Gianni Infantino’s leadership to the brink. On Saturday, UEFA — which had threatened to boycott the World Cup — declared victory over the ...

China’s BYD recorded a 22% year-over-year increase in EV sales in July, marking a third straight month of growth, as overseas gains continued to help offset slumping demand at home. The company must sharply lift its second-half sales to meet its annual goal, Bloomberg noted, as a sluggish Chinese economy ...

US President Donald Trump’s diplomatic push to disarm Hamas has run into headwinds as political resistance in Israel and disagreements with Hamas over implementation cast doubt on the US-backed plan. Trump hailed the agreement last week as a “monumental step” that Israel was “very happy” about, but he dodged key ...

The US and Japanese governments coordinated to stabilize the yen after the currency plummeted last week, a historic intervention aimed at preventing wider economic destabilization. The yen is “very undervalued,” US Treasury Secretary Scott Bessent said on Friday — Japan’s currency has weakened for months, a phenomenon economists attributed to ...

US President Donald Trump abruptly called off a new round of planned strikes on Iran on Saturday after some of Washington’s Gulf allies pushed for deescalation. The pause was contingent upon “rapidly” arriving at a deal to reopen the Strait of Hormuz, Trump said, as Iran and Oman discussed a ...