News
UAE Bucks Risks to Lead Hormuz Oil Shipping
The United Arab Emirates has moved more oil through the Strait of Hormuz than any other producer over the past two months, providing a much-needed…
Ukraine aims to have 50,000 combat robots built this year - as Zelensky pleads for allies to provide missile shield
Ukraine is aiming to build at least 50,000 combat robots to support and replace its soldiers fighting on the frontline.
Saudis Call New Coalition for the Red Sea; Iran Backed Houthis Attack Ships
By Shashi P.B.B. Malla Saudi Arabia is in the process of forming a military coalition to protect shipping in the Red Sea and the entry/exit,…
Two topics in mathematical finance: mandate models and mean-variance hedging
Sun, R. (2026). Two topics in mathematical finance: mandate models and mean-variance hedging [PhD thesis]. London School of Economics and Political Science. https://doi.org/10.21953/researchonline.lse.ac.uk.00140476
Ransom Cartel Creator Gets 16 Years in Prison for Operating Ransomware-as-a-Service
A federal judge in Alexandria, Virginia, sentenced Maksim Silnikau to 16 years in prison on August 5 for creating and running Ransom Cartel, the ransomware-as-a-service…
German factory orders rise faster than expected; Asian shares fall on tech pullback – business live
Germany’s biggest arms maker Rheinmetall slashes outlook after cancelled government contract; crude oil prices hold below $80 a barrel Good morning, and welcome to our…
Europe opens higher amid new earnings, data
Major stock market indexes in Europe opened higher on Thursday as investors assessed the latest batch of earnings and data released throughout the day. Earlier,…
Trade Liberalization Never Lifted All Boats
Yves here. Jomo provides a high-level view of how the US promoted selective trade liberalization, designed to preserve US and advanced economy advantages. A key…
Novo Nordisk A/S: Trading in Novo Nordisk shares by board members, executives and associated persons
Bagsværd, Denmark, 6 August 2026 — This company announcement discloses the data of the transaction(s) made in Novo Nordisk shares by the company’s board members, executives…
Exiled PM Sheikh Hasina vows return to Bangladesh
Sheikh Hasina vowed to return to Bangladesh despite facing a death penalty, telling supporters that fear could not decide her "duty to the people." Ousted…
Not a moon crash, but AI sends SpaceX shares spiralling 14% lower on Wall Street. What lies ahead?
SpaceX shares plunged 14% as investors raised concerns over the company’s aggressive AI spending plans, despite strong quarterly results. The stock decline coincided with reports…
President Trump Prioritizes Deal with Iran Over Major Military Strike
President Trump expresses preference for negotiations with Iran after pausing plans for a large-scale attack. He emphasizes avoiding bloodshed while maintaining that Iran must not…