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U.S. producer price index unchanged month-on-month in July

Cooling July inflation data reinforced expectations of an unchanged Federal Reserve rate stance in September, driving mixed U.S. equity performance for the week ending August 14 Eastern Time. The S&P …

Harvey Nichols bought by owner of Sports Direct

Luxury department store Harvey Nichols has been bought by the owners of Sports Direct, which warned a "significant restructuring" will be needed to ensure the 200-year-old business remains sustainable…

Why Japanese firms are being so slow to use AI

Facing acute labour shortages, ageing demographics and chronic productivity problems, Japanese companies should be fertile ground for the take-up of artificial intelligence (AI). Yet, compared with th…

U.S. budget deficit widens to $1.8 trillion through July

It’s been just over one year since Liberation Day—when the US administration announced sweeping tariffs on all trade partners to reduce imbalances—but trade deficit hasn’t narrowed while trade has bee…

Discord ordered to suspend livestreams in Brazil

Brazil's data protection authority (ANPD) has ordered Discord to suspend its livestreaming feature after a teenage girl was allegedly encouraged to take her own life in a broadcast on the platform.

Local Bounti stock falls 5% on second quarter revenue miss

Media, broadcasting, and digital services company E.W. Scripps SSP missed Wall Street’s revenue expectations in Q2 CY2026, with sales falling 9.2% year on year to $490.4 million. Its GAAP loss of $12.…