Reuters
Brent and WTI oil prices fell by 0. 44% due to rising production and concerns about the impact of US tariffs on demand. Russian oil exports fell to a four-week low.
Indian Prime Minister Narendra Modi confirmed support for a peaceful settlement of the war in Ukraine during a conversation with Volodymyr Zelenskyy. The leaders discussed bilateral partnership and ways to deepen cooperation.
The net profit of Russian Rosneft in the first half of 2025 fell by 68% to 245 billion rubles. This happened due to oil overproduction by OPEC countries and falling prices.
Stellantis is recalling nearly 220,000 Ram ProMaster and Dodge Journey vehicles in the US. The reason is a faulty rearview camera, which impairs the driver's visibility.
On August 29, the US Court of Appeals ruled that most tariffs imposed by Donald Trump were illegal. The decision allows the tariffs to remain in effect until October 14 for an appeal to the Supreme Court.
French President Emmanuel Macron stated that Putin's refusal to meet with Zelenskyy by September 1 would indicate a deception of Trump. Macron threatened sanctions if the meeting does not take place.
Elon Musk's xAI startup has launched the grok-code-fast-1 model for autonomous programming task execution. This tool is positioned as fast and economical for common coding tasks.
The UN Security Council has decided to conclude the work of the United Nations Interim Force in Lebanon (UNIFIL) by the end of 2026. The United States supported this decision, emphasizing the changing security situation and Lebanon's need to take on greater responsibility.
Steve Witkoff, special representative of the US President, after his visit to Moscow, misinformed Americans and Ukrainians regarding Putin's proposals. This caused confusion due to Witkoff's lack of diplomatic experience.
Kering, owner of Gucci, is selling part of its €4 billion real estate portfolio to reduce growing debt. This could give an advantage to competitors such as LVMH.
Chinese giant ByteDance plans a share buyback that will raise TikTok's valuation to over $330 billion. Employees will be offered $200.41 per share, a 5.5% increase from the previous buyback.
India will increase imports of Russian oil in September by 10-20% due to price reductions by producers. This is happening against the backdrop of reduced Russian refining capacities after drone attacks.
German Foreign Minister Johann Wadephul condemned Russia's attack on Kyiv, stating that it would not go unanswered. At the same time, he called for caution regarding the involvement of frozen Russian assets.
Germany's Foreign Minister stated the indivisibility of Baltic and German security. The countries will strengthen cooperation to counter traditional and non-traditional Russian attacks.
Toyota's global sales in July grew by 4. 8% thanks to electric vehicles and hybrids. Car production increased by 5.3%.
First Deputy Minister of Defense of Ukraine Ivan Havryliuk stated that strikes on Russian oil refineries led to the issuance of fuel by coupons in some regions of the Russian Federation. This reduces the provision of necessary means for combat operations to the Russian Armed Forces.
The owner and CEO of Assan Group have been detained in Turkey on suspicion of military espionage and ties to FETÖ. 10 companies of the group have been placed under trusteeship.
Warren Buffett's Berkshire Hathaway increased its stakes in Mitsubishi Corp. and Mitsui & Co. This demonstrates confidence in the stability of these conglomerates and stimulates growth in their shares.
Britain, France, and Germany are likely to begin the process of reinstating UN sanctions against Iran on Thursday. This is due to Tehran's failure to fulfill its obligations regarding the nuclear program, although diplomats hope for further negotiations.
Ford Motor Company is recalling over 355,000 trucks in the US due to a faulty instrument panel display. The issue affects 2025-2026 F-550 SD, F-450 SD, F-350 SD, F-250 SD models and the 2025 F-150.
IAEA inspectors resumed work in Iran after evacuation, but there is no final agreement on cooperation. Tehran insists on the peaceful nature of its nuclear program.
The 50% tariffs on Indian goods introduced by Donald Trump could reduce India's exports by $37 billion, nullifying billions of dollars saved on Russian oil. This decision will have long-term consequences for India's economy and Prime Minister Modi's political standing.
The European Commission rejects Donald Trump's accusations of discrimination against American technologies within the framework of the EU's digital services rules. The Digital Markets Act and Digital Services Act apply to all companies without exception.
Denmark summoned a US diplomat over suspicions of secret US operations in Greenland. Intelligence uncovered three Americans, linked to the White House, operating on the island.
The Lebanese government will present a plan on August 31, according to which the radical group must lay down its arms. The leader of Hezbollah stated that he would not implement it until Israel fulfills the ceasefire agreement.
Spot gold prices fell by 0. 5% to $3375.06 per ounce. This comes amid a rising dollar and concerns about the independence of the US central bank after Trump's threat.
Heavy rain caused a landslide on a pilgrimage route in Jammu, India, killing at least 30 people. Authorities urged people to stay home at night due to floods and forecast further rains.
Oil prices stabilized on Wednesday after falling, as the market watched the war in Ukraine. Investors were assessing the imposition of high US tariffs on India.
US President's special envoy, Steve Witkoff, will meet with Ukrainian representatives in New York this week. He noted that the US talks with Russians daily.
The Israeli army explained the attack on Nasser Hospital in Gaza by the discovery of a Hamas camera used to observe troops. At least 20 people, including journalists, died as a result of the incident.