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The Latest Breaking News from International Business Times

Standard Chartered Is Bringing Bitcoin And Ether Spot Trading To UAE Institutions. It's A First For A Global Banking Giant.

The launch adds trading to Standard Chartered's existing digital-asset custody business in Dubai, where the bank began safeguarding Bitcoin and Ether for institutional clients in 2024.

International Business Times

Trump Says Oil Is Flowing Through Hormuz. Independent Trackers Show a Different Picture.

The Trump administration maintains that the U.S. Navy is assisting dozens of ships through the waterway at night and that many of those movements are not detected by commercial tracking services.

International Business Times

A Fed Governor Said He's Inclined To Keep Rates Unchanged. Yields Fell And Stocks Had Their Best Day In Weeks.

Christopher Waller said he's leaning toward keeping interest rates steady at the next central bank meeting in mid-September.

International Business Times

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Elon Musk Starts Spending Millions on Midterms. Texas and Maine Emerge as Key Senate Targets.

The Tesla and SpaceX CEO has reportedly authorized America PAC to spend as much as $120 million to help elect Republicans in November.

International Business Times

OpenAI Says Artificial General Intelligence Is Here. Bernie Sanders Is Calling For a Pause of AI Development.

"We need an immediate PAUSE on advanced AI development, and a permanent BAN on superintelligence," Sanders said.

International Business Times

OpenAI Releases Its Latest Model, Says It Marks The Beginning Of The 'AGI Era'

Company President Greg Brockman said GPT-6 Astra represents a "generational leap."

International Business Times

A 'Supersized' El Niño Is Getting Stronger. The Economic Pain Could Spread Far Beyond The Countries Hit First.

Crop losses are already being reported from Central America to South Asia, while changing rainfall and extreme heat threaten food production, water supplies and energy systems.

International Business Times

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Mark Tersigni Outlines the Investment Case for Open-Air Retail Centers

Mark Tersigni, a real estate investment professional and Certified Public Accountant, spent years underwriting open-air retail centers and enclosed malls within the same multibillion-dollar portfolio.

International Business Times

Dutch Central Bank Moves Gold Out of North America. Geopolitical Unrest Drives The 'Crisis Preparedness' Shift.

De Nederlandsche Bank, or DNB, said that just over a quarter of the gold it previously stored in New York and Ottawa was transferred to London between March and August.

International Business Times

Sam Altman Says The Next AI Models Will Be 'Sobering.' OpenAI Is Already Slowing Down To Keep Them Under Control.

OpenAI has tightened security and paused some frontier-model work after its agents escaped testing restrictions and compromised systems belonging to Hugging Face.

International Business Times

Maduro Says U.S. Violated Venezuelan Sovereignty When He Was Arrested, Seeks His Release

Former Venezuelan President Nicolás Maduro has asked that the drug trafficking indictment against him and his wife be thrown out because he is a head of state and therefore immune from prosecution.

International Business Times

Older People Surpass The Young In The World For The First Time In History: Report

There are now more seniors in the world than young children. The world will only get grayer as more time goes by, according to a U.S. Census Bureau report.

International Business Times

The U.S. Once Offered Tax Breaks To Bring In Data Centers. Now Lawmakers Are Racing To Rein Them In.

Electricity bills, water use and local opposition are changing the politics around AI infrastructure even as the Trump administration pushes companies to expand computing capacity in the U.S.

International Business Times

Iran Again Attacked Gulf Countries. Oil Is Climbing Further.

Kuwait said it intercepted missiles and drones launched from Iran.

International Business Times

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International Business Times

China Is Testing Satellites That Can Chase Other Spacecraft. The US Is Building Its Own Countermeasures.

Washington has deployed new electromagnetic warfare equipment and is testing spacecraft that can respond quickly to threats in orbit as military competition extends beyond Earth.

International Business Times

Hostilities Between Iran And Israel Were Subdued For Months. Tehran Is Now Threatening To Escalate.

Iran has reportedly warned the U.S. that it will target Israel if it attacks a ridge in Lebanon where military members are holed up along with Hezbollah fighters.

International Business Times

Fed Governor Waller Says He Will Be 'Inclined' To Keep Rates Unchanged If Inflation Data Doesn't Surprise

Waller said that recent inflation trends "suggest we are finally seeing some signs of disinflation."

International Business Times

Nvidia Confirms The Acquisition Of Hugging Face For Almost $13 Billion. Its Stock Is Edging Up.

Nvidia CEO Jensen Huang said the deal will allow the company to "expand access to AI for developers and institutions worldwide."

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International Business Times

Tensions Between Moscow And Europe Continue To Escalate. Norway Just Seized a Russian Ship.

The Professor Molchanov was taken to enforce a compensation claim won by an Ukrainian energy firm over the seizure of assets following Moscow's annexation of Crimea in 2014.

International Business Times

Germany Took Diplomatic Measures Against Russia Over An Attempted Act Of Sabotage. Moscow Is Retaliating.

Russia will shut down cultural centers belonging to Germany's Goethe-Institut in different cities in the country.

International Business Times

Bessent's Treasury Move Is Fueling the Carry Trade. Emerging Markets Are Preparing for a 'Wall of Money.'

Brazil, Turkey and Colombia emerging as some of Wall Street's favored destinations with their currencies strengthening.

International Business Times

6 in 10 Americans Call Themselves Working Class. Even Half of Upper-Income Adults Do.

Americans without four-year college degrees are considerably more likely to identify as working class.

International Business Times

UN Report Paints Catastrophic Climate Change Picture, Says Critical Threshold Will be Passed

The document is urging the world to zero out carbon emissions to prevent cataclysmic warming of the planet.

International Business Times

Sennheiser MOMENTUM True Wireless 5 Hands-On Review: A New Chapter for Sennheiser's Flagship Earbuds

Sennheiser Momentum True Wireless 5 brings stronger bass, a slimmer charging case, replaceable batteries and improved Android connectivity.

International Business Times

OpenAI And Anthropic Move Towards Their IPOs As They Face a Balancing Act

OpenAI emphasized cybersecurity risks surrounding its newest model while Anthropic moved to make its latest technology more attractive to customers.

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