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The Latest Breaking News from United States

Global Market: Japan's Nikkei jumps over 3% as AI stocks rally, upbeat earnings lift sentiment

Japan’s Nikkei surged over 3%, led by AI-related stocks tracking Wall Street’s overnight rally. Strong corporate earnings and upgraded forecasts further lifted sentiment, while softer oil prices and lower US Treasury yields also supported markets amid hopes of an Iran-related deal.

The Economic Times

Freshworks turns profitable in Q2, revenue up 16%

The Nasdaq-listed company reported revenue of $237.4 million for the quarter ended June 30, compared with $204.7 million a year earlier. Operating income stood at $6.1 million in the quarter under US GAAP (generally accepted accounting principles), compared to a loss of $8.7 million in the year-ago quarter.

The Economic Times

US presses on with Ukraine Patriot missile talks, sources say, despite Trump's doubts

United States officials are continuing discussions about Ukraine producing Patriot interceptor missiles. This initiative aims to bolster Ukraine's defense against Russian ballistic missile attacks. Options include Ukraine building components for assembly elsewhere in Europe. President Trump's earlier doubts have caused surprise among Ukrainian leaders.

The Economic Times

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Your viruses fly with you, and scientists could use them to spot the next pandemic

Testing aeroplane wastewater can detect circulating pathogens weeks earlier than traditional global pathogen surveillance allows, offering a potential early-warning tool for global outbreak preparedness, a US–UK pilot study found.

Euronews

Russian overnight barrage on Ukraine kills at least 17 in Kyiv and surrounding region

Kyiv has in recent months urged allies to supply more US-made Patriot interceptors as Russia steps up its use of ballistic missiles more than four years into its full-scale invasion.

Euronews

US and Iran having 'very good discussions', Donald Trump says

Trump described negotiations with Iran as "very good". Mediators in Qatar indicated progress toward ending the Iran war, though Tehran denied talks. Trump warned Iran would face severe consequences if they backed out of any agreement. He also stated the Strait of Hormuz would reopen soon or Iran would be…

The Economic Times

Brussels vs Beijing: The new trade battle begins in Morocco and Turkey

Beijing's investment drive in Morocco and Turkey is opening new routes into the EU market, forcing Brussels to prepare its response. But its trade defence toolbox is increasingly struggling to keep pace.

Euronews

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Oil prices ease and Asian shares gain on hopes for Mideast deal, as companies report strong profits

Asian shares have surged and oil prices slipped after the U.S. stock market rallied to records

The Independent UK

Bank battle: history suggests Burnham faces fight if he opts for windfall tax

As lenders’ profits soar, calls grow for a levy to help new PM ease cost of living pressures on households

The Guardian - UK

Palantir paid just £2m corporation tax in UK in 2024 despite lucrative public sector contracts

Software group benefits from global systems and accounting practices ‘that enable tax to be shirked’, says union boss

The Guardian - UK

London vs the North — or can both tech sectors win under Andy Burnham?

As the new Prime Minister pushes north, Chris Stokel-Walker looks at the capital’s future as Europe’s tech powerhouse

Evening Standard

MAGA level score against samba as US and Brazil play diplomatic football

The TOI correspondent from Washington : If you think ties between the US and India are shaky, the diplomatic world is shuddering at developments between Washington and Brasília. In a profession where glad-handling and bear hugs, pomp and ceremony, communiques and agreements are the routine between friendly countries, the United…

The Times of India

RBI MPC meeting August 2026 highlights: Repo rate decision, inflation outlook & GDP forecast; key takeaways from Governor Sanjay Malhotra's speech

RBI MPC meeting August 2026 highlights: The Reserve Bank of India has decided to keep the repo rate steady at 5.25 percent, reflecting a cautious approach amid global instability and persistent inflation pressures. Despite these challenges, the domestic economy demonstrates resilience, with a projected GDP growth of 6.7 percent for…

The Economic Times

Trump admin to review 'closed' AI models before release: reports

The Trump administration on Tuesday met with tech leaders to finalize a security review process for advanced AI models before their release, though it will apply only to "closed" models, US media reported. According to Axios, the review process will only apply to closed models that are tightly controlled by…

The Economic Times

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The Independent UK

Ukraine-Russia war latest: Drone armed with explosives at German airport represents ‘new threat’, minister warns

Drone found in close proximity to a Ukrainian cargo plane at Leipzig/Halle airport

Reason

Dropped Cases Against Alleged Reflecting Pool Vandals Followed a Rush to Judgment

Trump still seems to think the question of individual guilt or innocence is irrelevant.

The Economic Times

US Assistant Secretary Paul Kapur to visit India, Central Asian nations to boost trade, regional ties

Assistant Secretary S. Paul Kapur will visit India and Central Asian nations from August 5 to 12. His trip aims to advance key bilateral and regional economic priorities for the administration. Discussions will focus on trade, investment, and strengthening supply chain resilience across the region. Kapur will meet with senior…

International Business Times UK

Dow Jones Tops 54,000 and Nasdaq Surges but Your 401(K) Rally Now Leans on a Handful of AI Stocks

The Dow topped 54,000 and the S&P 500 hit a record as tech rebounded, but the recovery in US retirement accounts now leans on a narrow set of AI stocks.

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The Economic Times

US-Iran-Oman near interim deal to reopen Strait of Hormuz: Report

The United States is nearing an interim agreement with Iran and Oman. This deal aims to reopen the Strait of Hormuz and restore a ceasefire. The arrangement will govern maritime traffic through the strait for sixty days. Naval mines will be cleared from a key shipping lane within thirty days.…

The Guardian - US

Democrat Marie Gluesenkamp Perez survives Washington’s crowded primary

Two-term Democrat faced attacks from the left and right while defending a House seat in a territory Trump won

Fortune

Has the AI race shifted from U.S. vs China to open vs closed?

Whether it’s GLM-5.2, Kimi K3, or DeepSeek V4, China’s open-source AI models are reshaping how we think about AI.

The Economic Times

Michigan Primary Senate election results 2026: In Abdul El-Sayed vs Haley Stevens, who is winning? Latest updates

Voters in five US states cast ballots in primary elections on Tuesday. These contests are expected to shape the battle for control of Congress next year. Several Democratic primaries featured contests between incumbent lawmakers and progressive challengers. Redistricting played a key role in the races across these states. Missouri and…

AAP

'A battle': Demon wins all-Aussie clash, Popyrin fights

Alex de Minaur and fellow Australians Alexei Popyrin and Tahlia Gibson have all recorded encouraging wins three weeks out from the US Open in New York.

The Economic Times

South Korea’s Kospi climbs 5%, extending two-day rebound: 3 reasons fueling the rally after July selloff

South Korea's KOSPI surged over 5% on Wednesday, extending its two-day recovery to 7% following a heavy July selloff. The rally was fueled by record highs on Wall Street led by AI earnings, easing oil prices amid US-Iran peace deal talks, and strong fundamental demand for semiconductor giants like Samsung.

The Economic Times

US-Iran talks: Rubio says progress made on Strait, nuclear deal

US Secretary of State Marco Rubio detailed negotiations with Iran on two key objectives. These talks focus on reopening the Strait of Hormuz for safe maritime navigation. The ultimate goal remains the complete denuclearization of Iran, which is a long-term objective. Mediated by Oman, progress has been made in these…

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