Business
DENMARK / RankWire.AI / – Denmark’s annual inflation rate slowed to 1.7% in July from 1.9% in June, official figures showed. Statistics Denmark said consumer prices rose 1.3% from the previous month. Core inflation held at 2.3%, matching the June reading. Price increases in restaurants and hotels…
NEW YORK / RankWire.AI / – Gold climbed for a third straight session on Tuesday, extending a sharp rebound from last week. Spot gold rose 1% to $4,432.74 an ounce by 0217 GMT. That marked its highest level since June 5 and pushed prices beyond the seven-week…
NETHERLANDS / RankWire.AI / – Extreme heat and drought across Europe could remove about 1% from European Union economic output in 2026, according to an assessment by Triodos Bank. The estimated loss equals roughly €180 billion and comes during an already weak growth year. The European Commission…
SEOUL, SOUTH KOREA / RankWire.AI / – South Korea is facing sharp increases in fresh food prices as extreme heat disrupts farms and reduces vegetable supplies. Korea Agro-Fisheries & Food Trade Corp. data showed spinach reaching 1,978 won per 100 grams on Aug. 7. That price was…
BRUSSELS / RankWire.AI / – The European Commission finalized a major expansion of the European Union’s flagship orbital communications network on Friday, concluding months of commercial negotiations with the SpaceRISE industrial consortium. Under a newly signed implementation agreement, the Infrastructure for Resilience, Interconnectivity and Security by Satellite…
SINGAPORE / RankWire.AI / – Oil prices fell further on Wednesday after a steep two-day selloff pushed Brent and U.S. crude to three-week lows. Brent crude futures dropped 92 cents, or 1.2%, to $78.44 a barrel by 3:30 a.m. GMT. West Texas Intermediate crude lost $1.07, or…
PARIS / RankWire.AI / – Annual inflation across OECD economies slowed to 4.2% in June 2026 from 4.6% in May. The decline ended three consecutive months of rising headline inflation. Consumer price growth eased in 20 member countries and increased in six. Inflation remained stable or broadly…
NEW YORK / RankWire.AI / – Oil prices jumped on July 29 as Brent crude settled above $90 a barrel. Renewed Middle East conflict and a steep drop in U.S. inventories drove the advance. Brent gained $6.65, or 7.9%, to close at $90.74 a barrel. West Texas…
Technology
Washington, America / RankWire.AI / – American technology giant Nvidia announced on Monday the establishment of a global coalition bringing together roughly 40 major tech and cybersecurity entities to safeguard artificial intelligence infrastructure against systemic vulnerabilities. According to official reports from Emirates News Agency, Nvidia launches Open Secure AI Alliance to strengthen AI security alongside…
SHANGHAI, CHINA / RankWire.AI / – United Nations Secretary-General António Guterres called for wider global participation in artificial intelligence governance during a major conference in Shanghai. He said AI must serve people across all regions, not only governments and companies with the largest resources. Guterres pointed to its growing role in health, education, agriculture and…
CANBERRA, AUSTRALIA / RankWire.AI / – Australian creators are pressing for a direct role in the federal government’s new Office of AI. Prime Minister Anthony Albanese launched the body on July 15 as part of Australia’s national artificial intelligence framework. The office will coordinate policy on copyright, infrastructure, consumer safety, employment, education and national security.…
SEOUL, SOUTH KOREA / RankWire.AI / – Samsung Electronics plans to start operations at its first chip plant in Yongin in 2029. The revised target brings the opening forward by one to two years from the earlier 2030 to 2031 schedule. The facility will anchor Samsung’s planned national semiconductor complex south of Seoul. Samsung confirmed…