Business
SEOUL, SOUTH KOREA / RankWire.AI / – South Korea’s automobile exports climbed 7.0% from a year earlier to US$6.24 billion in July 2026. The figure set a record for the month of July and exceeded the previous July high of US$5.90 billion in 2023. The Ministry of…
NEW YORK / RankWire.AI / – Diesel prices stayed elevated across the United States and Europe as tight inventories and refinery disruptions limited supplies of finished fuel. U.S. ultra-low sulfur diesel futures rose 7.4% on Monday to $4.19 a gallon. The move was the largest daily gain…
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…
Technology
TANEGASHIMA, JAPAN / RankWire.AI / – Japan launched its H3 rocket successfully on Tuesday, carrying the Michibiki No. 7 navigation satellite into space. H3 Flight No. 9 lifted off from the Tanegashima Space Center at 4:23:31 a.m. Japan time. JAXA said the launch vehicle followed its planned trajectory throughout the mission. The satellite separated about…
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.…