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A Kremlin adviser has warned that British factories producing drones for Ukraine could be attacked from 'unknown sources' after the UK agreed to share long-range missile blueprints. The warning came as Prime Minister Andy Burnham made his first foreign trip to Ukraine, where he reiterated support and signed a defence agreement.
The US State Department announced sweeping sanctions against nearly 60 entities, individuals, and vessels linked to Iran's military activities, cyber threats, and illicit oil trade, under 'Operation Economic Outcast'. The measures target Iranian military officials, cyber groups, and shadow fleet operators, with rewards of up to $10 million for information on key figures.
The Trump administration is reportedly preparing to revoke business and tourist visas for up to 200,000 foreigners who have applied for or are seeking asylum in the United States, in what would be the largest single mass revocation in U.S. history. State Department documents obtained by the Associated Press and confirmed by officials indicate the action, coordinated with the Department of Homeland Security, could be announced in the coming weeks.
New research analysing bank card transactions in three Australian cities shows spending falls sharply on extremely hot days, with life shifting to evening hours. As temperatures rise, researchers argue cities must stay open later to adapt, citing examples from Dubai to Seoul.
Israeli Prime Minister Benjamin Netanyahu claimed that Iran attempted to assassinate one of his sons, without providing details. The statement, made during a phone interview, has intensified political discourse ahead of elections, with reports suggesting the alleged plot was known for months under a gag order.
The United States has formally removed Syria from its list of state sponsors of terrorism, ending a designation that had been in place since 1979. The move, which also revoked the terrorist designation of Hay'at Tahrir al-Sham, is seen as a vote of confidence in President Ahmed al-Sharaa's government and aims to boost investment in the country.
The Trump administration unveiled 'Operation Economic Outcast,' a sweeping expansion of secondary sanctions targeting Iran's financial lifelines, as Treasury Secretary Scott Bessent described an 'economic D-Day.' President Trump declared Iran 'completely collapsing,' while Tehran dismissed the measures as a sign of American desperation.
Wheat supplies face a triple threat from conflict, extreme weather, and trade disputes, with major exporters like the US, Russia, and Australia all affected. Experts warn of rising food costs and heightened risks for import-dependent poor nations.
Moody’s has raised Pakistan’s sovereign credit rating to B3 from Caa1, with a stable outlook, citing improved governance, a stronger external position, and better fiscal metrics. The upgrade follows a similar action by S&P Global a month earlier, though Moody’s cautions that structural vulnerabilities remain.
US Treasury Secretary Scott Bessent announced an expansion of sanctions against Iran, calling it 'an economic D-Day' and warning countries to sever financial ties with Tehran or face retaliation. The announcement came as Iran's currency hit a record low, with food prices soaring and the IMF forecasting a sharp GDP contraction.
India has lifted its ban on wheat and wheat product exports with immediate effect, according to notifications from the Directorate General of Foreign Trade. The move revises export policy from 'Prohibited' to 'Free' for specified wheat codes and follows earlier limited shipments. Officials cite depressed domestic prices and farmers' interests as key reasons.
Nottingham Forest have emerged as the leading contenders to sign Barcelona midfielder Marc Casado before the September 1 transfer deadline. The 22-year-old is seeking regular first-team football after falling down the pecking order at Barcelona, with Forest reportedly competing against several Premier League and European clubs.
A CNN analysis of military accident data reveals that US Army Apache helicopters are crashing at a historically high rate, with five major crashes since October, including a deadly Texas incident. The Army has paused and then resumed training flights while investigating possible transmission problems. The Pentagon has not released a public statement on the matter.
Mercedes team principal Toto Wolff has admitted his team cannot match the development pace of McLaren and Ferrari this season, as Lando Norris closed the gap with another win at Zandvoort. With Kimi Antonelli still leading the championship, Wolff says the fight is far from over.
Ofgem is due to announce its latest energy price cap on Wednesday, with forecasts predicting a 4% rise in typical annual bills from October 1. New data from Money Wellness shows households in debt owe more than three years ago, leaving them vulnerable to further increases.
Shares of rice exporters LT Foods and KRBL rallied up to 13% on August 24, with LT Foods hitting a 52-week high amid heavy volumes. The surge comes amid expectations of firm rice prices and export recovery, while brokerage firms maintain Buy ratings on both stocks.
Anand Rathi remains structurally positive on the IT sector, naming Persistent Systems and Mphasis as preferred picks while flagging Mastek as a possible turnaround. The brokerage expects enterprise software to monetise AI first, with muted near-term revenue growth for midcaps due to AI-led deflation and geopolitical disruptions.
Energy Minister Terje Aasland said Norway will continue developing Barents Sea oil and gas regardless of the EU's moratorium on Arctic drilling, and rejected the 'green battery' label. He emphasised Norway's sovereign right to develop resources, while the EU weighs energy security against environmental concerns.
TVS Supply Chain Solutions has signed a strategic memorandum of understanding with Japan's Sankyu Inc. to collaborate on supply chain and engineering services, with Sankyu planning to acquire a 0.5% stake in the Indian firm. The partnership, initially focused on India, aims to combine strengths and expand into other markets. Shares of TVS Supply Chain Solutions rose following the announcement.
Larsen & Toubro announced on Monday that its hydrocarbon onshore arm, LTEH Onshore, has signed an ultra-mega contract worth over ₹15,000 crore for a gas compression facilities project in the Middle East. The project, awarded via a letter of intent in FY26, includes EPC of gas compression plants and two 230 kV substations, with the client's identity undisclosed. This marks L&T's third ultra-mega order in August, reflecting continued momentum in its hydrocarbon and power transmission businesses.