Elena Voss
Oil prices surge amid escalating US-Iran hostilities and supply threats
Global energy markets face renewed volatility as rising US-Iran military tensions threaten shipping lanes and supply chains. Brent crude reached $86.72.
Apple overtakes Nvidia to become the world's most valuable company
Apple has overtaken Nvidia as the world’s most valuable company as investor sentiment pivots toward businesses with predictable earnings and consumer-facing ecosystems.
US national debt could hit 135 percent of GDP under Trump policies
The Institute of International Finance warns that planned tax adjustments may significantly increase US national debt. Meanwhile, SpaceX is experiencing increased market volatility and a sharp contraction in its valuation.
China 'strongly dissatisfied' with nationalisation of British Steel
The UK government has brought British Steel into public ownership, ending Jingye Group’s tenure as the owner of the Scunthorpe-based steelmaker.
SpaceX scrubs 13th Starship launch attempt after engine ignition hold
SpaceX aborted the 13th Starship launch when automated safety systems detected a Raptor engine ignition failure during the booster's startup sequence.
Taylor Farms lettuce linked to Taco Bell cyclosporiasis outbreak
A federal investigation has identified Taylor Farms as a potential source of a widespread cyclosporiasis outbreak tied to lettuce served at Taco Bell. Health officials are currently monitoring thousands of cases as the investigation continues.
University of Minnesota study finds speeding barely saves commute time
New research indicates that exceeding speed limits offers negligible time savings for commuters. Consistently observing limits could save millions of gallons of fuel and reduce daily carbon dioxide emissions.
Alphabet stock falls as Google delays flagship Gemini 3.5 Pro model launch
Alphabet shares fell following reports that Google delayed its flagship Gemini 3.5 Pro model due to coding performance shortcomings. The delay highlights internal development challenges and increased competition from rivals including Anthropic and OpenAI.
Malaysia seeks China approval for overland durian exports to ease glut
Malaysia is pursuing overland export routes for fresh durians to China to manage a significant domestic supply surplus. Current bilateral agreements do not permit land-based transit, and officials are evaluating quality standards for potential future shipments.
South Korea halts new single-stock leveraged ETF listings to curb volatility
South Korean financial regulators have implemented a moratorium on new single-stock leveraged ETFs and raised cash deposit requirements to curb market volatility.
Warren Buffett stops Gates Foundation donations after labeling Epstein ties distasteful
Warren Buffett has concluded his long-standing financial support for the Gates Foundation, opting to distribute his remaining fortune to his children's foundations instead. He cited estate planning as the primary driver for this shift while describing Bill Gates' past association with Jeffrey Epstein as distasteful.
NSW regional rental prices jump as growth outpaces Sydney market
New data shows median weekly asking rents in regional NSW rose 8.3 per cent, outpacing growth in Sydney. Experts attribute the surge to migration patterns, infrastructure projects, and limited rental supply.
SpaceX shares fall below IPO price for first time as market rally cools
SpaceX stock fell below its $135 IPO price for the first time during trading on July 15, 2026, marking a shift in market sentiment since its June market debut.
Wall Street ends higher on cool inflation data, strong earnings
Major U.S. stock indexes rose as favorable inflation data and positive corporate earnings reports drove investor optimism during the Wednesday session.
Oil prices climb as Iran threatens to block Middle East energy exports
Oil prices rose on July 15, 2026, as renewed hostilities and a U.S. naval blockade of Iranian ports threatened global energy transit corridors.
Stripe and Advent propose $53 billion acquisition of PayPal
Stripe and Advent International have submitted a joint proposal to acquire PayPal in a transaction valued at more than $53 billion. The offer arrives as PayPal navigates slowing growth and increased competition from rivals such as Apple Pay and Google Pay.
Taco Bell under investigation as health officials probe cyclosporiasis outbreak
Health officials are investigating a cyclosporiasis outbreak across 34 states. While some patients reported eating at Taco Bell, no link has been confirmed.
Biogen tau-targeting Alzheimer’s drug slows cognitive decline in study
Researchers have unveiled mid-stage trial results for diranersen, an experimental drug that reduces abnormal tau production in Alzheimer’s patients.
Nvidia halves Asia buyer list in China chip crackdown, FT reports
Nvidia is enforcing a new white-list protocol for Asian clients, conducting site visits and rigorous compliance reviews to ensure hardware remains within authorized parameters.
Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz
Brent crude surged to its highest level in four weeks following the collapse of a US-Iran ceasefire and renewed attacks on commercial shipping in the Gulf.