India’s General Insurance Industry Grows 9% in FY26

India's general insurance industry grew 9% year-on-year in FY26, reaching Gross Direct Premium Income (GDPI) of…

Baidu Q2 Revenue Drops 4% as AI Growth Fails to Offset Slump

Baidu Inc. (NASDAQ:BIDU) reported a 4% drop in revenue for the second quarter, missing analyst expectations.…

Klarna Shares Fall 20% on Weak Revenue Guidance for 2026

Klarna Group PLC (NYSE:KLAR) shares fell 20.5% on Tuesday after the company released a revenue forecast…

Russia Warns UK of Consequences for Drone Support to Ukraine

Russia has warned the United Kingdom about possible consequences for its support of Ukraine, especially regarding…

Poundland Owner Gordon Brothers Plans Sale After One Year

Gordon Brothers, the owner of Poundland, is reportedly considering selling the discount retailer just a year…

Romania Restarts 300 MW Coal Unit Amid Nuclear Shutdowns

Romania restarted the Rovinari Group 4 coal-fired power unit on August 17. This unit adds nearly…

New EU Banking Law Complicates Accounts for Foreigners

The new EU Capital Requirements Directive may make banking more difficult for foreigners living in Germany…

China Launches Arctic Shipping Route Amid Middle East Crisis

China has started its first regular shipping service through the Arctic's Northern Sea Route (NSR). This…

SpaceX Shares Face Pressure as 319 Million Become Saleable

Shares of SpaceX Corp (NASDAQ:SPCX) are expected to open lower on Tuesday. About 319 million shares…

Small Firms Hire Amid AI-Driven Layoffs, Survey Shows

Small businesses in the U.S. and U.K. are taking advantage of layoffs caused by artificial intelligence…