Paramount settles lawsuit with US states, clearing way for $110bn merger with Warner Bros
The deal includes an agreement to produce 30 films a year, or Paramount will be forced to sell off parts of its company.
Economy
Halt super-intelligent AI with non-proliferation treaty, Ed Davey to say
Ed Davey is to call for a global nuclear-style non-proliferation treaty to halt the development of super-intelligent AI when he makes his keynote speech at the Liberal Democrat conference, accusing Andy Burnham of relyi…
The Japanese Yen keeps sliding after the Bank of Japan's split vote
Japan's markets are shut from Monday to Wednesday for national holidays, which is when a government that wants to move its currency gets the most for its money. USD/JPY is higher for a fifth session in six and is tradin…
I'd rather pay thousands on a holiday: Meet the pensioners spending the kids' inheritance
Happily retired, Sarah Moorhouse is using her private pension "to go places and do nice things at the drop of a hat".
Black Tesla employees accuse company of fostering racial discrimination in major trial
Lawyers say Black employees at Tesla experienced ‘rampant racism’ that was left unchecked for years at their flagship factory in California
Canadian dollar under pressure as oil retreats and US rate outlook supports greenb
Gold price (XAU/USD) is down 0.61% to near $4,350 during the European trading session on Monday. The yellow metal is under pressure as the US Dollar (USD) remains broadly firm amid solid expectations that the Federal Re…
BoC’s Macklem sees inflation drifting higher as uncertainty lingers
The Bank of Canada Governor, Tiff Macklem, said that he expects inflation to “drift up a little higher in the coming months,” and commented that “A new era of uncertainty is not going away any time soon,” as he speaks i…
‘Half my day’s pay goes to filling up my car now’: diesel crisis ripples across Britain
The smoke rising from the Kapotnya oil refinery to the south-east of Moscow marks one of Ukraine’s biggest air raids on the Russian capital since the start of the war, and the latest salvo in an energy crisis that threa…
US Economy Picks Up in Q3 as Rising Rates Threaten Momentum
Canada’s economic growth challenges are expected to ease as the Bank of Canada continues to lower interest rates further and more quickly than other advanced economy central banks—but not right away, and longer-run chal…
Trump pushes "super intelligence," dismisses AI risks and eyes China hotline
For continued coverage of the UN general assembly week and tonight’s meeting between the US president, Donald Trump, and Ukraine’s Volodymyr Zelenskyy, join my US colleagues over here:
Airlines criticise air traffic control as second glitch causes more disruption
Airlines have criticised the UK's air traffic control system after a second technical problem in two weeks caused major disruption to UK flights
British Pound loses grip as Fed hawks stay in charge
The Pound Sterling (GBP) retreats by some 0.17% on Monday as the US Dollar (USD) trades in the green following last week’s Federal Reserve (Fed) rate hike, which widened the interest rate differential between the US and…
Repeated air traffic control failures leave us in worrying territory
To have one air traffic control failure in a fortnight may be regarded as a misfortune, to have two looks like carelessness. The UK's air traffic services provider is coming in for a wave of criticism at the moment, so …
Airlines urge action after UK flights delayed and cancelled again
Nats says fault at Prestwick has been ‘fixed’ after airports in Scotland, northern England and Northern Ireland are hit
WTI Oil extends losing streak as resilient Saudi exports outweigh Middle East risk premium
West Texas Intermediate (WTI) US Oil extends its decline for the fourth consecutive day on Monday, trading around $91.90 per barrel at the time of writing, down 3.54% on the day. Crude prices remain under selling pressu…
Japanese Yen: Intervention risk high as 160 seen possible against US Dollar – ING
ING’s Francesco Pesole notes that a reported Bank of Japan rate check briefly pushed USD/JPY below 157.0 and suggests authorities may focus on the pace of moves rather than a specific level. However, with the Fed soundi…
FTSE 100 today: Stocks climb as oil slides on hopes for Iran de-escalation
August 5, 2026, 3:53 AM EDT.IPOs such as SpaceX and ChangXin Memory Technologies have generated worldwide interest, particularly across the tech and AI sectors. Still, with founders trying to maximize returns and invest…
Paramount settles lawsuits with 12 US states, clearing way for Warner merger
States including California and New York sued over concerns of ‘extinguishing competition’ with $81bn merger
Gold: CTA whipsaws but support holds – TD Securities
TD Securities’ commodity strategists report that CTAs (Commodity Trading Advisors) have reversed recent Gold buying, yet emphasize that discretionary investors continue to support the metal. They point out Gold’s resili…
BoC’s Macklem: Rate decisions must look beyond initial Oil shock
Bank of Canada (BoC) Governor Tiff Macklem, speaking in Halifax, Nova Scotia, on Monday, offered a cautious assessment of the economy as higher energy prices and US tariffs create competing risks for inflation and growt…
Dow Jones Industrial Average edges up as Trump floats a meeting with Iran
The Dow Jones Industrial Average (DJIA) trades near 51,900 on Monday after its worst week since March. Crude Oil fell back under $100 after President Donald Trump told Fox News he'd probably be open to meeting Iran's Pr…
Swiss Franc advances after recent sell-off, SNB in focus
USD/CHF extends its pullback on Monday after climbing to 0.8263 last week, its highest level since May 2025. The Swiss Franc (CHF) regains some ground even as the US Dollar (USD) holds firm near recent highs, with trade…
Japanese Yen: BoJ hike underwhelms as yields drive JPY against US Dollar – OCBC
OCBC’s Christopher Wong notes that the Japanese Yen (JPY) weakened after the BoJ’s 25 bp hike to 1.25% as limited guidance on further normalisation disappointed hawkish expectations. Wong highlights that USD/JPY remains…
EUR/USD Price Forecasts: Bears remain in control with 1.1450 support eyed
The Euro (EUR) is consolidating last week’s decline against the US Dollar (USD) on Monday, with price action capped below 1.1500 and the seven-week low in the mid 1.1400s still on the bears’ radar. The decline in Oil pr…