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Category: Business

Oil prices fall on hopes Strait of Hormuz could reopen
Business, News

Oil prices fall on hopes Strait of Hormuz could reopen

August 4, 2026

US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments to…

More than 150 migrants rescued after boat catches fire in Channel
Business, News

More than 150 migrants rescued after boat catches fire in Channel

August 4, 2026

The boat was attempting to cross to the UK when its engine caught fire, according to French authorities.

Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with ‘freedom of movement’
Business

Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with ‘freedom of movement’

August 4, 2026

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Reflex Open Sources XY: A Rust-Backed Super-Fast Python Charting Library That Keeps 100 Million Point Charts Interactive
Business

Reflex Open Sources XY: A Rust-Backed Super-Fast Python Charting Library That Keeps 100 Million Point Charts Interactive

August 4, 2026

Reflex AI has released XY, an Apache-2.0 Python charting library for interactive 2D visualization. Most Python charting stacks create one…

Trump warns Iran talks are ‘last chance’ to end war — oil prices rise as Tehran denies negotiations
Business

Trump warns Iran talks are ‘last chance’ to end war — oil prices rise as Tehran denies negotiations

August 4, 2026

President Donald Trump has warned that the latest round of negotiations with Iran are the “last chance” to bring an…

BP profit more than doubles as Trump blasts Big Oil for ‘making too much money’
Business

BP profit more than doubles as Trump blasts Big Oil for ‘making too much money’

August 4, 2026

The result come after U.S. President Donald Trump lashed out at Big Oil for making “too much money” off higher fuel…

EU calls for stronger borders after Ceuta migrant crossings
Business, News

EU calls for stronger borders after Ceuta migrant crossings

August 4, 2026

Ursula von der Leyen has called for action ahead of an urgent EU interior ministers meeting to discuss the issue.

Y Combinator Open-Sources QM: An MIT-Licensed Multiplayer Agent Harness That Runs In Slack And The Web
Business

Y Combinator Open-Sources QM: An MIT-Licensed Multiplayer Agent Harness That Runs In Slack And The Web

August 4, 2026

Y Combinator team has open-sourced QM (quartermaster), the multi-agent harness it uses internally. QM is described as a multiplayer agent…

India to raise up to $3.3 billion by selling stake in country’s largest life insurer at 10% discount
Business

India to raise up to $3.3 billion by selling stake in country’s largest life insurer at 10% discount

August 4, 2026

Indian government plans to raise up to $3.3 billion by selling its stake in the country’s top life insurance company.

Evaluating Multimodal Vision Models with Moonshot PerceptionBench Using Robust Data Loading and Automated Judging
Business

Evaluating Multimodal Vision Models with Moonshot PerceptionBench Using Robust Data Loading and Automated Judging

August 3, 2026

In this tutorial, we design an end-to-end evaluation workflow for PerceptionBench. This multimodal benchmark measures fine-grained visual perception capabilities across…

How to Secure AI Agents, MCP Servers, and LLM Apps in Production
Business

How to Secure AI Agents, MCP Servers, and LLM Apps in Production

August 3, 2026

Agents, MCP integrations, and LLM-powered applications are entering codebases faster than most security programs can track them. Mend.io’s new practitioner…

Russia says seven killed and 40 injured by Ukrainian drone hitting busy beach
Business, News

Russia says seven killed and 40 injured by Ukrainian drone hitting busy beach

August 3, 2026

Three children were killed when the drone crashed at a popular resort on the Black Sea.

Rhine falls to record low levels as drought strains Europe’s rivers
Business, News

Rhine falls to record low levels as drought strains Europe’s rivers

August 3, 2026

Low water levels in the Rhine, Danube and Po have curtailed the transport of goods and reduced electricity output.

From weeks to minutes: How Formula 1® uses agentic AI on AWS to accelerate data operations
Business

From weeks to minutes: How Formula 1® uses agentic AI on AWS to accelerate data operations

August 3, 2026

Formula 1® (F1) engages an audience of over 800 million fans globally across digital platforms, F1 TV, social media, ticketing, and…

What the market is saying about the U.S. intervention to prop up the yen
Business

What the market is saying about the U.S. intervention to prop up the yen

August 3, 2026

Following the joint involvement the yen now sits at ¥157 to the dollar, down from just above ¥163, which represented…

Oil prices fall more than 5% as Middle East tensions ebb on diplomatic efforts
Business

Oil prices fall more than 5% as Middle East tensions ebb on diplomatic efforts

August 3, 2026

Oil prices fell on Monday as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called…

Alibaba Qwen Releases Qwen3.8-Max: A 2.4 Trillion Parameter MoE Model and the Most Capable One in the Qwen Family to Date
Business

Alibaba Qwen Releases Qwen3.8-Max: A 2.4 Trillion Parameter MoE Model and the Most Capable One in the Qwen Family to Date

August 3, 2026

Alibaba’s Qwen team has made Qwen3.8-Max broadly available and confirmed that its open weights ship next week. A second checkpoint,…

Trump says Iran talks to resume Monday after calling off planned strikes
Business

Trump says Iran talks to resume Monday after calling off planned strikes

August 3, 2026

The latest peace proposal calls for warring parties to return to negotiations and continue working out some of the thorny…

Trump suggests new talks with Iran to begin on Monday
Business, News

Trump suggests new talks with Iran to begin on Monday

August 3, 2026

Tehran has not responded to the suggestion that new talks are imminent. Trump has previously said a negotiated end to…

Why the U.S. stepped in after decades to prop up Japan’s yen — and what’s at stake
Business

Why the U.S. stepped in after decades to prop up Japan’s yen — and what’s at stake

August 3, 2026

Washington’s decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention.

Onton Releases Ontology 1: A Neurosymbolic Search Model That is 2.7x More Accurate than the World’s Best E-commerce Search Engines
Business

Onton Releases Ontology 1: A Neurosymbolic Search Model That is 2.7x More Accurate than the World’s Best E-commerce Search Engines

August 3, 2026

Onton, a San Francisco-based search and discovery company, has released Ontology 1, a neurosymbolic model for complex, conversational, multimodal product…

U.S., Japan confirm coordinated yen intervention, signal readiness for more
Business

U.S., Japan confirm coordinated yen intervention, signal readiness for more

August 3, 2026

Japan’s Finance Ministry said Monday it conducted a coordinated yen-buying intervention with the U.S. Treasury on Friday.

A Tutorial on GeoAI: Designing Footprint Extraction from NAIP Imagery Using U-Net, Grounding DINO, SAM, and Mask R-CNN
Business

A Tutorial on GeoAI: Designing Footprint Extraction from NAIP Imagery Using U-Net, Grounding DINO, SAM, and Mask R-CNN

August 2, 2026

In this tutorial, we design a complete GeoAI workflow for extracting building footprints from high-resolution NAIP aerial imagery. We begin…

Helicopters fighting Greece wildfires collide in mid-air
Business, News

Helicopters fighting Greece wildfires collide in mid-air

August 2, 2026

Video of the incident shows one of the helicopters hitting the propellers of the other, which bursts into flames.

Trump says he has canceled a planned attack on Iran after reaching an agreement over the ‘perimeters of a deal’
Business

Trump says he has canceled a planned attack on Iran after reaching an agreement over the ‘perimeters of a deal’

August 2, 2026

The U.S. president said Iran and its regional neighbors asked the U.S. to hold off any attacks after ‘the perimeters…

NVIDIA AI Releases Molt: A PyTorch-Native Agentic Reinforcement Learning Framework
Business

NVIDIA AI Releases Molt: A PyTorch-Native Agentic Reinforcement Learning Framework

August 2, 2026

Agentic reinforcement learning research is constant algorithm modification. New estimators, new pipeline stages, new rollout schemes. In mainstream frameworks each…

Trump says he is cancelling strikes on Iran subject to ‘rapidly’ making deal
Business, News

Trump says he is cancelling strikes on Iran subject to ‘rapidly’ making deal

August 2, 2026

The US president’s message came amid media reports that he was planning new, intense strikes on Iran over the weekend.

How Spain’s migrant crisis created a political storm – whipped up by social media
Business, News

How Spain’s migrant crisis created a political storm – whipped up by social media

August 2, 2026

The Ceuta crossings have shaken Europe politically, exposing divisions over the sensitive issue of migration, the BBC’s Sarah Rainsford writes.

EU calls emergency meeting to discuss Ceuta migrant crossings
Business, News

EU calls emergency meeting to discuss Ceuta migrant crossings

August 1, 2026

There have been tense exchanges between Spain and other EU states over the influx of migrants into the enclave of…

AMD Releases Instella-MoE-16B-A3B: A Fully Open Mixture-of-Experts LLM With 2.8B Active Parameters Trained On Instinct GPUs
Business

AMD Releases Instella-MoE-16B-A3B: A Fully Open Mixture-of-Experts LLM With 2.8B Active Parameters Trained On Instinct GPUs

August 1, 2026

AMD released Instella-MoE-16B-A3B, a fully open Mixture-of-Experts language model trained from scratch on Instinct MI300X and MI325X GPUs. The model…

Accelerating Transformer Training with NVIDIA Transformer Engine, Fused Kernels, BF16, FP8, and GPU Benchmarking
Business

Accelerating Transformer Training with NVIDIA Transformer Engine, Fused Kernels, BF16, FP8, and GPU Benchmarking

August 1, 2026

In this tutorial, we explore how NVIDIA Transformer Engine accelerates transformer workloads by combining fused GPU kernels, BF16 computation, and…

Spain attacks ‘selfish’ response of some EU countries to Ceuta migrant crossings
Business, News

Spain attacks ‘selfish’ response of some EU countries to Ceuta migrant crossings

August 1, 2026

Italy has temporarily suspended the Schengen arrangement with Spain as Prime Minister Giorgia Meloni called scenes in Ceuta “shocking”.

Tankers near Oman come under fire as Iran threatens to choke off shipping routes
Business

Tankers near Oman come under fire as Iran threatens to choke off shipping routes

August 1, 2026

The latest attacks come amid U.S. media reports that U.S. President Donald Trump is preparing a fresh round of strikes…

Supabase Releases Evals: an Open Source Benchmark That Scores Claude Code, Codex and OpenCode on Real Supabase Tasks
Business

Supabase Releases Evals: an Open Source Benchmark That Scores Claude Code, Codex and OpenCode on Real Supabase Tasks

August 1, 2026

Supabase has open sourced Supabase Evals, its benchmark and framework for testing how well AI agents build using Supabase. It…

MiniMax Releases MiniMax H3: An Omni-Modal Video Model That Generates 15-Second 2K Clips With Native Stereo Audio
Business

MiniMax Releases MiniMax H3: An Omni-Modal Video Model That Generates 15-Second 2K Clips With Native Stereo Audio

August 1, 2026

MiniMax releases MiniMax H3, a general-purpose multimodal generation model. MiniMax H3 is not a text-to-video model with add-ons. MiniMax describes…

Fifa scraps controversial World Cup investment plan
Business, News

Fifa scraps controversial World Cup investment plan

August 1, 2026

Football’s world governing body Fifa abandons plans to sell off stakes in its major competitions after widespread opposition to president…

Iran’s overlapping power centers make ending the war more complicated
Business

Iran’s overlapping power centers make ending the war more complicated

August 1, 2026

Iran’s power structure complicates efforts to enforce any ceasefire with the U.S., from the Supreme Leader to the Revolutionary Guards.

Israeli West Bank settler tells BBC attacks on Palestinians are justified as revenge
Business, News

Israeli West Bank settler tells BBC attacks on Palestinians are justified as revenge

August 1, 2026

Settler violence against Palestinians is on the rise in the West Bank, as settlements and outposts expand.

DeepSeek Upgrades DeepSeek-V4-Flash-0731 with Major Agentic and Coding Gains
Business

DeepSeek Upgrades DeepSeek-V4-Flash-0731 with Major Agentic and Coding Gains

July 31, 2026

DeepSeek published DeepSeek-V4-Flash-0731 on Hugging Face and moved the official V4-Flash API into public beta on July 31, 2026. The…

Announcing the Agentic Catalog Experience in Amazon Quick
Business

Announcing the Agentic Catalog Experience in Amazon Quick

July 31, 2026

As organizations embrace AI-powered analytics, the value of a natural language (Text2SQL) answer is only as good as the business…

LingBot-Map Tutorial: GPU-Aware Inference and Point Cloud Export
Business

LingBot-Map Tutorial: GPU-Aware Inference and Point Cloud Export

July 31, 2026

In this tutorial, we implement an end-to-end streaming 3D reconstruction pipeline with LingBot-Map. We begin by configuring the input source,…

Dwindling cash and soaring memory costs: Tech’s AI buildout has ballooning price tag
Business

Dwindling cash and soaring memory costs: Tech’s AI buildout has ballooning price tag

July 31, 2026

Amazon, Alphabet and Tesla all reported negative cash flow in the latest quarter, while Meta’s cash generation plummeted by 91%.

Optimizing production agents with Amazon Bedrock AgentCore Observability
Business

Optimizing production agents with Amazon Bedrock AgentCore Observability

July 31, 2026

As your AI agents move from prototype to production, the challenges shift from getting them to work to keeping them…

About 60,000 migrants arrive in Ceuta in 24 hours, Spanish territory’s leader says
Business, News

About 60,000 migrants arrive in Ceuta in 24 hours, Spanish territory’s leader says

July 31, 2026

The estimated number of arrivals is more than 70% of the population of the city, which is about 83,600.

Exxon and Chevron profits surge on rising oil prices due to Iran war
Business

Exxon and Chevron profits surge on rising oil prices due to Iran war

July 31, 2026

ExxonMobil and Chevron on Friday reported second-quarter profits that surged on rising oil prices due to the Iran war.

JetBrains Open-Sources KotlinLLM: Smart Macros That Generate Kotlin Source Code at Runtime and Hot-Reload It Through JDI
Business

JetBrains Open-Sources KotlinLLM: Smart Macros That Generate Kotlin Source Code at Runtime and Hot-Reload It Through JDI

July 31, 2026

JetBrains Research Open-Sources KotlinLLM. KotlinLLM is an IntelliJ IDEA plugin for Kotlin/JVM projects that adds a language feature called Smart…

Nous Research Ships Three Integration Paths for Hermes Agent and Buzz, Block’s Open Source Nostr Workspace for Humans and Agents
Business

Nous Research Ships Three Integration Paths for Hermes Agent and Buzz, Block’s Open Source Nostr Workspace for Humans and Agents

July 31, 2026

Nous Research has released Hermes Agent support for Buzz, Block’s open source, self-hostable workspace where humans and AI agents share…

Iran targets strategic U.S. assets in Kuwait, Bahrain after Egypt drone attack
Business

Iran targets strategic U.S. assets in Kuwait, Bahrain after Egypt drone attack

July 31, 2026

Iran’s army said it launched attacks on strategic U.S. assets and military bases in Kuwait and Bahrain.

Copper may hit new high as AI demand collides with deadly storms, strategists say
Business

Copper may hit new high as AI demand collides with deadly storms, strategists say

July 31, 2026

Deadly storms in Chile have disrupted mining operations, further straining supply and potentially driving prices higher, strategists say.

Oil prices ease as recovering Hormuz Strait traffic tempers war premium
Business

Oil prices ease as recovering Hormuz Strait traffic tempers war premium

July 31, 2026

Commonwealth Bank of Australia said in a note on Friday that stronger oil flows through the Strait of Hormuz had…

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