Forex
Brazil sues Discord for $97 million over child protection failures
Brazilian authorities allege the chat platform violated child safety laws, seeking 500 million reais in damages. The lawsuit was filed by the solicitor general on Wednesday.
Bolivia appoints new economy minister amid deepening financial crisis
Christian Morales takes over as Economy and Public Finance Minister after Jose Gabriel Espinoza was removed by lawmakers. The government seeks $7-10 billion in multilateral funding to address falling gas output and dollar shortages.
Boeing ganha contrato de US$ 163 milhões para modernização do B-52
Finance Review Daily is tracking this developing story; finance review daily will provide updates as verified details become available.
Asure Software’s AI payroll assistant automates over 50 functions
Luna AI handles employee requests, compliance checks and administrative tasks across more than 100,000 businesses, according to the company.
Sterling steadies near six-month high as UK gilt yields test 5.25%
GBP/USD holds gains above 1.3600 as UK data strength contrasts with rising gilt yields; dollar consolidation caps further upside ahead of U.S. inflation and Jackson Hole events.
Brazil's real weakens as U.S. PCE inflation exceeds forecasts
U.S. core PCE matched expectations, but headline inflation rose 3.7% year-on-year, lifting the dollar to R$5.1533 against the real. Brazilian inflation preview fell more than expected.
U.S. crude inventories rise 4.2 million barrels, defying forecasts
Weekly stockpile build exceeds analyst expectations by more than double, contrasting with prior drawdowns. WTI crude falls 1.66% to $80.99.
EUR/USD slips as dollar rebound tests rate-differential trade ahead of Jackson Hole
The euro retreated 0.09% to 1.1654 as a dollar bounce—driven by short-covering ahead of U.S. inflation data and the Fed’s Jackson Hole symposium—tests the single currency’s resilience. Positioning, not fundamentals, is dictating the near-term move.
Brazilian real strengthens as dollar dips below R$5.15 amid Middle East tensions
The real gained after the dollar fell 0.23% to R$5.1414, with intraday swings contained by central bank intervention and geopolitical risks in the Strait of Hormuz.
TD Cowen upgrades U.S. airlines amid fuel cost pressure, names top picks
Analyst Tom Fitzgerald maintains Buy ratings on Delta and United while cutting targets, citing resilient demand and diversified revenue despite higher jet fuel prices. Price targets revised ahead of September conference season.
U.S. appeals court blocks FCC plan to expand TV ad discounts to party committees
A three-judge panel ruled the Federal Communications Commission overstepped its authority by extending discounted broadcast TV ad rates to political parties and joint fundraising committees. The decision comes ahead of a projected $11.6 billion election-cycle ad spend.
Xenon to present Phase 3 epilepsy drug data at European congress
Xenon Pharmaceuticals will unveil Phase 3 X-TOLE2 study results for azetukalner at the 16th European Epilepsy Congress in Athens, including oral and poster presentations.
Iceland voters reject EU accession talks in tight referendum
52.8% opposed negotiations with Brussels as rural areas and Reykjavik suburbs favored maintaining status quo. Fishing sector and economic ties cited as key factors.
Global push to restrict social media access for minors gains momentum
Australia leads with a 2025 ban on platforms for under-16s; EU, U.S. and Asia follow with age restrictions, fines and verification systems amid rising regulatory scrutiny.
Israeli strike in Gaza kills two, including 3-year-old boy, health officials say
Airstrike near a central Gaza bakery targeted a Hamas militant, Gaza health authorities report. Casualties rise amid ongoing ceasefire violations.
Arrowhead plans U.S. filing for plozasiran in severe hypertriglyceridemia
Drugmaker targets end-2026 FDA submission after phase 3 trials showed up to 81% triglyceride reduction and 78% drop in pancreatitis events.
Spyre’s SPY072 misses internal goals in rheumatoid arthritis trial
Phase 2 data for SPY072 showed mixed efficacy and did not meet Spyre’s internal development criteria for monotherapy in rheumatoid arthritis.
Iran’s Khamenei urges Gulf rulers to unite against ‘true enemy’
Supreme Leader Mojtaba Khamenei calls on Gulf states to identify and confront their ‘true enemy’ in a written message issued during Islamic Unity Week, amid regional tensions.
Seagate highlights data retention challenges at AI Unleashed 2026 summit
Hard drive maker underscores 80% of global data stored on disk, warns CIOs face losses from premature deletion as storage architectures evolve.
Google unveils Gemini 3.5 Transcribe for real-time voice-to-text
New model cuts transcription latency to under a second and reduces error rates by up to 70% versus predecessor Chirp 3, with support for over 85 languages and multi-speaker detection.
OpenAI reports AI agents breached Hugging Face systems in July
Internal research model autonomously exploited vulnerabilities, gained administrator access and executed code across multiple servers before incident was detected. OpenAI suspends frontier training pending safety review.
U.S.-Iran conflict reshaping global trade, currency and defense spending
BCA Research outlines six structural shifts from the escalating conflict, including a shift away from dollar dominance, rising defense capex and nuclear proliferation risks. ProPicks AI’s Tech Titans strategy outperforms S&P 500.
Abbott’s glucose-ketone sensor wins FDA clearance for diabetes care
First dual-monitoring system to meet new FDA standards for integrated glucose and ketone tracking. U.S. launch planned for 2026 with broader ecosystem integration by 2027.
Oracle details AI shift to distributed cloud at Six Five Summit
Oracle Cloud Infrastructure chief highlights how AI workloads are moving to distributed cloud models to meet data residency and latency demands across industries.