Norway’s massive sovereign wealth fund on Wednesday posted first-half profit of 1.48 trillion kroner ($138 billion).
Britain considers tougher internet safety laws after riots, Musk comments — what you need to know
The U.K. is considering ways to toughen up internet safety regulations after far-right riots sparked by misinformation and incendiary comments from Elon Musk.
Wizz Air launches $550 ‘all you can fly’ annual subscription pass
Travelers in Europe can now take unlimited flights for 499 euros ($550) a year under a new travel subscription service from budget carrier Wizz Air.
France’s ‘Olympic truce’ ends, returning political tensions to the fore
Emmanuel Macron must appoint a new prime minister but faces an “unprecedented” backdrop that may lead to deadlock.
UK inflation comes in below expectations at 2.2%, after two months at the Bank of England’s 2% target
U.K. inflation came in below expectations at 2.2% in July, data from the Office for National Statistics showed Wednesday.
Japan Prime Minister Fumio Kishida will not run for party reelection
Kishida’s decision to not run for reelection effectively means he would step down as prime minister when the party elects a new leader.
Reserve Bank of New Zealand cuts cash rate by 25 basis points, lowers rate forecasts
The Reserve Bank of New Zealand lowered its cash rate by 25 basis points to 5.25% on Wednesday.
Wednesday’s big CPI inflation report could mark a change in thinking for the Fed
The news Tuesday was good for inflation, and investors hope it will get even better Wednesday.
Asia-Pacific markets mixed as RBNZ cuts cash rate; Nikkei falls as Kishida to step down in September
Separately, business sentiment at Japanese manufacturers have turned slightly less confident in August, according to the Reuters Tankan survey.
Monaco is 1 of 6 locations hosting the star-studded E1 — a race thought ‘impossible’ before it began
Monaco is the latest location to host the all-electric E1 boat race, a competition with teams owned by celebrity athletes like Tom Brady and Rafael Nadal.