Business news today spans fresh violence, market intervention, and efforts to shore up trade routes. In Moscow, an explosion outside a central restaurant killed three people and injured 15, with Russian authorities investigating and some reports classifying the blast as a terrori...
Business news today spans fresh violence, market intervention, and efforts to shore up trade routes. In Moscow, an explosion outside a central restaurant killed three people and injured 15, with Russian authorities investigating and some reports classifying the blast as a terrorist attack. In Gaza, Israeli strikes killed two Palestinians and destroyed warehouses storing medical supplies near Al-Aqsa Martyrs Hospital, underscoring how conflict continues to disrupt both lives and basic services. Against a backdrop of regional instability, Iraq and Turkey moved to protect energy flows by extending their Ceyhan oil pipeline deal for another year, giving بغداد a vital alternative to shipping through the Strait of Hormuz. In currency markets, reports say the U.S. Treasury stepped in to support the yen through the New York Fed, a rare intervention. Meanwhile, India offered a brighter economic signal, with July GST collections jumping 15.4% to more than ₹2.11 lakh crore.
Top Business stories
- Explosion kills three and injures at least 15 in central Moscow restaurant (15 sources)
- Israeli strikes in Gaza kill two and destroy medicine storage warehouses (8 sources)
- Iraq and Turkey extend Ceyhan oil pipeline deal for one year (7 sources)
- India’s July GST collections rise 15.4% to over ₹2.11 lakh crore (6 sources)
- U.S. Treasury intervenes in yen market, reportedly buying yen via the Fed’s New York unit (5 sources)
- US makes visa bond program permanent for 50 countries, with refundable bonds up to $20,000 (3 sources)
- Phoenix continues record heat as broader West faces rising fire risk (3 sources)
- FSSAI suspends Switz Foods’ licence over alleged food-safety violations (3 sources)
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