News

Air Canada plans to launch scheduled flights to Lagos, Nigeria in 2027.

A U.S. State Department spokesperson stated that the U.S.-mediated talks between Israel and Lebanon in Rome have concluded with productive discussions at the technical and expert levels. The two sides are now closer to agreeing on the steps needed to advance and expand the pilot area process.

U.S. President Trump: I am very pleased with the work of U.S. Defense Secretary Hergsays.

OpenAI: We are collaborating with the American Psychological Association (APA) to integrate psychological science and clinical expertise into our work on artificial intelligence and adolescent mental health. We will work with the APA to develop guidelines, resources, and safety measures.

According to the Iraqi state news agency, citing official sources, the Federal Reserve has transferred $500 million in cash to the Central Bank of Iraq.

According to Reuters, four industry sources said a proposed agreement between Iran and Oman would give Tehran control over ships entering the Gulf via the Strait of Hormuz, but the deal is unlikely to be implemented due to U.S. sanctions and restrictive insurance clauses on any payments.

Sources say ExxonMobil (XOM.N) has informed Kazakhstan of a potential $80 billion joint investment to expand the Kashagan oil field, but the deal hinges on resolving a long-standing $150 billion dispute between the government and international oil companies.

According to The Information, Nvidia is testing at least three Rubin Ultra GPU variants.

According to The Information, Nvidia is weighing a major adjustment, considering using less high-bandwidth memory for its Rubin Ultra GPUs, in response to a shortage of advanced high-bandwidth memory chips.

According to Punchbowl: U.S. Vice President Vance will attend a Senate Republican luncheon today. Vance is expected to discuss legislative issues such as government funding arrangements and the SAVE bill.

US fintech company Marqeta expands its partnership with Google to launch a new service called Wallet for Kids.

According to Iran's Fars News Agency: Under the agreement, US and Israeli ships are prohibited from passing through the Strait of Hormuz.

Alphabet (GOOG.O) large bond offering drew about $115 billion of demand.

Alphabet's (GOOG.O) massive bond issuance attracted demand of approximately $115 billion.

Musk: I roughly estimate that about 25% of TeraFab’s AI computing output is used for Tesla’s (TSLA.O) Optimus and about 75% for AI spacecraft.

The U.S. Treasury Department website shows that the United States has imposed new sanctions on Cuba.

Mexican President Simbaum: Mexico expects its avocado exports to the United States to resume soon.

The German DAX 30 index closed up 20.00 points, or 0.08%, at 26,159.03 on Thursday, August 6th; the UK FTSE 100 index closed down 15.39 points, or 0.14%, at 10,872.91 on Thursday, August 6th; the FCHI index closed up 30.41 points, or 0.35%, at 8,699.71 on Thursday, August 6th; the Eurozone... The Stoxx 50 index closed up 30.27 points, or 0.47%, at 6507.25 on Thursday, August 6; the Spanish IBEX 35 index closed up 122.90 points, or 0.61%, at 20179.90 on Thursday, August 6; and the Italian FTSE MIB index closed up 259.20 points, or 0.48%, at 53706.00 on Thursday, August 6.

Canadian Prime Minister Mark Carney: (When asked about US President Donald Trump’s comments that Canadians are “annoying”) Ottawa is speaking out for Canadian businesses.

US Treasury auction for 4 weeks ending August 6 - winning yield 3.64%, previous value 3.63%.