Source: Bloomberg, 6:26

The National Bank of Rwanda raised its key interest rate to its highest level since 2009 to contain inflation.

Source: Bloomberg, 15:27

Nepal may seek electricity from India to cover any shortfalls after flash floods damaged hydropower plants, knocking out about 8% of the country’s generation capacity, according to the energy ministry.

Source: Bloomberg, 6:32

Source: Bloomberg, 4:30

Get caught up.

Source: Bloomberg, 0:00

Iraq is offering buyers of its crude the option to collect supplies from outside of the Persian Gulf for the first time since the Iran war began, highlighting resilient exports flowing through the Strait of Hormuz.

Source: Bloomberg, 4:29

The number of young Britons not in jobs or education stood at close to 1 million in the second quarter, underscoring the stakes for Prime Minister Andy Burnham as he pledges to address the UK’s youth crisis.

Turkey is quietly becoming a renewables heavyweight. Rapid wind and solar deployment is helping the country meet rising electricity demand while reducing exposure to imported fossil fuels. Turkey ranked among the world’s top 10 markets for new wind and solar capacity in 2025, and it is targeting 120 gigawatts of combined capacity by 2035. But sustaining that growth will require much greater investment in the grid, and meeting government transmission targets would require annual investment to ris

South Korea’s central bank chief likened monetary policy to a gardening tool in explaining the decision to conduct back-to-back rate hikes for the first time in more than three years.

India is nearing the rollout of a fresh incentive program for advanced battery cell component makers worth up to 130 billion rupees ($1.37 billion), according to people familiar with the program, part of Prime Minister Narendra Modi’s push to close a persistent cost gap with Chinese producers.

Zambia’s annual inflation rate fell to its lowest level since February 2018 last month, remaining near the lower bound of the central bank’s 6% to 8% target range, as a strong currency helped keep the cost of imported goods in check.

Bank of Thailand Governor Vitai Ratanakorn pushed back against expectations for an extended interest-rate pause, saying policymakers aren’t committed to keeping borrowing costs unchanged and the next move could be in either direction.

Source: Bloomberg, 0:00

BOE told to boost digital currencies; heat shapes business spending

Snacks company Pladis Foods Ltd. is in talks for a private placement bond sale of as much as $500 million, according to people familiar with the matter.

India’s fiscal outlook has improved from the worst-case scenarios officials were contemplating at the height of the Iran war, with the government now set to exceed its asset-sale target for the first time in eight years, according to people familiar with the situation.

Fortum Oyj submitted an application for Swedish state aid to build new nuclear reactors at an existing site with power demand set to surge in the coming decades.

Source: Bloomberg, 0:00

Harmony Gold Mining Co.’s profit for the year through June doubled as the biggest producer of South African gold benefitted from booming prices for the precious metal.

The Philippine central bank raised its benchmark interest rate for a third straight meeting, vowing to slow inflation that’s running twice as fast as target, even as the economy remains one of Southeast Asia’s laggards.

Norway’s economy picked up pace last quarter broadly as expected, keeping the door open for more monetary tightening by the Nordic nation.

The famed chef thinks his home country is finally ready for him.

Pernod Ricard SA expects to hit only the lower end of its medium-term forecast for sales growth as the French drinks company contends with a prolonged slump in demand.

It is said that Brits can often see four seasons in one day, with surveys showing the UK weather as the main reason for booking a holiday abroad.

Mineral Resources Ltd. is looking to expand beyond Australia and diversify into copper after posting a record profit thanks to buoyant iron ore and lithium prices.

Hong Kong home prices eased in July, ending the longest winning streak since 2018, underscoring weakening sentiment in the residential market.

Qantas Airways Ltd. Chief Executive Officer Vanessa Hudson called for chronic shortages of air traffic controllers at Sydney Airport to be fixed, saying around 60,000 passengers were affected by flight delays in July alone.

Caesars Entertainment Inc. turned down a bid from investor Carl Icahn to take the company private and instead chose a lower offer from billionaire Tilman Fertitta because it was more comfortable with other terms of his proposal, according to a filing Wednesday by the casino giant.

Private equity giant KKR & Co. has agreed to pay $250 million to resolve a civil antitrust case filed by the US Justice Department alleging the investment firm intentionally withheld documents from government-required merger reviews on more than a dozen deals, the largest-ever penalty for filing violations.

US Trade Representative Jamieson Greer said he was clear during recent negotiations with Canada that medium- and heavy-duty trucks would be excluded from tariff relief, as officials sparred again over which side was responsible for the failure of the talks.

China is making a big bet on green hydrogen that could make or break a fuel long-touted as holding the keys to the global energy transition.

Qantas Airways Ltd. reported its lowest annual profit in four years after the Iran war sent the price of fuel soaring.

Wendy’s Co. plunged in late trading on Wednesday after Reuters reported that Nelson Peltz’s Trian Fund Management has no plans to make a bid at this time to take the fast-food chain private.

The western Canadian province of Saskatchewan will put a 50% tax on US alcoholic beverages in retaliation for new American tariffs on Canadian beer, wine and liquor.

Paramount Skydance Corp. could get roughly $8 billion and some legal relief if it agreed to sell Warner Bros. Discovery Inc.’s Turner networks as a path toward settlings two lawsuits challenging the Warner acquisition, according to Bloomberg Intelligence estimates.

The biggest US grid operator is about to learn how tight power supplies may get in coming years as the data-center boom sparks unprecedented electricity demand growth.

The European Union’s executive arm wants to adopt recommendations next week delaying penalties on energy imports that fail to comply with the bloc’s controversial methane emissions regulation.

The technology firm’s digital power unit is expanding into new markets and lifting revenue

The first container ship to run on Brazilian-made ethanol fuel is scheduled to sail early Tuesday from the port of Santos, an unprecedented test for the nation’s biofuel industry that marks a key step toward cutting emissions in maritime transportation.

Airhive, a London-based startup, acquired its Dutch competitor, Carbyon, in a deal it says will create one of Europe’s biggest integrated direct air capture companies.

The Environmental Protection Agency on Monday proposed to approve Alabama’s application to take over issuing certain coal waste permits from the agency, part of a trend under President Donald Trump to transfer more authority from the federal government to states.

European Union member states will this week debate the impact of the bloc’s controversial methane-emissions rules for importers on the region’s energy security.

Sunrun Inc. is piloting a program aimed at enabling customers to earn hundreds of dollars per month that would use electricity from rooftop solar installations to power distributed computing, according to Chief Executive Officer Mary Powell.

Maricopa County has long been a leader and testing ground for heat-death prevention policies.

France is rushing air conditioners to hospitals as drought, wildfires and extreme heat grip Europe.

New York City and the Northeast will see temperatures surge this week as another wave of sultry weather shifts across the eastern US and southern Canada.

Water levels at a key waypoint on the Rhine River have fallen to the lowest for the time of year in decades as Europe struggles with intense heat waves, limiting fuel flows into southern Germany and Switzerland.

Wildfires are breaking out across Europe after three heat waves and weeks of low rainfall left much of the continent dangerously dry, with crews battling blazes south of Paris and in the UK, while Spain reels from one of its deadliest wildfires.

Chinese solar wafer maker TCL Zhonghuan Renewable Energy Technology Co. has purchased a majority stake in smaller rival DAS Solar Co., the latest sign of consolidation in an industry wrought by overcapacity and a persistent supply glut.

This summer’s heat waves may have already resulted in more than 2,700 deaths in England and Wales. That’s according to an estimate published on Monday by researchers at Imperial College London, the UK Met Office and the London School of Hygiene and Tropical Medicine. Bloomberg's Joe Wertz reports. (Source: Bloomberg)

China may encounter stronger and more frequent tropical cyclones over the summer months, according to the national climate agency, even after Typhoon Bavi faded over the weekend without causing the widespread flooding that some forecasters had feared.

This summer’s heat waves may have already resulted in more than 2,700 deaths in England and Wales.