Hotel giant says ‘growing middle class’ boosted hotel demand despite Middle East hit
IHG reported higher first-half profit as U.S. demand accelerated and Middle East disruption weighed on travel.
U.S. oil rises above $83 a barrel as Iran says Strait of Hormuz won’t open until conditions are met
U.S. oil had risen as much as 3% earlier in the day after President Donald Trump demanded that Iran pay reparations to the U.S.
Treasury yields are little changed as investors await inflation data
U.S. Treasury yields edged higher Tuesday as investors await July’s inflation data print amid ongoing Iran tensions.
CNBC Daily Open: Trump’s Strait of Hormuz claim meets crude reality
U.S. President Donald Trump has claimed that the U.S. Navy has “100%” control of the Strait of Hormuz. Markets don’t think so.
More than 100 killed after strongest quake this century hits western Colombia
The quake struck just days after Abelardo De La Espriella was sworn in as president, thrusting the new administration into its first major crisis.
Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade
Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won’t last forever.
Hormuz deadlock: Where oil prices could head next as prospects for an imminent deal fade
Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won’t last forever.
U.S. judge ends graft case against Indian billionaire Gautam Adani
A U.S. federal judge has approved the Department of Justice’s decision to dismiss the criminal probe against Indian billionaire Gautam Adani on graft charges.
Singapore revises its annual growth forecast sharply higher on AI-related boost
GDP growth for 2026 is now expected to come in at 4.5% to 5.5%, more than double the low end of its previous forecast of 2%-4%
Pakistan signals progress on U.S.-Iran deal as Washington and Tehran trade reparation demands
Washington and Tehran remain far apart even as both sides talked of winding down regional hostilities.
