– Brent crude rose above $115 a barrel on Wednesday as traders reacted to reports of possible renewed US strikes on Iran. Brent futures climbed $1.48, or 1.3%, to $115.36 by 01:40 GMT, while US West Texas Intermediate crude rose

– Microsoft is offering a voluntary exit package to about 27% of its workforce as it seeks to fund a costly AI infrastructure expansion while protecting capital efficiency. The offer, announced on Monday, applies to certain employees in the United

– South Korea’s current account surplus reached $116.63 billion in the second quarter, the second-largest among major economies after China, central bank data showed. The surplus was larger than those of Germany and Japan combined, Yonhap News Agency reported. China

– Bilateral trade between Russia and Oman reached $1.5 billion in the first seven months of 2026, its highest level in a decade, according to Sergei Shoigu. The Secretary of Russia’s Security Council said trade had increased 22-fold over the