FTSE 100 rises, led by Glencore, Next earnings; banks slide Reuters

US lifts sanctions on Fly Baghdad, previously linked to Iran's IRGC Reuters

Downing LLPLEI: 213800G3X76VBG9SB5045 August 2026Form 8.3 re. Ramsdens Holdings Plc

MoneyPass Group began operating as an independent company following the close of a previously announced joint venture between Bridgeport Partners & Fiserv.

Gloo agrees to acquire Cedarstone to expand AI-powered nonprofit services

Celestica Inc. is looking to raise $3 billion from selling new shares, joining a flurry of companies raising funds for data centers to power the artificial intelligence buildout.

Federal Reserve Governor Lisa Cook cautions that the longer inflation remains above the central bank’s goal, the tougher the job will be to rein it in during remarks at an event in Alaska. (Source: Bloomberg)

A spate of well-known hedge funds reported steep losses in July as AI shares tumbled, most notably forcing the highly leveraged Situational Awareness to sell most of its stock portfolio at a deep discount to Ken Griffin’s Citadel.

The technology trade may be poised to become even more dependent on retail investors and more volatile after a rough July, according to an assessment of preliminary data on technology, media and telecommunications equity sector hedge funds from JPMorgan Chase & Co.

Stocks in Asia were poised to ease Thursday as investors digested gains in technology shares while watching for fresh signs of progress toward a deal to reopen the Strait of Hormuz.