Britain announces nearly $175M for zero-emission vehicle technologies

Government and industry funding will support electric vehicle innovation, automated mobility projects and technologies including sensors and AI simulation

Britain announces nearly $175M for zero-emission vehicle technologies

Government and industry funding will support electric vehicle innovation, automated mobility projects and technologies including sensors and AI simulation

Oil prices rise as Iran sets conditions for reopening Strait of Hormuz

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EU government budget allocations for R&D rise by 60%+ over decade

EU governments allocate estimated $150.5B, up 07 August 2026

Türkiye's BIST 100 down at weekly close

Borsa Istanbul drops around 19.5 points07 August 2026

US economy unexpectedly sheds 23,000 jobs in July

Payrolls sharply miss market forecast for 85,000 increase07 August 2026

Yen gives back nearly half of gains a week after US-Japan currency intervention

Japanese currency trades around 158.5 per dollar after briefly strengthening to 155 following coordinated intervention07 August 2026

Global food prices hit 3.5-year high in July

Supply chain disruptions, drought conditions push FAO Food Price Index to highest level since January 202307 August 2026

Turkish defense firm Aselsan, Uzbekistan discuss defense industry cooperation

Talks focus on Aselsan's activities in Uzbekistan, ongoing projects and future cooperation opportunities07 August 2026

South Korean chipmaker to invest $38.1B in new memory chip plants amid AI demand boom

SK hynix plans new DRAM facility in Yongin, NAND plant in Cheongju07 August 2026

China adds nearly 20 tons of gold to reserves in July

Central bank extends gold-buying streak to 21 consecutive months07 August 2026

Global markets continue seeking direction ahead of US nonfarm payrolls

Middle East deal delays and Strait of Hormuz talks stall, spiking oil prices and fueling inflationary pressures07 August 2026

Brent oil prices rise 5% amid Hormuz uncertainty

Explosions heard in southern Iran near entrance to Strait of Hormuz; Brent oil up 4.9%, WTI 4% and natural gas by 11.5%06 August 2026

Britain announces nearly $175M for zero-emission vehicle technologies

Government and industry funding will support electric vehicle innovation, automated mobility projects and technologies including sensors and AI simulation

Britain announces nearly $175M for zero-emission vehicle technologies

Government and industry funding will support electric vehicle innovation, automated mobility projects and technologies including sensors and AI simulation

Economy

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Economy

European stocks close mixed amid Hormuz uncertainty

US strategic oil reserves fall to lowest level since 1983

Türkiye's BIST 100 up at Monday's close

US natural gas jumps over 5% on hotter weather, rising LNG demand

European gas prices jump 8% over Hormuz uncertainty

Russia posts rising trade surplus in H1

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