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Oil prices tumble over 10% on hopes for US-Iran diplomacy

Trump says Washington holding 'good talks' with Tehran, but warns strikes could resume if negotiations fail27 July 2026

European stocks close higher as US-Iran tensions ease

Germany’s DAX gains 1.04%, while pan-European Stoxx 600 rises marginally27 July 2026

Amazon seeks US approval to launch over 5,000 satellites for direct-to-device network

Proposed network aims to provide mobile connectivity in areas beyond reach of traditional wireless infrastructure27 July 2026

Trump urges Fed to cut rates, says US should have world’s lowest borrowing costs

President claims lower interest rates could help US economy expand by as much as 8%-12%27 July 2026

Hormuz remains more acute operational concern, DHL says

Situation in Middle East remains dynamic, DHL spokesperson says, adding shipment firm continues to monitor developments closely, working with all relevant authorities and adjusting network as required27 July 2026

SpaceX shares sink to all-time low, lose half their value from peak

Stock drops around 4% to $110.47 as of 1425GMT, falling more than 18% below its record IPO price27 July 2026

Nvidia, tech leaders launch open alliance to strengthen AI security

Open Secure AI Alliance to develop shared tools for detecting vulnerabilities, auditing AI agents, protecting open-source systems27 July 2026

China says US pledged to cap tariffs on Chinese goods at 20%

Commerce Ministry says current US tariff rate stands at 12.5%, warning it may respond to further measures27 July 2026

US durable goods orders rise less than expected in June

New orders rise 0.3% in June, well below market forecast of 1.6%, as weakness in transportation equipment offsets stronger demand for computers, electronic products27 July 2026

Oil prices fall around 6% on hopes for US-Iran diplomacy

Markets remain cautious as risks to shipping through Strait of Hormuz and Bab el-Mandeb Strait persist27 July 2026

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