As Iran War Turns Into Economic Battle, a New U.S. Strategy Recalls Old Ones
The United States and Iran are poised to blow past a deadline they had set themselves to broker terms on peace and Iran’s nuclear program.
Anthropic IPO valuation hinges on revenue
[ As Anthropic prepares for what could be one of the biggest IPOs on record, Wall Street is looking further into the future than it commonly does to put a price on the AI company, valuing it based on how much revenue it could generate two years from now. Anthropic is projecting 2028 revenue of … Read more
Cholera Outbreak Sickens More Than 90 in Myanmar’s Biggest City
Civil war and military rule have weakened Myanmar’s health care system, while heavy monsoon rains have increased the risk of waterborne disease.
Pakistan announce squads for Asia Cup, Asian Games
Pakistan have named their 15-member squads for the Women’s Asia Cup and the 20th Asian Games, with regular captain Fatima Sana returning to lead the side in both tournaments after missing the recent T20I series against Sri Lanka due to her commitments in The Hundred. The Women’s Asia Cup will be played in Dubai from … Read more
Makhachev edges Garry to retain UFC welterweight title
Islam Makhachev (red gloves) fights against Iah Machado Garry (blue gloves) in the welterweight title bout during UFC 330 at Xfinity Mobile Arena on August 16, 2026. Photo: Reuters LONDON: Russia’s Islam Makhachev used his dominant grappling to earn a unanimous decision win over Ian Machado Garry to retain his UFC welterweight title in a … Read more
S&P 500 slips from record
[ SAN FRANCISCO: The S&P 500 closed lower on Friday, dipping from a record high and weighed down by Applied Materials, while investors digested weaker-than-expected retail sales data. Applied Materials fell 5.1% after its upbeat quarterly forecast failed to impress investors. The chip equipment maker’s shares have doubled in 2026 due to strong demand related … Read more
Modi’s restricted media landscape
PUBLISHED August 16, 2026 In the summer of 2020, Supriya Sharma was working from home when a fellow journalist called and asked her a question she had not been expecting. “Is there an FIR against you?” Yes, there was. The police complaint accused Sharma, executive editor of Scroll, of misrepresenting the words of a woman … Read more
Turkiye eyes stronger trade, new JVs
[ Says business leaders not merely conduct trade but also build bridges of friendship ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) hosted its International Excellence Awards 2026 in Istanbul, bringing together senior Turkish government officials, diplomats, leading Pakistani and Turkish business figures and representatives of the business community to celebrate Pakistan’s entrepreneurial excellence … Read more
Thousands evacuate after Indonesia quake kills 51, cuts roads
Children run next to shelters at a makeshift evacuation centre at a stadium in the aftermath of an earthquake, in Maumere, East Nusa Tenggara, Indonesia, August 16, 2026. PHOTO: REUTERS Around 5,000 people have been evacuated after a magnitude-7.7 earthquake smashed an area in eastern Indonesia, killing at least 51, blocking roads and causing landslides, authorities said on Sunday. 36 people were seriously … Read more
Germany may continue to run some coal plants
[ FRANKFURT: Germany delayed this week an interim report about the implications of the lignite exit in its biggest state, fuelling market expectations that the government could choose to let some plants run longer than initially planned. What has happened? Germany agreed in 2022 with its biggest power producer RWE to phase out lignite-fired power … Read more