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Norway's $2T sovereign wealth fund could 'disappear' amid global crisis: Manager director

Nicolai Tangen highlights several extreme scenarios that could threaten fund's value, including nuclear war, acts of biological terrorism11 August 2026

Russia’s federal budget deficit climbs over 32% in January-July

Deficit reaches nearly $79B as oil and gas revenues fall 16.8%, government spending rises 14.5%11 August 2026

Russia's central bank lists 3 cryptocurrencies as acceptable for regulated exchange trade

Bank of Russia approves Bitcoin, Ethereum and USDT for public trading on Russian exchanges11 August 2026

European stocks close mixed as energy gains offset Hormuz concerns

Oil and gas shares rise 1.7%, while technology stocks gain 1.1%11 August 2026

Nvidia launches lightweight OpenAI model for autonomous agents

Nemotron 3.5 Lightning has 30B parameters, activates only 3B for each task, allowing deployment on single GPU system11 August 2026

Iran war drives up plastic costs, pushes bottled water prices higher

War-related disruption also affects other raw materials, including rubber, silicone and packaging materials, leading to shortages and higher prices11 August 2026

Türkiye proposes licensing rules, fee cap for foreign accommodation platforms

Bill would require platforms to obtain 2-year permit for about $105,000, cap commissions at 17%11 August 2026

Intel raises stock offering to $20B amid surging AI investment

Chipmaker expects approximately $19.7B in net proceeds, with underwriters’ option potentially lifting gross proceeds to $23B11 August 2026

Gold hits 10-week high at $4,400 amid China demand, US-Iran uncertainty

Chinese central bank added about 20 tons of gold to reserves in July11 August 2026

US private employers add 8,250 jobs weekly, hiring continue to slow

- Weekly job additions down from 11,000 for week ending July 18 and 14,500 for week ending July 1111 August 2026

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