The government says compensation, faster subsidy payments and targeted tax relief will help farms absorb crop losses and restart production after drought and heatwaves.
The American Automobile Association says average US diesel prices have reached a record $5.85 a gallon, intensifying pressure on farmers, hauliers and food supply chains already strained by the Iran war.
Shares advanced after recent declines even as investors watched the U.S.-Iran conflict, while the Japanese yen strengthened sharply against the dollar.
The Dutch central bank says it shifted 86 tonnes of gold from the United States and Canada to London, arguing the move improves crisis deployability and resilience.
Labor inspectors will stop pressing eligible businesses to remain below 45 monthly overtime hours, while the legal ceiling and health safeguards remain in place.
The IMF says a new 36-month loan program for Senegal will back economic reform through 2029, but the board still must approve the agreement after the earlier program was suspended over hidden debt.
The acquisition would add an antibody-degradation platform and an early clinical program for Graves’ disease to Lilly’s expanding immunology portfolio.
Tokyo’s finance ministry said it intervened heavily between late July and late August to slow the yen’s decline, in what AFP described as the largest monthly intervention on record.
Federal Reserve Chair Kevin Warsh said inflation had not improved enough to reassure the central bank, while market reaction suggested investors took the Jackson Hole remarks as a sign that tighter policy could still be coming.
The South Korean company secured a 1 September transit for the LPG carrier G. Spirit before the canal reduces daily crossings in response to El Niño-related drought.
The maker of Lucky Charms and Trix says its domestic cereal lineup now relies on colors derived from fruits, vegetables and spices, while other products are due to change by the end of 2027.
Reports dated 25 August 2026 documented hyundai and workers reach tentative agreement after month of strikes, marking a significant business development.
France and Saudi Arabia signed a memorandum for a €6 billion Saudi investment in three theme parks near Paris, including one expected to carry a manga theme.
Treasury Secretary Scott Bessent outlined a new sanctions package aimed at trade, banking and shipping ties with Iran, while Tehran and Beijing signaled resistance.
The United States imposed new 50% tariffs on about $20 billion of Canadian goods after trade talks failed, and Prime Minister Mark Carney vowed dollar-for-dollar retaliation.
The Panama Canal Authority’s planned transit caps highlighted renewed pressure on one of global shipping’s most important shortcuts after rainfall fell sharply below normal.
A vessel in France is loading about 67,000 tonnes of wheat bound for Sudan, marking the first such export from France since 2008, according to LSEG data.
The Treasury’s latest tally puts the national debt above $40 trillion for the first time, a milestone that underscores years of deficit spending and rising interest costs.