Dubai Telegraph

Crude jumps on fresh Mideast flare-up, tech rout deepens

Oil prices spiked Wednesday after a fresh flare-up of fighting in the Middle East that revived fears over supplies through the Strait of Hormuz, while chip firms continued to bleed as nervous investors unwound their bets on the AI boom.

SK hynix posts 1,200% net profit boost on AI chip boom

South Korea's SK hynix said Wednesday second-quarter net profit soared a whopping 1,242 percent year-on-year, driven by the artificial intelligence industry's explosive demand for its advanced memory chips.

Senate advances sweeping Russia sanctions bill

The US Senate advanced sweeping sanctions legislation targeting Russia's energy revenues Tuesday, as Ukrainian President Volodymyr Zelensky visited Washington to press for stronger action against Moscow.

US government bans humanoid robots manufactured abroad

US President Donald Trump's administration on Tuesday added humanoid and quadruped robots to a list of products and companies that are banned from being imported into the United States on national security grounds.

Mixed day for global stocks but oil prices fall along with chip shares

Wall Street stocks mostly rose Tuesday behind solid earnings and a pullback in oil prices, offsetting weakness in chip shares and in Asian equity markets.

Spain lets wildfire evacuees return but France fears flames spreading

Spanish residents forced to flee some of the worst wildfires in living memory began returning to their homes on Tuesday but thousands more were ordered to leave in France over fears that a looming heatwave would prevent containment of fires that have ripped through the country's southwest.

AI glasses help propel EssilorLuxottica sales growth

Sales of AI-enabled eyeglasses, which have nearly doubled since last year, helped EssilorLuxottica accelerate second-quarter growth, the world's largest maker of eyeglasses reported Tuesday.

GSJJ Launches ESG-Certified Custom Challenge Coins and Pin Badges

GSJJ today announced the launch of a new product line of Custom Challenge Coins and Custom Pin Badges designed to support corporate recognition programs and employee retention initiatives in 2026, integrating defined production methods, tiered material options, environmentally certified materials, and coordinated display and packaging solutions.

Airbus completes record 24-hour flight with plane to be used by Qantas

A specially modified Airbus A350 plane touched down in France Tuesday after a record 24-hour test flight from Australia, ahead of it joining Qantas's fleet next year.

Kering sales begin to recover as Gucci improves

Improvement at troubled Italian fashion house Gucci helped sales at Kering edge high in the second quarter, the French luxury group said Tuesday.

FIFA says it hopes to sell $4.2bn stake in its tournaments

FIFA said Tuesday it plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a semi-private subsidiary.

US Fed begins meeting with markets expecting steady interest rates

The US Federal Reserve's key rate-setting committee opened a two-day meeting on Tuesday, with policymakers expected to hold rates steady amid growing concern over Iran war-fuelled inflation.

Synsira Launches Kind Local Pro with 100% On-Device AI

Operating entirely offline, Kind Local Pro gives individuals local data sovereignty without sacrificing AI performance

British drugs group GSK targets savings after profits slide

British pharmaceutical giant GSK on Tuesday said it was targeting future annual savings of £1.9 billion ($2.5 billion) after bottom-line profits tumbled in the second quarter.

Boeing reports loss on Air Force One but sees progress in turnaround

Boeing reported a bigger-than-expected loss Tuesday fuelled by $280 million in additional costs in outfitting two US presidential planes, but said broad-based revenue growth showed progress after several troubled years.

Tech stocks tank on AI jitters, oil falls further

A rout in tech stocks dragged down Asian markets Tuesday on fresh concerns over the AI boom, while European equities held up as oil prices extended losses.

Mercedes CEO urges German 'productivity offensive' as China woes hit profit

Germany needs to cut costs and boost productivity, Mercedes-Benz boss Ola Kaellenius demanded Tuesday as he presented second-quarter profit hit by fierce competition in China.

Seoul, Tokyo lead fresh tech rout as most of Asia retreats

South Korea's Kospi collapsed almost 11 percent on Tuesday as tech took a battering on another negative day for Asian stock markets, with a report of a breakthrough in China's chip industry compounding worries about the longevity of the AI boom.

BitMart تحت الضغط: لم يتم الإفراج عن 22,000 USDT و930,000 SNC بعد مرور 48 ساعة – هل تعاني BitMart من نقص في الأموال؟

تطالب SCANDIC COIN (SNC) من BitMart بتقديم تفسير فوري. وفقًا لمعلومات SNC، فإن طلب السحب الذي تم تقديمه في 26 يوليو 2026 الساعة 09:10:03 بتوقيت ألمانيا، لا يزال حتى اليوم 28 يوليو 2026، أي بعد مرور أكثر من 48 ساعة، يحمل الحالة «قيد المعالجة». وحتى وقت نشر هذا الخبر، لم تصل بعد 22,000 USDT (ما يعادل 22,000 دولار أمريكي) وما يقرب من 930,000 SNC (ما يعادل حاليًا 158,000 دولار أمريكي) إلى المحافظ المخصصة لذلك.

Taiwan detains Nvidia worker in chip smuggling probe: source familiar with case

Prosecutors in Taiwan have detained an Nvidia employee as part of an investigation into the smuggling of the US tech giant's AI chips to China, a source familiar with the case told AFP on Tuesday.

BitMart under pressure: 22,000 USDT and 930,000 SNC still not released after 48 hours – is BitMart running out of funds?

SCANDIC COIN (SNC) is demanding an immediate explanation from BitMart. According to SNC, a withdrawal request submitted on 26 July 2026 at 09:10:03 German time was still marked as ‘Pending’ today, 28 July 2026 – more than 48 hours later. At the time of publication, 22,000 USDT (equivalent to 22,000 US dollars) and almost 930,000 SNC (currently equivalent to 158,000 US dollars) had still not been credited to the designated wallets.

Why are tech stocks tanking?

Investor jitters over how long the artificial intelligence spending boom will last and concern over Chinese competition in chipmaking sent technology shares plunging Tuesday.

BitMart 面臨壓力：22,000 USDT 和 930,000 SNC 在 48 小時後仍未解凍——難道 BitMart 資金不足？

SCANDIC COIN（SNC）要求 BitMart 立即作出說明。根據 SNC 的說法，一筆於 2026 年 7 月 26 日德國時間 09:10:03 提交的提現申請，截至今日（2026 年 7 月 28 日）——即超過 48 小時後——狀態仍顯示為「處理中」。截至發稿時，22,000 USDT（相當於 22,000 美元）及近 930,000 SNC（目前相當於 158,000 美元）仍未入帳至指定錢包中。

BitMart под давлением: 22 000 USDT и 930 000 SNC не разблокированы по истечении 48 часов — у BitMart не хватает средств?

SCANDIC COIN (SNC) требует от BitMart немедленного объяснения. По данным SNC, заявка на вывод средств, отправленная 26 июля 2026 года в 09:10:03 по немецкому времени, и сегодня, 28 июля 2026 года, то есть спустя более 48 часов, по-прежнему имеет статус «В обработке». На момент публикации 22 000 USDT (что соответствует 22 000 долларов США) и почти 930 000 SNC (что на данный момент соответствует 158 000 долларов США) по-прежнему не поступили на предназначенные для этого кошельки.

Seoul, Tokyo lead Asian plunge as tech stocks suffer fresh rout

South Korean and Japanese tech took another battering Tuesday, leading losses across most Asian stock markets, as a report of a breakthrough in China's chip industry compounded growing worries about the longevity of the AI boom.

'Appy marriages: AI helps hundreds of Japanese wed

A total of 265 couples have married after meeting on an AI-powered dating app launched by the Tokyo government in 2024 to lift Japan's low birth rate, according to official data.

More than skin deep: Dutch abuse victims erase forced tattoos

Dutchwoman Joke winces as lasers crackle over her skin, removing one of the 250 tattoos her abusive partner scrawled all over her body and face, anywhere he believed another man had touched her.

AI cameras spot suicide attempts in South Korea's capital

When AI-powered cameras on bridges over Seoul's Han River raise the alarm that someone may be about to jump, acting quickly is vital.

US singer D4vd to stand trial in killing of teenage girl

American singer D4vd will stand trial on charges of killing and dismembering a 14-year-old girl who prosecutors say threatened to reveal their illegal sexual relationship, a judge ordered Monday.

IMF boss hails 'much sounder' Argentine economy under Milei

International Monetary Fund director Kristalina Georgieva on Monday hailed Argentina's improved economic standing since ultraliberal President Javier Milei took power in 2023.

Spain wildfire burns campsite to ash, leaving tears and despair

Magaly Vargas sobbed as she stared down at the square of grey ash where her caravan once stood.

Renault to face criminal trial in France over dieselgate

Renault will face a criminal trial in France on aggravated fraud charges over accusations that devices in its diesel cars were designed to cheat clean air laws, the public prosecutor's office told AFP.

Dubai Telegraph - Economy (English)

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