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China's Shanghai Composite Index opened down 43.2 points, or 1.09%, at 3912.38 on Thursday, July 16. The Shenzhen Component Index opened down 281.97 points, or 1.91%, at 14497.43. The CSI 300 Index opened down 75.25 points, or 1.57%, at 4711.53. The

2026-07-16

China's Shanghai Composite Index opened down 43.2 points, or 1.09%, at 3912.38 on Thursday, July 16. The Shenzhen Component Index opened down 281.97 points, or 1.91%, at 14497.43. The CSI 300 Index opened down 75.25 points, or 1.57%, at 4711.53. The ChiNext Index opened down 94.2 points, or 2.48%, at 3710.51. The STAR Market 50 Index opened down 54.33 points, or 2.82%, at 1869.94.

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2026-07-16

U.S. government officials said on the 14th Iraq and Syria plan to restore a long‑abandoned oil pipeline to move crude from northern Iraqi fields to a Syrian Mediterranean port, creating an export route that would bypass the Strait of Hormuz. The pipe

U.S. government officials said on the 14th Iraq and Syria plan to restore a long‑abandoned oil pipeline to move crude from northern Iraqi fields to a Syrian Mediterranean port, creating an export route that would bypass the Strait of Hormuz. The pipeline, built in 1952 from Kirkuk to Banyas, is about 800 km long and has a nominal capacity of roughly 300,000 bpd. It was severely damaged during the Iran–Iraq War and the Iraq War and has been out of use; pumps and power systems need extensive repair, with restoration likely to take two to three years. U.S. ambassador to Turkey and special envoy for Syria and Iraq Barak has held talks with Iraqi, Syrian and U.S. company representatives about reviving the link.
2026-07-16

Financial Times: Uber (UBER.N) is nearing a €12.5 bln acquisition of food-delivery platform Delivery Hero, with an announcement possible as early as Thursday.

Financial Times: Uber (UBER.N) is nearing a €12.5 bln acquisition of food-delivery platform Delivery Hero, with an announcement possible as early as Thursday.
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