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Wildberries said a warehouse in Russia's Leningrad region caught fire and personnel were evacuated.

2026-08-04

Wildberries said a warehouse in Russia's Leningrad region caught fire and personnel were evacuated.

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2026-08-03

Kuwait’s July crude production jumped about 20% MoM to 1.97 mln bpd, roughly 300k bpd higher than June, the highest average level since the outbreak of the Iran conflict, said officials. Production is several times above April lows but remains about

Kuwait’s July crude production jumped about 20% MoM to 1.97 mln bpd, roughly 300k bpd higher than June, the highest average level since the outbreak of the Iran conflict, said officials. Production is several times above April lows but remains about 20% below pre-conflict levels. Gulf producers have made limited progress restoring flows via the Strait of Hormuz; shipping risks have resurfaced after the US‑Iran ceasefire collapsed, though negotiations to resume tanker transits continue. Summer air‑conditioning demand is boosting domestic oil use across the region. After a June US‑Iran ceasefire Kuwait Oil Co’s CEO said force majeure notices would be lifted and output was expected to recover to 2.0 mln bpd; officials said production briefly hit that level before easing back to about 1.9 mln bpd.
2026-08-03

The Bank of Japan said on Monday global AI-related demand could place sustained upward pressure on Japanese inflation, a development that could reinforce the case for its recent policy tightening. It noted that while AI adoption should raise producti

The Bank of Japan said on Monday global AI-related demand could place sustained upward pressure on Japanese inflation, a development that could reinforce the case for its recent policy tightening. It noted that while AI adoption should raise productivity over the medium to long term and exert downward pressure on prices as firms and workers adjust, in the short term AI-driven investment could lift demand and push prices higher, potentially outweighing productivity gains. The BOJ flagged rising global producer prices partly driven by Middle East-related oil moves and partly by a positive global demand shock for AI-related goods, and said those spillovers, combined with import-cost increases from yen depreciation, could keep domestic inflation elevated for some time.
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