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Apple (AAPL.O) fell 1.3% premarket after JEFFERIES downgraded the stock to Underperform from Hold and cut its price target to $263.66 from $285.56.

2026-08-10

Apple (AAPL.O) fell 1.3% premarket after JEFFERIES downgraded the stock to Underperform from Hold and cut its price target to $263.66 from $285.56.

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2026-08-10

Georgetown University professor Mehran Kamrava says US–Iran negotiations are progressing very slowly. Tehran is trying to exert economic pressure on regional neighbors—Qatar, the UAE, Saudi Arabia and Kuwait—to push Washington to negotiate, while the

Georgetown University professor Mehran Kamrava says US–Iran negotiations are progressing very slowly. Tehran is trying to exert economic pressure on regional neighbors—Qatar, the UAE, Saudi Arabia and Kuwait—to push Washington to negotiate, while the US is simultaneously tightening economic pressure on Iran. Both sides are unwilling to initiate talks. Kamrava is skeptical that US economic pressure will succeed: although Iran faces severe economic strain, its repressive political system prioritizes regime survival over middle‑class hardship, and decades of US pressure have neither toppled the government nor materially changed Tehran’s behavior, so the strategy’s effectiveness is uncertain.
2026-08-10

The People's Bank of China (PBOC) announced that, in accordance with the Memorandum of Understanding between the PBOC and the Bundesbank, it has decided to authorize Deutsche Bank AG to serve as the RMB clearing bank in Frankfurt.

The People's Bank of China (PBOC) announced that, in accordance with the Memorandum of Understanding between the PBOC and the Bundesbank, it has decided to authorize Deutsche Bank AG to serve as the RMB clearing bank in Frankfurt.
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