Microsoft (MSFT.O) reported Intelligent Cloud revenue of $39.3 billion in the fiscal fourth quarter, up 32% YoY.

Saudi Arabia's defense ministry said the airstrike was in response to drone attacks on Saudi oil facilities, adding Riyadh does not seek escalation but will respond to any "aggression".

China’s national carbon emissions trading market, launched in July 2021, has recorded cumulative turnover of over 62.9 bln yuan as of July 28. It currently covers four high-emission sectors — power, steel, cement and aluminium smelting — accounting for more than 65% of China’s CO2 emissions. The market is expected by 2027 to extend to major industrial emitters including chemicals, petrochemicals, civil aviation and paper, expanding coverage to roughly 80% of national greenhouse gas emissions.