Paramount Skydance mulls CNN sale amid antitrust merger challenge
Paramount’s legal officer hints at CNN sale as 12 states, led by California, file lawsuit to block merger with WBD.
![US President Donald Trump speaks during an event to sign an executive order regarding vaccine flexibility, in the Oval Office at the White House in Washington, DC, US on Aug. 10, 2026. [Kylie Cooper]](/wp-content/uploads/2026/08/image-1786395261.jpg?resize=770%2C513&quality=80)
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Oil prices, stocks surge as Hormuz closure drags on
US petrol prices dropped nine cents last week but could again surge if the strait closure continues, analysts warn.
Jeff Bezos consortium nears deal to buy stake in Liverpool FC: Reports
Investment reportedly values the club at about $5.9bn, making it one of the largest ever football club valuations.
EXPLAINER
What’s behind Trump’s shift to economic pressure on Iran? Will it work?
Months into the war, Trump is returning to squeezing Iran’s economy rather than military offensive for now.
From: NewsFeed
Clashes in Iraq’s Kut city during protests over power shortages
Protests over power shortages escalated in Kut, Iraq, as demonstrators demanded more electricity amid soaring heat.
Published On 10 Aug 2026
Serbia and Ukraine pledge closer economic ties, eye free trade deal
Serbia says it will help rebuild Ukrainian cities and provide aid as the two countries deepen cooperation.
Donald Trump renews effort to fire Federal Reserve governor Lisa Cook
US president has clashed with Federal Reserve members over his bid to rapidly slash interest rates despite inflation.
From: NewsFeed
War on Iran: Saudi Arabia, Turkiye and Pakistan sign defence pact
Saudi Arabia, Turkiye and Pakistan have signed a trilateral defence pact in Mecca aimed at deterring aggression.
Published On 7 Aug 2026
US labour market sheds jobs in July as labour force participation slumps
US labour market loses 23,000 jobs in July as education, government and retail sectors record significant declines.
Iran’s grip on trade is a potent weapon, but it has an expiry date
Iran can exploit dependence on Hormuz today, but prolonged disruption will erode that leverage
US ends cap on local TV station owners amid concerns of media consolidation
Critics say the 39 percent cap was a safeguard against excessive concentration of media ownership in the US.
