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31.07.26 - 16:42
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Wheat Prices March Higher As Intensifying Black Sea Fighting Fuels Food Security Fears (ZeroHedge)
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Wheat Prices March Higher As Intensifying Black Sea Fighting Fuels Food Security Fears
Wheat futures are climbing after Ukraine's Black Sea ports came under renewed Russian fire, with three dry-cargo ships struck in recent days.
The attacks threaten grain exports from one of the world's most important agricultural regions, heightening concerns among UN officials that supply disruptions could reignite global food inflation.
Bloomberg reports:
A ship was damaged at Pivdennyi port and two more were hit near Odesa, according to a Defense Ministry post on Telegram. Earlier Thursday, Ukraine attacked the Russian Black Sea port of Taman, a key gateway for grain shipments, while Russia hit vessels in and around Ukraine's Black Sea ports.
Black Sea Turmoil
The UN has warned that Russia's attacks on Black Sea ports are increasing risks to global food security.
UN Under-Secretary-General for Political Affairs Kayoko Goto told the UN Security Council that a new wave of Russian strikes on Black Sea p...
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31.07.26 - 16:42
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Burnham Blows Up Britain′s Tech Ministry, Mails The Bureaucrats To The Culture Department, And Keeps AI For Himself (ZeroHedge)
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Burnham Blows Up Britain's Tech Ministry, Mails The Bureaucrats To The Culture Department, And Keeps AI For Himself
While Westminster was still digesting the BritCard cancellation, Andy Burnham also abolished the department that was supposed to build it.
Jeff J Mitchell / Getty Images
The Department for Science, Innovation and Technology is gone, its functions split three ways across Whitehall, and AI policy has landed in the prime minister's own office. Ten days on, the civil servants who build and run the government's digital services are still working out which building they report to.
The demolition came in Burnham's day-one "rewire government" announcement on July 20, per City AM's reporting. Science policy, UK Research and Innovation and the Sovereign AI Fund go to Jonathan Reynolds' new Department for Business, Innovation, Science and Trade. The Government Digital Service (GDS), cyber security, digital skills and telecoms go back to a renamed culture ministry that once again has "...
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31.07.26 - 12:30
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Video AI: MiniMax challenges ByteDance with low price, open weights for new H3 model (SCMP)
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Chinese AI firm MiniMax has launched H3, its newest multimodal video generation model, pledging to break closed-source “dominance” through open weights and competitive pricing – as rival ByteDance rolls out its latest Seedance 2.5 model.
H3 was currently the world's most powerful AI model in video editing, according to benchmark platform Artificial Analysis. However, it trailed Google's Gemini Omni Flash in text-to-video tasks, and ranked behind both ByteDance's Seedance 2.0 and Gemini Omni......
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31.07.26 - 12:30
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HKD1.7B Southbound Trading Net Inflow to XIAOMI-W (AAStocks)
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There was HKD1.7 billion, HKD1.2 billion and HKD794.7 million Southbound Trading net inflow to XIAOMI-W (01810.HK), BABA-W (09988.HK) and TENCENT (00700.HK).There was HKD216.4 million, HKD147.6 million and HKD115.8 million Southbound Trading net outflow from YOFC (06869.HK), SMIC (00981.HK) and HUA HONG GRACE (01347.HK).For Sout......
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31.07.26 - 10:30
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Full-day Takeaway: HSI Closes at 25,884, Up 25 pts; HSTI Closes at 4,829, Up 25 pts; XIAOMI Down over 7%; BABA Up over 4%; HSBC HOLDINGS, BANK OF E ASIA Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 25 pts or 0.1% to 25,884. HSTI rose 25 pts or 0.5% to 4,829. HSCEI fell 32 pts or 0.4% to 8,612. Market turnover reached $328.18 billion.Active Heavyweights:XIAOMI (01810.HK) closed at $28.78, down 7.3%BABA (09988.HK) closed at $117, up 4.7%CCB (00939.HK) closed at $9.21, down 1.6%TENCENT (00700.HK) closed at ......
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31.07.26 - 06:30
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Midday Takeaway: HSI Closes Midday at 25,830, Down 28 pts; HSTI Closes Midday at 4,837, Up 33 pts; XIAOMI Down over 6%; BABA Up over 5%; HSBC HOLDINGS, BANK OF E ASIA Hit New Highs (AAStocks)
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At midday close, HSI dropped 28 pts or 0.1% to 25,830. HSTI rose 33 pts or 0.7% to 4,837. HSCEI fell 35 pts or 0.4% to 8,608.Active Heavyweights:XIAOMI (01810.HK) closed at $28.9, down 6.9%BABA (09988.HK) closed at $118.2, up 5.7%TENCENT (00700.HK) closed at $475.2, up 0.7%MEITUAN (03690.HK) closed at $92.2, down 0.5%HSI & HSCEI......
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