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Global Business / The Economic Times

Oman negotiations, reopening of Hormuz are two separate issues: Iranian FM Abbas Araghchi

Iran's foreign minister stated Hormuz Strait talks with Oman are technical. These discussions focus on updating vessel navigation routes for transit. Reopening the Strait depends on Washington fulfilling specific conditions. Iranian officials rejected US President Trump's claims about Hormuz Strait territory. Iran asserts command over the Strait of Hormuz, which remains Iranian.

16 Aug 2026 11:28 am
Quote of the Day by Herta Mller: 'To combat death you don't need much of a life, just one that isn't...'

Nobel laureate Herta Mller offers a perspective on resilience and survival. She suggests that life's continuation needs only a single breath. This idea challenges modern anxieties about achieving complete success. It reminds us that hardship does not negate our ongoing journey. Our current state does not define our final narrative chapter.

16 Aug 2026 11:14 am
Europe's heatwaves expose insurance gap as business losses mount

European businesses face significant losses from extreme heatwaves. Traditional insurance often fails to cover these indirect operational disruptions. Many companies report substantial turnover declines during prolonged hot weather. Parametric insurance offers a potential solution for automatic payouts. Businesses must also adapt operations to withstand increasing heat impacts.

16 Aug 2026 10:41 am
A 2024 study tried to find out if hair swirls turn differently in the Northern and Southern hemispheres; after studying 174 children and twins, researchers found more counterclockwise whorls in the South and a genetic link

Researchers explored hair whorl direction differences between hemispheres. Counterclockwise whorls were more frequent in the Southern Hemisphere population. Twins showed a tendency for same-direction whorl rotation, indicating genetic influence. Environmental factors may also play a role in hair whorl formation. This study offers insights into developmental processes and cell organization.

16 Aug 2026 10:39 am
Lala strengthens into a hurricane and bears down on Hawaii's Big Island with heavy rain, winds

Hurricane Lala formed and is heading towards Hawaii's Big Island. Maximum sustained winds reached 75 mph, making it a Category 1 storm. Forecasters warned of life-threatening mudslides and flooding on the mountainous island. Tropical storm force winds are expected to impact other Hawaiian islands by Sunday. Officials urged residents to take the storm seriously and prepare for its arrival.

16 Aug 2026 10:30 am
Indonesia earthquake: 51 killed, power outages hit 20 petrol stations; thousands evacuate after 7.7-magnitude quake

A magnitude-7.7 earthquake in eastern Indonesia has killed at least 51 people and injured more than 110, prompting the evacuation of around 5,000 residents. Landslides blocked roads, while more than 1,300 homes were damaged.

16 Aug 2026 10:15 am
The buck stops somewhere else: A look at Trump's tendency to avoid blame when things go awry

US President Donald Trump has repeatedly blamed predecessors and others for economic, foreign-policy and domestic problems, drawing scrutiny over his approach to presidential accountability. The issue is gaining attention as Republicans prepare to defend their congressional majorities in the November midterm elections.

16 Aug 2026 10:15 am
Watch how Mackenzie Dern nearly submits Gillian Robertson with face-reddening choke to retain UFC 330 title; check viral video

Mackenzie Dern successfully defended her strawweight championship at UFC 330. She secured a unanimous decision victory against challenger Gillian Robertson on Saturday night. Dern came close to a submission in the first round, but Robertson survived the dangerous hold. The subsequent rounds saw limited striking action and much grappling on the canvas. Dern's daughter offered vocal support from her front-row seat during the bout.

16 Aug 2026 10:01 am
Zinc Rally: What's drivingprices to record highs and what lies ahead?

Zinc prices have escalated to their highest levels in years on international markets, fueled by supply interruptions and dwindling stockpiles. The robust industrial need, particularly for galvanized steel, is sustaining these elevated prices. Currently, the global zinc market is experiencing a minor shortfall, a trend likely to endure. Looking ahead, growth in demand remains positive, supported by ongoing urbanization and significant infrastructure projects.

16 Aug 2026 9:59 am
Struggling to maintain the shine of your cast aluminum furniture? Here are few tips to guide you to retain fresh look and renew its sheen

Cast aluminum furniture offers durability and modern design for various spaces. Regular cleaning prevents dullness and protects the furniture's surface over time. A simple routine involving mild soap and water keeps the furniture looking fresh. Applying wax or polish adds shine and a protective layer against elements. Proper care extends furniture life and enhances home pride and comfort.

16 Aug 2026 9:05 am
Australia gun buyback to start in November, PM Albanese says

New South Wales will begin a gun buyback program in November. This initiative follows a shooting spree that tragically killed fifteen people. Australians are proud of their gun laws, but firearms numbers are increasing. The buyback aims to be the nation's largest since 1996. Individuals returning firearms can receive up to one thousand Australian dollars.

16 Aug 2026 8:01 am
Quote of the Day by Anna Akhmatova: Dostoyevsky knew a lot but not everything. He, for instance, thought that if you kill a human you'll turn into

Quote of the Day by Anna Akhmatova questioned Fyodor Dostoevsky's view on guilt after violence. She observed people committing acts and then attending evening theatre. Her experiences during Stalin's terror revealed a darker human capacity. This suggests violence does not always destroy the perpetrator's psyche. Societies can become accustomed to suffering and continue daily routines.

16 Aug 2026 7:40 am
Vietnam Airlines Boeing 787 returned to Munich after takeoff incident, Flightradar24 says

A Vietnam Airlines flight returned to Munich after circling to burn fuel. The Boeing 787 reportedly overran the runway during its takeoff attempt. Passengers were safely evacuated using emergency slides after the incident occurred. The airline cited a technical issue, which was not further described by them. Munich Airport closed its north runway, potentially disrupting air traffic.

16 Aug 2026 7:35 am
Powerful Sunday Motivation Quote by Franklin D. Roosevelt: Happiness lies in the joy of achievement and the thrill of - Why true happiness comes from effort, not shortcuts

Franklin D. Roosevelt asserted that true happiness arises from our accomplishments and the artistic endeavors we pursue. In a society obsessed with instant rewards, his insights remain crucial. Observing real-life examples reveals that genuine satisfaction stems from personal growth and creativity. Roosevelt guided America through turbulent times, exemplifying resilience and diligence. By valuing effort and imaginative pursuits, individuals can discover deeper joy and fulfillment in their lives.

16 Aug 2026 7:34 am
Trump shares throwback 'unfriendly look' post with Kim Jong Un, says 'we get along great'

US President Trump shared a throwback photo with Kim Jong Un, noting their good relationship. North Korea criticized upcoming US-South Korea military exercises as provocative. These joint drills will focus on adapting to evolving North Korean military capabilities. Pyongyang stated that US-Japan-South Korea cooperation is becoming a nuclear alliance.

16 Aug 2026 7:14 am
Five killed by flooding and storms in midwestern US

Indiana floods: Severe storms and flooding have claimed at least five lives in Indiana this week. Dozens of people were rescued from inundated areas while hundreds evacuated their homes. The destructive weather system brought tornadic activity and a widespread wind storm. Governor Mike Braun requested federal aid from President Donald Trump for recovery. A significant cleanup and recovery operation is now anticipated for the affected region.

16 Aug 2026 7:08 am
'Everyone lives in fear': Yemenis worry about return to all-out war

Yemen's civil conflict has seen renewed hostilities, sparking fears of a return to widespread violence. Houthi rebels attacked Mokha port, reviving displacement fears for many residents. The government retaliated after deadly attacks on military camps and residential areas. Many displaced people in Marib province now face uncertainty about where to flee. The ongoing conflict threatens to destroy lives and futures across the nation.

16 Aug 2026 6:55 am
Police arrests 19-year-old in connection with Virginia State University shooting

Virginia State University shooting: Police arrested a 19-year-old in connection with a campus shooting. Five individuals sustained injuries, with one in critical condition after the incident. The arrested individual is not a student at the university, authorities confirmed. Authorities issued multiple felony warrants for the suspect's arrest. The university assured the community of ongoing safety measures and support.

16 Aug 2026 6:47 am
Colombia earthquake toll nears 300 as rescue hopes fade; president seeks US tariff relief

Colombia earthquake news: Hopes for earthquake survivors are fading as recovery efforts continue in western Colombia. Hundreds of people died and many more remain missing after the powerful quake. Rescue workers are now focused on recovering bodies from collapsed buildings. Thousands of homes were destroyed, leaving many residents displaced and sleeping outdoors. President De La Espriella is leading the nation's relief and reconstruction efforts.

16 Aug 2026 6:41 am
North Korea's Kim proud of strong Russia ties

Seoul: North Korean leader Kim Jong Un told Russian President Vladimir Putin he was proud of their countries' strong ties, state media reported Sunday, after providing military support for Moscow's war against Ukraine.Since Russia launched its full-scale invasion of Ukraine in 2022, North Korea has become a key ally of the Kremlin, sending troops to support Moscow's war effort in return for economic benefits and military technology, analysts say.Also read: What we know about North Korean forces

16 Aug 2026 6:27 am
At least one student among 5 people shot at Virginia State University

Five individuals sustained gunshot wounds during an early Saturday shooting incident at Virginia State University. Campus police and county officers discovered the victims outside university dormitories near the Quad Annexes. One of the wounded was a student who later received hospital release after non-life-threatening injuries. Authorities lifted a campus lockdown after determining there was no immediate threat to the community.

16 Aug 2026 6:16 am
Iran says Qatar holding 3 missing pilots; Doha dismisses claims

Iran war news: Tehran claims Qatar holds three missing pilots, which Qatar denies. The UAE accused Iran of attacking a vessel in the Strait of Hormuz. Israeli airstrikes in southern Lebanon killed eleven people on Saturday. Iran-backed Houthis attacked a Red Sea port in Yemen, killing three. These events reflect escalating regional pressures and potential conflict.

16 Aug 2026 6:08 am
In 1942, Loyalhanna Dam went into operation while Pittsburgh factories produced wartime steel and the army relied on 54,000 pigeons. 84 years later, the dam has prevented more than $658 million in flood damage and its cranes are getting a major overhaul

Two 64-ton cranes at Loyalhanna Dam are receiving a major overhaul after eight decades of service. These aging machines manage massive steel gates for flood control in Westmoreland County. The rehabilitation addresses lead paint, asbestos, and outdated electrical systems on the cranes. Pigeons nesting in the machinery presented an unexpected challenge for the repair crews.

16 Aug 2026 2:37 am
Quote of the day by Rosa Parks: 'You spend your whole lifetime in your occupation, actually making life clever, easy and convenient for...' - inspiring quote by mother of the civil rights movement teaches life lessons on equality, dignity, human rights and standing against discrimination

Quote of the day by Rosa Parks: Rosa Parks highlighted the contradiction of contributing to society while facing unequal treatment. Her words emphasized that true equality involves dignity and respect for all individuals. Parks' refusal to give up her bus seat sparked a significant civil rights movement. This action led to a 381-day bus boycott which challenged segregation laws.

16 Aug 2026 1:20 am
In 2024, managers deliberately cooled the Colorado River to protect the Grand Canyon from invasive smallmouth bass. 2 years later, no bass recruitment had been detected, but the effort cost $19.1 million in replacement power

Managers at Glen Canyon Dam used an unusual strategy to protect native Colorado River fish from invasive smallmouth bass: they deliberately cooled downstream water during periods when the fish could reproduce. The Cool Mix operation combined colder water from lower river outlets with water passing through power-generating penstocks, keeping temperatures near or below 60F. No smallmouth bass recruitment was detected in 2024, while preliminary 2025 monitoring also found none, though sampling was r

16 Aug 2026 12:46 am
Earlier this year, the U.S. Army Corps tested Chicago's invasive-carp barrier at 3 electrical levels. Now, engineers know how the system behaves when voltage rises to 4.6 volts per inch, helping prepare for a future Great Lakes invasion threat

Engineers tested Chicago's electric fish barrier at higher electrical levels this year. This testing aimed to understand potential responses to invasive carp threats. Data was collected in both winter and summer conditions for comprehensive analysis. The study also assessed safety implications of increased electrical currents around the barrier.

16 Aug 2026 12:19 am
Quote of the Day by Shakira: Everyone can know what is in my heart because Inspiring lessons on honesty, authenticity, vulnerability, trust and why you should never be afraid to be yourself by the Colombian singer known for her powerful performances and deep insights on confidence and human connection

Quote of the Day by Shakira: Shakiras quote, Everyone can know what is in my heart because I find it hard to conceal myself, explores the importance of honesty, emotional openness, vulnerability, and authentic self-expression. The quote suggests that being open about our feelings can help others understand who we truly are without hiding behind false appearances or carefully constructed images.

16 Aug 2026 12:18 am
Belgium wildfire burns at least 1,600 hectares

One of Belgium's biggest-ever fires continues to burn, authorities have yet to bring it under control.

15 Aug 2026 11:48 pm
UK PM Andy Burnham calls Jason Arday's death 'a tragedy'

Jason Arday, a distinguished black academic, tragically passed away on Friday after stepping down from his posts at Cambridge University. His resignation followed serious allegations, with his family pointing to a harassment campaign targeting both his professional and private life. Arday described the campaign as racially charged, prompting Prime Minister Andy Burnham to express deep sorrow over the circumstances surrounding his death.

15 Aug 2026 11:38 pm
A Florida homeowner swapped lawn grass for old soaked cardboard, mulch and native plants without digging up the lawn; the result was a low-maintenance front yard ecosystem where pollinators, birds, edible plants and people could coexist

A Florida homeowner transformed a conventional grass-covered front yard without removing the existing lawn. The project used soaked cardboard, organic material and thick mulch to suppress the grass, followed by stone pathways and plants selected for pollinators, birds and household use. The approach, known as sheet mulching, can gradually add organic matter while reducing the need for digging and chemical weed control. Research from the University of Florida also shows that carefully designed la

15 Aug 2026 11:33 pm
7.7 magnitude quake strikes Indonesia, killing at least 47

In a devastating turn of events, a magnitude 7.7 earthquake has rocked Indonesia, resulting in the tragic loss of at least 47 lives. As buildings crumbled and widespread panic ensued, local authorities swiftly issued a tsunami warning, advising coastal residents to seek higher ground. Thankfully, the tsunami warning was lifted soon after, with no major sea-level fluctuations reported, despite smaller tsunamis affecting several coastal villages.

15 Aug 2026 11:22 pm
Greek proverb of the day: I said this to my dog and my dog said it to its tail a lesson on responsibility and passing the buck

A Greek proverb illustrates how instructions move endlessly without action. This saying highlights the common habit of shifting tasks to others. Family and work environments often experience this diffusion of responsibility. Clear ownership of tasks ensures quicker and more efficient completion. Ultimately, taking personal responsibility leads to better outcomes.

15 Aug 2026 11:21 pm
Airport divorce trend explained: Couples separate at airport to avoid travel friction, says travel journalist

A new travel trend called airport divorce is gaining attention among couples. This concept involves partners separating at the airport and enjoying individual time. The idea aims to reduce friction caused by differing travel preferences and styles. This approach allows each person to control their airport experience independently. It offers a buffer to prevent disagreements before the actual trip begins.

15 Aug 2026 11:19 pm
Quote of the day by Alexander Pushkin: People are so like their first mother Eve: what they are given doesn't Russian poet on human desire, temptation and why we want what we cannot have

Alexander Pushkin, a foundational figure in Russian literature, explored human desire. His novel 'Eugene Onegin' highlights the allure of forbidden fruit. Pushkin believed restriction intensifies desire, making the unavailable more appealing. He noted people often value things only after they become inaccessible. This enduring theme reflects on the restless nature of human beings.

15 Aug 2026 11:11 pm
Gulag prisoners built this town during WW2, it grew into a USSR mining centre of over 10,000 people; before the end of the Soviet era brought its decline in 1996

Once a vibrant Soviet town dedicated to coal mining during World War II, Kadykchan was home to a lively community complete with schools and houses. Its downfall was triggered by the Soviet Union's collapse in 1991, further exacerbated by the mine's closure in 1996. Now, it lies deserted, serving as a stark reminder of an economic structure that ultimately crumbled.

15 Aug 2026 11:00 pm
Quote of the day by Friedrich Schiller: If you cannot please everyone with your deeds and your art German philosopher on why pleasing everyone can weaken originality

German poet Friedrich Schiller championed artistic independence and originality. He believed pleasing a few with genuine art held more value. Schiller saw aesthetic experience as vital for human freedom and individual development. His writings explored art's role in refining sensibilities and encouraging thought. Schiller's influential ideas continue to shape discussions on creativity and its purpose.

15 Aug 2026 11:00 pm
Morocco swapped scorching black asphalt for porous sponge pavement; the experimental surface ran up to 16F cooler, offering cities a surprising new way to beat urban heat

Morocco is testing permeable sponge pavement in selected urban areas of Marrakech and Agadir as cities look for ways to manage extreme heat and heavy rainfall. Unlike conventional asphalt, the surface allows water to move into layers beneath the pavement, potentially reducing runoff and supporting evaporative cooling when moisture is available.

15 Aug 2026 10:50 pm
Hezbollah using its own civilians as human shields: Netanyahu on several killed in Israeli airstrike in southern Lebanon

Prime Minister Netanyahu accused Hezbollah of violating a ceasefire after soldiers were injured. Israel's military responded by striking a Hezbollah headquarters in southern Lebanon. Hezbollah, in turn, accused Israel of aggressive escalation and targeting civilians. The Israeli Prime Minister's Office stated civilians were not the intended targets. Both sides exchanged accusations regarding the recent border incidents.

15 Aug 2026 10:43 pm
'Who the f**k do you think you were?': GOP Senators clash with Fauci at fiery 'COVID lies' hearing

'Who the f**k do you think you were?': GOP Senators clash with Fauci at fiery 'COVID lies' hearing

15 Aug 2026 10:42 pm
'They use medicaid money for': Senators stunned witness reveals Medicaid fraud modus operandi

'They use medicaid money for': Senators stunned witness reveals Medicaid fraud modus operandi

15 Aug 2026 10:39 pm
'Empowering leftist, Hamas, LGBTQ': Mast launches brutal UN attack; Waltz promises to root out 'rot'

'Empowering leftist, Hamas, LGBTQ': Mast launches brutal UN attack; Waltz promises to root out 'rot'

15 Aug 2026 10:25 pm
Quote of the day by Xunzi: 'The person attempting to travel two roads at once will...' - motivational quote by Confucian Chinese philosopher teaches life lessons on choices, focus, why you must not chase too many goals at once and why trying to do everything could leave you nowhere

Quote of the day by Xunzi: Ancient Chinese philosopher Xunzi emphasized the difficulty of pursuing multiple goals simultaneously. He believed that attempting to travel two roads at once leads to nowhere. This ancient wisdom highlights the importance of focused effort for achieving progress.

15 Aug 2026 10:12 pm
Quote of the Day by Sean Connery: I havent found anywhere in the world where I want to be Inspiring lessons on travel, adventure, experiences, exploration and why Life is a journey, not a destination by the Scottish Actor known for his powerful performances and deep insights on life and transformation

Quote of the Day by Sean Connery: Sean Connerys quote, I havent found anywhere in the world where I want to be all the time. The best of my life is the moving. I look forward to going, explores the importance of embracing change, travel, and new experiences. The quote suggests that life becomes more meaningful when we remain open to movement, discovery, and the excitement of exploring new places rather than becoming attached to one destination.

15 Aug 2026 10:11 pm
US Economy: Inflation eases but prices remain high, retail sales fall, jobless claims rise

Inflation eased last month, but prices remain elevated for American consumers. Retail spending decreased sharply, surprising economists and signaling a slowdown. Existing home sales declined due to record prices and high mortgage rates. Wholesale inflation also fell, offering some relief for future consumer prices. Jobless claims rose slightly but the labor market remains stable.

15 Aug 2026 10:10 pm
PM Modi, Ram Nath Kovind attend President Murmu's Independence Day 'at home' reception

President Droupadi Murmu hosted the Independence Day reception at Rashtrapati Bhavan. Vice President and Prime Minister Modi were among the distinguished guests present. The event began with patriotic renditions and honored national heroes. India celebrated its Independence Day after gaining freedom from British rule. The day also marked a historic first rendition of Vande Mataram at Red Fort.

15 Aug 2026 9:58 pm