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The Daily Edition

Monday, 31 August 2026

400 stories across 8 sections

The Takeaway

Federal Reserve Chair Kevin Warsh's comments sparked a decline in Asian stocks, with the MSCI Asia Pacific equities gauge falling by 0.8%. The dollar maintained its gains, reaching near a two-week high, while the Japanese yen slipped beneath the 160-dollar mark. Meanwhile, Shein CEO Sky Xu's wealth dropped by over $15 billion after the company's valuation was reduced to a quarter of its original value ahead of its IPO in Hong Kong.

In other news, Australian casino operator Star Entertainment reported a smaller annual loss, attributing the improvement to cost reductions and stable trading at its Sydney venue. NuScale Power, a company developing small-scale modular nuclear reactors, reported just $75,000 in quarterly revenue and announced a $750 million share sale.

On the tech front, SK Hynix is considering a partnership to supply memory chips for the AI boom, while Apple's new CEO will need to navigate the company through the era of artificial intelligence.

Written by urgent.news from the day's reporting.

AI

AI

Anthropic signs $35 billion cloud deal with Nvidia-backed Lambda, WSJ reports

Anthropic, an artificial intelligence developer, has reached a $35 billion cloud-computing agreement with Lambda, a cloud provider backed by Nvidia, according to a report in the Wall Street Journal. The source for this information includes individuals familiar with the deal.

Hut 8, a bitcoin miner and data-center developer, is constructing the data center in Nueces County, Texas, as reported by the WSJ. Nvidia and Hut 8 signed a deal several weeks ago to secure the necessary capacity, according to the report.

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Tech

Tech

iPhone Ultra vs. Galaxy Z Fold 8 Ultra — here's the flagship foldable I'd recommend

I break down an iPhone Ultra vs. Galaxy Z Fold Ultra comparison to find out which foldable phone could earn my money as the better foldable device.

The foldable smartphone market is witnessing intense competition, with both Apple and Samsung gearing up for impressive releases. At its upcoming "surprise and shine" event, Apple is expected to introduce the iPhone Ultra, setting the stage for a rivalry against Samsung's Galaxy Z Fold 8 Ultra. To help discerning consumers make an informed decision, this article compares the two flagship foldables based on form factor, display, camera, and power attributes.

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Here’s the likely reason the iPhone Ultra isn’t getting an Apple Pencil

A report yesterday suggested that Apple considered making a special version of the Apple Pencil for the upcoming iPhone Ultra before deciding against it . Bloomberg suggests that there are three reasons behind this decision, one of them being a desire not to conflict with the position adopted by Steve Jobs when launching the original…

Business

Business

John Ternus to lead Apple into the age of AI

SAN FRANCISCO, (United States):

John Ternus steps into the role of Apple's chief executive on Tuesday, inheriting a company that dominates the smartphone market but lags behind in artificial intelligence. Balancing China's influence and political pressure from the White House will be key challenges for Ternus, who replaces Tim Cook after 15 years at the helm. Ternus, 51, joined Apple's design team in 2001 and rose to become senior vice president of hardware engineering, overseeing the engineering teams behind Apple's product lineup.

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Hyundai Motor Union Votes on Wage Deal

The Hyundai Motor union has begun a vote among its members to put an end to this year’s wage negotiations.The Hyundai Motor Branch of the Korean Metal Workers’ Union started voting at 6 a.m. on Aug. 31 for about 39 thousand on members at workplaces nationwide, including the Ulsan, Jeonju, and Asan p

Finance & Markets

Finance & Markets

Kalshi bans ex-congressman George Santos for life after suspicious trades

George Santos faces a lifetime ban from Kalshi after failing to cooperate with the prediction market's investigation into his alleged unlawful trades.

Kalshi, a prediction market platform, has indefinitely barred former U.S. Congressman George Santos from its services. Santos, who represented New York's 3rd District in Congress until his expulsion in 2023, allegedly engaged in unlawful trades related to his attendance at the 2026 State of the Union address. The company's investigation into these trades revealed that Santos profited nearly $18,000.

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World

World

At least 15 people may be missing after flash flood in Arizona’s Grand Canyon

Dozens evacuated after flash-flood event near Bright Angel Canyon and Phantom Ranch, officials say At least 15 people may be missing or unaccounted for after a major flash flood swept through the Grand Canyon national park in Arizona on Saturday afternoon, according to the National Park Service. The flash-flood event occurred in the area of Bright Angel Canyon and the Phantom Ranch, where park…

Dozens of individuals were evacuated following a flash-flood event near Bright Angel Canyon and Phantom Ranch in Arizona's Grand Canyon National Park on Saturday afternoon, according to the National Park Service. The flash-flood occurred in the vicinity of Bright Angel Canyon and Phantom Ranch, leading to the evacuation of over 60 people by Sunday morning, reported the National Park Service.

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Trump vows response to latest Iran attacks on US bases

President Donald Trump on Monday said the US would respond forcefully to an overnight Iranian attack on American bases in Jordan and the UAE . “We’re going to hit them hard,” he told Fox News. “There will be a response.” Mr Trump said US air defences intercepted all but one of the Iranian missiles.

Science

Science

Dark energy, exoplanets and black holes: What Nasa’s new Roman telescope will explore

NASA has launched its Nancy Grace Roman Space Telescope on an expedition to explore dark matter, dark energy, black holes, and search for exoplanets beyond our solar system. The spacecraft, which took off from Kennedy Space Center in Florida, is scheduled to reach its final orbit around the second Sun-Earth Lagrange point, about a million miles from Earth, in three months.

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Media briefing: BepiColombo's next milestone towards Mercury

Video: 01:09:40 Rewatch the European Space Agency's 31 August 2026 online press briefing on the latest developments of the ESA/JAXA BepiColombo mission, Europe's and Japan's first mission to Mercury. This briefing focused on the complexities of the separation of the Mercury Transfer Module ( MTM ), scheduled for 3 September 2026, a…

Health & Medicine

Health & Medicine

Trump administration to announce drug pricing deals

On Monday, U.S. President Donald Trump is anticipated to unveil additional drug-pricing deals aimed at making healthcare more affordable for Americans, according to a White House official. The event will be held at 3 p.m. ET (1900 GMT) on Monday, as reported by The Financial Times, citing unnamed sources familiar with the matter. The deals will include Bayer, Takeda, CSL, and several smaller biotech companies, as previously announced by Reuters.

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DR Congo Ebola epidemic passes 6,000 cases

The Democratic Republic of Congo has recorded more than 6,000 confirmed cases and nearly 3,000 deaths from the country's worst Ebola epidemic ever, according to the Congolese authorities' latest toll on Monday.

Over 6,000 infected with Ebola in Congo

DAKAR — The number of confirmed Ebola cases in the Democratic Republic of Congo has passed the 6,000 mark, government data showed on Monday. The epidemic has become the largest in the central African country's history, surpassing the previous worst outbreak that lasted from 2018 to 2020.

Culture

Culture

Messi retires from international football

Argentina great Lionel Messi announces his retirement from international football, saying it was a decision that "hurt" but he understands "the time has come".

Lionel Messi, the renowned Argentinian footballer, has declared his retirement from international football, citing the emotional toll of recent events. The 39-year-old, who led Argentina to victory in the 2022 World Cup, boasts an impressive record of 125 goals in 207 appearances, making him the nation's top scorer and most-capped player.

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2026 US Open: Djokovic suffers shock first-round exit

Novak Djokovic’s latest attempt to win a record-breaking 25th Grand Slam came to a shocking end after he lost in five sets to Argentine Mariano Navone at the US Open. The 39-year-old went down 7-6 (7-5), 5-7, 4-6, 6-2, 6-1 to the world No. 49.

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