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7 min agoDelivery Hero's board has endorsed Uber's takeover proposal, valued at approximately $15 billion. If approved, the combined company would rank among the world's largest food delivery platforms.7 min agoTelefónica completed the sale of its landmark Gran Vía headquarters to real estate entrepreneur Tomás Olivo on September 1 for approximately 200 million euros. The building, which has housed the company's operations for nearly a century, now contains Spain's largest Movistar store alongside a cinema, television studio, recording facilities and the Fundación Telefónica.7 min agoThree Guardia Civil officers were injured when their patrol boat was rammed by a drug smuggling vessel off Cabo Cope near Águilas on Wednesday. The two occupants of the boat, which carried 20 containers of gasoline and was equipped with two motors, were detained after attempting to evade capture.22 min agoLando Norris has co-founded LN4 Fusion, a junior single-seater racing team that will compete in multiple championships starting in 2027, including Formula 3 and Formula 2. Norris is the first F1 world champion to directly back a junior team in the modern single-seater era and has also established the LN4 Legacy programme to support young drivers with financial assistance, coaching and career guidance.22 min agoA federal judge ordered Google to reform its advertising technology practices but stopped short of dismantling the division. The ruling represents the third consecutive defeat for American antitrust authorities seeking to break up a major technology company.22 min agoEmmanuel and Brigitte Macron visited the Bayeux tapestry exhibition at the British Museum on Wednesday with King Charles III and Queen Camilla. British Prime Minister Andy Burnham also attended the exhibition, with Macron and Charles III holding a bilateral meeting at Downing Street the following day.37 min agoPresident Volodymyr Zelenskiy announced Wednesday that the two nations are moving toward a drone agreement. The disclosure followed discussions with German Chancellor Friedrich Merz.37 min agoA man has turned himself in to authorities following a shooting at a weekend rave in Aarau, in northern Switzerland, that left one dead and six wounded. He confessed to carrying out the attack, police said Wednesday.37 min agoUS President Donald Trump said Wednesday that the renewed American campaign against Iran would not continue for an extended period and that the US is prepared to strike again at any time. Trump claimed Washington maintains strong control of the Strait of Hormuz, where the US operates vessels daily moving millions of barrels of oil, and threatened escalation if Iran responds to recent American strikes.52 min agoJurors in the Lindsay Clancy murder trial signaled deadlock to the judge on Tuesday and returned for a fifth day of deliberations on Wednesday. A person was arrested at court and charged with intimidation after attempting to photograph the defendant.7 min agoDelivery Hero's board has endorsed Uber's takeover proposal, valued at approximately $15 billion. If approved, the combined company would rank among the world's largest food delivery platforms.7 min agoTelefónica completed the sale of its landmark Gran Vía headquarters to real estate entrepreneur Tomás Olivo on September 1 for approximately 200 million euros. The building, which has housed the company's operations for nearly a century, now contains Spain's largest Movistar store alongside a cinema, television studio, recording facilities and the Fundación Telefónica.7 min agoThree Guardia Civil officers were injured when their patrol boat was rammed by a drug smuggling vessel off Cabo Cope near Águilas on Wednesday. The two occupants of the boat, which carried 20 containers of gasoline and was equipped with two motors, were detained after attempting to evade capture.22 min agoLando Norris has co-founded LN4 Fusion, a junior single-seater racing team that will compete in multiple championships starting in 2027, including Formula 3 and Formula 2. Norris is the first F1 world champion to directly back a junior team in the modern single-seater era and has also established the LN4 Legacy programme to support young drivers with financial assistance, coaching and career guidance.22 min agoA federal judge ordered Google to reform its advertising technology practices but stopped short of dismantling the division. The ruling represents the third consecutive defeat for American antitrust authorities seeking to break up a major technology company.22 min agoEmmanuel and Brigitte Macron visited the Bayeux tapestry exhibition at the British Museum on Wednesday with King Charles III and Queen Camilla. British Prime Minister Andy Burnham also attended the exhibition, with Macron and Charles III holding a bilateral meeting at Downing Street the following day.37 min agoPresident Volodymyr Zelenskiy announced Wednesday that the two nations are moving toward a drone agreement. The disclosure followed discussions with German Chancellor Friedrich Merz.37 min agoA man has turned himself in to authorities following a shooting at a weekend rave in Aarau, in northern Switzerland, that left one dead and six wounded. He confessed to carrying out the attack, police said Wednesday.37 min agoUS President Donald Trump said Wednesday that the renewed American campaign against Iran would not continue for an extended period and that the US is prepared to strike again at any time. Trump claimed Washington maintains strong control of the Strait of Hormuz, where the US operates vessels daily moving millions of barrels of oil, and threatened escalation if Iran responds to recent American strikes.52 min agoJurors in the Lindsay Clancy murder trial signaled deadlock to the judge on Tuesday and returned for a fifth day of deliberations on Wednesday. A person was arrested at court and charged with intimidation after attempting to photograph the defendant.

Central Bank

3 stories · Economy desk

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Stories: 3
Desk: Economy
First filed: Sep 1, 2026
Last filed: 1 d ago

Iran's central bank chief says country has sufficient foreign currency reserves

Central Bank Governor Abdolnaser Hemmati declared that Iran possesses adequate foreign currency reserves despite US sanctions. The central bank stands prepared to deploy as much as $2 billion in the foreign exchange mark

1 d agoArchive photoHamed Malekpour·Wikimedia Commons·CC BY 4.0

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Iran's central bank chief says reserves are adequate despite U.S. pressure

Abdolnaser Hemmati, governor of Iran's Central Bank, asserted on Tuesday that his country maintains sufficient foreign currency reserves. He indicated

1 d agoArchive photoSsu·Wikimedia Commons·CC BY-SA 4.0

Bessent signals strong chance of BOJ rate hike in September to strengthen yen

US Treasury Secretary Scott Bessent said Japan's government and central bank are likely to act toward a stronger yen, with a Bank of Japan interest ra

1 d agoArchive photoUnited States Department of the Treasury·Wikimedia Commons·Public domain

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PersonAbdolnaser Hemmati2 stories OrganisationCentral Bank of Iran2 stories PersonUS Treasury Department3 stories ThemeCurrency3 stories PersonScott Bessent16 stories PersonKazuo Ueda4 stories ThemeYen5 stories ThemeMonetary Policy6 stories MarketInterest Rates6 stories OrganisationBank of Japan6 stories ThemeSanctions27 stories PersonMasoud Pezeshkian8 stories