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The World in Brief from The Economist
SpaceX revenues surge; Qatar says Hormuz talks are progressing, and more
Ep. 20260805
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In its first earnings report since going public in June SpaceX reported quarterly revenues of $7.8bn, up 92% year on year and ahead of analysts’ expectations.
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Iran's plan for Hormuz; EasyJet accepts Apollo takeover bid, and more
11:19|Iran’s parliament is reviewing a draft plan to reopen the Strait of Hormuz, according to Fars, an Iranian news site; EasyJet accepted a £5.7bn ($7.7bn) takeover offer from Apollo, an American investment firmIran and Oman agreed on a proposed Hormuz route; progressives win in Michigan, and more
11:00|Iran and Oman agreed to a proposed new shipping route through the Strait of Hormuz. Also, Abdul El-Sayed narrowly beat Haley Stevens in America’s Democratic Senate primary in Michigan.20260806. Iran and Oman agree on proposed Hormuz route; progressives win in Michigan, and more
04:00||Ep. 20260806Iran and Oman agreed to a proposed new shipping route through the Strait of Hormuz, according to Iranian state media.Iran and Oman agree proposed Hormuz route; progressives win in Michigan, and more
11:07|Iran and Oman agreed to a proposed new shipping route through the Strait of Hormuz, according to Iranian state media; Abdul El-Sayed narrowly beat Haley Stevens in America’s Democratic Senate primary in MichiganSpaceX unnerves investors; Qatar says Hormuz talks are progressing, and more
11:09|SpaceX reported better-than-expected revenue of $7.8bn in the second quarter, in its first earnings report since its IPO in June. Also, oil prices fell to a three-week low as traders hoped for an imminent deal to reopen the Strait of Hormuz.Qatar says Hormuz talks are progressing; Europe responds to border chaos, and more
10:50|Oil prices fell after Qatar said a draft agreement between America and Iran to reopen the Strait of Hormuz had been “circulated” and that negotiations were in “very progressive stages”; The European Union’s interior ministers held emergency talks about border securityVon der Leyen calls for “united action” on EU migration; Palantir raises revenue forecast, and more
10:38|EU interior ministers will hold emergency talks on Tuesday about border security. Also, Palantir raised its annual revenue forecast to around $8.15bn after reporting “staggering” second-quarter growth.20260804. Trump insists Iran talks have resumed; Palantir raises revenue forecast, and more
04:10||Ep. 20260804Donald Trump called Iran “unbelievably duplicitous” for denying that it is negotiating with America.