Breakfast News Recap: Ukraine ports hit, Middle East tensions rise and markets rally on risk-on mood
Russia has intensified missile and drone attacks on Ukraine's Black Sea ports, with Odesa among the main targets, damaging port infrastructure and adding pressure on export routes that are already under strain. NATO says it is working urgently to supply Ukraine with air defences after Kyiv failed to intercept any of the Russian ballistic missiles fired in Wednesday's overnight strike. 🔗 🔗In the Middle East, Israel said two reserve soldiers were killed in combat in southern Lebanon as fighting with Hezbollah continued near the border. The Israeli military also said it would keep operating proactively in Gaza, even as Prime... [Continue Reading]
360LiveNews Recap | 06 Aug 2026 08:39 LONDON
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Australian silicon maker to exit US market after new tariffs
Australia's only silicon manufacturer, Simcoa, says it will pull its business out of the United States on 14 August after a new tariff decision made sales there uneconomic. The company says the additional levy on its silicon exports has left it with no viable way to continue in the market. Simcoa has said it will instead look for alternative buyers in South-East Asia and India.The company's vice-president, David Miles, said the business had no choice but to leave the US market for good. He said Simcoa had a limited amount of stock already in warehouses in the United States, most... [Continue Reading]
360LiveNews | 06 Aug 2026 06:35 LONDON
