Rachel Reeves to call for rapid AI adoption and deeper ties with EU to boost growth – business live

• Geopolitical shocks and global conflicts are severely undermining Africa's climate goals by triggering widespread economic and environmental disruption. • These distant crises drive up inflation and increase the cost of energy, diverting critical funding away from vital climate resilience projects.

• Prime Minister Narendra Modi advocated for diplomacy over conflict in West Asia, emphasizing that terrorism remains a critical global challenge. • Modi urged a shift away from "action-reaction" strategies, calling for a more comprehensive approach to dismantle the global terror ecosystem.

• The Shanghai Cooperation Organisation (SCO) concluded its summit with a strategic goal to position itself as a global powerhouse challenging Western dominance. • Representing nearly half of the world's population, the group aims to foster a multipolar future, though the summit highlighted significant internal disagreements and divergent national interests.

• CIA Director John Ratcliffe traveled to Russia in late August 2026 aboard an Air Force C-17 “Globemaster III” heavy-lift transport plane. • During the visit, Ratcliffe reportedly met with Russian intelligence counterparts, though the specific nature and objectives of the meeting were not immediately disclosed.

• Indian Prime Minister Narendra Modi urged Russian President Vladimir Putin to end the conflict in Ukraine, stating the war should stop "for humanity's sake." • The meeting highlights India's complex diplomatic position, as it remains one of the largest buyers of Russian oil despite ongoing Western sanctions.

• Prime Minister Narendra Modi urged Russian President Vladimir Putin on Monday to transition from an "endless war" to an "end of war." • The appeal was made during a meeting between the two leaders as the conflict between Russia and Ukraine continues without a clear resolution.

• The World Government Summit (WGS) Dialogue hosted a virtual event titled ‘The Future of Global Leadership,’ featuring seven candidates for UN Secretary-General, including former presidents and ambassadors. • Participants debated the future of multilateralism, with candidates urging the UN to rebuild global trust and increase agility when responding to geopolitical tensions.

• UN Secretary-General António Guterres urged world leaders to "stop this madness" and end all global conflicts during an interview with Euronews in Bishkek. • Guterres specifically highlighted the "never-ending" nature of the wars in Ukraine and the Middle East, noting that key actors involved in these conflicts were present with him.

• Prime Minister Narendra Modi emphasized that all global conflicts and wars should be resolved through diplomacy and dialogue rather than on the battlefield. • Speaking at the SCO Summit in Bishkek on September 1, the Prime Minister reiterated India's commitment to peaceful resolutions.

• Prime Minister Narendra Modi met with Russian President Vladimir Putin on Monday during the Shanghai Cooperation Organisation (SCO) Summit in Bishkek, Kyrgyzstan. • The two leaders held extensive discussions focusing on strengthening bilateral ties and addressing critical global developments.

• During a meeting in Kyrgyzstan, Indian Prime Minister Narendra Modi urged Russian President Vladimir Putin to transition from an "endless war" to the "end of war" for the sake of humanity. • The exchange highlights India's diplomatic pressure on Russia to halt its ongoing invasion of Ukraine.

Erin Piacenti, a 32-year-old vice-president at the bank, was killed in Tuesday stabbing in New York City, officials sayA corporate vice-president at Bank of America was killed in a stabbing in New York City’s Times Square, the second-biggest US lending bank ⁠said on Tuesday about a ⁠random incident that took place ​in broad daylight in the bustling heart of Manhattan.The incident had brought the streets of the crowded area to a halt on Monday as emergency vehicles swarmed between the skyscrapers. Continue reading...