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• Senator Bill Cassidy announced his support for Todd Blanche to become the U.S. Attorney General, following the defection of other senators. • Cassidy's endorsement comes as he prepares to leave Congress after losing his Louisiana primary to a candidate backed by Donald Trump. • In a separate development, Republican Senate nominee Mike Rogers of Michigan released a video appealing to Democratic voters.

• On August 7, 2026, the Indian stock market ended its two-day recovery as the Sensex fell 456 points and the Nifty 50 slipped. • The decline was primarily driven by weakness in banking and financial stocks, alongside concerns over elevated crude oil prices and regulatory issues for NBFCs. • Broader investor sentiment was weighed down by ongoing geopolitical tensions in the Middle East, mirroring a mixed performance across Asian markets.

• Indian stock markets saw a decline, with the Sensex falling over 500 points and the Nifty dropping below the 24,600 mark. • Sectoral performance was mixed; while Nifty IT rose 0.76% and Auto, Defence, and FMCG gained, the Energy sector fell 0.70% and Bajaj twins shares dropped up to 4%. • Global markets mirrored this volatility, with Japan's Nikkei 225 falling 0.76% and Australia's ASX 200 declining 0.31%.

• The Sensex and Nifty remained steady at midday, supported by positive sentiment surrounding ongoing diplomatic talks between Iran and Oman. • Market stability was further bolstered by the Reserve Bank of India's (RBI) decision to pause interest rates, despite mixed sectoral trends. • Global performance was varied, with Japan's Nikkei 225 and Hong Kong's Hang Seng dropping 1.70% and 1.87% respectively, while Pakistan's KSE 100 rose 1.66%.

• On August 7, 2026, the Indian stock market saw a decline, with the Sensex dropping 400 points and the Nifty slipping to 24,560. • Individual stock performance was mixed, highlighted by a 13% surge in Siemens Energy and a 5.5% plunge for Bajaj Finance. • Regional economic updates include South Korea's increased confidence in hitting 3% GDP growth and Indonesia's plan to seize control of a China-backed high-speed rail project.

Disruption after power failure at regional signalling centre likely to continue until noon with many crews and trains in wrong locationsBusiness live – latest updatesRail passengers are facing a second day of travel disruption across parts of north-west England, after a power failure hit the signalling centre controlling the railway in the region.The power failure, which occurred shortly before 2pm on Thursday, triggered widespread cancellations and delays to services including CrossCountry and London Northwestern Railway. Continue reading...

• Manchester United scouts have reportedly identified Spanish left-back Salinas as a potential target after being impressed by his performances. • The player gained attention during the Under-19 European Championships, where he was a regular starter for the winning Spanish squad. • This move highlights United's ongoing efforts to strengthen their defensive depth with young, international talent during the summer window.