Market News Today — AI-Curated Stock & Crypto Headlines

The article provides an overview of the Horizons Middle East & Africa program, highlighting its focus on global markets and analysis in the MEA region.

Global government bond yields across major economies reached multi-decade highs this week, with Japan’s 10-year yield crossing 3% for the first time since 1996 and US Treasuries and European debt also hitting historic levels.

Uber Technologies Inc.

Uber Technologies announced a global workforce reduction of 3,300 roles (10% of staff) as part of a restructuring to streamline management layers and redirect spending toward core businesses including ride-sharing, delivery, and robotaxis.

Uber announced plans to reduce its global workforce by 10%, affecting approximately 3,300 jobs, citing increased competition in the food delivery sector and the intensifying robotaxi race.

Uber announced a 10% workforce reduction (3,300 employees) to streamline management layers and reallocate resources toward ride-sharing, delivery, and robotaxi divisions.

CME Group reported 29.7 million contracts traded in August, the second-highest volume on record, indicating heightened institutional activity in derivatives markets.

S&P 500 futures declined by approximately 0.5% due to rising government bond yields across major markets, driven by inflation concerns that lift expected interest rates.

The yen appreciated following remarks by Bank of Japan (BOJ) Board Member Hajime Takata, a hawkish policymaker, who suggested the possibility of an outsized interest-rate hike and consecutive rate increases.

EHang reported a 203% quarter-over-quarter revenue surge in Q2 2026, driven by accelerated global deliveries of its eVTOL (electric vertical takeoff and landing) aircraft.

Global bond yields have risen to 2008 levels amid a sustained sell-off, increasing borrowing costs for households, businesses, and governments.

The U.S.