Adidas brought in 400 million euros ($437 million) from the first release of Yeezy sneakers left over after breaking ties with Ye, the rapper formerly known as Kanye West, as the German sportswear maker tries to offload the unsold shoes and donate part of the proceeds to groups fighting antisemitism and other forms of hate.

The first batch of shoes sold in June helped the company reach an operating profit of 176 million euros in the second quarter, better than it originally planned, Adidas said in a statement Thursday.

Banks from four Arab countries are interested in investing in Lebanon's struggling banking sector, which was hard-hit by the small nation's three-year economic meltdown, a top Arab banker said Thursday.

Lebanon is in the throes of its worst economic crisis in its short and troubled history that has skyrocketed poverty and inflation, and crippled its bloated public sector and infrastructure.

The Central bank is inclined to stop funding the state completely as of Monday, MTV said, after the government and parliament failed to pass a law that would allow the government to borrow foreign currency from the central bank.

First central bank vice-governor Wassim Mansouri, who took over as BDL's acting governor on Tuesday, had urged parliament and the government to cooperate in order to legalize spending during a transitional period before the central bank stops funding the state completely.

Saudi Arabia and Kuwait said Thursday they have sole ownership of a disputed gas field also claimed by Iran, in an escalating feud after Tehran threatened to pursue exploration.

The offshore field, known as Arash in Iran and Dorra in Kuwait and Saudi Arabia, has long been focal point of contention between the three countries.

Lawyers for FTX founder Sam Bankman-Fried said Tuesday that prosecutors are wrong to seek his detention prior to trial because their arguments are built on "innuendo, speculation, and scant facts."

The written submission in Manhattan federal court was a response to the prosecution's claim last week that no bail conditions can stop the onetime cryptocurrency power broker from trying to improperly influence the potential jury pool for his October 2 trial.

Wall Street was poised to open lower Wednesday after the United States government's credit rating was cut for just the second time in history.

Futures for the Dow Jones industrials slipped 0.3% before the bell and futures for the S&P 500 tumbled 0.5%.

Drivers are in for another headache at the pump as U.S. gas prices continue to rise.

The national average for gas prices stood at about $3.78 a gallon on Tuesday — about 25 cents higher than that seen one month ago, according to motor club AAA. While today's prices at the pump remain far lower than they were last year, when energy costs soared worldwide in the months following Russia's invasion of Ukraine, experts say such a jump is unusual.

Ahmed Salah grew anxious when he heard the news that Russia had suspended a crucial wartime grain deal. The bakery owner in Egypt's capital is concerned it could mean global food prices soar.

"There mightn't be immediate impact," the 52-year-old said last week as he oversaw workers baking bread in his shop in Cairo, "but if they didn't find a solution soonest, things would be very difficult."

Russian drones on Wednesday hit a Ukrainian port city along the border with NATO member Romania, causing significant damage and a huge fire at facilities that are key to Ukrainian grain exports following the end of a deal with Russia that allowed Ukrainian shipments to world markets.

Since leaving the deal that allowed Ukraine to export through the city of Odesa, Russia has hammered the country's ports with strikes. In the past two weeks, dozens of drones and missile attacks have targeted the port of Odesa and the region's river ports, which are being used as alternative routes.

The glittering towers of the Moscow City business district dominate the skyline of the Russian capital. The sleek glass-and-steel buildings -- designed to attract investment amid an economic boom in the early 2000s – are a dramatic, modern contrast to the rest of the more than 800-year-old city.

Now they are a sign of its vulnerability, following a series of drone attacks that rattled some Muscovites and brought the war in Ukraine home to the seat of Russian power.