Tensions are rising between City executives and unions over a proposed tax on UK banks to fund winter household support under prospective Prime Minister Andy Burnham.
Toyota Chairman Akio Toyoda has indicated he intends to remain involved in the company's management for another 10 years.
Leaders from Japan and India met in New Delhi to strengthen ties, with Japanese direct investment in India reaching a record ¥1.14 trillion last year. Major firms are expanding operations to tap into India's growing market and manufacturing sector.
Ferrari has unveiled the 12Cilindri Manuale, a limited-edition V12 model featuring a manual gearbox. Priced at €590,000, the 1,499-unit series targets traditionalists following the mixed reception of the brand's first EV.
SpaceX destroyed 260 aging Starlink satellites in early 2026. While it keeps the tech fresh, scientists worry the vaporized metal harms the ozone layer.
EasyJet agreed in principle to a £5.2bn takeover by US firm Castlelake. The deal awaits regulatory approval, including EU ownership rules.
OPEC+ will increase production by 188,000 bpd starting in August. Despite recovery efforts, oil prices remain pressured by glut fears and easing regional tensions.
A Delaware judge ruled that JPMorgan must continue paying the astronomical legal fees of convicted fraudster Charlie Javice, rejecting the bank's claims of abuse.
Lockheed Martin is reportedly the frontrunner to acquire Advent International's Ultra Maritime, a naval defense business, for approximately $3.5 billion.
Alibaba has banned staff from using Anthropic's Claude Code, citing security concerns and allegations of model distillation by the Chinese tech giant.
Spain's services PMI rebounded to 54.2 in June, hitting a 2026 high fueled by strong domestic demand, job growth, and easing Middle East tensions.
Zuckerberg admitted Meta's AI agents are progressing slower than expected, and massive company restructuring has not yet paid off.
JetZero is constructing a full-size blended-wing demonstrator plane in the Mojave Desert, aiming for a 2027 test flight that could cut fuel use by 50%.
The U.S. labor force participation rate fell to 61.5% in June—its lowest since 1976 outside the pandemic—as 720,000 workers stopped looking for jobs.
Meta shares surged 9% following reports it may sell excess AI computing power and model access, positioning the tech giant to rival AWS and Microsoft.
The FCA was forced to partly suspend its £9.1bn car finance compensation scheme, delaying average payouts of £830 for millions of motorists until legal challenges are resolved.
NHTSA closed its 2022 probe into 695k Tesla vehicles over phantom braking, citing low risk and a sharp drop in incident reports due to software updates.
The BOJ's tankan survey shows Japanese business confidence improved for a fifth straight quarter, driven by strong investments despite a weak yen and high fuel costs.
Japan's FY2025 tax revenue will hit a record ¥84 trillion, fueled by inflation, higher wages, and strong corporate earnings.
EU's top court upheld a $4.7B antitrust fine against Google for abusing Android's dominance to favor its own apps, dismissing the company's final appeal.
The Ethereum Foundation launched a policy blueprint urging governments to utilize its decentralized blockchain as a resilient, neutral framework for state infrastructure.
The EU's new made in Europe rules risk shutting out British car exports, prompting European industry leaders to demand targeted Brexit exemptions.
Sony will end physical PlayStation game disc production by 2028 due to a dominant shift toward digital downloads, eliminating the second-hand market.
Citing large trade deficits, the US declined to extend the USMCA trade pact with Canada and Mexico, triggering annual reviews and complex tariff renegotiation