Ford recalls 850,000+ U.S. vehicles over faulty fuel pumps that could stall engines, says NHTSA.
BoE eases mortgage rules to boost high loan-to-income lending, aiming to help 36,000 more first-time buyers yearly onto the UK housing ladder.
Starbucks CEO Brian Niccol, famed for reviving Taco Bell & Chipotle, faces investor doubt as sales lag and no targets emerge 9 months into his tenure.
U.S. apparel imports from China hit a 22-year low in May as tariffs bite, shrinking China's long-held share of the U.S. clothing market.
European investors eye Q2 earnings for key signs of how firms handle trade shocks—and how sturdy their stock prices stay in this new volatile era.
Slovakia keeps veto on new EU sanctions against Russia over Ukraine, with Brussels-Bratislava talks failing to reach a deal, blocking approval again.
Global jet fuel demand will lag pre-COVID levels due to less Chinese travel, strict U.S. visas & efficient jets, weighing on oil demand and prices.
Apple in talks to buy U.S. F1 broadcast rights next year after success of "F1: The Movie".
Merck nears $10B deal to buy Verona Pharma at $107/ADS, its biggest buy since 2023, to boost lung disease portfolio, FT reports.
Trump to impose 50% tariff on copper to boost U.S. output; Comex copper futures surge 12% to record high on surprise move.
Starbucks' China biz draws buyout interest valuing it at $10B. Centurium, Hillhouse, Carlyle & KKR among bidders
Rio Tinto may name a new CEO this month. Chair wants a leader open to big M&A, productivity, and cost cuts. Finalists pitch to the board in London this week.
UniCredit, Banco BPM shares rose after a report said the EU may force Italy to drop deal conditions. UniCredit sued, with a ruling expected this week.
Novartis got Swiss approval for Coartem Baby, the first malaria drug for infants. Eight African nations are expected to quickly approve it next.
Japan seeks auto tariff cuts in U.S. trade deal after Trump set 25% tariffs from Aug 1. Talks with U.S. Commerce Sec. Lutnick to continue actively.
Ryanair CEO says summer bookings are strong, with Italy, Greece, Spain, the Balearics, Canaries, and Morocco seeing high demand through August.
Chevron readies to close its $53B Hess deal, prepping severance plans, as it awaits a key court ruling on Exxon's challenge that could block the merger.
Trump won't impose a 10% tariff on BRICS now, but may if they adopt "anti-American" policies, a source says.
Tesla shorts gain $1.4B as TSLA drops 7.5% after Musk's new political party plan fuels worries about his focus, following a clash with Trump.
Trump delays new tariffs to Aug 1, giving trade partners 3 more weeks, but confusion grows as letters with rates go out now, keeping importers on edge.
Nissan plans to sell $4B in USD and euro bonds, days after seeking payment delays from suppliers to ease cash flow.
Trump said the U.S. will slap an extra 10% tariff on nations backing BRICS' "anti-American policies," as the bloc's summit began in Brazil Sunday.
Trump & top donor Musk clash as Musk forms new party, slams Trump's tax bill as bankrupting America. Another sharp twist in their political feud.
Air France-KLM plans to raise its SAS stake from 19.9% to 60.5%, buying shares from Castlelake and Lind Invest to boost its position in Europe.