Boeing logged 303 new jet orders in May, its highest since Dec 2023, outpacing Airbus in 2024 with 512 net orders vs. 215, ahead of the Paris Air Show next week.
Trump Organization launches Trump Mobile with a $47.45/month plan and a $499 "T1" smartphone, featuring unlimited data and a gold case with a U.S. flag, coming in September.
Paramount is cutting 3.5% of its U.S. staff amid industry shifts and economic challenges, while awaiting approval for its Skydance merger, now facing legal delays.
G7 leaders meet in Canada Sunday to discuss the Israel-Iran conflict, Middle East, Ukraine, and U.S. tariffs, with peace, jobs, and minerals as key goals.
Nippon Steel shares rose after Trump approved its $14.9B U.S. Steel deal, ending 18 months of hurdles, union pushback, and national security reviews.
Renault CEO Luca de Meo is leaving to take a new role outside the auto industry, reportedly as CEO of Gucci-owner Kering, after five years leading Renault's turnaround.
Trump called Fed Chair Powell a "numbskull" for not cutting rates, blaming him for $600B yearly losses, despite low inflation and slower producer price growth.
Tesla raised prices of all U.S. Model S and Model X versions by $5,000, as announced on its website and X on Thursday.
Nvidia CEO says this decade will be big for autonomous vehicles and robotics, with AVs rising fast in the U.S. and China as firms expand robotaxi services.
BoE chief Andrew Bailey urges UK to deepen EU ties, warning weaker trade post-Brexit hurts the economy and makes controlling inflation more difficult.
U.S. jobless claims stayed at an 8-month high, signaling a cooling labor market, while May producer prices eased, supporting possible Fed rate cuts.
Meta buys 49% of Scale AI for $14.3B, valuing it at $29B. CEO Alexandr Wang joins Meta to lead a new AGI team amid the AI race in Silicon Valley.
Oil prices surged over 9% after Israel struck Iran, sparking supply fears. Brent hit $78.50, WTI $77.62 — highest levels since January.
Economists say Trump's tax law could cost $3T over 10 years. The White House disputes this, claiming it will generate up to $8T—a sharp $11T gap in estimates.
UK GDP fell 0.3% in April 2025 after 0.2% growth in March. Services, production down; construction up. GDP rose 0.7% in 3 months to April. Inflation error noted.
Trump's tariffs may halt BOJ rate hikes, says ex-BOJ official Masai, citing likely export and wage hits. Next hike may be delayed until 2026 due to U.S. trade risks.
TotalEnergies and French AI startup Mistral will launch a joint innovation lab to boost AI applications, combining expertise from both companies.
PayPal expands stablecoin to Stellar network to boost speed and lower costs, aiming to enhance utility and broaden adoption across blockchain platforms.
Airbus aims for 820 deliveries in 2025 despite supply delays, with 40 jets awaiting engines. CEO says chains improved but key bottlenecks remain.
Shell plans to add up to 12M tons of LNG capacity by 2030 from ongoing projects, boosting its position as the world's top LNG trader, an exec said Wednesday.
U.S. CPI rose 0.1% in May vs. 0.2% in April, with annual inflation at 2.4%. Cheaper gas helped, but tariffs may push prices higher in coming months.
Nintendo sold over 3.5M Switch 2 units in 4 days, making it its fastest-selling console. It expects 15M units sold by March next year.
Japan's wholesale inflation slowed in May on lower raw material import costs, but food and drink prices rose, reflecting global economic uncertainties.
Tesla plans to launch its self-driving robotaxi service on June 22, as Elon Musk shifts focus from affordable EVs to autonomous vehicles.