Weak restaurant traffic drags down Budweiser's China sales, but AB InBev expects the ongoing FIFA World Cup to lift peak summer beer consumption.
Meta tried to buy prediction market Kalshi. After talks failed, Zuckerberg shifted to building Arena, an upcoming AI-powered app for wagering play money on trending news.
The UK's Competition and Markets Authority has launched a consultation to break up Apple and Google's effective duopoly on mobile platforms. The watchdog plans to force both tech giants to allow app developers to steer users to alternative, external payment methods.
Indonesia's Communications and Digital Ministry has partnered with Meta to form a joint working group. The collaboration aims to crack down on bot-driven online gambling promotions in social media comment sections, which surged 128% in June.
Bayer requested US duties on Chinese glyphosate to combat low prices. US farmers are angry, warning the move will increase their costs during a difficult economic period.
Micron Technology shares ticked up 0.4% to close at $1,150.49 on the NASDAQ Tuesday, bouncing back from earlier profit-taking and moving closer to its recent 52-week high of $1,255.00. The recovery reflects strong investor confidence following the company's fiscal Q3 2026 earnings report, which underscored a massive, AI-driven surge in high-performance memory demand. Key Financial Highlights Staggering Revenue Growth: Revenue soared 345.72% year-over-year
Trump reported over $1.4 billion in 2025 income from crypto ventures like World Liberty Financial and various meme coins.
Ukrainian drone strikes on energy infrastructure pushed Russian oil production down for a sixth month to 9.009 million bpd in May. This drop leaves Russia producing roughly 690,000 bpd below its agreed OPEC+ quotas, threatening vital Kremlin tax revenues despite a temporary surge in crude exports.
SAS has ordered up to 40 Airbus A330 widebody aircraft to expand its long-haul network. This deal marks the largest investment in the airline's history.
Crédit Agricole, Mastercard, and Worldline have successfully processed France's first agentic payment, allowing an AI to handle a transaction based on user-defined criteria.
The US FAA is investigating after a JetBlue flight reported hitting a drone at 3,000 feet while approaching JFK airport. The plane landed safely with no damage.
The European Investment Bank has issued its largest-ever commercial loan of €3 billion to support research and development in Airbus's aviation and defense projects.
Brazil's CADE is negotiating with the government to create a specialized team for investigating anticompetitive practices by major tech firms like Google and Meta.
Southwest Airlines has ended seven nonstop routes from St. Louis to Midwest and California cities. The airline states it is shifting resources to other markets and now offers one-stop connections for these destinations.
A French court has ordered TotalEnergies to include customer-related "Scope 3" emissions in its vigilance plan. The company has six months to comply with the ruling.
The World Bank has indefinitely extended its climate policy but dropped specific climate-financing percentage targets following pressure from the U.S. administration.
Comcast is spinning off NBCUniversal and Sky into a separate, publicly traded media company to allow both businesses to focus on their unique growth strategies. Comcast will focus on its core connectivity business, including broadband and wireless networks. NBCUniversal will focus on media and entertainment, including film, TV, streaming, and theme parks. The tax-free separation is expected to be completed within one year. Shareholders
Apple is releasing iOS security patches early to quickly counter the rapid development of AI-driven hacking tools.
Switzerland is easing standards for US cars and medical devices to secure a trade pact and stabilize economic ties amid tariff talks.
The US and Iran agree to halt hostilities and resume diplomatic talks in Qatar following a dangerous escalation of missile and drone strikes in the Gulf.
Pandora and Swarovski lose ground in China as young shoppers ditch affordable fashion jewelry for gold and lab-grown diamonds.
UK house prices fell 0.1% in May, marking three consecutive months of decline. Geopolitical uncertainty surrounding the Iran war and elevated mortgage rates continue to dampen demand and stretch affordability for buyers.
U.S. shoppers spent $26.4 billion during Prime Day, a 9.3% increase driven by discounts and tax refunds. However, smaller average order sizes signal consumer fatigue.
The PBOC launched overnight reverse repo operations at 1.25%, injecting 300 billion yuan. This tool aims to stabilize liquidity and modernize China's policy framework.