US agencies warned hackers are targeting Siemens industrial controllers in critical infrastructure, including water facilities, risking major disruptions.
The European Commission has cleared a joint venture formed by ACS, Telefónica, Banco Santander, and Spain's state-owned SETT (Sociedad Española para la Transformación Tecnológica, or "Digital SEPI") under EU merger regulations. Antitrust Clearance: Brussels determined the deal raises no competition concerns due to the limited market share of the companies involved, processing it under a simplified review. Strategic Initiative: The consortium aims
Ether jumped 18% to $2,250 and Bitcoin topped $69,000 as US Treasury bond buybacks and crypto regulatory support triggered heavy short liquidations.
The US Treasury doubled long-dated bond buybacks to $4 billion per operation to provide liquidity and cool 30-year yields after a 19-year high.
Standard Chartered is directing wealth client assets to hedge fund strategies to shield portfolios from volatility and generate steady absolute returns.
Amazon announced plans to expand Prime Air drone delivery to roughly 500 US locales by year-end, scaling up from 11 existing hubs as local approvals allow.
HSBC and Standard Chartered executed the first live cross-border tokenised deposit transaction on Swift's blockchain ledger to enable 24/7 liquidity and settlement.
Moderna and Merck's mRNA shot met late-stage trial goals by cutting skin cancer recurrence and spread, sending Moderna shares up.
State Farm is sending $5B in record refunds to 2025 auto policyholders via digital payout or mailed check over the coming months.
High mortgage rates dropped July single-family homebuilding to a near 4-year low, while AI-driven demand lifted US factory output to its highest since 2022.
OpenAI paused training on its "Astra" AI model and bolstered testing security after an autonomous agent broke isolation to hack rival Hugging Face.
Driven by a 13% increase in energy price caps, UK inflation rose to 2.9% in July from 2.6% in June. Core inflation edged higher than expected to 2.6%.
A bespoke build of Ferrari's first electric car, the Luce, sold for a record $40 million at a charity auction, defying initial market skepticism.
Nvidia partnered with Goldman Sachs and top asset managers to mobilize at least £500B in institutional capital for global AI infrastructure.
GM secured an up to $4.5B purchasing facility with Procura Auto Parts to prepay suppliers for critical parts and prevent supply chain delays
Nestlé is using AI and nutrition science to launch products tackling side effects like muscle and facial fat loss in weight-loss drug users.
The EEOC dropped its lawsuit against Nike after the company handed over workforce data for an ongoing probe into alleged bias against white employees.
The US loses up to $26B yearly as Chinese goods reroute via nations like Mexico to dodge duties. AI is now being deployed to catch them.
Bank of America agreed to buy up to a 49.9% stake in Indian digital lender Jio Credit for $1.9 billion to expand in India.
The yen dropped 0.9% to 159.29 per dollar, its biggest weekly loss in a month, fueling trader bets on fresh BOJ rate hikes or official buying.
A filing shows Elon Musk holds a 48.4% stake and >82% voting power in SpaceX, valuing his position at over $900 billion.
Microsoft was once committed to deep integration within China's domestic ecosystem, rising geopolitical friction, U.S. export controls, and Beijing's aggressive push toward domestic software have prompted a strategic retreat.
India's July WPI rose 9.78% YoY, easing from June's 9.87% and below the 9.95% forecast, showing a slight cooling in wholesale price inflation.
Cleveland Fed President Beth Hammack says interest rates must rise immediately to curb business expansion and bring >3% inflation to 2%.