News

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Fri, 10 Jul 2026 21:30:06 GMT

EU Advances Digital Euro Toward 2029 Launch

The European Parliament voted 416–169 to approve the digital euro framework, initiating final member-state negotiations for a free, capped CBDC by 2029.

Fri, 10 Jul 2026 18:30:04 GMT

Gold Drops on Fed Rate Hike Fears

Gold is heading for a weekly decline as escalating U.S.-Iran conflict fuels inflation worries, reinforcing bets that the Federal Reserve will raise interest rates.

Fri, 10 Jul 2026 15:30:08 GMT

OpenAI AGI Chief Fidji Simo Steps Down

OpenAI's CEO of AGI deployment, Fidji Simo, is stepping down from her full-time role to become a part-time advisor due to a chronic neuroimmune condition

Fri, 10 Jul 2026 12:30:07 GMT

BP Streamlines and Considers North Sea Exit

CEO Meg O'Neill announced portfolio cuts and asset sales, including a Canadian divestment and a potential UK North Sea exit, to slash corporate costs.

Fri, 10 Jul 2026 09:30:03 GMT

Fed Forecasts Falling Oil Prices

Despite a renewed U.S.-Iran conflict and disruptions in the Strait of Hormuz, the Federal Reserve expects energy prices to peak and cool down over time.

Fri, 10 Jul 2026 06:30:05 GMT

Japan Corporate Bankruptcies Hit 12-Year High

Driven by a weak yen, rising inflation, and severe labor shortages, corporate bankruptcies in Japan topped 5,000 in the first half of 2026, hitting a 12-year high.

Fri, 10 Jul 2026 05:45:05 GMT

Tech Wealth Drives Jet Demand

The SpaceX IPO and AI startup boom have created massive wealth, causing a historic spike in private jet purchases, memberships, and charter flights.

Fri, 10 Jul 2026 05:43:45 GMT

Costco Sued Over Contaminated Protein Powder

Costco faces a proposed class-action lawsuit in Washington for selling Orgain Organic Protein Powder allegedly tainted with lead, cadmium, and arsenic without consumer warnings

Thu, 09 Jul 2026 06:30:03 GMT

Beijing Urges Netherlands to Secure Semiconductor Supply Chains

During a high-profile trade mission in Beijing, Chinese Commerce Minister Wang Wentao pressed Dutch Trade Minister Sjoerd Sjoerdsma to ensure a fair and predictable business environment for Chinese firms and maintain stable semiconductor supply chains.

Thu, 09 Jul 2026 03:30:04 GMT

Meta Rolls Out Muse Image Tool for Generative AI Creation

Meta Platforms has launched Muse Image, its first image-generation model developed by Meta Superintelligence Labs. Integrated directly into the Meta AI chatbot, the agentic model can interpret complex prompts, accept photo inputs, and handle direct canvas edits like sketches or annotations.

Wed, 08 Jul 2026 21:30:05 GMT

Bayer Seeks Dismissal of Federal Roundup Litigation

Bayer will attempt to convince a federal judge on Thursday to dismantle the consolidated litigation involving nearly 4,000 federal Roundup lawsuits.

Wed, 08 Jul 2026 18:30:05 GMT

Apple Loses Legal Challenge Against EU Big Tech Rules

Apple lost its challenge at the EU General Court against landmark antitrust rules designating its App Store and iOS as "gatekeepers."

Wed, 08 Jul 2026 15:30:06 GMT

OpenAI to Launch GPT-5.6 After Government Delay

OpenAI will publicly launch its highly advanced GPT-5.6 model (including Sol, Terra, and Luna) this Thursday.

Wed, 08 Jul 2026 12:30:06 GMT

Trump Orders Cutoff of US Trade with Spain

Trump ordered a cutoff of US trade with Spain at the NATO summit, calling Madrid a "terrible partner" over defense spending and Iran war policies.

Wed, 08 Jul 2026 09:30:06 GMT

Amazon Now's Brazil Push

Fresh food demand has boosted Amazon Now's ultra-fast delivery service in Brazil, prompting the company to expand its local product range by 15%.

Wed, 08 Jul 2026 06:30:06 GMT

Ford Hits Quality Milestone with Top J.D. Power Ranking

Ford topped J.D. Power's 2026 mass-market quality rank. CEO Jim Farley targets flawless launches to slash heavy recall and warranty costs.

Wed, 08 Jul 2026 03:30:04 GMT

Trump to Sell F-35 fighter jets

Trump plans to bypass a congressional ban and signal a willingness to sell F-35 fighter jets to Turkey as a gift for President Erdogan

Tue, 07 Jul 2026 21:30:05 GMT

Norway Urges China's Intervention

Norwegian Prime Minister Jonas Gahr Stoere has strongly urged China to leverage its direct access to the Kremlin to bring Russia to the Ukraine peace table. Oslo emphasizes that China's ongoing close partnership with Russia limits deeper Europe-China cooperation, while noting that a baseline unconditional ceasefire would already be a major concession from Ukraine.

Tue, 07 Jul 2026 18:30:04 GMT

Saudi Arabia Restores Oil Shipments

Saudi Arabia has shipped 34 million barrels of crude through the Strait of Hormuz since a June 17 ceasefire, despite tanker traffic remaining at a third of pre-war levels.

Tue, 07 Jul 2026 15:30:04 GMT

Toyota Invests $3.6B in Texas

Toyota is investing $3.6 billion in its San Antonio, Texas plant to shift production of the Tacoma pickup from Mexico, creating 2,000 U.S. jobs by 2030.

Tue, 07 Jul 2026 12:30:05 GMT

EasyJet Agrees to Takeover

EasyJet shares surged nearly 10% after its board recommended a £5.5bn takeover bid from US private equity firm Castlelake following four rejected offers.

Tue, 07 Jul 2026 10:30:35 GMT

Trump Claims Credit for Walmart Cuts

Walmart announced thousands of summer "Rollback" price cuts on groceries, apparel, and seasonal items. President Trump quickly claimed credit on social media, stating the discounts were made at his administration's request to celebrate America's 250th birthday, though Walmart's official release made no mention of the administration.

Tue, 07 Jul 2026 10:27:04 GMT

SpaceX Joins Nasdaq-100

SpaceX officially joins the Nasdaq-100 index today, July 7, 2026, just 15 trading days after its record-breaking June 12 IPO.

Tue, 07 Jul 2026 09:30:06 GMT

Microsoft Cuts 4,800 Jobs

Microsoft is cutting 4,800 jobs, mostly in its Xbox division, to restructure the gaming unit and fund its massive investments in artificial intelligence.

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