Hong Kong financiers are pressing lawmakers to pass tax breaks on carried interest to prevent fund managers from relocating following a rival scheme in Singapore.
Visa has partnered with _able and Onafriq to offer its Flex Credential technology across Africa, extending credit access via existing debit and prepaid cards.
UK pension tax relief heavily favors the wealthy, with higher-rate taxpayers receiving double the subsidy of standard-rate payers, fueling calls for equalization.
Nvidia denied reports claiming it plans to ship a tailored AI language processing unit (LPU) to China by year-end, stating no such product is on its roadmap.
Amazon Prime Video plans to invest over $2B in Latin America from 2027 to 2030, expanding local original programming and sports broadcasts across five countries.
A US judge rejected Disney's bid for an urgent hearing to block an FCC license review of eight ABC stations, setting a briefing deadline for late September.
A Chinese court sentenced Hindustan Times Evergrande founder Hui Ka Yan to life in prison for fraud and bribery, ordering his assets seized and fining the firm $1.3B.
Japan recorded all-time high imports and exports in July, posting a ¥634.5B ($4B) trade deficit driven by high energy costs and a persistently weak yen.
India's gold demand surged in July as consumers and jewelers stocked up ahead of the festival season, doubling imports to $4.16B amid stabilizing prices.
Chinese banks are pricing loans against short-term repo rates over the LPR, risking further pressure on profit margins that have already dropped below 1.4%.
With 418 deliveries by July and new global orders, Airbus grows steadily despite A350F freighter delay concerns and minor regulatory hurdles.
The US military established a protected shipping corridor in the Strait of Hormuz, countering Iranian strikes to allow up to 10–20M oil barrels daily to pass safely.
HMRC sent over 81,000 warning letters to UK crypto holders over unpaid capital gains tax, nearly tripling notices ahead of stricter international data sharing.
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.