Japan revised Q2 annualized GDP growth up to 1.4% on improved capex, reinforcing market expectations that the Bank of Japan will hike rates next week.
Emirates will add a second daily A380 on its Dubai–Singapore route in October 2026, replacing a 777-300ER to boost capacity amid delayed Boeing 777X deliveries.
The Bank of Japan is leaning toward a standard 25-basis-point rate increase to 1.25% next week, avoiding a larger 50-bp shock while keeping future options open.
Sweden will purchase around 10 Lockheed Martin HIMARS rocket systems for $729M, with deliveries starting in 2027 and local ammunition production via Saab.
Ahead of a planned summit between Xi and Trump, several Chinese producers halted US rare earth exports over fears of Beijing's retaliation for complying with RMI standards.
Rosneft CEO Igor Sechin stated that China now drives global oil markets over OPEC, stabilizing prices by cutting imports by 5.5M bpd using its massive reserves
Deutsche Bank now expects the ECB to hike rates by 25 bps in December as well as September, lifting its projected terminal rate to 2.75% amid energy risks.
Tesla rolled out paid Cybercab robotaxi rides in Austin, Texas, prompting NHTSA to audit whether the pedal- and steering wheel-free EVs meet federal safety standards.
Israel's Rafael and Lower Saxony are set to sign a deal to repurpose VW's Osnabrück plant for Iron Dome parts, saving around 2,000 jobs.
Anthropic delayed marketing its potential $2T IPO to mid-October, aiming to list just before US midterms while finalizing a $15B credit facility.
Anthropic rolls out Claude 4.5 Opus with reinforced safeguards, citing autonomous cyber risks after recent industry security breaches. Testing remains key.
EU ban on Brazilian animal products takes effect over antimicrobial control concerns, hitting $1.84B in yearly exports; poultry talks offer slight near-term hope.
PM Carney says Canada is ready for a stable, mutually beneficial US trade pact, brushing off US cabinet remarks; Trump warned Canada's economy could collapse.
Adobe taps insider Chakravarthy as CEO to tackle rising AI rivals and lead its software suite; 18-year chief Narayen becomes executive chair.
Nvidia to buy developer hub Hugging Face for $12.93B to expand open-source reach; platform to stay open across hardware and clouds.
VW to cut 50k more jobs, curb board sway & review 4 German plants from 2031 amid tariffs & China EV pressure. Shares rose 7.9%.
One year after founder Giorgio Armani's death, the fashion house is drafting a new business plan as it prepares to sell an initial 15% stake valued at €5B–€7B.
Activist investor Elliott Investment Management has built a stake in Deutsche Telekom and is urging the German carrier to abandon plans for a potential full combination with T-Mobile US in favor of alternative value-unlocking strategies, including larger share buybacks.
Broadcom raised its multi-year AI chip outlook on surging Big Tech demand, lifting its fiscal 2027 AI chip revenue forecast to roughly $115 billion (up from $100 billion) and projecting that figure to double to $230 billion in fiscal 2028.
Uber is eliminating 10% of its workforce to flatten management and cut costs, CEO Dara Khosrowshahi announced in an internal email.
Rising global bond yields and advanced-economy debt threaten to derail debt progress for emerging nations, IMF chief Georgieva says. Senegal faces a key test.
US tech giants are flooding the euro bond market to fund AI, potentially crowding out other issuers and driving up borrowing costs.
Honda asked parts suppliers to cut costs by 30% to save $9.4B by 2030, aiming to counter fierce EV competition from Chinese automakers.
The LLM Token Expenditure Index sank to a record 97 cents amid fierce competition, cutting user costs while squeezing margins and pricing power for model labs.