SAP will invest €20B over 10 years to boost Europe's sovereign cloud, offering IaaS and on-site options to keep customer data within the EU and meet GDPR rules.
UK PM Keir Starmer reshuffled advisers, bringing in ex-BoE Deputy Minouche Shafik, to boost economic plans ahead of a tough Autumn Budget amid low approval ratings.
Treasury Secretary Scott Bessent said the Fed should stay independent but criticized its "mistakes" and defended Trump's right to fire Fed Governor Lisa Cook.
Novo Nordisk says Wegovy cut heart attack, stroke, or death risk by 57% vs Eli Lilly's drugs in real-world data, highlighting possible differences among GLP-1 drugs.
Japan's markets boom as foreign buyers drive Tokyo stocks to record highs and push 30-year bond yields up, but domestic investors remain largely absent.
Swiss coffee machine maker Thermoplan, key Starbucks supplier, faces job risks after U.S. President Trump imposed 39% tariffs on Switzerland over its trade surplus.
Nestlé ousted CEO Laurent Freixe over an affair, naming Philipp Navratil as successor, as the food giant battles falling shares and uneven post-pandemic results.
Tesla's EU sales fell for an 8th month in August, with weak Model Y demand, rising competition, and backlash over Musk's political ties hurting performance.
Australian home prices rose 0.7% in August to a median A$848,858, driven by strong demand and low listings, up from a 0.5% gain in July, Cotality reported.
Spirit Airlines filed for bankruptcy again, its second in a year, as cash dwindles and losses mount despite a previous reorganization in March.
Intel amended its CHIPS Act deal, removing project milestones and getting $5.7B in funds early, giving the company more flexibility.
Rolls-Royce denied a report that it's exploring an IPO for its small nuclear reactor unit, after the FT said it was considering funding options and early talks.
Tesla cut the price of its Model 3 RWD in China by 3.7% after launching the new long-range variant last month.
HSBC U.S. CEO Lisa McGeough steps down months after taking the role; Jason Henderson named interim head as the bank searches for her successor.
France's economy grew 0.3% in Q2, matching forecasts and confirming earlier data, signaling steady momentum for the euro zone's second-largest economy.
The U.S. ended the $800 tariff exemption on imports, raising costs for e-commerce, small businesses, and consumers. A flat $80–$200 duty applies for six months.
Nike will cut under 1% of its corporate staff as CEO Elliott Hill drives a turnaround, boosting shoe lines, retail ties, and store presence to battle competition.
The U.S. economy grew faster in Q2, boosted by AI and equipment investments, with higher consumer spending, though import tariffs remain a concern.
YouTube and Fox reached a deal to keep Fox News, Fox Sports, and other Fox channels on YouTube TV. Financial terms were not disclosed.
A historic legal fight is brewing between President Donald Trump and Federal Reserve Governor Lisa Cook. The confrontation raises questions about the political independence of the central bank and could affect financial markets.
CrowdStrike shares fall after a weak Q3 revenue forecast, as last year's outage and related discounts continue to impact subscription timing.
BMW CEO Oliver Zipse warns the auto industry faces a tough shake-up, urging caution as BMW bets big on its revamped electric vehicle lineup.
Nvidia CEO Jensen Huang expects AI chip demand to grow into a multi-trillion-dollar market, but shares fell 1.56% on a weak Q3 sales forecast.
Southeast Asian nations plan to boost U.S. grain and oilseed imports under trade deals, reshaping global flows and displacing supply from Australia, Canada, and Russia.