Tesla has increased US Cybertruck prices by $5,000, bringing the Dual Motor to $74,990 and the Premium AWD model to $84,990.
Germany's major automobile club, ADAC, is ending its 20-year fuel discount partnership with Shell on December 31, 2026. Taking Shell's place, Esso Deutschland will step in as the new core partner starting September 1, 2026. The transition introduces an initial promotional discount of 2 cents per liter at Esso filling stations through October 15, 2026, after which the benefit will
Japanese merchants are leaving Rakuten's online marketplace to protest its reported defense partnership with German drone start-up Helsing.
Donald Trump threatened 50% tariffs on Canadian vehicles and parts by Jan 2027 after talks broke down, risking major disruptions to auto supply chains.
Stanley Druckenmiller warned enlarged US Treasury buybacks harm market credibility, arguing deficit cuts not price intervention are needed to lower yields.
Altria and Philip Morris agreed on contract manufacturing deals to boost trade and leverage US tax rebates, with first shipments starting in 2027.
Commerzbank Chair Jens Weidmann urged a review of German takeover laws after UniCredit secured control without paying what he termed an adequate premium.
Standard Chartered is offering wealth clients hedge fund allocations to cushion against market volatility and secure stable, absolute returns.
Tesla is recalling around 3M vehicles in China over door handle safety risks that could trap passengers or block rescuers during power failures.
Alibaba shares fell 8% in Hong Kong after a $10.2B discounted share placement to fund artificial intelligence expansion and infrastructure.
New Zealand plans a bill banning social media for under-16s, proposing fines up to 10% of global revenue for non-compliant platforms.
Gold hits $4,603 and silver nears $69 as a weaker USD and geopolitical tensions outweigh high Treasury yields.
The FAA ordered safety inspections for roughly 471 Boeing 737 Max jets over potential fuselage door frame cracks, despite no cracks found to date.
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.