Intel's stock jumped 19% after forecasting strong Q2 revenue. Success is driven by AI-focused CPUs and a major manufacturing deal with Elon Musk's Tesla.
American Express topped Q1 estimates with $4.28 EPS, fueled by a three-year high in spending growth. Despite Middle East conflict noise, luxury retail spend surged 18%.
After ditching a $72B Warner Bros bid, Netflix authorized a $25B share repurchase. The pivot follows a $2.8B breakup fee and a shift toward AI and gaming.
The UK's smoke-free generation bill has cleared parliament and awaits royal assent. It will effectively ban tobacco sales forever to anyone born after 2008.
Heineken reported higher-than-expected revenue and volumes for the first quarter, yet warned that rising energy costs and inflation linked to the Iran war could dampen future demand.
A federal judge finalized a $425 million settlement for Capital One 360 Savings customers, resolving claims the bank misled depositors about interest rates.
Microsoft will invest A$25B ($17.9B) in Australia by 2029 to expand Azure AI infrastructure, boost cybersecurity, and train citizens in AI skills.
Yohei Kono will lead a Japanese trade delegation to Beijing from June 21–24. It marks the first visit since tensions spiked over PM Takaichi's Taiwan remarks.
Deutsche Telekom is exploring a full merger with T-Mobile US via a new holding company to create a global telecom titan. The move aims to eliminate valuation gaps and unify operations. However, shares fell as investors weigh massive regulatory hurdles and the high costs of a stock-based buyout.
Market volatility fueled by the Iran war has caused the funding ratios of the Netherlands' largest pension funds to drop, potentially complicating the upcoming transition to a new national pension system.
Honda Korea announced it will withdraw from the South Korean automobile market by the end of 2026, ending 23 years of local car sales.
Germany's S&P Global Composite PMI fell to 48.3 in April 2026, dropping sharply from 51.9 in March and defying expectations of a 51.1 expansion.
Tesla's Q1 2026 performance signals a definitive move away from its identity as a traditional car manufacturer. While the company beat earnings expectations with 41 cents per share, it missed revenue targets at $22.39 billion. Investor reaction was lukewarm; an initial stock jump was quickly erased by concerns over Musk's plan for massive capital spending. The Shift to AI and
Minister Katayama will meet top banks this week to discuss security threats from Anthropic's Mythos AI, as regulators move to plug systemic vulnerabilities.
Toyota will start full-scale hydrogen production at its Honsha Plant in May. The company plans to mass-produce and sell the water electrolysis equipment globally starting in 2029.
GM has indefinitely halted its 2028 next-gen electric truck program, shifting focus toward plug-in hybrids and range-extenders as EV demand slows.
SpaceX secured an option to buy AI coding startup Cursor for $60B to boost xAI's capabilities. This tech push comes as SpaceX prepares for a record-breaking $1.75T IPO.
Capital One missed Q1 profit goals as it set aside $4.07B for bad loans. Despite higher interest income from its Discover merger, rising credit risks hit shares.
Meta is logging employee keystrokes and clicks to train AI agents. The move coincides with a 10% layoff plan, sparking major privacy and surveillance concerns.
Malta is subsidizing fuel to maintain fixed prices of €1.21 for diesel and €1.34 for petrol, shielding citizens from price spikes caused by the Iran war.
Lufthansa is cancelling 20,000 summer flights to save costs as jet fuel prices double due to the Strait of Hormuz closure and Middle East supply disruptions.
The Iran war has hiked airfares by 24% due to rerouting and fuel costs. Long-haul flights to Asia are up 70%+, as airlines face capacity cuts and a blockade.
Chancellor Rachel Reeves's plan to slash the cash ISA limit from £20,000 to £12,000 for under 65 is facing significant hurdles. While scheduled for April 2027, months of Treasury talks have stalled over how to effectively tax uninvested cash held within investment accounts. Officials are reportedly weighing a 22% tax on interest earned from cash sitting idle in stocks and
Eight firms including Barclays and UBS join the FCA to test agentic AI for AML and credit insights to ensure safe, responsible innovation.