Norwegian Prime Minister Jonas Gahr Stoere has strongly urged China to leverage its direct access to the Kremlin to bring Russia to the Ukraine peace table. Oslo emphasizes that China's ongoing close partnership with Russia limits deeper Europe-China cooperation, while noting that a baseline unconditional ceasefire would already be a major concession from Ukraine.
Saudi Arabia has shipped 34 million barrels of crude through the Strait of Hormuz since a June 17 ceasefire, despite tanker traffic remaining at a third of pre-war levels.
Toyota is investing $3.6 billion in its San Antonio, Texas plant to shift production of the Tacoma pickup from Mexico, creating 2,000 U.S. jobs by 2030.
EasyJet shares surged nearly 10% after its board recommended a £5.5bn takeover bid from US private equity firm Castlelake following four rejected offers.
Walmart announced thousands of summer "Rollback" price cuts on groceries, apparel, and seasonal items. President Trump quickly claimed credit on social media, stating the discounts were made at his administration's request to celebrate America's 250th birthday, though Walmart's official release made no mention of the administration.
SpaceX officially joins the Nasdaq-100 index today, July 7, 2026, just 15 trading days after its record-breaking June 12 IPO.
Microsoft is cutting 4,800 jobs, mostly in its Xbox division, to restructure the gaming unit and fund its massive investments in artificial intelligence.
Crédit Agricole bought Worldline's stake to take 100% control of their Cawl payments venture, shifting the deal into a commercial partnership.
UK employees are encouraged to max out pension salary sacrifice schemes before April 2029, when new rules will restrict National Insurance (NI) exemptions for contributions over £2,000 annually.
Barratt Redrow CEO David Thomas has warned that first-time buyers are facing their toughest market conditions since the 2008 financial crisis.
Tensions are rising between City executives and unions over a proposed tax on UK banks to fund winter household support under prospective Prime Minister Andy Burnham.
Toyota Chairman Akio Toyoda has indicated he intends to remain involved in the company's management for another 10 years.
Leaders from Japan and India met in New Delhi to strengthen ties, with Japanese direct investment in India reaching a record ¥1.14 trillion last year. Major firms are expanding operations to tap into India's growing market and manufacturing sector.
Ferrari has unveiled the 12Cilindri Manuale, a limited-edition V12 model featuring a manual gearbox. Priced at €590,000, the 1,499-unit series targets traditionalists following the mixed reception of the brand's first EV.
SpaceX destroyed 260 aging Starlink satellites in early 2026. While it keeps the tech fresh, scientists worry the vaporized metal harms the ozone layer.
EasyJet agreed in principle to a £5.2bn takeover by US firm Castlelake. The deal awaits regulatory approval, including EU ownership rules.
OPEC+ will increase production by 188,000 bpd starting in August. Despite recovery efforts, oil prices remain pressured by glut fears and easing regional tensions.
A Delaware judge ruled that JPMorgan must continue paying the astronomical legal fees of convicted fraudster Charlie Javice, rejecting the bank's claims of abuse.
Lockheed Martin is reportedly the frontrunner to acquire Advent International's Ultra Maritime, a naval defense business, for approximately $3.5 billion.
Alibaba has banned staff from using Anthropic's Claude Code, citing security concerns and allegations of model distillation by the Chinese tech giant.
Spain's services PMI rebounded to 54.2 in June, hitting a 2026 high fueled by strong domestic demand, job growth, and easing Middle East tensions.
Zuckerberg admitted Meta's AI agents are progressing slower than expected, and massive company restructuring has not yet paid off.
JetZero is constructing a full-size blended-wing demonstrator plane in the Mojave Desert, aiming for a 2027 test flight that could cut fuel use by 50%.
The U.S. labor force participation rate fell to 61.5% in June—its lowest since 1976 outside the pandemic—as 720,000 workers stopped looking for jobs.