Brent crude climbed to $107.55 and WTI rose to $103.27 on Tuesday as ongoing outages on Saudi Arabia's East-West pipeline and fresh regional attacks stoked supply disruption concerns.
A Taiwanese union representing Micron workers warned it may initiate a strike vote if the chipmaker fails to propose a permanent profit-sharing system allocating 15% of operating profit to employees by September 21.
Arizona sued L'Oreal for allegedly concealing cancer risks tied to chemical hair relaxers, becoming the first state to take legal action alongside more than 12,000 pending individual lawsuits.
Tesla has incorporated Tesla Motors Vietnam in Ho Chi Minh City with $3 million in charter capital, marking its formal retail and distribution entry into the Southeast Asian EV market.
Michael Dell's DFO Management and Sequence Holdings are in advanced talks to take Baldwin Insurance private for $7.7B.
Oracle co-founder Larry Ellison has canceled a trading plan to sell up to 50 million shares worth approximately $7.5 billion, with the company stating no stock was sold.
Boeing and its union reached a tentative four-year deal offering 17,000 engineers a 10% raise this October, averting a potential strike set for October 7.
Nvidia is in talks to invest up to $10 billion as an anchor investor in Anthropic's upcoming IPO, which aims to raise up to $100 billion at a $2 trillion valuation.
Ford is recalling 223,472 F-150 pickup trucks in the U.S. across model years 2023 to 2027 due to unsecured fuel tanks that could leak or fall off while driving.
The Bank of Japan is considering raising its policy rate by 25 bps to around 1.25% this week to curb inflation fueled by high oil prices and a weaker yen.
Amazon paused cargo operations with contractor 21 Air following an Amazon Air flight runway overrun at Miami International Airport that killed five people on the ground.
Analysts question if the $1,999 iPhone Duo has clear mainstream appeal beyond affluent adopters, though Apple is still projected to sell 6M units by year-end.
Micron offered Taiwan plant workers bonuses worth 35 to 68 months of pay to avert potential strike action after a banner fiscal year.
Berlin will urge UniCredit to keep Commerzbank listed in Frankfurt and protect jobs as the Italian lender prepares a takeover creating a €1.3T banking giant.
Britain's GDP rose 0.4% in July, beating expectations of flat growth, driven by strength in services and AI software development despite war headwinds.
German firms fear winter gas shortages as EU reserves sit at 67%. Soaring prices from Middle East tensions made storage injections unprofitable. Network operator Westnetz requested emergency contacts, while companies file briefs to avoid shut-offs and utilities brace for failures.
The White House delayed a decision on refined copper tariffs, balancing domestic mining incentives against inflation and higher manufacturing costs pre-midterms.
Apple entered the foldable smartphone market with the $1,999 passport-shaped iPhone Duo, featuring a 7.6-inch display, A20 Pro chip, and in-house C2 modem.
Indian EV maker Ultraviolette will invest $82M in a new Hosur plant, targeting 250,000 units annually to expand into the mass-market segment.
Trump stated the war with Iran should end immediately after the November US midterms, while threatening strikes on Iran's fortified Pickaxe Mountain site.
Driven by severe Russian fuel deficits from drone strikes, Belarusian refiners saw 10-year high profits as gasoline flows to Russia surged 25-fold.
The US DOJ is investigating whether Nvidia structured its $17B licensing deal and hiring of Groq executives to bypass federal antitrust scrutiny.
The ECB is expected to raise rates by 25 bps to 2.50% to counter inflation fears fueled by the Iran war and oil prices pushing back above $100 per barrel.
Alphabet's Google will invest over €13B ($15.1B) in Finnish data centers and clean power by 2028, marking its largest single infrastructure bet in Europe.