Global jet fuel demand will lag pre-COVID levels due to less Chinese travel, strict U.S. visas & efficient jets, weighing on oil demand and prices.
Apple in talks to buy U.S. F1 broadcast rights next year after success of "F1: The Movie".
Merck nears $10B deal to buy Verona Pharma at $107/ADS, its biggest buy since 2023, to boost lung disease portfolio, FT reports.
Trump to impose 50% tariff on copper to boost U.S. output; Comex copper futures surge 12% to record high on surprise move.
Starbucks' China biz draws buyout interest valuing it at $10B. Centurium, Hillhouse, Carlyle & KKR among bidders
Rio Tinto may name a new CEO this month. Chair wants a leader open to big M&A, productivity, and cost cuts. Finalists pitch to the board in London this week.
UniCredit, Banco BPM shares rose after a report said the EU may force Italy to drop deal conditions. UniCredit sued, with a ruling expected this week.
Novartis got Swiss approval for Coartem Baby, the first malaria drug for infants. Eight African nations are expected to quickly approve it next.
Japan seeks auto tariff cuts in U.S. trade deal after Trump set 25% tariffs from Aug 1. Talks with U.S. Commerce Sec. Lutnick to continue actively.
Ryanair CEO says summer bookings are strong, with Italy, Greece, Spain, the Balearics, Canaries, and Morocco seeing high demand through August.
Chevron readies to close its $53B Hess deal, prepping severance plans, as it awaits a key court ruling on Exxon's challenge that could block the merger.
Trump won't impose a 10% tariff on BRICS now, but may if they adopt "anti-American" policies, a source says.
Tesla shorts gain $1.4B as TSLA drops 7.5% after Musk's new political party plan fuels worries about his focus, following a clash with Trump.
Trump delays new tariffs to Aug 1, giving trade partners 3 more weeks, but confusion grows as letters with rates go out now, keeping importers on edge.
Nissan plans to sell $4B in USD and euro bonds, days after seeking payment delays from suppliers to ease cash flow.
Trump said the U.S. will slap an extra 10% tariff on nations backing BRICS' "anti-American policies," as the bloc's summit began in Brazil Sunday.
Trump & top donor Musk clash as Musk forms new party, slams Trump's tax bill as bankrupting America. Another sharp twist in their political feud.
Air France-KLM plans to raise its SAS stake from 19.9% to 60.5%, buying shares from Castlelake and Lind Invest to boost its position in Europe.
Saudi Aramco plans to sell up to 5 gas power plants to raise funds, possibly worth tens of billions.
India bans Jane Street, citing "unlawful gains," and seizes $567M. Jane Street, a top global quant firm, disputes charges. It had a growing India presence.
France and Germany clash over EU-US trade talks: Berlin wants a quick deal, Paris warns against showing weakness. EU doubts a zero-tariff pact is possible.
BBVA will equip 100,000 staff with Google Workspace + Gemini GenAI tools, boosting its AI strategy through a deeper partnership with Google Cloud.
Chesnara will buy HSBC's UK life insurance arm for £260M in cash as HSBC streamlines under CEO Elhedery to boost returns, the firms said Thursday.
Europe's top asset manager warns the US GENIUS Act may fuel a dollar stablecoin boom, risking global payment disruptions and shifting money flows.