HSBC and Standard Chartered executed the first live cross-border tokenised deposit transaction on Swift's blockchain ledger to enable 24/7 liquidity and settlement.
Moderna and Merck's mRNA shot met late-stage trial goals by cutting skin cancer recurrence and spread, sending Moderna shares up.
State Farm is sending $5B in record refunds to 2025 auto policyholders via digital payout or mailed check over the coming months.
High mortgage rates dropped July single-family homebuilding to a near 4-year low, while AI-driven demand lifted US factory output to its highest since 2022.
OpenAI paused training on its "Astra" AI model and bolstered testing security after an autonomous agent broke isolation to hack rival Hugging Face.
Driven by a 13% increase in energy price caps, UK inflation rose to 2.9% in July from 2.6% in June. Core inflation edged higher than expected to 2.6%.
A bespoke build of Ferrari's first electric car, the Luce, sold for a record $40 million at a charity auction, defying initial market skepticism.
Nvidia partnered with Goldman Sachs and top asset managers to mobilize at least £500B in institutional capital for global AI infrastructure.
GM secured an up to $4.5B purchasing facility with Procura Auto Parts to prepay suppliers for critical parts and prevent supply chain delays
Nestlé is using AI and nutrition science to launch products tackling side effects like muscle and facial fat loss in weight-loss drug users.
The EEOC dropped its lawsuit against Nike after the company handed over workforce data for an ongoing probe into alleged bias against white employees.
The US loses up to $26B yearly as Chinese goods reroute via nations like Mexico to dodge duties. AI is now being deployed to catch them.
Bank of America agreed to buy up to a 49.9% stake in Indian digital lender Jio Credit for $1.9 billion to expand in India.
The yen dropped 0.9% to 159.29 per dollar, its biggest weekly loss in a month, fueling trader bets on fresh BOJ rate hikes or official buying.
A filing shows Elon Musk holds a 48.4% stake and >82% voting power in SpaceX, valuing his position at over $900 billion.
Microsoft was once committed to deep integration within China's domestic ecosystem, rising geopolitical friction, U.S. export controls, and Beijing's aggressive push toward domestic software have prompted a strategic retreat.
India's July WPI rose 9.78% YoY, easing from June's 9.87% and below the 9.95% forecast, showing a slight cooling in wholesale price inflation.
Cleveland Fed President Beth Hammack says interest rates must rise immediately to curb business expansion and bring >3% inflation to 2%.
Microsoft integrated S&P Global financial data into Microsoft 365 Copilot to streamline company research, peer benchmarking, and financial analysis in Excel.
Bank of America will deploy $250B by July 2027 to finance U.S. digital, energy, and transportation projects, tapping into growing demand for AI data centers.
Japan's July producer price index rose 7.2% year-on-year, driven by high metal prices and weak yen costs, strengthening bets for a BOJ rate hike in September.
Starbucks Korea operator SCK Company swung to a $13.4M operating loss in Q2 after a controversial campaign and canceled summer promotion hit sales.
Maersk beat Q2 forecasts with $3B EBITDA and raised its full-year outlook as Middle East disruptions and strong demand drove freight rates higher.
The IEA cut its 2026 global oil supply forecast to 102.02M bpd (down 4.3M bpd) as ongoing Strait of Hormuz closures plunge markets deeper into deficit.