SAS has ordered up to 40 Airbus A330 widebody aircraft to expand its long-haul network. This deal marks the largest investment in the airline's history.
Crédit Agricole, Mastercard, and Worldline have successfully processed France's first agentic payment, allowing an AI to handle a transaction based on user-defined criteria.
The US FAA is investigating after a JetBlue flight reported hitting a drone at 3,000 feet while approaching JFK airport. The plane landed safely with no damage.
The European Investment Bank has issued its largest-ever commercial loan of €3 billion to support research and development in Airbus's aviation and defense projects.
Brazil's CADE is negotiating with the government to create a specialized team for investigating anticompetitive practices by major tech firms like Google and Meta.
Southwest Airlines has ended seven nonstop routes from St. Louis to Midwest and California cities. The airline states it is shifting resources to other markets and now offers one-stop connections for these destinations.
A French court has ordered TotalEnergies to include customer-related "Scope 3" emissions in its vigilance plan. The company has six months to comply with the ruling.
The World Bank has indefinitely extended its climate policy but dropped specific climate-financing percentage targets following pressure from the U.S. administration.
Comcast is spinning off NBCUniversal and Sky into a separate, publicly traded media company to allow both businesses to focus on their unique growth strategies. Comcast will focus on its core connectivity business, including broadband and wireless networks. NBCUniversal will focus on media and entertainment, including film, TV, streaming, and theme parks. The tax-free separation is expected to be completed within one year. Shareholders
Apple is releasing iOS security patches early to quickly counter the rapid development of AI-driven hacking tools.
Switzerland is easing standards for US cars and medical devices to secure a trade pact and stabilize economic ties amid tariff talks.
The US and Iran agree to halt hostilities and resume diplomatic talks in Qatar following a dangerous escalation of missile and drone strikes in the Gulf.
Pandora and Swarovski lose ground in China as young shoppers ditch affordable fashion jewelry for gold and lab-grown diamonds.
UK house prices fell 0.1% in May, marking three consecutive months of decline. Geopolitical uncertainty surrounding the Iran war and elevated mortgage rates continue to dampen demand and stretch affordability for buyers.
U.S. shoppers spent $26.4 billion during Prime Day, a 9.3% increase driven by discounts and tax refunds. However, smaller average order sizes signal consumer fatigue.
The PBOC launched overnight reverse repo operations at 1.25%, injecting 300 billion yuan. This tool aims to stabilize liquidity and modernize China's policy framework.
ASML dominates the chip industry with its $400 million "high-NA" EUV lithography machines, essential for producing the dense, powerful chips required by the AI boom. While ASML's massive engineering feats maintain Moore's Law, its monopoly faces geopolitical pressure and emerging competitors like Substrate and Lace Lithography, which seek to disrupt the market with alternative technologies.
Oil prices climbed as renewed U.S.-Iran strikes disrupted shipping in the Strait of Hormuz. While both nations agreed to renew peace talks, market concerns remain high over supply constraints and potential infrastructure damage.
Semiconductor stocks have skyrocketed in the first half of 2026, fueled by massive AI infrastructure demand. While hardware makers like SK Hynix and Sandisk see triple-digit gains, software giants have faltered as investors rotate their portfolios.
Toyota global sales fell 7.2% in May, marking a four-month slide. Drops in China and the Middle East offset growth in Japan. Global production also dipped 5.5%.
Faced with intense pressure from nimble Chinese electric vehicle competitors and shifting global markets, European automotive giant Volkswagen is weighing a drastic restructuring strategy. The proposal, reportedly outlined by CEO Oliver Blume, could eliminate up to 100,000 global positions—twice the size of earlier workforce reduction goals. To offset multi-billion euro operational pressures, the sweeping cost-cutting measures target the medium-term closure
The Tokyo Stock Exchange's stricter rules are forcing many Japanese companies to dual-list on regional exchanges like Nagoya to preserve their listed status.
Apple hiked MacBook and iPad prices by up to 20% due to soaring memory and storage costs driven by AI demand. Analysts warn the iPhone could be hit next.
The BIS warns that stablecoins have structural flaws risking financial stability, suggesting a "unified ledger" for tokenized money as a safer alternative.