Barclays is expanding its investment banking team across the Asia-Pacific region to focus on fee-rich advisory, M&A, and milestone transactions a year after restructuring its regional operations.
After months of resistance, Commerzbank has agreed to enter formal negotiations with Italian banking giant UniCredit regarding a potential acquisition.
The U.S. Federal Aviation Administration (FAA) issued a proposed airworthiness directive requiring inspections on hundreds of Boeing 737 MAX aircraft due to improperly installed passenger seat assemblies.
J&J agreed to an uncapped $5.5B+ settlement to resolve ~76,000 ovarian cancer lawsuits, ending a decade of legal battles over its talc products.
German luxury sports carmaker Porsche has agreed with labor representatives to cut 5,000 additional jobs by 2035 under a second round of structural restructuring measures.
Swedish defense manufacturer Saab has secured a 10.1 billion Swedish crown ($1.04 billion) order for two GlobalEye surveillance aircraft from an undisclosed Middle Eastern nation.
Australian PM Anthony Albanese will raise objections directly with Donald Trump over unjustified 12.5% tariffs imposed on Australian imports by the US.
Swiss lawmakers plan to lower proposed $20B capital requirements for UBS, balancing taxpayer safety with the bank's global competitiveness.
AstraZeneca's Q2 core earnings rose 18% to $2.63 per share, beating estimates. Strong cancer drug sales helped back its full-year 2026 growth forecast.
Brent crude fell to $90.58 and WTI to $83.51 after a pause in US-Iran attacks raised hopes for diplomacy, though Strait of Hormuz shipping remains low.
Intel reported strong second-quarter financial results, posting $16.1 billion in revenue (up 25% YoY)—its fastest revenue growth rate in nearly 15 years.
HSBC has agreed to sell its life and health insurance business in Singapore to Allianz for S$2.7 billion ($2.1 billion) as part of a strategic pivot toward a capital-light bancassurance model.
The U.S. Department of Defense has announced a nearly $7 billion, up-to-10-year agreement with Oracle to consolidate its on-premises software licenses across the military.
Volkswagen abandoned its full-year sales growth guidance and reported a 9.5% drop in Q2 operating profit to €3.5 billion ($3.98B), dragged down by tariffs, trade conflicts, and aggressive competition from Chinese EV rivals.
Swiss food giant Nestlé is lobbying U.S. health authorities—including Health Secretary Robert F. Kennedy Jr.'s team—to allow simpler ingredient descriptions on packaging.
Nasdaq beat Q2 earnings estimates with $1.07 per share (vs. $0.98 expected) and net revenue of $1.5 billion (+15% YoY).
American Airlines trimmed its full-year earnings outlook as renewed U.S.-Iran conflict and escalating Middle East tensions drive jet fuel prices back up.
Alphabet's Google was fined €890 million ($1 billion) by the European Commission for violations under the Digital Markets Act (DMA).
IBM has agreed to acquire California-based HRL Laboratories, jointly owned by Boeing and General Motors, shifting to a two-track quantum computing strategy.
T-Mobile raised its full-year adjusted free cash flow outlook to $18.4 billion–$18.8 billion (up from $18.1B–$18.7B) and beat Q2 profit estimates, driven by customer migration to premium plans.
Equinor CEO Anders Opedal warned that Europe may fail to reach its 80% natural gas storage target before winter, citing fierce competition for global LNG supplies and supply-chain pressures.
Dow Inc. beat Wall Street's second-quarter profit expectations, driven by cost-cutting initiatives and higher plastics pricing resulting from Middle East supply disruptions.
Nestlé announced plans to raise around €3 billion in cash by spinning off its global water business into a 50-50 joint venture with U.S. private equity firm Platinum Equity.
French oil giant TotalEnergies reported a 67% increase in second-quarter net profit, driven by elevated oil prices and boosted refining margins linked to ongoing Middle East conflict.