Oil retreats, markets stabilize as Trump says Iran wants to negotiate

Global markets began to recover on Thursday as oil prices pulled back from their midweek highs and reports…

Strait of Hormuz shipping grinds to near halt after second night of US strikes on Iran

Commercial shipping through the Strait of Hormuz ground to a near standstill on Thursday after the United States…

Honeywell Aero develops defense products for Europe outside US export controls

Honeywell Aerospace is expanding its development of defense products designed without restricted US technologies, aiming to tap into…

OpenAI launches GPT-5.6 after U.S. security review

OpenAI will publicly release GPT-5.6, its most advanced AI model family, on Thursday after the Trump administration cleared…

France says its antitrust probe into Nvidia nearing end

France's competition authority said on Thursday that its antitrust investigation into Nvidia is coming to an end, according…

Cerebras to invest billions in European AI data centers

Cerebras Systems, the California-based AI chip maker, announced on Thursday a major expansion of its European infrastructure, pledging…

MiniMax plans 2.7 trillion-parameter open-weight AI model, the largest from a Chinese firm

Chinese AI startup MiniMax Group is developing a large language model with 2.7 trillion parameters that it plans…

Prologis goes public with case for £12.6B Segro deal

Prologis escalated its pursuit of UK warehouse giant Segro on Wednesday, publishing a new investor presentation urging shareholders…

China, India shed over 130,000 tech jobs in AI-driven shift

A sweeping wave of AI-driven job cuts is reshaping the technology workforces of Asia's two largest economies, with…

Euro zone bond yields dip after Iran-driven selloff

Euro zone government bond yields edged lower on Thursday as oil prices steadied, though borrowing costs remained near…

EU ban on Chinese inverters to disrupt 28 GW of solar demand through 2030

The European Union's decision to block public funding for solar inverters from China and other countries it deems…

Uniqlo owner Fast Retailing raises forecast after Q3 profit jumps 46%

Fast Retailing, the Japanese owner of clothing brand Uniqlo, reported on Thursday that its third-quarter operating profit surged…

Swift activates blockchain ledger for 24/7 payments

SWIFT announced on Wednesday that its blockchain-based ledger is ready for initial use, with 17 major banks from…

Emerging markets stabilize after Trump declares Iran deal ‘over’

Emerging-market assets came under pressure on Wednesday after President Donald Trump declared the interim Iran deal "over," sending…

U.S. diesel futures post biggest gain in 4 years after Russia bans exports

U.S. diesel futures posted their largest single-day gain in four years on Wednesday after Russia announced a temporary…

WHO report finds vast gap in breast cancer survival

The World Health Organization published the first-ever global breast cancer survival estimates on July 8, showing that a…

Hugo Boss board rejects Frasers’ €2B takeover bid

Hugo Boss on Thursday unanimously recommended that shareholders reject a takeover offer from Frasers Group, calling the British…

Microsoft patches RoguePlanet Defender zero-day flaw

Microsoft has released a security update for the Microsoft Malware Protection Engine to address CVE-2026-50656, a zero-day vulnerability…

SEC clears legal hurdle for UBS crisis-resolution plan

The U.S. Securities and Exchange Commission on Wednesday told UBS Group it would not take enforcement action if…

Venture Global’s LNG fees jump 69% amid Iran war

Venture Global, the U.S. liquefied natural gas producer, said on Wednesday that its average liquefaction fees surged 69%…

Biotech M&A in 2026 already surpasses all of 2025

Biotech dealmaking has reached a "torrid pace" in 2026, with more transactions exceeding $1 billion already completed this…

European shares rebound after Trump signals Iran deal

European shares recovered on Thursday after their steepest sell-off since March, as U.S. President Donald Trump suggested that…

Silver slides below $60 as US-Iran strikes and hawkish Fed minutes rattle markets

Silver prices tumbled on Tuesday and Wednesday as the United States launched two consecutive nights of airstrikes against…

Eurogroup meets as Middle East energy shock fuels EU inflation fears

Euro area finance ministers met in Brussels on Wednesday for a Eurogroup session overshadowed by a fresh Middle…

Asian stocks rebound as oil pulls back from highs amid US-Iran tensions

Global markets steadied on Thursday after a volatile stretch driven by escalating US-Iran hostilities, with oil prices pulling…

EU accepts binding commitments from SAP over ERP support practices

The European Commission on Wednesday accepted binding commitments from SAP to address competition concerns over its on-premises ERP…

Gulf Q2 earnings to reveal Iran war’s uneven toll

Companies across the Gulf region are beginning to report second-quarter earnings this week, offering investors the clearest picture…

China 10-year bond auction hits all-time demand record

China's benchmark 10-year sovereign bond auction on Wednesday drew the strongest demand ever recorded, with the bid-to-cover ratio…

China promotes open AI at UN while weighing export curbs

At the same moment Chinese officials were promoting open-source artificial intelligence as a tool for global development at…

Fed minutes reveal deep rate divide as yen holds near 40-year lows

The Japanese yen is trading near 40-year lows against the U.S. dollar, hovering around 162 per dollar as…