Economy
MONY Group Posts Record H1 Revenue, Backs Full-Year Outlook
The company attributed its historic first-half revenue to artificial intelligence initiatives, maintaining its full-year guidance.
Vår Energi ASA Releases Q2 2026 Results
Norwegian oil and gas firm updates market on performance following its merger with BlueNord to form a European energy giant.
Goldman Sachs: Brent Could Top $120 If Hormuz Disruptions Persist
The investment bank warns that prolonged trade interruptions in the strait could drive Brent crude toward the $120 mark by Q4, while forecasting an average price of $100 per barrel for next year.
Hungary's OTP Bank Signs Agreement to Acquire Baltic Lender Luminor
The deal marks the largest acquisition in OTP Bank's history.
Alfa Laval Q2 Profit Flat, Warns of Slowing Demand
Alfa Laval's second-quarter earnings showed no increase, and the company alerted to a deceleration in customer demand.
UK wage growth steady, job vacancies fall in three months to May
Vacancies fell by nearly half from their 2022 peak, though wage growth and unemployment held steady, official data revealed.
Mitie suspends £100m share buyback amid OCS takeover offer
The facilities management group halts its share repurchase program as a rival outsourcer makes a takeover bid.
HKEX to Allow Confidential Filings, Lower Market Cap Threshold for Start-ups
Reforms aimed at boosting competitiveness expected by end of month, sources say.
SEC Sues Mining Automatic and Founder Over Alleged $22M Crypto Mining Scheme
The SEC claims the company used only a small portion of investor funds for mining while promising guaranteed returns to over 380 investors.
Icahn Enterprises to Sell Pep Boys to Mavis for $700 Million
The deal, reported by the Wall Street Journal, marks a major transaction in the auto-service industry.
New Zealand Q2 Inflation Hits 4.1%, Above Forecasts
Annual inflation accelerates to highest in over two years, driven by fuel costs.
W. R. Berkley Q2 2026 profit rises, beats estimates; shares dip
Property-casualty insurer cites strong underwriting for earnings growth.
TSX ticks lower amid Mideast tensions, upcoming tech earnings
Canadian and U.S. markets decline as geopolitical jitters and pre-earnings caution dampen investor sentiment.
Alcoa stock pares losses after Trump aluminum tariff action
President Trump signed a proclamation to adjust tariffs on aluminum imports, helping Alcoa shares recover from earlier losses.
Bitcoin Japan Holds No Bitcoin, Plans $60M Raise with EVO Fund to Buy Some
Metaplanet subsidiary Bitcoin Japan, having previously raised funds for investments in SpaceX and Figure AI, plans to acquire bitcoin with a new $60 million raise from EVO Fund despite a market downturn.
Chevron Shuts Gulf of Mexico Production as Storm Approaches
Production halted at a facility in the US Gulf of Mexico in preparation for a developing tropical storm.
National Bank of Canada Weighs SRT Tied to Project Finance Deals
The bank is gauging investor interest in risk transfer instruments linked to project finance loans like other lenders who are exploring these tools to manage and create capacity on their balance sheets.
Bernstein lifts Robinhood target to $160, sees prediction markets revenue overtaking crypto
Analyst flags diversification from traditional crypto trading as prediction markets, Robinhood Chain, and tokenized equities drive growth outlook.
Tempus AI Acquires Personalis for $1.5 Billion; Shares Decline
The acquisition aims to boost MRD testing capabilities, while analysts adjust ratings.
Upbit parent Dunamu faces regulatory sanctions process in South Korea: Report
The regulatory action follows a $30 million hack on Upbit nearly eight months ago, amid a legal framework that lacks explicit sanctions for such incidents.
Japanese logistics firm plans JPYC stablecoin payments to drivers
AZ-Com Maruwa aims to pay thousands of contractors with yen-pegged digital currency in a first for Japan
Bank of Korea Plans September Launch for Second Phase of CBDC Pilot
The second phase includes nine banks, two of which are regional, and will test government subsidy payments via tokenized deposits along with new payment features.
Jingye Steel urges UK to compensate for British Steel losses
Chinese firm seeks damages following state takeover of steelmaker
SpaceX shares drop below IPO price for first time
Stock falls to $134, undercutting the $135 listing price set during last month's public offering.
Jersey Mike’s Backers Seek Up to $1.09 Billion in US IPO
Sandwich chain begins roadshow as consumer companies join US listing rebound.
US Gasoline Prices Rise Above $4 Per Gallon
Sources cite different factors for the price increase, including conflict and seasonal demand.
Philippine Airlines signs for 15 Boeing 787-10s with options for five more
The airline has signed a firm order for 15 787-10s, with purchase rights for five more.
Wall Street Declares 'The Magnificent Seven' Grouping No Longer Relevant for AI Trade
Strategists say the once-popular market moniker has lost its significance as the sector underperforms.