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Economy

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Gram gold opens higher in Turkey on August 4

Gold prices rose 0.2% from the previous close as ongoing US-Iran talks kept geopolitical risks in focus.

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Lufthansa cuts 2026 outlook as Q2 profit hit by fuel costs, strikes

The German airline warned of heightened uncertainty and cited jet fuel price volatility and shorter booking cycles as challenges.

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Toyota Q1 profit dips; announces buyback, hikes FY outlook

Resilient hybrid demand and weak yen offset rising costs, tariffs, and supply disruptions.

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Bank of Japan's JGB Purchase Reductions Impact Markets

The central bank's plan to scale back bond purchases is improving market functioning and allowing long-term interest rates to form more freely.

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South Korea weighs tighter curbs on high-risk leveraged ETFs

Authorities are considering new measures to rein in single-stock leveraged ETFs after retail investors suffered steep losses and trading volumes tumbled.

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Only 8 of 29 European countries raised minimum wage in 2026

Eurostat data shows diverging fortunes: nominal increases in a few states.

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Bayer tops Q2 estimates on Crop Science strength, lowers debt outlook

The company's second-quarter profit exceeded expectations, supported by its crop science division, while it also revised its debt forecast.

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Jim Cramer says FDA approval makes J&J a high-tech innovator

The FDA granted De Novo marketing authorization for Johnson & Johnson's OTTAVA Robotic Surgical System, the world's first table-integrated soft-tissue robotic platform.

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Douglas Dynamics posts record Q2 2026

The company raised its full-year outlook despite higher costs and a pause in orders from some fleet customers.

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Mastercard completes $1.8 billion acquisition of BVNK

Mastercard stated the deal integrates stablecoin infrastructure into its global network for cross-border payments and treasury flows.

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Nippon Electric Glass Stock Plunges Today

Shares of the Japanese glassmaker fell sharply in trading, though the company has not yet issued a statement.

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Dow Rallies 550 Points on Trump Reversal; Oil Prices Plunge

Blue-chip index gains as investors react to shift in US trade stance, while crude slides.

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Qantas exits Jetstar Japan in $52 million share buyback deal

The Australian carrier is selling its stake in the budget airline.

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LY Corporation Q1 FY2026 Profit Surges 23%

The company highlighted growing traction in its AI initiatives during the quarterly earnings call.

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South Korea's July Inflation Slows to 2.8%, Below Expectations

Consumer prices ease for the first time in eight months on a monthly basis, though core inflation accelerates.

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Snap reports second-quarter revenue and earnings beat expectations

The company forecasts third-quarter sales above analyst estimates amid momentum in advertising.

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DexCom technical analysis suggests potential new impulsive cycle

Elliott Wave patterns indicate bullish targets if resistance levels are breached

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Beiersdorf lowers 2026 financial targets amid Nivea sales slowdown

German consumer goods company cites slower recovery for Nivea brand and Middle East conflict disruptions.

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Venezuela oil exports plunge in July

Reduced demand from India follows a pause in the Iran war that released Middle Eastern supply.

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Boeing stock rises following double upgrade

Analysts suggest shares have the potential to reach $450.

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Brazil’s oil production reaches record high in June

Rising supplies from non-Middle East producers offset disruptions caused by conflict in Iran

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UBS fined $125 million by US regulators for money laundering violations

The settlement addresses allegations of willful and repeated violations of anti-money laundering rules by a UBS subsidiary.

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Stabilus Q3 profit rises on business disposals despite lower revenue

Third-quarter revenue fell roughly 4% as company focuses on debt reduction following business sales

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Lindblad Expeditions shares rise 4% on second-quarter earnings beat

The company reported a 19% increase in revenue and raised its full-year outlook.

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Agnico Eagle targets 20% to 30% increase in annual gold production

The Toronto-based producer outlines growth through organic expansion and new mining projects.

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Marriott International shares decline amid Middle East tensions

Ongoing conflicts in the Middle East are impacting the company's financial performance.

A close-up shot of a 100g gold bar on a red reflective surface.

Deutsche Bank maintains year-end gold target amid 'explosive' price phase

Analysts suggest gold's upward trend remains statistically ongoing since August 2024

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Japan Airlines net profit drops 80.2% despite revenue growth

Rising fuel costs and weaker outbound tourism affected the airline's first-quarter earnings.

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Freedom Holding Corp. acquires 99.31% stake in Turkish Bank A.Ş.

The US-based firm enters the Turkish financial sector following the completion of the share transfer.

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Marriott International beats second-quarter earnings estimates

Revenue fell short of analyst expectations despite adjusted earnings per share exceeding projections.