Global equities fell sharply and oil prices surged on Wednesday after the United States launched airstrikes on more than 80 targets in Iran and President Donald Trump declared an end to a temporary ce…
U.S. airline shares fell sharply after President Donald Trump declared an end to the ceasefire with Iran and threatened further strikes, sending crude oil prices higher and reviving fears over jet fue…
Polestar delivered 30,423 vehicles in the first half of 2026, a marginal 0.4% increase from a year earlier, as the Swedish-Chinese electric vehicle maker navigates an impending exclusion from the US m…
SK Hynix is set to price a roughly $28 billion U.S. share sale on Wednesday, with trading on the Nasdaq expected to begin Thursday, in what ranks as the world's second-largest equity offering after Sp…
AstraZeneca shares fell as much as 11% in London trading on Wednesday, erasing roughly $27 billion in market value, after the company announced that its experimental heart drug Wainua failed a pivotal…
The Internal Revenue Service has launched an online tool allowing taxpayers to electronically file Form 843 to claim refunds for penalties and interest paid during the COVID-19 pandemic, with the dead…
Meta plans to construct its first Canadian data center in Alberta, a 1-gigawatt facility costing roughly $9.18 billion that will become the company’s 33rd such site globally. The project in Sturgeon C…
A U.S. federal judge approved a settlement between the Securities and Exchange Commission and Elon Musk on Wednesday, ending a dispute over his disclosure of Twitter share purchases. Judge Sparkle Soo…
Fast Retailing raised its full-year profit and revenue forecasts on Wednesday after a robust third quarter, positioning the Uniqlo parent to overtake H&M in annual sales for the first time. The Japane…
PepsiCo reported a sharp jump in second-quarter earnings and revenue that topped Wall Street forecasts, though the results highlighted shifting consumer habits among U.S. shoppers. The company posted…
German exports rose 0.9 percent in May to 137.9 billion euros, marking a fourth consecutive month of growth as strong demand from the United States offset weaker trade with European partners. Shipment…
The General Court of the European Union dismissed Apple's legal challenges to its designation as a digital gatekeeper, dealing a blow to the U.S. tech giant on Wednesday and upholding the European Com…
The International Monetary Fund has lowered its 2026 global growth projection to 3.0%, a 0.1 percentage-point cut from April, while lifting its 2027 estimate to 3.4%. The revision comes as global infl…
Investors have suffered roughly $3.81 billion in collective losses on the TRUMP memecoin, with nearly 989,000 wallets holding the token in the red, according to market data. Two-thirds of all wallets…
Apple Inc. and Broadcom Inc. have deepened their manufacturing partnership with a deal to produce more than 15 billion chips on American soil, anchoring the tech giant's push to shift critical supply…
Several Federal Reserve policymakers favoured raising interest rates at the central bank's June meeting, minutes released Wednesday show, revealing a growing policy divide even as the committee voted…
Walmart has slashed the price of ground beef by 12 percent and discounted thousands of other items in a summer promotion, a move President Donald Trump said came at his administration's request to mar…
Global equity markets fell on Tuesday as a rout in semiconductor stocks offset strong earnings from Samsung Electronics. South Korea's Kospi tumbled 4.9 percent, with Samsung shares dropping nearly 7…
Oregon's attorney general will ask a court to pause Paramount Global's $110 billion acquisition of Warner Bros. for 60 days and compel the company to hand over internal documents, escalating state-lev…
United Airlines faces a class-action lawsuit seeking millions in damages on behalf of more than 1 million passengers who paid extra for window seats that offered no outside view. A federal judge in Sa…
Apple Inc. and Broadcom Inc. have extended their chip supply partnership through 2031 in a multi-year agreement expected to exceed $30 billion, underscoring Broadcom's position as a cornerstone of App…
Mercedes-Benz sold 1.01 million vehicles worldwide in the first half of 2026, a 6% decline from a year earlier, as the German automaker grappled with a sharp downturn in Chinese demand. Deliveries in…
The United States revoked a waiver permitting Iranian oil sales on Tuesday, reinstating sanctions just weeks after they were eased, as oil prices surged and three tankers were attacked in or near the…
Blue Origin has secured about $10 billion in its first external funding round, valuing Jeff Bezos's space venture at roughly $130 billion. The raise comes weeks after rival SpaceX completed an initial…
SpaceX joined the Nasdaq-100 index on Monday, less than a month after raising $75 billion in the largest initial public offering on record. The rocket maker became eligible for inclusion just 15 tradi…
The US trade deficit widened sharply to $77.6 billion in May, the largest gap since March 2025, driven by a surge in imports that outpaced declining exports. Imports climbed 3.3 percent to $395.3 bill…