France’s Safran raised its full-year financial targets after reporting stronger-than-expected first-half 2024 results on Tuesday, supported by robust demand for aircraft engine maintenance and spare parts. The French aerospace group, one of the world’s largest suppliers of aircraft equipment and the co-owner of the CFM jet engine joint venture with...
Bitcoin fell in early Asia trading on Tuesday, sliding as much as 2.3% to US$63,414 by 9 a.m. in Singapore, its lowest level in 11 days, as investors weighed the risk of higher US interest rates. Ether dropped about 3.6%. Citadel Securities expects the US Federal Reserve to raise rates...
Nvidia Corporation’s credit risk climbed sharply on Monday after reports that the US-based chipmaker is in talks over more than $750 billion of artificial intelligence infrastructure deals. Five-year credit-default swaps on Nvidia, which insure against a debt default, rose intraday by as much as 0.14 percentage point to 0.82 percentage...
NEW YORK, July 27 (Reuters) - Wall Street's main indexes opened higher on Monday as a pause in hostilities between the United States and Iran lifted risk appetite and supported a broad-based move into equities. The easing of geopolitical tensions improved sentiment at the start of a week that investors...
Tesla has secured a UK Supreme Court ruling allowing it to revive a London High Court lawsuit over licensing terms for 5G patents ahead of its planned launch of 5G-enabled vehicles in Britain. The electric carmaker sued U.S. technology company InterDigital and patent licensing platform Avanci in 2023, asking the...
The United States is struggling to meet a January 1, 2027 deadline to end reliance on Chinese and certain other foreign critical minerals, despite major federal investment. President Donald Trump has framed domestic mining and processing of rare earths and other strategic materials as a national security priority since returning...
Nvidia Corp is in advanced talks to provide a financial backstop of about $250 billion to support OpenAI’s planned 10‑gigawatt data center campus in Piketon, southern Ohio, according to reports confirmed on July 27, 2026. The project’s total capital expenditure is expected to exceed $500 billion, covering specialized power infrastructure,...
WASHINGTON — Federal Reserve officials are gathering in Washington, D.C., for a two-day Federal Open Market Committee meeting starting Tuesday, July 28, 2026, as they confront renewed energy-driven inflation pressures and heightened policy uncertainty. Since early 2026, the Fed has held its benchmark federal funds rate in a restrictive 3.50–3.75...
Paramount Skydance has agreed to delay its planned $111 billion merger with Warner Bros. Discovery until after an antitrust trial, following a lawsuit filed on July 13 by California and 11 other U.S. states in the Northern District of California. The state attorneys general argue the deal would weaken competition...
U.S. financial stocks fell sharply on Monday, July 27, after the insolvency of UK-based private credit firm Market Financial Solutions (MFS) unnerved investors. Shares of major Wall Street institutions with exposure to MFS were hit hardest: Morgan Stanley dropped more than 6%, Goldman Sachs over 7%, and Jefferies more than...
