Markets
Oil Prices Jump on Mideast Flare-Up; AI-Led Retreat Hits Asian Stocks
Oil prices surged early Tuesday as intensified fighting in the Middle East raised supply concerns, while Asian markets declined, primarily dragged by...
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Economy
Gas Price Drop Likely Slowed Inflation Last Month
Falling gas prices are expected to have curbed inflation in June, offering consumers a reprieve. However, renewed Middle East conflict is driving...
Finance
Tata Power Seeks $450 Million Offshore Loan Backed by Foreign Units
Tata Power is in talks with banks to secure a $450 million overseas loan, leveraging shares in its Indonesian and Singaporean subsidiaries...
Stocks
FDA Clears Subcutaneous Leqembi Iqlik for At-Home Use
The FDA has approved Biogen and Eisai's Leqembi Iqlik, a subcutaneous version of their Alzheimer's treatment, for initiation and maintenance dosing, including...
World Business
UK-Switzerland Deal Unlocks £5.2bn Exports, E-Gates for Britons
The UK and Switzerland have signed a new services trade deal, projected to boost UK exports by £5.2bn annually and allowing Britons...
Stocks
Lean Hog Futures Register Declines Across Board on Monday
Lean hog futures closed lower across all active contracts on Monday, with declines ranging from 42 cents to $1.70. This occurred despite...
Stocks
French Heatwave Strains Infrastructure; Global Logistics, Defense IPO in Focus
France's infrastructure suffers heatwave strain with power outages and melting roads. Separately, 11,000 sailors are evacuated in Hormuz, and KNDS plans an...
Finance
Robinhood Eyes First Card Receivables Bond Sale for Up to $500 Million
Robinhood is reportedly gauging investor interest for its first sale of $400M-$500M in asset-backed securities, including a bond backed by its consumer...
Investing
Australia Blocks China Investors’ Rights in Rare-Earths Miner After Defiance
Australia has blocked three China-linked shareholders of Northern Minerals Ltd. from voting or exercising rights after they defied orders to sell their...
Stocks
GSK Jemperli Shows Sustained Response in Rectal Cancer Trial
GSK's Jemperli (dostarlimab) achieved a sustained complete clinical response rate at one year in a Phase 2 trial for specific rectal cancer...
Markets
Tokyo Market Extends Gains, Nikkei Nears 27,000
The Japanese stock market registered modest gains on Monday, with the Nikkei 225 nearing the 27,000 mark, extending Friday's rally despite lingering...
Investing
Berlin’s Fiscal Shift, Google’s EU Loss, Swift’s $20M NYC Bonanza
Germany enacts new tax and pension reforms, Google faces a final EU court defeat, and a Swift wedding projects a $20M economic...