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Wizz Air warns high fuel costs may wipe out profits
Low-cost carrier swings to loss of almost €200mn between April and June
OpenAI says Apple’s trade secrets lawsuit aims to stop employees leaving
ChatGPT maker seeks to dismiss blockbuster case as it prepares to launch its own AI device
WPP Soars Most on Record After Turnaround Effort Gains Steam
WPP Plc shares soared the most since its 1995 initial public offering after the advertising agency reported its turnaround efforts are gaining momentum.
Is the AI trade back?
Plus, looking ahead to the jobs report
Zurich Insurance Sees No Material Exposure to Wildfires
Zurich Insurance Group AG reported a 13% gain in profit for the first half of 2026 and said it doesn’t expect to have any material …
Japan 30-Year Bond Sale Sees Firmer Demand Than 12-Month Average
Japan’s 30-year bond auction drew stronger demand than its 12-month average as high yields attracted investors.
KRW/USD: Korean Won Rises to Highest Since October on Exporters Dollar Sales
The South Korean won rose to the strongest level in almost 10 months as exporters converted their dollar earnings into the local currency.
Retailer Dien May Xanh Rises in Trading Debut as Market Rebounds
Dien May Xanh Investment JSC, an electronics retail chain unit of Mobile World Investment Corp., rose in its trading debut on Thursday amid a broader …
Iran Says Agreement on Hormuz Shipping Reached With Oman
Iran said it had reached an agreement with Oman on a proposed route for shipping through the Strait of Hormuz, a potential step toward a …
‘Every dollar is mobile’: California’s rich snap up New Zealand ‘golden visas’
Applications for indefinite right to work, live and study in the country have risen after rules were eased
US Policies Reignite Debate Over ‘Sell America’ Trade Strategy
Global bond and currency investors are debating if it’s time to dust off last year’s ‘Sell America’ trade after a flurry of economic-policy decisions out …
Stocks Waver as Traders Await Iran Deal, Jobs Data: Markets Wrap
Stocks struggled for direction amid weakness in the technology sector, with investors awaiting developments in US-Iran talks and looking ahead to Friday’s key US jobs …
Latest Oil Market News and Analysis for Aug. 6
Oil held losses as Iran said it reached an agreement with Oman on a proposed shipping route through the Strait of Hormuz, raising the prospect …
Hedge Funds Take Big Hit in July After Bruising AI Selloff
A spate of well-known hedge funds reported steep losses in July as AI shares tumbled, most notably forcing the highly leveraged Situational Awareness to sell …
Fed's Cook 'Prepared to Act' on Rates If Inflation Doesn't Slow
Federal Reserve Governor Lisa Cook cautions that the longer inflation remains above the central bank’s goal, the tougher the job will be to rein it …
MNTN CEO on Disney’s Ad Business, Streaming Wars Outlook
MNTN CEO Mark Douglas discussed the current state of the connected TV and streaming advertising landscape following a strong earnings report from his company, which …
‘Toy Story 5’ box office boosts Disney as US theme parks rebound
Shares rise as entertainment group increases buyback plan
US puts $25mn bounty on top Mexican drug cartel leader
Trump administration makes offer for information on Juan Carlos Valencia González as part of package of up to $102mn in rewards
Phillips 66 Expects Soaring Fuel Margins to Last Into 2027
Fuel-makers enjoying skyrocketing profits will likely keep reaping standout margins through the next quarter and beyond, according to an executive from a top US refiner.
MercadoLibre Drops as E-Commerce Giant Signals More Spending
MercadoLibre Inc. shares slid as analysts signaled worries about the e-commerce giant’s spending plans despite it reporting sales and profits that beat consensus estimates in …
Iran says it has reached agreement with Oman on Hormuz shipping route
Islamic republic is determined to retain a degree of control over the chokepoint
Big US hedge funds targeted by wave of cyber attacks
Point72 and Citadel among firms hit by audio phishing schemes
Bikemaker Accell files for insolvency four years after €1.8bn KKR-led buyout
Announcement by Dutch owner of Raleigh and Babboe brands follows four difficult years since it was taken private
JPMorgan poaches M&A banker Amy Lissauer from Bank of America
Executive will lead activism defence practice at biggest US lender
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