The latest business stories, compared across every source.
A South Korean minister has issued an apology to investors who incurred significant losses from chip-linked leveraged exchange-traded funds (ETFs). The losses occurred amid a rout in chip stock prices.
Heathrow passengers will face higher airfares as the airport has been permitted to recover costs associated with its early expansion plans. This decision allows the airport to recoup investments made towards future development.
Apple Inc. briefly achieved a market capitalization of $5 trillion, becoming only the second company in history to reach this milestone. This surge in value is attributed to investor sentiment on Wall Street.
Indian IT stocks, including TCS, Infosys, and Wipro, experienced a rally while global AI stocks plunged. This surge indicates a comeback for the Indian IT sector as the global AI trade falters.
A business leader in Pampanga has called on the Marcos administration to make resolving corruption a top priority, stating it is a 'defining test' of its leadership.
The Maritime Industry Authority (Marina) announced that the shipping firm owning MV Trisha Kerstin 3, which sank off Basilan, remains suspended and has been fined P3 million, with 66 fatalities confirmed.
Lenovo Group's venture capital arm is intensifying its focus on artificial intelligence for the upcoming industrial cycle, broadening its investments beyond foundational models to include robotics, computing infrastructure, and AI agents.
OTE has announced strong profitability and a record increase in new FTTH (Fiber to the Home) customers. This positive performance indicates significant growth in its telecommunications services.
Fitch Solutions, the research arm of global credit ratings agency Fitch, has projected that Ghana’s inflation will increase in the coming months, reaching 9% by the end of 2026, despite recent gains.
Swiss energy group Glencore reported a significant increase in first-half earnings at its marketing division, with trading profits doubling to $3.3 billion, attributed to turmoil in the Middle East.
Fáilte Ireland has unveiled a new strategy aimed at growing domestic tourism and ensuring its benefits are spread more evenly across the country. The initiative seeks to encourage Irish residents to explore more of their own country, particularly outside traditional tourist hotspots.
Sony is reportedly poised to receive a significant boost from the upcoming 'GTA VI' game release, even as the company faces challenges from fluctuating memory prices.
An analysis suggests that despite the perception of 'free stuff' in Norway, the actual cost of living and services still amounts to half of the average pay, prompting comparisons with other countries.
Daniel Ong, known for his previous venture Twelve Cupcakes, announced the closure of his last Dan's Steaks outlet, citing the immense challenges and rising costs of running a small business.
Hermes International reported GAAP EPS of €21.32 and revenue of €8.16 billion, while Toromont posted GAAP EPS of C$1.51 and revenue of C$1.6 billion. Both companies demonstrated robust financial performance in their latest earnings reports.
German industry is experiencing substantial job losses, with Volkswagen planning to cut over 50,000 jobs globally and its subsidiary Porsche announcing an additional 5,000 job reductions, bringing its total to 9,000 by 2035, as part of broader restructuring efforts.
The Department of Social Welfare and Development (DSWD) has begun distributing P113.5 million in emergency cash transfers to over 11,000 farmers in Negros whose farms were impacted by a red-striped soft scale insect infestation.
Bohol Light Company Inc. (BLCI) in the Philippines has clarified that its distribution of Bill Deposit Adjustment notices is part of a routine annual review, not a precursor to disconnections.
Hawkers and market stallholders in Singapore are set to receive up to S$1,200 in rental support, a measure recognizing their social and community contributions, according to the Ministry of Finance.
The EU envoy Soreca has commended Bosnia and Herzegovina's significant progress towards integrating into the Single Euro Payments Area (SEPA), which aims to provide more affordable cross-border financial transactions for citizens and businesses.
Several companies, including Tilray, Clearwater Paper, XPLR, and Innio, have released their adjusted EBITDA projections for fiscal years ranging from 2026 to 2027. These forecasts highlight anticipated financial performance driven by factors such as margin expansion, price increases, and capacity growth.
European equities advanced while gold prices edged lower as investors awaited the Federal Reserve's upcoming decision on interest rates. The market is closely watching for signals on future monetary policy.
Hitachi announced that it surpassed its top-line and bottom-line financial estimates, leading the company to revise its guidance upward for fiscal year 2026.
Enaon, the Greek gas distribution subsidiary of Italy’s Italgas, has outlined a new Strategic Plan for 2026-2032, which includes investments totaling 1 billion euros for the development and digital transformation of Greece's natural gas distribution network.
BMW AG is offering voluntary severance packages to thousands of its workers in Germany as part of an effort to streamline operations and enhance competitiveness against rivals, particularly from China.
Nigerian telecommunications operators are advocating for enhanced infrastructure protection to sustain the country's significant digital growth, which has been a major economic success story for over two decades.
The Port of Thessaloniki has received one of the world's largest car carriers, the M/V Anji Ansheng, delivering 119 electric buses. This shipment marks a significant step towards modernizing public transportation with environmentally friendly vehicles.
Prime Minister Datuk Seri Anwar Ibrahim has confirmed that the Royal Commission of Inquiry (RCI) report on Tabung Haji will be publicly released today.
The National Grid Corporation of the Philippines (NGCP) clarified that electricity consumers are not charged for transmission technical system loss, responding to President Ferdinand Marcos Jr.'s recent call.
Official data reveals that advanced technologies, including AI, cloud computing, and big data, now account for one in six valid invention patents in China.
A new S$900 million package has been introduced in Singapore, offering cash grants of up to S$2,500 and an enhanced loan scheme to help small- and medium-sized enterprises manage cashflow pressures.
Reckitt Benckiser announced it is implementing moderate price increases across most markets, including the UK, to offset rising cost pressures, partly attributed to the Iran war.
Analysts Lizzy Burden, Anna Edwards, and Mark Cudmore discussed key themes for investors, anticipating a return to market correlation by the end of the month.
Britain's energy regulator, Ofgem, is proposing that datacentre projects pay significant upfront fees or provide financial security to secure energy connections, aiming to ease the grid connection queue.
Azimut Holding SpA has agreed to acquire Turkey’s Yapi Kredi Portfoy Yonetimi AS, a deal that will establish the Italian firm as the largest private portfolio manager in Turkey.
Former Prime Minister Manmohan Singh has received a clean chit from the Supreme Court in a coal block allocation case. The decision comes two years after his death, clearing his name in the long-standing legal matter.
CVC Capital Partners Plc is reportedly exploring the sale of its Chinese retail pharmacy chain, Xi’an Yikang Pharmaceutical Co., according to sources familiar with the matter.
SK Hynix's disappointing profit, despite a 557% increase, has led to a significant drop in its stock and contributed to a broader decline in tech and AI-related shares across Asia. Concerns over AI debt and a Chinese chip-making breakthrough are also impacting semiconductor stocks globally.
Laptops in Nigeria may see price increases following a 4.9% drop in global PC shipments to 68.2 million units in Q2 2026, impacting students, entrepreneurs, and professionals.
Kering reported second-quarter revenue that surpassed expectations for a flat trend, indicating that its Gucci brand is showing signs of recovery and gaining traction in the market.