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© Yum Brands Sells Pizza Hut for $2.7 Billion Amid Fast-Food Industry Challenges

Yum Brands Sells Pizza Hut for $2.7 Billion Amid Fast-Food Industry Challenges

Yum Brands has announced the sale of Pizza Hut in a deal valued at $2.7 billion, marking a significant shift in the company's portfolio as fast-food operators navigate rising costs, changing consumer ...

© Spain Held by Cape Verde as Sweden Cruise Past Tunisia in FIFA World Cup Opener

Spain Held by Cape Verde as Sweden Cruise Past Tunisia in FIFA World Cup Opener

Spain's FIFA World Cup campaign got off to an unexpected start after the tournament favourites were held to a goalless draw by Cape Verde in their opening Group H fixture, while Sweden produced a comm...

© SoftBank Surges More Than 12% as US-Iran Peace Deal Fuels Rally in Asian Tech Stocks

SoftBank Surges More Than 12% as US-Iran Peace Deal Fuels Rally in Asian Tech Stocks

Asian technology stocks rallied sharply on Monday as investors welcomed reports of a peace agreement between the United States and Iran, easing concerns over geopolitical tensions and boosting appetit...

© Oil Prices Fall Below $90 as Traders Reassess Hormuz Supply Risks

Oil Prices Fall Below $90 as Traders Reassess Hormuz Supply Risks

Global crude oil prices declined sharply on Friday, with major benchmarks falling below the $90-per-barrel level as concerns over potential supply disruptions in the Strait of Hormuz eased and traders...

© SpaceX IPO Set to Create Thousands of Millionaires Across Workforce

SpaceX IPO Set to Create Thousands of Millionaires Across Workforce

SpaceX’s long-awaited stock market debut is expected to transform the financial futures of thousands of employees, with reports suggesting that workers across multiple levels of the company could bene...

© US Inflation Climbs to 4.2% in May, Reaching Highest Level in Three Years

US Inflation Climbs to 4.2% in May, Reaching Highest Level in Three Years

Inflation in the United States accelerated to 4.2% in May, marking its highest annual rate in three years as rising fuel costs continued to pressure consumers and influence monetary policy expectation...

© Airbus-Led Consortium Proposes Alternative Fighter Jet Program Following FCAS Collapse

Airbus-Led Consortium Proposes Alternative Fighter Jet Program Following FCAS Collapse

A consortium led by Airbus has proposed a new next-generation fighter jet programme to the German government following the collapse of the Franco-German Future Combat Air System (FCAS), one of Europe'...

© Soaring Jet Fuel Costs Slash Global Airline Profit Forecasts Despite Record Passenger Demand

Soaring Jet Fuel Costs Slash Global Airline Profit Forecasts Despite Record Passenger Demand

The global airline industry is expected to see its profits nearly halved in 2026 as escalating jet fuel costs, driven by ongoing conflict in the Middle East, offset strong revenue growth and record pa...

© Asian Tech Stocks Tumble as Global AI Rally Loses Momentum

Asian Tech Stocks Tumble as Global AI Rally Loses Momentum

The decline comes after the Nasdaq, heavily weighted toward technology companies, fell more than 4.5% last week, raising concerns that valuations in the AI sector may have run ahead of fundamentals....

© Oil Prices Slide as Markets Assess Latest US-Iran Tensions Near Strait of Hormuz

Oil Prices Slide as Markets Assess Latest US-Iran Tensions Near Strait of Hormuz

Global oil prices fell sharply on Saturday as investors evaluated the latest military developments between the United States and Iran near the strategically important Strait of Hormuz, while concludin...

© Broadcom Shares Sink 12% as AI Revenue Outlook Fails to Impress Wall Street

Broadcom Shares Sink 12% as AI Revenue Outlook Fails to Impress Wall Street

Shares of Broadcom plunged more than 12% in after-hours trading on Wednesday, wiping out over $300 billion in market value, after investors reacted negatively to the company's latest outlook despite s...

© SoftBank’s Growing OpenAI Bet Sparks Fresh Concerns Over Debt and Liquidity Risks

SoftBank’s Growing OpenAI Bet Sparks Fresh Concerns Over Debt and Liquidity Risks

Investor enthusiasm surrounding artificial intelligence has propelled Japanese technology conglomerate SoftBank Group to become Japan’s most valuable listed company, but analysts are increasingly ques...

© China Tightens Access to U.S. Stocks, Steering Retail Investors Toward Hong Kong

China Tightens Access to U.S. Stocks, Steering Retail Investors Toward Hong Kong

China is stepping up efforts to restrict domestic retail investors' access to U.S. stock markets, a move that analysts say could further strengthen Hong Kong's position as the preferred gateway for Ch...

© Wise Faces Belgian Probe Over Alleged Anti-Money Laundering Control Failures

Wise Faces Belgian Probe Over Alleged Anti-Money Laundering Control Failures

Belgian prosecutors are investigating money transfer firm Wise over allegations that weaknesses in its anti-money laundering controls may have allowed criminal groups to use the platform to move illic...

© Oil Jumps 2% as Israel Expands Lebanon Offensive, Rattling Ceasefire Hopes

Oil Jumps 2% as Israel Expands Lebanon Offensive, Rattling Ceasefire Hopes

Oil prices climbed more than 2% on Monday after Israel ordered its military to expand operations deeper into Lebanon, reigniting concerns about Middle East stability and raising fears that renewed ten...

© Infosys CEO Salil Parekh’s FY26 Pay Rises 2.5% to ₹826 Million, Stock Awards Lead Compensation

Infosys CEO Salil Parekh’s FY26 Pay Rises 2.5% to ₹826 Million, Stock Awards Lead Compensation

Bengaluru, India Infosys Chief Executive Officer Salil Parekh received total remuneration of ₹826 million during fiscal year 2026, marking a 2.5% increase from ₹806 million in the previous financial ...

© Asia Markets Rise as Investors Monitor Iran Tensions and Signs of Temporary US-Iran Deal

Asia Markets Rise as Investors Monitor Iran Tensions and Signs of Temporary US-Iran Deal

Asia-Pacific markets traded higher on Friday as investors weighed renewed military activity involving Iran against growing optimism that Washington and Tehran may be nearing a temporary agreement aime...

© Global Medicine Supply Chains Under Pressure Amid Geopolitical Risks: Moody’s

Global Medicine Supply Chains Under Pressure Amid Geopolitical Risks: Moody’s

Dubai: Global pharmaceutical supply chains are facing increasing strain due to geopolitical conflicts, shipping disruptions, and manufacturing limitations, according to a new report released by Moody'...

© China’s Industrial Profits Record Strongest Growth in More Than Two Years

China’s Industrial Profits Record Strongest Growth in More Than Two Years

China’s industrial sector posted its strongest profit growth in more than two years in April, signaling resilience in manufacturing and heavy industry even as broader economic pressures continue to we...

© Oura Targets Multi-Billion Euro IPO as Smart Wearable Market Accelerates

Oura Targets Multi-Billion Euro IPO as Smart Wearable Market Accelerates

Finnish wearable technology company Oura is preparing for a major Wall Street debut that could position it among the most valuable European technology listings of the year. The company behind the wide...

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