Economy & Central Bank News — page 12

Lonza reports stronger first-half results, boosting its EBITDA margin target for fiscal 2026 as demand and execution improve

Nike is restructuring its online strategy in China, terminating a sales partnership and scaling back distributors to stabilize pricing and branding amid a broader push to regain growth.

Wistron launches its first U.S. facility in Fort Worth, Texas, aimed at producing AI system components for Nvidia, marking a notable step in its overseas manufacturing footprint.

The administration reportedly approves a three-decade nuclear cooperation pact with Saudi Arabia, enabling enrichment capabilities and positioning U.S. firms at the center of the kingdom's program

New policy sets a two-year exemption window for generic drugs before tariffs rise, marking the first explicit timeline for tariffing a category previously exempt from a 232 action

Capital One reports a rebound in profit in the second quarter as revenue increases and credit loss provisions fall, with other financials also signaling stronger quarterly results.

Interactive Brokers reported a jump in second-quarter profit with higher revenue driven by stronger customer trading activity and increased commission and net interest income, according to multiple outlets.

OpenAI has expanded its governance by adding two independent board members with banking backgrounds amid ongoing discussions about a potential public listing, according to multiple outlets.

Google broadens its Gemini AI family with lower-cost, more efficient variants while signaling ongoing delays to its flagship model, alongside new cybersecurity offerings aimed at enterprise users.

Genuine Parts posts a second-quarter profit drop and lowers its full-year outlook, citing inflation and softer consumer spending as the primary drivers behind the weaker performance.

Novo Nordisk filed a lawsuit against Eli Lilly alleging deceptive GLP-1 weight-loss advertising and seeking permanent cessation of the ads plus corrective advertising.

Boeing asks Washington to intervene over what reports describe as a record EU loan to Airbus, as the two firms prepare for a potential 2030 aircraft development cycle.

JPMorgan CEO Jamie Dimon warns that risk is underpriced in markets and says he would not buy equities or Treasurys at current levels, a stance that contrasts with investors' recent willingness to look past shocks

Uganda Airlines has placed its first direct order with Boeing for eight aircraft, including 737 MAX and 787 Dreamliner models, as Boeing faces broader market dynamics around production and deliveries.

Markets priced a high probability of a Federal Reserve rate hold as Kevin Warsh’s inflation testimony surfaced, while gold advanced amid tensions in the Middle East and shifting rate expectations.

JetBlue secured takeoff and landing slots at LaGuardia tied to Spirit’s exit, with plans to shift operations toward the Marine Air Terminal as space at the airport remains scarce

Canada’s inflation readings cooled expectations for further rate hikes, weighing on the Canadian dollar while leaving markets divided on equities amid global uncertainty

A California court granted a temporary restraining order that halts Paramount's planned $110 billion acquisition of Warner Bros. Discovery amid an antitrust lawsuit by state attorneys general.

The Conference Board’s leading economic index fell in June, extending a dip from May and April gains and topping no one’s expectations for a steeper drop.

Boeing’s chief executive indicated the company will need several years to repair its finances before pursuing a successor to the 737 MAX, shifting focus toward stabilizing core operations.

CuspAI raises a $450 million round with backing from the UK government and Jeff Bezos, while partnering with Nvidia to advance AI-driven discovery of materials used in chip manufacturing

SMBC Aviation Capital contracted for 100 Boeing 737 MAX jets while FAA confirms certification of the MAX 7 and MAX 10 is anticipated in the near term, signaling renewed momentum for Boeing's narrow-body lineup.

Moonshot AI eyes a Hong Kong listing amid strong interest in its Kimi platform and related AI developments, with reports of a multi-billion valuation as Alibaba’s Qwen expands growth ambitions

Honeywell Aerospace said its SURF-A runway safety system will be deployed across Aeromexico's Boeing 737 fleet, while another report highlights an IndiGo avionics deal involving the same supplier.

Samsung Electronics is cutting jobs in the United States amid a shift of its Southeast Asia headquarters to Texas, with layoffs across several U.S. divisions and a concentration of reductions in New Jersey according to Reuters reports carried by Nasdaq and Investing.com.

Widow or senior recipients wonder how a late-life inheritance could alter Social Security taxes and Medicare premiums, while investors weigh the timing of benefit claims amid broader guidance on Social Security mistakes

NVIDIA founder and CEO Jensen Huang rejected reports of production delays for the Vera Rubin AI processors, articulating a cohesive AI strategy and signaling confidence in the company’s hardware roadmap

The FAA will return authority to Boeing to issue airworthiness certificates for 737 MAX and 787 jets, with certificates resuming next week, signaling government support.

Investors are digesting Oppenheimer’s upgrade of Ecolab to Outperform amid AI-growth expectations, with separate notes highlighting Greg Abel’s view of AI-powered expansion for a Berkshire Hathaway subsidiary

Taylor Farms is preparing a recall of certain salad products amid reports linking its items to a cyclospora outbreak, with details emerging from Bloomberg News through Investing.com