Economy & Central Bank News — page 15

Levi Strauss reports solid quarterly results, tops estimates and raises both guidance and dividend as demand for denim remains steady.

Meta plans a multi-billion dollar data center project in Alberta, marking its first large-scale facility in Canada as it expands its AI initiatives across the border.

Minutes from the Fed's June gathering reveal a split stance among policymakers, with a few officials arguing for a potential rate increase in June, while others favored keeping policy steady

SpaceX plans to buy Anysphere, the Cursor AI coding platform, in a deal valued at $60 billion, a move that analysts are evaluating amid broader market interest in the company and related tech plays

Wells Fargo analysts warn that SpaceX’s Starlink satellite internet service may challenge traditional telecoms, with AT&T singled out as potentially losing ground, according to multiple outlets.

SambaNova AI chips company secures $1 billion in fresh financing, valuing the startup at $11 billion as investors back Nvidia challengers

Apple to invest about $30 billion in a Broadcom-led chipmaking agreement, expanding a Colorado facility as part of its largest U.S. manufacturing commitment to date.

U.S. regulators have cleared a broad rollout of OpenAI's GPT-5.6, enabling widespread deployment, according to Axios and echoed by multiple outlets.

IG Group outlines plans to establish a new holding company in New Jersey as part of a broader strategic review, alongside a trading update and reported revenue growth.

The RBNZ raised its official cash rate by 25 basis points to 2.50%, its first hike in three years, lifting the New Zealand dollar; but the rally faded as guidance signaled a higher bar for further tightening and the governor said inflation may have peaked.

Futures on major indices drifted near par to open as traders weighed Middle East tensions and awaited Fed minutes for clues on policy path

Streaming giants are said to be weighing a bid for U.S. English- and Spanish-language FIFA World Cup rights as a combined package for 2030 and 2034, potentially reaching around $2 billion according to reports.

Fiat has introduced its all-electric Topolino micromobility vehicle in the U.S., marking the brand's entry into the local e-micromobility segment with a starting price of $13,995.

Meta expands its AI toolkit with Muse Image, a dedicated image-creation model integrated into ad and creator tools to broaden appeal to advertisers and audiences.

Stellantis will bring the Fiat Topolino mini EV to the U.S. market at a price of $13,995, emphasizing its status as a quadricycle rather than a traditional car.

Amazon plans a bond offering to raise at least $25 billion to fund its AI investments, with no additional debt issuance planned for 2026, according to Bloomberg News reports cited by CNBC and Investing.com.

Toyota plans a $3.6 billion expansion of its San Antonio campus to support the Tacoma pickup, with thousands of new jobs and ensuing stock market reaction turning attention to the project.

A Solana-based meme coin’s treasury was drained after an attacker spent funds to pass a malicious governance proposal and redirected holdings to their wallet.

Japan’s real wages expanded for the fifth consecutive month in May, marking the longest stretch of positive growth since 2021, though the pace cooled from April’s reading.

Following a social media post, reports say Trump asserted Walmart would reduce prices on a range of items, with specific mention of ground beef, while markets weigh potential implications for inflation measures

Toyota plans a $3.6 billion investment to shift the Tacoma midsize pickup's production from Mexico to its San Antonio campus in Texas, reflecting a strategic reallocation of manufacturing capacity.

Micron Technology and Ford Motor have entered a long-term strategic agreement to secure memory components for Ford’s next-generation vehicles, reinforcing collaboration between the automaker and a major memory supplier.

Microsoft is cutting thousands of jobs, with reductions centered in its commercial business and the Xbox gaming unit, which is shrinking and set to spin off four gaming studios

ITV agrees to sell its Media & Entertainment division to Sky, a Comcast subsidiary, in a deal valued at about £1.6 billion, with the sale supporting ITV’s FY26 outlook

Australian Financial Review reports Anthropic plans to secure about 1.4 gigawatts of data centre capacity in Australia, with a tender confidentially issued by the company and a potential build cost cited in outlets.

U.S. stock-index futures edged higher as traders weighed AI-related bets and waited for the Federal Reserve minutes after a holiday weekend rally

UK budget carrier easyJet has reached agreement on Castlelake’s takeover proposal, valuing the company at several billion pounds and signaling a premium to the prior share price.

Continental AG is in the final stages of agreeing to sell its ContiTech division to Lone Star Funds, with reports placing the deal around $4.6 billion, as the company moves to unwind a major business unit.

Investors eye ISM services data and the Federal Reserve minutes, with recent NFP data influencing dollar moves and rate-hike expectations by year-end

Eurozone services activity steadied in June on cooling cost pressures, while UK services contracted sharply, underscoring divergent momentum and shaping ECB pause expectations