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The trade surplus in goods for the 21-nation currency area was €1.8 billion in June, from a deficit of €6.1 billion in May.
N. Chandrasekaran, the chairman of Tata Sons, is no longer seeking reappointment. Under Chandrasekaran, Tata Sons has made capital-intensive bets, impacting the profitability of the Group.
TerraPower and South Korea's SK Innovation signed on Friday a preliminary global agreement on small modular reactors (SMRs), Seoul's Industry Ministry said, opening a path for the SK Group affiliate to participate in the U.S. company's projects at home and abroad.
U.S. inflation concerns ease with producer prices coming in unchanged for July, cutting the odds for a September Fed hike. South Korea's KOSPI surges further following last month's sell-off.
Oil is forging higher with Brent crude around $88
Class A shares of the Alger Small Cap Growth Fund outperformed the Russell 2000 Growth Index during the second quarter of 2026. Nebius Group, Astera Labs, Inc., and Twist Bioscience Corp. were among the top contributors to performance. Insmed Incorporated, Planet Fitness, Inc., and Forte Biosciences Inc. were among the top detractors from performance.
George Chen of the Asia Group said while the U.S.-China competition has spurred AI innovation, both sides should pursue “co-opetition” by cooperating on critical issues such as AI safety. He also said a full U.S. ban on Chinese AI models risks crossing Beijing's red line and could provoke Beijing's retaliation against major U.S. tech companies.
Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Chapters: 00:00:00 - MLIV 00:00:08 - Bullish Markets 00:01:15 - 30-Year Bond Yields 00:02:33 - US, Iran: Tit-for-Tat Attacks -------- More on Bloomberg Television and Markets Like this video?
At least four Asian refiners bought U.S. crude this week, as the Strait of Hormuz remained effectively closed and refiners sought alternative supplies for delivery later this year, traders said.
Compañía Cervecerías Unidas reported lackluster 2Q26 results, with Chile stable but stagnant, Argentina dragging internationally, and wine in structural decline. CCU is shifting focus to nonalcoholic categories, exemplified by acquiring the remaining 50% of its water JV with Nestlé, but this required increased leverage. Normalized net income is estimated at CLP 125 billion ($135 million), with higher interest expenses due to rising net debt, against a ~$2.2 billion market cap.
An auction of 10-year and 30-year US treasuries lured decent appetite from investors demanding more compensation to finance the US government. The sales followed a subdued core inflation print, easing pressure on the Federal Reserve to raise interest rates next month.
China's car industry is on a tear overseas, storming markets from Europe to Southeast Asia and heaping pressure on long-established automakers like Toyota Motor and Volkswagen.
Oil prices rose early Friday after the U.S. said its naval blockade of Iranian ports could continue "indefinitely".
Treasuries have been in a funk since June. If the selloff doesn't stop, things could really go off the rails for stocks, the midterm elections, and the Fed.
China's DeepSeek is hiking prices for its flagship V4 models amid fierce competition among artificial intelligence players, though its latest prices remain well below its rivals'.
