Business

EasyJet profits plunge 70% as fuel costs soar amid Iran war

Budget airline, which has two US investment firms vying to buy it, also affected by passengers booking later The low-cost airline easyJet has revealed a 70% slide in profits because of soaring fuel costs and later bookings as a result of…

Brazil CVM Settlement Ends 2017 XP Case

Brazil's securities regulator, the CVM, accepted a termo de compromisso with brokerage XP Investimentos and its founder Guilherme Benchimol on July 22, 2026, ending an administrative proceeding open since 2017. The agreement includes…

Oil price surge drives global bond sell-off

Brent crude’s rise towards $100 is threatening a prolonged surge in inflation and resetting interest rate expectations

Qualitas Second Quarter Profit Holds Near US$75 Million

Qualitas Controladora, Mexico's largest auto insurer, posted net income of MXN 1,378 million (~US$74.5 million) in the second quarter of 2026, driven by strong investment returns and disciplined underwriting despite a slight dip in written…

Abducted Polytechnic Students regain freedom after 7 weeks in captivity

Students of the Federal Polytechnic, Kaura Namoda, Zamfara, who were abducted on June 3, 2026, have regained freedom. The Department of State Services (DSS) reportedly rescued the victims who were kidnapped from their off-campus hostel in…

Global Oil Price Nears $100 a Barrel as Conflict With Iran Deepens

The Houthis claimed to have attacked two ships in the Red Sea, and Iran said a third caught fire near the Strait of Hormuz.

Seven-Eleven Japan warns stores over unauthorized character item resale

There were reportedly cases where owners and employees bought up or set aside such products before putting them on store shelves and reselling them.

Gentera Second Quarter Net Income Rises 11.6%

Mexican microfinance group Gentera, parent of Banco Compartamos, reported second-quarter 2026 net income of MXN 2,353 million (about US$127 million), up 11.6% year-on-year, as its loan portfolio expanded 13.1% to MXN 94,682 million (about…

Thailand works on $700 million EV plan to replace 80,000 vehicles

German Bond Yields Hit 15-Year High as Oil Spikes Before ECB

German bond yields rose to the highest level since 2011 as surging energy prices and mounting inflation expectations fueled bets on interest-rate hikes ahead of the European Central Bank’s decision later Thursday.

Argentina Trade Surplus Hits Near-Record US$13.9 Billion

Argentina · Business Key Facts —First-half surplus. Argentina’s trade surplus reached US$13.923 billion in January–June 2026, according to the national statistics agency INDEC. —Energy engine. Fuel and energy exports from the Vaca Muerta…

Mark Gurman on Apple's (AAPL) Upcoming Product Roadmap

Mark Gurman on the state of play.