Business

Africa: Cotton to Cloth - The Story Africa Has Always Needed to Tell

[allAfrica] Africa grows more than half of the world's finest long-staple cotton. It earns less than three percent of what that cotton is eventually worth. This is not a trade problem. It is a narrative problem -- and allAfrica is setting…

AllAfrica

Prudential May Sell Brazil Unit for US$3 Billion

Prudential May Sell Brazil Unit for US$3 Billion

Brazil · Business Key Facts —Asking price. Approximately US$3 billion, though market estimates place fair value closer to US$2 billion. —Advisor. Morgan Stanley is running the preliminary sale process for Prudential. —Brazil operation…

Texas Instruments shares are sliding, and its rival is doing even worse. What’s going on in the world of analog…

MarketWatch

Texas Instruments shares are sliding, and its rival is doing even worse. What’s going on in the world of analog…

Texas Instruments shares were falling while STMicroelectronics stock was diving on Thursday, after both makers of analog semiconductors struggled to meet heightened expectations after reporting strong demand in the second quarter.

MarketWatch

Intel Needs More Than Blowout Earnings as Chips Rally Falters

Intel Needs More Than Blowout Earnings as Chips Rally Falters

Intel Corp. is expected to report strong second-quarter earnings after the market close Thursday, but even blowout results likely won’t be enough to reverse the stock’s July slide.

Philippine Daily Inquirer

Philippines gets 7th digital bank as MariBank upgrades license

Philippine Daily Inquirer

Philippines gets 7th digital bank as MariBank upgrades license

MANILA, Philippines — The Philippines’ digital banking sector has gained another player after the central bank approved MariBank Philippines Inc.’s transition from a rural bank into a full-fledged digital bank. In a resolution dated July…

Tesla and Alphabet shares slump in premarket trading as AI spending concerns spook investors

CNBC

Tesla and Alphabet shares slump in premarket trading as AI spending concerns spook investors

Both Tesla and Alphabet signaled higher spending as they invest in artificial intelligence.

CNBC

PHP/USD: Marcos Confident Central Bank to Act on Weak Peso, Official Says

PHP/USD: Marcos Confident Central Bank to Act on Weak Peso, Official Says

Philippine President Ferdinand Marcos Jr. is confident that the central bank will act decisively on the peso, which weakened to the record low, according to the president’s press officer.

Petrobras Diesel Subsidy Passes US$900 Million in 2026

Petrobras Diesel Subsidy Passes US$900 Million in 2026

Brazil's state-controlled oil giant Petrobras has received R$4.7 billion (~US$922 million) in federal diesel subsidy installments in 2026, a program designed to stabilize fuel prices amid global energy shocks. The post Petrobras Diesel…

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

The Guardian

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…

The Guardian

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

Financial Times

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

Financial Times

Qualitas Second Quarter Profit Holds Near US$75 Million

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…