Business

Thomson Reuters lifts full-year revenue forecast with focus on AI rollout

The S&P 500 just hit a new high. ‘Big Short’ investor Michael Burry thinks it could bring a 1987-style fall.

The famed investor says watch out after that S&P 500 surge on Tuesday. He’s not budging from some bearish tech views.

Tivoli Alvor wins sustainability award for AI food waste project

The Tivoli Alvor Algarve Resort has received international recognition for using artificial intelligence to tackle food waste, winning the Sustainable Gastronomy award at the Traveling for Happiness Awards 2026. The The post Tivoli Alvor…

Kazakhstan Eyes Return to Panda Bonds With $500 Million Deal

Kazakhstan plans to return to the yuan debt market this year as Central Asia’s largest oil producer seeks to tap cheaper financing from China.

Eli Lilly easily tops quarterly estimates, raises outlook as Zepbound and Mounjaro sales surge

Eli Lilly now expects 2026 revenue to come in between $85 billion and $87 billion, up from a previous guidance of $82 billion and $85 billion.

Russia’s services PMI rises to 49 points in July

The S&P Global study notes that new orders fell for the fourth consecutive month at the start of the third quarter

Peruvian cardinal hails $150m lead poisoning settlement for 1,300 people as a ‘historic milestone’

Cardinal Pedro Barreto received death threats and harassment during his almost 20-year campaign against a US mining company’s operations in the Andes A Peruvian cardinal who received a barrage of death threats when he challenged the firm…

CVS blows past estimates, hikes guidance as insurance unit continues to improve

CVS also announced a new collaboration with Eli Lilly that will make Zepbound and Foundayo accessible to eligible patients on the CVS Health app.

Bezos, Arnault, Premji Pour Money Into AI Humanoid Robot Startups

Family offices are particularly well-positioned to make these wagers.

US-Japan trade thaw driven by shared yen for stronger currency

A rare joint intervention to stabilise the yen has given US-Japan relations a near-term lift, according to analysts. But whether that goodwill endures depends on how long the currency’s rebound can survive mounting market and policy…

Disney Theme Parks Report Strong Results, While Comcast’s Universal Parks Dip

Theme parks have long been seen as a bellwether for consumer confidence. Disney’s domestic parks and cruises revenue rose 11 percent in the latest quarter.

Kenya's stock exchange plans East Africa's first AI-focused ETF