Business

Airbnb hits four-year high as investors cheer revenue forecast raise, AI payoff

Airbnb shares gain as investors cheer revenue forecast raise, AI payoff

Garbage-Truck Margin Boost Shows the AI Profit Boom Has Begun

Corporate America’s adoption of artificial intelligence tools is paying off, in a major relief to investors who had questioned massive investments in the technology by a concentrated number of companies.

K-shaped economy shows up in housing: Luxury sales rise as starter-home buyers struggle

Even as luxury homes fly off the market, sales of starter homes are down despite growing inventory and more price cuts, research shows.

Stocks Rise Ahead of Jobs Report; Oil Gains on Hormuz Uncertainty | Bloomberg Brief 08/07/2026

US equity futures edge higher ahead of the July payrolls report. Oil gains as Iranian lawmakers say they would seek to bar US and Israeli ships from the waterway as part of a deal to reopen the Strait of Hormuz. Rory Blundell of Gravitee…

Indra Wins €1.6 Billion Contract With EU Satellite Project

Indra Sistemas SA’s satellite operator Hispasat won a role as the primary contractor on a project valued at more than €1.6 billion ($1.8 billion) to provide services to the European Union’s IRIS² satellite network, part of Europe’s…

Ghana: Climate Change Now Economic Challenge - Minister

[Ghanaian Times] The Northern Regional Minister, Mr Ali Adolf John Mburidiba, has described climate change as one of the biggest threats to Ghana's socio-economic development.

Axia Energia posts US$233m profit as it exits NYSE

Axia Energia, the former Eletrobras, reported a second-quarter 2026 net profit of R$1.2 billion, reversing a year-earlier loss, confirmed it is leaving the New York Stock Exchange, and committed R$8.7 billion. The post Axia Energia posts…

Tenaris Q2 Profit Falls to US$477m on Hormuz Closure

Tenaris (NYSE: TS) beat revenue forecasts with US$2.97 billion in the second quarter of 2026, yet profit fell sharply year on year as Middle East shipping turmoil inflated logistics bills, while the company. The post Tenaris Q2 Profit…

Inter&Co Hits Record US$81m Profit as Bad Loans Rise

Inter&Co posted a record quarterly profit and its best return on equity yet, while bad loans climbed to a fresh high and the shares gave up an early slide to close little changed. The post Inter&Co Hits Record US$81m Profit as Bad Loans…

Southern Copper Q2 Profit Hits Record US$1.67 Billion

Southern Copper’s stronger‑than‑expected Q2 2026 results land just months after the sudden death of long‑time chairman Oscar González Rocha, a moment that crystallizes how closely Latin America’s copper story. The post Southern Copper Q2…

Aura Minerals profit hits US$218m on hedge gain

Aura Minerals’ second quarter of 2026 combined a headline-grabbing profit surge with a richer but more demanding production profile, as gold hedge gains and Latin America’s shifting mining landscape shaped the. The post Aura Minerals…