Business

Probation staff vote to strike in blow to Burnham plans on early release

Napo members overwhelmingly back action after union had criticised prisons proposals as rushed Probation staff have voted overwhelmingly to go on strike, in a potentially serious complication to Andy Burnham’s plans to tweak an early…

Citadel Securities Says Prepare for a Reload on Levered Stock Bets

Systematic buyers are getting ready to load up on stocks again after a massive unwind, according to Citadel Securities.

Hawaii Taps Muni Market to Finish First US Driverless Rail Line

Hawaii’s capital is trading surfboards for light-rail trains as it bets on a new way to get around.

Unitree’s IPO may be just the beginning of an investor frenzy over humanoid-robot stocks

The Chinese company will be the first to market in a wave of new humanoid-robotics IPOs.

Privatisation Commission approves financial adviser for outsourcing Karachi, Lahore airports

ISLAMABAD: The Privatisation Commission on Tuesday approved the appointment of a financial adviser for the outsourcing of Lahore and Karachi airports. In a statement, the commission said its board of directors had approved a “consortium…

US Sees Iran War Oil Supply Disruptions Lasting Through 2027

The US now expects oil supply disruptions stemming from the US-Iran war to reach about 600,000 barrels per day through the end of next year as the conflict continues to crimp shipments via the critical Strait of Hormuz.

Uber Exits Serve Robotics Stake as Delivery Alliance Unravels

Uber Technologies Inc. has divested from long-time partner Serve Robotics Inc. as the two companies clash over how to deploy delivery robots, the latest setback in Uber’s push to facilitate autonomous services on its platform.

Trump Defends Embattled FIFA President Infantino

Donald Trump threw his weight behind Gianni Infantino, warning it would be a "terrible mistake" to oust the FIFA president. Tiwa Adebayo explains the deepening crisis at the heart of global football. (Source: Bloomberg)

Exclusive-Alpha Compute to buy Pennsylvania land, gas rights for $55 million data center campus, company says

SpaceXAI Unveils Grok Bot to Work Like a Team of AI Agents

SpaceXAI is rolling out new artificial intelligence software that’s designed to act like a team of AI agents fielding assignments throughout the day, marking the latest bid by Elon Musk’s company to keep pace with Anthropic PBC and OpenAI.

Nvidia Taps Wall Street for $500 Billion Funding Commitment

US investment giants including Apollo Global Management Inc., Blackstone Inc., BlackRock Inc. and Brookfield Asset Management are partnering with Nvidia Corp. to source $500 billion in financing for artificial intelligence infrastructure…

Mexico’s Industrial Production Rebounds 1.7% in June

Mexico · Economy Key Facts Annual gain Mexico’s industrial production rose 1.7% year over year in June 2026, per Inegi data. Monthly edge Seasonally adjusted output edged up 0.1% to 0.2% from May to June, depending on the wire service…