Stronger-than-expected UK economic data for August has raised expectations that official forecasters will upgrade their growth outlook, even as a sell-off in technology and chip stocks unsettled global markets.
Delta Air Lines lowered its full-year earnings outlook on Friday, saying jet fuel costs tied to the Iran war are rising faster than it can recoup through higher fares.
Economics writer Larry Elliott says rising oil prices, a bond market sell-off and an AI stock bubble mirror the warning signs that preceded the 2008 financial crisis.
Latvia's flag carrier has entered a court-supervised restructuring in the United States to cut its debt, securing €350 million in emergency financing while insisting flights and ticket sales continue as normal.
Riyadh halted its main oil export route bypassing the Strait of Hormuz after strikes on pump stations, as Houthi forces advance on another vital chokepoint and Brent crude climbs past $100 a barrel.
The Financial Times says Yemen's Houthi movement has taken Red Sea islands from Saudi-backed forces in a rapid offensive. The specific claim could not be independently corroborated at the time of writing.
Britain's largest carmaker will shed roughly a tenth of its workforce, mostly in management and research roles, as it tries to recover from a cyberattack, US tariffs and falling sales.
Chris Rokos, founder of Rokos Capital Management and Britain's third-highest taxpayer last year, is preparing to move his tax residency to Greece and open an office in Athens, Bloomberg reports.
Yemen's Houthi rebels struck energy facilities across southern Saudi Arabia on 8 September, injuring more than 70 people and driving oil and gas prices sharply higher.
US President Donald Trump says a new joint venture gives Washington majority control of tens of billions of barrels of Venezuelan crude. The deal follows the capture of former president Nicolás Maduro and comes with a 100-year concession attached.
Kevin Warsh delivers his debut keynote as Federal Reserve chair on Friday, with investors seeking clarity on inflation and interest rates after months of sparse communication.
Nvidia issued its first-ever year-ahead forecast, predicting revenue growth far outpacing analyst expectations, while defending its financing arrangements with AI customers against accusations of circular dealing.
Meta Platforms has settled with a coalition of 29 US states midway through a federal trial in California, agreeing to pay billions and change how Instagram and Facebook treat young users.
Beijing says it will defend Chinese companies after Washington sanctioned nearly 60 entities tied to Iran's oil trade, including firms in Hong Kong and mainland China.
Billionaire investor Stanley Druckenmiller has publicly attacked his former protégé, US Treasury Secretary Scott Bessent, over a plan to buy back more long-term government bonds, calling it an attempt to manage prices rather than markets.
Both Iberian countries are building far fewer homes than their growing populations need, driving up prices and rents and fuelling street protests. Immigration-led population growth, planning bureaucracy and high construction costs are all cited as causes.
An investigation by the Guardian has found Microsoft has far fewer advanced AI chips installed than its public statements imply. The company disputes the newspaper's figures but has not said which numbers are wrong.
A new Financial Times poll finds most American voters feel worse off financially under Donald Trump, with Democrats now leading Republicans on the economy just months before November's midterm elections.
Ten years after abandoning its once-iconic handsets, the Canadian company has turned itself into a supplier of car software and cybersecurity tools, with customers including automakers, NATO and European governments.
The US Treasury sold $25bn of 30-year bonds at a yield of 5.216%, the most expensive long-term borrowing since 2001, as investors demand greater compensation for persistent inflation and a widening deficit.
The US State Department has concluded a settlement with the British defence company's US subsidiary over breaches of arms export rules. Half the penalty will be suspended if BAE strengthens its compliance programme.
Greenland's government has told Greenland Energy, a Texas company with ties to Donald Trump, that it cannot obtain drilling permits in time for its planned start date. The decision pushes back a project the US president's envoy had said could produce oil within a year.
Brent crude climbed close to $90 a barrel on Tuesday after negotiations between Washington and Tehran over reopening the Strait of Hormuz broke down. The travel group Tui reported a 43% drop in quarterly pre-tax profit, citing higher fuel costs tied to the conflict.
Repeated heatwaves between May and July are estimated to have cut UK economic output by £4.4bn, according to green think tank Verdant, which warns annual losses could exceed £25bn by 2030.