Europe may face a jet fuel shortage in several weeks, perhaps leading airlines to cancel flights ahead of the busy summer travel season.
A new multi-modal freight corridor via Uzbekistan and Turkmenistan reduces China-Afghanistan delivery times from 2-3 months to 30 days, though security and capacity concerns persist.
US President Donald Trump threatens EU with tariffs in retaliation for $1 billion fine on Google, citing need for trade investigation under Section 301 of the Trade Act.
Two US small businesses sue the Trump administration over new tariffs (up to 12.5%) on 60 economies, including South Korea, citing arbitrary imposition without clear rationale to address forced labor concerns.
US business activity grew at its fastest pace in 8 months in July, driven by strong service sector demand, despite manufacturing declines and rising costs.
Company refutes market shutdown rumors, confirms record-breaking Phone (4b) sales, and announces restructuring with AI-native unit and regional hubs, impacting certain positions.
Paramount Skydance delays acquisition of Warner Bros. Discovery until June 2027 due to antitrust lawsuit, increasing deal price potentially by $1.7 billion, with a $7 billion breakup fee if the deal collapses.
