The World Bank forecasts 2.6% global growth, driven by US strength, although there is over "slow" growth due to conflicts and debt burdens.

GM approved a $6B stock buyback following a $10B program to boost share value and as they keep up with all-electric vehicle market competition.

Mastercard will ditch manual card entry in Europe by 2030, replacing traditional card numbers with secure tokens for easier and safer online payments.

US Senate demands clarification from BMW for having supply chains from blacklisted Chinese companies due to their link with Uyghur child labor camps.

Tesla rallies retail investors through social media to support Elon Musk's $56 billion payday package as it faces divided opinions from bigger investors.

Abbott Laboratories announced that new FDA-cleared continuous glucose monitor sensors are available over-the-counter without a prescription.

The gold mining industry struggles to ramp up gold production due to declining deposits, financing, and regulatory challenges as gold prices increase.

Oil prices surged as Goldman Sachs predicted a supply deficit due to summer demand, aiming for Brent crude to hit $86 per barrel despite OPEC+ production increase.

French markets saw a sharp decline after President Macron's unexpected call for a snap election, reflecting investor concerns over economic instability.

Hong Kong faces rising cases of domestic helpers deceived into high-interest loans and receiving threats of violence if they fail to pay on time.

Norway’s $1.7 trillion sovereign wealth fund plans oppose Tesla CEO Elon Musk’s $56 billion pay package ahead of a shareholder vote next week.

Virgin Galactic flew four tourists to space and back in its second successful flight of the year as it prepared for commercial space travel in 2026.

Israel extends Al Jazeera ban for an additional 45 days, citing security concerns, and could face further extension pending government justification by Aug. 8.

Elon Musk announced on social media that Tesla won't launch a refreshed Model Y this year, opting instead for continuous vehicle improvements.

Saudi oil giant Aramco’s shares rose after a major $11.2 billion stock sale amid strong demand, aligning with Saudi Arabia's Vision 2030.

Visa and Mastercard face new lawsuits over fees charged to retailers, adding to their existing legal battles over high multilateral interchange fees.

Global fund managers are returning to China as MSCI China Index climbed 24% from its January low, leading to a $2 trillion increase in market value.

Vistra Corp., a Texas-based power producer, heads for a massive 14% weekly loss since 2021 as investors retreated from AI-driven electricity demand bets.

Tesla has introduced a navigation software update in China by partnering with Baidu, a Chinese company, to improve safety and the driving experience.

Spirit Airlines CEO reassured that they are not considering Chapter 11 bankruptcy following the collapse of its acquisition by JetBlue Airways.

Nvidia and CEO Jensen Huang received boycott warnings in China after Huang referred to Taiwan as a necessary "country" in the electronics industry.

Singapore authorities urge victims of the Akira ransomware group to report incidents and advise against paying ransomware. However, data recovery is not guaranteed.

Amazon faces a £1 billion ($1.3 billion) lawsuit from British retailers, led by the British Independent Retailers Association (BIRA), accusing the company of misusing their data to boost its own market share and profits by undercutting them with cheaper rival products.

The Supreme Court ruled in favor of Native American tribes, mandating the government cover substantial overhead costs incurred by tribes when taking control of their healthcare programs. This overturned previous assertions by the Department of Health and Human Services.

At the ILA Berlin Air Show, Airbus revealed the 'Wingman' drone concept, poised to revolutionize aerial warfare tactics by serving as an unmanned escort for manned fighter jets.

Su Jianfeng, involved in Singapore’s largest money laundering case, pleaded guilty, and his sentencing was postponed to Monday. He and his wife agreed to forfeit 95% of seized assets worth $138 million.

The number of Americans applying for unemployment benefits rose slightly last week despite layoffs remaining healthy amid ongoing inflation and high interest rates.

SpaceX's Starship successfully lifted off on its fourth test flight. It aims to demonstrate reusability and withstand re-entry heat as it prepares for a 2026 Lunar landing and major commercial use.

Keith Gill, also known as "Roaring Kitty," has potentially amassed a profit of tens of millions of dollars on his GameStop options position, but experts think that getting these gains will not be easy.

The Swiss financial regulator FINMA is seeking new powers to publicly name and shame banks that breach its rules. Switzerland has been looking to strengthen banking regulations since UBS took over Credit Suisse last year.