Sophia Patel — Business & Finance Editor 
Switzerland’s new car market dropped 3.2% in July, threatening a modest early-year recovery. Total registrations reached 135’542 after seven months, reflecting a 2.1% year-to-date gain. Meanwhile, rechargeable vehicles reached parity with hybrids for the first time, accounting for 36.6% of new registrations since January, according to auto industry data published in Swiss automotive reporting. Swiss … Read more
European soccer body UEFA has threatened FIFA with legal action following the collapse of FIFA President Gianni Infantino’s controversial plan to sell a stake in future World Cup profits to private investors Apnews. Lawyers representing UEFA informed FIFA that the European governing body is actively considering legal action, arbitration, or regulatory complaints regarding the proposed … Read more
AMMB Holdings Bhd surged to a record high on Monday after the sixth-largest Malaysian bank by assets flagged a potential release of roughly RM2 billion in excess capital. Shares jumped as much as 4% to RM6.99, fueled by analyst expectations of higher dividend payouts driven by Basel III reforms. Monday brought a wave of buying … Read more
Xpeng revealed its new G9L full-size five-seat crossover in China as a global model, priced around 44,435 USD with an 800V platform supporting ultra-fast charging. Xpeng has officially expanded its vehicle lineup with the introduction of the G9L, a full-size five-seat crossover designed for global markets. The vehicle previously shared its core specifications during the … Read more
U.S. stock futures climbed early Monday as investors balanced a cooldown in global oil prices against a heavy slate of corporate earnings and impending labor market data. Markets open the first trading day of August digesting a hawkish Federal Reserve hold, shifting geopolitical tensions involving Iran, and strong technology sector results. U.S. equity futures rose … Read more
South Africa’s secondary automotive market is continuing to show resilience despite economic pressure, with affordability now dictating buying decisions more than traditional brand loyalty. According to AutoTrader CEO George Mienie, consumers continue to buy and sell vehicles because the country’s transport realities leave many with little alternative. Affordability Reshapes South Africa’s Used Car Market Mienie … Read more
Major Saudi Arabian corporations, including Jabal Omar Development, solutions by stc, and stc Group, reported financial results for the first half of 2026, driven by higher hospitality revenues, expanding digital infrastructure, and rising subscriber numbers across domestic markets. First-half financial disclosures across major Saudi enterprises reveal a market balancing operational expansion with steady revenue growth. … Read more
Investors who purchased Lenzing shares three years ago face a steep 45.47 percent loss as of July 31, 2026. A 1,000-euro investment made on the Vienna Stock Exchange has dropped significantly in value, bringing the company’s recent market capitalization to 905,60 Mio. Euro. Holding shares through a volatile multi-year span on the Vienna Stock Exchange … Read more
The Football Association of Wales (FAW) has officially withdrawn its backing for FIFA President Gianni Infantino’s re-election bid, making it the first national football association to do so. According to msn.com, the decision follows a widespread backlash over Infantino’s controversial proposal to sell stakes in the World Cup and other competitions to private investment firms. … Read more
The intervention, which saw the yen rebound from 163.73 to 157.57 per dollar, was driven by dual concerns: safeguarding U.S. Treasury markets and reinforcing Japan’s financial system. Louise Loo, head of Asia economics at Oxford Economics, highlighted that Washington feared Japan might resort to selling U.S. Treasuries to fund unilateral intervention, risking destabilization of the … Read more