Wall Street opened firmly higher on Monday, driven by a steep decline in crude oil prices and easing geopolitical tensions between the U.S. and Iran. The Dow Jones Industrial Average climbed 1% in early trade, while the S&P 500 and Nasdaq Composite advanced 0.7% and 0.8%, respectively. Prior to the open, Nasdaq-100 futures outperformed with … Read more
French bank Societe Generale reported record second-quarter profit of €1.79 billion ($2.04 billion), up 23% year-on-year, as retail banking gains offset declining trading revenue. The results include a €1.5 billion share buyback and revised profitability targets. The French banking giant’s results highlight a stark contrast between its resilient retail operations and persistent challenges in its … Read more
Wednesday, July 29, 2026, was officially the warmest July 29 since measurements began in 1901. Temperatures reached 31.7 degrees Celsius in De Bilt and peaked at 35.2 degrees Celsius in Gilze-Rijen and Westdorpe, marking the ninth date-specific heat record for the year in the Netherlands. The heatwave reached a critical threshold on Wednesday, pushing the … Read more
Dutch natural gas reserves sit at just thirty-five percent capacity with only ninety-six days remaining until winter storage deadlines. Driven by surging international prices and the irreversible closure of Groningen gas fields, state energy firm EBN has stepped in with a twenty-one-point-six billion euro financing intervention to secure supplies. Netherlands faces a severe energy squeeze … Read more
Hong Kong has gazetted the Inland Revenue (Amendment) (Preferential Tax Regimes for Funds, Family-owned Investment Holding Vehicles and Carried Interest) Bill 2026, aiming to strengthen the city’s competitiveness as an asset and wealth management hub. Published on 12 June 2026, the Bill proposes extensive enhancements to tax concessions for privately-offered funds, family-owned investment holding vehicles … Read more
New York stock indices plummeted on July 29, 2026, as the Dow Jones Industrial Average fell 2.19% following a Federal Reserve interest rate freeze. Despite the hold, surging long-term Treasury yields and spiking oil prices fueled inflation fears, triggering a broad sell-off in technology and semiconductor stocks. The market didn’t care that the Federal Reserve … Read more
MINI India has launched the MINI Convertible Stardust Edition, a limited-run open-top luxury car priced at INR 62.90 lakh (ex-showroom). Imported as a Completely Built-up Unit (CBU), the vehicle features unique twilight-inspired aesthetics and a signature Union Jack soft top, with deliveries commencing immediately following the launch. The luxury segment in India just got a … Read more
The electric SUV is available with ex-showroom prices ranging from ₹13.49 lakh to ₹19.99 lakh for the top-spec X-Line ER variant. To lower the entry cost, Kia is offering the vehicle under a Battery-as-a-Service (BaaS) programme with prices starting at ₹7.99 lakh, with the battery financed separately via an EMI of ₹3.3 per km. Deliveries … Read more
Airbus completed a marathon 24-hour and 24-minute test flight on July 28, 2026, landing an A350-1000ULR in Toulouse, France, after a nonstop journey from Melbourne, Australia. The milestone marks a pivotal advancement for Project Sunrise, bringing ultra-long-haul commercial service closer to reality. Commercial aviation reached a new threshold of endurance when an ultra-long-range widebody touched … Read more
The second-generation Kia Seltos made its official debut in Indonesia on Wednesday, July 29, 2026, at the Gaikindo Indonesia International Auto Show in Tangerang. Offered in three variants starting at 359 million rupiah, the redesigned SUV features a 1.5-litre naturally-aspirated engine and advanced driver assistance systems. Gaikindo Indonesia International Auto Show Launch and Pricing Kia … Read more