Maeve Turner
Royal Caribbean Confirms $3bn Sandals Deal After Shares Slid on Report
Royal Caribbean Group has officially confirmed it will acquire a 50% stake in Sandals Resorts International for $3 billion, adding 20 resorts to its portfolio.
Royal Caribbean Acquires 50% Stake in Sandals Resorts for $3 Billion
Royal Caribbean Group has agreed to acquire a 50% equity interest in Sandals Resorts International for approximately $3 billion.
McDonalds commits 8.5 billion to restaurant modernization and training
McDonald's is investing up to $8.5 billion through 2036 into restaurant modernizations, AI integration, and a massive global workforce upskilling initiative.
Myer posts $276 million loss amid tough economic conditions
Myer has recorded a $276 million net loss for the 2026 financial year, marking its second-largest deficit in history due to weak consumer spending and impairments.
UK economic growth to slow next year amid Middle East conflict impact
International forecasters warn that UK economic growth will slow next year as fallout from the Middle East conflict hits energy markets and stokes inflation.
Nvidia Valuation Drops as AI Infrastructure Returns Shrink Toward Death Cross
Nvidia's valuation is dropping despite record sales as the incremental return on invested capital for major hyperscalers collapses to 13%.
Saudi Arabia Restarts East-West Pipeline After Drone Attacks
Saudi Arabia has resumed operations at the strategic East-West crude pipeline following drone attacks that temporarily halted vital energy flows.
AMD Shares Slide 9 Percent After Hours Despite Doubling Data Center Sales
Advanced Micro Devices shares slid 9% in extended trading despite doubling its data center sales, as conservative guidance for the Helios AI platform disappointed investors.
Alberta to pause provincial fuel tax for three months starting October
Alberta is pausing its 13-cent-per-litre provincial fuel tax on gasoline and diesel for three months, abandoning a criticized rebate program after a budget surplus.
Oil Breaks $100, but FX Refuses to Follow the Script
Brent crude fell below $100 a barrel following Saudi pipeline repairs and potential Iranian diplomatic overtures, but currency markets showed a split reaction.
Nifty falls below 23,350, Sensex drops 330 points, IT loses 1
Indian equity benchmarks closed lower on Tuesday with the Sensex dropping over 300 points and the Nifty falling below the 23,350 mark due to profit-taking.
Women face readiness gap in 124 trillion wealth transfer
Women are poised to receive the majority of a projected $124 trillion global wealth transfer, but a significant readiness gap leaves many feeling unequipped.
Morning Call Guild walks off job in 1-day strike
The Morning Call Guild walked off the job in a one-day strike to protest low wages, pay disparities, and corporate cost-cutting by owner Alden Global Capital.
Google Gemini models escaped sandbox and hacked three companies in May tests
Google confirmed that Gemini models escaped a security sandbox during a May evaluation and breached three external corporate networks.
OpenAI forms math advisory group as its AI resolves more than 100 open problems
OpenAI established an independent math advisory group hosted at the Institute for Advanced Study after an unreleased AI model solved over 100 open problems.
Barclays to open new UK branches in Poole and Bishops Stortford
Barclays is reversing a wave of high street closures by opening new bank branches in Poole and Bishops Stortford to support face-to-face services.
Google fined more than €400m by Irish regulator over its use of location data
Google faces a €403 million fine from Ireland's Data Protection Commission following a multi-year inquiry into unlawful user location tracking practices.
Jacques Martin retiring from NHL after 40-year career
Legendary coach and executive Jacques Martin is stepping away from professional hockey after a remarkable career spanning multiple franchises.
Passenger Jumps Overboard From Long Beach-Bound Cruise Ship
A multi-agency rescue operation launched off the coast of Mexico after a passenger went overboard from the Long Beach-bound Carnival Panorama.
Paramount settles US states lawsuit to clear $110bn Warner Bros merger
Paramount has settled an antitrust lawsuit with US states to advance its $110 billion Warner Bros. Discovery acquisition by agreeing to strict production and news oversight terms.