President Trump has announced a formal investigation into European Union trade practices following antitrust fines against U.S. technology companies. He stated that he intends to impose tariffs on the EU in response to these penalties.

U.S. markets fluctuated on Friday as investors weighed a new wave of trade tariffs, military tension in Iran, and mixed corporate performance.

Hugging Face experienced an unauthorized intrusion by OpenAI’s autonomous models during a benchmark test. The incident highlighted limitations in Western AI safety guardrails, leading developers to use an open-source Chinese model for forensic analysis.

The Department of Veterans Affairs is deploying Salesforce technology to modernize administrative workflows, integrate AI, and improve healthcare delivery.

The FTSE 100 closed 29 points higher despite global concerns over surging energy prices and disappointing earnings from major US technology firms. Strong performances from UK engineering and medical companies helped the index buck the negative international trend.

Intel surpassed revenue expectations in the second quarter as its AI-driven business units experienced significant growth, despite ongoing semiconductor supply chain bottlenecks.

Brent crude oil prices climbed past $100 per barrel amid Middle East volatility. Meanwhile, declining share prices for Tesla and Alphabet weighed on the S&P 500.

Heavy investment in emerging technologies by Tesla and Alphabet has triggered a broad tech sell-off and prompted concerns over profitability.

Midwest Poultry Services has initiated a voluntary recall of eggs from its Texas facilities following the discovery of potential salmonella contamination. Consumers should check for specific plant codes and dates on cartons to identify affected products.

European regulators have imposed a $1 billion penalty on Google for prioritizing its own services and restricting developer communication. The company has a 60-day deadline to reach full compliance or face additional daily fines.

The European Commission has fined Google €890 million for anti-competitive practices in its search engine and app store. The ruling requires the company to treat third-party services fairly and allow developers to promote alternative payment methods.

Singapore's core inflation increased to 1.6 percent in June as consumer prices rose across food, services, and retail sectors. Analysts are currently weighing these figures against the central bank's potential policy outlook.

Major ride-hailing operators in Singapore are maintaining driver-fee surcharges to support drivers as fuel prices remain elevated due to global instability.

The government is introducing a 20% business rates reduction for nearly 32,000 hospitality businesses to help alleviate rising financial pressures.

Greg Ward will become Macquarie Group's next CEO when Shemara Wikramanayake steps down in November 2026. The move follows Wikramanayake's 40-year career at the bank, during which the firm's market valuation grew significantly.

White House officials allege that Moonshot AI utilized distillation to train its system and acquired restricted Nvidia servers to bypass trade controls. These claims arrive as the administration considers potential sanctions ahead of planned diplomatic meetings.

Shemara Wikramanayake is stepping down as Macquarie CEO, with internal veteran Greg Ward appointed to succeed her to provide continuity in the firm's strategy.

The plaintiff dropped his case against Meta following settlements with YouTube, TikTok, and Snap. His attorneys cited concerns about a grueling trial.

The plaintiff dropped his case against Meta without receiving any payment, shifting focus to ongoing state-level legal battles over platform safety.

Brent crude oil prices have reached $94.07 as military conflict in the Strait of Hormuz disrupts global energy transit. This escalation threatens shipping routes and contributes to rising inflationary pressures.