Business- Page 63

Business news today and breaking business updates with sharp market moves, earnings, deals, policy shifts, and clear analysis that respects your time.

Delivery Hero headquarters in Berlin as the company formally backs Uber's 13 billion euro takeover bid

Delivery Hero Backs Uber’s €13 Billion Takeover, Creating 99-Country Food Empire

Delivery Hero's board formally backed Uber's €13 billion takeover at €41.50 per share Thursday, with Prosus committing to tender its shares. The deal creates a 99-country food delivery network and requires EU

July 16, 2026

by Olivia Taylor

Friedrich Merz at Bundestag, Germany chancellor with record-low 14% approval rating in 2026

85% of Germans Disapprove of Chancellor Merz as Parliament Enters Summer Recess

A Forsa poll found 85% of Germans disapprove of Chancellor Merz and 82% of his cabinet, with 67% expecting the economy to worsen. Parliament breaks for summer leaving Merz with no legislative runway before September state elections that could benefit

July 15, 2026

by Miranda Novell

China economic growth chart showing slowest quarterly GDP since 2022 lockdowns

China’s Economy Grows at Slowest Rate Since 2022 Lockdowns as Domestic Demand Stalls

China's economy expanded 4.3 percent in the second quarter of 2026, the slowest pace since the

ASML semiconductor equipment factory producing EUV lithography machines for AI chip manufacturing

ASML Raises 2026 Forecast a Second Time as AI Chip Demand Defies Expectations

ASML lifted its 2026 revenue forecast to €43-45 billion on Wednesday, the second upward revision this

Beef on display at a Beijing market as China imposes a 55% tariff on Australian beef imports above quota

Australia Braces for 55% China Beef Tariff as Quota Nears Trigger in Weeks

Australia's red meat industry expects strong US and Southeast Asian demand to cushion the blow as a 55% Chinese beef tariff looms within weeks, once Canberra's 205,000-ton quota is exhausted.

May 28, 2026

Business·Economy·Markets·News

Vladimir Putin and Kassym-Jomart Tokayev during the Russia Kazakhstan state visit in Astana

Russia-Kazakhstan Trade Nears Record $30 Billion as Putin, Tokayev Meet in Astana

Kazakh President Kassym-Jomart Tokayev said trade with Russia is heading toward a record $30 billion as Vladimir Putin opened a rare second state visit to Astana tied to the EAEU summit.

May 28, 2026

Business·Economy·News

Iranian flags and portraits at a ceremony as US strikes and IRGC retaliation push oil prices higher

Oil Jumps 3% as US Strikes and Iran Airbase Retaliation Revive Strait of Hormuz Supply Fears

Brent crude jumped more than 3% to $97.29 a barrel on Thursday after fresh US strikes in Iran and an IRGC claim that it hit a US airbase reignited fears over Strait

May 28, 2026

Business·Economy·Markets·News

Server racks and cloud computing infrastructure representing the Pentagon's $9.7 billion Dell Microsoft software contract

Pentagon Awards Dell Federal Systems $9.7 Billion Contract to Centralize Military Software

The Pentagon has awarded Dell Federal Systems a five-year, $9.69 billion blanket purchase agreement to consolidate Microsoft software licensing across the U.S. military, intelligence community and Coast Guard, with officials projecting $422

May 28, 2026

Business·Conflicts, Military and War·News·Technology

Canadian and American flags at the Rainbow Bridge U.S.-Canada border crossing in Niagara Falls

Calgary, Toronto Lead Canada’s Break from US Trade as Ontario Manufacturing Bleeds

A Canadian Chamber of Commerce report finds Calgary and Ottawa-Gatineau grew non-U.S. exports by over 64% in 2025, while Ontario's manufacturing belt faces deepening trade stress and limited diversification momentum.

May 28, 2026

Business·Economy·News

President Donald Trump in the Oval Office of the White House, Washington, May 2026

Trump’s Presidency Has Become an Operating System for Corruption, American Democracy May Never Recover

From 3,700 stock trades timed to his own policy decisions to a $500 million crypto deal with a UAE royal, Donald Trump has systematically dismantled the ethical architecture of the American presidency.

May 28, 2026

Business·Government and Politics·News

Vessels anchored in the Strait of Hormuz off Bandar Abbas in southern Iran, May 4, 2026

The Hormuz Crisis Has a Second Wave, and It Will Be Felt on Grocery Shelves

Three months after Iran closed the Strait of Hormuz, the oil shock is giving way to a slower, more insidious crisis. Fertilizer flows have stalled, planting calendars are being rewritten, and the

May 28, 2026

Business·Conflicts, Military and War·Economy·News

Micron Technology stock hits $1 trillion market capitalization on NYSE trading floor

Micron Tops $1 Trillion as UBS Triples Price Target on AI Memory Boom

Micron Technology closed above a $1 trillion market capitalization for the first time on May 26, 2026, after UBS analyst Timothy Arcuri tripled his price target on the stock to $1,625, citing

May 28, 2026

Artificial Intelligence·Business·Economy·News·Technology

BP chairman Albert Manifold removed amid governance and conduct controversy

BP Boardroom Chaos Deepens, Albert Manifold Ousted in Stunning Power Struggle

BP has plunged into yet another corporate crisis after the dramatic removal of chairman Albert Manifold, a shock decision that has intensified scrutiny over governance failures, leadership instability, and the oil major’s

May 28, 2026

Business·Economy·News

Wall Street traders monitor Salesforce and Marvell earnings as AI stocks push Nasdaq toward record highs

Wall Street Nears New Records, Salesforce and Marvell Face AI Earnings Test

Wall Street drifted toward fresh record highs on Wednesday as investors prepared for one of the most closely watched earnings sessions of the year, with Salesforce and Marvell Technology expected to deliver

May 27, 2026

Business·Economy·News

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Business- Page 63

Delivery Hero Backs Uber’s €13 Billion Takeover, Creating 99-Country Food Empire

China’s Economy Grows at Slowest Rate Since 2022 Lockdowns as Domestic Demand Stalls

ASML Raises 2026 Forecast a Second Time as AI Chip Demand Defies Expectations

Australia Braces for 55% China Beef Tariff as Quota Nears Trigger in Weeks

Russia-Kazakhstan Trade Nears Record $30 Billion as Putin, Tokayev Meet in Astana

Oil Jumps 3% as US Strikes and Iran Airbase Retaliation Revive Strait of Hormuz Supply Fears

Calgary, Toronto Lead Canada’s Break from US Trade as Ontario Manufacturing Bleeds

Trump’s Presidency Has Become an Operating System for Corruption, American Democracy May Never Recover

The Hormuz Crisis Has a Second Wave, and It Will Be Felt on Grocery Shelves

Micron Tops $1 Trillion as UBS Triples Price Target on AI Memory Boom

BP Boardroom Chaos Deepens, Albert Manifold Ousted in Stunning Power Struggle

Wall Street Nears New Records, Salesforce and Marvell Face AI Earnings Test

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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