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Canada opens Gordie Howe Bridge without US officials as trade tensions escalate

Canada will officially mark the opening of the Gordie Howe International Bridge without U.S. participation on Friday, after growing tensions over trade issues and a dispute surrounding toll arrangements disrupted plans for a joint celebration. The major infrastructure project, which connects Windsor,......

UK says US tariff update leaves British businesses unaffected

The United Kingdom has sought to reassure exporters after the United States announced a new round of tariffs targeting several trading partners over concerns about the enforcement of forced labour restrictions. British officials said the latest measures would not worsen trading conditions for UK companies......

IBM acquires HRL Laboratories to expand dual-track quantum computing strategy

IBM has agreed to acquire HRL Laboratories, a private research facility specializing in quantum technologies, as the technology giant expands its approach to developing next-generation quantum computers. The acquisition adds a new technological pathway to IBM’s existing quantum strategy, which......

Lockheed Martin raises 2026 outlook as global conflicts drive weapons demand

  Lockheed Martin has increased its 2026 sales and profit expectations as rising geopolitical tensions and government efforts to rebuild military inventories fuel stronger demand for defense equipment. The United States defense contractor said its improved outlook reflects growing orders across......

T-Mobile lifts free cash flow outlook as premium plans drive stronger growth

T-Mobile has raised its annual adjusted free cash flow forecast after reporting stronger-than-expected quarterly results, supported by growing demand for higher-value wireless plans and increased customer adoption of premium offerings. The United States telecommunications company said the shift toward......

Trump escalates warning to Iran with threat to strike infrastructure over Hormuz attacks

U.S. President Donald Trump has intensified Washington's rhetoric toward Iran by declaring that the United States would retaliate against key Iranian infrastructure if commercial or military vessels are attacked in the Strait of Hormuz, a vital corridor for global energy shipments. The warning marks......

Pentagon estimates Iran conflict has cost the United States $37.5 billion

U.S. Defense Secretary Pete Hegseth has told lawmakers that the military campaign involving Iran has cost the United States an estimated $37.5 billion so far, reflecting a significant increase from previous projections and reinforcing the administration's call for additional defense funding. Speaking......

US launches $5 billion AI initiative to advance health and construction research

The United States government has announced a $5 billion investment aimed at using artificial intelligence to address major scientific challenges in fields including healthcare, pharmaceuticals and construction, as part of a broader effort to accelerate research through advanced technologies. The initiative,......

Bloomsbury to receive compensation under landmark $1.5 billion Anthropic copyright settlement

Bloomsbury Publishing has confirmed it will receive compensation as part of a landmark $1.5 billion settlement resolving claims that artificial intelligence company Anthropic used copyrighted books to train its AI models without obtaining the necessary licenses. The agreement, approved by a U.S. federal......

Amgen agrees to $74 million settlement in shareholder lawsuit over tax disclosure claims

Biotechnology giant Amgen has agreed to a $74 million settlement in a shareholder lawsuit alleging that the company delayed disclosing a potential $10.7 billion tax liability linked to claims of underreported taxes. The proposed settlement, filed in a federal court in Manhattan, still requires approval......

Meliá ends operations in Cuba after more than three decades amid US pressure

Spanish hospitality giant Meliá Hotels International has announced it will end all of its remaining operations in Cuba on July 24, marking the conclusion of more than 30 years of activity on the Caribbean island as geopolitical pressures reshape the tourism landscape. The withdrawal represents......

US banks poised to support Japan’s $550 billion investment initiative in the United States

Major U.S. banks, including JPMorgan, are nearing agreements to help finance projects under Japan's $550 billion investment commitment in the United States, marking a significant step in implementing one of the largest cross-border investment initiatives between the two allies. According to sources......

Boeing challenges Airbus loan package as US-EU aircraft subsidy tensions return

Boeing has urged the United States government to seek further explanations from the European Union over a €3 billion ($3.43 billion) loan package granted to Airbus, reopening a long-running dispute over aircraft subsidies between the two aerospace giants. The American aircraft manufacturer has......

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