Budget Express 2026

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Airbus workers to strike at UK wing factories over pay

WORLD

Airbus workers to strike at UK wing factories over pay

The industrial action will start on Sept. 2 and continue over a three-week period at Airbus wing factories in Broughton and Filton, according to Unite, a union that represents more than 3,000 Airbus engineers and aircraft fitters

Pop Mart shares hit record as CEO announces new mini Labubu

BUSINESS

Pop Mart shares hit record as CEO announces new mini Labubu

The stock climbed as much as 14% to HK$319.4, the highest level since the company went public in December 2020, and closed at HK$316

Citadel Securities expands team in India after Jane Street saga

MARKETS

Citadel Securities expands team in India after Jane Street saga

The Miami-based company aims to recruit more traders and senior roles at its Indian operations

Trump embarks on $104 million bond-buying spree while in office

BUSINESS

Trump embarks on $104 million bond-buying spree while in office

The 690 transactions, the first of which was made the day after his inauguration, total at least $103.7 million, according to a document released by the White House

Intel’s $24 billion rally sends valuation to dot-com levels

BUSINESS

Intel’s $24 billion rally sends valuation to dot-com levels

Shares of the struggling chipmaker have rallied 28% this month, adding about $24 billion in market value, on reports that the US government is in talks for a potential equity stake, as well as plans for a $2 billion investment from Japan’s SoftBank Group Corp.

Asian shares, Nasdaq futures fall after tech slide

BUSINESS

Asian shares, Nasdaq futures fall after tech slide

Stocks opened lower in Japan, Australia and South Korea while MSCI’s Asia Pacific Index fell 0.3%.

US targets Chinese steel and lithium for forced-labour scrutiny

BUSINESS

US targets Chinese steel and lithium for forced-labour scrutiny

The announcement of new ‘high-priority sectors’ targeted under the four-year-old Uyghur Forced Labor Prevention Act was included Tuesday in an annual update to the US government’s enforcement efforts

US seeks Intel stake without governance rights, Lutnick says

BUSINESS

US seeks Intel stake without governance rights, Lutnick says

Intel rose as much as 11% in New York trading on Tuesday, while SoftBank fell 4% in Tokyo.

Rich Londoners find money can’t buy ACs as temperatures soar

WORLD

Rich Londoners find money can’t buy ACs as temperatures soar

With temperatures in some parts of the London Underground recently exceeding levels deemed fit for cattle, climate change is well and truly transforming the experience of living in Britain’s capital.

Europe’s wildfires have burned the most land in nearly 20 years

WORLD

Europe’s wildfires have burned the most land in nearly 20 years

Blazes have scorched about 8,948 square kilometers (3,455 square miles) across the European Union in 2025 — more land than in any year since 2006, according to new satellite estimates from the Copernicus space program

Xiaomi’s revenue rises 31% after second EV fires up consumers

BUSINESS

Xiaomi’s revenue rises 31% after second EV fires up consumers

Revenue climbed to 116 billion yuan ($16.2 billion), versus the average analyst estimate of about 115 billion yuan

UK scraps demand for Apple ‘backdoor’ after pressure from US

WORLD

UK scraps demand for Apple ‘backdoor’ after pressure from US

US Director of National Intelligence Tulsi Gabbard said on Monday that British authorities had rescinded an order asking the company to circumvent encryption to help them pursue certain national security and criminal investigations

Pentagon eyes $3.5 billion restock costs from Israel operations

WORLD

Pentagon eyes $3.5 billion restock costs from Israel operations

Almost every paragraph outlining US-specific items to be bankrolled is tagged as an ‘emergency budget request.’

Vietnam kicks off ambitious new projects to spur economic growth

WORLD

Vietnam kicks off ambitious new projects to spur economic growth

The Southeast Asian nation has been stepping up a drive to achieve its GDP growth target of at least 8% this year despite global uncertainties

China, India seek better ties as US tariffs add uncertainty

BUSINESS

China, India seek better ties as US tariffs add uncertainty

“Having seen a difficult period in our relationship” both nations “now seek to move ahead,” Jaishankar said in New Delhi on Monday. “Differences must not become disputes, nor competition conflict.”

Trump tariffs seen fostering new China-Global South trade order

BUSINESS

Trump tariffs seen fostering new China-Global South trade order

China’s goods exports over the past decade have doubled to nations mostly across Southeast Asia, Latin America and the Middle East, compared with growth of 28% to the US and 58% to Western Europe, S&P Global said in a report

SoftBank to invest $2 billion in Intel as part of US push

BUSINESS

SoftBank to invest $2 billion in Intel as part of US push

Intel shares jumped about 5% in late trading after the announcement. They had closed at $23.66 in New York after a year-to-date gain of 18%.

Asian stocks look subdued ahead of Jackson Hole

BUSINESS

Asian stocks look subdued ahead of Jackson Hole

Investors face a pivotal week as the Federal Reserve’s annual Economic Policy Symposium kicks off Thursday in Jackson Hole, Wyoming, potentially offering signals on the path of interest rates.

Trump administration in talks to take a 10% stake in Intel

WORLD

Trump administration in talks to take a 10% stake in Intel

At Intel’s current market value, a 10% stake in the chipmaker would be worth roughly $10.5 billion.

Treasuries extend losses ahead of key Jackson Hole Powell speech

BUSINESS

Treasuries extend losses ahead of key Jackson Hole Powell speech

The benchmark 10-year yield rose two basis points to 4.34%, extending a move that began on Thursday when wholesale inflation jumped the most in three years

Xiaomi’s $120 billion gain faces scrutiny on smartphone slowdown

BUSINESS

Xiaomi’s $120 billion gain faces scrutiny on smartphone slowdown

Concerns are growing over the Chinese technology company’s core smartphone operation, which is expected to post a major slowdown in growth and narrower margins in quarterly results due later Tuesday

US deploys 4,000 troops to Latin America in anti-cartel push

WORLD

US deploys 4,000 troops to Latin America in anti-cartel push

The ready group and expeditionary unit function jointly as a crisis response force and thus can move among combatant commands as needed.

Donald Trump floats order to end mail-in ballots, voting machines

WORLD

Donald Trump floats order to end mail-in ballots, voting machines

The president has long made unsubstantiated allegations that his 2020 election loss to former President Joe Biden was tainted by fraud

Soho House members’ club nears deal to go private, WSJ says

BUSINESS

Soho House members’ club nears deal to go private, WSJ says

The deal would value Soho House at around $1.8 billion, with investors paying around $9 a share for its public stock

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