WORLD
Elon Musk’s X sues New York over law requiring hate-speech data
X said the rules are based on a “nearly identical” California law that the company successfully challenged in court
BUSINESS
MakeMyTrip seeks over $2 billion in shares, convertible sale
MakeMyTrip is offering 14 million new shares, and is also seeking to raise $1.25 billion from the sale of zero-coupon convertible bonds, according to a statement Monday
BUSINESS
G-7 works to secure critical minerals in face of China curbs
G-7 leaders aim to agree to a statement at their meeting in Kananaskis, Canada, to establish an “action plan” to diversify supplies of the vital metals and encourage “immediate and scaled investment” in projects.
BUSINESS
Oil rises, US futures drop on Trump Tehran warning
A gauge of Asian stocks slipped, though Japanese and South Korean shares were marginally higher, after risk-on sentiment returned to Wall Street on Monday and pushed the S&P 500 up about 1% and back above 6,000.
BUSINESS
Hormuz oil flows show muted impact from Iran-Israel conflict
While there have been some attacks on energy infrastructure in both countries, the most oil-price-sensitive sites, including Hormuz and the major Kharg Island export terminal, have been spared.
BUSINESS
Airbus dominates Paris Air Show debut as Boeing sits out order frenzy
Airbus first landed an order for as many as 77 freighter and passenger aircraft from Saudi Arabian lessor AviLease, followed by a deal for as many as 50 of its A350-1000 widebody jets from Riyadh Air.
WORLD
Israeli weapons displays covered at Paris Air Show, sparking protests
The move comes at a delicate time, as Israel’s missile exchange with Iran inflames tensions in the region for a fourth day, and its actions in Gaza raise growing human rights concerns.
WORLD
Israel’s vaunted air shield tested as Iran rains down missiles
Netanyahu says Israel is in “an existential campaign” that aims to set back Iran’s nuclear program by years, if not forever.
TECHNOLOGY
China joins US in brain implant race with clinical trial
Chinese researchers used brain-computer interfaces, or BCI, a wireless invasive implant in a patient with tetraplegia in March
BUSINESS
Nippon Steel’s investors begin to count the cost of US win
The Japanese company secured its much-wanted prize late last week when President Trump approved the $14.1 billion purchase of US Steel
BUSINESS
Adnoc makes $19 billion takeover bid for Australia’s Santos
Santos shares rose as much as 15% on Monday, their biggest intraday jump since April 2020, and were at A$7.805 at 11:53 a.m. in Sydney.
BUSINESS
Gold edges toward record high as Middle East war drives haven bids
The precious metal climbed as much as 0.6% in Asia to near $3,450 an ounce, about $50 short of an all-time peak set in April
WORLD
Oil extends gain as Israel-Iran conflict stokes supply concerns
Brent climbed as much as 5.5% before paring most gains to trade around $75 a barrel, while West Texas Intermediate was near $74
WORLD
Asia stocks climb, oil jumps on Israel-Iran conflict
The Nikkei 225 index was up around 0.8%, leading gains in the region. Brent crude rose as much as 5.5% in early trading
MARKETS
China’s biotech moment ignites a 60% stock rally that beats AI
The surge in China-listed biotech firms is further evidence that the mainland is becoming a center for global innovation
WORLD
How trade disruptions, Israel-Iran conflict will affect global central banks' decisions next week
From Washington to London, wary officials in countries that account for two fifths of the global economy may display a collective sense of paralysis
WORLD
Trump earned $57.7 million from crypto venture, disclosure shows
The financial disclosure, released Friday by the Office of Government Ethics, provided details on his sprawling empire
WORLD
How Iran-Israel conflict is likely to add more fuel to turmoil in oil markets
Israel’s strike on Saturday triggered a powerful explosion and fire at a natural gas processing facility linked to Iran’s giant South Pars field
WORLD
‘No kings’ rallies draw massive crowds of anti-Trump protesters
Major demonstrations took place in Philadelphia, the cradle of US independence, Chicago and across California, including San Francisco, San Diego and Los Angeles
WORLD
Iran’s nuclear sites hobbled but not destroyed: Experts
Natanz is a critical part of Iran’s atomic program, but results from strikes on other sites — at Isfahan and Fordow — will weigh heavily on Israel’s next moves
BUSINESS
Japan urges US to drop auto tariffs as trade talks progress ahead of G7 Summit
Japan’s top trade negotiator Ryosei Akazawa met with US Commerce Secretary Howard Lutnick for 70 minutes and Treasury Secretary Scott Bessent for 45 minutes on Friday.
BUSINESS
'Totally unacceptable': Airbus says India crash a wake-up call for aviation industry, not a competitive edge
“Safety is in everything that we do, so the tragedy in India, we don’t see that in any way, shape or form as a competitive input,” Christian Scherer, who oversees Airbus’s commercial aircraft operation, said at a press meeting in Paris.
WORLD
Stocks sink, oil jumps as Mideast tensions build
The S&P 500 lost over 1%, wiping out this week’s advance. Airline and travel companies tumbled, while energy producers and defense shares rose.
WORLD
Wall Street’s momentum machine faces a Middle East stress test
The airstrikes disrupted this trading pattern Friday, without shattering it. And in the end, another Wall Street phenomenon proved equally important in salvaging the week: momentum.
