World’s biggest chocolate maker issues profit warning as cocoa prices collapse; shares plunge 17%
Swiss chocolate maker Barry Callebaut on Thursday lowered its operating profit outlook, citing supply concerns and industry overcapacity.
U.S. Navy stopped 13 ships from passing Iranian port blockade, Pentagon says
The U.S. has signaled optimism about the prospect of reaching a diplomatic end to the Iran war.
UK eases rules for hedge funds in sweeping overhaul of short selling rules
The U.K.’s Financial Conduct Authority has overhauled its rules on short-selling.
New York Fed President Williams worries war will slow growth, aggravate inflation
Williams noted that the conflict has “intensified the uncertainty” around national and local conditions.
Mark Mobius, ‘Indiana Jones of emerging markets,’ dies at 89
Mark Mobius, widely credited as a pioneer in emerging markets investing, died on Wednesday at the age of 89, according to a statement on his LinkedIn page.
Stocks making the biggest moves premarket: PepsiCo, Taiwan Semiconductor, Voyager Technologies, PPG & more
These are the stocks posting the largest moves in the premarket.
‘Guns vs. butter’: IMF flags tough trade-offs as governments ramp up defense spending
The International Monetary Fund has raised the alarm over a global “guns versus butter” trade-off as countries ramp up defense spending.
Anthropic unveils plans for major UK expansion after OpenAI announces first permanent London office
The move follows a U.K. campaign to court the U.S. company following its fallout with the Pentagon.
EasyJet’s stock drops 5% as the Middle East conflict, fuel costs weigh on bookings outlook
EasyJet said it took on roughly £25 million in additional fuel costs in the first half of 2026 due to the Middle East conflict.
Kering looks to double profits as it unveils ambitious turnaround plan to revive Gucci
The “ReconKering” strategy announced Thursday includes more than doubling its 2025 recurring operating margin of 11.1%.
