North America:

  • Tesla is expanding its robotaxi service to California and Arizona, launching its first store in India, and facing a slowdown in sales impacting Panasonic's US EV battery plant expansion plans.
  • Nvidia supports AI development in Indonesia by creating a Center of Excellence and collaborates with Aurora Innovation on autonomous trucking.
  • Google is set to heavily discount its cloud computing services for the US government, influenced by government pressure.
  • Boyd Gaming has sold a 5% stake in FanDuel Group for $1.76 billion.
  • Bilt has secured $250 million in a new funding round, reaching a valuation of $10.75 billion.
  • Warehouse REIT has recommended Blackstone's $664 million takeover offer to its shareholders.

Europe:

  • Levi Strauss & Co. has increased its revenue and profit forecasts for FY 2025, citing robust global denim demand.
  • UniCredit's CEO remains committed to acquiring Commerzbank despite German opposition.
  • Brunello Cucinelli has announced a price increase in the US due to tariffs, with a positive outlook and 10.7% revenue growth.
  • Portugal has relaunched the privatization of TAP Air Portugal, aiming to sell a 49.9% stake.
  • BP PLC anticipates an increase in Q2 production compared to Q1, despite expecting up to $1.5 billion in impairments.
  • DNB Bank's financial performance in the second quarter of 2025 fell short of expectations.

Rest of the world:

  • Hindustan Unilever appointed Priya Nair as its new CEO, leading to a 5% jump in stock price.
  • Recruit Holdings Co is reducing its workforce by 1,300 jobs at Indeed and Glassdoor as part of an AI integration strategy.
  • OCBC has appointed insider Tan Teck Long as its new Group CEO.
  • Johns Lyng Group has agreed to be acquired by Sherwood BidCo for approximately A$1.1 billion.
  • Nissan Motor Co. has raised approximately $11.4 billion through bond issuances for refinancing debt and investing in electrification.