China’s economy grows 4.3% in Q2, slowest since late 2022

by News Feed Editor | Jul 19, 2026 | Business

News summary produced by Claude AI China’s economic growth decelerated to a 4.3% annualized rate during the April-June quarter, according to official data released Wednesday. This represented the weakest performance in over three years and fell below both...

American Airlines CEO lays out his vision to close a more than $3 billion profit gap

by News Feed Editor | Jul 19, 2026 | Business

News summary produced by Claude AI American Airlines faces a significant profitability challenge despite operating more daily flights than its major competitors. The carrier logged approximately $3 billion less profit than United Airlines and nearly $5 billion less...

After fixing its engine problems, Rolls-Royce is turning to its next big challenge

by News Feed Editor | Jul 19, 2026 | Business

News summary produced by Claude AI Rolls-Royce has successfully addressed reliability issues with its Trent engines that had caused frequent maintenance visits and disputes with airline customers in recent years. The company’s chief executive reported underlying...

Is Andy Burnham promising a new dawn for North Sea oil and gas?

by News Feed Editor | Jul 19, 2026 | Business

News summary produced by Claude AI As Andy Burnham prepares to assume office as Prime Minister, speculation has mounted regarding his government’s stance on North Sea oil and gas exploration and production. The BBC reported over the weekend that Burnham intends...

‘Good growth in every postcode’: Burnham’s economic to-do list in seven charts

by News Feed Editor | Jul 19, 2026 | Business

Andy Burnham has assumed the role of prime minister as Britain faces a combination of global economic pressures and prolonged stagnation in living standards. The new Labour leader has committed to delivering economic growth across all regions through a strategy of...

Gina Rinehart’s estimated A$700m profit from SpaceX IPO wiped out as stock price dips

by News Feed Editor | Jul 18, 2026 | Business

News summary produced by Claude AI SpaceX shares declined below their initial public offering price of US$135, closing at US$131.11 during trading on Thursday. The aerospace and technology company experienced significant volatility following its mid-June listing,...