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Taiwan Semiconductor Manufacturing Co. reported July revenue of 467.58 billion new Taiwan dollars ($14.5 billion), representing 44.7% year-on-year growth driven by continued AI chip demand.
Egypt plans to increase oil and gas production and invest $4.5bn in refinery development as part of its 2026/2027 economic strategy, citing energy security amid geopolitical uncertainty.
U.S. payroll employment fell unexpectedly by 23,000 in July, yet interest rate markets showed muted reaction as traders remained split on Federal Reserve policy direction for next month.
Volkswagen is planning a significant overhaul of its US operations, appointing new leadership and exploring a pickup truck launch before 2030 as part of a broader model-line expansion.
PPC agreed to acquire ABO Energy’s Polish and Hungarian subsidiaries, including 82MW of operating solar parks and a 2GW development pipeline, with closing expected by year-end.
Under Armour reduced its fiscal 2027 sales outlook, citing softer consumer demand in North America and Asia-Pacific, though the company maintained its profit guidance.
