Finance

Markets, economy, and industry.

  1. Industry

    Honeywell Completes Acquisition of Johnson Matthey’s Catalyst Technologies

    Honeywell completed its acquisition of Johnson Matthey’s Catalyst Technologies, boosting its catalysts and process-technology offerings for refining and renewable fuels.

    · $HON $JMAT #honeywell #johnsonmatthey #acquisition #catalysts

  2. Economy

    BIS working paper says sovereign‑bank “doom loop” has widened to include nonbank financial institutions

    A BIS working paper finds the classic sovereign‑bank “doom loop” has widened into a sovereign‑bank‑NBFI nexus, raising new risks from leveraged nonbanks.

    · #bis #sovereign-debt #nbfis #banks

  3. Economy

    India-UK trade and social-security pacts enter into force, activating tariff cuts and posting rules

    India and the UK put trade and social-security agreements into force on July 15, delivering tariff-free access for most Indian goods and easing cross-border postings.

    · #trade #india #uk #tariffs #socialsecurity

  4. Industry

    Commerce Agrees to Fund Up to $225 Million for Bosch Silicon‑Carbide Chip Plant in Roseville

    Commerce and Bosch signed a direct funding agreement for up to $225M to expand silicon‑carbide chip production at a Roseville, California plant.

    · #bosch #semiconductors #siliconcarbide #chips #roseville

  5. Industry

    Standard Chartered launches institutional USDC minting and redemption in Dubai, echoing BNY Mellon

    Standard Chartered began offering eligible institutional clients USDC minting and redemption via its Dubai arm; BNY Mellon announced a similar Circle-linked service days earlier.

    · #stablecoin #usdc #banking #circle #bny

  6. Financial Markets

    CFTC Blocks Kalshi Emergency Rule, Orders Exchange to Honor Michigan Trades

    The CFTC halted Kalshi’s emergency rule to void Michigan trades and ordered the federally regulated exchange to honor executed positions, citing market integrity.

    · #cftc #kalshi #derivatives #michigan

  7. Economy

    U.S. Consumer Prices Fall 0.4% in June as Gasoline Plunge Triggers Largest Monthly Drop Since 2020

    Gasoline prices plunged in June, pulling headline CPI down 0.4% month-over-month; year-over-year CPI remains up 3.5% and core CPI was flat.

    · #economy #inflation #cpi #fed

  8. Industry

    FTC Secures Proposed Record $12 Million Penalty Against Edwards Lifesciences for Alleged HSR Filing Violation

    The FTC obtained a proposed record $12M penalty against Edwards and Genesis, alleging they structured a 2024 med-tech deal to dodge HSR filing requirements.

    · $EW #edwardslifesciences #antitrust #mergers #medtech

  9. Economy

    India's Retail Inflation Rises to 4.38% in June as Food Prices Accelerate

    India’s CPI inflation rose to 4.38% in June from 3.93% in May as food prices climbed; rural inflation outpaced urban, the national statistics office said.

    · #india #inflation #cpi #foodprices

  10. Financial Markets

    USDA Cuts 2026/27 U.S. Wheat Forecast; Smallest Crop Since 1970/71

    USDA's July WASDE trims U.S. 2026/27 wheat to 1.536bn bushels — the smallest harvest since 1970/71 — and tightens global grain stocks.

    · #wheat #usda #agriculture #wasde

  11. Industry

    U.K. names AWS, Google Cloud, Microsoft and Oracle as first ‘Critical Third Parties’ for finance

    HM Treasury designated AWS, Google Cloud, Microsoft and Oracle as the U.K.’s first Critical Third Parties, triggering joint Bank of England-FCA-PRA oversight.

    · #cloud #financialregulation #uk #cloudproviders

  12. Industry

    Texas Filing Shows Most of id Software’s Public Headcount Cut in Microsoft Xbox Layoffs

    Texas WARN filing shows 136 id Software layoffs tied to Microsoft's Xbox cuts, removing much of the studio's public headcount and raising concerns about lost technical knowledge.

    · $MSFT #gaming #layoffs #microsoft #idsoftware

  13. Economy

    Fed Minutes Show Officials Weigh Another Rate Hike and Signal Firmer Inflation Focus

    June Fed minutes show officials viewed inflation as too high, debated removing easing language and some said another rate hike could be warranted.

    · #fed #interest-rates #inflation #monetary-policy

  14. Industry

    FTC and Five States File Proposed 10-Year Repair-Access Settlement With John Deere

    The FTC and five states filed a proposed settlement requiring John Deere to give farmers and independent repair shops dealer-equivalent software tools and manuals for 10 years.

    · $DE #deere #righttorepair #antitrust #ftc #farmers

  15. Industry

    Apple deepens Broadcom tie with multiyear chip pact, $1.5 billion Fort Collins expansion

    Apple and Broadcom extend ties through 2031 in deals set to exceed $30B, produce 15 billion U.S.-made chips and fund a $1.5B Fort Collins expansion.

    · $AAPL $AVGO #apple #broadcom #chips #manufacturing #fortcollins

  16. Industry

    Judge Revives New York Fraud Claim Against DCG and Barry Silbert in Genesis Yield Lawsuit

    A Connecticut federal judge revived a New York common-law fraud claim against Digital Currency Group and Barry Silbert in the Genesis Yield investor suit.

    · #cryptocurrency #law #digitalcurrencygroup #genesis

  17. Industry

    Toyota to Invest $3.6 Billion to Double San Antonio Plant, Add Tacoma Line and 2,000 Jobs

    Toyota will invest $3.6 billion to double its San Antonio plant, add a second Tacoma assembly line and create 2,000 jobs as production shifts from Mexico.

    · $TM #toyota #automotive #manufacturing #sanantonio #texas

  18. Industry

    TeraWulf Signs 20-Year Lease with Anthropic for Kentucky AI Campus, Sees $19 Billion in Contracted Lease Revenue

    TeraWulf said Anthropic will lease a 401 MW AI/HPC campus in Hawesville, Kentucky under a 20-year deal the company values at about $19 billion.

    · $WULF #terawulf #anthropic #ai #datacenters

  19. Industry

    FCA review warns agentic AI could reshape UK retail financial services by 2030, sets out seven regulatory steps

    FCA review warns agentic AI could reshape UK retail financial services by 2030 and recommends seven regulatory steps to manage benefits and risks.

    · #ai #financial-services #regulation #fca