Industry

IEA Analysis: China’s Rare-Earth Export Controls Could Put $6.5 Trillion of Global Manufacturing at Risk

IEA says full implementation of China’s expanded rare‑earth export controls could put about $6.5 trillion a year of non‑Chinese downstream production at risk.

#rareearths, #china, #supplychains, #criticalminerals

EU Clears PIF-Led $55 Billion Acquisition of Electronic Arts, Antitrust Hurdle Removed

EU regulators cleared the PIF-led $55B takeover of Electronic Arts, lifting a major antitrust obstacle though foreign-subsidy and U.S. reviews remain.

$EA, #electronicarts, #pif, #merger, #gaming

STB Orders Union Pacific, Norfolk Southern to Publicly Disclose Employee-Impact Data in Merger Case

The Surface Transportation Board ordered Union Pacific and Norfolk Southern to make employee-impact exhibits public, revealing projected job changes ahead of a filing deadline.

$UNP, $NSC, #rail, #merger, #stb, #unionpacific, #norfolksouthern

Teamsters Reach Agreement in Principle With United for 11,000 Mechanics, But Contract Not Final

Teamsters announce an agreement in principle with United for more than 11,000 mechanics, including a $54M signing bonus; ratification still required.

$UAL, #teamsters, #unitedairlines, #labor, #aviation

AerCap Orders 15 Boeing 787-9s at Farnborough, Boosting Its 787 Fleet to About 140

Dublin-based lessor AerCap placed a firm order for 15 Boeing 787-9 Dreamliners at Farnborough, signaling sustained demand for modern widebodies.

$AER, $BA, #aviation, #aerospace, #boeing, #aercap, #leasing

MSC Air Cargo Orders Five Boeing 777-8 Freighters at Farnborough Airshow

MSC Air Cargo ordered five Boeing 777-8 freighters at the Farnborough Airshow, its first 777-8 purchase as demand for Boeing’s large freighter grows.

$BA, #boeing, #mscaircargo, #777-8, #aircargo

Judge Temporarily Blocks $110 Billion Paramount Skydance–Warner Bros. Discovery Merger

A federal judge in California issued a temporary restraining order halting the $110 billion Paramount Skydance–Warner Bros. Discovery merger while states press antitrust claims.

$WBD, #antitrust, #merger, #media, #entertainment

Xbox Restructures: About 3,200 Jobs Cut Through FY2027 as Company Refocuses on Fewer Franchises

Xbox will cut roughly 3,200 jobs through fiscal 2027 and shift from a broad studio-and-subscription model to concentrate on established franchises.

$MSFT, #xbox, #microsoft, #layoffs, #gaming, #gamepass

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

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

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

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

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

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

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