The US military campaign against Iran has failed to force the regime to capitulate, so the Trump administration is relying on economic sanctions and a naval blockade to stifle oil exports. Bloomberg's Onur Ant explains what the challenges are, with some arguing that the regime is entrenched and that

Thyssenkrupp AG raised the low end of its full-year profit guidance as it reported strength at its steel and naval divisions despite a challenging global industrial environment.

Adyen NV raised its net revenue growth outlook for the year on the back of growing demand for the Dutch payments firm’s services from both new and existing clients.

Expansion comes as businesses weather surge in energy prices

Bloomberg has learned Japanese Prime Minister Sanae Takaichi's government is supportive of a near-term rate hike by the Bank of Japan, with the next move likely either in September or October. This is after the yen edged closer to the key 160-per-dollar level. Mahjabeen Zaman, ANZ’s Head of FX Resea

U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.

Federal Reserve issues initial findings from its 2025 triennial payments study

States ultimately decide how fast technology is adopted

Restoring balance could be painful

Monetary policy decisions