World soccer's governing body has reportedly scrapped a plan to sell a 20% stake in a new $20 billion commercial arm after facing a major revolt from global soccer officials, including a boycott threat from Europe's UEFA.
The Commodity Futures Trading Commission has ordered former Rep. George Santos to pay a $35,000 penalty for profiting from bets on a prediction market regarding his own attendance at a political event.
The U.S. Department of Defense awarded General Dynamics two contract modifications worth a combined $273.2 million for naval mine systems and cybersecurity support for the F-35 fighter program.
Russia's benchmark stock index closed higher on Friday, lifted by a strong performance in the mining and energy sectors as global oil prices rallied. Norilsk Nickel was among the top performers, gaining nearly 5%.
Investment firm Stifel has named DexCom its top investment idea in the medical technology sector, citing the company's strong Q2 2026 earnings, raised guidance, and multiple future growth catalysts.
The industrial supply company will replace Electronic Arts in the benchmark index effective August 5, prompting a surge in its share price as index-tracking funds prepare to buy the stock.
Colombia's benchmark COLCAP index surged 2.12% to a new one-month high, propelled by strong gains in the industrial and services sectors. The rally came as the Colombian peso weakened against the U.S. dollar and key commodity markets showed mixed results.
Executives from ExxonMobil and Chevron warned that tight global supplies, driven by geopolitical conflict and refinery issues, will likely keep fuel prices elevated through the end of the year. The warnings came as both oil majors reported a surge in second-quarter refining profits.
Mexico's benchmark stock index, the S&P/BMV IPC, closed lower on Friday, dragged down by significant losses in the industrial and consumer staples sectors. The decline came despite a surge in energy commodities, with Megacable Holdings and Gruma SAB leading the laggards.
