A Washington state judge has granted a preliminary injunction against prediction market Kalshi, halting its event contracts in the state due to likely violations of gambling laws. The ruling marks another victory for state regulators in an ongoing jurisdictional dispute with the federally-regulated platform.
The Swiss pharmaceutical giant reported core operating profit of $5.94 billion, exceeding estimates due to one-off gains, but maintained its 2026 guidance as it prepares for higher spending and faces generic competition for a key drug.
Shares of major gold producers, including Newmont and Barrick, gained in premarket trading as spot gold prices rose over 1.5%. The move in bullion is linked to investor sentiment regarding geopolitical tensions and their potential impact on inflation and Federal Reserve policy.
Poland's benchmark WIG30 stock index rose 1.62% to a record close on Tuesday, lifted by strong performance in the basic materials, banking, and energy sectors amid a global rally in commodities.
An external review commissioned by the Bill & Melinda Gates Foundation has cleared the organization of making any payments to or participating in criminal activities linked to the late financier Jeffrey Epstein, the foundation announced Tuesday.
A Milan court has rejected a request by Telecom Italia for measures against KKR-backed FiberCop in a dispute over access tariffs for Italy's primary fixed-line network. The ruling centers on the interpretation of a service agreement established after TIM sold the network in 2024.
The University of Tennessee's research arm has sued AI giant Anthropic, alleging its AI models infringe on two patents for neuroscience-inspired machine-learning technology. The case is believed to be the first patent infringement lawsuit filed against the company.
The investment bank has accelerated its forecast for the normalization of upstream chemical spreads to the end of 2026, citing a shift in market consensus and highlighting specific stock opportunities.
Brazilian aerospace firm Embraer and Sweden's Saab signed an agreement at the Farnborough Airshow to establish a framework for producing an additional 20 Gripen fighter jets at Embraer's facility.
