The Canadian dollar strengthened against the U.S. dollar after June employment data showed the economy added significantly more jobs than expected, reinforcing expectations that the Bank of Canada will hold interest rates steady.
The New York Times has filed a countersuit against the U.S. Equal Employment Opportunity Commission, alleging the agency's discrimination lawsuit over its hiring practices is unconstitutional retaliation for the newspaper's political coverage.
The parent company of Men's Wearhouse and Jos. A. Bank has publicly filed for an initial public offering, marking its return to the stock market four years after a Chapter 11 restructuring.
Shares of medical device maker CONMED Corporation rose sharply in after-hours trading Friday following a Bloomberg report that the company is exploring a potential sale after attracting takeover interest.
The South Korean memory chipmaker's American Depositary Receipts closed higher after it completed the largest-ever U.S. initial public offering by a foreign company, signaling strong investor appetite for AI-related hardware.
Wholesale natural gas prices in Europe declined as shipping data confirmed that LNG tankers are still successfully navigating the Strait of Hormuz, allaying immediate fears of a supply cutoff from Middle East tensions.
Russia is reportedly using small drones guided by fiber-optic cables to circumvent electronic jamming and physical barriers, successfully striking high-value electrical substations in Ukraine's Sumy region.
Beijing has enacted an immediate, temporary ban on helium exports to secure its domestic supply for critical industries like semiconductor manufacturing, as renewed conflict in the Middle East threatens global availability. Analysts expect the global market impact to be limited as China is not a major exporter.
Turkey and Iraq are days away from signing a one-year agreement to maintain operations of the crucial Iraq-Turkey crude oil pipeline, ensuring continued flows to the Mediterranean port of Ceyhan.
