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FeaturedFintech
Major breakthrough for Revolut as fintech giant wins conditional US banking licence
The company will now work through remaining applications and approvals with the FDIC, the Federal Reserve and the OCC, before launching the bank in 2027
BrokerageFeatured
Citi’s China brokerage push set to intensify competition in local market
The American bank, in 2021, applied for a wholly-owned mainland brokerage unit licence to ramp up its presence in China
EnergyFeatured
Iran war rewires Gulf trade, and infrastructure becomes the new oil
With the Strait of Hormuz all but shut for six months, Gulf states are ploughing billions into pipelines, ports and rail
AviationFeatured
Premium push: American, Southwest announce packages for ‘higher-spending travellers’
American Airlines will be adding more premium seats to its Boeing 777-300ER widebody fleet, while retiring its first class on the aircraft
FeaturedTransport
Volkswagen approves Oliver Blume’s plan for 50,000 more job cuts, US expansion
Volkswagen's restructuring plan also explores alternatives for four German plants that will eventually run out of models during the next decade
FeaturedTelecom
Euro Stoxx 50 return, Saudi expansion extend Nokia’s stunning comeback
In 2026, Nokia's stocks have remained more than double their price seen at the same time in 2025, helped by the company's AI focus
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