The Global Economic News

Image source, Chipotle Image caption, Chipotle has more than 4,100 restaurants globally By Osmond Chia Business reporter Published 14 July 2026, 03:26 BST Updated 2 hours ago Chipotle Mexican Grill is set to open its first restaurant in Mexico this week, testing its appeal in the country that inspired its menu. The chain, which has more than 4,100 outlets worldwide, said on Monday that the move is a "significant milestone" for the firm - known for its customisable burritos, tacos and bowls. The announcement has been met with a mixed response on social media, with many users mocking the decision. US restaurant chains have struggled to succeed in the countries their dishes originated. Taco Bell no longer has any outlets in Mexico, while Domino's Pizza has pulled out of Italy. Chipotle boss Scott Boatwright said: "We are entering Mexico with deep respect for the country's culinary heritage and a commitment to delivering the Chipotle experience with excellence....

Image source, Getty Images Image caption, Warner Bros is headquartered in Burbank, California. By Francisco Velasquez Business reporter Published 13 July 2026 Updated 4 hours ago A dozen US states have joined together to block the $110bn ( 85bn) merger between Warner Bros. and Paramount, claiming the largest media consolidation in Hollywood history would stifle competition and raise consumer prices. A lawsuit has been filed by 12 states, led by California, where Paramount and Warner Bros keep their headquarters and production studios. California Attorney General Rob Bonta claimed the merger would end up harming "audiences on every sofa and movie theater seat in the US". If it goes ahead, the new company would account for over a quarter of major film releases. Together with Disney, Universal, and Sony, just four conglomerates would control 86% percent of that market. US news website Semafor reported , external that David Ellison, the controlling owner and chief executive of P...

Image source, Getty Images By Lucy Hooker , Emer Moreau and Daniel Thomas , Business reporters Published 4 hours ago Parents know the drill: as the end of summer term rolls in it's time to think about thank-yous for the teachers after another year of hard work and tested patience. But just how generous should you be? Is 5 too much? Or too little? And what about support staff like teaching assistants, canteen staff and librarians? With many parents strapped for cash and heading into the holidays, it's an extra expense to budget for and an awkward etiquette to negotiate. Plus, what used to be a simple matter of buying chocolate and writing a card has been overtaken by an organisational extravaganza, with class reps sending out a flurry of Whatsapps to drum up contributions, before passing round the collective card, and deciding on flowers, spa days, wine or vouchers. 'You can't just put a few quid in or you'll seem tight' This can all really add up, as one p...

Singapore's economy expanded 5.7% in the second quarter, topping market expectations, on the back of strong growth in the manufacturing sector. The growth figure was higher than the 5.5% expected by economists polled by Reuters, but lower than the revised 6.3% seen in the first quarter, according to a release from the country's Ministry of Trade and Industry . The goods sector expanded 10.4% from the 8.4% in the previous quarter, while growth in the services sector slowed to 4.6% from 6.2% in the first quarter. The advance GDP data comes as Singapore's central bank prepares to announce its quarterly monetary policy decision later this month. Instead of using interest rates, the city-state manages monetary policy by influencing the Singapore dollar's value against the currencies of its main trading partners within an undisclosed trading band, known as the Singapore dollar nominal effective exchange rate, or S$NEER. The Singapore dollar traded at 1.294 against the gre...

Japanese government bond yields have been hitting multi-decade highs, with benchmark 10-year reaching levels not seen since 1996 last week. While Japanese bonds have been selling off amid policy normalization by the Bank of Japan and concerns over Japanese Prime Minister Sanae Takaichi's spending plans, experts say that the asset class deserves another look from investors. "JGBs are increasingly moving from "uninvestable" to "investable" for global bond investors," according to Masahiko Loo, senior fixed income strategist at State Street Investment Management. Loo said that the multi-decade-high yields mean that investors are "finally" getting paid to own Japanese paper again. The 10-year JGB yield hit 2.901% last Thursday and is currently trading at 2.781%, over 70 basis points higher since the start of the year. Yield on the 20-year JGBs also hit a high of 3.901% last Thursday. JGBs were long impacted by the Bank of Japan's yield curve...

Netflix Is Losing Viewers To The World Cup. That May Be The Wrong Measure Of The Business. Jim Osman Sun, July 12, 2026 at 8:49 AM PDT 5 min read NFLX (NFLX) reports second-quarter earnings on July 16, three days before the World Cup final. That is awkward timing. The biggest sporting event on the planet is taking viewers away from almost every other form of entertainment, and Netflix does not own the rights. Engagement will likely drop. It would be strange if it did. But I think investors are in danger of drawing the wrong conclusion from that. More News from Barchart Taiwan Just Waved a Red Flag for Nvidia Stock Taiwan Semi Stock Is Approaching Fair Value Ahead of July 16. How to Play TSM Here. Forget GPUs. Nvidia's Next AI Gold Mine Could Be Even Bigger. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Watching less (NFLX) during the Worl...

Image source, Reuters Image caption, Reform UK leader Nigel Farage By Faisal Islam Economics editor Published 2 minutes ago Who is the biggest purchaser of the world's biggest safe haven asset - gold? China? Japan? One of the Gulf countries, perhaps? In fact, the single biggest buyer of the precious metal last year was a company you've probably never heard of a crypto firm called Tether The El Salvador-based company runs USDT, the world's biggest stablecoin, which is a form of crypto backed up by hard currency. It serves as a conduit between riskier, volatile cryptocurrencies and the conventional finance system, essentially used as an offshore dollar. Yet Tether bought more gold last year than anyone, according to European Central Bank data. It keeps it stored in a James Bond-style Swiss former nuclear bunker, according to Tether's boss. Tether says it also owns as much US Government debt as some G20 nation states, some $135bn ( 101bn), which is more than South Kore...

Stocks making the biggest moves midday: NIO, BRAI, APP, SPCX, SKHY Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Check out the companies making the biggest moves midday: Braiin The AI platform stock surged 62% after the company launched its Aria, an AI agent designed for the real estate industry. "We believe this creates a scalable recurring software opportunity within a global real estate software market forecasted to reach approximately $32 billion by 2033," CEO Natraj Balasubramanian said in a statement. AppLovin The software stock tumbled 12%, making it the worst-performing S & P 500 member to start the week. The decline also put AppLovin on pace for its sixth daily loss in seven sessions. Biogen Shares added almost 2% after Truist upgraded the biotechnology name to buy from hold. Truist said the stock could see upside after Biogen releases the latest data from investigational drug trials. Nio U.S.-listed ...

Retail investing is booming but the trade is getting pickier: Chart of the Day Retail investor money is moving, but it is not staying put for long. Jared Blikre Sun, July 12, 2026 at 4:47 AM PDT 2 min read SPCX Retail investors are still crowding into the market, just not in the old buy-everything way. VandaTrack data shows retail trading activity near record highs, while net buying the gap between what retail investors buy and what they sell has fallen to its weakest pace since the COVID era. It's a sign that retail money is rotating quickly between trades instead of lifting the whole market. 1-month rolling retail net buying (buys plus sells) across US-listed securities VandaTrack, Yahoo Finance That might look strange at first. Stocks are near records, AI remains the market's dominant obsession, and retail traders are still showing up everywhere from SpaceX ( SPCX ) to crypto ETFs. But the broad retail bid has faded. VandaTrack data shows one-month rolling net buying down t...

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Image source, Getty Images By Theo Leggett International Business Correspondent Published 2 hours ago The chief executive of the German car giant Volkswagen Group has confirmed it is looking to cut up to 100,000 jobs twice as many as previously stated. The group, which includes Porsche, Audi, Seat and Skoda as well as the VW brand, had previously said it would axe some 50,000 posts in Germany by 2030. It suffered a steep decline in profits last year the result of falling sales in key markets, as well as increasing competition from Chinese brands moving into Europe. In a widely-reported memo to staff, chief executive Oliver Blume said the Group's costs were 20% higher compared to rival businesses, and it would need to reduce its outgoings even further. This, he said would mean a theoretical loss of 50,000 jobs worldwide. "We are currently assessing across all brands, companies and regions how many adjustments are actually necessary and feasible," he said. "We need to...

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This is how rich SpaceX workers are after the IPO Damilola Esebame Sun, July 12, 2026 at 7:37 AM PDT 5 min read SPCX 2222.SR ^IXIC Juan Hernandez, who now works as a welder at Jeff Bezos-owned rival Blue Origin, is one of more than 4,400 current and former SpaceX employees who became millionaires on paper when the company went public. When SpaceX hired Juan Hernandez as a welder in 2015, the company offered him $10,000 in stock alongside his $28-an-hour wage. He accepted the equity without giving it much thought, since none of his previous hourly positions had included company shares, Hernandez told CBS News . SpaceX priced its initial public offering at $135 per share ahead of the Nasdaq debut, valuing Hernandez's 6,500 shares at roughly $880,000 at the offer price, Fortune reported . The offering raised $75 billion at an implied valuation of approximately $1.77 trillion, according to Nasdaq , and became the largest initial public offering in history, nearly tripling the previous...

Stocks making the biggest moves premarket: SKHY, MU, MGM Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Check out the companies making the biggest moves premarket: SK Hynix U.S.-listed shares of the South Korean chipmaker tumbled 8% after their debut on the Nasdaq on Friday when they popped nearly 13%. Seoul-listed shares of the company sunk more than 15% , posting their worst day in history. Memory and chips stocks A slew of names were under pressure as investors again took another look at the viability of the artificial intelligence trade. The Roundhill Memory ETF (DRAM) was off 9% as Sandisk tumbled 5.5%, while Western Digital and Micron Technology were off 5%. Meanwhile, the iShares Semiconductor ETF (SOXX) was off 2%, while Intel declined more than 2.5% and Advanced Micro Devices fell 2%. CCC Intelligent Solutions Shares of the software company were higher by 2% after a Bloomberg report said Elliott Investment Managemen...

Prediction market platform Kalshi is launching a product for its highly active traders on Monday, the company told CNBC. Kalshi Pro, now available to the public, is designed for speculators who trade multiple markets at the same time and or move with speed during live events, according to a memo provided to CNBC. The platform is also designed to support those who run resting orders, trades that don't execute until certain prices are met, the memo said. CNBC reported in the beginning of June that Kalshi was working on a terminal for its high-end traders. Kalshi confirmed the product's development at an event later that month. While publicly available, the Pro product remains in beta testing. The platform also allows traders to see a continuous feed of all public trades, have a better view into individual contracts' order books and provides a simpler way to examine multi-leg contract trades, the memo said. The product is a response to the fact that many of Kalshi's mo...

President Donald Trump on Monday said the U.S. is "going to get paid for guarding" the Strait of Hormuz , the major oil -shipping route and epicenter of the re-escalating war with Iran . "We're going to keep the strait, and we'll probably run it," Trump said in a Fox News interview, which came amid new exchanges of fire between U.S. and Iran that have put the prospect of a peace deal further out of reach. Oil prices rose Monday morning, while stock indexes fell. "We'll become the guardian of the strait maybe we'll call it the guardian angel of the strait," Trump told Fox. "And we should be reimbursed for that." "We can't be expected to do that for nothing, unlike we had for many years," he added. "We guarded it for nothing, and now we're going to guard it, we're going to get paid for guarding it. A lot of money." The president expressed his interest in charging protection money in the strait as Was...

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Image caption, Shilpi Chotrani, who commutes from Spain to Gibraltar every day, can't wait for the removal of the border By Guy Hedgecoe Business reporter , Reporting from Gibraltar Published 13 July 2026, 00:29 BST Every weekday morning, Shilpi Chotrani rides her bicycle from her home in the Spanish town of La Línea de la Concepción to Gibraltar. It's a short journey but it means crossing an international border. A British Overseas Territory of around 40,000 inhabitants, Gibraltar has a border control for those entering and leaving. That means that during the morning and afternoon rush hours, when around 15,000 Spaniards who work in the territory cross the frontier, there can be long, time-consuming queues. "The fact that there is a border between us is ridiculous," says Chotrani, who has a job in human resources in a Gibraltarian shipping and tourism company. "I don't think a fence should separate people from one place and another." Behind her, the 1,...