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Air Canada Names Anko Van der Werff as New CEO on July 8, 2026
Air Canada names Anko Van der Werff, Scandinavian Airlines CEO with 25 years of aviation experience and fluency in French, as new leader starting January 2027.
Alibaba (9988.HK) Surges 12% on Cloud Revenue Growth Forecast—July 9
Alibaba (9988.HK) surged 12.2% to HK$107.5 on July 8 after reports of 45% Alibaba Cloud revenue growth forecast and improved Taobao Flash Sale efficiency, lifting the Hang Seng Tech Index 5%.
Rocket Lab Stock Jumps on $8B Iridium Deal and Morgan Stanley Bull Case—July 8
Rocket Lab to buy Iridium for $8B. Morgan Stanley sets bull target at $293. RKLB stock down 17% this week but up 115% over 12 months. Deal closes mid-2027.
Kalyan Jewellers Stock Bounces 5% on Citi Buy Rating Despite Q1 Miss
Kalyan Jewellers stock rebounds 5% to ₹374 on Citi’s Buy rating and ₹750 price target, signaling 111% upside despite Q1 revenue missing forecasts. Meyka grades the stock B+.
Apollo Micro Systems Falls 5% After ₹3,322 Crore Fundraise Approval—July 9
Apollo Micro Systems shares fell 5% on July 8 after board approved ₹3,322 crore fundraise via 22.8 million equity shares at ₹416.60 and 56.9 million convertible warrants. Stock up 117.6% in past year.
Swiss Doctors Threaten Strike Over New Salary Cap Starting January 2027
Swiss doctors threaten strike over new billing cap limiting them to 1,577 points per day starting January 2027. The measure aims to control healthcare costs.
Budget Changes Slam ‘Bank of Mum and Dad’ as First-Home Buyers Rush—July 9
Family support for first-home buyers drops sharply after 2026 budget changes to negative gearing and capital gains tax. Young buyers rush to purchase before costs rise, but parents pull back on guarantees.
Rheinmetall and Lockheed Martin to Build ATACMS Missiles in Germany
Rheinmetall and Lockheed Martin plan to manufacture ATACMS missiles at a new facility in Unterlüss, Germany. The deal, signed at NATO’s Ankara summit, represents the first European production of these tactical weapons.
Euro Falls to 1.1425 as Middle East Tensions Spike Oil Prices—July 8
EUR/USD drops to 1.1425 on July 8 as Middle East escalation drives oil to $76.50/barrel and investors flee to safety. ECB rate hike hopes fade amid energy shock.