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Hitachi (TYO: 6501) and Eve (NYSE: EVEX) Partner to Build Charging Infrastructure for eVTOL Flying Cars
On 17 July 2026, Hitachi Energy and Eve Air Mobility (NYSE: EVEX) announced a partnership to develop charging infrastructure for electric vertical take-off and landing (eVTOL) aircraft. The agreement focuses on one of the biggest challenges facing the flying car industry: building reliable power systems that can support commercial operations. As urban air mobility moves…
FTSE 100 Edges Higher 0.05% as U.S.-Iran Conflict Keeps Investors on Edge Despite Asian Selloff
On 17 July 2026, the FTSE 100 inched up 0.05%, holding steady even as several Asian markets moved lower amid rising tensions between the United States and Iran. Investors stayed cautious as concerns over global economic growth and energy supplies continued to build. Even with the uncertain backdrop, London’s benchmark index found support from defensive…
Reliance Industries Share Price Jumps 2.4% to ₹1,323.80 Ahead of Q1 FY27 Results on July 17
On 17 July 2026, Reliance Industries Ltd. (RIL) shares climbed 2.4% to ₹1,323.80 as investors waited for the company’s Q1 FY27 earnings, scheduled for later in the day. As India’s most valuable listed company, Reliance often influences overall market sentiment, so its quarterly results attract close attention from both traders and long-term investors. This quarter,…
House Passes Permanent Daylight Saving Time Bill 308-117 on July 16
House passes Sunshine Protection Act 308-117 to make daylight saving time permanent. Bill heads to Senate with Trump’s backing but faces Republican opposition over winter darkness concerns.
Rotork (LSE: ROR) Agrees to £4.1 Billion Takeover by ABB (SWX: ABBN) in Major UK M&A Deal
On 16 July 2026, ABB (SWX: ABBN) agreed to acquire Rotork (LSE: ROR) in a £4.1 billion all-cash deal, making it one of the largest UK industrial acquisitions announced this year. The offer gives Rotork shareholders a substantial premium while expanding ABB’s industrial automation and smart flow control business. It also comes as overseas buyers…
Gold Price Today: MCX Gold Falls 0.45% to ₹1,41,205 as Brent Crude Slips to $84.77
Gold price on MCX slipped 0.45% Thursday, trading near ₹1,41,205 per 10 grams. That decline came even as Brent crude eased slightly to $84.77 a barrel. Gold has now fallen for a second straight session amid mixed inflation signals. Fresh US airstrikes against Iran kept oil prices elevated through Thursday’s trading. Spot gold globally slipped…
FTSE 100 Today: UK Stocks Slip 0.37% as Iran Tensions Overshadow Stronger-Than-Expected GDP Growth
The FTSE 100 fell 0.37% Thursday morning, extending Wednesday’s modest decline. That drop came despite UK GDP data beating expectations by a wide margin. The economy grew 0.7% in the three months to May, well above forecasts of 0.5%. Annual growth accelerated to 1.3%, its fastest pace in 13 months. Fresh Iran threats overshadowed that…
Hormuz Crisis Escalates as US Airstrikes Strike Northern Iran, Ship Disabled During Blockade
The Hormuz crisis intensified on July 16, 2026, after the United States launched airstrikes in northern Iran and disabled a vessel while enforcing the Strait of Hormuz blockade. The latest military action has increased concerns about a wider regional conflict and possible disruptions to global energy supplies. With nearly one-fifth of the world’s oil moving…
Canada Gas Prices Jump 5-10 Cents as Middle East Crisis Pushes Brent Above $87
Canadian gas prices rose 5-10 cents per litre on July 15 amid Middle East conflict and supply fears. Brent crude hit $87, with analysts warning of worse to come in late July and early August.