Skip to main content
Echo

Subcategory / Daily archive

Trade news — August 1, 2026 - Page 7

Publications tagged with Trade published on August 1, 2026 (UTC). This is a fixed calendar-day archive. Page 7 of 11.

252 publications

  1. BusinessLaborInequalityTrade

    Consumer Confidence Rises in July

    Consumer confidence in Italy increased in July, according to Istat. The consumer confidence index rose from 92.4 to 94.2 points, driven by improved economic sentiment and future expectations. Business confidence also increased, with manufacturing, services, and retail trade sectors showing improvements. The University of Michigan's consumer confidence index final value for July was higher than expected at 55.2, with consumers' inflation expectations at 4.2% for the next year and 3.3% for the next five years.
    4 sourcesSee all sources
  6. ScienceEuropeTradeHardware

    Apple's First Folding iPhone: Design, Release Rumors, and Specs

    Apple's long-rumored folding iPhone, expected to be called 'iPhone Ultra', is nearing release with a September 2026 launch. The book-style device will feature a 7.7-7.8 inch inner display and a 5.3-5.5 inch outer display, with a 4:3 aspect ratio for improved multitasking and document reading. Rumors suggest it will have four cameras, no telephoto, Touch ID instead of Face ID, and a starting price of $1,999. The device is expected to be Apple's most repairable folding phone, with a focus on minimizing the crease and maintaining thinness.
    2 sourcesSee all sources
  8. BusinessTradeCommoditiesEquities

    Colgate-Palmolive Q2 Earnings: Revenue Beats Estimates, US Sales Decline

    Colgate-Palmolive reported a 4.9% increase in net sales to $5.36 billion for Q2 2026, beating analysts' estimates. Adjusted EPS was 99 cents, also exceeding estimates of 95 cents. However, organic sales in North America declined by 3% due to lower volumes driven by higher prices affecting low-income consumers. The company maintained its full-year net sales growth guidance of +2% to +6%.
    4 sourcesSee all sources
  11. PoliticsChinaTradeSoftware

    Sony's Profit Surges 32% as PlayStation Thrives; Film, TV Lag

    Sony reported a 32% increase in profit for its fiscal first quarter, driven by a strong performance from its PlayStation division. The gaming segment brought in $1.25 billion in operating income, while the film and TV division saw a 3% decrease in revenue. Overall, Sony's operating income was $2.96 billion, with total revenue up 8.2% to $17.66 billion. The company also increased its full-year operating income forecast by 8% to $10.6 billion. Sony sold 1.6 million PlayStation 5 consoles in the quarter, reaching over 90 million units worldwide since its launch. The company's music division saw a 21% increase in sales, while the film segment's revenue decreased by 4%. Sony Pictures is expected to see a significant boost in the third quarter with the release of 'Spider-Man: Brand New Day'.
    9 sourcesSee all sources
  15. BusinessTradeMarketsEquities

    2 Point Zero Group Reports H1 2026 Results

    2 Point Zero Group, listed on the Abu Dhabi Securities Exchange, achieved a net profit of AED 7.7 billion and revenues of AED 21.9 billion in the first half of 2026, up 114% year-on-year. The group's CEO, Samia Bouazza, attributed this growth to the consolidation of Tandem results, strategic mergers, and new investments in financial services and packaging markets. The group also completed the monetization of its Energy investment and expanded into North American energy infrastructure through the acquisition of Travers Midstream Partners. The group's stock received a 'buy' recommendation from Abu Dhabi First Securities, and it ranked 36th in Time magazine's global growth leaders list.
    2 sourcesSee all sources
  19. BusinessTradeEquitiesRatings

    Meta Stock Plunges on Massive AI Investment

    Meta's stock price dropped significantly after the company announced plans to invest between $130 billion and $145 billion in AI this year. The investment, which missed Wall Street's Q2 earnings per share forecast and anticipated softer revenue in the current third quarter, has raised concerns among investors. Meta's CEO Mark Zuckerberg insists on the long-term potential of AI advancements, but analysts warn that the company's strategy feels like 'throwing spaghetti at the wall'.
    20 sourcesSee all sources
  20. BusinessTrade

    Tubos Reunidos Posts First-Half Loss of €77.4 Million

    Tubos Reunidos has reported a net loss of €77.4 million for the first six months of the year, despite maintaining a cash balance of €21 million and being up-to-date with its obligations following an insolvency declaration. The company's cash reserves are raising concerns about its ability to pay salaries for the remainder of the year. Tubos Reunidos had previously announced a net loss of €118.1 million in 2025, with a debt of €263.2 million. The company has faced production halts due to strikes and is involved in a scandal over alleged illegal commissions paid in 2021.
    5 sourcesSee all sources
  23. BusinessTradeCryptoCorp Gov

    Block Urges Senate to Pass Digital Asset Market Clarity Act

    Block Inc., founded by Jack Dorsey, sent a letter to the U.S. Senate urging the immediate passage of the Digital Asset Market Clarity Act (CLARITY Act) before the August 10, 2026 recess. The letter emphasizes the urgency of action, highlighting the need for regulatory certainty, protections for developers, and U.S. competitiveness in crypto innovation. The CLARITY Act aims to provide jurisdictional clarity between the SEC and CFTC, establish a stablecoin framework, and includes an ethics title restricting public officials from issuing digital assets.
    2 sourcesSee all sources
  24. BusinessTradeMarketsEquitiesHardware

    Shell's Profit Surges on High Oil Prices Due to Iran War

    Shell's profit surged in the second quarter due to high oil and gas prices driven by the Iran war. The company reported an adjusted net profit of $9.8 billion (€8.6 billion), up 42% from the previous quarter and more than double the same period last year. This was the highest quarterly profit since 2022. The increase was driven by robust periods for energy trading, an oil-refining boom, and contributions from the gas business and chemicals division. Despite production losses in the Middle East, Shell announced a further share buyback program of at least $3 billion.
    44 sourcesSee all sources