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Crypto Scandal Hits Argentina's Assets as Milei's Role Scrutinized

Argentine President Javier Milei's involvement in a crypto scandal sparks investor sell-off and calls for impeachment. A leaked video reveals his attempt to use state machinery for personal gain.

Trump Delays Tariffs on Canada, Mexico to Stem Migrant, Drug Flow

President Trump has agreed to delay tariffs on Canada and Mexico for a month after both countries agreed to new measures to combat migration and drug trafficking at the border.

Vienna-Based Lender Made Millions Servicing Firms Supplying Putin's Army

Raiffeisen Bank profited from firms supplying Russia's military, facing scrutiny and pressure to leave the country amidst Ukraine conflict and sanctions.

Frontier Airline Attempts Merger With Bankrupt Spirit Airlines

Frontier Airlines is attempting to merge with Spirit Airlines, which recently filed for bankruptcy. Frontier Group Holdings Inc. says the deal would include newly issued Frontier debt and common stock after a previous merger attempt was outbid by JetBlue.

Microsoft's Q2 Earnings to Test AI Prowess Amid DeepSeek Challenge

Microsoft's second quarter earnings report looms, with analysts forecasting $3.13 EPS on $68.8 billion revenue. Key metrics include Commercial Cloud revenue, expected at $41.1 billion, and intelligent cloud revenue, estimated at $25.8 billion. Amidst AI industry shifts, Microsoft aims to showcase AI revenue growth and justify infrastructure investments.

Trump's Tariffs May Hurt US Automakers and Consumers

Trump's Proposed Tariffs on Canada Would Hurt US Automakers and Consumers, Report Warns

SK Hynix Shares Dip on Profit-Taking, Chip Guidance: Street Wrap

SK Hynix shares dropped despite record profit and modest capex plans, missing investor expectations for AI memory chip demand. The company remains a leader in HBM production, but competition from Samsung and inventory adjustments loom.

SLB Maintains $600 Million Russian Assets as Revenue Declines

Despite pressure, SLB's net assets in Russia remain at $600 million, though revenue has declined to 4% of total revenue in 2024.