Profit

• Engineers India reported stronger profits for the first quarter of 2026, as detailed in their latest earnings call transcript. • The company's stock has performed strongly over the past year, delivering a total return of 47% with a low beta of 0.56, indicating lower volatility than the general market. • Financial health remains robust, with the firm maintaining more cash than debt on its balance sheet and a track record of strong five-year returns.

The administrative work required to run an effective investment scam has been drastically cut by using merging technologyGet our breaking news email, free app or daily news podcastWithin days of clicking on an online ad for a cryptocurrency trading app, a 29-year-old Queensland man watched his dashboard soar with profits.Making investment gains was as simple as downloading the slick-looking app and browser extension linked to his crypto wallet. So he invested more. Continue reading...

• Tata Motors reported a decline in profits for the first quarter of 2026, despite a significant surge in electric vehicle (EV) adoption within the Indian market. • CFO Dhiman Gupta addressed investor inquiries regarding the company's strategic marketing efforts and roadshows for the upcoming Type 01 model. • The results highlight a complex financial period where growth in the green energy sector is being offset by other operational pressures or costs.

• European gas prices have retreated from multi-week highs following a recent surge in energy costs. • The decline is primarily attributed to profit-taking by traders, which has checked the upward momentum of the market. • This shift is significant as it provides a temporary reprieve from the volatility that has driven energy prices higher across Europe.

Largest for-profit hospital system and operator in the US reported $6.8bn in profits, while employees find it difficult to make ends meetUnion workers with HCA Healthcare, the largest for-profit hospital system and operator in the US, are holding picket protests across the country as they push for pay and staffing increases in a new contract.The hospital system has over 300,000 employees in the US and the UK, with 22,000 US workers represented by the Service Employees International Union (SEIU) who are in contract negotiations with HCA. Workers are asking for a pathway to a $25 an hour minimum wage, improved wage scales and raises that match the increased cost of living, along with benefits including paid vacation, sick time and bolstered work protections. Continue reading...

• Major Western European stock indices mostly rose following a series of favorable corporate earnings reports. • The Stoxx600 increased by 0.2%, the CAC40 by 0.4%, and the DAX by 0.1%, while the FTSE 100 saw a slight decline of 0.2%. • This positive momentum allowed the pan-European Stoxx600 index to close at a historical high for the third consecutive day.

Environmentalists and activists furious as Trump’s policies raise costs for US families. Plus, the undiscovered masterpiece that was left lying in museum storageGood morning. Donald Trump’s statement that oil companies have made “too much money” from the Iran war has angered environmentalists, who say his policies were designed to benefit those very corporations.American families have paid more than $78bn more at the pump since the start of the Iran war, according to a Brown University tracker. And a recent analysis from the environmental advocacy group Climate Power and the Center for American Progress Action Fund, a liberal thinktank, found that Trump’s policies had cost the average American family $285 more when filling up their cars.What policies has Trump enacted to help the oil industry? Since re-entering the White House last year, he has eased dozens of restrictions and regulations on fossil fuel expansion, exempted fossil fuel producers from environmental rules, and signed an executive order last year directing the attorney general to prioritize blocking climate lawsuits targeting oil majors. Trump has also personally invested in major oil companies.What did the supreme court previously rule? In the court’s June decision, the chief justice, John Roberts, said Trump’s first order violated the 14th amendment of the US constitution. “Citizenship, then and now, was the right to have rights – to freely participate in our political community,” he wrote. “The framers of the 14th amendment extended that promise to ‘every free-born person in this land’. We keep that promise today.” Continue reading...