Global Earnings | Hyundai Motor reports 21% drop in Q2 profit, misses forecasts

Hyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the company’s earnings. Higher costs and a competitive market also presented challenges for Hyundai. The automaker is investing in robotics and software-defined vehicles for future growth. Hyundai shares saw a slight increase following the earnings announcement.

ET Most Innovative AI Product Awards 2026: Every AI product eventually competes on trust, not technology

As enterprise AI adoption accelerates, technology alone will not be sufficient to differentiate AI products. The ET Most Innovative AI Product Awards 2026 recognises AI products that have earned trust through measurable business impact, real-world adoption and consistent performance, mirroring what enterprises are increasingly valuing in today’s AI market.

Global Market: ECB seen holding rates steady while keeping September hike option open

The European Central Bank is expected to maintain current interest rates at its upcoming policy meeting. Policymakers will likely signal that further rate increases remain a possibility in September. This cautious approach comes as rising energy prices threaten to reignite inflationary pressures across the euro area. Financial markets are anticipating additional rate hikes, while wage…