Broadcom led the gains amongst recently battered chips stocks. Trump warned, 'at the NATO summit in Turkey that he has no interest in continuing talks with Iran. He will likely launch additional strikes in Washington on Wednesday night. Trump's remarks marked the latest setback of the back-and forth talks, which have oscillated between threats of escalation or hopes for diplomacy. Investors were caught off guard by several false begins toward a peace agreement. Duration is key. How long will this continue? Rob Haworth is a senior investment strategist with U.S. Bank Wealth Management, Seattle. The market could be forced to...

Broadcom, a chip stock that has been battered recently, led the gains amongst recent battered stocks. The S&P?500 dropped on Wednesday as U.S. president Donald Trump declared an interim agreement aimed at ending?the war?with Iran to be "over." Trump, speaking at the NATO summit in?Turkey said that he was not interested in continuing talks with Iran. He also warned that Washington will likely conduct additional strikes on Wednesday evening. Trump's remarks marked the latest setback of the series of back and forth talks which have oscillated between threats of escalation, and hopes for diplomacy. Investors were left unprepared by several...

Industry sources said on Wednesday that Etihad Airways, Abu Dhabi, is "close to a deal" for the purchase of ten Boeing 787 wide body jets. An announcement could come as soon as this month at the Farnborough Airshow. Etihad declined and Boeing declined?comment. Sources warned that a deal could not be guaranteed, as negotiations continue to take place in the run-up to 'the 'July 20-24 event? in Britain. Etihad CEO Antonoaldo Neves said last month that the company was considering ordering double-digits of wide-body aircraft, but declined to provide further details. Etihad has restored flights following a?cut in March due...

Wall Street's major indexes dropped on Wednesday, after President Donald Trump declared that an interim agreement aimed at ending a?war against Iran was "over." Broadcom led the gains among recently battered chips stocks. At the NATO summit, Trump said that he was not interested in continuing talks with Iran. He also warned that Washington would likely carry out more strikes on Wednesday evening. His remarks marked the latest setback of the back-and forth in negotiations that have oscillated between threats of escalation, and hopes for diplomacy. Investors were caught off guard by several false begins toward a peace agreement. Broadcom...

Airbus said that it delivered 351 planes in the first half of this year, up around 15% from the 306 aircraft in the same period in 2025. The company had handed over 89 jets to customers in June. Analysts estimate that Airbus will be able to meet its full-year goal of 870 deliveries if the figures 'confirm' a previous report. On Monday, it was reported that the?largest aircraft manufacturer in the world is?increasingly?confident? of reaching a goal of 900 deliveries without changing its official guidance. Airbus has had a difficult time overcoming supply chain issues. While engine availability is improving,...

Wall Street's major indexes dropped on Wednesday, after President Donald Trump declared that an interim agreement aimed at ending a?war against Iran was "over," and gains in Broadcom provided some respite for the recently battered-down chip stock. Trump stated that he has no desire to engage Iran further. He warned Iran of additional strikes that Washington would likely make on Wednesday night. Trump's comments marked the latest twist in a conflict that has seen rhetoric between the U.S., Iran and other countries swinging back and forth between military escalation or diplomacy. Investors have been caught off guard by false dawns,...

Some airlines have maintained their suspensions, while others are increasing the number of flights they offer to certain parts of the Middle East. The following is a list of the alphabetical status updates for airlines flights: AEGEAN AIRLINES The largest airline in Greece has cancelled flights to Dubai and Erbil until September 30. AIRBALTIC The cancellation of flights to Dubai is effective until October 24. AIR CANADA Canadian Airlines has cancelled all flights to Tel Aviv, Dubai and Abu Dhabi until October 24. AIR FRANCE-KLM Air France has suspended flights to Beirut until July 20. Air France resumed flights to...

Anko van 'der Werff will replace Michael Rousseau, the CEO of Canada's largest airline, Air - Canada, as its new CEO. This announcement ends months of speculation about leadership. The search for Rousseau's replacement was concluded by the appointment. In March, he announced that he would be retiring after 19 years with?the airline. Rousseau was criticized earlier this year for failing to express condolences after a crash that claimed the lives of two pilots. Van der Werff will join Air Canada by the end of January, 2027. The?airline announced that SAS, which is a part-owned company of?Air France KLM, would...

British travel company Jet2 announced on Wednesday that customers were now more likely to book holidays after delaying bookings due to the Middle East conflict. Summer passengers booked to date are up 7.1% and its shares have risen by 16%. Global aviation and leisure industries have been struggling with high costs and low consumer confidence due to the Iran War. Jet2 however, said that booking trends improved over recent weeks because of a reduction in geopolitical uncertainties. Steve Heapy, the Chief Executive of the company, said that the demand for travel had increased following the "calming down" in the Gulf....

Pakistani rescuers searched the waters around the suspected crash site of a Boeing cargo aircraft on Wednesday. The plane had lost contact with the air traffic controller on its way to Karachi, with five crew on board. Shehbaz sharif, the Prime Minister of Pakistan, has ordered authorities to accelerate search and rescue efforts for a 27-year old converted freighter that went missing after reporting navigational problems in the Arabian Sea. K2 Airways, which operated the plane, reported that the crew consisted of two pilots and two?engineers, as well as one support staffer. The authorities have not made an official announcement...

The General Court of the European Union dismissed on Wednesday appeals filed by Irish low-cost carrier?Ryanair?against a?Italian?state aid program approved to support airlines in the COVID epidemic. The court found that the scheme of aid consisting of the subsidies paid by Italy by airlines affected by 'COVID-19 crises was compliant with EU Law, insofar it did not violate the principle of nondiscrimination or the principles of freedom of providing'services and freedom of establishment. The budget airline brought the case because it wanted to cancel a 2020 aid scheme set up by Italy. It was intended to help airlines that are...

Fuel costs in the?U.S. Fuel costs for?U.S. In May 2025, airlines spent $3.62 Billion on fuel, compared to $6.66 Billion in the same month of this year. USDOT said that the cost of fuel per gallon in May was $4.09 - up $1.88 from May 2025. In recent weeks, jet fuel prices have dropped sharply as tensions between Iran and the United States eased. Fuel prices in April rose by 80%, to $6.5 billion. The price of jet fuel is?down by around 40% compared to their April highs, but the oil price rose on Tuesday more than 2% after reports...