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Investing.com – European shares edged lower in quiet trading on Wednesday, as investors digested a heavy wave of corporate earnings while preparing for pivotal UK inflation data, a crucial European Central Bank policy decision, and high-stakes results from U.S. Big Tech.   The pan-European index fell 0.4% in early trade, following gains in financial and energy heavyweights countered broader caution across industrial counters. Germany’s was flat, while France’s slipped 0.1%. Italy’s fell 0.1%, pressured by banking stocks. Sentiment in London was cautious as investors weighed official data from the Office for National Statistics showed UK Consumer Price Index (CPI) inflation slowed…

Mixed messages Then things changed over the weekend. First, on Saturday, the FDA announced that a sample of Taylor Farms lettuce tested positive for Cyclospora. The result confirmed the traceback investigation findings—and also potentially extended the list of contaminated products. But, then on Sunday, the FDA deleted the information from its website, explaining that on further review, the result was a false positive. In a press briefing Monday, FDA officials explained that the test result was from lettuce sampled at the border that was not included in Taylor Farms’ recall. Given that new illnesses are still being reported and the…

For the fifth day in a row activists with banners and flags protest against the resignation of Ukrainian Defence minister Mykhailo Fedorov during a rally near the monument to Ukrainian poet Taras Shevchenko on July 20, 2026 in Lviv, Ukraine.Global Images Ukraine | Global Images Ukraine | Getty ImagesUkrainian President Volodymyr Zelenskyy has moved to oust top army commander, Oleksandr Syrskyi, and sought to bring the country’s former defense minister back into government just days after dismissing him.The reshuffle comes after almost a week of nationwide unrest and represents one of the biggest political crises since Russia’s full-scale invasion in…

This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchJeremy Fry was typical of the characters one would encounter in British business 30-40 years ago.A scion of the Frys, the Bristol Quaker family that in 1761 founded the company behind the world’s first mass-produced chocolate bar, he was educated at Gordonstoun — the tough Scottish boarding school King Charles attended — before joining the Royal Air Force during the Second World War.After the war, he sought a career in motorsport, joining his brother’s business with the aim of designing, building and racing…

NEW DELHI, INDIA – JULY 10: Indian Youth Congress members raise slogans during a protest against Union Minister Nitin Gadkari over the issue of ethanol-blended petrol at Raisina Road, on July 10, 2026 in New Delhi, India. Indian Youth Congress (IYC) on Friday staged a protest against the E20 ethanol-blended petrol policy, accusing the Centre of pushing a measure that allegedly harms vehicles and benefits ethanol manufacturers.Hindustan Times | Hindustan Times | Getty ImagesThe world’s third-largest crude consumer, India, is testing alternative fuels such as ethanol from corn and biogas from animal waste, as rising global oil prices and potential…

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Jensen Huang, chief executive officer of Nvidia Corp., speaks next to a Vera Rubin Ultra Kyber compute tray and a Vera Rubin Ultra Kyber NVLink midplane during a keynote address at the Nvidia GTC conference in San Jose, California, March 16, 2026.Bloomberg | Bloomberg | Getty ImagesNvidia became the most valuable company because of insatiable demand for its graphics processing unit, or GPU, the primary chip used for creating and deploying artificial intelligence. But the chip giant is now shipping its own central processing units, or CPUs, which cloud providers could decide to deploy in place of those from Advanced…

The AI Minister, Kanishka Narayan, will be given a seat at the top table of government but the Department for Science, Innovation and Technology (DSIT) has been scrapped.DSIT was created by the Conservative Sunak government in 2023 – its responsibilities will now be split between other government departments.It means there is no longer a dedicated technology secretary, a position filled by Liz Kendall until she was sacked by new Prime Minister Andy Burnham.However, Narayan, who was appointed by Sir Keir Starmer, said the new prime minister inviting him to attend cabinet as minister for AI was a “sign of his…

Pressure from President Donald Trump to manufacture advanced semiconductors in the U.S. is increasing costs and squeezing margins at TSMC, the world’s leading chipmaker. Following Trump’s return to power in 2025, the president has repeatedly threatened tariffs on companies that don’t make their products in America. Since then, TSMC has announced a total of $200 billion in commitments to the country, including last week’s unveiling of a $100 billion investment into advanced semiconductor manufacturing and packaging facilities in the U.S.While buoyed by the AI boom — TSMC’s market cap has risen more than 100% in the past 12 months —…

Why is Wistron stock surging today? Source link