British companies' expectations for employment in the year fell last month for the first time in nearly five years, while expectations for future inflation touched the highest level since late 2023, a Bank of England survey showed on Thursday. The readings underlined the trade-offs faced by the central bank as it weighs further cuts to interest rates, faced with growing signs of a cooling labour market coupled with the highest rate of inflation among Group of Seven economies

Honda Motor slashed its full-year profit forecast by 21% on Friday, hurt by one-time electric vehicle costs, worsening sales in China and other Asian markets and a shortage of parts equipped with Nexperia chips. Japan's second-largest automaker cut its operating profit forecast for the year through March 2026 to 550 billion yen (3.65 billion) from 700 billion yen. Learn More

The U.S. Army aims to buy at least a million drones in the next two to three years and could acquire anywhere from a half million drones to millions of them annually in the years that follow. The challenges given that the biggest branch of the U.S. military acquires only about 50,000 drones annually today. Learn More