Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey 
Nike Q4 Earnings Beat Estimates as Wholesale Growth Offsets Direct Sales Weakness 
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism 
Gold Price Drops to Eight-Month Low as Fed Rate Hike Bets Weigh on Bullion. Source: Photo by Michael Steinberg via Pexels 
US Dollar Rises as Fed Rate Outlook Stays Hawkish, Euro Slips and Yen Near 40-Year Low 
TSMC CoWoS Capacity Forecast Raised as Mizuho Sees AI Server CPU Demand Surging Through 2027 
Morgan Stanley Names BAE Systems Top European Defence Stock Despite Lower Price Target 
Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report 
Asian Stocks End Strong Quarter as Dollar Surges, Yen Hits 40-Year Low Ahead of US Jobs Data 
UK House Prices Hold Steady in June as Annual Growth Misses Forecasts 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes 
Microsoft Reportedly Plans New Job Cuts Across Sales, Consulting, and Xbox 
UN Chief Urges Nations to Close $100 Million UNRWA Funding Gap 
AT&T and Verizon are two of the leading telecommunication companies in the United States. The two will also start offering the new 5G wireless service, and they have already scheduled their respective rollout.
However, the airline industry asked the U.S. Federal Communications Commission (FCC) to postpone the launch of the said wireless service around major airports. The airlines cited safety risks as the 5G could interfere with electronics that pilots depend on for altitude measurements.
According to The New York Post, Airlines for America, the group representing passenger and cargo carriers in the U.S., posted a request for the delay of 5G roll out via an emergency filing late last week. The group warned that the latest iteration of cellular technology could disrupt thousand of flights and this could lead to over $1 billion in losses.
Airlines for America also said in the emergency filing that the FCC failed to consider the harm that the service could do to the airline industry. The group said, "Aircraft will not be able to rely on radio altimeters for numerous flight procedures and thus will not be able to land at certain airports."
The trade association further stated that the new 5G service will affect three major airports in New York and these are the Kennedy, New Jersey, and LaGuardia. Other airports that could be impacted are the Logan Airport in Boston and O'Hare International Airport in Chicago.
AT&T and Verizon are set to activate the C-Band spectrum wireless service on Jan. 5 and the group wants to halt this plan. It is asking for extra time, at least two more weeks, for the Federal Aviation Administration and FCC to solve the issues regarding aviation safety when the 5G service is launched.
Last Friday, Pete Buttigieg, transportation secretary and Stephen Dickinson, FAA Administrator jointly asked AT&T and Verizon to delay their plans due to possible disruptions in aircraft operations. In the latest update, Reuters reported that both companies rejected the request to move the date for the 5G rollout.
The companies said in a joint letter that was forwarded on Sunday that they will not be deploying the 5G service near the airports for six months. However, they will not accept requests for any other limitation on using the C-Band high-frequency spectrum where the 5G networks run.
