Daily Recap: Business — 8 July 2026

Capital is chasing ambition across business today. Blue Origin, long financed largely by Jeff Bezos, is reportedly seeking its first outside funding at a hefty $130 billion valuation, a sign that investor appetite for space ventures remains strong. In Asia, Singapore’s Temasek struck a similarly bullish tone, reporting record portfolio value and stepping up bets on artificial intelligence, infrastructure and private credit. But confidence was harder to find elsewhere: Russia temporarily halted diesel exports after Ukrainian drone strikes damaged refineries, tightening domestic supply and pushing global fuel prices higher. In aviation, Air Canada tapped SAS chief Anko Van der Werff to steer the carrier through fleet expansion, cost pressures and softer travel demand. And in India, South Indian Bank shares slid despite the central bank’s approval of Mahesh Pai as incoming CEO, suggesting investors remain wary even when succession questions are settled.

Top Business stories

• Blue Origin seeks first outside funding at about $130 billion valuation (10 sources)
• Russia temporarily bans diesel exports after Ukrainian drone strikes hit refineries (9 sources)
• Air Canada appoints SAS CEO Anko Van der Werff as next chief executive (6 sources)
• Bank of America extends $520 million credit line to OpenAI ahead of planned IPO (5 sources)
• Temasek raises AI and private credit bets as portfolio value hits record levels (5 sources)
• CBN warns Nigerians against rejecting standard ₦100 note, says it remains legal tender (5 sources)
• Trump threatens to halt U.S. trade with Spain, raising questions about legal scope (4 sources)
• Patriot Resources reports high-grade copper-silver results from maiden drilling at Zambia’s Tonic prospect (4 sources)

Read the full daily recap on NewSumm →