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China Aims to Shape AI’s Future with New Global Cooperation Body

Strategic Shake‑Up and Competitive Strains Send Intel Shares Lower

Microsoft’s AI Dominance in the Balance as OpenAI Broadens Cloud Partnerships

PayPal Raises 2025 Profit Outlook Above Expectations on Margin Expansion and Venmo Momentum

Google Agrees to EU AI Code of Practice Amid Warnings of Innovation Risks

India Feels the Heat of Trump’s 25% Tariff Threat on Exports

Tesla Secures Leading Edge in Autonomy with Samsung’s $16.5 Billion Chip Pact

Economic Indicators and Central Bank Independence Lead US Fed to Maintain 4.25–4.50% Rate Range

Global Equities Rally, Euro Holds Ground After Landmark US‑EU Trade Deal

Microsoft’s March to a $4 Trillion Valuation Fueled by AI, Cloud and Capital Power

Consumer Brands Grapple with Tariff-Driven Pricing Dilemmas

Latest News

Consumer Brands Grapple with Tariff-Driven Pricing Dilemmas

India Feels the Heat of Trump’s 25% Tariff Threat on Exports

Reader's Pick

Burberry’s Turnaround Blueprint Spurs Early Signs of Revival 14/07/2025

Bitcoin Breaks $120,000 as Institutional ETF Inflows and Regulatory Optimism Ignite Rally 14/07/2025

Nvidia’s China Comeback Signals Major Shifts in Global AI Dynamics 15/07/2025

Nvidia Accelerates H20 Chip Expansion into China to Secure AI Leadership 16/07/2025

Major SharePoint Flaw Prompts Microsoft to Issue Global Security Warning and User Risks 21/07/2025

Latest Business News
Consumer Brands Grapple with Tariff-Driven Pricing Dilemmas

Consumer Brands Grapple with Tariff-Driven Pricing Dilemmas

Markets

As U.S. tariffs on imports loomed large, consumer-goods giants have adopted an array of tactics to balance the threat of higher duties against fragile household budgets. From athletic gear and luxury handbags to everyday diapers and electronics, companies face a twofold challenge: safeguarding profit margins while preserving volume in a market wary of sticker shock. Ultimately, their varied...
India Feels the Heat of Trump’s 25% Tariff Threat on Exports

India Feels the Heat of Trump’s 25% Tariff Threat on Exports

Markets

When U.S. President Donald Trump announced a 25 percent tariff on Indian goods effective August 1, markets in Mumbai and New Delhi braced for impact. The mere threat of steeper duties sent the rupee tumbling toward record lows, battered domestic equity indices and forced policymakers to juggle growth targets against financial stability concerns. Beyond headline metrics, businesses and consumers...
Microsoft’s March to a $4 Trillion Valuation Fueled by AI, Cloud and Capital Power

Microsoft’s March to a $4 Trillion Valuation Fueled by AI, Cloud and Capital Power

Companies

Microsoft is on the cusp of entering the exclusive $4 trillion market-cap club, driven by surging demand for cloud services, artificial intelligence breakthroughs and aggressive capital deployment. The world’s second-largest public company, based in Redmond, Washington, reported blockbuster fiscal results this week—boasting $76.4 billion in quarterly revenue, a 24 percent year-over-year rise in...
Google Agrees to EU AI Code of Practice Amid Warnings of Innovation Risks

Google Agrees to EU AI Code of Practice Amid Warnings of Innovation Risks

Companies

Google’s decision to sign the European Union’s voluntary Code of Practice for General‑Purpose AI models marks a high‑profile endorsement of Brussels’ ambitious AI regulatory framework, even as the tech giant cautions that certain provisions could hamper innovation and competitiveness across Europe. Announced on July 30 by Kent Walker, Google’s president of global affairs and chief legal officer,...
Economic Indicators and Central Bank Independence Lead US Fed to Maintain 4.25–4.50% Rate Range

Economic Indicators and Central Bank Independence Lead US Fed to Maintain 4.25–4.50% Rate Range

Markets

The Federal Reserve opted to maintain its benchmark interest rate at 4.25 percent to 4.50 percent during its July policy meeting, marking the fifth pause since December. Despite high‑profile calls from President Donald Trump for dramatic rate cuts—he publicly urged slashing the target to as low as 1 percent—Fed officials stuck to a cautious, data‑dependent stance. Policymakers cited persistent...
Microsoft’s AI Dominance in the Balance as OpenAI Broadens Cloud Partnerships

Microsoft’s AI Dominance in the Balance as OpenAI Broadens Cloud Partnerships

Companies

The partnership between Microsoft and OpenAI has been a defining force in the generative artificial intelligence boom, positioning Microsoft’s Azure cloud as the primary engine powering ChatGPT and other cutting‑edge models. That exclusive relationship has driven rapid revenue growth for Azure, bolstered Microsoft’s enterprise AI offerings, and reinforced its reputation as a leader in the race...
PayPal Raises 2025 Profit Outlook Above Expectations on Margin Expansion and Venmo Momentum

PayPal Raises 2025 Profit Outlook Above Expectations on Margin Expansion and Venmo Momentum

Companies

PayPal Holdings surprised investors on Tuesday by lifting its full-year 2025 adjusted earnings per share forecast to a range of $5.15–$5.30, surpassing the Wall Street consensus of $5.10. The upward revision reflects a multi-quarter turnaround under CEO Alex Chriss, who has pivoted the payments giant toward profitability, margin growth and cost discipline. The announcement capstones a second...
Tesla Secures Leading Edge in Autonomy with Samsung’s $16.5 Billion Chip Pact

Tesla Secures Leading Edge in Autonomy with Samsung’s $16.5 Billion Chip Pact

Companies

Tesla has struck a landmark $16.5 billion agreement with Samsung Electronics to supply the automaker’s next-generation AI chips, cementing its bid to accelerate development of full self‑driving (FSD) capabilities. The multi‑year deal, running through 2033, will see Samsung’s Texas semiconductor plant dedicated to producing Tesla’s custom AI6 processors. For Tesla, the partnership promises to...
Global Equities Rally, Euro Holds Ground After Landmark US‑EU Trade Deal

Global Equities Rally, Euro Holds Ground After Landmark US‑EU Trade Deal

Markets

Global stock markets opened the week with strong gains as investors cheered a new trade framework between the United States and the European Union, while the euro remained broadly supported against major peers. The accord, which imposes a 15 percent levy on most European imports—half the level initially threatened—has softened fears of a full‑scale tariff war between two of the world’s largest...
Strategic Shake‑Up and Competitive Strains Send Intel Shares Lower

Strategic Shake‑Up and Competitive Strains Send Intel Shares Lower

Companies

Intel’s share price has tumbled sharply in recent sessions, reflecting mounting investor unease over the company’s strategic direction, stalling manufacturing roadmap and intensifying competition in key markets. A surprise quarterly loss and warnings that major facilities could be deferred or cancelled without external customer commitments have amplified concerns about whether the once‑dominant...
China Aims to Shape AI’s Future with New Global Cooperation Body

China Aims to Shape AI’s Future with New Global Cooperation Body

Markets

China has unveiled plans to establish an international organisation dedicated to fostering collaboration on artificial intelligence, positioning itself as a driving force in defining how the technology will be governed, developed and deployed worldwide. The proposal, announced by Premier Li Qiang at the annual World Artificial Intelligence Conference in Shanghai, reflects Beijing’s ambition to...
Consolidation and Competition Take Center Stage in $8 Billion Paramount‑Skydance Merger

Consolidation and Competition Take Center Stage in $8 Billion Paramount‑Skydance Merger

Companies

The long‑anticipated union of Paramount Global and Skydance Media, valued at roughly $8 billion, officially received U.S. regulatory clearance this week, marking one of the most consequential deals in Hollywood in recent years. With federal sign‑off secured, Skydance founder David Ellison is poised to assume leadership of the combined entity, while Paramount’s storied brands—from CBS and...

World

China’s Exit Bans Trap U.S. Citizens Amid Diplomatic Strain

China’s Exit Bans Trap U.S. Citizens Amid Diplomatic Strain
China’s use of exit bans against U.S. nationals has escalated from a sporadic legal remedy into a potent instrument of state leverage, ensnaring professionals, former officials and corporate...

China Expands Global Reach to Fill U.S. Diplomatic Void

China Expands Global Reach to Fill U.S. Diplomatic Void
China has moved decisively to enlarge its diplomatic footprint around the world as Washington’s engagement recedes. From Africa to Latin America, and across Asia and the Pacific, Beijing is deploying...

WHO Faces Major Budget Cuts: The Impact on Global Health

WHO Faces Major Budget Cuts: The Impact on Global Health
The World Health Organization (WHO) is bracing for significant financial cuts, signaling a major shift in global health governance. A proposed 21% reduction in its budget is expected to reshape its...

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread
In an unprecedented development, UK authorities have confirmed the first-ever case of bird flu (H5N1) in a sheep. The case was detected in northern England, where routine monitoring of farmed...

2024: A Year Marked By Escalating Climate Extremes

2024: A Year Marked By Escalating Climate Extremes
In 2024, the global community faced unprecedented climate challenges, with human-induced climate change significantly intensifying extreme weather events. A comprehensive analysis by World Weather...

People

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance
The alliance between former President Donald Trump and tech magnate Elon Musk—once hailed as an unlikely marriage of populist politics and Silicon Valley ambition—crumbled in a matter of days this...

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls
Republican nominee and former U.S. President Donald Trump announced on Thursday that he would not participate in a third presidential debate against his Democratic rival, Vice President Kamala...

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals
Vice President Kamala Harris on Friday presented a comprehensive economic policy agenda aimed at countering criticisms from Republicans and addressing key middle-class concerns. Speaking in Raleigh,...

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg
According to a Bloomberg story quoting sources, billionaire Elon Musk, who has been criticising US President Joe Biden more and more, has contributed to a political organisation that aims to elect...

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age
A recent study challenges the widely held belief that school bullies would eventually get their comeuppance by indicating that they are likely to end up with greater earnings. The Institute for...