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In 1985, US generated over six times more electricity than China. By 2025, Dragon was producing more power than US, EU & India combinedChina now generates more electricity than the United States and the European Union combined, marking a dramatic shift after decades of rapi...
European Union aims for seven AI gigafactories with €10 billion plan in race with US, ChinaThe European Union will fund seven artificial intelligence gigafactories across the bloc. This initiative aims to close the technology gap ...
Six in ten Indian companies believe AI to play a significant role: PWCIndian manufacturers anticipate artificial intelligence significantly aiding strategic goals within five years. This optimism surpasses glo...
AI race redraws Asian air cargo, replacing ecommerce as growth engineGlobal air cargo networks are shifting towards AI chip manufacturing hubs. Cross-border ecommerce shipments are declining due to new import...
Made by AI? EU tells firms to stick a label on it from SundayEuropean Union's new artificial intelligence rules mandate labeling of AI-generated content. These regulations aim to ensure users can dist...
CXMT's 466% listing pop makes it China's most valuable firmCXMT Corp shares surged 466 percent on their Shanghai trading debut. This IPO became Asia's largest this year, boosting the chipmaker's val...
eXport boost for eCommerceThe Indian government has opened the doors for foreign investment in inventory-based e-commerce specifically for exports. This initiative a...
Global markets: Shein will struggle to justify up to $50 billion Hong Kong IPO valuationWhile the quarterly loss partly reflected a $328 million fair-value charge on convertible redeemable preferred shares following an accounti...
Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debutChina's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its market debut Monday...
Shein will struggle to justify $40-50 billion Hong Kong IPO valuationRevenue rose 8% to $41.8 billion in 2025, but net income fell 39% to $2.06 billion. In the first quarter of this year, the fast fashion r...
Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPOThe retailer won approval from the China Securities Regulatory Commission for its Hong Kong listing on July 10, clearing the way for a li...
US-China AI race is heating up, but these 10 professions are still too expensive for robots to replace - is your job safe?Jobs safe from AI: Americans perceive China leading in artificial intelligence development currently. However, automating many common jobs ...
Trump tariff wall set to stay after Supreme Court blow: AnalystsPresident Donald Trump has implemented new tariffs on sixty trading partners. These duties were imposed using previously utilized legal aut...
China blacklists 14 European firms in retaliation for EU's Russia sanctionsChina has added fourteen European organizations to its export control list. This action is a direct response to the European Union's sancti...
Trump says US to launch EU probe over 'illegal' Google fineUnited States President Donald Trump criticized the European Union's decision to fine Alphabet's Google. He announced an immediate probe in...
TikTok charged with breaching EU tech rules on online safety for kids, EU saysTikTok faces EU charges for allegedly failing to protect minors from cyberbullying and predators through its account and privacy settings. ...
Who is funding America's widening debt with the rest of the world?Foreign capital is flowing into Wall Street due to the AI revolution. This influx is increasing scrutiny on America's persistent external d...
Immigrant employment in the EU reaches record high: ReportImmigrant employment in the European Union reached a record high in 2025. This progress narrowed the gap with native-born workers significa...
US lawmakers urge Donald Trump to act against EU tech rules, suggest trade probesIn a letter, the lawmakers focused on the European Union's Digital Markets Act aimed at reining in the power of Amazon, Apple, Booking Hold...
EU forces Google to share search data, open Android to rival AI companiesIn the latest attempt to rein in tech behemoths' deep control of the digital economy, the EU said it will support innovation and diversity ...