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US oil companies see big jump in profitUS oil giants are poised for record profits, potentially sparking a showdown with President Trump over high gasoline prices. Despite fallin...- Europe growth hit more by China exports than bigger trade gap, Goldman saysGoldman Sachs highlights that China's growing market share, not just the trade deficit, is the primary concern for EU growth. Chinese manuf...
- Chinese and US risks mean EU chip sector faces a 'bleak future'Further vulnerability stems from the EU's dependence on the U.S. for technology, including design software and the possibility the U.S. cou...
- US in talks with AI companies for voluntary model standardsThe U.S. government is in advanced talks with AI companies to create voluntary standards for the release of new models, with an announcemen...
- Trump administration declines to renew North American trade deal, starts 10-year wind-down clockThe United States has declined to extend the USMCA trade deal, initiating a ten-year wind-down period. This move aims to reshore manufactur...
- Exporters see higher US enquiries but low order conversionsIndian exporters, particularly in the chemicals, textiles, and handicrafts sectors, are experiencing a notable increase in inquiries from U...
- US manufacturing activity eases in June; prices paid by factories remain elevatedUS manufacturing activity saw a slight dip in June, following a robust May. While expansion continues for the sixth month, the pace has mod...
- India corn exports set for three-year high on competitive pricingIndia's corn exports are soaring to a three-year peak, driven by record production and competitive pricing. Lower domestic prices, coupled ...
- Gold set for fourth monthly fall on bets of Fed rate hikesGold prices tumbled over 1% on Tuesday, heading for a fourth consecutive monthly drop. Shifting from Middle East concerns, the market now a...
- Nvidia's AI chip sales in China stall, as local chipmakers like Huawei take the leadJensen Huang, the CEO of computer chip giant Nvidia, was mobbed by onlookers as he hit the streets for the "zhajiangmian" noodles while vis...
- Oil climbs following renewed US, Iran strikes in Middle EastOil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of...
- US close to allowing Anthropic to restore Fable 5 model, Axios reportsAnthropic had abruptly disabled its most advanced AI models - Mythos 5 and Fable 5 - for all users after the government's June 12 export co...
- US allows Anthropic to release Mythos to 'trusted partners'The action comes two weeks after the government ordered the AI firm to suspend access to some of its models, due to fears they could be dep...
- Oil prices dive as more tankers move through Strait of HormuzCrude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...
- US allows Anthropic to release Mythos to 'trusted partners'The US government has partially lifted restrictions on Anthropic's advanced AI model, Claude Mythos 5, allowing trusted partners access aft...
- Fertiliser shipments begin exiting through Hormuz straitBefore the U.S. and Israel launched the war on February 28, about a third of globally traded urea - the world's most widely used fertiliser...
- Iran's Qalibaf rejects US claim that unfrozen assets will be spent on US goodsIran's chief negotiator, Mohammad Baqer Qalibaf, has refuted US claims that Tehran will use its unfrozen funds to purchase American agricul...
- China's 360 says it has developed tools to match Anthropic's MythosChina's 360 Security Technology has launched 'Yitian Tulong,' a direct competitor to American AI vulnerability detection systems like Anthr...
- China cybersecurity firm 360 Security Technology claims to have developed tools to match Anthropic's MythosAnthropic Mythos, previewed in April, is a system that detects software vulnerabilities, but cybersecurity experts have warned that it coul...
- Cummins India bets on local demand as Middle East conflict clouds exportsCummins India anticipates robust domestic demand to fuel its fiscal 2027 growth, despite ongoing Middle East geopolitical tensions impactin...
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