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U.S.–EU Rift Over ‘Unfair’ Digital Rules Escalates After New U.S. Threats

Trump’s Tariff Doubling Tests India: Background, Responses and the Prospect of Global Realignment

High-Protein Push: India’s Protein Shortfall and How McDonald’s, Bollywood and Cricket Are Driving a Nutrition Trend

Strong Consumer Spending and Business Investment Drive US Corporate Profit Rebound and Higher GDP Growth in Second Quarter

Incentives and Pricing Lift July Car Sales in Europe Where BYD Surpasses Tesla

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute

Oversupply, Policy Shifts and Geopolitics Squeeze Oil Prices and Producer Prospects

Inflation, Tariffs, and Changing Tastes Cut French Cognac Revenues by 13% Amid Industry Caution

China Uncertainty Clouds Spectacular Nvidia Quarter Despite Record Results

Trump’s World Liberty’s WLFI Slumps on Debut Amid Unlock, Selling Pressure and Regulatory Scrutiny

Japanese Startup Plans Yen-Backed Stablecoin Backed by JGBs, Raising Questions for Monetary Policy

Meta Weighs Using Google and OpenAI Models to Power Apps — a Pragmatic Pivot with Big Industry Ripples

Latest News

Nestlé Ousts CEO Laurent Freixe; Board Names Philipp Navratil as Steward for Renewal

Trump’s World Liberty’s WLFI Slumps on Debut Amid Unlock, Selling Pressure and Regulatory Scrutiny

Reader's Pick

ESPN–NFL Media Deal Signals a Strategic Leap in Sports Broadcasting 06/08/2025

Brussels Holds Firm: Why the EU Pushed to Protect Its Digital Rulebook and How That Stalled a Joint Trade Statement with Washington 17/08/2025

Samsung’s U.S. Surge: How the Galaxy Playbook Is Winning Customers from Apple 17/08/2025

Nvidia and AMD’s 15% China Levy Reflects a Geopolitical Trade-Off Over Market Access 11/08/2025

Putin–Witkoff Kremlin Talks Raise Global Stakes as U.S. Deadline Nears 06/08/2025

Latest Business News
Nestlé Ousts CEO Laurent Freixe; Board Names Philipp Navratil as Steward for Renewal

Nestlé Ousts CEO Laurent Freixe; Board Names Philipp Navratil as Steward for Renewal

Companies

Nestlé abruptly dismissed Chief Executive Laurent Freixe on Monday after an internal review concluded he breached the company’s code of conduct by failing to disclose a romantic relationship with a direct subordinate. The Swiss food group moved swiftly to replace him, elevating longtime executive Philipp Navratil — most recently head of Nespresso — as CEO with immediate effect. The surprise...
Trump’s World Liberty’s WLFI Slumps on Debut Amid Unlock, Selling Pressure and Regulatory Scrutiny

Trump’s World Liberty’s WLFI Slumps on Debut Amid Unlock, Selling Pressure and Regulatory Scrutiny

Companies

World Liberty Financial’s WLFI token opened public trading this week with a burst of attention — and then a sharp pullback. The token, created by the Trump family’s World Liberty venture as a governance and utility instrument, initially fetched strong bids on major exchanges but ended its first trading day materially lower than early peaks. Market participants and analysts pointed to a mix of...
China’s BYD feels the burn: how China’s EV price war ate into margins and profits

China’s BYD feels the burn: how China’s EV price war ate into margins and profits

Companies

China’s electric-vehicle champion BYD reported a sudden and painful squeeze on profitability this quarter as an accelerating price war at home forced the company into heavy discounting, dealer incentives and margin concessions. Once the poster child of China’s EV boom, BYD’s second-quarter results exposed how rapid market share battles and aggressive promotions across brands have turned a growth...
Smart stethoscope turns seconds of sound into earlier care — and reshapes diagnosis pathwaysA pocket-sized stethoscope that combines traditional auscultation with an electrocardiogram and cloud-based artificial intelligence is changing how clinicians

Smart stethoscope turns seconds of sound into earlier care — and reshapes diagnosis pathwaysA pocket-sized stethoscope that combines traditional auscultation with an electrocardiogram and cloud-based artificial intelligence is changing how clinicians

Innovation

A pocket-sized stethoscope that combines traditional auscultation with an electrocardiogram and cloud-based artificial intelligence is changing how clinicians spot three major heart problems — heart failure, valvular disease and dangerous rhythm disorders — in as little as 15 seconds. Early deployments in UK primary care have shown the tool finds many conditions that routine examination can miss,...
Russia’s Rosneft’s profits plunge as oil glut, strong rouble and policy costs bite

Russia’s Rosneft’s profits plunge as oil glut, strong rouble and policy costs bite

Companies

Russian oil major Rosneft said its net income plunged by roughly 68% in the first half of the year, a decline company executives squarely blamed on a mix of weaker crude prices, currency movements and mounting structural costs — a cocktail that has battered earnings across the country’s energy sector.   The drop to about 245 billion roubles (\$3 billion) marked a sharp reversal from the...
Meta Weighs Using Google and OpenAI Models to Power Apps — a Pragmatic Pivot with Big Industry Ripples

Meta Weighs Using Google and OpenAI Models to Power Apps — a Pragmatic Pivot with Big Industry Ripples

Companies

Meta Platforms is reportedly exploring short-term deals to use rival AI models from Google and OpenAI inside its apps as the company races to close a widening performance gap with leading generative-AI providers. The discussions, centred in Meta’s newly formed Superintelligence Labs, reflect a pragmatic — if unusual — strategy: borrow the best available capabilities now while continuing to build...
U.S. Ends Low-Value Import Exemption to Curb Trade Loopholes and Rising Consumer Risks

U.S. Ends Low-Value Import Exemption to Curb Trade Loopholes and Rising Consumer Risks

Markets

The United States has brought an end to its long-standing exemption on low-value imports, a change that is reshaping the landscape for global e-commerce and ordinary consumers. Effective immediately, all imported packages—regardless of their value—will face duties and customs checks. The move, presented by the administration as both a public safety measure and an economic necessity, is expected...
Oversupply, Policy Shifts and Geopolitics Squeeze Oil Prices and Producer Prospects

Oversupply, Policy Shifts and Geopolitics Squeeze Oil Prices and Producer Prospects

Markets

Global oil markets are navigating a difficult stretch, with a mix of rising output, softening demand and knotty geopolitical tensions combining to sap momentum from prices and leave producers and traders on edge. After a period of relative stability, the industry now confronts an uncomfortable reality: even as wars and sanctions produce headline risks, underlying market dynamics point toward...
Japanese Startup Plans Yen-Backed Stablecoin Backed by JGBs, Raising Questions for Monetary Policy

Japanese Startup Plans Yen-Backed Stablecoin Backed by JGBs, Raising Questions for Monetary Policy

Markets

A Japanese fintech startup’s move to issue a yen-pegged stablecoin has lit up markets and regulators alike, because it sits at the crossroads of traditional finance and the fast-moving crypto ecosystem. The plan to launch a token fully convertible into yen and backed by domestic savings and Japanese government bonds represents more than another cryptocurrency product: it is a test of whether a...
China Uncertainty Clouds Spectacular Nvidia Quarter Despite Record Results

China Uncertainty Clouds Spectacular Nvidia Quarter Despite Record Results

Companies

Nvidia delivered a blockbuster second-quarter performance, yet persistent doubts over its ability to sell H20 chips in China have cast a shadow over the otherwise dazzling results. While revenue, profit, and profitability margins soared to new highs, the market’s focus shifted to geopolitical headwinds, transforming a beat into a moment of cautious recalibration.   Stellar Quarter, But the...
Incentives and Pricing Lift July Car Sales in Europe Where BYD Surpasses Tesla

Incentives and Pricing Lift July Car Sales in Europe Where BYD Surpasses Tesla

Markets

Car sales in Europe rose sharply in July, delivering the industry’s best monthly performance since April 2024. Incentive schemes, consumer demand for hybrids, and aggressive pricing strategies combined to lift the market despite economic uncertainty. At the same time, China’s BYD overtook Tesla in monthly sales, highlighting the rapid reshaping of Europe’s electric vehicle sector.  ...
Strong Consumer Spending and Business Investment Drive US Corporate Profit Rebound and Higher GDP Growth in Second Quarter

Strong Consumer Spending and Business Investment Drive US Corporate Profit Rebound and Higher GDP Growth in Second Quarter

Markets

U.S. corporate profits staged a strong recovery in the second quarter, lifting confidence that the economy remains resilient despite trade pressures and an uncertain global backdrop. Profits rebounded sharply after a steep decline in the first three months of the year, while gross domestic product (GDP) growth was revised higher as consumer spending and business investment proved stronger than...

World

China’s Xi’s blueprint for a multipolar era: markets, institutions and a China-led remit

China’s Xi’s blueprint for a multipolar era: markets, institutions and a China-led remit
Chinese President Xi Jinping used a high-profile summit of the Shanghai Cooperation Organisation to set out an expansive vision for a reshaped global order — one that leans on regional institutions,...

Economic Necessity and Geopolitical Hedging: Why India and China Are Reopening Skies and Trade

Economic Necessity and Geopolitical Hedging: Why India and China Are Reopening Skies and Trade
India and China’s agreement to resume direct flights and expand trade and investment marks a pragmatic thaw between two wary neighbours — a move shaped as much by regional border diplomacy as by a...

Putin–Witkoff Kremlin Talks Raise Global Stakes as U.S. Deadline Nears

Putin–Witkoff Kremlin Talks Raise Global Stakes as U.S. Deadline Nears
U.S. special envoy Steve Witkoff met Russian President Vladimir Putin at the Kremlin on Wednesday, just two days before the expiration of a key deadline set by President Donald Trump. The deadline...

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...

People

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute
The legal and political battle over President Donald Trump’s attempt to fire Federal Reserve Governor Lisa Cook is moving into a Washington courtroom, where a federal judge is preparing to hear...

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...