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Bitcoin Breaks $120,000 as Institutional ETF Inflows and Regulatory Optimism Ignite Rally

Burberry’s Turnaround Blueprint Spurs Early Signs of Revival

Nvidia’s China Comeback Signals Major Shifts in Global AI Dynamics

US Consumers Fuel E‑Commerce Boom with Convenience, Deals and Innovation

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

Tariff Windfall Reshapes US Federal Finances as Customs Duties Exceed $100 Billion

Asian Automakers Lean on U.S. Market Amid Rising Tariffs and Global Uncertainties

Nvidia Accelerates H20 Chip Expansion into China to Secure AI Leadership

Zuckerberg in the Crosshairs as $8 Billion Privacy Trial Unfolds

Latest News

Nvidia Accelerates H20 Chip Expansion into China to Secure AI Leadership

Zuckerberg in the Crosshairs as $8 Billion Privacy Trial Unfolds

Reader's Pick

China Accelerates Global Push for Digital Yuan to Secure Financial Sovereignty 18/06/2025

Kraft Heinz Embraces Natural Color Palette to Align with Health, Consumer and Regulatory Trends 17/06/2025

Hilton and Marriott Accelerate African Expansion to Capitalize on Tourism Boom 18/06/2025

Apple Embarks on AI‑Driven Chip Design, Paving the Way for Faster Innovation 19/06/2025

Europe Accelerates Drive for Digital Sovereignty Amid U.S. Tech Dominance 22/06/2025

Latest Business News
Nvidia Accelerates H20 Chip Expansion into China to Secure AI Leadership

Nvidia Accelerates H20 Chip Expansion into China to Secure AI Leadership

Companies

Nvidia has announced a significant ramp‑up in shipments of its H20 artificial intelligence chips to China, a strategic move that underscores the company’s determination to maintain its technology leadership amid easing U.S. export restrictions. Chief Executive Jensen Huang, speaking at the Global Supply Chain Expo in Beijing, confirmed that Nvidia will prioritize Chinese orders for the H20 series...
Zuckerberg in the Crosshairs as $8 Billion Privacy Trial Unfolds

Zuckerberg in the Crosshairs as $8 Billion Privacy Trial Unfolds

Companies

An $8 billion derivative lawsuit against Mark Zuckerberg and former Meta Platforms board members kicked off mid‑July 2025 in Delaware’s Court of Chancery, shining an unprecedented spotlight on the Facebook co‑founder’s personal responsibility for the social network’s most notorious data‑privacy failure. Shareholders allege that Zuckerberg and his fellow executives consciously failed to enforce a...
Nvidia’s China Comeback Signals Major Shifts in Global AI Dynamics

Nvidia’s China Comeback Signals Major Shifts in Global AI Dynamics

Companies

Nvidia’s announcement that it will restart shipments of its flagship AI H20 chip to China marks a watershed moment in the technology sector’s tug‑of‑war between Washington and Beijing. After months of halted sales under stringent U.S. export curbs, the chipmaker’s move—approved by renewed U.S. licensing—underscores the critical interdependence of global AI supply chains and carries far‑reaching...
Asian Automakers Lean on U.S. Market Amid Rising Tariffs and Global Uncertainties

Asian Automakers Lean on U.S. Market Amid Rising Tariffs and Global Uncertainties

Markets

Asian car manufacturers maintain a steadfast focus on the American market even as Washington tightens import duties on foreign vehicles. Despite levies of up to 25 percent on cars and trucks shipped from abroad, companies such as Toyota, Hyundai, Honda and Nissan continue to generate a disproportionate share of their sales and profits across North America. Executives and industry observers point...
Burberry’s Turnaround Blueprint Spurs Early Signs of Revival

Burberry’s Turnaround Blueprint Spurs Early Signs of Revival

Companies

Under new leadership, Burberry has embarked on an ambitious turnaround plan that is reshaping its operations, product mix and global positioning. Appointed in mid‑2024, CEO Joshua Schulman wasted no time in unveiling “Burberry Forward,” a strategic framework designed to reignite demand, stabilize finances and reclaim the brand’s heritage cachet. Nearly a year into the effort, the impact of these...
Bitcoin Breaks $120,000 as Institutional ETF Inflows and Regulatory Optimism Ignite Rally

Bitcoin Breaks $120,000 as Institutional ETF Inflows and Regulatory Optimism Ignite Rally

Markets

Bitcoin surged past the $120,000 threshold on Monday, marking a watershed moment for the flagship cryptocurrency. The jump to an all‑time high of $122,571 before settling near $121,950 represented a dramatic extension of a rally driven by a confluence of institutional buying, regulatory momentum and favorable technical dynamics. As major asset managers, corporate treasuries and even some...
Tariff Windfall Reshapes US Federal Finances as Customs Duties Exceed $100 Billion

Tariff Windfall Reshapes US Federal Finances as Customs Duties Exceed $100 Billion

Markets

U.S. customs duties collections have soared past the $100 billion mark in a single fiscal year for the first time on record, marking a dramatic shift in federal revenue streams. Fueled by a cascade of higher tariffs and broadening import levies, customs duties now represent roughly 5 percent of total government receipts—up from just 2 percent in prior years. This surge has not only delivered...
US Consumers Fuel E‑Commerce Boom with Convenience, Deals and Innovation

US Consumers Fuel E‑Commerce Boom with Convenience, Deals and Innovation

Markets

The U.S. e‑commerce market has entered a new phase of rapid expansion, with online retail spending surging by more than $24 billion in a single July shopping weekend. While headline figures often point to seasonal promotional events, the underlying drivers of this growth run deeper: extended sale periods, seamless mobile experiences, empowered consumer segments and evolving economic pressures are...
Chinese Fashion Giant Shein Opts for Confidential Hong Kong IPO Filing to Safeguard Competitive Edge

Chinese Fashion Giant Shein Opts for Confidential Hong Kong IPO Filing to Safeguard Competitive Edge

Companies

Fast‑fashion powerhouse Shein has chosen to submit its draft prospectus for a Hong Kong initial public offering (IPO) on a confidential basis, departing from the customary public disclosure process in the city’s capital markets. The decision comes as the China‑founded retailer, known for its data‑driven supply chain and low‑priced apparel, pursues its third attempt to go public after earlier...
Coinbase’s S&P 500 Triumph Signals New Era for Crypto Adoption

Coinbase’s S&P 500 Triumph Signals New Era for Crypto Adoption

Companies

Coinbase’s stunning 43 percent surge in June, which crowned it the best‑performing stock in the S&P 500, marks a watershed moment for the emerging cryptocurrency industry. After making its debut in the benchmark index at the end of May, the leading U.S. crypto exchange has harnessed a perfect storm of passive fund inflows, regulatory tailwinds, and product innovation to propel its shares to...
China’s Tight Grip on Rare Earth Exports Exposes Global Supply Vulnerabilities

China’s Tight Grip on Rare Earth Exports Exposes Global Supply Vulnerabilities

Markets

China’s recent resumption of rare earth magnet shipments has done little to reassure global manufacturers and governments that supply shocks are a thing of the past. After imposing export restrictions in April in retaliation for heightened U.S. tariffs on Chinese goods, Beijing has begun issuing new licences—but at a deliberate, uneven pace. Automakers from Detroit to Munich scrambled to keep...
Global High-End Brands Embrace Conceptual Stores to Revive Sales in China

Global High-End Brands Embrace Conceptual Stores to Revive Sales in China

Markets

As luxury spending cools under wider economic pressures, leading fashion houses and jewelers are turning to elaborate, experience-driven environments to reignite consumer interest and bolster flagging revenues. From Tokyo to Paris and Shanghai, conceptual stores—spaces that blend retail with dining, art and entertainment—are reshaping the way affluent customers engage with heritage brands. Rather...

World

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...

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared
The United States has reported its first severe human case of bird flu in 2024, involving a Louisiana resident who is hospitalized in critical condition. This marks a significant shift in the ongoing...

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...