Australia is on the cusp of restoring its canola exports to China after a five‑year hiatus, a breakthrough that promises to recalibrate global oilseed markets and deepen agricultural ties between Canberra and Beijing. Under a provisional agreement, Australian growers would… Read More ›
Goldman Sachs reported second‑quarter net income of $3.7 billion, or $10.91 per share, comfortably above analysts’ $9.53‑per‑share consensus. The unexpected strength was driven by record revenues in both equities and debt trading, a rebound in advisory fees, and robust net interest… Read More ›
U.S. consumer prices climbed by 0.3 percent in June, marking the largest monthly increase since January and lifting the annual inflation rate to 2.7 percent. While the uptick aligns with forecasts, the underlying drivers point to a confluence of factors—from elevated import… Read More ›
U.S. technology giant Nvidia is poised to resume sales of its advanced AI processors to China, and domestic firms are moving swiftly to place orders. The sudden rush follows Beijing’s conditional approval of renewed U.S. export licenses and reflects a… Read More ›
Alphabet’s autonomous‑vehicle arm, Waymo, is rapidly scaling up its driverless taxi service across U.S. cities even as Tesla moves to broaden its nascent robotaxi operations. Waymo recently crossed the 100 million fully autonomous miles driven milestone—doubling its total in just six… Read More ›
A preliminary inquiry into last month’s Boeing 787 Dreamliner crash in Ahmedabad has surfaced a suite of unresolved issues surrounding cockpit protocols, maintenance oversight and regulatory coordination. Air India’s CEO Campbell Wilson warned staff that while the early findings offer… Read More ›
The Financial Stability Board (FSB), the G20’s dedicated body for safeguarding the international financial system, unveiled a medium‑term climate plan aimed at strengthening coordination, data transparency and forward‑looking risk management across central banks, regulators and market participants. Presented to finance… Read More ›
The European Union and South Korea have intensified efforts to negotiate trade agreements with the United States in a bid to head off steep tariffs that President Donald Trump has slated to take effect on August 1. With the specter… Read More ›
Meta Platforms has decided against further adjustments to its controversial pay‑or‑consent framework for European users, a choice that virtually guarantees fresh antitrust charges and potentially massive daily fines under the EU’s new Digital Markets Act. Despite warnings from Brussels and… Read More ›
Crypto markets have ridden a wave of optimism in recent weeks as investors anticipate a raft of regulatory victories out of Washington. With Congress poised to debate key bills aimed at clarifying rules for digital assets, traders have poured fresh… Read More ›
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