Li Lecheng, China’s Minister of Industry and Information Technology, spoke at a press conference on July 23, 2026, in Chengdu, China, as part of the APEC Digital Weeks. Evelyn Cheng | CNBC CHENGDU, China — Governments increasingly want to control artificial intelligence, as companies release more powerful open-source models, a new multilateral statement indicates. The…
From left, President Donald Trump, Oracle’s Larry Ellison, SoftBank’s Masayoshi Son and OpenAI’s Sam Altman appear at the White House in Washington on Jan. 21, 2025. Jim Watson | Afp | Getty Images The Pentagon on Thursday announced a contract with Oracle worth almost $7 billion over a decade, a big win for the software…
US President Donald Trump speaks to reporters after landing in Air Force One on July 19, 2026 in Joint Base Andrews, Maryland. Andrew Harnik | Getty Images The Trump administration will impose new tariffs just after midnight ET Friday on dozens of countries over alleged forced-labor violations, according to a notice in the Federal Register….
Intel reported better-than-expected second-quarter results on Thursday, notching its fastest revenue growth rate for any quarter since 2011 and issuing guidance that topped expectations. The stock jumped 11% in extended trading. Here’s how the chipmaker did versus LSEG consensus estimates Earnings per share: 42 cents, adjusted, versus 21 cents expected Revenue: $16.1 billion, versus $14.42…
American Airlines further cut its 2026 earnings outlook, citing higher fuel costs, a sign that a jump in fares isn’t enough for the U.S. airline that flies the most to fully offset this year’s spike in fuel prices. American said it could post an adjusted loss per share of as much as 65 cents up…
Men give a salute while standing over a depiction of the US flag during a demonstration by university students to show their support for the Houthi movement amid escalating tensions with Saudi Arabia, at the Sanaa University campus in Yemen’s Houthi-held capital Sanaa on July 22, 2026. Mohammed Huwais | Afp | Getty Images The…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. On Saturday, Indian space-tech startup Skyroot successfully test-launched a low-orbit rocket carrying a payload of 350 kilograms, marking its entry into the global satellite…
The VLCC Mobassa B (previously named Front Forth), one of the two tankers which the UAE defence ministry said was struck by Iranian cruise missiles while transiting the Strait of Hormuz, in Rotterdam, Netherlands, August 18, 2024, in this picture obtained by Reuters on July 14, 2026. Edwin van Werd | via Reuters Oil prices…
U.S. President Donald Trump (R) meets with Crown Prince and Prime Minister Mohammed bin Salman of Saudi Arabia (2nd-L) in the Oval Office of the White House on Nov. 18, 2025 in Washington, DC. Win McNamee | Getty Images The U.S. signed an agreement with Saudi Arabia on Wednesday to develop a civilian nuclear program…
John Paulson, the hedge fund manager who made billions betting against the U.S. housing market before turning bullish on gold, said he believes the precious metal is only in the early stages of a long-term rally. “I do think we’re in the beginnings or the early stages of a long-term bull market for gold,” Paulson…
