Elon Musk to face OpenAI’s counterclaims in high-stakes 2026 Jury Trial
A federal court has ruled that Elon Musk must face OpenAI’s counterclaims alleging a prolonged campaign to harm the company he co-founded…
UK job market shows signs of recovery, rate cuts still possible, says ING
The UK job market is showing signs of a potential turnaround, with a recent, more modest decline in payroll employment hinting that…
Beijing imposes steep duties on Canadian canola amid trade dispute
Beijing escalated its trade dispute with Ottawa on Tuesday, announcing a preliminary anti-dumping duty on Canadian canola imports. This move marks a…
Intel stock rises after Trump meets Tan, calls him a ‘success’: why a friendship could help
Intel Corp shares rose about 3% in pre-market trading on Tuesday after US President Donald Trump confirmed he had met with company…
Dow futures tumble before July inflation data: 5 things to know before Wall Street opens
Dow futures were trading in red before the opening bell on Tuesday as the investor focus shifts to July’s consumer price index,…
Australian court rules Apple, Google app stores uncompetitive in partial win for Epic Games
An Australian federal court has ruled that Apple and Google’s smartphone app stores lack safeguards against anti-competitive behaviour, marking a partial legal…
SoftBank targets AI dominance with $32.7B OpenAI stake and chip purchases
Masayoshi Son is positioning SoftBank at the heart of the global artificial intelligence race, building a portfolio that spans chip design, infrastructure,…
JPMorgan sees Fed cutting rates 5 times starting in September
JPMorgan has made a sharp turn in its Fed forecast, now expecting multiple interest rate cuts starting as soon as September 2025….
Saudi Arabia likely to cut September crude oil exports to China
Saudi Arabia, the world’s largest crude oil exporter, is poised to reduce its crude oil exports to China in September. This expected…
Denmark’s Orsted seeks $9.4B amid US wind power opposition
Orsted, a Danish wind farm developer, saw its stock decline sharply on Monday after requesting 60 billion crowns ($9.4 billion) from shareholders. …
