World Business NewsChina’s underground Nvidia chip repair industry booms amid US export bans
Despite tight US restrictions, boutique firms in Shenzhen are fixing hundreds of smuggled H100 and A100 GPUs monthly as demand surges among AI developers and military-linked buyers
Jul 26, 2025
World Business NewsBritain and India sign free trade pact during Modi visit
Trade deal cuts tariffs on whisky and cars; leaders seal agreement amid Trump tariffs; India deal is UK's biggest post-Brexit deal
Jul 25, 2025
World Business NewsElon Musk's Starlink network suffers rare global outage
Internal software failure causes global Starlink outage for 2.5 hours, affecting tens of thousands of users; speculation includes software update or cyberattack as potential causes
Jul 25, 2025
World Business NewsIndian firm shipped explosives to Russia despite US warnings
One listed recipient is explosives maker Promsintez, which a Ukrainian official says has military ties
Jul 24, 2025
TechMicrosoft knew of SharePoint server exploit but failed to effectively patch it
Microsoft subsequently said in a July 8 security update that it had identified the bug, listed it as a critical vulnerability, and released patches to fix it
Jul 22, 2025
World Business NewsOil dips as Russia sanctions seen limited in impact; diesel supply fears curb losses
Traders weigh EU moves, Russian resilience, and diesel tightness as Brent slips to $69.09
Jul 21, 2025
World Business NewsIndonesia warns 19% US tariff could be imposed ahead of August 1
Economic minister says timing hinges on joint statement following recent trade deal with Washington
Jul 21, 2025
World Business NewsChina embarks on world's largest hydropower dam, capital markets cheer
Hydro project on Yarlung Zangbo in Tibet to surpass Three Gorges Dam; India and Bangladesh express concerns over environmental impact
Jul 21, 2025
World Business NewsReliance Industries Q1 profit soars 78% on strong business growth and Asian Paints stake sale
India’s largest company beats analyst expectations as oil-to-chemicals, digital, and retail arms deliver solid gains; other income quadruples to ₹151 billion
Jul 20, 2025
World Business NewsMicrosoft cuts off China-based engineers from Pentagon cloud support amid national security probe
Move follows ProPublica report, senator’s inquiry, and Defense Secretary Hegseth’s order for a sweeping review of military cloud contracts
Jul 20, 2025
World Business NewsIMF boosts Ecuador loan program by $1 billion after successful second review
Country to immediately receive $600 million as government meets key targets amid fiscal, security, and climate challenges
Jul 20, 2025
World Business NewsAfrican leaders urge swift AfCFTA rollout as U.S. tariffs threaten continent's growth
With only 24 nations actively trading under the pact, leaders call for urgent action to counter rising global protectionism and unlock Africa’s $3 trillion potential
Jul 20, 2025