Musk took leased cars back so Tesla could use them as “robotaxis” Instead, Tesla sold them
The policy starts in 2019 when Tesla allows customers to lease Model 3 sedans but requires their return for Tesla’s planned "robotaxi" network
China accuses U.S. of unfair restrictions on Huawei’s AI chip use
Chinese Ministry of Commerce says that such actions threaten the stability of global semiconductor supply chains
Oil prices plunge over 3% on hopes of U.S.-Iran nuclear deal
Brent crude falls by 3% to $64 a barrel, while U.S. West Texas Intermediate (WTI) crude drops by 3.2% to $61
Dollar slides ahead of key U.S. retail sales data
Japanese yen appreciates 0.6% to 145.94 per dollar, Swiss franc gains 0.5% to 0.8384, and euro edges up 0.2% to $1.1192
Trump says India offered zero-tariff deal on U.S. goods
India’s proposed deal includes zero tariffs on 60% of tariff lines and preferential access to 90% of U.S. imports
Japan’s top refiners cut green investments as costs soar
Global energy sector re-emphasizes fossil fuels amid concerns over energy security, cost inflation, and policy uncertainty
U.S.–China container bookings surge nearly 300% after tariff pause
German shipping firm Hapag-Lloyd also reports a 50% week-on-week increase in U.S.-China traffic in the early days of the week
Perplexity AI partners with PayPal to enable in-chat purchases
The collaboration lets users make purchases, book travel, or buy tickets directly through Perplexity Pro using PayPal
Qatar to invest $10 billion in largest U.S. Middle East military base, Trump says
Qatar also signs $42 billion worth of defense deals with the US
Netflix’s ad-supported tier reaches 94 million users globally
However, Netflix’s international content strategy faces challenges from potential tariffs on foreign-made films
Europe’s top retailers urge EU to curb Visa and Mastercard fees
The complaints come as the EU continues exploring long-term alternatives to reduce reliance on non-European payment systems
Google warns U.S. retailers as Scattered Spider hackers shift focus from UK
Law enforcement struggles to rein in the group due to its loose structure, young members, and limited victim cooperation
Aramco signs $90 billion in preliminary deals with U.S. giants amid Trump visit
Aramco is set to collaborate with Amazon Web Services on digital transformation and carbon reduction initiatives
Qatar Airways places largest order for 160 Boeing twin-aisle jets during Trump visit
Deal includes firm orders for 30 Boeing 777X and 130 787 jets worth $96 billion; GE Aerospace engines chosen over Rolls-Royce for 787s; Largest widebody deal for both Boeing and GE Aerospace
U.S. and Qatar ink agreements worth $1.2 trillion, deepening economic and defense ties
Qatar Airways signs $96 billion deal for Boeing aircraft, while $38 billion in potential defense investments at Al Udeid Air Base signal expanded military cooperation