Modi speaks to Elon Musk on tech and innovation ties
Starlink faces hurdles as its India operations await security clearance, while rivals like Eutelsat OneWeb and Jio Satellite Communications are granted licenses
Google ad tools found to harm competition and consumers, judge says
The ruling determines that Google willfully acquired and maintained monopoly power in the markets for publisher ad servers
Apple’s smartphone shipments in China fall for seventh straight quarter
Shipments fall to 9.8 million units, reducing Apple’s market share to 13.7%, down from 17.4% in the previous quarter.
Tesla accused of using algorithms to accelerate odometer mileage
The lawsuit alleges Tesla inflates odometer readings, causing early warranty expirations and costly repairs for customers
IMF chief urges U.S. and China to ease trade tensions
Kristalina Georgieva stresses the need for reforms that would ensure a fairer environment for all global players
IMF sees global growth hurt by trade tensions but no recession
Prolonged uncertainty will be costly and consequences of trade reboot will be “significant”, says IMF Managing Director Kristalina Georgieva
Oil climbs to two-week high as U.S. sanctions on Iran spark supply concerns
Brent crude futures rise by 1% to $66.53 a barrel, while U.S. West Texas Intermediate (WTI) crude gains 1.2%, reaching $63.19 per barre
U.S. dollar posts recovery against Swiss franc, yen following trade talks
Despite gains, the dollar remains on track for a fourth consecutive weekly loss
Musk’s SpaceX is frontrunner to build Trump’s Golden Dome missile shield
The SpaceX-led group is pitching the Pentagon on a 'subscription model' for missile defense, according to sources
China bans ‘smart’ and ‘autonomous’ terms in car ads
The directive prohibits manufacturers from testing or upgrading ADAS features through over-the-air software updates
China issues new rules to regulate cross-border financial data flow
The guideline mandates that financial institutions adopt technical and management measures to ensure data security
Japan sees sixth consecutive export gain amid looming U.S. trade barriers
The trade surplus reaches 544.1 billion yen ($3.84 billion) in March, exceeding forecasts of 485.3 billion yen
U.S. targets $1 billion in Iranian oil sales to China with fresh sanctions
The campaign seeks to bring Iranian oil exports down to zero and curb Tehran’s nuclear ambitions and regional influence
State of California sues Trump administration over new trade tariffs
The state argues that the president does not have the authority to impose broad trade restrictions or taxes without congressional approval
U.S. cotton exports to India surge as China demand falls
U.S. cotton exports to India rise to 155,260 running bales from 25,901 a year earlier between February and April