China’s Zeekr denies ‘zero-kilometre used car’ allegations
The company forms a task force to review the matter and says it takes corrective steps if needed to ensure transparency and improve customer experience
Trump signs law to regulate dollar-pegged stablecoins
Crypto companies say the law will increase trust in stablecoins and make it easier for banks, businesses and consumers to adopt them
Microsoft stops using China-based engineers for Pentagon cloud services
U.S. Defence Secretary launches two-week review of all department cloud contracts to ensure no China-based personnel are involved
Reliance 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
Microsoft 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
IMF 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
African 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
U.S. firms to lead energy revival in Syria as sanctions ease
Baker Hughes, Hunt Energy, and Argent LNG to develop masterplan for oil, gas, and power sector after 14 years of war
IMF eyes revised global forecast, but warns trade tensions still cloud outlook
Uncertainty remains high despite some increased trade and improved financial conditions; Fund will update its global forecast later in July, says IMF First Deputy Managing Director Gita GopinathÂ
Netflix shares dip 4% as revenue forecast underwhelms despite earnings beat
Investors question FX-driven outlook; password crackdown, ads, and sports help boost engagement but subscriber data remains undisclosed
India, UK set to seal free trade pact next week, boosting whisky, car, textile access
Modi's expected London visit may coincide with signing; deal slashes tariffs on Scotch, vehicles, and textiles under quota system, pending approval.
G20 finance chiefs agree on need for central bank autonomy
The ministers and central bank governors pledge to continue data-driven policymaking and cooperation on global economic issues
Stocks tied to ether rally as price climbs past $3,600
Ether climbs to $3,675.81, its highest level since January 6, before settling at $3,601.40, up 5%
U.S. lawmaker opposes Nvidia’s AI chip sales to China
It could help China develop AI models that support its military and compete with U.S. technology, says Republican Representative Moolenaar
Nvidia sees strong AI chip demand as China welcomes foreign investment
Nvidia CEO Jensen Huang says the company is ready to deepen cooperation with Chinese firms in artificial intelligence