Ireland opens new inquiry into TikTok over data storage in China
Ireland is TikTok’s lead data regulator in the European Union, as the platform’s regional headquarters is located there
Chery and BYD linked to $53 million in China’s $121 million EV subsidy audit
Out of 21,725 ineligible vehicles from 2016 to 2020, Chery claims $33 million for 8,760 units and BYD $20 million for 4,900
Tesla to open first India showroom in Mumbai on July 15
The company is currently focusing on selling imported vehicles in India rather than setting up a local manufacturing unit
Job platforms Glassdoor and Indeed are set to cut 1,300 jobs
AI is changing the world and the company must adapt to deliver better experiences for job seekers and employers, says CEO Hisayuki
Tesla has not applied for California robotaxi permits, says regulators
That permit allows the company to operate chauffeur-style services, including pre-arranged employee transport
IMF warns of high uncertainty in global trade amid U.S. tariff move
IMF says It is closely watching the latest U.S. tariff announcements and urged countries to work together to support a stable trade environment
Walmart recalls 850,000 China-made trail water bottles after three reported injuries
The U.S. Consumer Product Safety Commission says the lid can forcefully eject when opened, posing risks of impact and cuts
Shipping insurers raise rates after Houthi attacks in Red Sea
The rates are expected to raise costs for ships using the Red Sea, while those avoiding it must travel thousands of extra miles around Africa
Japan plans to cut U.S. reliance as Ishiba urges greater self-sufficiency
Japan should not be seen as simply following U.S. demands and must work toward greater independence in key sectors, says Japanese PM
German exporters urge EU to protect its interests, avoid rushed US trade deal
German exports to the U.S. fall 7.7% in May from the previous month, following a 10.5% drop in April
Tesla vehicles to get Grok AI assistant next week, says Musk
Grok is expected to function as a voice assistant, helping with tasks such as navigation, adjusting car settings, and answering user questions
Bitcoin jumps to all-time high of $116,781 driven by institutional investor demand
World's second-largest cryptocurrency Ether jumps nearly 5% to $2,956.82
Trump puts 35% tariff on Canada, eyes 15%-20% tariffs for others
Canada is the second-largest U.S. trading partner after Mexico, and the largest buyer of U.S. exports
India’s inflation likely cooled to over six-year low in June amid easing food prices
Reuters poll shows CPI inflation falling to 2.50% as high base, strong harvest offset uneven monsoon impact
UAE signals potential oil capacity boost beyond 2027 if markets demand
Energy Minister says UAE could scale up to 6 million bpd, potentially becoming the world’s fourth-largest producer