Perplexity AI makes $34.5 billion bid for Google’s Chrome browser
The AI startup aims to challenge Google’s dominance following the DOJ’s antitrust suit, with investor backing for its ambitious acquisition offer
Record $5.3 million auction of Martian meteorite sparks controversy over ownership
Niger government investigates possible illicit trafficking of the meteorite, raising ethical and legal concerns over space rocks
Asian shares rise, dollar defensive after mild inflation data
Fed rate cut expected, boosting Wall Street and Asian markets
AI startup Perplexity makes bold $34.5 billion bid for Google’s Chrome browser
Perplexity pledges $3 billion investment, commits to keeping Chromium open source and unchanged search engine in bid
Air India suspends Delhi-Washington flights due to plane shortages, Pakistan airspace ban
Suspension comes amid US-India tensions over tariffs
Bullion markets breath sigh of relief after Trump says gold will not face tariffs
US gold futures dropped 2.4% to $3,407 per ounce after Trump's announcement, reducing a premium over spot gold by 1.2% to $3,357
Asia stocks mostly higher as tariff truce supports sentiment
Japan's Nikkei, Australia's ASX scale record peaks; Currencies calm ahead of US CPI; Investors await Trump-Putin summit on Friday
Oil gains as US-China tariff pause extension boosts trade hopes
Brent crude futures gain 26 cents, or 0.39%, to $66.89; US West Texas Intermediate crude futures rise 22 cents, or 0.34%, to $64.18
US, China extend tariff truce by 90 days, staving off surge in duties
Extension prevents US, China tariffs from snapping higher; Trump says China has been 'dealing quite nicely'
In India, Trump’s tariffs spark calls to boycott American brandsÂ
Modi supporters call for boycott of foreign brands; Swadeshi Jagran Manch, linked to BJP, leads rallies urging boycott of American goodsÂ
Nvidia, AMD to pay 15% of China chip sale revenues to US, official says
Agreement applies to advanced AI chips like Nvidia's H20; company follows rules set by US government, Nvidia spokesperson saysÂ
Dollar steady before inflation report, US-China tariff deadline
US and China seek to close a deal that will avoid imposing triple-digit tariffs on each other's goods; bitcoin rises 0.7% to $119,154
Gold slips as easing geopolitical tensions weigh; US inflation data in focus
US gold futures for December delivery drop 1.5% to $3,439.70 as cooling geopolitical tensions surrounding the war in Ukraine see the yellow metal fallÂ
Oil prices fall as market eyes US-Russia talks on Ukraine
Brent crude futures drop 0.78% to $66.07, while US WTI crude falls 58 cents to $63.30; expectations rise for a potential end to sanctions on Russian oil supply to international markets
Egypt’s urban consumer price inflation falls to 13.9% in July from 14.9% in June
Monthly urban inflation edges down 0.5% as meat, fruits, and vegetables prices drop amid IMF-backed financial support