Russia-backed Indian refiner sues Microsoft over suspended services
The company seeks an interim order to restore services and protect its access to digital systems
Russian airline cancels over 40 flights after major cyberattack
Silent Crow claims the attack and links it to the war in Ukraine, while Belarusian group Cyberpartisans BY is also named
U.S. and China to resume trade talks in Stockholm
Both sides are likely to agree on extending their tariff and export control ceasefire, first struck in May, for another 90 days
Musk’s Tesla signs $16.5 billion chip supply deal with Samsung
Elon Musk says he will visit the facility to speed up progress and adds that the deal value is a minimum estimate, with output likely higher
China AI firms form two alliances to cut reliance on foreign tech
One focuses on building a domestic model chip ecosystem and the other aims to integrate AI technology with industrial transformation
Trump administration to announce semiconductor probe results in two weeks
The probe could lead to new tariffs on foreign chips and pharmaceuticals
Boeing faces strike threat as workers reject contract offer
Boeing offers a four-year deal with a 20% raise and $5,000 bonus, but the union says it didn’t meet members’ priorities
Trump says U.S. is close to trade deal with China
No timeline or specific terms are mentioned, and officials have not confirmed the status of the negotiations
U.S. and EU reach trade deal with 15% tariff on most goods
The deal also includes a commitment by the EU to lower non-tariff barriers for U.S. automobiles and agricultural products
Trump supports TikTok but wants U.S. ownership, says U.S. commerce secretary
You can't have the Chinese have an app on 100 million American phones, that is just not okay, says Lutnick
Bangladesh orders 25 Boeing planes as part of push to ease US tariffs
Alongside the aircraft deal, Bangladesh is boosting imports of wheat, soybean oil and cotton from the United States
Huawei unveils AI system it claims rivals Nvidia’s top-tier offering
CloudMatrix 384 debuts at Shanghai AI conference with 384 chips and system-level design aimed at surpassing U.S. export restrictions
South Korea readies trade package ahead of U.S. tariff deadline, eyes deal by August 1
Shipbuilding, agriculture, and digital services on the table as Seoul races to avoid 25% tariffs and match Japan’s terms
IMF approves $625 million loan package for Chad to back development push
Initial $38.5 million disbursed as country eyes 8% growth under $30 billion investment plan despite oil, aid, and refugee pressures
Japan may fund Taiwanese chipmakers in U.S. under $550 billion investment deal
Trade envoy says Japanese components or supply relevance qualify foreign firms for financing as Tokyo eyes tariff relief and strategic gains