French economy posts modest 0.1% growth in Q2 amid tariff uncertainty, says central bank
Industrial and services sectors see gains, but wine and hospitality hit by heatwaves and global trade tensions
Nvidia becomes first public company to cross $4 trillion market cap on AI surge
Shares hit record $164 as investor confidence in AI accelerates, tripling valuation in a year and eclipsing Apple and Microsoft
Oil edges up to two-week high on lower US output forecast, renewed Red Sea attacks
Four crew dead, at least two wounded in latest Red Sea attack
EU prepares for all outcomes in trade talks with U.S.
European Commission President Ursula von der Leyen tells European Parliament that the bloc remains firm in its principles and is ready for any scenario
China sets up platform for auto suppliers to report auto makers over late payments
China's industry ministry says it would now accept complaints online to help small suppliers and ensure automakers follow rules
Grok removes posts after backlash over antisemitic content
Grok says in a statement that it was aware of the recent posts and was actively removing the inappropriate content
Malaysia says no plans to retaliate against U.S. tariffs
Talks with Washington are ongoing and the country is still working toward a trade deal, says Malaysian Trade Minister
New Zealand holds interest rate at 3.25 percent
Reserve Bank of New Zealand says inflation is expected to reach the top of its 1 to 3 percent target range during the second and third quarters of 2025
Google focuses AI spending on technical infrastructure
The company believes it is more important to invest now than to risk falling behind, says head of AI and emerging tech policy
Apple in talks to buy U.S. Formula 1 broadcast rights
With ESPN’s deal ending, Netflix entering the race, and a $293 million film success, U.S. Formula 1 rights draw new interest
Starbucks China draws interest with $10 billion valuation, CNBC reports
Starbucks will keep a 30 percent stake in the business, while the rest will be split among several buyers, each holding less than 30 percent
U.S. tariff income hits $100 billion with $300 billion expected this year
U.S. Treasury Secretary says collections rise in the second quarter as tariffs on imports, steel, aluminium, and autos take effect
World’s top copper producer Chile seeks clarity on U.S. 50 percent tariff move
Chile's government says it had not received any formal communication about the new tariff and is still in contact with U.S. officials
U.S. to impose 50 percent tariff on copper imports
The new tariff seeks to grow U.S. supply of copper, a key material in vehicles, infrastructure, and electronics
10 percent tariff coming for BRICS countries, says Trump
Trump says the BRICS group was formed to harm the United States and weaken the U.S. dollar’s role as the world’s reserve currency