Concerned global carmakers race to beat China’s rare earths deadline
Beijing controls 70% of rare-earth mining and 85% of refining, while cheaper pricing continues to challenge global alternatives and delay rare-earth-free motor production
OpenAI launches AI browser Atlas in latest challenge to Google
The AI-powered browser brings ChatGPT into every tab, offering real-time assistance, research, and automation as competition heats up in the AI browsing space.
Automakers forge EV credit alliances to dodge EU carbon fines
Legacy carmakers partner with electric vehicle firms like Tesla, BYD, and Xpeng as Brussels eases 2025 emissions compliance rules.
Amazon says AWS cloud service is back to normal after outage disrupts businesses worldwide
AWS outage disrupts major global websites and apps, affecting gaming and financial platforms; issues stemmed from U.S. site known for outages
Gold prices fall as investors book profits after hitting new highs
Spot gold drops 0.3% to $4,340.29, down from a record high of $4,381.21; U.S. gold futures fall 0.1% to $4,356.40.
Asian stocks surge as trade tensions ease, Nikkei hits record
Nikkei on the cusp of 50,000 as Takaichi trade charges on
Oil prices decline for second consecutive day amid supply concerns and US-China tensions
Prices fall as OPEC+ continues to increase supply, with analysts forecasting a global surplus of nearly 4 million barrels per day by 2026
iPhone 17 outsells predecessor by 14% in early China, US sales, research firm says
Base model iPhone 17 sales nearly doubled in China and rose 31% across both markets compared to iPhone 16
China imports no US soybeans in September for first time in seven years
Brazil dominates China's soybean imports with 85.2% share
Asian markets rise as Nikkei surges and China posts stronger growth
Regional stocks climb after Japan’s Nikkei rally and China’s Q3 GDP expands 1.1% with 6.5% industrial output growth
Gold ticks up on US rate-cut hopes; US-China trade talks in focus
Spot gold rises 0.1% to $4,253.33 per ounce, U.S. futures gain 1.3% to $4,266.30, and silver climbs 0.5% to $52.12 per ounce
China September rare earth magnet exports fall 6% from a seven-month high
Beijing rare earth magnet exports fell to 5,774 metric tons in September from 6,146 tons in August, customs data shows
Oil prices slip on concerns over US-China trade tensions
Brent crude futures fall 24 cents, or 0.4%, at $61.05; US WTI futures down by 21 cents, or 0.4%, at $57.33
Trump vows to keep ‘massive’ tariffs on India until Russian oil imports cease
US claims India cut Russian oil imports by half, but Indian officials deny any immediate decline in shipments
AWS outage disrupts global websites and apps including Fortnite, Snapchat, and Lyft
Cloud service disruption in US-East-1 region affects major gaming, finance, and messaging platforms