IBM to invest $150 billion in U.S. over five years
IBM says that more than $30 billion of its planned investment will be directed toward expanding U.S. manufacturing of quantum computers
U.S. dollar strengthens modestly against euro and yen
Despite these modest gains, the dollar is still on track for its largest monthly decline in nearly two and a half years
Iran repels large cyber attack on its infrastructure amid nuclear talks
The widespread and complex attack on Iran's infrastructure was identified, and preventive measures were quickly implemented, says Iran's TIC head
Some Amazon sellers are pulling out of Prime Day amid Trump tariffs
According to four merchants the planned pullback is a way for sellers to protect profit margins amid the U.S.-China trade war
Riyadh Air CEO says airline will buy Boeing jets if China delivery delays persist
Boeing is currently seeking to reassign dozens of aircraft that have been blocked from delivery to China
DHL to resume shipments over $800 to U.S. after talks with authorities
Talks with U.S. authorities and regulatory adjustments allowed the company to lift the suspension and resume services, says DHL
China advances stimulus rollout but holds off on new measures
Beijing is already operating with an elevated level of stimulus and plans to maintain this stance over the coming months
DeepSeek AI service reopens to South Korean users after suspension
The revised policy now gives users the option to refuse the transfer of their personal information to companies based in China and the U.S.
Huawei prepares to test powerful AI chip to rival Nvidia’s products
Huawei aims for the Ascend 910D to outperform Nvidia's H100 and expects to receive the first batch of samples by late May
IMF-World Bank meetings end with no clear resolution on U.S. tariff impacts
Despite receiving 18 written proposals and holding numerous negotiations, no concrete agreements are reached
Toyota Motor proposes $42 Billion buyout of supplier Toyota Industries
Chairman Akio Toyoda offers a 6 trillion yen deal to gain full control over the pivotal company within Toyota’s sprawling corporate group.
Swiss National Bank rejects bitcoin reserve proposal amid economic risks
SNB chairman cites liquidity and volatility concerns, while cryptocurrency advocates push for constitutional change to include bitcoin alongside gold.
Turkish inflation expectations remain at 59.3% for households, policy rate raised to 46%
Business and market views rise to 41.7%, signaling inflation concerns
India’s forex reserves surge to six-month high as Indian rupee strengthens
Seventh straight weekly rise brings reserves close to record as portfolio inflows pick up
Carney warns US trade tensions could destabilize Canada’s economy
Canadian leader urges global alliances as Trump steps up economic pressure