LinkedIn CEO Ryan Roslansky takes on Microsoft Office products
Microsoft CEO Satya Nadella said in a memo that Roslansky will report to Rajesh Jha, who manages Microsoft Windows and Teams
Brazil suspends Coca-Cola bottling plant operations over safety concern
The ministry says a food-grade alcohol liquid used in cooling contacts the products but doesn’t pose a high health risk or contain toxic substances
Amazon to invest $10 billion in North Carolina for AI expansion
Amazon says the investment will create at least 500 jobs, including positions for data center engineers and network specialists
Trump bans nationals from 12 countries, citing security concerns
Countries affected are Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen
Egypt’s urban inflation rises to 16.8 percent in May
Core inflation, which excludes volatile items like fuel and some food, increases to 13.1% year on year in May from 10.4% in April
Indonesia weighs buying China’s J-10 jets after Pakistan downed Indian jets
Indonesian Deputy Defence Minister says the government is evaluating the J-10 on system compatibility, after-sales support, and price
Toyota Industries shares fall 12% after $33 billion take-private offer from Toyota Motor
Toyota Motor says the deal considers minority shareholders' interests and includes a share buyback through a tender offer
China’s rare earth curbs disrupt European auto production
BMW says supplier network affected, while Mercedes is looking for 'buffers' to protect supplies
Tesla sales fall in China and Europe amid price war and weakening demand
The company is under pressure from a growing number of cheaper, high-performance models from Chinese rivals, especially BYD
Microsoft launches free cybersecurity program for European governments
The program is designed to boost information sharing on AI-based threats and help prevent or disrupt attacks
Starlink faces resistance in India over low satellite spectrum pricing
Reliance Jio and Bharti Airtel warn that low fees for satellite internet providers like Starlink could hurt traditional telecom businesses
Hyundai exits India’s Ola Electric, Kia sells $80 million shares at discount
Hyundai and Kia invest $300 million in Ola Electric in 2019 to work on electric vehicles and charging infrastructure
Dollar steady as investors await Trump-Xi call and key data
Dollar index is little changed at 99.194, close to its lowest level since late April
Oil prices steady as Canadian wildfires offset OPEC+ output hike
Brent crude futures rise 0.1% to $65.69 a barrel, while U.S. West Texas Intermediate (WTI) crude is up 0.1% at $63.49
Musk calls Trump-backed spending bill as ‘disgusting abomination’
"I'm sorry, but I just can't stand it anymore," Musk wrote on his social media platform X