Tesla’s Robotaxi launch expected in June, Musk says

Musk says the tests are running ahead of schedule and have not experienced any incidents

Xiaomi launches Tesla Y rival YU7 in Beijing showrooms

YU7 launch comes amid challenges for Xiaomi, as new EV orders have declined following a fatal highway crash involving the SU7

Google begins direct online sales of hardware devices in India

Google plans physical stores in India to showcase Pixel and other hardware products

DeepSeek R1 update narrows gap with OpenAI and Google in AI performance

The updated version improves reasoning depth, inference capabilities and enhancing performance on complex tasks

Oil prices fall over 1% after U.S. court blocks broad Trump tariffs

Brent crude futures close 1.2% lower at $64.15 a barrel, while U.S. West Texas Intermediate crude drops 1.5% to $60.94 a barrel

Dollar falls as trade court blocks major Trump tariffs

Dollar drops 0.28% to 144.42 yen and 0.42% to 0.824 against the Swiss franc

First mango shipment sweetens ties between Bangladesh and China

50-tonne export marks a new chapter in Bangladesh-China relations as India’s influence wanes

Musk exits White House amid pressure to refocus on his businesses

Billionaire leaves Department of Government Efficiency after raising concerns over Trump’s fiscal plan and focusing on Tesla

UN labour body cuts global job forecast amid economic slowdown

53 million jobs will be created this year, seven million fewer than previously anticipated, as economic growth projections have been revised down to 2.8% from 3.2%, ILO says 

US court blocks most Trump tariffs, says president exceeded his authority

Court cites that Constitution grants Congress power to regulate international commerce; Markets cheer ruling, dollar and global stocks rally; Trump administration files notice of appeal, questions authority of the court

Oil prices rise over 1% as OPEC+ holds output steady

Brent crude futures rise 1.42% to $65 a barrel, while U.S. West Texas Intermediate (WTI) crude gains 1.77% to $61.97

Dollar strengthens as trade optimism lifts U.S. outlook

Euro fell 0.14% to $1.1312, while the dollar rose 0.33% to 144.8 yen

Vance says U.S. should embrace bitcoin as China rejects it

U.S. Vice President says the digital asset could play a critical role for the U.S. over the next decade

Musk’s xAI and Telegram agree to one-year Grok partnership

xAI will pay Telegram $300 million in cash and equity and share 50% of subscription revenue generated through the platform

Xiaomi market value tops $171 billion, surpassing BYD

Shares of Xiaomi jump as much as 3.4% after the company reported record revenue and profit for the first quarter