Apple will invest $500M in MP Materials to boost U.S. rare earth supply and iPhone production, reducing reliance on China amid U.S. manufacturing push.
Trump said he trusts the UK to defend the U.S. but doubts the EU and NATO, influencing his decision not to sign a trade deal with the EU.
Oracle will invest $3B in AI and cloud in Germany ($2B) and the Netherlands ($1B) over 5 years to meet rising demand, the company announced Tuesday.
Nissan will stop making cars at its Oppama plant by March 2028, moving operations to Fukuoka as part of a global plan to cut production capacity.
Rio Tinto named iron ore head Simon Trott as new CEO, replacing Jakob Stausholm. Trott has been with the company for over 20 years and led key profits since 2020.
Nvidia plans to resume H20 AI chip sales to China, despite U.S. export curbs that could cost $15B. The move follows CEO's visit to Beijing and Trump meeting.
China's economy slowed less than expected in Q2, but weak demand and global risks may force more stimulus as exports fade and consumer confidence stays low.
Mark Zuckerberg will testify in an $8B trial accusing Meta of running Facebook illegally and violating a 2012 FTC deal by mishandling user data.
Nvidia's CEO downplayed U.S. fears over China's military using its chips, saying they can't rely on them. He also called export curbs counterproductive.
China's exports picked up in June, imports rebounded, as firms raced to beat a fragile US-China tariff truce ahead of an August deadline that could revive 100%+ duties.
Australia PM Albanese urges closer China ties on green steel, while pressing Beijing to curb excess output. Iron ore trade to earn Australia A$105B this year.
Apple faces pressure to boost its lagging AI efforts as shares fall 16% in 2024. Investors urge bold moves, including big acquisitions and top AI talent hires.
Bitcoin hit a record $121,207, topping $120K for the first time, as investors eye policy wins. It last traded up 1.6% at $121,015.
A 200% tariff would spike costs, squeeze profits, and disrupt supply chains, risking drug shortages and higher prices even with a delayed start.
Nissan may build Honda pickups at its underused Mississippi plant. Talks come amid rising Chinese competition and U.S.-Japan auto trade talks.
Australia's Project Acacia picks 14 firms to trial tokenised asset settlement and CBDC, led by the RBA and DFCRC, to boost digital finance innovation.
UK GDP fell 0.1% in May after April's 0.3% drop, missing growth forecasts. Industrial and construction slumps offset slight services gains.
Trump's planned 50% tariff on Brazilian goods may hike U.S. hamburger beef costs, hitting meat firms already hurt by tight cattle supplies and import bans.
Trump plans 35% tariffs on Canada starting Aug 1, warning hikes if Canada hits back; also eyes 15-20% tariffs on most other trade partners.
Tesla sets its annual shareholder meeting for Nov 6, after investors pressed the Elon Musk-led firm to comply with legal obligations and announce a date.
Disney+ UK will stream ITV hits like "Love Island" & "Mr Bates vs The Post Office," while ITVX gets Disney shows, aiming to boost audiences.
Nvidia hit a $4T market cap, the first company ever to do so, as AI chip demand soars. Shares rose 2.4% to $164, cementing its Wall Street favorite status.
Automakers urge buyers to get EVs before the $7,500 U.S. tax credit ends this fall. Tesla warns: "Take delivery by Sept 30, 2025" on its homepage.
ASML dropped inclusion & diversity targets for U.S. staff to comply with local laws, but will keep them in other markets, the chip gear maker said.