News

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Thu, 16 Jul 2026 18:30:04 GMT

Nvidia's Robotics Push

Nvidia is partnering with major Japanese robotics firms like Fanuc and Yaskawa to advance AI-driven automation systems.

Thu, 16 Jul 2026 15:30:07 GMT

US Imposes Brazil Tariffs

The US will levy a 25% tariff on most Brazilian imports starting July 22, launching a new trade strategy that could hit dozens of countries.

Thu, 16 Jul 2026 12:30:05 GMT

TSMC Booms on AI Demand

Driven by the AI boom, TSMC posted a record 77% profit jump and pledged an extra $100 billion for US chip factories.

Thu, 16 Jul 2026 09:30:12 GMT

China's Yuan Ambitions

Beijing plans broader global access to yuan assets after the currency appreciated and demand for panda bonds surged.

Thu, 16 Jul 2026 08:20:08 GMT

European Airline Crisis

High fuel prices from the Iran war push weak European airlines toward buyouts and bankruptcy as winter cash strains loom.

Wed, 15 Jul 2026 21:30:07 GMT

LCH Accepts Dim Sum Bonds

London Clearing House now accepts offshore yuan-denominated Chinese government bonds as collateral, boosting Beijing's currency internationalization efforts.

Wed, 15 Jul 2026 18:30:06 GMT

BBVA Uses AI for CX

BBVA is using generative AI to analyze customer calls and survey data in Spain and Mexico, helping the bank identify and fix service friction points.

Wed, 15 Jul 2026 15:30:08 GMT

Stripe, Advent Bid for PayPal

Stripe and Advent International made a joint $53 billion offer ($60.50/share) to buy PayPal, backed by $50 billion in bank financing.

Wed, 15 Jul 2026 12:30:04 GMT

Visa Debuts Banking AI

Visa launched an AI assistant for US banks to embed in their apps, offering cardholders personalized spending insights and chat-based account controls.

Wed, 15 Jul 2026 09:30:07 GMT

Senate Blocks Defense Bill

Democrats blocked a $1.15T military budget to protest President Trump's unauthorized war in Iran.

Wed, 15 Jul 2026 03:30:04 GMT

Australia Warns Big Tech

Australia's internet regulator found significant gaps in how tech giants tackle online child sexual abuse and the growing threat of sexual extortion.

Tue, 14 Jul 2026 21:30:10 GMT

OPEC Trims 2026 Oil Demand

OPEC cut its 2026 global oil demand growth forecast by 190,000 bpd to 780,000 bpd, marking its third straight monthly downgrade as recovering Gulf supply outpaces consumption.

Tue, 14 Jul 2026 18:30:05 GMT

Son's $5T AI Vision

SoftBank's Masayoshi Son says AI will require $5T yearly by 2040, dismissing bubble fears as AI revenues will hit 20% of global GDP.

Tue, 14 Jul 2026 15:30:06 GMT

Nvidia's Asia Chip Crackdown

Nvidia halved its approved Asian buyer list, tightening compliance in Singapore, Malaysia, and Japan to stop AI chips from reaching China.

Tue, 14 Jul 2026 09:30:07 GMT

Oil Prices Surge on War Risks

Oil prices jumped 12% since Friday as U.S.-Iran hostilities and Trump's reinstated blockade on Iranian oil fueled fears of Strait of Hormuz supply disruptions.

Tue, 14 Jul 2026 06:30:06 GMT

VW Flags 50K Extra Job Cuts

Volkswagen plans 50,000 extra job cuts due to a 20% cost disadvantage vs rivals. Oliver Blume's restructuring plans face fierce labor opposition.

Tue, 14 Jul 2026 03:30:04 GMT

Intel's $5.7B AI Investment in Ireland

Intel is investing $5.7 billion (€5B) in its Ireland plant to boost AI chip production and upgrade capacity, creating hundreds of new jobs by 2027.

Mon, 13 Jul 2026 21:30:04 GMT

Meta Pulls AI Image Tool

Meta scrapped its new Muse Image feature days after launch due to privacy backlash over automatically opting in users' public Instagram photos.

Mon, 13 Jul 2026 18:30:05 GMT

Ford & Unifor Labor Deal

Ford and Canadian union Unifor have reached a tentative three-year national labor contract covering over 5,000 workers, seeking better pay and benefits.

Mon, 13 Jul 2026 15:30:05 GMT

SpaceX's AI Strategy

SpaceX's AI profits rely on Earth-based data centers, not space. Orbital AI is a long-term bet, with real disruption at least a decade away.

Mon, 13 Jul 2026 12:30:06 GMT

Mitsubishi's Humanoid Robots

Mitsubishi Motors will mass-produce AI-powered humanoid robots starting in 2027 to tackle future labor shortages at its auto manufacturing plants.

Mon, 13 Jul 2026 09:30:07 GMT

AT&T Pension Settlement

AT&T will pay $184.1 million to settle a lawsuit accusing it of using outdated mortality data to shortchange 300,000 married employees on their pensions.

Mon, 13 Jul 2026 08:30:06 GMT

TSMC Posts Record Q2 Revenue

TSMC's Q2 revenue surged 36% to a record T$1.27 trillion ($39.62B), beating estimates due to booming demand for AI applications.

Mon, 13 Jul 2026 06:30:04 GMT

Apple Sues OpenAI

Apple is suing OpenAI for allegedly stealing iPhone hardware trade secrets, using ex-employees and supplier leaks to build its own rival AI device.

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