Trump chose a design for the $175B Golden Dome missile shield and named a Space Force general to lead the satellite-based defense against China and Russia.
Nvidia CEO says U.S. AI chip export curbs to China failed, costing billions. Biden's rules blocked China; Trump plans to modify them.
UK inflation rose to 3.5% in April, above forecasts. Core inflation hit 3.8%, driven by energy, transport, and housing costs, despite recent cooling trends.
Trump's tax and spending bill faces a key House test, with debates on Medicaid cuts, tax breaks, and more funding for immigration enforcement and less for aid.
Japan's export growth slowed in April as U.S.-bound shipments fell, with businesses bracing for Trump's tariffs amid a fragile economic recovery.
To avoid Trump's China tariffs, companies are rushing to use bonded U.S. warehouses, where goods can be stored duty-free until sold.
Elon Musk said he'll stay Tesla CEO for at least five more years, valuing control of the company, despite rumors about the board seeking his successor.
Sweden's central bank backs cash use, proposing mandatory cash acceptance for essentials and stronger bank roles in cash handling amid pushback on going cashless.
Honda is cutting EV investment to $48.4B from $68.7B by 2030, shifting focus to hybrids due to slowing EV demand, CEO Toshihiro Mibe said Tuesday.
Qualcomm will launch data center CPUs designed for AI that connect to Nvidia GPUs, aiming to enter the AI chip market dominated by Intel and AMD.
Pfizer will license a cancer drug from China's 3SBio for up to $6B, including $1.25B upfront, and invest $100M in equity; 3SBio shares jumped 35% on the news.
China cut lending and deposit rates for the first time since October to boost consumption and loan growth as the economy slows amid the Sino-U.S. trade war.
Nike is laying off some tech division staff and shifting work to third-party vendors, the company said, noting the changes were announced last week.
Australia's central bank cut rates by 25 bps to 3.85%, a two-year low, citing a weaker global outlook and easing inflation, but stayed cautious on further cuts.
Nvidia unveiled NVLink Fusion, a chip-linking tech to speed up AI systems, and plans to sell it to other chipmakers to support custom multi-chip AI solutions.
China urged the U.S. to adopt responsible policies to protect global financial stability after Moody's downgraded the U.S. credit rating over rising debt concerns.
Spain orders Airbnb to remove 65,000+ rental listings, citing rule violations and blaming the platform for worsening housing shortages and rising property prices.
PM Ishiba rejects debt-funded tax cuts, citing Japan's poor fiscal health and rising rates, despite pressure to boost spending ahead of July's upper house election.
U.S. stocks rose on a tariff truce, led by Tesla and Nvidia, but Moody's credit downgrade may pressure markets as rising yields weigh on investor sentiment.
Ryanair saw strong demand, expects fare rebound after profits fell 16% due to lower fares from weak demand and disputes with online travel agents.
Xiaomi plans to invest 50 billion yuan ($6.93B) in chip design over 10+ years starting in 2025, founder Lei Jun announced on Weibo.
As Jamie Dimon's exit nears, investors worry. His leadership is key, making succession the top concern ahead of JPMorgan's Investor Day on Monday.
Trump says US will set new tariff rates soon, citing limited capacity to negotiate all deals at once. China talks paused as markets eye lasting tariff regime.
Meta asked a judge to dismiss the FTC's monopoly case, arguing the agency failed to prove Meta's dominance via its Instagram and WhatsApp acquisitions.