Musk may not be done with US politics: report
A fresh report has surfaced in the latest tender offer from Elon Musk’s SpaceX, suggesting that the billionaire entrepreneur may re-engage in US political advisory roles in the future, reported…
Economy
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China’s heatwave fuels power crisis and health warnings
Amidst record-breaking heatwaves gripping large parts of China, the country issued a warning on Wednesday regarding potential power supply disruptions. Authorities also advised the elderly to take precautions against heatstroke as…
Chinese import shifts, infrastructure boom reshape global metals markets
Recent developments in China’s import landscape and ambitious infrastructure projects are sending ripples through global commodity markets, particularly impacting copper, rare earths, and iron ore. While some shifts signal potential supply…
Gold shines amid dovish Fed talk, platinum faces mixed signals
Gold prices began the week on an upward trajectory, bolstered by dovish remarks from a prominent figure within the US Federal Reserve. Christopher Waller, a Fed Governor, reiterated his stance that…
Brazil warns US tariffs could derail trade talks ahead of August 1 deadline
Brazil’s Finance Minister Fernando Haddad said on Monday that negotiations with the United States are ongoing, but it is unlikely that any new trade deal will be in place before…
Brazil economists trim 2026 inflation forecast for first time in over two months
Private economists who are surveyed every week by Brazil’s central bank slashed their 2026 inflation projection for the first time in over two months, in what may be a positive…
Why Japan’s currency could be the unlikely trigger for BOJ’s next big move
The bruising electoral defeat suffered by Japanese Prime Minister Shigeru Ishiba’s ruling coalition has plunged the country into a state of political uncertainty, creating a significant new dilemma for the…
From UK to US: how OpenAI is partnering with governments worldwide
From the United Kingdom to the United Arab Emirates, and from India to the United States, governments are rapidly turning to artificial intelligence to modernise public service delivery.OpenAI, the company…
‘Will crush your economy’: US senator threatens India, China for buying Russian oil
US Senator Lindsey Graham has sounded an alarm over continued oil imports from Russia by major economies such as India, China and Brazil, warning that President Donald Trump is readying…
China holds key lending rates steady in line with expectations
China’s central bank left its benchmark lending rates unchanged on Monday, opting for stability as the country contends with a cooling economy and faltering consumer sentiment.The People’s Bank of China…