T. rex ‘Gus’ sells for record $50.1M at Sotheby’s

A Tyrannosaurus rex skeleton nicknamed "Gus" sold for $50.1 million at Sotheby's in New York on Tuesday, shattering…

China-US trade rebounds in Q2 after first-quarter slump

China-US goods trade totaled 2 trillion yuan ($294.1 billion) in the first half of 2026, with second-quarter trade…

Samsung reportedly secures Anthropic AI chip deal

Samsung Foundry has reportedly secured a contract to manufacture custom AI chips for Anthropic, the company behind the…

Manufacturers stockpile at pandemic-era rates as supply chain strain persists

Global manufacturers are continuing to build buffer inventories at rates not seen since the pandemic-era supply chain crisis,…

NOAA puts super El Niño odds at 81% as Panama Canal tightens draft limits

Insurance and risk management firm TT Club has called on global supply chain operators to urgently review their…

Nvidia eyes Mitsubishi Heavy cooling tech for AI data centers

Nvidia is considering adopting Mitsubishi Heavy Industries' cooling systems and energy management technology for its next-generation AI data…

ZTE unit licensed to buy Nvidia’s H200 AI chips

A unit of Chinese telecoms equipment maker ZTE Corp has received U.S. government approval to purchase Nvidia's advanced…

Barclays initiates SK Hynix ADR coverage with $330 target

Barclays initiated coverage of SK Hynix's newly listed American Depositary Receipts on Tuesday with an Overweight rating and…

Dollar falls against yen after June CPI data

The Japanese yen held near multi-decade lows against the dollar on Tuesday, hovering around 162 per dollar as…

GBP/USD falls as Trump reinstates Iran naval blockade

The British pound slid against the U.S. dollar on Tuesday as markets digested President Donald Trump's announcement that…

ChatGPT returns to WhatsApp in Europe after EU antitrust order

OpenAI's ChatGPT is once again accessible on WhatsApp Meta Platforms, Inc. across the European Economic Area as of…

Trump reverses Hormuz toll plan, opts for Gulf trade deals

President Donald Trump on Tuesday reversed his plan to impose a 20% fee on cargo transiting the Strait…

Uber nears deal to acquire Delivery Hero, Bloomberg reports

Uber Technologies is in advanced negotiations to take over German food-delivery company Delivery Hero, with the ride-hailing giant…

Goldman projects Gulf pipelines can bypass 60% of Hormuz oil by 2027

The effective closure of the Strait of Hormuz since the U.S.-Iran conflict began in February has catalyzed what…

France, Spain meet in World Cup semifinal that fueled record betting volume

The 2026 FIFA World Cup semifinal between France and Spain is set to kick off Tuesday at AT&T…

Canada warns banks about AI cyber risks from Anthropic’s Mythos

The U.S. Cybersecurity and Infrastructure Security Agency is using Anthropic's Claude Mythos AI model to scan federal government…

Apple climbs to second in China’s smartphone market

Apple climbed to second place in China's smartphone market during the second quarter of 2026, with shipments growing…

Thomson Reuters sells 51% of print unit to KKR for $500M

Thomson Reuters announced on Tuesday that it has signed a definitive agreement to sell a 51% stake in…

Solar hit record 25% of EU electricity in June, Ember says

Solar panels generated a quarter of the European Union's electricity for the first time in June, producing a…

IRENA: Renewables hit record 31.7% of global power in 2024

The International Renewable Energy Agency released its Renewable Energy Statistics 2026 report on Monday, revealing that renewable sources…

Reflection AI signs $1B+ deal with Nebius for Nvidia chips

Open-source AI startup Reflection AI said on Tuesday it has signed a deal worth more than $1 billion…

Yen holds near 40-year lows as markets brace for US CPI

The Japanese yen held steady on Tuesday as traders weighed lingering intervention risks and recent government comments on…

UAE frees 55 Iranian fishermen amid Gulf war tensions

The United Arab Emirates has released 55 Iranian fishermen who had been held in detention, with the group…

Google DeepMind’s Hassabis calls for US-led global AI watchdog

Demis Hassabis, co-founder and CEO of Google Alphabet Inc. DeepMind, is calling on the United States to establish…

DeepSeek eyes $71B valuation in new round weeks after raising $7.4B

Chinese AI startup DeepSeek has begun preliminary talks with investors about raising fresh capital at a pre-money valuation…

Meta sues Irish regulator as EU targets addictive design on Facebook, Instagram

The European Commission issued preliminary findings on July 10 that Meta breached the Digital Services Act through the…

Samsung explores U.S. share sale after SK Hynix debut

SK Hynix saw its U.S.-listed shares drop nearly 8% on Monday, falling to around $154.70, after surging more…

China’s CXMT begins book-building for $4.3B STAR Market IPO

South Korean memory-chip giants are under pressure as China's largest DRAM manufacturer prepares for a landmark public offering,…

BlackRock says Japan’s bond selloff signals global rate reset

BlackRock has identified Japan's surging government bond yields as a defining signal that a broader global interest rate…

BofA survey finds global investors most bullish since February

Bank of America's July Global Fund Manager Survey, released Tuesday, shows investor sentiment has climbed to its highest…