Heat wave threatens World Cup knockout rounds across U.S. Northeast

A dangerous heat wave is bearing down on the northeastern United States as the FIFA World Cup 2026…

French inflation falls to ECB’s 2% target, snapping five-month rise

Consumer price growth in France pulled back sharply in June, snapping five months of acceleration and offering the…

ByteDance targets 2027 for in-house CPU amid Qualcomm talks

ByteDance aims to finalize the design of its next-generation in-house central processing unit by early 2027 at the…

Chip stocks cap record quarter marred by $1T late-June selloff

The semiconductor sector closes out the second quarter of 2026 with a paradox: historic gains shadowed by a…

ECB warns inflation shock ‘not over’ despite oil retreat

European Central Bank President Christine Lagarde on Monday defended the institution's June 11 rate hike, rejecting the characterization…

France meets Sweden in World Cup knockout opener at MetLife

France takes on Sweden in a sold-out Round of 32 World Cup match at MetLife Stadium on Tuesday,…

Ferrari and BMW switch to aluminum wiring as copper prices hit records

Ferrari and BMW Bayerische Motoren Werke AG are rolling out new models with aluminium wiring, joining Tesla and…

Asian stocks post best quarter since 2009 on AI chip rally

Asian equities closed the April-June quarter with their strongest performance in 17 years on Tuesday, as a handful…

China and India ease fuel restrictions as supply fears recede

China will allow state-owned refiners to export up to 800,000 metric tons of refined fuel in July, up…

Central banks plan to shrink dollar holdings for first time, survey finds

For the first time, more of the world's central banks intend to cut their dollar allocations than increase…

VW advisers push sale of Ducati, Lamborghini after Everllence deal

Volkswagen is facing mounting pressure to sell prized brands including Ducati and Lamborghini as its financial crisis deepens,…

Nearly 1 million new millionaires created in 2025, UBS report finds

Personal wealth surged at its fastest pace in years during 2025, minting nearly one million new U.S. dollar…

Meituan open-sources trillion-parameter AI model trained on Chinese chips

Chinese food delivery giant Meituan on Tuesday released and open-sourced LongCat-2.0, a 1.6 trillion-parameter large language model trained…

SAS places $10 billion order for up to 40 Airbus widebodies

Scandinavian Airlines announced on Tuesday that it will purchase up to 40 Airbus widebody aircraft in what the…

Global stocks set for best Q2 in six years as Iran deal fuels rally

Global equity markets are poised to close out their strongest second quarter in six years on Tuesday, capping…

Asian refiners ship Middle Eastern crude to California amid Gulf oil glut

Surging Persian Gulf crude output is upending traditional oil trade flows, with Asian refiners redirecting Middle Eastern barrels…

MIT study finds ozone loss began in 1957, not 1985

The first signs of human-caused ozone depletion appeared as early as 1957 — roughly 30 years before the…

Asian stocks cap best quarter in 17 years on AI boom

Asian equity markets surged on Tuesday to cap their strongest quarter in nearly two decades, powered by an…

ECB’s Wunsch says case for another rate hike has weakened

European Central Bank Governing Council member Pierre Wunsch said on Tuesday that the case for a second interest…

Shell warns LNG supply could contract in 2026 amid Hormuz crisis

Shell released its annual LNG Outlook 2026 on Tuesday, warning that global liquefied natural gas trade could stagnate…

Multiple World Cup players face rape allegations as FIFA draws criticism

Achraf Hakimi, Morocco's captain and Paris Saint-Germain defender, has lodged an appeal with France's Court of Cassation after…

China’s tech stocks trail world by most since 2001

Chinese technology stocks are enduring their worst stretch in a quarter century, with the MSCI China Index tumbling…

China’s factory activity beats forecasts in June amid AI export boom

China's manufacturing activity expanded faster than expected in June, with the official purchasing managers' index climbing to 50.3…

Apple supplier Luxshare launches $3.1B Hong Kong listing

Luxshare Precision Industry, the Chinese electronics manufacturer best known for assembling Apple's AirPods and iPhones, launched a Hong…

CERN shuts down Large Hadron Collider for $1.5B upgrade

The world's most powerful particle accelerator fell silent on Monday as CERN switched off the Large Hadron Collider,…

Morgan Stanley slashes oil forecast again as Hormuz flows rebound

Morgan Stanley slashed its Brent crude oil forecast for the second time in roughly two weeks, lowering its…

OpenClaw launches mobile apps for iOS and Android

The OpenClaw Foundation on Sunday released native iOS and Android apps for its open-source AI agent, making it…

iPhone 18 Pro details exposed in Tata Electronics breach

A ransomware attack on Tata Electronics has exposed confidential details about Apple's upcoming iPhone 18 Pro, including supplier…

Russian recruits surviving only minutes at Ukraine’s drone-dominated front

Russian soldiers deployed to the front lines in Ukraine are surviving an average of just 20 to 35…

Gold miners fall as bullion slides toward $4,000

Shares of major gold mining companies declined Monday as spot gold extended its weeks-long retreat, falling toward the…