CATL and Octopus Energy form JV to bring battery swapping to European trucks

CATL Contemporary Amperex Technology Co., Limited, the world's largest electric vehicle battery manufacturer, and UK energy provider Octopus…

US AI curbs push European firms to diversify providers

Restrictions on access to certain American artificial intelligence services are prompting major European companies to accelerate their efforts…

Euro zone yields dip as U.S.-Iran talks ease pressure on ECB

European government bond yields dipped on Monday as signs of progress in weekend peace talks between the United…

Tesla offers up to 5x TSMC salaries to poach engineers for chip plant

Tesla is offering salaries three to five times higher than those at TSMC Taiwan Semiconductor Manufacturing Company Limited…

Solar hit record 664 GW in 2025 but first dip in decades looms

Solar power emerged as the single largest contributor to new global electricity supply in 2025, adding a record…

China holds back on oil purchases despite Hormuz reopening

Even as the Strait of Hormuz edges toward reopening following the U.S.-Iran ceasefire framework announced on June 14,…

JD.com boss warns robots will replace 700,000 couriers

Liu Qiangdong, the founder of JD.com, has warned that robots will replace the company's 700,000 delivery workers "sooner…

Cape Verde, Egypt make World Cup history as 48-team format defies critics

Two weeks into the 2026 FIFA World Cup, the expanded 48-team format that drew widespread criticism before kickoff…

Bain uses AI to clone software of takeover targets

Bain & Company has been using generative AI to rapidly build working replicas of software products belonging to…

Google taps MediaTek to build next-gen Triggerfish AI chip

Alphabet is developing an upgraded version of its TPU v9 artificial intelligence chip, codenamed Triggerfish, with Taiwan's MediaTek…

Lithium prices plunge as CATL nears restart of key mine

Lithium carbonate futures in China tumbled after the Jiangxi Provincial Department of Natural Resources confirmed that CATL Contemporary…

China’s oil demand may never fully recover from Iran war, analysts warn

China's crude oil imports plunged to an eight-year low in May, and analysts now warn that a portion…

Nadella warns AI industry against power concentration

Satya Nadella, the chief executive of Microsoft, is pushing for a fundamental reset of the artificial intelligence industry,…

Goldman Sachs warns of food supply shock in Southeast Asia

Goldman Sachs The Goldman Sachs Group, Inc. has issued a warning that Southeast Asia faces a looming food…

SpaceX joins FTSE All-World Index 10 days after record IPO

Space Exploration Technologies Corp. became a constituent of the FTSE All-World Index on Monday, just ten days after…

Sea Ltd. partners with OpenAI as Chinese AI firms push deeper into Southeast Asia

Chinese artificial intelligence companies are rapidly expanding across Southeast Asia, deploying open-source models and building data center infrastructure…

TSMC cuts 28nm output at key fab by over 25% as it pivots to AI chips

TSMC Taiwan Semiconductor Manufacturing Company Limited has slashed monthly wafer starts at its Fab 15A facility in Central…

China approves world’s first CAR-T therapy for solid tumors

China's National Medical Products Administration on Monday approved CARsgen Therapeutics' satricabtagene autoleucel, marking the first regulatory approval anywhere…

Precious Shipping wary of Hormuz despite ceasefire

Precious Shipping Managing Director Khalid Hashim said the Bangkok-based dry bulk company remains wary of navigating the Strait…

Dollar firms as Hormuz tensions, Starmer crisis rattle markets

The U.S. dollar is poised to strengthen as trading opens Monday, with investors seeking safety amid renewed tensions…

China sanctions 56 US firms over Pentagon blacklistings

China's Ministry of Commerce announced on Monday that it will place 10 American companies on its export control…

Chinese firms secure 25 GWh in overseas energy storage orders amid Hormuz crisis

The disruptions to global energy markets caused by the 2026 Iran war and the ongoing instability around the…

Samsung rolls out ChatGPT Enterprise in one of OpenAI’s largest deals

Samsung Electronics has rolled out ChatGPT Enterprise and Codex across its global workforce, marking one of the largest…

UK deploys AI weather forecasting as Super El Niño looms

The UK government is deploying artificial intelligence-powered weather forecasting systems to help climate-vulnerable countries brace for what could…

Oil glut bets revive as crude slumps after U.S.-Iran deal

A batch of nearly forgotten derivatives positions betting on an oil supply surplus are coming back into play…

Japan chip equipment makers report first-ever 10% drop in China sales

Japan's leading semiconductor equipment manufacturers have reported an unprecedented decline in sales to China, marking a turning point…

Bernstein analyst calls AI-driven chip boom first true supercycle in 18 years

Stacy Rasgon, a senior semiconductor analyst at Bernstein with 18 years covering the chip industry, declared on June…

SAP CEO says AI could replace all human coders within four years

Christian Klein, CEO of SAP, told the Australian Financial Review that artificial intelligence advances in "vibe coding" could…

Iran holds Belgium to 0-0 draw amid World Cup visa dispute

Iran's national football team earned a hard-fought 0-0 draw against Belgium on Sunday at SoFi Stadium in Los…

Tech CEOs hail China’s GLM-5.2 as top open-weights AI model

Z.AI's GLM-5.2, released on June 13, 2026, has vaulted to the top of the open-weights category on the…