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China Orders State Firms to Speed AI Rollout Across Manufacturing

China's SASAC directed central state-owned enterprises to accelerate AI adoption across manufacturing, from R&D to production and management.

China Unveils Publishing Industry Plan for 2026–2030 With 33 Major Projects

China's National Press and Publication Administration has issued a publishing industry plan through 2030, listing eight priority areas and 33 major project

China Orders State Firms to Speed AI Rollout Across Manufacturing

China's SASAC directed central state-owned enterprises to accelerate AI adoption across manufacturing, from R&D to production and management.

Merz Vows to Stay After CDU Gets 5% in State Vote

Friedrich Merz's CDU received just 5% in Mecklenburg-Vorpommern on Sunday, its worst state result since WWII, but the German chancellor vowed to press on.

Iran Sends US Peace Terms via Qatar as Oil Crosses $100 a Barrel

Iran's security chief says Tehran has sent Washington conditions to end the war through Qatar, including lifting the US naval blockade, as oil crosses $100

China Places 14 EU Entities on Export Control List in Response to Latest Sanctions

China placed 14 EU entities on its export control list, barring dual-use goods, in response to Brussels' latest sanctions package targeting Russia.

Tesla Suffers Worst Weekly Slump Since 2022 After Missing Quarterly Earnings

Tesla shares fell nearly 18% this week after a quarterly earnings miss and negative cash flow, marking the automaker's steepest weekly drop since 2022.

Kuwait’s KPC Signs $16 Billion Pipeline Deal with Blackstone, Brookfield and KKR

Kuwait Petroleum Corporation has signed a $16 billion lease-and-leaseback deal with Blackstone, Brookfield and KKR to finance its oil pipeline network.

Musk Urges Public to ‘Enjoy the Ride’ as Concerns Over AI’s Rapid Rise Grow

Elon Musk urged the public to "enjoy the ride" amid rising fears over artificial intelligence, saying he doesn't care if people dislike him.

Google and Tesla Shares Slide as Investors Question Timing of AI Payoffs

Alphabet and Tesla shares dropped as investors questioned when heavy artificial intelligence spending by major tech firms will translate into profits.

US Imposes Fresh Tariffs on Over 60 Countries, Citing Forced Labor Concerns

The Trump administration has imposed 10-12.5% tariffs on more than 60 countries, including China, citing failed enforcement of forced labor import bans.

Oil Surges Past $100 a Barrel as Middle East Conflict Escalates

Brent crude surged above $100 for the first time since May as Houthi attacks on Saudi tankers and US-Iran tensions rattled global oil markets.

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Judge Halts Nexstar-Tegna Merger Amid Antitrust Fears

Federal judge blocks Nexstar-Tegna merger over antitrust concerns, halting the $6.2 billion deal pending a trial. State AGs and DirecTV celebrated the ruling.

TikTok Shop Rolls Out Across Europe, Targeting Key Markets

TikTok Shop expands its e-commerce operations across Europe, launching in key markets like Germany, France, Italy, Spain, Ireland, Poland, and the Benelux countries.

Kelp DAO Suffers $292 Million Hack, Triggering DeFi Contagion and Market Freezes

Kelp DAO hit by a $292 million crypto hack, the largest DeFi exploit of 2026. Aave and other platforms freeze markets amid contagion fears.

Grab Accelerates AI Delivery with Robot Acquisition and New Tech

Grab expands its AI delivery services by acquiring Infermove and launching its AI robot, Carri, to enhance efficiency and reduce costs in Southeast Asia.

Wall Street Bets on Private Credit Woes with New Derivatives

Wall Street banks are trading new derivatives, including credit default swaps, to bet on potential stress and defaults within the rapidly growing private credit market.

Robots Outpace Humans in Beijing Half-Marathon, Shattering World Records

Humanoid robots stunned spectators at the Beijing Half-Marathon, with the winning robot 'Lightning' breaking the human world record by nearly seven minutes. The event highlighted rapid advancements in robotic speed, autonomy, and endurance.

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