World News
Iran's leaders see victory within reach, believe time is on their side
Tehran believes US weapons shortages, war fatigue and rising energy prices could force Donald Trump to accept its control over the vital waterway, but the strategy carries risks
 "Iran's leaders see victory within reach, believe time is on their side")
UN calls for accountability if people harmed during peaceful protest in PoK
UN spokesperson also backed High Commissioner Volker Turk's call for an impartial probe into the deaths of protesters and arrests of leaders
 "UN calls for accountability if people harmed during peaceful protest in PoK")
SpaceX shares surge 16%, near $135 IPO price again after $327 billion rally
Elon Musk-led company's stock has gained 23% in two sessions, adding over $327 billion to its market value despite lockup restrictions ending
 "SpaceX shares surge 16%, near $135 IPO price again after $327 billion rally")
Trump gets temporary reprieve from disclosing business finances in BBC suit
Florida judge pauses order requiring Trump to provide financial details as president seeks to narrow his $10 billion lawsuit against the broadcaster
 "Trump gets temporary reprieve from disclosing business finances in BBC suit")
Trump calls court ruling on WH ballroom a 'national security threat'
US president says his administration will challenge the ruling before the Supreme Court after a federal appeals court said the project requires congressional approval
 "Trump calls court ruling on WH ballroom a 'national security threat'")
US Senate clears Russia sanctions bill with 100% tariffs on India, China
The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 allows Donald Trump to impose 100 per cent tariffs on goods from countries among the top five buyers of Russian oil and gas
 "US Senate clears Russia sanctions bill with 100% tariffs on India, China")
Trump moves to fire Fed's Lisa Cook again after June court setback
The White House has asked Cook to respond within three weeks to mortgage-fraud allegations that her lawyer called baseless, according to a report by ABC News on Friday
 "Trump moves to fire Fed's Lisa Cook again after June court setback")
US jobs fall unexpectedly in July as earlier payrolls revised lower
The US economy unexpectedly lost jobs in July, while payroll figures for the previous two months were revised sharply lower, reducing expectations of a Federal Reserve rate hike.
 "US jobs fall unexpectedly in July as earlier payrolls revised lower")
FAA orders crack inspections for hundreds of Boeing 737 Max jets
The Federal Aviation Administration this week ordered inspections for hundreds of Boeing planes, following reports of cracks in some older models.
 "FAA orders crack inspections for hundreds of Boeing 737 Max jets")
Cloudflare shares jump after forecast raise on higher AI-driven spending
The earnings follow Amazon.com's strongest cloud growth in more than four years. Amazon company noted that it won't have enough capacity to meet all demand this year.
 "Cloudflare shares jump after forecast raise on higher AI-driven spending")
Airbnb hits 4-year high: Investors cheer revenue forecast raise, AI payoff
Airbnb shares surged after the company raised its full-year revenue forecast, citing resilient global travel demand while reporting quarterly revenue above market estimates.
 "Airbnb hits 4-year high: Investors cheer revenue forecast raise, AI payoff")
China's robots know Kung Fu and can scale walls. Can they woo investors?
Chinese humanoid robot maker Unitree Robotics is set to raise about $900 million through a Shanghai IPO, as investor interest in embodied AI and robotics continues to grow.
 "China's robots know Kung Fu and can scale walls. Can they woo investors?")
US Court rules Trump must get Congress' approval for ballroom construction
A US appeals court ordered Donald Trump to halt construction of his proposed White House ballroom, ruling that he must first secure approval from Congress
 "US Court rules Trump must get Congress' approval for ballroom construction")
US employers unexpectedly shed 23k jobs in July; Unemployment rate falls
US employers unexpectedly cut 23,000 jobs in July as hiring in prior months was revised lower, raising concerns over labour-market weakness and the Fed's rate outlook
 "US employers unexpectedly shed 23k jobs in July; Unemployment rate falls")
Saudi, Turkey and Pakistan sign joint defence deal amid regional turmoil
Iran and its allies have been firing on Saudi and other Gulf states, and blockading their energy shipments, since US and Israel attacked it on Feb 28 in major escalation of years of regional tumult
 "Saudi, Turkey and Pakistan sign joint defence deal amid regional turmoil")
6 killed, several injured after shooting at high school in Thailand
The shooting happened at the Debsirin Nonthaburi School in Nonthaburi province northwest of the national capital
 "6 killed, several injured after shooting at high school in Thailand")
China's exports slow in July despite robust demand for high-tech products
Customs data released Friday showed China's trade surplus narrowed to $112.5 billion from $125.6 billion in June
 "China's exports slow in July despite robust demand for high-tech products")
Airport closes in Okinawa as Typhoon Dolphin approaches southern Japan
The typhoon was near Yoron Island and heading west toward the main island of Okinawa with maximum winds of 144 kph as of late morning Friday
 "Airport closes in Okinawa as Typhoon Dolphin approaches southern Japan")
Inside $1.46 trn AI spending spree reshaping the world's biggest tech firms
Amazon, Microsoft, Alphabet and Meta have built $1.46 trillion in physical assets through AI investments, overtaking several global oil majors
 "Inside $1.46 trn AI spending spree reshaping the world's biggest tech firms")
SpaceX to build $16.8 billion chip plant in Texas, create over 3,000 jobs
The first phase of the vertically integrated, 100-million-square-foot facility in Grimes County, Texas, will create at least 3,000 high-paying jobs for engineers, technicians, and plant operators
 "SpaceX to build $16.8 billion chip plant in Texas, create over 3,000 jobs")