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Scientists challenge flagship study that saw 62% climate hit to GDP

A review of an April Nature paper finds data anomalies from Uzbekistan skewed results, overstating the potential economic impact among 83 countries analysed in the original study

Intel CEO Lip-Bu Tan says board backs him amid Trump's call for resignation

Tan has reached out to the White House to clear up what he called "misinformation" about his track record, he said in a letter to staff posted on Intel's website

How the US chose not to bully China but singled out India in trade war

The Indian establishment, which largely welcomed Trump's ascent to power and genuinely believed that the two were on the cusp of a mutually beneficial deal, seems somewhat shell-shocked

Tesla disbands Dojo supercomputer team as leader Peter Bannon exits

The team has lost about 20 workers recently to newly formed DensityAI, and remaining Dojo workers are being reassigned to other data center and compute projects within Tesla

Trump's 50% tariff on Indian imports is a US sanction in disguise

A sanction masquerading as tariff is just Trump being innovative

US confirmed end to stacking, car tariff cuts in trade talks, says Japan

Japan was hit with higher-than-expected universal tariffs as part of the wave of new levies introduced by the Trump administration Thursday

FBI removes two top officials amid Capitol riot probe controversy

Brian Driscoll, the bureau's former acting director, and Steven Jensen, who's been leading the Washington Field Office since April, were instructed to leave

India's state refiners pause Russian oil buys amid US tariff pressure

Companies including Indian Oil Corp., Bharat Petroleum Corp. and Hindustan Petroleum Corp. plan to skip spot purchases of the crude in the upcoming buying cycle

Trump demands 'conflicted' Intel CEO's resignation over China links

The company pleaded guilty in July to violating US export controls by selling hardware and software to China's National University of Defense Technology

Scrapping of US-sanctioned tanker in India shows dark fleet pain

Contract II, a decades-old tanker linked to Iran sanctions, was sold at a discount and dismantled in Alang, India, amid tighter enforcement and rising risks for ageing dark fleet vessels

Toyota slashes FY26 forecast, warns of $9.5 bn hit from US tariffs

The world's biggest carmaker now sees ¥3.2 trillion in operating income for the fiscal year ending in March 2026

UCLA in talks with Trump admin to reinstate $584 million in grants

The move came after the US Justice Department had given the school a Tuesday deadline to enter into a resolution agreement

Private credit drives a 'Buy Now, Pay Later' lending boom in Asia

Lenders worldwide last year made $334 billion in BNPL loans, five times their value from five years before, according to technology analysis and consulting firm Juniper Research

Trump likely to name interim Fed governor to fill upcoming vacancy

Fed Governor Adriana Kugler announced last week that she plans to vacate her role on Aug. 8

Apple to invest $100 billion in US manufacturing amid tariff pressure

The announcement at the White House on Wednesday includes a new manufacturing program designed to bring more of Apple's supply chain to the US

RBI panel proposes shift to 7-day flexible funding window for banks

The panel has invited comments on the proposals by Aug. 29

US imposes $15,000 visa bond on Zambians, Malawians to curb overstays

The measure adds to steps taken by the US government to limit the arrival of people that it deems undesirable

Air India may shift maintenance in-house with Singapore Airlines' help

The Indian airline is preparing to take on pre-flight and daily aircraft inspections, minor repair work and other troubleshooting activities from state-owned AI Engineering Services Ltd, or AIESL

Two Chinese nationals held in US for smuggling Nvidia AI chips to China

A criminal complaint says the two shipped Nvidia-designed chips, including H100 AI accelerators used to build and run AI software, without required US government licences

Hacked Columbia University student, alumni data includes bank numbers, GPAs

The university said that an unauthorised party accessed data on students, applicants, and some staff, including admissions, financial aid, and certain personal information