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Bloomberg

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China's $11 trillion stock market is a headache for both Xi, Trump

Even after a recent rally, Chinese indexes have only just returned to levels seen in the aftermath of a dramatic bubble burst a decade ago

China's $11 trillion stock market is a headache for both Xi, Trump
Updated On : 17 Aug 2025 | 11:14 PM IST

Ukraine ceasefire still on table as Trump seeks deal, says Rubio

While Donald Trump had gone into Friday's summit with Putin seeking a ceasefire, he'd emerged saying he was going to focus on a final settlement

Ukraine ceasefire still on table as Trump seeks deal, says Rubio
Updated On : 17 Aug 2025 | 11:13 PM IST

AI boom seen driving next decade of emerging markets performance

Emerging-market stocks that are highly exposed to AI have even outperformed the so-called Magnificent Seven megacap tech firms so far this year, according to equities strategists at Citigroup Inc

AI boom seen driving next decade of emerging markets performance
Updated On : 17 Aug 2025 | 11:02 PM IST

China's Tesla rival Unitree's H1 wins humanoid race at Beijing showcase

The three-day event hosted in the Chinese capital is the latest showcase for the nation's challengers to Tesla Inc and other US companies developing products in the emerging field of advanced robotics

China's Tesla rival Unitree's H1 wins humanoid race at Beijing showcase
Updated On : 16 Aug 2025 | 8:25 AM IST

OpenAI staff plan to sell $6 billion in stock to SoftBank, other investors

The secondary share sale will give OpenAI employees a chance to get cash-rich amid a high-stakes talent war in the artificial intelligence industry

OpenAI staff plan to sell $6 billion in stock to SoftBank, other investors
Updated On : 16 Aug 2025 | 7:50 AM IST

Trump says Xi assured him China won't act on Taiwan during his presidency

The US has long sought to deter Beijing from any military action seeking to unify the self-governing island of Taiwan with China by force

Trump says Xi assured him China won't act on Taiwan during his presidency
Updated On : 16 Aug 2025 | 7:41 AM IST

SpaceX gets billions from US govt but gives little to nothing back in taxes

Tax experts said that not having to pay $5 billion in federal income taxes was substantial and notable for a company that has relied on contracts with the US government to an unusual degree

SpaceX gets billions from US govt but gives little to nothing back in taxes
Updated On : 15 Aug 2025 | 10:55 PM IST

Global plastic treaty talks collapse as hardline stances stall progress

During the most recent set of talks, the US aligned itself with this second group, saying it opposed any restrictions on business and commerce

Global plastic treaty talks collapse as hardline stances stall progress
Updated On : 15 Aug 2025 | 10:30 PM IST

Trump signals semiconductor tariffs within weeks, may reach 300%

The president has repeatedly promised that levies on chips and pharmaceuticals are coming within weeks, but no formal announcements have yet been made

Trump signals semiconductor tariffs within weeks, may reach 300%
Updated On : 15 Aug 2025 | 10:29 PM IST

Trump's 'Golden Dome' still shrouded in mystery, even for its builders

Golden Dome will include existing systems, accelerated development of advanced technology, and ultimately new components such as space-based interceptors, according to Trump

Trump's 'Golden Dome' still shrouded in mystery, even for its builders
Updated On : 15 Aug 2025 | 8:56 AM IST

Secret Service races to secure lodging for Trump-Putin summit in Alaska

The summit will take place at Joint Base Elmendorf-Richardson, Alaska's largest military installation

Secret Service races to secure lodging for Trump-Putin summit in Alaska
Updated On : 15 Aug 2025 | 8:36 AM IST

Russian hackers lurked in US courts for years, stole sealed files

The attackers had access to what was supposed to be protected information for multiple years

Russian hackers lurked in US courts for years, stole sealed files
Updated On : 15 Aug 2025 | 8:28 AM IST

Jackie Bezos, who backed son Jeff's Amazon dream, passes away at 78

Jeff Bezos wrote that his mother passed away surrounded by so many of us who loved her, saying her death followed a long fight with Lewy body dementia

Jackie Bezos, who backed son Jeff's Amazon dream, passes away at 78
Updated On : 15 Aug 2025 | 8:09 AM IST

Nvidia's 'Trump tax' of little concern to investors eyeing AI riches

A look at balance-sheet math goes a long way to explaining why. In the first quarter, Nvidia said it sold $5.5 billion in products to China, roughly 13% of its total

Nvidia's 'Trump tax' of little concern to investors eyeing AI riches
Updated On : 14 Aug 2025 | 11:18 PM IST

Israel set to expand settlements into West Bank to 'bury' Palestinian state

The West Bank-based administration of Palestinian Authority President Mahmoud Abbas condemned the announcement

Israel set to expand settlements into West Bank to 'bury' Palestinian state
Updated On : 14 Aug 2025 | 11:07 PM IST

Vladimir Putin seeks arms control treaty as next stage after Trump summit

Following a call with European leaders, Trump said he hoped to use the Friday summit with Putin to set up a "quick second meeting" with Ukrainian leader Volodymyr Zelenskiy

Vladimir Putin seeks arms control treaty as next stage after Trump summit
Updated On : 14 Aug 2025 | 6:07 PM IST

Tourist tax on cards? Why London may mimic Paris in charging visitors

As Sadiq Khan, London's mayor who favors a tourist tax, put it, most travelers: "don't really mind paying the few extra euros" when they visit cities such as Paris and Berlin

Tourist tax on cards? Why London may mimic Paris in charging visitors
Updated On : 14 Aug 2025 | 4:35 PM IST

Indian refiners scour globe for more oil ahead of Trump-Putin summit

India's state processors have bought large volumes of non-Russian crude this week for prompt September-October delivery

Indian refiners scour globe for more oil ahead of Trump-Putin summit
Updated On : 14 Aug 2025 | 2:30 PM IST

Trump's 50% trade tariff threatens India's manufacturing ambitions

Trump's move would give India the highest tariff rate in Asia, threatening a manufacturing sector that Prime Minister Narendra Modi has spent a decade trying to build

Trump's 50% trade tariff threatens India's manufacturing ambitions
Updated On : 14 Aug 2025 | 11:24 AM IST

Should Intel's treatment worry Silicon Valley's powerful Indian diaspora

The problem is a fear, both in Washington and in Silicon Valley, that the US and Chinese tech ecosystems are not complements but rivals.

Should Intel's treatment worry Silicon Valley's powerful Indian diaspora
Updated On : 14 Aug 2025 | 10:10 AM IST