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Trump to delay 50% tariffs on EU until July 9 after call with von der Leyen

The EU had been slated for a 20 per cent tariff under those reciprocal rates announced in April, and a temporary pause took the rate down to 10 per cent through July 9

Softbank's Masayoshi Son floats idea of US-Japan sovereign wealth fund

Son has discussed the plan with US Treasury Secretary Scott Bessent, although it hasn't been formally proposed, the report said.

EU weighs cutting 20 lenders from SWIFT under new Russia sanctions

A decision on timing of potential restrictions has yet to be taken

Trump signs orders to boost nuclear energy, speed reactor construction

The effort is a bid to meet a coming surge in electricity demand and help the US reclaim its edge in nuclear energy

Trump is frittering away US' soft power in Asia with its Harvard ban

America and China are already locked in a battle for influence - but Washington risks sabotaging those goals

Apple plans glasses for 2026 as part of AI push, nixes watch with camera

Company engineers are ramping up work on the glasses - a rival to Meta Platforms Inc.'s popular Ray-Bans - in a bid to meet the year-end 2026 target

Jane Street nets $2.3 bn from booming India equity options trading

The trading haul was a sharp surge from 2023, underscoring the country's growing importance to the firm's global expansion, according to people familiar with the matter

Tariff uncertainties pose growth risks, says RBI Governor Sanjay Malhotra

The governor said India's domestic growth is supported by stable policies, healthy corporate balance sheets and strong macroeconomic fundamentals that bode well for the economy.

Harvard legal fight supercharged by Donald Trump's foreign student ban

The government has already frozen more than $2.6 billion in funding to Harvard, with a court challenge by the school set to be aired in July

Christine Lagarde warns of enduring changes in global trade dynamics

The finance ministers and central bank governors focused instead on a collective call to address "excessive imbalances" in the global economy, an effort clearly aimed at China, though they didn't name

India's car-centric growth is driving the middle class to frustration

At 6 million-plus kilometers (4 million miles), India's road network is now the second largest in the world after the US, according to official data from New Delhi.

US judge blocks Donald Trump's effort to shutter education department

Education Department spokesperson, Madi Biedermann, said in a statement that the administration would contest Joun's ruling.

Jamie Dimon warns of stagflation risk amid US economic uncertainty

Dimon's comments expand on remarks he made in recent , when he warned against complacency and said recession remains a possibility, adding that many of the effects of the tariffs are yet to be seen

BYD supasses Tesla in Europe for the first time with 169% surge in sales

Until recently, BYD and its Chinese peers had prioritized selling fully electric cars in Europe, spurred by the region's ambitious targets to lower tailpipe emissions and transition the industry

Bitcoin tops $111,000 for first time as US optimism lifts cryptocurrencies

A wave of optimism is buoying Bitcoin after the advancement of a key stablecoin bill in the US senate fueled hopes of greater regulatory clarity for crypto operators

Moscow faces second day of drone attacks, dozens of flights disrupted

All four airports in greater Moscow suspended operations multiple times over the past day, resuming around 6 a.m. Thursday, according to a flight safety watchdog

India set for record wheat harvest after favourable weather boosts yield

India, the world's second-largest wheat grower, is set for a record harvest as favourable weather and absence of major crop damage boosted yields, says a top official from a state-run institute

Why China's J-10C fighter jets should be a concern for US and Taiwan

US still leads in military aircraft, outnumbering several nations combined, but much of its fleet is ageing as China's air force rapidly expands, according to World Air Forces 2025 report

Trump stages another Oval Office ambush, lecturing South Africa's Ramaphosa

Trump has objected to a land bill that Ramaphosa signed late last year that will make it easier for the government to expropriate private property if it's in the public interest

Google co-founder Sergey Brin gives away shares worth $700 million as gift

Brin and co-founder Larry Page, who stepped down from top management roles in 2019, saw their fortunes rise by a combined $7 billion on Wednesday