Trump’s 30% tariff letter leaves EU scrambling to bring U.S. on side
European Union leaders have said they are still working towards reaching a negotiated solution with the U.S.
Category: Business
‘To be free in this world, you must be feared’: France’s Macron calls for defense spending boost
Macron called for a 3.5 billion-euro hike in defense spending next year and for another 3 billion-euro boost in 2027.
Aviation authority says Boeing fuel switches are safe during crash probe
A preliminary investigation found the switches had been turned off in June’s fatal Air India crash.
Musk says he does not support a merger between Tesla and xAI but backs investment
Elon Musk owns X, xAI and Tesla and is contemplating the future business relationship between them all.
Don’t vilify Air India crash crew: Indian pilots’ association
Earlier, India’s aviation minister said not to jump to conclusions and another pilots’ group criticised the report.
Chinese car brands are rapidly making inroads in Europe’s EV utopia
From the first delivery of an MG in January 2020, Chinese EV brands have since gone onto capture a combined…
Singapore’s economy grows 4.3% in second quarter, beating expectations
The advance figure was higher than the 3.5% forecasted by economists polled by Reuters.
China’s ‘instant commerce’ price war sees $0.30 drinks and billions in subsidies doled out
China’s ‘instant commerce’ sector is experiencing a cut-throat price war with companies launching massive subsidy programs and other promotions.
In rare earth metals power struggle with China, old laptops, phones may get a new life
As rare earth supply chains are disrupted by tariffs and other trade barriers with China, e-waste recycling is growing as…
SA police minister suspended over organised crime allegations
Senzo Mchunu – who denies the claims – has been put on an immediate “leave of absence” by President Cyril…
Google DeepMind Releases GenAI Processors: A Lightweight Python Library that Enables Efficient and Parallel Content Processing
Google DeepMind recently released GenAI Processors, a lightweight, open-source Python library built to simplify the orchestration of generative AI workflows—especially…
Children fetching water killed in Israeli strike in Gaza, emergency officials say
The Israeli military said there had been a “technical error” with a strike targeting a “terrorist” and it was under…
Trump says EU and Mexico face 30% tariff from August
The US president warned both trading partners would face additional tariffs if they retaliated.
Trump announces 30% tariffs on EU and Mexico, starting Aug. 1
President Donald Trump has sent similar letters to 23 other U.S. trading partners this week, including Canada, Japan and Brazil.
Why cockpit audio deepens the mystery of Air India crash
Fuel cut-off switches flipped seconds after takeoff in Air India crash, preliminary report finds.
Moonshot AI Releases Kimi K2: A Trillion-Parameter MoE Model Focused on Long Context, Code, Reasoning, and Agentic Behavior
Kimi K2, launched by Moonshot AI in July 2025, is a purpose-built, open-source Mixture-of-Experts (MoE) model—1 trillion total parameters, with 32 billion…
BBC correspondent explains the role of fuel switches
The BBC’s Theo Leggett explains that the two switches were moved which caused the crash
From Perception to Action: The Role of World Models in Embodied AI Systems
Introduction to Embodied AI Agents Embodied AI agents are systems that exist in physical or virtual forms, such as robots,…
This AI Paper Introduces PEVA: A Whole-Body Conditioned Diffusion Model for Predicting Egocentric Video from Human Motion
Understanding the Link Between Body Movement and Visual Perception The study of human visual perception through egocentric views is crucial…
Advanced fine-tuning methods on Amazon SageMaker AI
This post provides the theoretical foundation and practical insights needed to navigate the complexities of LLM development on Amazon SageMaker…
Implement user-level access control for multi-tenant ML platforms on Amazon SageMaker AI
Managing access control in enterprise machine learning (ML) environments presents significant challenges, particularly when multiple teams share Amazon SageMaker AI…
Nvidia’s Jensen Huang sells more than $36 million in stock, catches Warren Buffett in net worth
Nvidia CEO Jensen Huang has caught up to Berkshire Hathaway’s Warren Buffett in net worth, according to analysis from Fortune…
Ukraine to receive US air defence systems, says Trump
The US president said he will send weapons to Nato, which he said would pay and then give the weapons…
Tesla to officially launch in India with planned showroom opening
Tesla has had its eye on India for a while, and the automaker has now stepped up efforts to launch…
Iran could recover some enriched uranium after US strikes – Israeli official
The US has insisted that Iran’s nuclear facilities were completely ‘obliterated’ during strikes in June.
U.S. tariffs take center stage but China and the EU are quietly clashing
Trade tensions between the Beijing and Brussels have long been simmering, but now appear to be heating up.
Norway’s Tesla obsession defies Europe’s Musk backlash
Tesla continues to find solace in EV-friendly Norway despite a sustained sales slump across the rest of Europe.
Mistral AI Releases Devstral 2507 for Code-Centric Language Modeling
Mistral AI, in collaboration with All Hands AI, has released updated versions of its developer-focused large language models under the…
UK economy contracts again in May, missing expectations for slight rebound
Growth figures came in worse than many economists anticipated.
Trump threatens 35% tariffs on Canadian goods
Trump also threatened blanket tariffs of 15% or 20% on most trade partners, and said he will soon announce new…
Microsoft Releases Phi-4-mini-Flash-Reasoning: Efficient Long-Context Reasoning with Compact Architecture
Phi-4-mini-Flash-Reasoning, the latest addition to Microsoft’s Phi-4 model family, is an open, lightweight language model designed to excel at long-context…
Trump announces 35% tariffs on Canada starting Aug. 1
U.S. President Donald Trump announced a 35% tariff on Canadian imports, starting Aug. 1, over the country’s role in fentanyl…
CNBC’s Inside India newsletter: The price of FOMO — India’s options market faces a reality check
India’s derivatives boom is a remarkable story of financial inclusion and technological scale. But scale alone isn’t a success metric.
White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation
President Donald Trump has repeatedly called on Federal Reserve Chairman Jerome Powell to slash interest rates.
NVIDIA AI Released DiffusionRenderer: An AI Model for Editable, Photorealistic 3D Scenes from a Single Video
AI-powered video generation is improving at a breathtaking pace. In a short time, we’ve gone from blurry, incoherent clips to…
Russia’s intensifying drone war is spreading fear and eroding Ukrainian morale
Ukraine is in danger of being overwhelmed by deadly strikes as Russia sends in swarms of drones.
New capabilities in Amazon SageMaker AI continue to transform how organizations develop AI models
As AI models become increasingly sophisticated and specialized, the ability to quickly train and customize models can mean the difference…
Use K8sGPT and Amazon Bedrock for simplified Kubernetes cluster maintenance
As Kubernetes clusters grow in complexity, managing them efficiently becomes increasingly challenging. Troubleshooting modern Kubernetes environments requires deep expertise across…
Pentagon to become largest shareholder in rare earth miner MP Materials; shares surge 50%
Interior Secretary Doug Burgum said in April the Trump administration was considering equity investments in critical mineral producers to compete…
The three energy topics on everyone’s lips at the OPEC seminar
Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in Vienna.
Mining firms power UK stocks to record high after 50% U.S. copper tariff confirmed
London-listed miners popped Thursday with the coppor market in turmoil, as investors digested better economic news from China.
Startups love the UK. Its IPO market? Not so much
The head of the London Stock Exchange warned of a “language of risk” in the U.K. — rather than a…
A Coding Guide to Scaling Advanced Pandas Workflows with Modin
In this tutorial, we delve into Modin, a powerful drop-in replacement for Pandas that leverages parallel computing to speed up…
Google AI Open-Sourced MedGemma 27B and MedSigLIP for Scalable Multimodal Medical Reasoning
In a strategic move to advance open-source development in medical AI, Google DeepMind and Google Research have introduced two new…
Trump says 50% tariff on copper will begin Aug. 1
Trump wrote on Truth Social that he made the decision after receiving a national security assessment.
Perplexity Introduces Comet—An AI-First Alternative to Traditional Browsers
Perplexity, a company already recognized for redefining how users interact with information through AI-powered search, has announced the launch of…
Trump announces 50% tariff on Brazil in retaliation for Bolsonaro trial, trade deficit
President Donald Trump said the U.S. will slap a 50% tariff on Brazil’s imports.
AWS AI infrastructure with NVIDIA Blackwell: Two powerful compute solutions for the next frontier of AI
Imagine a system that can explore multiple approaches to complex problems, drawing on its understanding of vast amounts of data,…