BUSINESS
OpenAI to buy AI device startup from Apple veteran Jony Ive in $6.5 billion deal
BUSINESS
Bitcoin rises to record on optimism around US regulations
WORLD
DOGE asks US Supreme Court to block access to its records
ENVIRONMENT
Global forest loss tops record as wildfires drive destruction
BUSINESS
India’s short-term bonds rally on hopes of record RBI dividend
The RBI board will meet on Friday to consider the dividend.
BUSINESS
Asian stocks gain, oil rises on Israel-Iran report
Benchmarks in Australia, South Korea and Japan all climbed, pushing a gauge of Asian shares 0.4% higher in early trade.
BUSINESS
Apple to open AI models to developers, betting that it will spur new apps
The iPhone maker is working on a software development kit and related frameworks that will let outsiders build AI features based on the large language models that the company uses for Apple Intelligence, according to people with knowledge of the matter
BUSINESS
Musk says he’s committed to being Tesla CEO for next five years
Musk plans to cut back his political spending, easing some investors' worries about the future of his most valuable company.
INDIA
India plans to spend $10 billion on homebuilt oil tanker fleet
The plan’s first phase involves purchasing 79 ships, of which 30 of them would be medium-range vessels, said sources
BUSINESS
Russian oil flows are becoming increasingly obscured
WORLD
Mauritius wants to ride a wealth boom out of its tax haven reputation
BUSINESS
Chinese smartphone exports to US plunge to lowest since 2011
BUSINESS
Jamie Dimon warns markets are underestimating geopolitical, inflation risks
Dimon said the chances of elevated inflation and stagflation are greater than people think, cautioned that America’s asset prices remain high and said that credit spreads aren’t accounting for the impacts of a potential downturn.
BUSINESS
India expects multi-phase trade deal with US as talks proceed
The final leg of the deal will likely be a comprehensive agreement that would follow once there’s approval from the US Congress, possibly concluded only next year, Indian officials familiar with the matter said.
BUSINESS
Gold edges lower as haven demand from Moody’s downgrade fades
Gold is still up by more than fifth this year, however, and is unlikely to go into a sharp decline due to the uncertainty that Trump has injected into the global economy.
BUSINESS
Chinese banks lower benchmark lending rates after easing by PBOC
The five-year rate, a reference for long-term loans including mortgages, was cut to 3.5% from 3.6%, same as expected.
BUSINESS
Asian stocks advance after rebound on Wall Street
A regional stock gauge gained 0.4% after the S&P 500 index climbed for a sixth straight day.
BUSINESS
Apple partner Hon Hai injects $1.5 billion into India unit
The Taiwan-based company said in an exchange filing on Monday that it had made the investment through its Singaporean subsidiary
WORLD
Britain’s big EU reset turns out to be just the start of talks
Starmer said an agreement to ease border checks on agri-food products would drive down prices at supermarkets and add some £9 billion ($12 billion) to annual GDP by 2040
INDIA
India readies gas power fleet to prevent summer blackouts
WORLD
Starmer makes late fishing concession to seal EU-UK deal
Starmer arrived at Lancaster House in London on Monday morning, where he is hosting European Commission President Ursula von der Leyen.
BUSINESS
Gold gets bounce from Moody’s US downgrade after big weekly drop
Gold is still up by more than one fifth this year, driven by global conflicts, US President Donald Trump’s tariff spree and inflows to exchange-traded funds.
BUSINESS
China tells officials to rein in alcohol, cigarette spending
The notice issued by the government and ruling Communist Party also covered outlays on receptions and alcohol and cigarettes, the official Xinhua News Agency said on Sunday.
MARKETS
Midpoint of Trump tariff hiatus to reveal increasingly unsettled world
Chinese consumer and industry data on Monday will be followed by purchasing manager indexes on Thursday from around the world
