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Trump’s top economic advisor struggles to calm markets after tariff-driven turmoil

WORLD

Trump’s top economic advisor struggles to calm markets after tariff-driven turmoil

Trump’s top economic adviser Stephen Miran failed to reassure bond investors rattled by tariff-driven market turmoil, with many finding his responses incoherent and lacking clarity.

How China's e-commerce industry is fending off Trump's tariffs

WORLD

How China's e-commerce industry is fending off Trump's tariffs

Chinese e-commerce businesses are adapting to Trump’s steep tariffs by shifting markets, raising prices, and doubling down on resilience to sustain their global ambitions.

How Trump’s revolution is reshaping the global order — and why it may be hard to reverse

WORLD

How Trump’s revolution is reshaping the global order — and why it may be hard to reverse

Trump’s dismantling of global alliances, trade systems, and US institutions may cause lasting shifts in world order that future leaders could struggle to reverse.

Adidas warns of price hikes and stalled growth due to Trump’s new tariffs

WORLD

Adidas warns of price hikes and stalled growth due to Trump’s new tariffs

Adidas has warned that US tariffs will raise sneaker prices and halted its growth outlook despite record Q1 profits, citing ongoing trade uncertainty.

Inside Ukraine’s drone strategy as US support wavers

WORLD

Inside Ukraine’s drone strategy as US support wavers

As US support wavers, Ukraine is relying on an expanded domestically-built drone program to sustain its defence against Russia and adapt to a changing battlefield.

How the Catholic church selects a new pope: Inside the Vatican's secret conclave

WORLD

How the Catholic church selects a new pope: Inside the Vatican's secret conclave

The Vatican's May 7 conclave will adhere to centuries-old traditions to choose a new pope, with cardinals casting ballots in secret until white smoke announces the historic choice.

Trump’s tariff blitz sparks worst 100-day stock market drop since Gerald Ford

WORLD

Trump’s tariff blitz sparks worst 100-day stock market drop since Gerald Ford

Trump’s second term begins with a 7.2% market drop—the worst since 1974—driven by chaotic tariff policies, investor pullback, and tumbling tech stocks.

Coca-Cola sales dip globally as Trump’s foreign policies trigger consumer backlash

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Coca-Cola sales dip globally as Trump’s foreign policies trigger consumer backlash

Boycotts in Denmark, Mexico, and among US Hispanics linked to Trump’s hardline immigration and trade stances are denting Coke’s sales and brand image

China’s factories falter as Trump’s tariffs hammer export orders and manufacturing

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China’s factories falter as Trump’s tariffs hammer export orders and manufacturing

Trump’s tariffs have triggered a sharp slowdown in China’s manufacturing and exports, with factory activity contracting for the first time in over a year.

Huawei launches AI chip cluster to rival Nvidia amid escalating US export curbs

WORLD

Huawei launches AI chip cluster to rival Nvidia amid escalating US export curbs

Huawei has begun selling a powerful AI chip cluster to Chinese clients, positioning it as a costly but viable Nvidia alternative amid US export bans.

Samsung warns US tariffs and export curbs will dampen chip and smartphone demand

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Samsung warns US tariffs and export curbs will dampen chip and smartphone demand

Samsung warns that US tariffs and export controls will dampen demand for its chips and smartphones, as AI chip sales to China slump and trade risks rise.

Conservative hopes for a post-Francis papacy face realities of Vatican power dynamics

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Conservative hopes for a post-Francis papacy face realities of Vatican power dynamics

Following Pope Francis’s death, conservative Catholics are hoping for a traditionalist successor. However, Vatican insiders and experts cited by The Washington Post say such a shift remains highly improbable.

Trump optimistic about trade deal with India, says tariff talks 'going great'

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Trump optimistic about trade deal with India, says tariff talks 'going great'

President Trump said tariff talks with India are progressing well, with a potential deal on the horizon. The US temporarily suspended additional tariffs on Indian exports, as trade talks continue towards a September-October deadline.

Trade war: Corporate forecasts pulled as tariff uncertainty rattles U.S. and European firms

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Trade war: Corporate forecasts pulled as tariff uncertainty rattles U.S. and European firms

Major U.S. and European companies, including GM, JetBlue and Snap, are withdrawing earnings forecasts due to tariff-related uncertainty, citing unpredictable trade policies under President Trump as a key challenge.

Starbucks stock drops as sales lag despite CEO's optimism on turnaround plan

WORLD

Starbucks stock drops as sales lag despite CEO's optimism on turnaround plan

Starbucks shares fell 6% after reporting weaker-than-expected earnings and a fifth straight quarter of same-store sales declines, despite CEO Brian Niccol highlighting early progress in the company’s turnaround plan.

The OpenAI-Microsoft split: How a former powerful partnership is coming apart

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The OpenAI-Microsoft split: How a former powerful partnership is coming apart

The once-powerful OpenAI-Microsoft partnership is unravelling amid rising tensions over computing power, intellectual property, and the race toward humanlike AI.

Trump administration crackdown on leaks produces climate of fear in national security agencies

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Trump administration crackdown on leaks produces climate of fear in national security agencies

The Trump administration’s crackdown on leaks through polygraphs, firings, and surveillance has created a climate of fear and weakened independence across U.S. national security agencies.

Massive blackout disrupts Spain and Portugal, stranding thousands and leaving millions without power

WORLD

Massive blackout disrupts Spain and Portugal, stranding thousands and leaving millions without power

A massive blackout hit Spain and Portugal, stranding thousands, halting train services, and disrupting phone and internet access. Authorities are investigating the cause, with power gradually restored by Tuesday.

Pahalgam terror attack: Nawaz Sharif advises brother Shehbaz to avoid war with India

WORLD

Pahalgam terror attack: Nawaz Sharif advises brother Shehbaz to avoid war with India

Nawaz Sharif advises Prime Minister Shehbaz Sharif to resort to diplomacy and avoid a military conflict with India. Tensions between the two countries have worsened after the Pahalgam terror strike

Peter Navarro’s role in Trump’s tariff-driven economic gamble

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Peter Navarro’s role in Trump’s tariff-driven economic gamble

Peter Navarro, once imprisoned for contempt of Congress, now wields major influence in Trump’s second term, driving aggressive tariff policies that economists warn could severely damage the US economy.

Magnificent Seven’s sharp losses test US stock market’s strength

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Magnificent Seven’s sharp losses test US stock market’s strength

The Magnificent Seven tech giants, once driving the market's rally, are now dragging it down after sharp losses in 2025 amid AI competition, trade tensions, and company-specific setbacks.

Meta's AI chatbots raise controversy about sexualised content and interactions with minors

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Meta's AI chatbots raise controversy about sexualised content and interactions with minors

Meta's AI chatbots, which aim to make digital companions trendy, have raised significant ethical issues after experiments demonstrated that they had sexually explicit chats with minors even though there were internal cautions.

Huawei's new AI chip aims to take on Nvidia's stranglehold despite US restraints

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Huawei's new AI chip aims to take on Nvidia's stranglehold despite US restraints

Huawei is set to test its most powerful AI chip yet, aiming to challenge Nvidia’s dominance as US restrictions push China to accelerate its semiconductor self-sufficiency.

Trump’s trade war divides Europe’s far-right parties as economic fallout grows

WORLD

Trump’s trade war divides Europe’s far-right parties as economic fallout grows

Trump’s trade war is dividing Europe’s far-right parties, forcing them to balance loyalty to his MAGA movement with the economic risks his tariffs pose to their own countries.

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