Uber-backed Lime rides IPO wave to $1.7 billion valuation in Nasdaq debut
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· Reuters
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Newest first · UTC+11:00Microsoft partners with Singapore's Lightstorm to build India-Southeast Asia undersea cable
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· Reuters
Sony to end discs for new PlayStation releases as gaming shifts online
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· Agence France-Presse
SK Hynix to spend $64 billion on chip plants under broader AI-driven investment plan
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· Reuters
‘WB upgrade must help wage earners’
THE government on Thursday said the country’s reclassification by the World Bank as an upper-middle-income economy would create more jobs, attract investments and expand opportunities for Filipinos, but labor groups challenged it to show that the newly attained status would benefit ordinary Filipinos by supporting h…
· Kristina Maralit, William B. Depasupil, Catherine S. Valente
Joy and trepidation in a nation turning 250
Madeline Capodilupo poses for a photo at a farmers market in Bedford, N.H., Tuesday, June 30, 2026. (AP Photo/Holly Ramer)
· Calvin Woodward
Yen jumps into 160 range for 1st time in 2 weeks on intervention fears
Comments by a South Korean currency official have added to speculation about coordinated action by Japanese authorities following the yen's surge against the U.S. dollar. (Photo by Akira Kodaka)
· Staff Writer
Tesla sales surpass expectations for second quarter as Musk backlash seems to cool
Strong figures suggest Tesla’s auto business is regaining momentum after two straight annual sales declines
· Reuters
US job growth falters, testing Trump’s Republicans ahead of midterm election
Total nonfarm payroll employment grew by 57,000 in June – well below forecasts – amid rising inflation and wage stagnation
· Agence France-Presse
US job growth falters, testing Trump’s Republicans ahead of midterm election
Total nonfarm payroll employment grew by 57,000 in June – well below forecasts – amid rising inflation and wage stagnation
· Agence France-Presse
Ramaphosa heads to Kinshasa as Africa rallies behind DRC’s Ebola fight
South African President Cyril Ramaphosa arrived in Kinshasa on Thursday for a high-level African Union solidarity mission aimed at reinforcing continental support for the Democratic Republic of the Congo's response to its latest Ebola outbreak. The visit underscores growing regional efforts to contain the virus, str…
· AfricaNews
Elon Musk’s Tesla shocks Wall Street with record sales — but shares still tumble
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· Reuters
It kills two-thirds of lifetime users – so why is smoking cool again?
Australian nicotine consumption is on the rise, the illegal tobacco trade is booming and cigarettes have returned to pop culture – and experts are worried
Starmer is leaving Burnham with a massive bill for defence. But why the war fever?
If you were to only listen to the BBC and read the Daily Telegraph, you might believe that Britain was facing an imminent invasion that only a full switch to a war economy could prevent.
· Middleeasteye
Celtics ‘were done’ with Jaylen Brown before shocking 76ers trade
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· Matt Ehalt
Financial watchdog set to punish MBK Partners over Homeplus management
SEOUL, July 2 (Yonhap) -- The country's financial watchdog on Thursday reportedly decided to discipline MBK Partners Ltd. over its management of Homeplus Co., the struggling retailer the private equity firm wholly owns.
· Woo Jae-yeon
Spanish government blacklists Palantir – media
The Spanish government is ordering state-backed companies to cut their ties with US defense contractor Palantir, Spain’s El Confidencial newspaper has reported. The move follows similar bans in France and Germany.
· RT
Birmingham University weakens restrictions on investing in arms companies
The University of Birmingham has significantly weakend its restrictions on investing in weapons companies, Middle East Eye has learnt.
· Middleeasteye
Asahi Kasei to build Taiwan processing plant for AI chip material
Asahi Kasei's Sunfort photoresist film is used to transfer circuit patterns onto semiconductor package substrates. (Asahi Kasei)
· Staff Writer
US ban on Chinese inverters would harm local power industry, firms warn
America’s need for inverters is growing amid a boom in renewable energy demand driven by the AI race – and China is the dominant global supplier
· Xiaofei Xu
US ban on Chinese inverters would harm local power industry, firms warn
America’s need for inverters is growing amid a boom in renewable energy demand driven by the AI race – and China is the dominant global supplier
· Xiaofei Xu
US government would get 5% stake in OpenAI under Sam Altman proposal: report
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· Ariel Zilber
'Something Has Gone Completely Wrong': Palantir's Alex Karp Goes Ballistic On OpenAI, Anthropic
On Wednesday, Palantir CEO Alex Karp delivered a blistering critique of frontier AI labs, accusing them of having an "effing insane" business model that leaves enterprises paying escalating token costs for limited value while risking their proprietary data and intellectual property. He said that top AI labs such as …
· Tyler Durden
Japan's annual tax intake tops $520bn to reach record high
Japan's tax revenue topped 80 trillion yen for the first time in the last fiscal year, beating the government's forecast. (Photo by Akira Kodaka)
· Staff Writer
Kallas proposes new Russia sanctions after massive strikes in Kyiv
The European Union will sanction Russian military producers involved in the deadly attack on Kyiv Thursday morning, the bloc’s foreign policy chief Kaja Kallas announced on X.
· Daria Zakharova
US employers added just 57,000 new jobs in June, lower than expected
The country’s unemployment rate dropped slightly to 4.2% as US job growth also slowed for the month
· Gaya Gupta
Egg Producers Reach State And Federal Settlement Over Price-Fixing Allegations
Authored by Bryan Hyde via American Greatness,
· Tyler Durden
Why has Trump refused to renew the USMCA, and what will that mean?
The United States has announced that it will not renew a trilateral trade agreement covering $1.6 trillion of trade between the US, Mexico and Canada, one day before the agreement was due for its first joint mandatory review.
· Edna Mohamed
UAE doubles size of sovereign retail T-sukuk offering as orders hit Dh445m | The National
The UAE's sovereign retail T-sukuk attracted orders worth Dh445 million ($121 million), with the size of the offering doubling to Dh100 million on strong demand, the Ministry of Finance said.
· The National
Sumitomo-backed Phoenix Tailings taps Asia to strengthen US rare-earth ambitions
Phoenix Tailings, backed by Sumitomo's Presidio venture arm and Yamaha Motor Ventures, is building a rare earths midstream processing plant and aims to begin operations in 2028. (Phoenix Tailings)
· PAK YIU
Syrian Air seeks transformation as Qatari investment set to double fleet | The National
State-owned Syrian Air will double its fleet to six planes before the end of the year thanks to Qatari investment, the company’s director general told The National, as the post-Assad government privatises some of the country’s bloated public enterprises.
· Khaled Yacoub Oweis
US employers add 57K jobs in June as hiring continues at a healthy clip – though rate-cut hopes fall
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· Taylor Herzlich
Initial Jobless Claims Continue To Signal No Labor Market Stress
The number of Americans filing for unemployment benefits for the first time dipped last week to 215k (218k exp), continuing to show labor market resilience in the face of slumping sentiment.
· Tyler Durden
U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2%
The U.S. economy saw job creation cool sharply heading into the summer, the Bureau of Labor Statistics reported Thursday.
· Jeff Cox
Dave Portnoy has outlandish NSFW reaction to Celtics adding Paul George in shocking Jaylen Brown trade
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· Erich Richter
When and how will China ease capital controls?
While China has reasons to maintain capital controls, the recent crackdown on three Hong Kong brokerages is not meant to discourage mainland outbound investment
· Lawrence J. Lau
When and how will China ease capital controls?
While China has reasons to maintain capital controls, the recent crackdown on three Hong Kong brokerages is not meant to discourage mainland outbound investment
· Lawrence J. Lau
Futures On Edge As Sliding Chips Spark Another Korea Crash, Payrolls On Deck
US equity futures have reversed all overnight losses which were driven by the latest crash in South Korean stocks, which plunged 8% and closed at LOD, driven by a plunge in memory stocks. Still, the Nasdaq is still lower with tech stocks depressed on news that Sam Altman's OpenAI is seeking to offer a 5% stake to Tr…
· Tyler Durden
Burnham meets trade union leaders in bid to shore up support
Andy Burnham is meeting the leaders of the trade unions which help fund the Labour Party, as he looks to shore up support ahead of his expected premiership.
· Bbcnews
Works of ‘civic generosity’: NSW architecture awards winners 2026 – in pictures
View image in fullscreenCentral stationThe revamp of Sydney’s Central station has taken out top honours at the Australian Institute of Architects’ 2026 NSW architecture awards. The station is one of several significant projects that collected awards on Thursday, including the new Sydney fish market and the city’s so…
Meta’s push into cloud computing means Wall Street has to prepare for lower margins
Meta CEO Mark Zuckerberg appears poised to make a big bet on a potentially big market, but one that commands much slimmer margins than his company's dominant online ad business.
· Jonathan Vanian
ADCB banking services disrupted due to system maintenance | The National
Banking services of Abu Dhabi Commercial Bank, the third-largest lender in the UAE by assets, were affected on Thursday due to what the bank described as the “essential system maintenance”.
· The National
Energy security: Heat waves test Africa's power grids [Business Africa]
Climate change is turning up the heat — literally. Across the continent, rising temperatures are driving a surge in demand for cooling and water, pushing already fragile electricity grids to the breaking point.
· AfricaNews
Finance Minister Katayama says G7 will discuss AI defense standards
The Group of Seven nations will discuss standards on artificial intelligence security and defense, Finance Minister Satsuki Katayama has said.
· No Author
Sam Altman's OpenAI Discusses Handing Trump Admin A 5% Stake
The U.S. government's equity portfolio could be expanding again, this time with a potential 5% stake in Sam Altman's OpenAI at an $852 billion valuation, according to a new report. The proposed stake would mark another step toward taking direct financial positions in tech giants. For OpenAI, buy-in from the Trump ad…
· Tyler Durden
Brookfield wants to build AI data centers in London’s answer to Wall Street
Brookfield Asset Management wants to bring data centers to London's Canary Wharf, the financial district often dubbed the "U.K. Wall Street," CEO Connor Teskey told CNBC on Thursday.
· Hugh Leask
Hong Kong’s box office takings for first half of 2026 up 25% year on year
Comedy film Night King, starring Dayo Wong and Sammi Cheng, emerges as highest-grossing movie over six-month period
· Ambrose Li
Hong Kong’s box office takings for first half of 2026 up 25% year on year
Comedy film Night King, starring Dayo Wong and Sammi Cheng, emerges as highest-grossing movie over six-month period
· Ambrose Li
China says talks with EU planned as two sides seek better balance
A member of European Commission, left, prepares to exchange documents with Chinese delegation at a signing ceremony after the 5th China-EU High Level Economic and Trade dialogue at Diaoyutai State Guest House in Beijing, on Sept. 28, 2015. (AP Photo/Andy Wong, File)
· Chan Ho Him
German coalition leaders strike tax reform deal to reverse steep popularity losses
BERLIN — German Chancellor Friedrich Merz on Thursday announced a coalition agreement to cut taxes for low- and middle-income earners and advance a broader package of economic reforms aimed at reviving his country's stagnant economy.
· Nette Nöstlinger