OpenAI needs to hit pause
One way to look at the AI giant slowing down its frontier model work because of safety concerns is that models are…
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Momentum builds for Chinese models
Several American AI startups have recently said they have used Chinese AI models in their workflows.
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Tech faces its Big Tobacco moment, but teens have already moved on
Tech companies and teens have already shifted their energies to AI.
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US Treasury to double long-term bond purchases
Yields on the longest US bond pulled back from their highest levels since 2007 after the announcement.
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Tennis' greatest battles — on the court and off
‘The Cruelest Game,’ by Matthew Futterman, details the unique psychological toll that professional tennis can take —…
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Dubai's DP World pushes ahead with $800 million Syria port
It’s the latest evidence of Syria attracting much-needed capital from the Gulf.
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Saudi firms Aramco and Maaden form a mining joint venture
Maaden and Aramco will work to survey the kingdom for copper, zinc, and other minerals.
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Africa Finance Corporation raises $430 million digital bond
The deal is the first by an African institution to be listed, traded, and settled on a regulated digital exchange.
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Namibia’s oil boom draws global energy giant Equinor
Norway’s Equinor was bought into Chevron’s deepwater block off the coast of Namibia.
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Dangote Refinery secures $1 billion underwriting ahead of IPO
The underwriting program comes from two firms, and forms part of a push towards an initial public offering this year.
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Zambia's pro-business president wins second term in controversial election
Hichilema has overseen a massive influx in foreign direct investment since taking office in 2021.
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Liberia to take 1,200 deportees from the US
Monrovia said the deal was “not a transaction with a quid pro quo.”
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Robotics giant Unitree's shares surge in Shanghai debut
China has rapidly emerged as the global leader in humanoid robots manufacturing.
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OpenAI sales growth slows, unnerving investors ahead of planned IPO
Rival Anthropic’s annualized revenue, meanwhile, topped $65 billion— up more than sevenfold from the end of last year.
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Trump delays Canada tariffs, saying trade deal is near
Washington separately said the new deal would include “economic security commitments” and digital trade “alignment.”
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BP and ADNOC to develop Venezuela gas field
The announcement from the oil giants comes as concerns over a protracted conflict in the Middle East override worries…
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US-South Korea military exercises end early
President Donald Trump linked the scale back of the drills to his plans to revive talks with North Korea, a move that…
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Middle East states prepare for a long war
The UAE cut off trade with Iran, blaming it for recent missile attacks, while Tehran reportedly took delivery of…
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White House mix-up delayed SEC crypto rule
Meanwhile, President Donald Trump will host crypto executives at the White House on Wednesday.
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Warren sends Democrats $600K for midterms
Sen. Elizabeth Warren, D-Mass., has also raised more than $1.1 million for the DNC, making her one of the committee’s…
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Another House Republican loser, and three other primary takeaways
Rep. Cory Mills became the fourth House Republican to lose his primary this year.
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Meta social media addiction trial opens
Lawsuit argues Facebook and Instagram knowingly contributed to negative health outcomes for minors.
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Baidu posts fifth consecutive revenue drop as AI bet sputters
The Chinese search giant “faces a two-pronged existential fight,” Bloomberg wrote.
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New Chinese shopper turns to prestige beauty and hamburgers
The shift reflects the tastes of a more price-sensitive and discerning consumer.
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China's ‘physical AI’ takes center stage
The World Robot Conference kicks off in Beijing on Wednesday coinciding with humanoid maker Unitree going public in…
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US, Canada hold last-minute trade talks
Ottawa is scrambling to avert new US tariffs that take effect at midnight on Wednesday.
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Oil prices rise as Trump cuts off talks with Iran
Tehran said the Strait of Hormuz would remain shut amid stalled negotiations.
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Trump nixes Iran talks as stalemate persists
On Truth Social, the president wrote that there “are no talks or conversations going on, or scheduled” with Iran.
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White House weighs how to achieve Iran’s ‘economic isolation’
Treasury Secretary Scott Bessent indicated announcements would come this week.
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Wall Street may have found its party pooper
Mark Walter is selling assets quickly to unwind a dragon’s nest of interlocking loans and resolve a Justice Department…
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US housing starts fell in July
High mortgage rates and a dire supply shortage have sidelined potential buyers.
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Tales of a plebeian 'meathead'
Robert Harris’ ‘Agrippa’ dials back the clock a few thousand years from his novel-turned-Academy Award-winning film…
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XRG enters Venezuela as it grows global gas platform
The stake in the concession adds to its portfolio of projects in Argentina, Azerbaijan, Mozambique, Turkmenistan, and…
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PIF's assets shrink by $10 billion
While little more than a rounding error in the big-spending world of sovereign wealth, it marked the first such drop…
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US reservoir water levels at their lowest in decades
Climate change has brought the northern region’s longest dry spell for at least 1,200 years.
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Kremlin silences anti-war party as domestic repression grows
A Russian court sentenced a leader of the anti-war Yabloko party to more than 11 years in a penal colony.
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