Philippine and Chinese Foreign Ministers Clash Over South China Sea Incident
The foreign ministers of the Philippines and China exchanged heated protests over a recent clash in the South China Sea. The incident occurred at Second Thomas
Business
Tesla and Alphabet Shares Plummet on AI Spending Concerns
Tesla and Alphabet shares slumped in pre-market trading on Thursday after both companies indicated increased spending on artificial intelligence investments. Th
TotalEnergies Profit Soars 68% Amid Energy Market Turmoil
TotalEnergies SE reported a significant increase in its second-quarter profit as the ongoing war disrupted global energy markets. The company's financial result
EU Regulators Prepare Record Fine for Google
Brussels is set to impose a potentially massive fine on Google under the EU's Digital Markets Act. The tech giant could face the largest penalty yet under this
Lime's Ebike Finances Exposed
Lime, a US micro-mobility firm, launched its ebikes and e-scooters in Canberra in April, having invested nearly $2 million beforehand. The company brought 1,500
Nasdaq to Speed Up Listings for Small Companies
Nasdaq Inc. will change its rules to facilitate faster listings for small businesses after the SEC approved the new regulation. The change aims to make it easie
Asian Chip Stocks Surge on Alphabet's AI Boost
Asian semiconductor stocks rose as Alphabet Inc.'s planned spending revived momentum in the AI sector. Shares of chipmakers in the region climbed on the news. T
UK Heat Wave of June 2026 Costs Economy Over £1 Billion, Study Finds
On June 26, 2026, scorching temperatures swept across London and much of the United Kingdom, breaking long‑standing June heat records. Researchers from Grant ha
Russia's Businesses Hit by Ukraine's Wildberries Attacks
Ukrainian drones struck several Wildberries warehouses in Russia, causing damage and disrupting the country's largest online retail platform. The attacks occurr
Tesla's Profits Plummet as Research Spending Soars
Tesla, the electric car company led by Elon Musk, reported a decline in profits for the last quarter. The company, known for its innovative technology, has been
Stock Futures Decline as Earnings Season Continues
Investors are weighing fresh earnings reports and concerns over AI spending as the second-quarter earnings season unfolds. Futures on US stocks slipped on Wedne
Trump Calls for 100% Tariffs on Generic Drugs, AI Talks Loom Ahead of China Visit
President Donald Trump announced a plan to impose a full‑rate tariff on all generic pharmaceuticals beginning in 2028. The proposal was unveiled during a press