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Business

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AI boom propels Nvidia to historic market cap milestone
AI boom propels Nvidia to historic market cap milestone

SAN FRANCISCO, California: Nvidia, the Silicon Valley chipmaker at the heart of the artificial intelligence boom, this week briefly...

AI saves $500 million for Microsoft as layoffs reshape strategy
AI saves $500 million for Microsoft as layoffs reshape strategy

REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...

FTC’s rule to ease subscription cancellations struck down by court
FTC’s rule to ease subscription cancellations struck down by court

WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes
Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...

Ex-UK PM Sunak takes advisory role at Goldman Sachs
Ex-UK PM Sunak takes advisory role at Goldman Sachs

NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...

Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets
Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets

LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...

World

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Xinhua Commentary: Now is time to broaden path of practical China-Australia cooperation
Xinhua Commentary: Now is time to broaden path of practical China-Australia cooperation

Over the past three years, China-Australia relations have steadily stabilized, improved and delivered tangible results through joint...

Ashes to ashes: Syrian farmers confront charred future after wildfire devastation
Ashes to ashes: Syrian farmers confront charred future after wildfire devastation

by Hummam Sheikh Ali QASTAL MAAF, Syria, July 12 (Xinhua) -- Rifaat Ismail's shoes sink into the ash where olive groves once flourished....

EU chief slams Trump tariff threat, pledges retaliation if required
EU chief slams Trump tariff threat, pledges retaliation if required

Imposing 30 percent tariffs on EU exports would disrupt essential transatlantic supply chains, to the detriment of businesses, consumers,...

Donald Trump announces 30% import tariffs on EU and Mexico over trade and border issues
Donald Trump announces 30% import tariffs on EU and Mexico over trade and border issues

Washington [US], July 12 (ANI): US President Donald Trump on Saturday announced a 30 percent tariff on goods from Mexico and the European...

Operation Baam marks major expansion of Baloch armed resistance, says activist
Operation Baam marks major expansion of Baloch armed resistance, says activist

London [UK], July 12 (ANI): Following the extensive 'Operation Baam' conducted by the Baloch Liberation Front (BLF), Baloch political...

US Treasury reports surprise surplus
US Treasury reports surprise surplus

The gains are largely driven by President Donald Trumps tariff hikes, which pushed customs duty collections to record highs The US...