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Elon Musk has been granted a substantial compensation package from Tesla, comprising 96 million restricted shares valued at approximately $29 billion. This award aims to ensure his commitment as CEO for the next two years, particularly amid challenges such as declining global sales and ongoing legal disputes regarding prior compensation agreements. Analysts view this strategic move as a way to keep Musk focused on enhancing shareholder value, especially in the burgeoning fields of AI and related..

The escalating trade tensions between the United States and various nations, particularly India, highlight a growing economic conflict. President Trump’s intention to increase tariffs against India has sparked a strong rebuke from Prime Minister Modi, who deems the criticism as unjustified. Meanwhile, Switzerland is proactively seeking to negotiate new trade agreements to mitigate the impending tariff hikes, aiming to present a more attractive offer to the U.S. The Swiss government expresses h..

Recent developments in the cryptocurrency landscape highlight significant regulatory actions and market dynamics. U.S. President Donald Trump is poised to sign an executive order addressing claims of debanking within the crypto sector, potentially leading to investigations into antitrust violations. Concurrently, the GENIUS Act has been enacted, introducing stringent regulations for stablecoins and marking a pivotal moment for the industry. Concerns are also rising in the UK, where former Chan..

Spotify has announced an increase in its premium subscription prices across various global markets, including Europe, the Middle East, Africa, Latin America, and Asia-Pacific. Starting from September, the monthly cost for an individual subscription will rise from €10.99 to €11.99. Despite a recent earnings report that fell short of revenue expectations, leading to a stock price drop, Spotify's stock saw a 6% rise following the announcement of the price hike. This decision reflects Spotify's st..

Tim Cook has signaled a significant shift in Apple's approach to artificial intelligence, highlighting its potential to be as transformative as the internet and smartphones. During an internal meeting, he reassured employees about the company's commitment to AI investments, acknowledging past delays in adopting new technologies. Cook's recent comments reflect a determination to catch up with competitors like Google and OpenAI. He also hinted at possible acquisitions, including Perplexity, to b..

The German Minister of Economics, Katherina Reiche, has called for the elimination of internal trade barriers within the European Union, highlighting their significant impact on the economy. She estimates these barriers account for 44% of the total gross domestic product, a figure that dwarfs potential tariffs imposed by the United States. Reiche's stance is supported by economist Veronika Grimm, who emphasizes the substantial damage caused by varying regulations across the EU. The European Co..

Recent developments in the U.S. economy have sparked significant discussion surrounding President Donald Trump's tariff policies and their impacts. The latest employment data revealed a weaker-than-expected job growth in July, with only 73,000 new positions added, far below the anticipated 104,000. This sluggish performance has been partially attributed to the administration's aggressive tariff strategies, which have reportedly strained economic development and heightened market uncertainty. In..

President Donald Trump's recent imposition of tariffs has sparked significant international concern and economic repercussions. Over 70 countries face new tariffs, with rates ranging from 10% to 50%. Nations such as Brazil and Canada are particularly affected, facing tariffs of 50% and 35% respectively. The Canadian government has expressed disappointment, as these tariffs threaten economic stability and trade relations. Meanwhile, the European Union, Japan, and South Korea have negotiated lower..

Tether has emerged as a significant player in the U.S. Treasury market, with its holdings now totaling $127 billion, surpassing South Korea and ranking as the 18th largest holder globally. This impressive increase of $7 billion from the first quarter reflects Tether's robust financial health, as it reported a net profit of $4.9 billion in Q2 2025. The company’s reserves now exceed its liabilities, bolstering confidence in its USDT stablecoin. Tether's CEO, Paolo Ardoino, argues that stablecoins..

The recent earnings reports from major US tech companies underscore the significant impact of their investments in artificial intelligence (AI). Companies like Alphabet, Amazon, Apple, Meta, and Microsoft have exceeded analysts' expectations with impressive profit increases. Microsoft, following Nvidia, achieved a market capitalization of over $4 trillion, highlighting the growing importance of AI in their operations. Amazon reported a 35% increase in profits, largely driven by its cloud divi..

President Donald Trump's tariff policies have sparked significant global trade shifts, affecting numerous countries. Notably, Trump has secured a tariff deal with South Korea, reducing tariffs on car imports to 15% and fostering a $350 billion investment commitment from South Korea. In contrast, India faces a potential 25% tariff on its goods, complicating Indo-US relations despite past strategic partnerships. Brazil is subject to a hefty 50% tariff on specific goods, despite a longstanding t..

Meta has demonstrated impressive financial performance, achieving a 22% revenue increase to $47.5 billion in the second quarter of 2025. With a net profit of $18.3 billion, the company's investments in artificial intelligence (AI) are substantial, projected between $66 and $72 billion for the year. Despite these high expenditures, Meta continues to grow its user base, reporting 3.48 billion daily active users, a 6% rise from last year. The company focuses on developing 'superintelligence' and..

Recent developments in global trade highlight the aggressive stance taken by US President Donald Trump, particularly regarding tariffs imposed on various countries. Trump has aimed to leverage tariffs as a tool of pressure against nations he perceives as not aligning with US interests. For instance, he has proposed a 25% tariff on India, linked to its trade ties with Russia amid the ongoing conflict in Ukraine. This move underscores a broader strategy to penalize nations that engage with Russia..

Meta's recent quarterly results have exceeded expectations, with the company reporting a 22% increase in revenue, reaching $47.5 billion. This surge is attributed largely to increased advertising revenue and the strategic focus on artificial intelligence (AI). Meta's CEO, Mark Zuckerberg, emphasized the company's commitment to AI, highlighting its potential to enhance business performance and drive the development of personal superintelligence. Consequently, Meta's stock price saw a significant..

The FTSE-100 index has demonstrated remarkable performance this year, reaching impressive new heights. This success is largely attributed to defensive sector gains and a wave of optimism stemming from international trade agreements, particularly the recent US-Japan tariff deal. Companies like Reckitt and Lloyds Banking Group have reported strong earnings, showcasing the index's resilience. However, the majority of FTSE-100 constituents derive their earnings from abroad, which can mislead perce..

Recent trade discussions between the United States and China in Stockholm have concluded without a definitive decision regarding the extension of the current tariff pause, which is set to expire on August 12. Both nations have expressed a commitment to continue negotiations but refrained from committing to an extension at this time. US Trade Representative Jamieson Greer plans to return to Washington to consult with President Trump on the matter. Chinese Trade Representative Li Chenggang echoed..

The recent sale of Iveco's divisions marks a significant shift for the company and its stakeholders. Exor, led by John Elkann, has finalized the transfer of Iveco's defense sector to a joint venture between Leonardo and Rheinmetall. This deal not only secures contracts with the Italian Army but also generates substantial revenue for Exor. Meanwhile, Tata Motors has acquired the commercial sector, indicating a strategic move towards international collaboration. The separation of the divisions is..

The recent trade agreement between the European Union and the United States has generated significant controversy and concern throughout Europe. The deal imposes a 15% tariff on EU exports to the US, a substantial increase from previous rates. This has sparked fears of decreased competitiveness for European industries, particularly in critical sectors like automotive, pharmaceuticals, and agriculture. German automakers, for instance, face higher costs, threatening thousands of jobs and compell..

The Italian media group MediaForEurope (MFE), controlled by the Berlusconi family, has raised its bid for the German media company ProSiebenSat.1. MFE's offer now stands at 8.62 euros per share, including 4.48 euros in cash and 1.3 of its own shares. This move has sparked concerns within the German federal government about potential impacts on journalistic independence. MFE already holds a significant 30.63% stake in ProSiebenSat.1 and aims to further solidify its position. The increased offer..

Reliance Group, under Anil Ambani's leadership, is embarking on an ambitious investment plan of Rs 18,000 crore, targeting the defense, power, and clean energy sectors. This initiative has received unanimous support from the boards of Reliance Infrastructure and Reliance Power, both of which boast a nearly debt-free status and robust public shareholder backing. Key projects include the manufacturing of Falcon 2000 business jets and the establishment of maintenance and overhaul hubs in the defe..

Intel has officially canceled its plans to construct a mega-chip factory in Magdeburg, Germany. This decision is part of the company's broader strategy to improve capital returns amid significant financial losses. Originally, Intel intended to invest 30 billion euros in the project, which had been anticipated to create around 3,000 jobs in the region. The German government had also pledged approximately 10 billion euros in subsidies to support the development. However, Intel's recent financial..

The recent approval by the FCC for the sale of Paramount to Skydance marks a significant shift in the landscape of American media. This $8.4 billion deal arises from a complex backdrop involving former President Trump's legal disputes with Paramount, notably over the CBS network. To resolve these tensions, Paramount reached a $16 million settlement with Trump, a move criticized by some as a questionable compromise. Under the leadership of David Ellison, the son of billionaire Larry Ellison, Sk..