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The US widened the scope of its airstrikes on Iran overnight, as President Donald Trump and officials in Tehran signaled a renewal of peace talks is unlikely in the near-term.

Generic drug manufacturers must move production to the US or face a 100% import duty from August 2028, President Donald Trump said, threatening the supply of low-cost medicines that millions of Americans rely on.

Moonshot AI is preparing to begin discussions in August on a final round of fundraising before listing in Hong Kong, capitalizing on the excitement around its latest model to raise capital at a valuation of as much as $50 billion.

Mercedes-Benz Group AG is pushing to water down a proposed law that would ban the company from the US over its partial Chinese ownership, according to people familiar with the matter, the latest flashpoint in wrangling over how the US will respond to the global expansion of China’s auto industry.

Europe’s status as the planet’s fastest-warming continent is becoming a serious drag on its economic prospects.

The Trump administration is set to impose a fresh 50% tariff on some Canadian goods under a never-before-used legal provision, citing what it said was unfair treatment by Ottawa of American alcohol, automobile and dairy products.

Crowds rushed to an obscure corner of China’s premier tech summit, moving past monumental booths from Alibaba Group Holding Ltd. and Tencent Holdings Ltd. to catch a glimpse of the hottest name in domestic AI.

China Civil Engineering Construction Corp. has won a contract to build a $2.7 billion railway project that’s part of a network that will connect the East African nation to some of its landlocked neighbors.

Moonshot AI has told investors it’s preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China’s burgeoning capabilities and sent global tech stocks reeling.

The European Central Bank will probably pause to assess inflation next week before delivering a final interest-rate hike in September, economists say.

Das Institut für Höhere Studien (IHS) hat am Donnerstag seine neue Mittelfristprognose bis ins Jahr 2030 präsentiert. Per anno ist lediglich mit einem Wirtschaftswachstum von durchschnittlich einem Prozent zu rechnen. Das ist deutlich weniger als in den letzten Jahren.

Federal Reserve Chairman Kevin Warsh pushed back on commentary that surging investment into artificial intelligence is stoking inflation, saying the boom won’t necessarily lead to persistent price pressures.

Deaths from Ebola doubled in just over two weeks in the Democratic Republic of Congo, where many infected people aren’t reaching care, allowing the virus to spread through communities in what the World Health Organization describes as the fastest-growing outbreak it has managed.

China’s economy slowed more than expected last quarter to the weakest in more than three years, raising pressure on policymakers to speed up public spending to ensure their annual growth goal is met.

A key metric of China’s inflation turned positive for the first time in three years as a jump in oil prices put an end to a record streak of deflation.

The European Central Bank is keeping a close eye on energy costs after renewed Middle East fighting increased geopolitical uncertainty again, Governing Council member Joachim Nagel said.

Im Iran-Krieg ist weiterhin keine Entspannung der Lage abzusehen. Die US-Armee griff am Mittwoch die vierte Nacht in Folge Ziele im Iran an. Teheran führte daraufhin Angriffe auf US-Ziele in Kuwait, Jordanien und Bahrain aus. US-Präsident Donald Trump drohte dem Iran indes mit Angriffen auf die zivile Infrastruktur des Landes.

US consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little changed, taking some pressure off the Federal Reserve to raise interest rates.

Federal Reserve Chairman Kevin Warsh said policymakers at the central bank have no tolerance for high inflation, reiterating a vow to tame price growth that has been elevated for five years.

Bond traders ramped up bets for a July interest-rate hike ahead of US inflation data and an appearance by the head of the Federal Reserve that stand to reinforce the need for action.

Federal Reserve Chairman Kevin Warsh said slowing inflation in June doesn’t mean it’s mission accomplished — and for the first time since taking office he hinted at how the central bank may eventually have to respond.

Volkswagen AG Chief Executive Officer Oliver Blume outlined a plan to eliminate as many as 50,000 more jobs globally as he attempts a far-reaching overhaul to reduce costs at Europe’s biggest carmaker.

Anthropic and OpenAI’s warnings about “adversarial distillation” are reinvigorating one of the oldest debates in Silicon Valley.

President Donald Trump said the US would reinstate its blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement on all other cargo shipped through the waterway.

Growth in the euro zone is set to be weaker this year than previously predicted after hostilities in the Middle East resumed, economists say.

Taiwan Semiconductor Manufacturing Co. reported quarterly sales rose 36%, meeting high expectations and signaling global demand for AI hardware remains intact.

German Chancellor Friedrich Merz reinforced a call for dialogue with China to address concerns that the world’s second-largest economy is shoring up an unfair trade advantage by keeping its currency artificially low.

Iran said Saturday that it’s closing the Strait of Hormuz “until further notice” and won’t allow any vessels to pass through until foreign interference ends, according to state-run IRIB News.

South Korean memory chipmaker SK Hynix Inc. just pulled off the largest public listing by a foreign company in US market history. Shares soared 13% on their first day of trading.