On Monday afternoon, entire cities such as Madrid, Barcelona, Lisbon, and Porto just lost power, bringing everyday life — and business — to a standstill. Subway lines stopped running halfway. Traffic lights went dark. Supermarkets closed. Offices lost power. And in both countries, internet and cellular networks flickered or went down altogether.
Breaking news from London: The UK is diving into crypto regulation, and the world is waiting with bated breath. Announced at UK Fintech Week by Chancellor Rachel Reeves, the draft law proposal could change the game for how digital assets are regulated. It’s an ambitious attempt at balancing fostering innovation with protecting investors — while staying neck and neck with the U.S. approach to crypto regulation.
In a move that’s leaving the tech world stunned, Apple is taking a bold new direction: it’s shifting all U.S. iPhone production out of China and to India by 2026. This is not just a firm tweaking its business, no, this a huge transformation with the potential to remake global manufacturing.
Elon Musk is once more revolutionizing the tech world and this one is larger than ever. His AI venture, xAI Holdings, reportedly is in talks to mobilize a staggering $20 billion.
The atmosphere on Wall Street these days is a lot more serious. World investors have pulled a record $63 billion out of U.S. stocks since March, new figures from Goldman Sachs say. And the message of the withdrawal is clear as day: the world is becoming more and more apprehensive about America’s economic future.
In a stunning twist of events that no one saw coming, China has stepped back in the raging U.S.-China trade war, showing a surprising willingness to ease tensions.
Asian and European stocks closed their second week in the black, heartened by hopes that tensions between the U.S. and China are finally beginning to ease.
Roche, the largest pharma giant of Switzerland, is raising a storm with a massive $50 billion investment to increase its footprint in America over the next five years.
In a dramatic shake-up to the international solar industry, the U.S. Department of Commerce has completed sweeping tariffs on solar panel imports from Southeast Asia
The long-standing trade tensions between the United States and China have flared up again, sending ripples across world markets and generating widespread economic uncertainty.
