Apple regains top spot as world’s most valuable company
Apple regained world’s top spot with $4.88 trillion valuation, overtaking Nvidia which saw a 3.5% market value drop.
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IEA chief warns Strait of Hormuz crisis threatens global energy security
Fatih Birol says ‘oil security is still a critical issue’ and world should be ‘worried’ if situation does not improve.
How three Ivorian firms are competing with global brands
Homegrown firms are gaining ground in Ivory Coast’s fuel, finance and cosmetics sectors.
US to impose new 25 percent tariffs on some Brazilian imports
Beef, coffee and rare-earth materials escaped US tariffs amid trade tensions with Brazil over alleged unfair practices.
xAI sues user for exploiting AI tool to sexualise minors
Lawsuit accuses Terry Harwood of misusing xAI to bypass safeguards and produce explicit deepfakes involving minors.
Authors, publishers sue Google over alleged AI copyright infringement
Hachette and Elsevier lead US legal action against Google, alleging misuse of books for Gemini AI model training.
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How US-Iran escalation will test Iraq’s balancing act
The Iraqi PM visited the White House to deepen economic ties, as Iraq-based allies of Iran threatened to fight the US.
New York imposes landmark one-year ban on large data centres
Data centre moratorium pushes have gained steam around the US, with bans proposed in at least a dozen states.
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‘Piracy’: Will Trump’s 20 percent Hormuz toll find takers?
Trump says the US will start charging a cargo fee for ships passing through the Strait of Hormuz.
US consumer prices drop in June as energy costs tumble
Inflation eased due to cheaper energy, but experts warn price increases may return after renewed US-Iran tensions.
Hundreds of experts warn the world must prepare now for AI’s impact
More than 200 economists and AI researchers call on leaders to immediately prepare for sweeping economic disruption.
