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ECONOMY
Elon Musk Denies Drug Use Allegations Amid Controversy from NYT Report

Elon Musk refutes claims of drug use during the Trump campaign, citing a New York Times report as false.

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ECONOMY
Global Airlines Adjust 2025 Profit Forecast Amid Trade Tensions and Supply Chain Issues

Global airlines revise 2025 profit forecasts, citing trade tensions and jet delivery delays as key challenges.

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ECONOMY
Asia's Manufacturing Activity Declines Further Amid US Tariffs and Weak Demand

Asia's factory activity declines in May, affected by US tariffs and soft demand from China, signaling economic challenges.

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ECONOMY
OPEC+ Implements Significant July Oil Output Increase Amid Price Drop

OPEC+ boosts July oil production by 411,000 barrels per day as prices fall to four-year lows.

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ECONOMY
EU Boosts Defence Spending Amid 'Tough Love' from Trump Administration

EU commits to boosting defense spending following Trump's push for NATO countries to invest more in their own security.

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ECONOMY
Trump Announces Upcoming Trade Talks with Pakistani Representatives Amid Tensions with India

Trump states that Pakistan will send representatives for trade talks as tariff tensions rise with India.

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ECONOMY
Trump Announces Doubling of Steel Import Tariffs to 50%

Trump announces a significant increase in steel import tariffs to bolster the U.S. industry and details an investment partnership with Nippon Steel.

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ECONOMY
US Courts Block Trump's Tariffs: Major Legal Setback for President's Trade Agenda

US courts have blocked President Trump's sweeping tariffs, leading to significant implications for his trade strategy and economic policy.

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ECONOMY
LinkedIn Announces Layoffs of 281 Employees Across California

LinkedIn lays off 281 employees in California, significantly affecting engineering roles amid broader tech sector cuts.

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ECONOMY
Trump and Xi Jinping May Discuss Trade as US-China Talks Remain Stalled

Scott Bessent reveals that trade talks between the US and China are stalled, hinting at potential involvement from Trump and Xi Jinping.

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