Economy
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China’s Commerce Ministry denies US accusation of forced labor in Xinjiang
China’s Ministry of Commerce said on Saturday that the addition of Chinese companies to a list of entities that the…
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FIFA has lost UEFA’s ‘confidence’ despite withdrawal of plan: Statement
FIFA president Gianni Infantino has lost the “confidence” of European football’s governing body after his plan to allow private investment…
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Anthropic says Claude AI hacked three organisations during cyber tests
US technology firm Anthropic says its artificial intelligence (AI) models hacked into the systems of three organisations during a cybersecurity…
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US economic growth sees surprise slowdown in second quarter
There was a surprise slowdown in US economic growth in the three months to June despite an increase in consumer spending,…
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India wants to join the strawberry superpowers
In the west of India, the mountainous region of Mahabaleshwar is home to most of India’s strawberry farms. Around 85%…
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Apple warns of future ‘supply constraints’ for Mac, iPhone, iPad
Apple spooked Wall Street on Thursday by warning it expected a “significant” hit from growing supply constraints for its most…
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Shell records more than double profits as war rages in the Middle East
British oil and gas company Shell has seen its profits more than double compared to the same period last year…
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US signs letters of intent worth $874 million to boost semiconductor research
US Department of Commerce said on Tuesday it has signed letters of intent to provide $874 million in incentives to seven companies…
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Saudi Arabia’s budget revenues reach $90.3 billion in Q2 2026
Saudi Arabia’s second-quarter 2026 budget report showed total revenues of $90.3 billion (338.7 billion riyals), while total expenditure reached $99.5…
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Burnham has no scope to increase borrowing, think tank warns
Prime Minister Andy Burnham will have to raise taxes or cut spending to meet his pledges on defence and the…
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