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Analysis-Investors see pollution plan silver lining in EU carbon overhaul

Analysis-Investors see pollution plan silver lining in EU carbon overhaul

By Simon Jessop and Kate Abnett LONDON, July 21 (Reuters) - A European Union plan to tie free pollution permits to investments in decarbonisation could enhance corporate accountability, investors said, despite concerns that a broader overhaul of the Emissions Trading System (ETS) may weaken
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Citigroup Declares 'Magnificent Seven' Obsolete in AI Stock Strategy Shift

Citigroup Declares 'Magnificent Seven' Obsolete in AI Stock Strategy Shift

Citigroup Declares 'Magnificent Seven' Obsolete in AI Stock Strategy Shift
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US senators at airshow to reassure foreign defense contractors, urge tariff-free trade

US senators at airshow to reassure foreign defense contractors, urge tariff-free trade

By David Shepardson FARNBOROUGH, England, July 20 (Reuters) - A bipartisan group of nine U.S. senators on Monday sought to reassure defense contractors from American allies that growing demand for their products is real and urged the Trump administration not to impose tariffs on aerospace products.
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European Commission Fines AliExpress 550 Million Euros for Unsafe and Counterfeit Goods

European Commission Fines AliExpress 550 Million Euros for Unsafe and Counterfeit Goods

The European Commission has imposed a record fine of 550 million euros ($629 million) on AliExpress, a Chinese online marketplace, for failing to adequately address the sale of unsafe and counterfeit products on its platform. This penalty is the largest ever under the European Union's Digital Services Act, which aims to protect consumers from harmful online content. The fine follows a preliminary ruling in June 2025, which found AliExpress lacking in its efforts to combat illegal product sales. The company has been given until October 20 to submit an action plan to rectify these issues. AliExpress has expressed disagreement with the fine, citing its ongoing commitment to compliance and consumer protection.
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Trump imposes 50% tariffs on Canadian goods, citing disputes over autos, alcohol and cheese

Trump imposes 50% tariffs on Canadian goods, citing disputes over autos, alcohol and cheese

President Donald Trump has imposed 50% tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol and dairy products
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Exclusive-US, China to hold AI talks in September, sources say

Exclusive-US, China to hold AI talks in September, sources say

By Laurie Chen BEIJING, July 21 (Reuters) - The United States and China will hold talks over AI in September, five people familiar with the matter told Reuters, as the rival superpowers grapple with how to mitigate the risks posed by each other's increasingly powerful frontier models.
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Trump orders tightening of defense supply chain waiver rules

Trump orders tightening of defense supply chain waiver rules

By Jarrett Renshaw WASHINGTON, July 20 (Reuters) - President Donald Trump on Monday signed an executive order making it harder for U.S. defense contractors to obtain waivers allowing them to buy critical minerals and other materials from China and other prohibited foreign suppliers, the
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AliExpress hit with $629 million EU fine over sales of illegal, counterfeit products

AliExpress hit with $629 million EU fine over sales of illegal, counterfeit products

By Foo Yun Chee BRUSSELS, July 20 (Reuters) - Alibaba's AliExpress was hit with a record €550 million ($629 million) fine from the European Union on Monday for failing to tackle sales of illegal, unsafe and counterfeit products on its platform. 
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EU hits AliExpress with a record 550 million-euro fine over unsafe and counterfeit goods

EU hits AliExpress with a record 550 million-euro fine over unsafe and counterfeit goods

The European Commission has fined AliExpress 550 million euros for failing to curb the sale of unsafe and counterfeit products
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US data center protests go national as backlash grows

US data center protests go national as backlash grows

By Valerie Volcovici and Lisa Baertlein July 18 (Reuters) - Opponents of the rapid buildout of data centers plan to hold protests on Saturday in at least 125 locations across the United States, the first coordinated national effort to channel anger at the AI infrastructure expansion that has ramped
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Indian students cool on 'American Dream' as EU opens its doors

Indian students cool on 'American Dream' as EU opens its doors

By Praveen Paramasivam, Sai Ishwarbharath B and Charlotte Van Campenhout CHENNAI/BENGALURU/AMSTERDAM, July 20 (Reuters) - A. Shrinikheathan is breaking from his family's tradition of studying in the United States, opting instead for a master's degree in Germany.
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Kimi K3 AI Model Launch Sparks Market Reactions and Analyst Insights

Kimi K3 AI Model Launch Sparks Market Reactions and Analyst Insights

Kimi K3 AI Model Launch Sparks Market Reactions and Analyst Insights