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President Trump and U.S. tech executives are expected to gather for a major summit in Shenzhen next week. On the agenda: a stalled trade war, expanding export controls, and suspected spy games.
Read the original story ↗India and the US have nearly resolved issues regarding the proposed trade deal. External Affairs Minister S Jaishankar expressed hope that the agreement could soon be finalized. Negotiations have focused primarily on changes needed from the American side. The upcoming meeting between Prime Minister Narendra Modi and President Trump may further progress the d…
Read the original story ↗Bharti Airtel founder and chairman Sunil Mittal wants mobile tariffs in India hiked to ₹350 per month as “prices are up”. He said entry plan costs could thus work out to ₹10-12 per day for users.
Read the original story ↗Nvidia Corp. has witnessed a drastic stock plunge after the ousting of CEO Jensen Huang amid scandals. A staggering 13% decrease in stock value within a week represents its most significant drop since April 2025. With analysts downgrading their ratings, concerns regarding Nvidia's future performance and corporate culture have emerged.
Read the original story ↗US October PPI +6.5% vs +6.6% expected Fed's Goolsbee: We're not on the way to 2% inflation and we have to deal with that Goldman Sachs: We can explain almost the entire US inflation overshoot by tariffs and the war in Iran Fed's Collins: I would think some additional policy tightening is warranted soon Fed's Daly: In all likelihood, we need to raise rates M…
Read the original story ↗The Treasury secretary blamed the department for not sanctioning the Singaporean firm and said that Nvidia employees should be held accountable if they sidestepped the law.
Read the original story ↗Chicago Fed president Austan Goolsbee stated that inflation has moved beyond temporary energy and tariff-related price shocks. He highlighted that increased demand from the AI buildout is pushing prices higher across many sectors including health care and services. Goolsbee emphasized the importance of upcoming inflation data for determining the Fed's rate i…
Read the original story ↗The US has assured India of lower tariffs than those imposed on its trading partners under the proposed trade deal. The first phase of the agreement will cover goods, with services to be negotiated separately in the next phase.
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