Author: cyrus
Daimler Truck reports 5% decline in Q2 sales
Key Points Overview Daimler Truck, one of the world’s largest truckmakers, has experienced a sales decline in the second quarter of 2025, affecting its global [more…]
‘Improved’ Grok criticizes Democrats and Hollywood’s ‘Jewish executives’
Key Points Background The “improved” Grok has reportedly made statements critical of Democrats, suggesting their policies are detrimental, and has discussed the influence of Jewish [more…]
Gold Edges Lower as Investors Track US Trade Policy and Dollar
Key Points Overview Gold prices are currently experiencing a downward trend, primarily due to recent developments in US trade policy and the strengthening of the [more…]
Thailand Offers US More Trade Concessions to Avert 36% Levy
Key Points Background Thailand is engaged in trade negotiations with the US to reduce its trade surplus and avoid steep tariff hikes, with a focus [more…]
China’s Retaliation to EU Curbs Clouds Ties Before Summit
Key Points Background China and the EU have been engaged in a trade dispute, with the EU imposing restrictions on Chinese medical device makers and [more…]
Jio BlackRock raises more than $2.1 billion through debut mutual fund offers
Key Points Overview Jio BlackRock, a 50:50 joint venture between Jio Financial Services and BlackRock, has successfully entered the Indian mutual fund market with a [more…]
Trump Warns of 10% Tariff for ‘Anti-American’ BRICS Policies
Key Points Background Donald Trump, as U.S. President, has a history of using tariffs as a tool in trade policy, aiming to protect American manufacturing [more…]
How Brex is keeping up with AI by embracing the ‘messiness’
Key Points How Brex is Keeping Up with AI by Embracing the ‘Messiness’ OverviewBrex, a financial technology company, is staying competitive in AI by adapting [more…]
Thailand to offer US more trade concessions to avert 36% tariff, Bloomberg News reports
Key Points Background Thailand’s efforts are part of broader negotiations with the US, which has threatened higher tariffs on various countries as part of trade [more…]
Trump’s Tariff Date Arrives After a 90-Day Rollercoaster
Key Points Background The phrase “Trump’s Tariff Date Arrives” likely refers to the expiration of a 90-day pause on tariffs, creating uncertainty in global trade. [more…]