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Musk Admits China’s Restriction on Rare Earth Minerals Will Hurt Tesla’s Robot Ambitions
Tesla’s plans to scale production of its humanoid robot, Optimus, have run into geopolitical headwinds as China’s latest export controls on rare earth elements...
Trump Signals Tariff Retreat, Analysts Say He’s “Folding”, Giving Beijing Upper Hand
President Donald Trump on Tuesday signaled a potential retreat from his administration’s aggressive trade stance against China, saying the steep 145% tariff rate currently...
Trump’s Trade War Threatens Global Financial Stability, IMF Warns Amid Rising Market Volatility
The International Monetary Fund has warned that President Donald Trump’s escalating trade war, anchored by waves of tariff impositions, could unravel the fragile financial...
Apple, Meta Fined Over $700m Under EU’s Digital Markets Act Amid Rising Transatlantic Tech...
Apple and Meta have become the first companies to be fined under the European Union’s Digital Markets Act (DMA), in a landmark ruling that...
IMF Forecasts 37% Inflation in 2026 for Nigeria, Shatters Govt.’s $1tn Economy Ambition
The International Monetary Fund (IMF) has thrown cold water on Nigeria’s economic ambitions with its latest World Economic Outlook, projecting average inflation of 26.5%...