Qatar Approves 2026 Budget with $6 Billion Expected Deficit.. Actual 2025 Deficit Records $757 Million
Qatar's 2026 budget approved with $6B deficit; 2025 shows $757M deficit. Focus on economic growth, LNG expansion, and human capital.
Nvidia Develops Location Verification Technology to Prevent AI Chip Smuggling
Nvidia's new tech verifies AI chip locations to prevent smuggling to restricted countries, addressing U.S. export concerns.
Microsoft Commits $17.5 Billion to India's AI and Cloud
Microsoft invests $17.5B in India to boost AI and cloud services, enhancing digital transformation and creating jobs.
CMRG Warns Speculation Inflates Iron Ore Prices Unfairly
China's CMRG warns iron ore prices are inflated by speculation, diverging from market reality, affecting steel mills' costs.
Prominent Australian Economists Divided on Interest Rates as RBA Shifts to Hawkish Stance
Australian economists are split on interest rates as RBA adopts a hawkish stance amid inflation concerns and slow growth.
Gemini's Integration with Google Search Raises Monopoly Co
The integration of Gemini with Google Search may enhance monopoly power and threaten competition in AI, according to Bloomberg's warnings.
Ravenswood Gold Secures $650 Million Loan from RRJ Capital
Ravenswood Gold secures a $650M loan from RRJ Capital to refinance debts, amid rising gold prices and sector interest.
Copper Prices Climb as US Rate Cut Expectations Grow
Copper prices rose 0.8% to $11,582/ton, driven by expectations of US interest rate cuts, boosting investor confidence in demand.
Trump Approves Nvidia's H200 Chip Exports to China
Trump allows Nvidia to export H200 chips to China with a 25% tax, amid Huawei's AI growth, raising security concerns.
SpaceX Aims for IPO in 2026 Valued Over $30 Billion
SpaceX plans a 2026 IPO aiming for $30B, targeting a $1.5T valuation, driven by Starlink and Starship developments.
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