Mourners place flowers at a memorial at Bondi Beach. AAP/Bianca De Marchi |
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Tesla Model Y cars are parked outside the newly launched Tesla centre in Gurugram, India. REUTERS/Bhawika Chhabra |
- Tesla's board of directors has earned more than $3 billion through stock awards that far exceeded the value of those given to peers at the biggest US technology firms.
- iRobot the maker of the Roomba vacuum cleaner, filed for bankruptcy protection, saying that it would go private after being bought by Picea Robotics, its primary manufacturer.
- Nvidia has told Chinese clients it is evaluating adding production capacity for its powerful H200 AI chips after orders exceeded its current output level. The move comes after Trump said the US would allow Nvidia to export H200 processors to China and collect a 25% fee on such sales.
- China's factory output growth slowed to a 15-month low, while retail sales posted their worst performance since the country abruptly ended its draconian "zero-COVID" curbs, highlighting the urgent need for new growth drivers heading into 2026.
- After a stellar 2025, investors expect shares in European banks to keep heading higher in 2026, supported by strong earnings and, crucially, cost savings stemming from artificial intelligence.
- The Indian rupee fell to a record low, pressured by a prolonged deadlock in US-India trade negotiations and sustained foreign outflows from domestic equities and bonds.
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How Donald Trump is molding 2028 Democratic presidential contenders |
Maryland Governor Wes Moore at the Democratic National Convention in August 2024. REUTERS/Elizabeth Frantz |
President Donald Trump's aggressive policy agenda is doing more than reshaping the economy and immigration enforcement - it's also giving a handful of Democratic governors a national stage to position themselves as potential 2028 presidential contenders. California's Gavin Newsom, Illinois' JB Pritzker, and Maryland's Wes Moore have seized on Trump's moves to rally their party's base, sharpen their contrasts with the White House, and build networks beyond their home states. |
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Workers examine test plots of camelina, a drought-resistant oilseed, at a research farm in Saskatoon, Saskatchewan, Canada. REUTERS/Ed White |
Climate change is worsening growing conditions for Canadian farmers. Yet across much of western Canada, farmers have been turning out strikingly better crops despite hotter and drier conditions — far above what farmers in the region could have expected years ago, according to Canadian government data, thanks in part to widespread embrace of climate adaptation strategies. |
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