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US consumer inflation accelerates as tariff scrutiny grows
US consumer inflation picked up in line with analyst expectations last month, government data showed Tuesday, as policymakers try to gauge how President Donald Trump's ever-growing list of tariffs is affecting the economy.
Russia suggests Trump is emboldening Ukraine, delaying peace
The Kremlin warned Tuesday that US President Donald Trump's pledge of more weapons for Kyiv and threat of sanctions targeting Russian trading partners could embolden Ukraine and further delay already stalled peace efforts. Denmark and the Netherlands on Tuesday said they were looking to participate in Trump's plan for Europe to buy American weapons for Ukraine.
Tesla marks India entry with first showroom
Tesla unveiled its first showroom in India on Tuesday, marking its entry into the world's most populous country, as Elon Musk's electric vehicle company seeks new customers amid sagging sales in the United States and Europe. India is currently negotiating a trade deal with the United States, including a potential reduction in tariffs on automobiles.
Skidding Nissan to halt production at Japanese plant
Struggling auto giant Nissan said Tuesday it will stop production at its plant at Oppama in Japan at the end of its 2027 fiscal year. "The company will cease vehicle production at the Oppama plant at the end of fiscal year 2027," Nissan said in a statement.
'Dialogue' must be at heart of China, Australia ties, PM tells Xi
"Dialogue" must be at the heart of ties between Canberra and Beijing, Australian Prime Minister Anthony Albanese said on Tuesday as he met President Xi Jinping in the Chinese capital. Albanese is on his second visit to China as prime minister, seeking to bolster recently stabilised trade ties even as geopolitical tensions remain high.
Ivory Coast farmers hope tech tempts jaded youth back to fields
Stopwatch in hand, dozens of Ivory Coast students raced against the clock to design robots for the farms of the future in the world's top cocoa-producing nation. "We have noticed the appearance of new technologies since four or five years ago," said Thibeaut Yoro, secretary-general of the national union of cocoa producers.
Nvidia says it will resume sales of 'H20' AI chips to China
US tech giant Nvidia said on Tuesday it will resume sales of its H20 artificial intelligence chips to China, after Washington pledged to remove licensing curbs that had put a stop to exports. The company said in a statement on Tuesday that it was "filing applications to sell the Nvidia H20 GPU again".
Asian markets mixed as China's economy meets forecasts
Markets were mixed Tuesday as positive Chinese economic data was offset by weak consumer spending, while optimism that governments will hammer out deals to avoid the worst of Donald Trump's tariff threats provided support.
China's economy grows 5.2% on trade war truce
China's economy expanded more than five percent in the second quarter of the year, official data showed on Tuesday, after analysts predicted strong exports would provide crucial support despite trade war pressures. Official data on Tuesday showed the Chinese economy grew 5.2 percent in April-June, matching a prediction by an AFP survey of analysts.
AFP
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