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US Fed set to hold rates steady in the face of Trump pressure
The US central bank is expected to keep interest rates unchanged for a fourth straight policy meeting this week, despite President Donald Trump's push for rate cuts, as officials contend with uncertainty sparked by the Republican's tariffs. But Powell has defended US central bank independence over interest rates when engaging with Trump.
Sober clubbing brews fresh beat for Singapore Gen Z
Swaying to dance music and TikTok-fuelled pop under a disco ball, young punters are packed shoulder to shoulder while sipping on coffee, their energy powered by pour-overs rather than pints. The parties blend curated music with specialty coffee served in white paper cups.
Big tech on a quest for ideal AI device
ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget for using generative artificial intelligence (AI). Apple is being cautious embracing generative AI, slowly integrating it into iPhones even as rivals race ahead with the technology.
Trump approves US Steel, Nippon Steel partnership
President Donald Trump signed an executive order Friday approving a partnership between US Steel and Nippon Steel after the companies reached agreement on US national security guarantees.
Google turns internet queries into conversations
Google on Friday began letting people turn online searches into conversations, with generative artificial intelligence providing spoken summaries of query results. Google is beefing up online search with generative artificial intelligence, embracing AI despite fears for its ad-based business model.
Spain economy minister urges fair, balanced EU-US tariff deal
Spanish Economy Minister Carlos Cuerpo said a tariff pact between the EU and Washington should be "fair and balanced," although both sides remain far from a deal as a July deadline approaches. US Commerce Secretary Howard Lutnick told CNBC this week that an EU deal will likely be among the last that Washington completes, even as he remained optimistic that both sides would reach this goal.
Startups show off ocean-preserving tech at Paris trade fair
Harnessing ocean currents to boost fuel efficiency of vessels, or tracking whales using sensor data and AI -- startups at Paris trade fair Vivatech have been showing off the latest innovations aimed at protecting the environment.
War, trade and Air India crash cast cloud over Paris Air Show
War, tariffs and the Air India crash will cast a shadow over the Paris Air Show as the aerospace industry's biggest annual gathering opens on Monday. Boeing chief executive Kelly Ortberg cancelled plans to attend the Paris Air Show to focus on the investigation into the crash.
Airlines halt many Middle East flights after Israel hits Iran
Global airlines on Friday cancelled flights to Tel Aviv, Tehran and other Middle East destinations, or rerouted planes, as airspaces shut following Israeli strikes on Iran. Emirates, the Middle East's largest airline, cancelled flights to and from Iraq, Jordan, Lebanon and Iran after Israel launched the strikes.
AFP
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