world
China lowers anti-dumping tariffs on European pork exporters
China on Tuesday announced lower duties on pork imports and pig by-products from the European Union. Source link
The AI chip shortage could raise smartphone prices — new research spells out by how much
The average selling price of smartphones in 2026 is expected to rise 6.9%, Counterpoint Research said. Source link
European markets set to open lower as traders look ahead to central bank action
European stocks are expected to open in lower territory on Tuesday, reversing gains seen at the start of the week. Source link
Korea Zinc sinks 13% as largest shareholder group challenges U.S.-backed plans for Tennessee smelter
Korea Zinc’s largest shareholder group is reportedly opposing plans to create a U.S.-backed joint venture that will see a dilution of the group’s stake in the company. Source link
CNBC Daily Open: Debt worries continue to weigh on AI-related stocks
The ready availability of clients means companies that provide the compute just need to make sure their finances are in order. Source link
Trump sues BBC for $5 billion, claims defamation from Panorama documentary
The lawsuit by President Trump against the BBC accuses the British broadcaster of trying to influence the outcome of his 2024 election against Kamala Harris. Source link
Asia-Pacific markets set for mixed open as AI sell-off on Wall Street continues
Markets in Australia started the day higher, while futures data for Japan and Hong Kong indexes indicate some pessimism. Source link
PayPal applies to form bank that can offer small business loans and savings accounts
PayPal has applications pending with the state of Utah and the Federal Deposit Insurance Corporation to establish PayPal Bank. Source link
New Trump tariffs collection hits $200 billion, Customs says
President Donald Trump this year unilaterally imposed, without congressional authorization, what he calls reciprocal tariffs and fentanyl tariffs on imports. Source link
Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin
Tesla CEO Elon Musk said in a social media post that his company is testing driverless cars in Austin without a safety driver in the vehicle. Source link