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BRICS Speeds Up Dollar Selling, Chinese Firms Offload $51.8 Billion
Chinese banks have helped clients offload overseas currencies worth $51.8 billion, the highest since 2020. BRICS member China…
Trump Sanctions Working: India Might Get Zero Oil Supply From Russia
US President Donald Trump on Thursday imposed fresh oil sanctions on Russia and the move also affects India.…
Samsung, TSMC to Co-Produce Tesla AI5 Chip as Musk Accelerates Robotaxi Plans
The Tesla AI5 chip manufacturing is now being split between Samsung and TSMC as Elon Musk moves forward…
IBM Stock Falls 5% Despite Earnings Beat, AI Revenue Hits $9.5B
IBM earnings in Q3 2025 reflected that the corporation surpassed Wall Street forecasts with $16.33 billion in revenue…
Trump Administration Ready to Take Stakes in Quantum-Computing Firms
The US President Donald Trump’s administration is in talks with a handful of quantum-computing firms to take equity…
TSLA Stock Slides 37% Despite $28B Revenue Surge, Market Share Falls
Tesla’s Q3 earnings revealed profit plunged 37% to $1.4 billion from $2.2 billion a year earlier, despite revenue…
Meta Layoffs Hit AI Division Amid Leadership Shake-Up
Meta layoffs AI operations have hit the company’s artificial intelligence division, with the company letting go roughly 600…
BRICS To Convert US Dollar Loans Into Chinese Yuan
BRICS member Ethiopia is in talks with China to convert its $5.38 billion worth of loans from the…
3 Countries Achieve 90% De-Dollarization in 2025
A total of three countries, Russia, China, and India, have officially achieved 90% to 95% de-dollarization in 2025.…
Alphabet (GOOGL) Eyes $30B Cloud Deal With Anthropic Amid AI Arms Race
The Anthropic Google Cloud deal is currently in discussions as a multibillion-dollar agreement that could reshape enterprise AI…