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Bolivia candidate vows to scrap China, Russia lithium deals
Bolivian right-wing presidential hopeful Jorge Quiroga on Monday vowed to scrap billion-dollar lithium extraction deals struck by the outgoing government with Russia and China if elected leader. In 2023 and 2024 Arce's government signed deals with Russia's Uranium One and China's CBC, a subsidiary of battery manufacturer CATL, to extract lithium from the salt pan.
Musk's xAI sues Apple, OpenAI alleging antitrust violations
Elon Musk's companies xAI and X filed a sweeping US antitrust lawsuit Monday against Apple and OpenAI, alleging the tech giants formed an illegal partnership to stifle competition in artificial intelligence and smartphone markets.
Trump advisor says US may take stakes in other firms after Intel
The US government could take stakes in other companies after doing so with chipmaker Intel, President Donald Trump's top economic advisor Kevin Hassett said Monday.
China Evergrande Group delisted from Hong Kong stock exchange
Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim reversal of fortune for the once-booming property developer. The statement added that China Evergrande Group was a holding company and that liquidators had assumed control of more than 100 companies within the group.
Asian markets rise on US rate cut hopes
Asian markets kicked off the week with a rally Monday morning, tracking gains made by Wall Street on Friday after the US central bank chief suggested coming interest rate cuts. During the first trading sessions in major Asian markets following the comments, stocks made notable gains.
India's Modi dangles tax cuts as US tariffs loom
Indian Prime Minister Narendra Modi's push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful US tariffs, experts say. But experts say Modi's tax reform could help shore up demand by reducing tax collections by between $13 billion and $17 billion.
Rebrand of US culture 'fixture' Cracker Barrel sparks backlash
Cracker Barrel has a special place in the hearts of many Americans, offering homestyle American cuisine in a folksy "Old Country Store" setting complete with rocking chairs and occasional country music performances. Life is change," said the retired social worker, 67, as she and her husband sat on the chain's signature rocking chairs.
Trump, Intel announce deal giving US a 10% stake in chipmaker
Chipmaker Intel has agreed to give the US government a 10-percent stake in its business, the company and President Donald Trump announced Friday. Referring to a meeting with Intel last week, Trump told reporters Friday: "I said, I think you should pay us 10 percent of your company."
Canada removing tariffs on US goods compliant with free trade deal
Canada will remove all tariffs on US goods that are compliant with the existing North American free trade agreement, Prime Minister Mark Carney said Friday, matching exemptions affirmed earlier this month by Washington.
AFP
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