Alibaba Pays $600 Million in US Drug Probe. Its Employees Had Flagged the Problem First.

New Delhi, July 3 -- WASHINGTON - Inside Alibaba, employees had seen the problem before federal investigators did. Staff at the company's digital commerce divisions raised concerns about inadequate co... Read More

California's Crypto Licensing Law Is Now in Force. Unlicensed Platforms Risk $100,000 a Day.

New Delhi, July 3 -- Every cryptocurrency exchange, stablecoin issuer, and Bitcoin ATM operator that serves California residents without a state license is now in violation of California law. The Digi... Read More

US June Jobs Miss Badly: 57,000 Payrolls, Half the Forecast, as Tariffs and War Weigh on Hiring

New Delhi, July 3 -- WASHINGTON - American hotels and restaurants are entering peak summer season with fewer workers than they had planned for. The seasonal hiring push that normally lifts the leisure... Read More

Chinese AI Biotech Licensing Surges to $75 Billion While US Scrutiny Mounts

New Delhi, July 3 -- HONG KONG - The world's largest pharmaceutical companies are quietly rewiring their drug-discovery pipelines around artificial intelligence platforms built in China, even as Washi... Read More

Brent Crude Falls Back to Pre-War Levels as Hormuz Traffic Slowly Recovers

New Delhi, July 3 -- DUBAI - For three months, oil markets carried the most expensive geopolitical premium since the 1970s. On Thursday, they gave almost all of it back. 30 GMT, touching pre-conflict... Read More

Tesla Reports Its Best Q2 Deliveries Ever, but Wall Street Is Selling

New Delhi, July 3 -- AUSTIN, Texas - Tesla Inc. reported its strongest second-quarter delivery performance on record Wednesday, then watched its stock fall seven percent by the close of trading. Thos... Read More

OpenAI Proposed Donating 5% of Its Equity to a US Sovereign Wealth Fund

New Delhi, July 3 -- WASHINGTON - The most significant thing about OpenAI Inc.'s proposal to donate five percent of its equity to a US sovereign wealth fund is not the percentage. It is what the donat... Read More

Markets See a Durable Iran Ceasefire. Trump's Ex-NSA Sees an Iranian Win.

New Delhi, July 2 -- WASHINGTON - The global oil market and Donald Trump's former national security adviser are reaching opposite conclusions about the Iran ceasefire, and both may be correct. Brent ... Read More

China Hits Canadian Pea Starch With 73.5% Deposit as Bilateral Trade Thaw Ends

BEIJING, July 2 -- Canada's pea starch exporters started July facing a 73.5 percent cash deposit on every shipment into China, their largest Asian buyer, after Beijing's Ministry of Commerce issued a ... Read More

Oil's Worst Quarter Since 2008 Cuts UAE Petrol 14% as Iran Deal Remains Unfinished

New Delhi, July 2 -- surrendering the entire war premium that accumulated when Iran's military operation against Israel shut the Strait of Hormuz in March. Brent crude ended the second quarter at $71... Read More

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