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[SHANGAHI] Global investment banks are raising their forecasts for China’s economic growth this year, after Beijing and Washington agreed to a 90-day pause on tariffs, despite uncertainty around Sino-US trade negotiations. The deal reached between the US and China after bilateral talks in Geneva last weekend surpassed market expectations, as both sides agreed to significantly roll back most of the tariffs imposed on each other’s goods since early April. The latest upgrade represents the third major revision by some banks in the past few months, largely due to rapidly evolving US trade policy under President Donald Trump and its impact on the…
Welcome to Edition 7.45 of the Rocket Report! Let’s talk about spaceplanes. Since the Space Shuttle, spaceplanes have, at best, been a niche part of the space transportation business. The US Air Force’s uncrewed X-37B and a similar vehicle operated by China’s military are the only spaceplanes to reach orbit since the last shuttle flight in 2011, and both require a lift from a conventional rocket. Virgin Galactic’s suborbital space tourism platform is also a spaceplane of sorts. A generation or two ago, one of the chief arguments in favor of spaceplanes was that they were easier to recover and…
Bob Pockrass FOX Motorsports Insider INDIANAPOLIS — The Indianapolis 500 has broken the heart of Pato O’Ward the last few years. And yet, O’Ward’s heart still loves Indianapolis Motor Speedway.O’Ward should hate this place after he was unable to pass Marcus Ericsson on the final lap three years ago and he settled for second.O’Ward should hate this place after losing the lead to Josef Newgarden and then wrecking while battling Ericsson for second with eight laps remaining in 2023.O’Ward should hate this place after Newgarden passed him for the lead on the final lap in 2024.How can O’Ward love a place…
Brussels — Belgium’s Royal Palace said Friday that Princess Elisabeth, who is first in line to the throne, is waiting to find out whether she can return to Harvard for her second year after President Trump announced a ban on foreign students at the university.The Trump administration on Thursday revoked Harvard University’s ability to enroll international students in its escalating battle with the Ivy League school, saying thousands of students must transfer to other schools or leave the country. Harvard filed a lawsuit Friday against the Trump administration, arguing that its action violates the First Amendment and will have an “immediate…
WITH Bitcoin reaching a new record, it shows that more investors are getting swept up in the dream of “being their own bank” via tokens that can be transferred instantly and anonymously outside the traditional financial system. Yet at the same time, there seems to be too little awareness of the cost of being your own bank security guard in a cashless world. A recent double-digit rise in crypto-exchange hacks and a wave of brazen crypto-executive kidnapping attempts – with the latest taking place in broad daylight on the streets of Paris – has put the industry on edge and…
Don’t limit yourself to one ecosystem of smart home devices by using Aqara products, which are compatible with the Matter protocol. Chances are, if you have smart home devices, they belong to one ecosystem — Apple Home, Amazon, or Google Home. However, there are likely products in ecosystems outside of your own that you’d love to have in your home. That’s where Matter comes in. It is an interoperability standard that lets devices built for Google Home also work in Apple Home, Amazon, or other ecosystems. Aqara has been a leader in home device connectivity, and it is continuing that role by offering…
Alexi Lalas, David Mosse, and special guest Stu Holden discussed whether Christian Pulisic, Antonee Robinson, and Yunus Musah’s decision to skip the Gold Cup this summer was the right call.
NEW YORK :The euro pared gains sharply on Friday, after U.S. President Donald Trump once again ratcheted up his trade war, recommending the European Union be hit with 50 per cent tariffs beginning June 1, rekindling concern about the impact of duties on the world economy and global trade.Trump said in comments on social media that the EU was “very difficult to deal with” and “our discussions with them are going nowhere.”He threatened in a separate post to impose a 25 per cent tariff on Apple iPhones not made in the United States.”One of the challenges I’m finding in the…
Published Fri, May 23, 2025 · 09:40 PM[NEW YORK] Wall Street dropped at the open on Friday (May 23) after US President Donald Trump recommended 50 per cent tariffs on the European Union, while Apple slid after he warned the company would have to pay tariffs if its phones were not made in the United States.The Dow Jones Industrial Average fell 333.4 points, or 0.80 per cent, at the open to 41,525.7. The S&P 500 fell 60.1 points, or 1.03 per cent, at the open to 5,781.89, while the Nasdaq Composite dropped 303.4 points, or 1.60 per cent, to 18,622.38…
OpenAI has recruited Jony Ive, the designer behind Apple’s iPhone, to lead a new hardware project for the artificial intelligence company that makes ChatGPTSAN FRANCISCO — OpenAI has recruited Jony Ive, the designer behind Apple’s iPhone, to lead a new hardware project for the artificial intelligence company that makes ChatGPT.OpenAI said it is acquiring io, a product and engineering company co-founded by Ive, in a deal valued at nearly $6.5 billion. OpenAI said its CEO Sam Altman had been “quietly” collaborating since 2023 with Ive and his design firm, LoveFrom.Ive worked at Apple for over two decades and is known…