China’s carmakers target global markets with tailored models to boost exports and margins amid domestic slowdown.

Australia hikes interest rates to 4.35% and warns inflation will stay higher for longer amid energy and demand pressures.

Oil prices jump 5% after Iran attacks UAE as US Navy moves to open Strait of Hormuz. Supply shock deepens.

UAE leaves OPEC after 60 years. Analysts eye Kazakhstan, Nigeria, Venezuela as possible next exits.

Oil prices hit 1-month high as Trump extends Iran blockade. Supply fears grow.

Musk tells court OpenAI strayed from nonprofit roots, calling it “looting a charity” in high-stakes AI trial.

US car prices now equal five Chinese EVs, highlighting a growing global gap in affordability and auto industry dynamics.

Porsche sells Bugatti stake as operating profit collapses 93%. HOF Capital-led consortium buys in. Full analysis.

SpaceX AI spending devours Starlink’s $4.4B profit as IPO targets $1.75 trillion. Inside the cash-burn.

FIFA reopens last-minute ticket sales for World Cup 2026 with limited seats left and demand surging globally.