Reliance Links Up with Google and Meta to Scale AI: Strategy, Stakes and Industry Ripples

India’s Reliance Industries has doubled down on a technology play that goes far beyond a few product launches. By forging deeper ties with Google and Meta to accelerate artificial intelligence across its empire — from energy and retail to telecom and financial services — Reliance is trying to stitch together three powerful threads: cheap and…

Mix of Tariff Pass-Through, Sticky Service Costs, Strong Spending Push US Core Inflation Up to 2.9% in July

The U.S. economy registered a notable pickup in core inflation in July, with the personal consumption expenditures (PCE) index excluding food and energy rising to 2.9% year-over-year — the strongest reading since February. Behind the headline number is a convergence of forces: the delayed pass-through of import tariffs into consumer prices, persistent services inflation —…

Dell Says Margins Were Weak Because It Chased AI Orders — Here’s Why It’s Still Bullish on the Year

Dell Technologies’ shares slid after the company reported a second-quarter margin miss, but management lifted its full-year revenue and profit outlook — a contrast that has left investors asking why a firm would accept weaker near-term profitability and still sound upbeat about the year ahead. The short answer: Dell is aggressively prioritizing AI server shipments…

How Lego’s partnership-and-production playbook drove record first-half sales

The Lego Group posted record first-half revenue as a deliberate combination of brand partnerships, product breadth and a near-consumer manufacturing footprint helped it outpace the wider toy market. Company executives and industry observers say the strategy married fast-moving marketing tie-ups with operational choices — more localised production, a heavy cadence of new sets, and sharper…

India Faces Severe Export Shock from 50% U.S. Tariffs — Targeted Relief and Market Diversification Can Mitigate the Damage

India faces a sharp economic reckoning as new U.S. tariffs that push duties on many Indian goods to as much as 50% take effect. The move — framed by Washington as punitive measures tied to India’s continued purchases of discounted Russian oil — threatens major export sectors, supply-chain relationships and jobs, while raising difficult strategic…

U.S. government stake sparks market jitters at Intel as governance and global-sales risks mount

Intel’s disclosure that the U.S. government will take a near-10% ownership stake has injected immediate uncertainty into the chipmaker’s outlook, with company filings warning the arrangement could prompt “adverse reactions” from investors, employees, customers and foreign governments — and could directly threaten a business that earns the bulk of its revenue outside the United States.…

Business alarm grows as White House signals more equity deals after Intel move

President Donald Trump’s declaration that the administration wants “many more cases like” its recent investment in Intel has stirred deep unease across Corporate America, where executives and investors worry the U.S. is steering toward greater state involvement in private industry. What began as a targeted effort to shore up domestic chipmaking has quickly become a…

French Partnership with JetZero Signals Turning Point for Hydrogen Aviation

A bold new collaboration between French technology company SHZ Advanced Technologies and California-based JetZero is sending shockwaves through the aviation industry. By pooling expertise, the two firms aim to pioneer a hydrogen-powered blended wing-body aircraft—a project that could alter the trajectory of global aviation and the race toward zero-emission flight. The partnership, announced as part…

US Retailers Diverge as Holiday Season Nears Amid Tariff Pressures and Consumer Uncertainty

As the year’s most critical shopping season approaches, America’s largest retailers are sending conflicting signals about their expectations. While some companies report strong momentum heading into the holidays, others are preparing for a slowdown in consumer demand. The divergence reflects a broader tension at the heart of the U.S. economy: households are willing to spend,…

Speculation Mounts That Apple Is Scaling Up India iPhone Output Over Political Risks

Apple is reportedly accelerating its iPhone production in India, a move that industry observers say is tied not only to its long-term diversification strategy away from China but also to mounting political pressures created by U.S. President Donald Trump’s tariff regime. Based on source information and media reports, the company has stepped up output at…