Amazon targets $25 billion bond sale to accelerate AI investment

Amazon is preparing to raise at least $25 billion through a U.S. dollar-denominated bond offering, according to a media report, as the technology giant seeks additional funding to support its expanding artificial intelligence strategy. The planned debt issuance would rank among the company's largest financing operations and reflects the......

Lockheed Martin and Rheinmetall plan first ATACMS missile production outside U.S. in Germany

U.S. defence giant Lockheed Martin and German defence company Rheinmetall have signed an agreement to jointly produce ATACMS missiles in Germany, marking the first planned manufacturing of the short-range ballistic missile system outside the United States. The two companies announced on Tuesday that they had signed a memorandum of understanding......

Italy says it will no longer respond to Trump’s provocations ahead of NATO summit

Italy has signaled a shift in its approach to public exchanges with U.S. President Donald Trump, with Foreign Minister Antonio Tajani saying Rome will no longer respond to remarks it considers provocative in an effort to avoid unnecessary tensions between allies. Speaking in an interview published on Tuesday, Tajani said the Italian government......

U.S. voices ‘Serious Concern’ after China conducts submarine-launched missile test in Pacific

The United States has expressed “serious concern” following China's test launch of a strategic missile from a nuclear-powered submarine into the Pacific Ocean, intensifying international attention on nuclear competition and arms control. In a statement issued on Monday, the U.S. Department of State criticized Beijing after......

Synopsys shifts focus to AI by phasing out legacy semiconductor manufacturing software

Synopsys is scaling back part of its semiconductor manufacturing software portfolio as the U.S. technology company redirects investment toward higher-growth artificial intelligence design tools, signaling a strategic shift in the rapidly evolving chip industry. According to sources familiar with the matter, the electronic design automation......

Royal Air Maroc expands special US flight program amid surge in supporter demand for Morocco national team

Royal Air Maroc (RAM) is scaling up its transatlantic operations with additional special flights to the United States, responding to a sharp rise in demand from Moroccan football fans traveling to support the national team during a major international tournament quarter-final. The airline announced on Monday that it will strengthen its existing......

Microsoft cuts 4,800 jobs as AI investments reshape Big Tech workforce

Microsoft is eliminating approximately 4,800 jobs, representing about 2.1% of its global workforce, as the technology giant accelerates investment in artificial intelligence while seeking greater operational efficiency. The workforce reduction reflects a broader trend across the technology sector, where companies are reshaping their organizations......

Micron and Ford sign long-term semiconductor supply deal for next-generation vehicles

Micron Technology and Ford Motor have signed a long-term agreement to secure supplies of memory and storage semiconductors for the automaker’s next generation of vehicles, reinforcing efforts to strengthen supply chain resilience in the automotive sector. The agreement is part of Micron’s broader strategy to expand its presence......

Lockheed Martin to acquire Ultra Maritime in $3.45 billion defence deal

Lockheed Martin has agreed to acquire Ultra Maritime from private equity firm Advent in a deal valued at $3.45 billion, expanding its capabilities in naval warfare and undersea defence technologies. The acquisition strengthens Lockheed Martin’s position in one of the fastest-growing segments of the global defence industry, as militaries......

US families start back-to-school shopping earlier as rising costs reshape spending habits

American households are beginning their back-to-school shopping earlier than usual as rising living costs continue to squeeze budgets, pushing families to hunt for discounts on essential school items across major retail chains. Retailers including Amazon, Walmart, Target, and Best Buy have launched earlier-than-usual promotions, effectively......

Supreme Court ruling could reshape U.S. Senate fundraising landscape, narrowing Democrats’ cash advantage

A recent U.S. Supreme Court decision is poised to significantly alter campaign finance dynamics in Senate battleground states, potentially reducing a long-standing fundraising advantage held by Democrats, according to political analysts and party strategists. The ruling eliminates restrictions on the amount of money national party committees......

US heat wave claims 19 lives in New Jersey as extreme temperatures grip eastern states

A deadly heat wave sweeping across the eastern United States has been linked to at least 19 fatalities in New Jersey, as authorities continue to warn millions of Americans about hazardous temperatures during one of the country's most intense summer heat events in over a decade. State health officials said the suspected heat-related deaths......

Raul Castro’s grandson signals openness to U.S. talks in rare diplomatic overture

Raul Guillermo Rodríguez Castro, the grandson of former Cuban leader Raúl Castro, has said he is open to negotiating with the United States, marking a rare and potentially significant signal of flexibility in long-stalled relations between Havana and Washington. In an interview published by USA Today, Rodríguez Castro......

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