Microsoft to spend record $30 billion in this quarter as AI drives growth
Microsoft expects to invest about $30 billion in capital expenditures this quarter, part of an overall record of more than $80 billion planned for...
U.S. President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent had remained at the G7 summit in Canada to continue discussions, while he returned to Washington to address Middle East developments.
Speaking to reporters aboard Air Force One, Trump criticized the European Union’s trade stance, saying the 27-nation bloc had been "tough" with the United States for years and had not yet offered what he considers a fair deal.
“We're talking, but I don't feel that they're offering a fair deal yet,” Trump said. “They're either going to make a good deal or they'll just pay whatever we say they have to pay.”
The President also commented on the ongoing trade talks with Japan, describing Japanese negotiators as “tough,” but indicated there was still potential for a deal.
“They're tough, the Japanese are tough, but ultimately you have to understand we're just going to send a letter saying 'this is what you're going to pay, otherwise you don't have to do business with us.' But there's a chance,” Trump said.
Donald Trump further announced that new tariffs on pharmaceuticals would be coming soon, aimed at encouraging pharmaceutical companies to bring manufacturing back to the United States.
“We're going to be doing pharmaceuticals very soon. That's going to bring all the companies back into America,” he said. “It's going to bring most of them back into, at least partially back in.”
Additionally, Trump stated that Canada would pay to participate in the U.S.-led “Golden Dome” missile shield project.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
Microsoft expects to invest about $30 billion in capital expenditures this quarter, part of an overall record of more than $80 billion planned for fiscal 2025, as its AI-powered cloud services continue to accelerate revenue and market value.
Egypt's military dropped humanitarian aid by parachute over parts of Gaza on 30 July, targeting areas unreachable by road as famine warnings intensify.
The United States and Israel have criticised Canada’s announcement that it will recognise the State of Palestine at the UN General Assembly in September, warning the move rewards Hamas and undermines peace efforts.
Canadian Prime Minister Mark Carney announced that Canada plans to recognise the State of Palestine at the 80th United Nations General Assembly in September 2025, aligning with France and other nations advocating for Palestinian statehood.
U.S. President Donald Trump will meet with South Korea’s trade delegation in Washington as Seoul races to negotiate a deal before 1 August’s 25 percent tariffs on Korean exports, South Korean officials stated.
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