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Trump calls on ‘highly conflicted’ Intel CEO to resign over China ties

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Trump calls on ‘highly conflicted’ Intel CEO to resign over China ties

U.S. President Donald Trump on Thursday (August 7, 2025) demanded the immediate resignation of new Intel CEO Lip-Bu Tan, calling him “highly conflicted” due to his ties to Chinese firms and raising questions about plans to turn around the struggling American chip icon. Reuters reported exclusively in April that Mr. Tan — himself or through…

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Business

Stock markets weather Trump tariff storm; Sensex, Nifty close higher

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Stock markets weather Trump tariff storm; Sensex, Nifty close higher

Bombay Stock Exchange (BSE). | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty staged a comeback on Thursday (August 7, 2025), mainly due to buying in the last hour of trade, even as U.S. President Donald Trump slapped an additional 25% duty on Indian goods, which weighed on investor sentiment. Rebounding around 926 points…

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‘Unequal growth post the globalisation boom of the 1990s and 2000s led to the current inward looking trade policies’

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‘Unequal growth post the globalisation boom of the 1990s and 2000s led to the current inward looking trade policies’

Scott Wang, Vice President, Asia Pacific, for the World Trade Centers Association. Photo: Special Arrangement The increasingly inward looking attitude of countries around the world didn’t happen overnight, and is a result of the unequal growth that emerged from the ‘golden’ period of globalisation in the 1990s and 2000s, according to Scott Wang, Vice President,…

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Business

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India lost 18 times more forest than it gained between 2015–2019, study finds  

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India lost 18 times more forest than it gained between 2015–2019, study finds  

India suffered a substantial net loss in forest cover between 2015 and 2019, revealed a new study conducted by researchers from Indian Institute of Technology (IIT) Bombay and SASTRA Deemed University.   The study said that for every 1 square kilometre of forest gained during the four-year period, the country lost nearly 18 square kilometres—an alarming…

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Major climate change-GDP study under review after facing challenge

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Major climate change-GDP study under review after facing challenge

A blockbuster study published in top science journal Nature last year warned that unchecked climate change could slash global GDP by a staggering 62 percent by century’s end, setting off alarm bells among financial institutions worldwide. But a re-analysis by Stanford University researchers in California, released Wednesday (August 6, 2025), challenges that conclusion — finding…

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Trump moves to shut down NASA missions that measure carbon dioxide and plant health

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Trump moves to shut down NASA missions that measure carbon dioxide and plant health

U.S. President Donald Trump. File | Photo Credit: Reuters The Trump administration is moving to shut down two NASA missions that monitor a potent greenhouse gas and plant health, potentially shutting off an important source of data for scientists, policymakers and farmers. U.S. President Donald Trump’s budget request for fiscal year 2026 includes no money…

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Germany moves to fast-track geothermal energy projects

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Germany moves to fast-track geothermal energy projects

A general view of a cogeneration plant in Schwerin, Germany. File | Photo Credit: Reuters Germany’s Cabinet approved a draft law on Wednesday (August 6, 2025) aimed at fast-tracking the rollout of geothermal energy projects, as part of its goal to eliminate fossil fuel-based heating by 2045. Interest in geothermal energy has surged since Russia’s…

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