1Financeainvest.com
Italy's Banks Slide as the State Reopens the Wallet-Why This -0.9% Move Could Be the Start of Something Bigger
Italy's FTSE MIB closed at 0.95% on Tuesday, a significant drop for the banking sector as the state prepares to approve its draft budget. The government is relying on lenders to help fund its 2026-2028 budget plans. The banking sector's weakness was sharper than the broad market, with the banking index dropping 1.3% and the blue-chip index dropping 0.9%. The extension of the DTA freeze does not increase the overall tax burden on the banks, but it remains a concern for investors.
2Politicsindianexpress.com
‘Phunsuk Wangdu may die’: Omi Vaidya, Naseeruddin Shah urge Wangchuk to end hunger strike
Educationist and climate activist Sonam Wangchuk's 17-day hunger strike is part of a protest organised by the Cockroach Janta Party (CJP), seeking the resignation of Union Education Minister Dharmendra Pradhan over the leak of NEET-UG questions. Celebrities from the film industry have urged Wangchuk to end his hunger strike, while extending their support for the cause. They expressed concern over their health and expressed concern that the government's response to their demands could worsen their fragile state of health. The appeal came on the 24th day of CJP's protest at Jantar Mantar and the 16th day since Wangchuk’s indefinite hunger strike. The group is demanding the resignation and Rs 1 crore compensation for families who allegedly died by suicide after a leaked examination.
3Techainvest.com
Warren Calls It 'Corrupt': Commerce Eases UAE Chip Rules Days After Trump-Linked Crypto Deal
The US Commerce Department has relaxed the UAE's export rules, effectively transferring license-free exports, reexports, and in-country transfers for covered items. The rule takes effect on July 14, following reports of a $263 million windfall tied to MGX. The UAE no longer requires licenses for AI chips and servers, and the Bureau of Industry Control (BIIS) will review semiconductor and server applications involving MGX for consideration. The change means that G42 and Core42, plus U.S. firms operating in the country, no longer need licenses for these products. However, larger projects still face stricter review. The move is seen as a strategic rerating of the UAE, not a personal favor, and Commerce has tied it to its Major Defense Partner status and its role in Operation Epic Fury. The next signal to watch is first shipments.
4Techapnews.com
Samsung Becomes a Sisvel Wi-Fi Multimode Pool Licensee and Licensor
Samsung Electronics has become a licensee and licensee in the Sisvel Wi-Fi Multimode pool, becoming a licensor under the programme. The move confirms the SISvel Wi.Fi Multicode as a recognised solution provider for parties seeking to regulate Wi-fi implementation, and expands the scope of the programme's patent offering. Since its launch in January 2026, companies including ASUS, Hewlett Packard Enterprise, Microsoft and Sony Group Corporation have become licensees. The agreement ends litigation between Samsung Electronics and Wiliam.
5Financemoneycontrol.com
Wholesale inflation hits two-year high of 9.9% in June as food prices surge- Moneycontrol
Wholesale inflation reached a two-year high of 9.87% in June, driven by rising food costs and rising manufacturing inflation. This is the sixth consecutive monthly increase in the Wholesale Price Index (WPI) according to Moneycontrol. Fuel and power inflation remained the biggest contributor to headline WPI despite moderating to 27.41% from 30.33% in May. Primary article inflation accelerated to 7% from 4.99% and non-food inflation rose to 11.07% from 9.49%. Meanwhile, producer prices remained under pressure.
6Worldtopstories.com.ng
Details of NSA Ribadu’s Meeting With Top US Officials Emerge
Nigeria's National Security Adviser, Nuhu Ribadu, has met with senior officials from the United States government to discuss strengthening security cooperation between the two countries. The meeting took place during a visit by a high-level US delegation led by Frank Garcia, who is currently the Assistant Secretary of State for African Affairs. The talks were an opportunity for both sides to review the progress made under the Nigeria–US Joint Working Group and assess areas where further cooperation is required. This comes amid increasing concerns over increasing insecurity in several parts of Nigeria.
7Scienceaapnews.aap.com.au
Jane Goodall Institute USA and FormationQ Launch First-of-its-kind Quantum Computing Research Programme to Explore the Ecological Roots of War and Peace
The Jane Goodall Institute (JGI) USA and FormationQ have announced a landmark partnership to apply trapped-ions quantum computing by IonQ to the question why some species engage in lethal intergroup violence while others live peacefully alongside their neighbours. The two-year programme, Ecology of War and Peace: Using Quantum-Enhanced Agent-Based Modelling to Explain Contrasting Intergroup Behaviour in Chimpanzees and Bonobos, will mark a first-of-its-kind application of quantum-enhanced computation to the study of ecology, evolution and behaviour. The project will provide insights into how chimpanzees' natural behaviour connects to habitat and mortality, crucial to understanding why populations thrive or decline.
8Financem.rediff.com
SC Upholds Sebi Action Against Kotak AMC
The Supreme Court has upheld the Securities and Exchange Board of India's decision to take legal action against Kotak Mahindra Asset Management Company (Kotak AMC), its Managing Director Nilesh Shah, and other senior officials in the Essel Group. The court also directed Kotak AMC to pay litigation costs of Rs 30 lakh and $20.
9Worldithacajournal.com
Haitians stripped of legal protection by Trump get short work reprieve
The United States Department of Energy has issued a two-week employment extension for Haitian immigrants, allowing them to continue working without their legal status. The decision was made after a Supreme Court ruling upheld the cancellation of temporary protected status for some of the 350,000 Haitians living in the U.S. The extension of this status was also delayed until July 10.
10Businessblogarama.com
AI Powerhouses Unite: Rebellions and Giga Computing Forge Alliance for Advanced AI Servers
South Korean AI semiconductor startup Rebellions has announced a strategic Memorandum of Understanding (MOU) with Giga Computing, a leader in high-performance server solutions. The collaboration aims to co-developing next-generation AI server and rack-scale solutions to meet the increasing demands of AI workloads. Rebellions, known for its innovative AI inference chips, focuses on designing specialized silicon that offers high performance with remarkable energy efficiency. Giga computing, on the other hand, has extensive experience in engineering robust and scalable server platforms. The partnership is expected to benefit a wide array of industries including cloud computing, scientific research, financial services, and autonomous systems.
