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U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

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FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

3

Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation

1

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

2

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

3

Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation
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Two U.S. troops are dead and another is missing after Iran attacks a base in Jordan as supreme leader calls Trump’s signature ‘worthless and invalid’
Two U.S. troops are dead and another is missing after Iran attacks a base in Jordan as supreme leader calls Trump’s signature ‘worthless and invalid’

Since the war began, 16 U.S. service members have now been killed and over 430 wounded.

By Jon Gambrell, Toqa Ezzidin and The Associated PressJuly 18, 2026
xi
A Chinese Pink Floyd fan is giving Claude and Chat their own DeepSeek moment — an AI model just as good and half the price
By Matt O'Brien and The Associated PressJuly 18, 2026
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
By Tatiana SatauaJuly 17, 2026
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
By Nicholas GordonJuly 17, 2026
xi
Xi offers AI olive branch to the world, calling for ‘symphony of global cooperation’
By Han Guan Ng, Chan Ho-Him and The Associated PressJuly 17, 2026
Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory
Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory
By Nicholas GordonJuly 16, 2026
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Walmart removes four Taylor Farms salads as recalls spread
Retail
Walmart removes four Taylor Farms salads as recalls spread
By Jaewon Kang, Jessica Nix, Fabiola Zerpa and BloombergJuly 18, 2026
Trump’s billionaire envoy to Italy is on a ‘coastal diplomacy’ tour with his super yacht, but it’s enraging people in Venice. ‘It’s gross’
Politics
Trump’s billionaire envoy to Italy is on a ‘coastal diplomacy’ tour with his super yacht, but it’s enraging people in Venice. ‘It’s gross’
By Colleen Barry and The Associated PressJuly 18, 2026
The cheapest resale ticket price for the World Cup final tops $6,400, while special hospitality seats are nearly $60,000 each
Arts & Entertainment
The cheapest resale ticket price for the World Cup final tops $6,400, while special hospitality seats are nearly $60,000 each
By The Associated PressJuly 18, 2026
Iran just crossed Trump’s red line for resuming all-out war as fighting continues to escalate with no end in sight
Middle East
Iran just crossed Trump’s red line for resuming all-out war as fighting continues to escalate with no end in sight
By Jason MaJuly 18, 2026
A massive margin call and ‘push-button liquidity’ have torched stocks, but they’re now poised to rebound, top Wall Street forecaster says
Investing
A massive margin call and ‘push-button liquidity’ have torched stocks, but they’re now poised to rebound, top Wall Street forecaster says
By Jason MaJuly 18, 2026
t
Politics
Trump monetizing his social media account is ‘odious’ and ‘brazen corruption’ — or an attempt to revive a 70% stock price crash since election
By Bernard Condon and The Associated PressJuly 18, 2026
bank
Banking
Citizens Bank drops links with private prison companies, citing ‘changed commercial circumstances’
By Ken Sweet and The Associated PressJuly 18, 2026
tourism
Travel & Leisure
‘They put 100% effort into looking after you’: Wary soccer fans stunned by a look at the real America, not the image they’ve been sold by the media
By Sarah Raza and The Associated PressJuly 18, 2026
More AsiaPage 57 of 69
Is Japan finally out of its 30-year slump? Economists are optimistic that Japan is back—and they say they have the data to prove it
Leadership
Is Japan finally out of its 30-year slump? Economists are optimistic that Japan is back—and they say they have the data to prove it
By Lionel LimApril 1, 2024
Young people in India are more likely to be unemployed if they’re educated, says International Labour Organization
Finance
Young people in India are more likely to be unemployed if they’re educated, says International Labour Organization
By Anup Roy and BloombergMarch 30, 2024
Larry Summers, a ‘friend of China,’ warns Beijing that its actions are making it hard for people like him to push for stronger ties
Leadership
Larry Summers, a ‘friend of China,’ warns Beijing that its actions are making it hard for people like him to push for stronger ties
By Nicholas GordonMarch 28, 2024
The U.S. and its allies want to bring the entire chip supply chain in-house—and that could create an OPEC-style cartel for the digital age
Commentary
The U.S. and its allies want to bring the entire chip supply chain in-house—and that could create an OPEC-style cartel for the digital age
By Jaemin LeeMarch 28, 2024
Venture capitalist Kai-Fu Lee
Conferences
OpenAI tipped to become the world’s first trillion-dollar privately held startup by former Google China president 
By Christiaan HetznerMarch 28, 2024
Boeing’s issues are prompting Hong Kong’s flagship airline Cathay Pacific to consider an ‘ABC’ future: Airbus, Boeing…and China’s COMAC
Leadership
Boeing’s issues are prompting Hong Kong’s flagship airline Cathay Pacific to consider an ‘ABC’ future: Airbus, Boeing…and China’s COMAC
By Lionel LimMarch 28, 2024
Larry Summers, now an OpenAI board member, thinks AI could replace ‘almost all’ forms of labor. Just don’t expect a ‘productivity miracle’ anytime soon
Tech
Larry Summers, now an OpenAI board member, thinks AI could replace ‘almost all’ forms of labor. Just don’t expect a ‘productivity miracle’ anytime soon
By Will DanielMarch 28, 2024
Sinovation Ventures chairman Kai-Fu Lee
Tech
Leading China VC Kai-Fu Lee warns an investor reckoning is coming for unprofitable AI companies
By Christiaan HetznerMarch 27, 2024
HKEX’s first woman CEO says Hong Kong’s exchange could name and shame listed companies that stick with single-gender boards
Leadership
HKEX’s first woman CEO says Hong Kong’s exchange could name and shame listed companies that stick with single-gender boards
By Lionel LimMarch 27, 2024
BYD overtook Tesla as the world’s biggest seller of EVs but an earnings miss amidst a growing price war sent shares plunging the most in a year
Finance
BYD overtook Tesla as the world’s biggest seller of EVs but an earnings miss amidst a growing price war sent shares plunging the most in a year
By Danny Lee, Linda Lew and BloombergMarch 27, 2024
China’s President Xi meets with U.S. CEOs from FedEx, Blackstone and Qualcomm and tells them the Chinese economy hasn’t peaked
Finance
China’s President Xi meets with U.S. CEOs from FedEx, Blackstone and Qualcomm and tells them the Chinese economy hasn’t peaked
By BloombergMarch 27, 2024
Worsening tensions between China and the U.S. will make Hong Kong and its ‘unique status’ even more important, says the city’s top financial official
Leadership
Worsening tensions between China and the U.S. will make Hong Kong and its ‘unique status’ even more important, says the city’s top financial official
By Nicholas GordonMarch 27, 2024
Businesses are in the ‘third quarter’ of the AI contest, says Walmart International’s CEO—but people are still figuring out how best to use the new tech
Tech
Businesses are in the ‘third quarter’ of the AI contest, says Walmart International’s CEO—but people are still figuring out how best to use the new tech
By Lionel LimMarch 27, 2024
Free taxis, education subsidies, and gratis egg freezing—how Chinese companies are crafting next-gen benefits for mothers amid the country’s baby bust
Leadership
Free taxis, education subsidies, and gratis egg freezing—how Chinese companies are crafting next-gen benefits for mothers amid the country’s baby bust
By Amanda GerutMarch 27, 2024
China files WTO complaint accusing Biden administration of discriminatory practices for its America-first EV subsidies
Finance
China files WTO complaint accusing Biden administration of discriminatory practices for its America-first EV subsidies
By The Associated PressMarch 26, 2024
Citron Research short-selling founder who was banned from Hong Kong trading after warning about China Evergrande wants an apology—and a refund
Finance
Citron Research short-selling founder who was banned from Hong Kong trading after warning about China Evergrande wants an apology—and a refund
By Kiuyan Wong and BloombergMarch 26, 2024
The BYD Seal electric vehicle
Tech
China’s brutal EV war forces BYD to cut starting price for its flagship Tesla Model 3 competitor 
By Christiaan HetznerMarch 25, 2024
European laws to stop deforestation may reorder how coffee is traded and benefit one Southeast Asian nation that has long promoted more sustainable farming methods
Finance
European laws to stop deforestation may reorder how coffee is traded and benefit one Southeast Asian nation that has long promoted more sustainable farming methods
By Aniruddha Ghosal and The Associated PressMarch 25, 2024
Beijing reportedly doesn’t want Intel, AMD or Microsoft on its government computers as its drive for tech self-sufficiency picks up
Tech
Beijing reportedly doesn’t want Intel, AMD or Microsoft on its government computers as its drive for tech self-sufficiency picks up
By Lionel LimMarch 25, 2024
China woos CEOs of Apple, chipmakers, pharma giants as geopolitical tensions mount: ‘The risk-reward has changed’
Leadership
China woos CEOs of Apple, chipmakers, pharma giants as geopolitical tensions mount: ‘The risk-reward has changed’
By BloombergMarch 23, 2024
China is investigating the role of Big 4 accountant PwC in $78 billion Evergrande fraud case
Finance
China is investigating the role of Big 4 accountant PwC in $78 billion Evergrande fraud case
By BloombergMarch 22, 2024
Tesla has cut EV production at its China plant amid sluggish sales growth and intense competition in world’s biggest car market
Tech
Tesla has cut EV production at its China plant amid sluggish sales growth and intense competition in world’s biggest car market
By BloombergMarch 22, 2024
Apple CEO Tim Cook is on a charm offensive in China as the U.S. puts the squeeze on the iPhone maker
Tech
Apple CEO Tim Cook is on a charm offensive in China as the U.S. puts the squeeze on the iPhone maker
By Lionel LimMarch 22, 2024
This little-known Japanese company is a key player in the leading-edge chip industry—and that’s setting it up for success amid the AI boom
Tech
This little-known Japanese company is a key player in the leading-edge chip industry—and that’s setting it up for success amid the AI boom
By Lionel LimMarch 21, 2024
Korean Air snubs embattled Boeing—its top aircraft supplier—as it inks $14 billion deal with Airbus
Finance
Korean Air snubs embattled Boeing—its top aircraft supplier—as it inks $14 billion deal with Airbus
By Danny Lee and BloombergMarch 21, 2024
Temu-owner PDD spooked China’s e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits
Finance
Temu-owner PDD spooked China’s e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits
By Lionel LimMarch 21, 2024
China may have Asia’s most vibrant companies, thanks to green tech, AI, and EVs—but don’t count the rest of the region out
Commentary
China may have Asia’s most vibrant companies, thanks to green tech, AI, and EVs—but don’t count the rest of the region out
By Fang Ruan, Ketil Gjerstad, Johann Harnoss, Martin Reeves and Adam JobMarch 20, 2024
China’s booming EV market puts these 3 companies on the path to growth. Here’s what sets them apart—and the challenges they have to face
Leadership
China’s booming EV market puts these 3 companies on the path to growth. Here’s what sets them apart—and the challenges they have to face
By Lionel LimMarch 20, 2024
GoTo shares drop as the company unveils a $5.8 billion loss after selling its e-commerce platform to TikTok
Tech
GoTo shares drop as the company unveils a $5.8 billion loss after selling its e-commerce platform to TikTok
By Lionel LimMarch 20, 2024
China’s uncertainty and ‘draconian regulations’ have drastically raised risks for foreign businesses in the country, European business group says
Finance
China’s uncertainty and ‘draconian regulations’ have drastically raised risks for foreign businesses in the country, European business group says
By Elaine Kurtenbach, Ken Moritsugu and The Associated PressMarch 20, 2024
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Economy
U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran warplaceholder alt text
By Sasha RogelbergJuly 17, 2026
C-Suite
FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’placeholder alt text
By Fortune EditorsJuly 15, 2026
Law
Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamationplaceholder alt text
By Marco Quiroz-GutierrezJuly 17, 2026
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