Podcasts about stock market news

Everyone keeps talking about the “Great Wealth Transfer” like it's some mythical pot of gold at the end of the rainbow. But here's the reality: the rich aren't exactly lining up to hand you their keys to the kingdom. Between tax loopholes, estate strategies, and the fact that most heirs are just as debt-happy as everyone else, the so-called wealth transfer looks more like a magician's sleight of hand than a generational payday. Spoiler: if you're waiting around for this miracle to hit your bank account, you're going to be waiting a very long time.➡️ In this episode, Chris, Saied and Rajeil tear into the headlines, decode the market noise, and break down why the “great wealth transfer” narrative is just another shiny distraction. From volatility bets on Wall Street to the political circus surrounding a potential government shutdown, we cut through the hype with a mix of cold, hard facts and the occasional sarcasm that CNBC can't deliver.

Equity markets on both sides of The Pond notch another week of record highs as investors seem to shrug off any concerns relating the U.S. government shutdown. Into its third day, President Trump continues to warn that the shutdown will result in mass Federal agency lay-offs. U.S. Treasury Secretary Scott Bessent tells CNBC the Democrats are responsible for the shutdown and will feel its ‘ramifications'. And in autos news, Tesla posts record Q3 deliveries but shares are down as investors fear the fallout for the sector as EV tax credits expire. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The U.S. government shuts down after Democrats and Republicans failed to agree on a federal funding deal. President Trump has warned of lay-offs. Ahead of today's EU summit in Copenhagen, we speak exclusively to Luxembourg's Prime Minister, Luc Friedman, who says that the bloc must provide stronger deterrence in the face of an increasingly hostile Russia. Sports giant Nike posts a surprise growth in sales which has pushed its stock up by almost 5 per cent as its turnaround strategy begins to pay off. The retailer warned, however, that progress will not necessarily be linear. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The U.S. government remains shut down but President Trump says his administration will use the opportunity to save money in key areas. Markets remain sanguine with the Stoxx 600 and the S&P 500 recording all-time highs. In Copenhagen, European leaders back the introduction of drone walls to block increasing Russian incursions. The bloc falls short of agreeing to use frozen Russian assets to help with the reconstruction of Ukraine. OpenAI unveils its latest partnership with South Korea's Samsung and SK Hynix, sending both companies' shares soaring. Meanwhile, we are live at Italian Tech Week in Turin where the CTO of Microsoft, Kevin Scott, tells us OpenAI is key to his firm's future. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Book your seat for Pune Offline Session: https://shorturl.at/jzvHD#stockmarketnews #rbimpc #tatamotors #USShutdown #silverprice #pvrinox #marketupdate #ipo2025 #finance Get the essential Stock Market News for October 1, 2025! This video details the crucial RBI MPC meeting outcome—will the central bank cut the repo rate from 5.5% or hold steady? Learn about the historic Tata Motors Demerger (CV vs PV split) taking effect today, including the 1:1 share entitlement ratio.Globally, the S&P 500 reacted negatively to the looming US Government Shutdown risk, which could delay vital economic data and trigger a credit reassessment. We analyze Trump's new 100% tariffs on foreign films and the immediate impact on media stocks like PVR INOX and Prime Focus.Commodities update: Silver price hits an All-Time High (ATH) of ₹1.51 lakh/kg in India driven by global demand. Also covered: Interest rates for PPF and NSC remain unchanged, Diageo puts IPL franchise RCB up for sale ($2B valuation), and the details of the upcoming LG Electronics India IPO. Stay ahead of the Nifty and Sensex movements.00:00 Start00:52 S&P 500 Dips on US Shutdown Fears05:38 Trump Announces 100% Tariff on Foreign Films06:26 Silver Prices Hit All-Time High in India07:59 Small Savings Rates Unchanged for Q3 FY2608:43 Fiscal Deficit Reaches 38.1% of FY26 Target10:13 RBI MPC Outcome Due October 111:20 India-EFTA Trade Pact Effective Oct 113:12 Gold, Silver Imports Nearly Double in September14:15 Tata Motors Demerger Effective October 115:33 Tata Motors Ups Stake in Freight Tiger16:24 LG Electronics India ₹15,000 Cr IPO on Oct 717:16 Diageo Puts RCB Up for Sale18:06 Knowledge SectionYadnya Books and eBooks now available:On Amazon - https://amzn.to/47x0RS4On Flipkart - https://fktr.in/y3OZ3GFOn our website - https://shop.investyadnya.inLEGAL DISCLAIMER: Use of this information is at the user's own risk. The Company and its directors, associates and employees will not be liable for any loss or liability incurred to the user due to investments made or decisions taken based on the information provided herein. The investment discussed or views expressed herein may not be suitable for all investors. The users should rely on their own research and analysis and should consult their investment advisors to determine the merit, risks and suitability of recommendation. Past performance is not a guarantee for future performance or future results. Information herein is believed to be reliable, although its accuracy and completeness cannot be guaranteed. The images used may be copyright of the company or third party. As a condition to using the services, the user agrees to the terms of use of the website and the services. DISCLOSURES UNDER SEBI (RESEARCH ANALYST) REGULATIONS, 2014:Yadnya Academy Pvt. Ltd. (InvestYadnya) is registered with SEBI under SEBI (Research Analyst) Regulations, 2014 with registration no. INH000008349.Disclosure with regard to ownership and material conflicts of interest1. Neither Research Analyst nor the entity nor his associates or relatives have any financial interest in the subject Company;2. Neither Research Analyst nor the entity nor its associates or relatives have actual / beneficial ownership of one per cent or more securities of the subject Company, at the end of the month immediately preceding the date of publication of the research report or date of public appearance;3. Neither Research Analyst nor the entity nor its associates or his relatives have any other material conflict of interest at the time of publication of the research report or at the time of public appearance. Disclosure with regard to receipt of Compensation1. The Research Entity and its associates have not received compensation from the subject company in the past twelve months.2. The subject company is not or was not a client during the twelve months preceding the date of recommendation.

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In this video, we discuss how industrial slowdown signals caution for investors, why gold loan demand is soaring amid rising household needs, and what the UST–Kaynes semiconductor deal means for India's tech manufacturing push. We also track Blue Dart's price hikes in logistics, Wockhardt's pharma gains after exemptions, and Bharat Electronics' defence orders that add strength to the PSU defence theme.For investors, traders, and finance enthusiasts, this daily market roundup provides valuable insights into global cues, India Inc developments, sectoral trends, and big policy shifts.

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Wall St closed higher across the major averages on Monday as investors bought back into the AI darlings a week after scepticism rose around the sustainable growth of the sector. The S&P500 gained 0.2%, the Nasdaq rose 0.48% and the Dow Jones ended Monday's session up 0.15%. Shares of game maker EA Games rallied 4.5% after the company announced it's going to be taken private in an acquisition worth US$55bn.In Europe overnight markets closed higher to start the new trading week in the green. The STOXX600 rose 0.34%, Germany's DAX added 0.02%, the French CAC climbed 0.13% and, in the UK, the FTSE100 ended the day up 0.16%.Across the Asia region on Monday markets closed mixed with Japan's Nikkei falling 0.69%, while South Korea's Kospi index added 1.33%, Hong Kong's Hang Seng added 1.9% and China's CSI index gained 1.54%.Locally to start the new trading week, a healthcare rebound pushed the ASX to a positive close with the key index rallying 0.9% while the spot price of gold also reset a fresh record, propelling gold miners to new heights.Defence stocks were all the rage for investors yesterday with DroneShield soaring over 18% while EOS climbed almost 13% amid a tense backdrop in Europe with NATO boosting air-defence assets in response to new drone incursions at a key military base in Denmark last week. EOS also released a sales update yesterday revealing it is expecting full year revenue from existing contracts to be $115m to $125m in FY25 however, new orders could boost this by $25m in addition to its contract backlog with an estimated value of $299m.Synlait Milk share jumped 15% following the release of the company's full-year results yesterday. The dairy processor reported a more than twofold increase in underlying EBITDA, reaching NZ$107.2 million for FY 2025. Additionally, Synlait announced an agreement to sell its North Island assets to global healthcare giant Abbott Laboratories in a deal expected to generate around NZ$307 million in proceeds. What to watch today:On the commodities front this morning oil is trading 3.86% lower at US$63.18/barrel; gold is up 1.63% at a fresh record US$3829/ounce and iron ore is down 0.09% at US$105.35/tonne.The Aussie dollar has strengthened against the greenback to buy 65.78 US cents, 97.75 Japanese yen, 48.91 British pence and 1 New Zealand dollar and 14 cents.Ahead of Tuesday's trading session here in Australia the SPI futures are anticipating the ASX will open the day up 0.17%.Trading Ideas:Bell Potter has raised the 12-month price target on Electro Optic Systems (ASX:EOS) from $5.70 to $11 and maintain a buy rating on the Australian defence manufacturer specialising in advanced weapon systems and satellite tracking technology company following an update out yesterday including revenue guidance weaker than Bell Potter expected in the near term but strong tailwinds driving the long-term growth of the sector. Bell Potter has upgraded the 12-month TP reflecting a higher CY26e EV/EBITDA multiple due to strengthened confidence in longer term revenue growth.Trading Central has identified a bearish signal on HMC Capital (ASX:HMC) following the formation of a pattern over a period of 29-days which is roughly the same amount of time the share price may fall from the close of $3.23 to the range of $2.55 to $2.65 according to standard principles of technical analysis.

Welcome to your Daily Stock Market News Update (September 24, 2025) – your one-stop destination for the biggest financial and business headlines impacting Indian and global markets.In today's video, we cover:Key international developments, including US criticism of India's trade policies and New Delhi's oil proposal to Washington.Sectoral updates with Trump's new pharma tariffs and their impact on Indian pharmaceutical companies.Commodities focus as copper prices surge, driven by global demand recovery.Energy markets buzzing with a major gas discovery in the Andamans, which could be a game-changer for India's energy security.Domestic growth stories such as Maharashtra's housing push and India–Russia's agricultural trade partnerships.Key financial voices, with SBI's views on RBI's potential rate cut.Corporate news – UK's relief aid to JLR, PG Electroplast's expansion plans, HDFC Bank facing UAE restrictions, and HUL reporting a Q2 slowdown.Market moves with the latest Nifty rejig, reshaping sectoral weightages for investors.Whether you are a trader, long-term investor, or finance enthusiast, this video will keep you updated with the most relevant market-moving updates in under 20 minutes.

Pharma stocks in Asia plunge following President Trump slapping tariffs of up to 100 per cent on the sector with the EU avoiding the brunt of the impact due to its trade deal with the U.S. Q2 GDP in the U.S. expands by more than expected, notching the fastest pace of growth in almost two years. President Trump signs an executive order to keep TikTok operational Stateside. The company is valued at $14bn but Beijing avoids commenting on the deal. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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The US GDP growth was revised upward, indicating surprising resilience, while a new report highlighted global debt reaching a record high. Oil prices experienced a pullback, offering some relief to investors. Meanwhile, the RBI's bulletin presented a positive outlook for the Indian economy, driven by strong domestic factors. Major corporate news included Reliance's massive ₹40,000 Cr food park MoU and a significant ₹62,370 Cr jet deal for HAL, reinforcing confidence in the Indian market. Additionally, a new ₹42,000 Cr nuclear project by NTPC and NPCIL was announced. The day concluded with a "Believe it or not!" segment.#stockmarketnews #indianstockmarket #usgdp #globaldebt #oilprices #rbi #reliance #HAL #ntpc #investing #stockmarketindia 00:00 Start00:11 US GDP Growth Revised Up03:22 Global Debt Record High05:36 Oil Prices Pull Back07:06 RBI Bulletin: Positive Outlook09:22 Reliance ₹40,000 Cr Food MoU10:49 HAL Wins ₹62,370 Cr Jet Deal12:24 NTPC-NPCIL Nuclear Project13:32 Believe it or not!

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#StockMarketIndia #DailyNews #Alibaba #PhonePeIPO #IndiaEconomy #PSUBanks #Nifty #SensexGet your daily dose of stock market news! Today's top stories include Alibaba's massive AI investment, PhonePe filing for a mega IPO, India's boosted growth outlook, and PSU bank stocks rallying on foreign investment news. We also cover GAIL's pipeline expansion, Polycab's stake sale, Poly Medicure's acquisition, Bajaj Electricals acquiring Morphy Richards, Reliance's new FMCG unit, and L&T's fighter jet program pact. Stay informed with these key market updates and analysis. 00:00 Start00:43 US Market Update01:50 Alibaba Boosts AI Investment03:16 Oil Prices Edge Up04:48 Traders cautious ahead of jobless claims05:24 OECD Raises India's Growth Outlook06:42 Shipbuilding Reforms Approved08:11 RBI Expected to Hold Rates08:57 PhonePe Files for IPO09:44 GAIL Approves Pipeline Expansion10:34 PSU Bank Stocks Rally11:16 Polycab Promoter Group Sells Stake11:49 Poly Medicure to Acquire Citieffe Group12:39 Bajaj Electricals to Acquire Morphy Richards Brand Rights13:15 L&T Signs Pact for Fighter Aircraft14:42 Knowledge Section

We are live in Canary Wharf with Squawk On The Road where the UK's economic outlook is front and centre. We'll be speaking to business leaders and executives to get their take on the national forecast. Federal Reserve Chairman Jerome Powell cools rate cut expectations sending both U.S. and European stocks into the red. Powell said the current economic situation Stateside poses ‘two-sided risks'. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Stay updated with the latest stock market news and economic highlights on September 24, 2025. In this video, we cover everything from rising oil prices and India's PMI performance to the rupee hitting a record low against the USD. Plus, important developments in the equity and electric vehicle sectors with Jio BlackRock's new fund, Vodafone Idea's rally ahead of the AGR hearing, festive offers from Ola Electric, and Torrent Power's acquisition of Newzone firms.#StockMarketNews #IndiaPMI #RupeeVsUSD #OilPrices #EquityFund #VodafoneIdea #OlaElectric #TorrentPower #MarketUpdate 00:00 Start00:12 Oil Edges Up as Pipeline Restart Eyed03:07 India's PMI Eases but Stays Strong06:27 Rupee at Record Low vs USD09:10 Jio Blackrock Launches Equity Fund11:59 Vodafone Idea Rally Ahead of AGR Hearing13:58 Ola Electric Festive Scooter Offers15:25 Torrent Power Acquires Newzone Firms

Nvidia unveils plans for a $100bn investment in Open A.I. with the two firms partnering on data centres. CEOs Jensen Huang and Sam Altman tell CNBC the giant investment will release the sector's potential. Dutch chip equipment maker ASMI slashes its FY forecasts, citing disappointing demand in two key units. Fed board governor and Trump ally Stephen Miran urges the central bank to cut rates by almost two percentage points.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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The U.S. unveils an H-1B visa with a $100,000 price tag which has sent shockwaves through U.S.-based tech sector companies. Indian tech stocks have plunged in early trade as a result. President Trump says he has an agreement with Chinese President Xi Jinping to keep TikTok operational in the United States with Oracle chairman Larry Ellison and media mogul Lachlan Murdoch set to be investors. The UK joins Portugal, Canada and Australia in recognising Palestinian statehood ahead of the UNGA. And in banking news, Spain's BBVA has upped the ante to increase a hostile takeover bid for smaller rival Banco Sabadell.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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President Trump ends his second state visit to the UK by signing a ‘tech prosperity deal' with the country and haling the ‘special relationship' between the two countries. UK Prime Minister Sir Keir Starmer heralds the agreement as the biggest investment package of its kind. The BoE keeps interest rates steady and reins in bond sales. Governor Andrew Bailey admits that the path for future cuts is now uncertain. Intel shares are up following Nvidia's purchase of a $5bn stake in the chip maker. Nvidia CEO Jensen Huang describes the move is ‘an incredible investment. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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U.S. Federal Reserve Chairman Jerome Powell delivers a long-anticipated rate cut as labour market concerns mount Stateside. President Trump is treated to a series of royal ceremonies, military parades, a flypast and a lavish white-tie banquet during his unprecedented second state visit to the UK. Today the focus turns to trade deals and a business roundtable together with Prime Minister Sir Keir Starmer. And in the City, investors await a potential Bank of England rate hold and whether policy makers move to rein in the pace of UK gilts. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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U.S. tech companies unveil more than $50bn in UK investments as President Trump arrives in the country for an unprecedented second state visit. CPI figures in the UK come in at 3.8 per cent – up 0.3 per cent month-on-month in August. In the U.S., investors are braced for a key rate decision from the Federal Reserve. U.S. Treasury Secretary Scott Bessent says the central bank has been behind the curve and now expects movement from the central bank. Swiss food giant Nestlé's chairman Paul Bulcke steps down after almost 10 years at the helm. Pablo Isa has been named his successor, just weeks after the sudden departure of CEO Laurent Freixe due to the revelation of romantic improprieties with a subordinate co-worker. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Google is the latest U.S company to unveil a UK investment as President Trump prepares to fly into the country for his historic second state visit. Trump is also due to speak to his Chinee counterpart President Xi Jinping on Friday following reportedly successful trade talks about TikTok's ownership. With the FOMC convening, traders are anticipating a cut from the central bank as board of governors Trump nominee Stephen Miran is confirmed by the Senate. However, an appeals court rejects the President's decision to fire Fed governor Lisa Cook over claims she committed mortgage fraud. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Chinese manufacturing growth in August came in at its weakest for a year while retail sales slumped to a nine-month low. Fitch downgrades France's credit rating to A+ from AA- due to a rising debt ratio and political upheaval following the collapse of Francois Bayrou's government. The UK announces investment from big banks and a nuclear power agreement ahead of President Trump's second state visit. However, several large pharmaceutical companies are snubbing further investment in the UK following a falling out over drug pricing. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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U.S. core inflation data comes in as expected while unemployment claims are almost at 4-year highs which boosts hopes of a Fed rate cut next week. Global equities respond by pushing into the green. U.S. Treasury Secretary Scott Bessent is set to hold talks with Chinese Vice-Premier He Lifeng in Madrid next week. Top of the agenda will be trade, security and Tik Tok's presence in the U.S.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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A 36 per cent surge in Oracle shares helps to fuel a second day in the green for the S&P 500 after the tech giant announced a series of multi-billion dollar A.I. cloud deals. A police manhunt is under way following the assassination of conservative activist and founder of Turning Point USA, Charlie Kirk, at a university campus event in Utah. The ECB is expected to hold interest rates steady today but further cuts are still expected by year-end as French political gridlock threatens wider growth across the euro zone. And buy-now, pay-later lender Klarna makes its public debut on the NYSE, breathing new life into Wall Street's capital markets.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Israel fires missiles at Hamas' leadership targets in Qatar, undermining hopes of a ceasefire in Gaza and drawing the ire of President Trump. Emmanuel Macron appoints defence minister Sebastien Lecornu as his next prime minister. Lecornu is now tasked with passing the government's reform agenda as well as a its fiscal package. A U.S. judge has temporarily prevented President Trump from firing Fed governor Lisa Cook over alleged mortgage improprieties, saying that the claims of fraud before she was appointed would not constitute grounds for removal. And in pharma news, drug maker Novo Nordisk is set to slash up to 9,000 jobs on the back of weaker sales and strong competition Stateside. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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We are live in Paris where the French government has collapsed after Prime Minister Francois Bayrou loses a vote of confidence over his austerity budget. France will now seek its fifth prime minister in less than two years. Bayrou warned lawmakers that while they can oust him, they cannot ‘erase reality' about the country's ballooning debt. We are also in Munich at the IAA Mobility 2025 show where European car makers show off their latest models with Chinese rivals cranking up the pressure across the Continent. Xpeng boss He Xiaopeng tells CNBC he plans to take his mass-market Mona brand overseas next year. At the Gastech summit in Milan we speak to TotalEnergies CEO Patrick Pouyanné who says European energy markets must diversify in the face of Opec+ output hikes, U.S. tariffs and tighter sanctions on Russia. And the European single market also dominates discussions at the Ambrosetti Forum with former Italian Prime Minister Enrico Letta telling this channel that President Trump's tariffs have served as a ‘federator' for European unity.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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We hear from U.S. Senator Richard Blumenthal at the Ambrosetti Forum who calls last week's military parade attendees in Beijing “a tableau of tyrants”. The Democratic senator for Connecticut urged the U.S. and Europe to present a united front against an “axis of upheaval”. Japanese Prime Minister Shigeru Ishiba resigns after less than a year in power following a sequence of failed elections. The Nikkei, however, surges on anticipation Ishiba's successor may usher in wider fiscal loosening. French Prime Minister Francois Bayrou is on the verge of being ousted in today's vote of no confidence in his austerity budget - a result which will raise concern over France's ability to cut debt and spending. In oil news, Opec+ nations move to unwind production cuts, boosting output by 137,000bpd in October as Saudi Arabia looks to reassert its market dominance. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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We are live on the shores of Lake Como in Italy where trade and defence will the focus at the Ambrosetti Forum. We hear from Nobel laureate Joseph Stiglitz who says the EU should have performed better in trade negotiations with the U.S. The S&P 500 hits a new record high and bond yields fall following this week's multi-year highs as markets await today's U.S. jobs data, hoping for further Fed rates easing. Ukrainian allies agree to post-war security guarantees at a summit in Paris with arrangements made for international troops to be stationed on land and at sea, despite admitting that a peace deal remains elusive.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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The recent bond rout calms but deeper concerns about the global fiscal picture keeps bond yields at multi-year highs. We hear from Commerzbank CEO Bettina Orlopp who says markets should closely monitor government responses. In the U.S., a soft jobs reports raises hopes of a September rate cut and helps ease pressure on the bond market. Fed chair candidate pick Christopher Waller suggests more rate cuts are on their way. And in France, President Macron holds a ‘coalition of the willing' summit for Ukraine and its allies as supportive nations seek to shore up U.S. support for eventual post-war guarantees.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

French and British bond yields hit multi-year highs as a rout develops on fiscal concerns. Beijing hosts world leaders including Russian President Vladimir Putin and North Korea's Kim Jong-Un at a mass military parade to mark the 80th anniversary of the end of WW2. In tech news, Alphabet company Google notches a huge anti-trust win following a ruling by a U.S court which deemed it would not have to offload its Chrome browser. However, the company was instructed to share its search data with rivals. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Nestlé ousts its CEO Laurent Freixe following the revelation of an undisclosed relationship with a subordinate co-worker. The head of Nespresso, Philipp Navratil, has been appointed to run the Swiss food giant. Russian President Vladimir Putin has held talks with Chinese President Xi Jinping in Beijing, calling him ‘a dear friend' as the two countries seek to strengthen global alliances following the Shanghai Cooperation Organisation summit. In France, Marine Le Pen's Rassemblement National party calls for new elections as Prime Minister Francois Bayrou's government teeters on the brink of collapse. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Chinese President Xi Jinping hosts leaders from more than 20 nations at the Shanghai Cooperation Organisation. Xi outlined his vision for a new global bloc to counter the current U.S. administration. An appeals court in the U.S. rules that most of President Trump's trade tariffs are illegal which could trigger worldwide economic uncertainty. In retail news, shares in Alibaba soar on the back of strong A.I.-related sales in its cloud division. The Chinese e-commerce giant is reportedly working to produce an A.I.-focused semi-conductor. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.