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The Business Standard

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July 18, 2026

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SATURDAY, JULY 18, 2026

global economy

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global economy

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 Apple's iPhone 17 smartphones are demonstrated in a store during preparations for the series' launch of sales in Moscow, Russia, September 20, 2025. Photo: Reuters

Apple unseats Nvidia to become world's most valuable company as AI bets shift

Apple was last valued at $4.88 trillion as its shares held steady, while Nvidia was roughly at $4.86 trillion, following a 3.5% decline

Uber Logo. Photo: Collected

Uber launches $14.8b offer for Delivery Hero to create global platform

People gather around the BMW iX3 model at the company’s booth at the Beijing International Automotive Exhibition (Auto China), in Beijing, China, April 24, 2026. Photo: REUTERS/Maxim Shemetov/File Photo

BMW races to catch up in a Chinese EV market that won't slow down

Ships and boats in the Strait of Hormuz, Musandam, Oman, on 22 April 2026. Photo: REUTERS/Stringer/File

Hormuz traffic slows to multi-week low as renewed US-Iran strikes raise safety concerns

The headquarters of Germany's Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File Photo

Deutsche Bank pays $1.3m penalty for Australian trade reporting failures

US President Donald Trump shakes hands with India's Prime Minister Narendra Modi. Photo: Reuters

An emboldened India holds out for better terms in US trade talks

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Oil gains over 2% as fresh military strikes threaten Hormuz shipments

Representational image. Photo: Reuters

Oil rises as US strikes on Iran raise fears over shaky truce

The logo of Samsung Electronics is seen at its booth during The 26th Semiconductor Exhibition 2024 in Seoul, South Korea, October 23, 2024. Photo: REUTERS/Kim Hong-Ji/File Photo

Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, US February 18, 2025. Photo: REUTERS/Eli Hartman/File Photo

Oil prices gain as focus shifts to supply recovery and demand

A screen reflecting on glass displays the Hang Seng stock index at the Central district in Hong Kong, China, April 7, 2025. Photo: REUTERS

Asia shares sputter as earnings loom, oil weighed by supply

Illustration/Shakib Ahmed

How Vietnam, Sri Lanka, Philippines gained World Bank upper-middle-income status

Representational image. Photo: Reuters

Oil up slightly ahead of long US weekend as peace efforts hold

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