The Leixlip campus expansion will scale up Intel Xeon 6 production on the Intel 3 node, adding to more than €30 billion Intel has invested in Ireland since 1989.
Posted inMarkets
Softer June CPI Eases Rate-Hike Bets, Lifting Stocks and Gold
US June inflation came in at 3.5% annually with core CPI at 2.6%, pushing the S&P 500 up 0.38% to 7,543 and gold nearly 2% higher to $4,080 an ounce on Tuesday.
Posted inEconomy
China June Exports Jump 27% as AI Hardware and Tariff Rush Drive Record Surplus
Overseas shipments rose to $412 billion in June, well above analyst forecasts, with semiconductor prices more than doubling year-on-year and electric-vehicle exports up 70%.
Posted inGeopolitics
Ukraine Parliament Votes 258-1 to Dismiss Prime Minister Svyrydenko
Ukraine’s parliament voted 258-1 on Tuesday to dismiss Prime Minister Svyrydenko, as Zelenskyy repositioned his cabinet for a new phase of the war.
Posted inWorld
Sara Duterte Trial Deepens as NBI Witness Cites Alleged Assassin Contact
The NBI’s second witness told the Philippine Senate that Sara Duterte’s alleged threats against President Marcos were serious and unprotected by free speech.
Posted inTech
Helsing Raises $1.8 Billion at $18 Billion Valuation in Europe’s Largest Defense-AI Round
Munich-based defense-AI startup Helsing closed a $1.8 billion Series E on July 13, reaching an $18 billion valuation with backing from JPMorganChase and Goldman Sachs in the largest European defense-startup round on record.
Posted inMarkets
TSMC Q2 Revenue Surges 36% to Record $39.6 Billion on AI Demand
TSMC reported Q2 2026 revenue of $39.63 billion, a 36% year-over-year rise hitting the upper bound of its own guidance, as AI accelerator orders pushed June to an all-time monthly record of $13.2 billion.
Posted inEconomy
India’s Inflation Breaches the RBI’s 4% Target for the First Time in 17 Months
India’s consumer price index rose to 4.38% in June 2026, driven by food and transport costs, reigniting debate over whether the Reserve Bank of India should resume rate hikes as early as August.
Posted inGeopolitics
Ukraine’s Patriot Batteries Run Dry as Russia’s Ballistic Missiles Break Through
All six Russian ballistic missiles fired on July 11 penetrated Ukrainian air defenses as Patriot interceptors ran critically low, killing at least 9 across Sumy, Kherson, and Kryvyi Rih over two days of strikes.
Posted inWorld
Iran Shuts the Strait of Hormuz and Imposes a Toll Regime on Shipping
Iran formally closed the Strait of Hormuz to foreign shipping on July 12, demanding toll payments and regime-approved routing as U.S. gas prices hit $3.87 per gallon and diplomatic options narrowed.