545 stories · Page 4 of 55
Within 48 hours, quantum tech moved from lab demo to market reality: China’s Origin Quantum put a 180-qubit computer online for global users while U.S. start-up Quantinuum sought a Nasdaq listing at a >$20 billion valuation, signalling an abrupt escalation of commercial and geopolitical stakes in quantum computing.
On 8 May 2026 a nationwide class-action lawsuit was filed in Portland accusing Nike of planning to keep government refunds for $1 billion in now-invalid Trump-era IEEPA tariffs after already recouping the duty costs from shoppers through price hikes.
In April 2026, the UN FAO Food Price Index rose 1.6 % to 130.7—its highest since Feb 2023—marking a third straight monthly increase largely because the Iran-Hormuz war pushed vegetable-oil prices up 5.9 %.
On 7 May 2026 the U.S. Court of International Trade struck down President Trump’s February-imposed 10 % blanket tariff, and the same day Trump warned he will lift tariffs on EU vehicles from 15 % to 25 % unless Brussels enacts the stalled Turnberry trade pact by Independence Day.
On 8 May 2026, ASEAN leaders approved their first charter amendment in 19 years—the Cebu Protocol—while instructing members to fast-track a voluntary oil-sharing pact and green-lighting a Philippine-based ASEAN Maritime Center to guard South China Sea shipping amid Middle-East-sparked energy turmoil.
On 7 May 2026, President Trump gave the EU a hard deadline of 4 July to ratify last year’s Turnberry trade accord or face an immediate hike of U.S. tariffs on European cars and other goods from 15 % to “much higher,” explicitly citing a 25 % auto rate.
On 8 May 2026 a 2-1 panel of the Court of International Trade ruled President Trump’s temporary 10 % global duties—imposed under the never-used Section 122 of the 1974 Trade Act—unlawful, immediately exempting only Washington State and two small importers while leaving the levy in place for everyone else pending appeal.
On 7 May 2026, AirAsia signed a record $19 billion purchase for 150 Airbus A220-300s, becoming the launch customer for a new 160-seat layout and locking in deliveries from 2028 to 2039.
On 6 May 2026 Apple told a California federal court it will pay $250 million to settle a consolidated class action claiming its 2024 marketing of “Apple Intelligence” misled buyers of iPhone 16 and select iPhone 15 models.
Between 6–7 May 2026, a cluster of announcements from L&T, city governments and civic bodies collectively added over ₹50,000 crore in fresh capital commitments and land deals, signalling an acceleration of domestic infrastructure and tech investment despite global headwinds.
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