Business

The weakening of the US dollar has arguably been the story of the year for financial markets.

Tata Advanced Systems, Dassault Aviation ink deals to make Rafale fighter jet fuselage in IndiaThe fuselage, or body of the airplane, is a long hollow tube which holds all the pieces of an airplane together. This marks the first time Rafale fuselages will be produced outside France.Rafale fighter jet is seen parked on the tarmac during its induction ceremony at an air force station in Ambala, India, September 10, 2020. File Image/Reuters

Every Thursday, our Money blog team interviews chefs from around the UK, hearing about their cheap food hacks and more. This week, we chat to Ryan Honey, head chef at The Duke in Henley-on-Thames.

The head of a major business lobby group is warning that energy bills in the UK are an “anchor” on private sector ambitions, exacerbating the effects of an annual £24bn burden from government costs.

France, Germany, UK…Tesla sales slump across Europe as electric car market surgesGermany’s Federal Motor Transport Authority, K.B.A., data shows that registration of new Tesla cars is more than a third of the same month last year, despite being Europe’s prime location for car salesTesla to launch its robotaxi services in Austin by June 12. AFP

US-China trade tensions threaten tech partnershipsAs both the US and China accuse each other of violating the 90-day trade truce agreed upon in May, tech partnership between the world’s top two economies is falling apart brick by brickFile photo of Donald Trump and Chinese President Xi Jinping in Beijing. Source: AP.

Amazon building ‘humanoid park’ to test delivery robots for packages: ReportAmazon is reportedly developing AI software for humanoid robots that could one day replace human delivery workers, according to The Information. A testing facility called a “humanoid park” is being built at its San Francisco office to trial the technology.Packages are transported on a conveyor belt at the Amazon warehouse, busy on Prime Day, in Melville, New York, U.S. File image/ Reuters

US team in India for trade talks, govt scans Trump’s tariff concessions to other countriesAs a US delegation arrives in New Delhi to negotiate a bilateral trade deal, India is observing the concessions Washington made to other nations, to make the best out of the deal negotiations.The US court order temporarily grants India more flexibility in handling US demands during ongoing negotiations. Representational image/PTI

‘Wanted to make flying robots, not…’: Developer upset as Ukraine uses his open-source code to make deadly dronesA 20-year-old open-source code powered Ukraine’s Operation Spider Web that destroyed a third of Russian bombers that were hidden miles away from Ukraine. The creators of the code expressed surprise over the matterUkraine’s Security Chief Briefs President Zelenskyy on Operation Spider’s Web. Image: X/@ZelenskyyUa

Ministers will this week unveil a revamp of the Whitehall investment hub that they hope will secure hundreds of billions of capital flows into the UK in the coming years.