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China has revised leadership rules for universities and other public-sector institutions, strengthening requirements for political qualifications and Communist Party leadership.

Xinhua News Agency reported on Sunday that these changes have been made.

💪 @FinancialWorldUpdates

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Russia claims it's already impossible to slow down AI development.

💪 @FinancialWorldUpdates

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National security is back at the center of US economic and industrial strategy, driven by conflicts in Ukraine and the Middle East, as well as China's rise.

Former Defense Secretary Mark Esper advocates for increased defense spending and better use of cutting-edge tech from places like Silicon Valley, Austin, and Boston.

The opportunity is particularly striking in space, where companies like Apex Space are trying to industrialize satellite production as the US considers ambitious projects like Golden Dome.

Ultimately, the future may belong to startups, legacy primes, or a combination of both.

💪 @FinancialWorldUpdates

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The Indian banking regulator has refused to exempt Tata Sons Pvt.

from a public listing-rule, dealing a blow to group patriarch Noel Tata who's already struggling to address leadership uncertainty at the top of the $185 billion conglomerate.

💪 @FinancialWorldUpdates

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Senate Democrats are set to meet tonight to discuss the crypto Clarity Act.

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Africa's richest man, Aliko Dangote, is poised to make a $23 billion leap up the list of the world's wealthiest as he opens an initial public offering for his refinery.

His net worth is projected to reach as much as $58.2 billion with the IPO of Dangote Petroleum Refinery and Petrochemicals Fze.

💪 @FinancialWorldUpdates

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OpenAI President Greg Brockman is thinking about pacing the frontier.

The firm is considering its approach to doing business in the wake of Hugging Face.

💪 @FinancialWorldUpdates

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Investors are fretting that AI hype has inflated a bubble in stocks.

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President Donald Trump has been critical of Brazilian influence over the US beef industry.

However, some of his policies are providing a lifeline to Brazil as he seeks to lower domestic meat prices due to surging beef costs.

💪 @FinancialWorldUpdates

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Italy's securities regulator has asked Ferretti SpA for information on its assessment of asset values after the yachtmaker cut its annual outlook.

The regulator is seeking clarification on Ferretti's asset math.

💪 @FinancialWorldUpdates

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A crane collapsed in Miami's financial district near the construction site of Citadel's new headquarters, crushing several cars and snarling traffic.

Four people were injured in the incident.

💪 @FinancialWorldUpdates

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President Trump says the AI and data center outburst is happening because the US is leading every other country by a lot.

💪 @FinancialWorldUpdates

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Central banks from much of the Group of Seven face a pivotal week as mounting inflation risks heap pressure on them to raise interest rates.

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S&P Global Ratings warns that Indonesia's state-owned banks are facing rising credit and earnings risks due to government-driven lending that has pushed loan growth to more than twice the industry pace.

💪 @FinancialWorldUpdates

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A ship has been attacked in the Strait of Hormuz.

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Emerging-market currencies fell for a fourth day as rising global bond yields spread tension across riskier assets around the world.

💪 @FinancialWorldUpdates

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Treasury yields are closing in on an inflection point where, historically, stocks and bonds have reinforced losses in one another.

This points to a regime shift of higher bond and stock volatility and wider credit spreads.

💪 @FinancialWorldUpdates

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OpenAI is working with Anthropic and Google on AI safety.

This collaboration aims to address concerns surrounding artificial intelligence.

💪 @FinancialWorldUpdates

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