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US President Trump: We could make a deal with Iran, but I don’t think Iran is ready to make a deal.
July 25th - According to the Financial Times, Alphabets self-driving car company Waymo is exploring the option of ending its partnership with Uber. The relationship is deteriorating as the two tech giants engage in fierce lobbying competition over the future of driverless taxis. Multiple sources familiar with the matter revealed that Waymo has internally discussed ending its current agreement with ride-hailing giant Uber, which operates services in Austin and Atlanta. Uber stated that Waymo has informed it of its plans to independently enter these two markets starting in January 2028, subject to contractual provisions. The two companies initially partnered in 2023, but their relationship has worsened as they have become direct competitors in some markets and have lobbied for driverless taxi regulations that benefit both sides and weaken each other.
According to the Financial Times, Waymo is considering ending its partnership with Uber as tensions intensify in the autonomous taxi sector.
Brazilian Planning Minister Moretti: We do not expect to reinstate the additional subsidy of 0.35 reais per liter of diesel.
Saudi Arabia’s Public Investment Fund and the U.S. Export-Import Bank signed a memorandum of understanding worth up to $15 billion.