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Global Business News 21 June 2025 - 16 August 2025

AI Storm: Breakthroughs, Backlash & Billion-Dollar Bets (Global AI News Roundup, Aug 15–16, 2025)

AI Storm: Breakthroughs, Backlash & Billion-Dollar Bets (Global AI News Roundup, Aug 15–16, 2025)

In mid-August 2025, OpenAI unveiled GPT-5, a “major upgrade” with PhD-level expertise across coding to medicine and rolling out to all 700 million ChatGPT users; Sam Altman said it feels like you can ask a legitimate expert about anything, but
Trade Truce, Tech Triumphs & Oil Drama: Global Business Bombshells (Aug 11–12, 2025)

Trade Truce, Tech Triumphs & Oil Drama: Global Business Bombshells (Aug 11–12, 2025)

The Reserve Bank of Australia cut its cash rate by 25 basis points to 3.6% on Tuesday, its third cut this year, with Governor Michele Bullock signaling further easing may be needed. China’s factory-gate prices fell 3.6% year on year
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