Day: July 9, 2025

China’s producer deflation reached its highest level in almost two years in June, highlighting ongoing struggles within the economy as it faces uncertainty from the global trade war and sluggish domestic demand. These factors are putting increasing pressure on policymakers to introduce additional support measures, Azernews reports.

Taxpayers can check their eligibility using the Surplus Tax Refund Eligibility Tool, available through the Georgia Tax Center, by inputting their tax year, Social Security Number or Tax Identification Number, and Federal Adjusted Gross Income.

Daimler Truck, the German truck manufacturing giant, has announced plans to cut 5,000 jobs in Germany by 2030 as part of a broader cost-cutting initiative aimed at improving operational efficiency, Azernews reports.

The 14th Gabala International Music Festival will commence on July 24, under the initiative and organization of the Heydar Aliyev Foundation, with support from the Ministry of Culture of the Republic of Azerbaijan, the Uzeyir Hajibeyli Baku Music Academy, and Gilan Holding, Azernews reports.

On Wednesday, LG AI Research unveiled Exaone Path 2.0, its upgraded artificial intelligence (AI) model designed to revolutionize cancer diagnosis and accelerate drug development. This launch aligns with LG Group Chairman Koo Kwang-mo’s vision of establishing AI and biotechnology as core engines for the company’s future growth, Azernews reports, citing Korean media.

SpaceX is currently negotiating a new funding round that could push its valuation to an astonishing $400 billion, potentially making it the most valuable private company in the world, Azernews reports, citing foreign media.