India on Friday sent its Chandrayaan-3 spacecraft on a mission to land on the moon, hoping to join the three other countries that have managed the feat. Comparatively, though, India's quest has a considerably lower budget, with a price tag of $74.6 million. The launch comes at a time of growing opportunities in the space industry. According to an Indian minister, the country's space sector is on trajectory to become a trillion-dollar economy in the coming years.

US Treasury Secretary Janet Yellen met with Chinese economic officials and US business leaders on Friday as she tries to soothe mounting tensions between the world's two largest economies. Also, Twitter threatens legal action over Meta's new "Threads" app, and delivery app firms sue New York City over a minimum wage law for drivers.

Shortly after arriving in Beijing, US Treasury Secretary Janet Yellen said her visit was an "opportunity to communicate" and "avoid misunderstanding". Relations between the world's two biggest economies have become strained due to disputes over trade and technology. No major agreements are expected to come out of Yellen's meetings with Chinese officials. Instead, analysts say the focus is on restarting dialogue. We take a closer look at the high-stakes, low-expectations trip.

Seven hours after its launch, some 10 million people had signed up to the new "text-based social media platform" Threads, according to Meta CEO Mark Zuckerberg. The app aims to attract Twitter users who are unhappy with some of the changes on that platform under Elon Musk's ownership. Also in this edition, we see how heatwaves in India are leaving a mark on the country's agricultural and construction sectors. Plus, one California company gets approval for a test flight of a flying car.

Fresh figures have shown the extent of the European Union's efforts to reduce its energy dependency on Russia, with Moscow accounting for just 3 percent of the bloc's oil imports in the first quarter of this year, compared to 26 percent during the same period in 2022. The EU has also moved away from Russian natural gas, relying more heavily on Norway, the UK and Algeria. This comes as the decline in Moscow's export revenues weakens its currency.

In spite of an agreement struck in April to cut production of crude by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, oil prices still haven't seen a boost. In this edition, we see that concerns over global economic growth are outweighing the production cuts. Also, European space rocket Ariane 5 gears up for its final lift-off and Singaporean bank UOB makes a winning bet on Taylor Swift fans.

Beijing has announced it will set restrictions on the export of two key materials used to make computer chips. Starting on August 1, China's commerce ministry will require producers of gallium and germanium to obtain licences before exporting the metals. The move comes after the United States imposed similar restrictions on exports of semiconductors to China last year on national security grounds. Also in this edition, Indonesia's president goes to Australia in the hope of enlisting help in building up an electric battery supply chain. Plus, Meta says it will launch a rival to Twitter.

The Wall Street Journal is reporting that Washington is looking to further restrict the exports of artificial intelligence chips to China. The United States is concerned that Beijing could use American-made technology to develop weapons or increase its hacking abilities. Also in this edition: UK food retailers face tough questions on high prices in parliament, and drinks giant Diageo cuts ties with hip-hop mogul Diddy over accusations of racism.

In his address at the World Economic Forum in Tianjin on Tuesday, Chinese Premier Li Qiang dismissed the notion put forth by the United States and the European Union of decreasing dependence on China's economy as a "misguided proposition". Furthermore, he reassured attendees that despite mounting concerns about the vigor of the nation's economic recovery, China is on course to attain its projected 5% GDP growth for 2023. In other news, high food prices have thrust UK supermarket chains into the spotlight as they prepare to answer questions before Parliament in the latest edition.

The latest report from the UK-based Energy Institute trade group shows demand for energy rising in 2022 as fossil fuels continued to make up more than four-fifths of global supply last year. Also in this edition: inflation renders the Hajj pilgrimage increasingly unaffordable, and Greek voters choose economic stability after a decade of crisis.