Venezuela Bloodshed: 100 Dead in Raid, Chevron's Oil Push, China Snubs Nvidia

Business
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CNBC TV18•08-01-2026, 11:28
Venezuela Bloodshed: 100 Dead in Raid, Chevron's Oil Push, China Snubs Nvidia
- •Venezuela's interior minister Diosdado Cabello reported 100 deaths in a US-backed raid to remove President Nicolas Maduro, with Chevron seeking expanded oil licenses in the country.
- •China is reportedly curbing reliance on US AI chips, asking tech companies to halt Nvidia H200 orders and mandating domestic purchases.
- •Donald Trump mocked French President Emmanuel Macron, claiming he used tariff threats to influence prescription drug prices.
- •Indian markets saw Meesho shares drop 35% from peak, while JPMorgan cut price targets for Kaynes and Dixon Tech but remained bullish.
- •IMD warned of intensifying depression in the Bay of Bengal, bringing heavy rain, fog, and cold wave conditions across India; Oxford University Press apologized for unverified content on Chhatrapati Shivaji Maharaj.
Why It Matters: Geopolitical tensions, economic shifts, and diverse national news dominate headlines, from Venezuela's crisis to China's tech pivot.
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