US officials are reportedly applying the brakes on the scheduled rollout of significant semiconductor tariffs, a major economic measure championed by the Trump administration. This quiet slowing of the process …
Business
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Business Secretary Peter Kyle has given his clearest backing yet for a green revolution at British Steel, stating the government is “keen to see that transition happen.” The transition in …
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Federal Reserve Chair Jerome Powell hailed the “steady voice” of Raphael W. Bostic, as the Atlanta Fed president announced his retirement for February. Powell’s praise underscores Bostic’s role as a …
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A major strategic realignment by SoftBank, involving the sale of its substantial $5.8 billion stake in Nvidia, has sent immediate bearish signals across the technology markets. The capital raised is …
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Trade analysts are pointing to a new round of 700 US tariff requests as proof of the “uncertainty in the relationship” between the US and its allies. Despite the UK …
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Apple’s plan to catch up in the AI race involves a $1 billion-a-year check to its main rival, Google. The company will use Google’s 1.2 trillion parameter Gemini model as …
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Elon Musk’s proposal for a $1 trillion pay deal, which would make him the world’s first trillionaire, has hit a major snag. Norway’s sovereign wealth fund, a $17 billion investor, …
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China’s oil giants, Sinopec and PetroChina Co., have hit the brakes on Russian imports. The state-owned firms are canceling Russian cargoes, demonstrating a new risk aversion following a new round …
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Nvidia’s $5.05 trillion valuation is built on a strategy of aggressive expansion into every corner of future technology. The chipmaker, which became the world’s first $5T firm on Wednesday, has …
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President Donald Trump issued a confident statement ahead of his meeting with Chinese President Xi Jinping, saying, “I think it’s going to work out very well.” The “big meeting” is …