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Alibaba shares up 5% on new chip and AI push
Alibaba Group shares jumped more than 5% Tuesday after the company announced it was developing an AI model up to four...
Iran could reopen Strait of Hormuz within 7 days if U.S. halts strikes
According to media reports, Iran has suggested it could reopen the Strait of Hormuz within one week if the U.S. eases...
Bitcoin hits highest level since January
Bitcoin rose above $85,000 on Monday as the cryptocurrency continued its sharp rally over the past few days. Bitcoin was traded...
Bessent proposes US-China AI safety notifications
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng finished talks in New York on Sunday, during which...
Global diesel shortage to continue into 2027
According to industry experts, the global diesel shortage won't resolve until next year, prolonging higher fuel prices that are affecting...
Nestle considers options following Putin’s asset crackdown
Nestlé announced on Friday that it is evaluating its options following the Kremlin's decision to place its Russian assets under...
Hyundai Motor CEO warns of insufficient guardrails amid Chinese vehicle surge
Hyundai Motor CEO Jose Munoz cautioned that unless Washington preserves tariffs and market-access safeguards, the US might face a wave of...
Warren Buffett steps down as Berkshire Hathaway Chair
Berkshire Hathaway Inc. announced today that Warren E. Buffett will step down as chairman effective immediately. Warren E. Buffett has...
Applied Materials to invest $5 billion in India
Santa Clara based Applied Materials announced on Thursday at SEMICON India, the country's leading chip conference, that it will invest...
Trump calls EU proposal for Canada ‘laughable’
On Thursday, Canadian Prime Minister Mark Carney welcomed the European Union’s goal to include Ottawa as an associate member of the...
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