Business
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Nvidia warns Biden’s AI chip restrictions could undermine U.S. tech dominance
Nvidia NVDA.O on Monday criticised a new effort by the Biden administration to tighten Washington’s grip on artificial intelligence chip…
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Biden administration delays enforcement of order blocking Nippon Steel, US Steel deal
WASHINGTON – The Biden administration delayed until June an order for Nippon Steel 5401.T to abandon its $14.9 billion bid…
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Apple board opposes proposal to abolish DEI programs
Apple’s AAPL.O board of directors recommended investors vote against a shareholder proposal to abolish the company’s Diversity, Equity, and Inclusion…
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TikTok warns of broader consequences if US Supreme Court allows ban
WASHINGTON – The lawyer for TikTok and its Chinese parent company, ByteDance, issued a warning during Supreme Court arguments over…
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UK seeks ‘pragmatic and predictable’ ties with China to boost economic growth
BEIJING – British finance minister Rachel Reeves, said on Saturday that “pragmatic and predictable” relations with Beijing would help boost…
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JPMorgan sees 30%-40% chance of more credit rating pain for France amid ongoing political upheaval
Analysts at JPMorgan have warned of a 30%-40% chance that France will see further negative credit rating moves this year,…
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Tesla supplier Panasonic Energy to end supply-chain dependence on China amid Trump’s tariff pledge
Tesla TSLA.O supplier Panasonic Energy plans to eliminate its supply-chain dependence on China for electric vehicle batteries made in the…
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US to end restrictions on Indian nuclear entities to boost energy ties
The U.S. government is in the process of removing restrictions on Indian nuclear entities, in a bid to forge deeper…
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Nippon Steel and US Steel File Lawsuits Against Biden’s Block of Acquisition
Nippon Steel and US Steel have taken legal action against President Joe Biden’s decision to block Nippon Steel’s proposed acquisition…
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Italy plans $1.5 billion SpaceX telecom security services deal
Italy is in advanced talks with Elon Musk’s SpaceX over a 1.5-billion-euro ($1.55 billion) deal for the company to provide…
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